By Steve Moore | Thursday 17 April 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In a piece looking at lessons which could be learned from the approaching 40% share price decline of ASOS plc in less than 7 weeks, I noted that ‘great valuations tend to lead to great investor disappointment if expectations are not met’ and was reminded of this again when seeing shares in another tech ‘darling’ stock, blur Group (BLUR) currently down more than 33% today. The following reviews.
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