Motley Fool Agrees to add Southwall Technologies Ticker Today!
May 27, 2008
– Comments (2)
To my pleasure SWTX (Southwall Tech) was added in response to my request.
Granted, this solar & heat mirror glass company does not meet minimum requirements in either Market Capital or Share Price for CAPS ratings.
However, I bought 320 shares of SWTX last week after learning of Southwall Tech's excellent 1Q earnings report, partnership with a company that sells doors, and top rated products.
Based on all that is transforming with Southwall Tech and there new interest in abandoning there LCD Display Screen product line for an increased focus in their HEAT MIRROR and Solar Power Module product, I have a pure gut feeling it won't be too long before SWTX is rateable.
Only time will tell... Southwall Tech's future will be greatly dependant on their new partnership which includes borrowing a large loan payment to help finance a new Manufacturing Glass Plant in Wyoming.
I plan to give SWTX 18 months. Historically, SWTX has not grown in size enough to have any real impact to their stock price for many years. Will these new moves (including a new C.E.O.) begin a path of growth or will SWTX's share price continue to stagnate below $2.50 a share for years to come ala UNISYS Style?
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