Liquidity Services (NASDAQ:LQDT), a company that helps to liquidate a lot of government inventory surpluses from departments such as the Department of Defense and others, has seen top line sales more than double since 2009. But the stock is falling today, after its winning bid for one of the company's all-important government contracts ended up being much higher than expected. Could such a big error ever be repeated, and should investors run for the hills based on this mistake?
In this segment from Wednesday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser discuss Liquidity Services, why this looks more like a one-off than a pattern, and the many reasons there are to like this stock.
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Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Liquidity Services. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.