WidePoint Corp (WYY)

[Mirdad]

Rare, they've only bought stock when they have to raise more money. In defense of the insiders, they already own lots of shares, are not rich guys and don't pull home huge salaries. That being said, I do agree they should buy at least some shares to give us some kind of sign that since they are putting up their own money they still believe in the company. Believe it or not, I've been told by IR that they are in a "quiet period" and that they can't buy shares because as insiders they possess privy information. There could be some legitimacy about this because if you think about it, there is a huge potential deal with the demos they are doing with the Fed via Samsung and Widepoint's CoD product. If they book that deal and the stock spikes one could argue they bought on the cheap. They've already signaled that the USCG would most likely come through so I don't see why they couldn't buy shares having already forecasted it. As the eternal optimist I'm hoping for not only the USCG order but the Samsung/CoD order with the Feds.
The share price should double based on the USCG order and spike huge on the Samsung/CoD order with the Feds. But as we know, the Feds move ever so slowly which never helps this stock