I predict a very strong 3rd Q. The reason being is that the Gov't executes most of their funds in the 3rd & 4th quarter of the fiscal year. They also get "plus up" funds from their business line that they need to obligate or execute before Oct 1. If they don't spend the funds, it goes back to the treasury.
For this reason, I strongly suspect WYY will receive many more task orders from the 3 Gov't agencies in their 3rd Q, which is the Gov't 4th Q. I see each and every year.
Considering FY13 was a belt tightening year for all Gov't agencies because congress couldn't pass a budget and the sequestration BS for Gov't employees, the funds are flowing this FY because all agencies are behind in their programs and funds, while not as much as previous years, are being pumped back to all agencies to bring their programs back up to par.
How do I know this you may ask? I work for one of those federal agencies For the past 17 years and I can tell you first hand we are being asked to obligate and execute FY14 funds before the Sept 1 deadline. Contracts normally can't be processed in the last 30 days of the Gov't FY but WYY already has the contracts in place so all they need to do is have the contracting officer issue task orders to ensure they spend all their funds before they expire on Oct 1.
You heard it here first. WYY will turn a profit in their 3rd Q because of the above reasons. I calculate they'll earn 4 cents a share which will blow away estimates.
No matter what happens tonight, or over the next few weeks, there is no way I'm selling any shares. This is a sure bet of a double or triple from current levels over the next 18 to 24 months!
