WidePoint Corp (WYY)

[mlm27718]

$WYY - https://www.widepoint.com/

https://www.widepoint.com/investor-relations/

8k-
http://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=10492696&type=HTML&symbol=WYY&companyName=WidePoint+Corp.&formType=8-K&dateFiled=2015-09-21

Investor Presentation-
https://www.widepoint.com/wp-content/uploads/2015/09/WidePoint_Investor_Deck-September2015_F.pdf

http://www.pureetfs.com/etfs/hack.html - daily updates of how many shares of $WYY are left to sell.

I personally spoke with a member of the HACK team and he went over the process and why they HAVE TO sell their shares. There was no run around, 1.877.756.7873 (ext 3 i believe). It is public record of how many shares are left and how many have been sold. As of today Sept 23 there was 4.4million shares left to sell. I went over todays volume and share price of $WYY with the rep that I spoke with and his exact words for todays volume of 1,012,955 was, “Most of that was us.”

RSI keeps dipping below 30, imo this is very over sold. Looking for a monster bounce here!!

The reason this etf has to sell off is because the market cap fell below $100mm. As you can see in this 13G, http://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=10428483&type=HTML&symbol=WYY&companyName=WidePoint+Corp.&formType=SC+13G&dateFiled=2015-08-11, they have already sold off over half of their holdings.
this article also explains why this is a prime buying opportunity —-> http://seekingalpha.com/article/3500006-widepoint-value-growth-and-forced-selling-present-a-fantastic-opportunity

this is pretty cool too —> Seeking Alpha Disclosure
“Disclosure: To learn more about the company, please see past CIR articles on the company. We opened a position at $1.65 due to our increased interest in the Identity and Access Management space. We added to that position after the overreaction to the earnings miss in the $1.40s. We then doubled down when the price neared $1.35 and then doubled down twice more at $1.15 and $1.03. Our final two purchases were purely due to the understanding that HACK was a major seller and was dragging down the price despite no change in the underlying business. As a result, the company has become our largest holding, and we will continue to grow our position in increments of 10% declines until proper valuation is realized.

Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.”