WSTG...Looks good here. Hweb, I looked at the former CEO's separation agreement and it looks like the $100,000 is being paid out in 6 equal monthly installments. So maybe only $16,700 will be charged to Q2.??
WSTG is currently trading at approx $1 above a 9-year low. Westside has a 15 year history of paying and raising their dividend. (I don't think they ever missed paying a dividend over the past 15 years, even when the market took a crap in 2008/2009). Current yield is 6% !!! They also have no debt, good cash, a low PE, and are in the tech space.
I view WSTG as a very low risk investment at this point. Time will tell.
Anyway, I've been adding in the low $11's and am looking forward to Q2 results. Like you said hweb, we should see some favorable numbers compared to last year.
Wayside said on their last conference call that they are feeling very good about the outlook of the remainder of this year. So we'll see what happens.
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
