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Re: 2morrowsGains post# 63207

Wednesday, 07/17/2019 1:13:07 PM

Wednesday, July 17, 2019 1:13:07 PM

Post# of 113355
Could be right on WSTG. Although even if they pay out the $100K over 6 months, I'm guessing they'll still take the charge all at once in Q2.

I've also been accumulating WSTG into the Q2 report in about 3 weeks. Should be a favorable bottom line comp at least. Revenue growth may be less exciting, and that's all this market seems to care about. So maybe WSTG will continue to languish. Eventually I think it will wake up. This is a Nasdaq tech company cranking out .30+ quarters. They've got an excellent balance sheet with tangible book value over $9, including $3.19/share in cash. WSTG should be trading at $15-$20 imo with those numbers in a market at record highs. Not $11. In the meantime, at least we get paid a healthy 6% dividend yield while we wait.

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