WidePoint Corp (WYY)

[Twocan]

Sounds like Nokomis had to rebalance their portfolio


Here’s why I think WYY dipped. Silly portfolio rebalancing


Hard to believe but Nokomis INCREASED Widepoint's percentage of its current portfolio.

Even though it reduced Widepoint's shares by 19%, Noko's spreadsheet reveals a percentage increase of Widepoint as a percentage of its portfolio. From 2.25% to 2.53%.

Why?

Nokomis went GaaGaa over Sequans Communications (SQNS).

Nokomis bought up 41% of SQNS. This one company now represents 24.33% of their portfolio.
Many equities in the portfolio were cut or sold off causing significant re-weighting throughout.

The 19% Noko sell-off had everything to do with their infatuation with SQNS. And nothing to do with any dissatisfaction with Widepoint
.
Sequans Communications (SQNS)
24.33% (% of current portfolio)
4.69% (previous % of portfolio)

Widepoint
2.53% (% of portfolio)
2.25% (previous % of portfolio)