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Re: 2morrowsGains post# 81223

Tuesday, 12/15/2020 8:23:15 PM

Tuesday, December 15, 2020 8:23:15 PM

Post# of 129715
WSTG starting to look attractive again below $18. Anything of note from their presentation at LD Micro yesterday?

Tax loss selling and/or a small market correction could knock WSTG down a few more bucks. So just on my watchlist for now. They earned an adjusted .19/share in Q3 vs. .32/share last year. Margins have disappointed the past 2 quarters...would like to see those start ticking higher. After paying $17M for that new acquisition last month, their cash position will drop to around $5.50/share. The acquisition will probably take a little time to digest, and they've got a tough Q4 earnings comp coming up. I don't see any near-term catalysts on the horizon?

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