I almost posted on WSCI again for the first time in a while before the monster move, but didn't bother as I have beeen saying this is the most undervalued stock (on big boards) for a year. Its ming boggling this stock hasn't garnered attention from a so called "value" Microcap Board.
WSCI is the next RICK IMO.. I see $20 this year. I project WSCI will have earnings of $.20 per quarter going forward. This is based on simple math:
-WSCI IS PROJECTING $10 - $11 MM ENERGY SECTOR SALES FOR 2008. SUBTRACTING THE $1.4 MM ENERGY SECTOR SALES FOR Q1, SIMPLE MATH INDICATES THAT ENERGY SECTOR SALES WILL BE $8.6 MM - $9.6 MM FOR REST OF 2008, OR AROUND $3 MM PER QUARTER. THIS IS MORE THAN DOUBLE THE $1.4 MM ENERGY SECTOR SALES OF Q1.
ASSUMING 20% MARGINS, THE INCREMENTAL ENERGY SALES WILL PROVIDE INCREMENTAL $.10 EPS PER QUARTER, RESULTING IN PROKECTED $.22 PER QUARTER !!
Apply the 25 PE for sector and WSCI can be a $20 stock.