WPCS - interesting news on this one today. Ex interim-CEO of SPEX has joined WPCS board. Despite the red finish, the volume shows some excitement that WPCS could end up on the same path to stardom that SPEX had under Harvey Kesner's watch.
Now, WPCS reports earnings on monday which likely won't be anything to write home about, but i'm more interested in the forward look towards some sort of corporate action ala SPEX.
SPEX spun off legacy biz in order to leave SPEX entirely uncomplicated - a shell with lots of potential. Were WPCS to do something similar with their legacy biz, then that would be a great sign of where WPCS is headed beyond that.
Quite a bit of potential here i think.
Solid DD combined with timeliness and conviction is a recipe for profits.
