Replies to post #63207 on Savvy Trades and Investments

[hweb2]

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.

[hweb2]

WSTG comes through with a terrific quarter. Q2 earnings of .41/share a big increase vs. last year. Revenues up 15%. And without that separation expense, Q2 earnings were .43/share! Have no idea why this Nasdaq tech stock is in the $11's. With such a desirable combo of earnings, growth, a strong balance sheet with lots of cash, and a healthy dividend yield...should be trading closer to $20.

https://finance.yahoo.com/news/wayside-technology-group-inc-reports-210000488.html