Replies to post #81256 on Savvy Trades and Investments

[2morrowsGains]

WSTG...News out this morning regarding Wayside's TechXtend division...Wayside inked a deal with Resiliency Technologies, Inc. (Sharpen).
I checked out Resiliency (Sharpen) and they seem to be quite small. But knowing Wayside, they must have good potential.
(hweb, I've been rebuilding my position in the $18's...What are you're thoughts these days?)

Resiliency Technologies, Inc. (Sharpen)
https://www.dnb.com/business-directory/company-profiles.resiliency_technologies_inc.bd026d55e6495fb23fc758a1c1e1560c.html

Today's WSTG news...

Resiliency Technologies & TechXtend Announce National Partnership

January 12 2021 - 07:00AM
GlobeNewswire Inc.

TechXtend, Inc., A subsidiary of Wayside Technology Group (NASDAQ: WSTG), a leading education solutions provider that focuses on a core portfolio of impact technologies in the areas of assistive technology, social & emotional; learning, school safety, STEM and other educational hardware and software products, announced today their partnership with Resiliency Technologies, Inc. Under this agreement, TechXtend has been named the exclusive North American Distributor for their Sharpen Up Schools Solution.
Resiliency Technologies, Inc. improves behavioral health outcomes for communities through its comprehensive service called Sharpen. Sharpen was developed after 15 years working in community health to connect trauma-informed, evidence-based resiliency and prevention models to more schools.

“I’m excited to announce this partnership with Resiliency Technologies,” said Kevin Askew, Vice President and General Manager of TechXtend. “This partnership gives us the opportunity to execute on a strategy of opening up channels to market for their Sharpen Up Schools Mental Health portfolio in North America. I sincerely thank Robyn, Tim and the entire team for their confidence in TechXtend as we embark on this journey to positively impact the lives of school staff, students and their families.”

“We are grateful to Kevin and the entire team at TechXtend for this partnership and for their commitment and passion toward connecting our gold-standard technology to more communities,” said Robyn Hussa Farrell, CEO of Resiliency Technologies. “The firm’s legacy of excellence in customer service is directly in line with our values and we know it makes all of the difference in improving confidence and safety in managing mental health challenges that all school districts are facing. Kevin and his team are top notch.”

About TechXtend
TechXtend is a leading IT solutions provider. Our education division is focused on technology that empowers, impacts and protects. Our core portfolio is built on a range of impact technologies that make a difference in people’s lives. Our solutions address and help solve issues in the areas of Safety & Security, Social & Emotional Learning, Mental Health, Curriculum Development, Assistive Technology and STEM. TechXtend is a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG). For additional information, visit http://www.techxtend.com, or call +1.800.599.4388, or +1.732.389.8950. In Canada, call +1.888.423.2700. Follow us on Twitter (@TechXtendEDU), Facebook and LinkedIn.

About Sharpen
Sharpen is a cloud-based, HIPAA and FERPA compliant platform that improves behavioral health outcomes for communities using evidence-based practices. Our company has collaborated with over 200 researchers and clinical experts to create our one-stop mental health resource.

The Sharpen system enables communities to deploy affordable, branded mobile applications that include a trusted library of social-emotional and mental health content. Sharpen apps are easily branded by zip code or region and our extensive and growing content library is both wide and deep. The flexible service includes a number of social communication features that can be turned on in the application and are designed to support and engage the user community. These private social communication tools are moderated by brand administrators or community partners.

[2morrowsGains]

WSTG...Climb Channel Solutions Partners with ChannelOnline to Streamline Business Processes

January 19 2021 - 07:00AM

Climb Channel Solutions (Nasdaq: WSTG), an international specialty technology distributor, announces availability via the ChannelOnline platform.
Climb's portfolio of emerging and disruptive technologies will now be available to reseller partners through the widely used channel sales tool, ChannelOnline.

ChannelOnline is a web-based application that provides an all-in-one solution for the business sales cycle. ChannelOnline has been in business since 2001 and has been the go-to platform for thousands of VARs and MSPs. Over 3,500 resellers and solution providers in the United States and Canada take advantage of the over 1 million IT consumer electronic and office products that are found on ChannelOnline. ChannelOnline is a product of CNET Content Solutions, which is a subsidiary of CBS Interactive.

"We are excited to offer our vendors' technologies to reseller partners via ChannelOnline. Many of our partners use this tool to streamline business processes. Through ChannelOnline we will be able to work closer with our partners and our emerging technologies to provide a better experience for customers," says Climb's Chief Marketing Officer, Charles Bass.

About Climb Channel Solutions

Climb Channel Solutions, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is an international specialty technology distributor focused on emerging technologies. Climb provides partners with access to Security, Data Management, Virtualization and Cloud, Storage and Hyperconverged Infrastructure, Connectivity, Software and Application Lifecycle, and other technically sophisticated products. The company helps vendors recruit and build multinational solution provider networks, power their networks, and drive incremental sales revenues that complement existing sales channels. Climb services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream while building profitable businesses.

[2morrowsGains]

WSTG...Current dividend yield = 3.75%...Been adding a lot of shares in the loooooow $18's all of last week. Have increased my position by approx 150% since the beginning of the year. $18 has been support since last May, so was thinking it's a good place to start building my position back up.
Forward growth, cash, cash flow, market cap, dividend, LOW float, share buyback, along w/ $0 debt, all look good for a strong long term investment at $18 (and/or lower, if the share price dips).
Here are Dale Foster's remarks from Q3 2020's cc, after the Q&A wrapped up. Just sums up Wayside (IMO) and why I'm comfortable holding here...

- We have a strong Board of Directors. Very supportive of what we are going to do in the future. A lot of input as we have a lot of people on our board that's from the industry. One of the things I want to make a shout out to...The TEAM. You know, two acquisitions and a lot of (you know) with the accounts and lawyers. To Mike and his team...Congrats!!
A lot of work has been done. We still have a lot of work to do.
I can tell you, our focus has been on growth in the company. I think we have proved that in the direction we are going.

BTW hweb, Q4 is suppose to be a pretty strong Q. So although covid probably had an impact on earnings, hopefully numbers are decent w/ good forward outlook.

[2morrowsGains]

WSTG...Earnings in the morning. Plenty of shares available in the $18's during the month of January. I took advantage of it and built up another good position, so let's see how it plays out. I think (hope) we'll get a decent report and good guidance, especially when factoring in the acquisitions.
Only approx 7500 shares traded today, so it looks like a lot of people are holding... :]