Couple of reasons
1. Based on revenue and earning, current price is good price. Under/ fair value . Buy/ hold
2. Based on revenue growth from core business, fair value should be around 20 million. Now only 14 million. BUY!
3. potential $200+ million deal and additional $300-400 million could follow. Great risk/reward ratio.
BUY !BUY !BUY!
4. previously stock traded around $.04 because of the pending news. ( almost 100% higher than current price), the chance it will be back to $.04 right before the news or in another word within 6-8 weeks is very high.
Bottom-line, buy AMMX now around $0.02 and sell $0.03-0.04 in 6-8 weeks. That is 50-100% profits in one or two months.
Opportunity knocking the door, open the door!
Yeah, you are right. WYY up almost 10%! So excited. Can't think anything better to do rather than enjoying it . Why you are here? Something bothers you to enjoy the football season?
Observation; WYY goes high with big volume /low with small volume. Same pattern from last year ( PPS from $0.30s-$1.5).
someone with power need enough shares before to let stock go high. To achiev this , either first push stock down or consolidate ( up and down so-called shaking the tree) period of time )The lower the price or the longer the consolidation, the higher the price will go.
Tuning the engine;
"I don't want to jinx us because things are going well for us right now. We're making a lot of good decisions. If things continue, right now we're tuning the engine. Think of it that way, we're tuning the engine on wide point and when all the cylinders really come into focus and really are running on all eights, it's going to be a beautiful thing."
Regarding about remaining shelf ,
"If and when we pulled down the $12.5 million left on the shelf, it will be because of that guiding principle that we have something that we can make money as shareholders for collectively that will be a good news event, not a bad news event. To date, historically we've never raised money ever, just to augment either our livings, our salaries or our expenses, but to invest in this company and make a return for all investors one and all the like."
From cc trancript , more than three OEMs
"Well obviously that would depend on the OEM and as we’ve indicated we’re very actively engaged with three at least. We need to be a little cautious about being any more specific than that but it would be fairly obvious to say that at least one of those is a very strong market leader and that when we’re talking about in terms of market opportunity, if in fact we become an embedded part of their security solution, we’re taking minimally some pretty massive opportunity in terms of devices that would be sold to not only government agencies and employees but all related individuals either in an enterprise or anywhere else that have access issues associated with their intellectual property and/or their own personal security on those smartphones or tablets."
Yeah, what is th point for running three business , two for more than twenty years with investment return almost 3000%
Still need to work on amateur message board ?
Couple of thoughts;
If you buy stock is buy the future, based on today's updated information and recently stock performance, any reason not to buy?
Company future is bright, so-called analyst called stock to further slump, there are more than three million short shares need to be covered, some new IDs (with knowledge to call exactly net loss 0.66 million one day before earning report) showed up to bash the stock...
Search " understanding the profit metrics.."
The bottom line
While it’s tempting to look at the bottom line of an income statement to size up a company, investors should be mindful of this figure’s shortcomings. Because gross profit and operating profit focus on the company’s core activities, these numbers are often the best barometer for determining an organization's future course.
Good point. Forgot the dilution. So current price equal to $1.65-1.7 ( before dilution )?
Too bad Zacks power is too week. I have several buy orders try to catch golden knife, none filled.
July 15 short position no change. Let's wait for next report number. Trading pattern like today ( net money flow + 60K), no stock movement . To "disappear" three million short shares, will push PPS significantly higher .
WYY stock price zero change. After 8 1/2 months, $1.5 to $1.5
WYY as company, so many good things; locked hundred million deals, contracts, award, national, international, new partners
All above reflect to market capital = ZERO
And so-called analyst warning investors stock price could further go down and it is confirmed by it's rank # 4 ( sell) rating.
who should be worry; investors or someone with 3 million short position?
when WYY stock up, Zacks claimed overbought and price " falls back to earth" simply based on RSI 71.6!!!!!!
Every mins How many stocks with RSI 72?
Now WYY stock faced pressure so it is not over sold but will slump further beasue ZACKs rank is #4 sell which confirm it!!!
Wait , last time rank #5 ( strong sell) actually WYY is overbought and keeps going higher.
What a mess!
WAVX just reported earning and CEO talked about WAVX/WYY
"We have a partnership with them that would allow them to use our TPM management software to provision those certificates on the TPM chips within government computers. I think it's a very - it's a win-win match for both WidePoint and for Wave. And we certainly are driving very hard to increase the revenues - increase the sales that we're winning together."
last sentence "sales that we are winning ..."
So far so good. Couple of days already 7-8 percent potential profits. Normally I will start to take the profits from here but not this time.
Market down, WYY up three days in a row?
This is just warm up, could be the beginning of the big wave .
50 MA is around $1.61, next MACD golden across, maybe 52 week new high. Enough consolidation, should be fun time
WYY $1.5, WAVX $1.36, AMMX $0.03, MCIG $0.45, ONCS $0.44 and MSTX $0.56
Let's see the price action in next 4 months. Bought/ added above stocks last Thur/Fri.
WYY no.1 holding. bought back all trading shares
Not rich person, can't buy expensive stock higher than $3. LOL
Funny thing is that just like you, I never touched OTC stock before until early this year someone mentioned AMMX right here WYY board. That time WYY was around $1.5 and AMMX at 0.0045, i like the story, so with couple of million shares and continue trading....
Now i trade a lot BB stocks, mcig, grcu, axcg ...Sometimes open mind will not only bring nice return but a lot of fun and excitement
Still not convinced? Probably this stock is good for you
VIPS, who said stocks never go up straightly ?! I notice this stock this morning and I am not brave enough to catch it up, not my style. Anyone here interested in the biggest to be IPO BABA? Doing some DD here on DANG, hope it back to $12s
"better opportunity "
Nothing for sure in stock market, so there are only good opportunities . WYY is good stock since it "for sure" will mak money sooner or later. Talking about risk reward ratio, how about a profitable company with market Cap only 20 million , revenue growth rte about 250% with it core business.
AMMX. Now, game change bonues, everyone follow this company is waiting for the 300 million deal and the better part is if this deal can be done , more deals will follow like the 80 million MOA company announced recently.
Do you own DD. Ihub board is where to start if you are interested.
Finally back to WYY, it could be better stock if you traded it last six months, buy $1.3-1.5, sell $1.5s-1.8. 5-15% return 3-5 times in six months. Do the math. Did I say yesterday I like $1.4s? Looking forward double digits profits soon.