WidePoint Corporation (WYY) Social Stream
Featured Post From StockTwits About WYY
$WYY Plenty of frustration after yesterday, some of which is deserved. Mostly, IMO it is because they refuse to acknowledge the stock price. That is part of their job and they fail in that regard. I also think they need to reinstate the share buyback program. Why not buy your company that you believe is at a discount? Unless they don't think it is undervalued.slowdiver67, published August 17, 2021
With that being said, they are investing into the business. We already knew that. And had they booked that 1.3 mil. in Q2 rather than Q3 (it is not like they didn't book it altogether) they likely make 4 cents/share, all while putting money back into the business.
They had an uphill battle explaining the loss of mostly no margin carrier services cencus revenue this year to investors. This wasn't going to be a flashy year as far as revenue goes, but they seem to be shifting focus to high margin opportunities. That keeps the business going.
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