WYY Widepoint Corp

$WYY Litchfield Hills Research has published an updated report on WidePoint titled Once in a Corporate Lifetime Buying Opportunity. The report is available on our website under Current Research.

$WYY 3 more weeks until October 7 👀🚀 Let’s see what happens. Things could get very interesting from here! 🔥

$WYY If Wakeman at Washington Technology is correct and the GAO rejected a conflict of interest claim, that should be good news for Widepoint. Also, if it is accurate that the primary claim is the evaluation did not track with the solicitation requirements, worst case should mean a recompete of the solicitation with closer attention paid to process. It would also seem to indicate the DHS prefers Widepoint and in the end, they are the customer. This delay is serious and worrisome but barring a surprise in the full text of the decision, Widepoint still has the inside track.

$WYY In principle, this is positive news, as the company itself issued clarifications and—as it turned out—requested that the exchange suspend trading. This is undoubtedly a positive development, given that the next steps are currently being evaluated: most likely, the contract terms will be adjusted, and a portion of the tender will be awarded to the company that raised the objection, or some other solution will be found. However, the very fact that the company issued a press release is an unequivocally positive signal. And trading is unlikely to resume today.

$WYY Well paint me green and call me Gumby. Open at $10+ will not be my luck but it is my wish.

$WYY TenFolds, please do the math more carefully -- DHS-guided development of an ITMS-based global communications network encompassing terrestrial & space-based systems hinged firmly to proprietary first-responder protocols (protection extending until 2030-9-29, a wonderful 4 years from today), with worlds-best state-of-the-art cybersecurity systems embedded in each device upon which first-responders rely, PLUS same such ”Mobile Anchors” deployed in every gov’t contractor conducting business in support of a global network of bases; the math points to millions of high-margin DasS, SaaS & countless other widgets incorporated in the network. $30, yes; many multiples of $30, quite conceivable

$WYY meager shares volume moving so far today, may Jin throw some bananas to that monkey on his back…

$WYY Starting another position. The risk/reward is too good to pass up at this 5-6 range. I see it as either lose 50% or gain 100%.

$WYY this company is own by a Chinese national. It could be a reason for scrutiny. Its our national security issue guys lets sink this stock to ground

$WYY This is not the first time trading has been suspended. Such pauses occur not because of news, but due to a sudden surge in the volume of buy or sell orders. In this instance, a large block of shares likely entered the market for sale; the market maker is required to halt trading to curb panic and prevent a price collapse, thereby allowing the transaction to be executed at a relatively more favorable price.

$WYY It goes back to the awarding agency for review. The awarding agency reconsiders but has the power to consider all aspects of an award including those not reviewed by the GAO including switching costs, customizations, national security (e.g., offshoring of IT), etc. It is very rare that the GAO would actually overturn the agency's decision.It will, however, take a bit longer.

$WYY what doesn’t sit right with me is Turning Point gaining FedRAMP a day before the CWMS submission was due. Halved my position wrongly or rightly but too much risk here short term for me. Frustrating!

$WYY litchfield reiterates its $30 price target, confirming protest issue is a relative non-issue other than delayed resolution

$WYY DHS has no interest in working with multiple vendors on this. I’m sure Turning Point submitted the lower bid but lacked WYY experience. The margins are already low, now factor in inflation, then all the man hours to change each device. Something smells with TP.

$WYY got some shares at $4.60. Way oversold, positive financials in the last quarter and it keeps improving.

$WYY If I had some spare cash, I’d buy a little—just out of curiosity. In any case, good luck to everyone ✊

$WYY task orders still coming in under CWMS 2.5. One pretty substantial one as well. Hopefully a sign of things to come 🤞

$WYY i agree, many multiples are possible, as i wouldn't invest unless 10x were a reasonably possible 5 yr outcome.

$WYY It seems that the equity trading markets are just dominated by momentum trading, algorithmic trading and momentum algorithmic trading. How does WYY trade at $4.35 on Friday and close today up 69% at $7.35 two days later. Not exactly insightful commenting just a bit of frustration popping up.

$WYY I told u newbies claiming they shorted this with make believe accounts have no clue what was gonna happen.... I hope u make money I gave it 🥇🥇🥇🥇