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Portfolio manager delivering alpha principally through the discovery of under-the-radar small cap names with compelling stories misunderstood/underappreciated by the market.
  • WPCS UPDATE: Buyout Announcement Imminent? 11 comments
    Dec 13, 2013 9:43 AM | about stocks: WPCS

    On Wednesday evening, WPCS announced that it would release Q2 financial results on Monday, December 16, and hold its customary conference call to discuss the results. However, last night and without explanation, the company announced it will still issue its earnings report but will postpone its teleconference. Why is this so significant? Postponing a conference call to a date uncertain, just a day after announcing it and without explanation, is HIGHLY unusual, and strongly indicative that some kind of deal is being worked out. This is especially true with respect to WPCS given the multiple reasons I cited in my previous report, including recent management commentary and investor Barry Honig's involvement. I believe we can expect news regarding a strategic transaction/"shareholder value proposition" at any moment, perhaps as soon as this weekend. Where there's smoke there's fire...

    For a detailed report explaining the likelihood of a WPCS buyout, please access my report here.

    Disclosure: I am long WPCS.

    Stocks: WPCS
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Comments (11)
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  • GVT
    , contributor
    Comments (22) | Send Message
     
    HI

     

    Where did you find information about Honig's Marlin Capital 9.9% stake in WPCS ?

     

    Also, how did you know about conference being postponed?

     

    Thanks!
    13 Dec 2013, 01:28 PM Reply Like
  • soishe
    , contributor
    Comments (2) | Send Message
     
    The easiest way to know is go to Twitter and search $wpcs
    http://bit.ly/19O5joE
    People post news on twitter
    16 Dec 2013, 04:26 PM Reply Like
  • ilanfl
    , contributor
    Comments (113) | Send Message
     
    What do you think it means that nothing was announced at the 2Q results?

     

    Does it change anything about the buyout theory?
    16 Dec 2013, 10:27 AM Reply Like
  • soishe
    , contributor
    Comments (2) | Send Message
     
    http://bit.ly/19O5joE
    16 Dec 2013, 04:26 PM Reply Like
  • GVT
    , contributor
    Comments (22) | Send Message
     
    Any update on the buyout news?
    17 Dec 2013, 09:30 AM Reply Like
  • Small-Cap Momentum Advisors
    , contributor
    Comments (2) | Send Message
     
    Author’s reply » Bitcoin platform acquisition just announced..exploding higher after hours...
    17 Dec 2013, 05:58 PM Reply Like
  • teraphim
    , contributor
    Comments (18) | Send Message
     
    thanks for the call !
    17 Dec 2013, 06:03 PM Reply Like
  • ilanfl
    , contributor
    Comments (113) | Send Message
     
    Yup, first, thanks for the call. I will personally make a very nice sum of money out of it.

     

    Second, WTF just happened here??
    17 Dec 2013, 06:12 PM Reply Like
  • ilanfl
    , contributor
    Comments (113) | Send Message
     
    http://bit.ly/JyF7aY
    17 Dec 2013, 07:18 PM Reply Like
  • Jon.
    , contributor
    Comments (3) | Send Message
     
    hahaha.

     

    BTXtrader looks and behaves like a traditional stock trading platform. Boasting hundreds of established users with real money accounts.

     

    Hundreds of users!!!
    18 Dec 2013, 09:10 AM Reply Like
  • MagicQuote2014
    , contributor
    Comments (76) | Send Message
     
    Two technical tape observations as of 12-18- time 11:07 EST real time
    from , planet Earth, about 25,000 light years from the
    center of our galaxy, the Milky Way. Keep your compass handy and don't get lost fellows... navigate
    1. absolute ATR, both slope and ATR turned >0 from <0 at 10:57
    2. EMV from -7.5 to +12 last 37 minute wave fluctuation.
    (The first in this session going back to yesterday at 2 pm.)
    Operational thesis: the first round today goes to longs
    19 Dec 2013, 11:42 AM Reply Like
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