Added to YB: 2025-07-29
Pitch date: 2025-07-26
DTST [neutral]
Data Storage Corporation
-28.24%
current return
Author Info
No bio for this author
Company Info
Data Storage Corporation provides cloud-based voice over internet services, data transport, internet access, and SD-WAN solutions in the United States and internationally.
Market Cap
$7.3M
Pitch Price
$4.71
Price Target
7.00 (+107%)
Dividend
N/A
EV/EBITDA
0.62
P/E
-19.60
EV/Sales
-1.83
Sector
IT Services
Category
special_situation
Microcap doing an 85% (yes not a typo) buyback via tender trading below cash - Data Storage Corporation
DTST (holding update): Selling CloudFirst unit for $40M cash, plans to use 85% of cash for tender at ~$5.02 for 85% of shares. Post-tender stub ($7/share) includes $5.4M cash, $1M escrow, $1.1M VoIP business. Buying at $4.68 = 13.7% return. Insiders own 43%, tendering pro-rata. Management has options for remaining cash including acquisitions in AI SaaS/cybersecurity.
Read full article (3 min)