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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Technology Information Technology Services
Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Converge Technology Solutions Corp > Trading Summary Info
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Comment by Bookworm28on Oct 12, 2021 11:37am
182 Views
Post# 33997353

RE:Trading Summary Info

RE:Trading Summary Info
Bookworm28 wrote: Anyone have the trading summary info for the past week? From what I can see, it looks like ITG is selling into every upward tick.


Confirmed - ITG has unloaded 1.5mm shares since Oct 1, second only to Scotia iTrade at 1.7mm.

Scotia iTrade has been participating in the last two financings, so probably some $7.50 shares being sold. ITG is probably doing the same, or, shorting the stock if they don't own shares.

 No material news to explain the drop, so profit taking appears to be a reasonable hypothesis.
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