Converge Technology Solutions Corp T.CTS

Not good

[RusticHit]

markets recovering nicley but she is in red green zone not good after falling 35% ,market changes so fast with buy to sell on any stock if  breaks some supports ,could see 8.50 on next market dive

[RusticHit]

What is the reason for weakness today with Big green on tech stocks ?? Why Big Buyers of 10.55 financing not buying more    wise Ppl 

[Bookworm28]

Maybe the Big Buyers are buying at these prices. Someone is. Not sure why the price is doggin' it. You figure they were simply overpriced?

[Bookworm28]

Wow, you might be onto something. I can't believe the Big Players would be that bad at math. What the heck are we doing trading at $9.33 a share? No respect.

[woody999]

Couldn't possibly be a P/E of 250:1 naaaaahhhhhh

[Bookworm28]

I like your sense of humour. It's a tech growth company. There's a ton of tech cos with much higher multiples, especially when they're in the midst of acquisitions and growing their sales. The two just don't happen magically. Q1 ni was $3.7MM and Q2 was $1MM. It's not that far of a stretch to see them moving those numbers higher, as efficiences/leverage/acquisitions continue

[RusticHit]

Forward PE is only 17  now  but today action is sickning 

[woody999]

17 ....?   Are you in dreamland ?? try 170 if everything goes its way (unlikely)

[RusticHit]

Market Cap (intraday) 5 2.04B Enterprise Value 3 1.75B Trailing P/E 218.18 Forward P/E 1 17.62 PEG Ratio (5 yr expected) 1 N/A Price/Sales (ttm) 1.80 Price/Book (mrq) 4.96 Enterprise Value/Revenue 3 1.54

[woody999]

Looks like some serious fake news .. Who wrote that estimate?

[RusticHit]

Was todays lows bottom or more pain ahead never seen garbage like this financing at 10.55 and today 8.55 , 12-13 looks very hard to reach again this year

[newcoin]

Disagree. I'm looking forward to $13 - $14 this year. $15 by end of February. No one knows the future.

[Bookworm28]

Given what we've seen in the last 2 weeks, nothing would surprise me at this point. Well, drifting lower than today's lows would be bizarre IMO.

[RusticHit]

Doing  good today From yestedays bounce conitnue Upward <><><><><><><>

[Bookworm28]

Now we're down? Everything else is up. Is someone shorting CTS? This is unbelievable. Even my speculative stocks that have been dogging it are up today. What gives? Sorry Woody, still got you on ignore.

[newcoin]

If you're a long term holder you shouldn't watch it every hour or even every day. Just let it be. Great future.

[Bookworm28]

Passive investing isn't working out that well this morning. I'm down another 7K this morning on CTS, while all of my other holdings are in the green this morning. It's getting kinda hard to keep the faith. Reminds me of those tacky commercials where they say 'don't worry, you're in it for the long term'. This is pathetic IMO. Where did all the institutional support go?

[1994vsha]

This stock was 2 bucks less than a year ago. You need to put that into perspective...nothing goes straight up. If you bought this as an investment....relax. if you bought this as a short term trade....your timing sucks :)

[Ackilles]

You seem to be working your way through the emotional stages of investing. When you hit the depression stage let me know so I can go all in.

[woody999]

I knew you would eventually see it my way

[Bookworm28]

I'm crying uncle Ackilles. Way past the depression stage. Went all-in, which was not prudent. So ya, if you're ready, go all-in. Fill your boots. GLTA.

[Ackilles]

LoL. Don't worry buddy. I've lost a bunch too from the highs but I'm invested in CTS for the long-term or until I see a fundamental reason to sell.

[RusticHit]

No insiders buying yet even she was down to 8.50 what they are waiting for from 13 to 8...sss???