Pivot Technology Solutions Inc. T.PTG

What's up with the move so far today?

[PatiencePays123]

Decent volume as well.

[hindsight20/20]

Good buying opportunity

[PatiencePays123]

agreed

[risky]

There's a 99% likelihood that the sellers today are the same ones who called for a 3.50 price...lol..they walked it up slow, then pumped out the news and sold into it. Classic pump and dump by the obvious pros...thanks capt'n obvious...but no one cares. See you at $3.50 ..

[PatiencePays123]

In fairness the stock has been overbought and needed a correction. But Friday was an aggressive correction in that lol, but the uptrend is intact and stock still cheap, so onwards and upwards!!

[oexel]

How long before some a$$hole posts "sell now, going to 0, blah blah blah"

[Sunnyboy]

Echelon (NCIB) was supporting the price all the way back up to $1.78 so PTG must consider the stock still way undervalued. Also I can only believe that the next financial report must be good and supporting today’s levels and higher otherwise they would not be buying back shares at these levels. Not sure why anyone at Fidelity would decide to sell about 12500 shares 5 minutes before closing with

[PatiencePays123]

The trading looks like someone wants to keep the price artificially down...not sure why...

[oexel]

Strangely, if you look at the period when the NCIB was active, the price action was just sideways.  Then a sudden spike after the NCIB had stopped.  Sudden spikes always correct though.

[Misbrandt]

whenever management tried to take the company private they were willing to out up .70 cents a share. That was pre rollback (1 to 4? I was out of the company at that time) so at that point they valued it around today's equivalent 2.80 (or at least valued taking it private at that price).

[PatiencePays123]

Good point. And today the company is much better integrated, run and lean. So essentially we should be trading at $2.80 or higher today.