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Pinetree Capital Ltd T.PNP.DB


Primary Symbol: T.PNP Alternate Symbol(s):  PNPFF

Pinetree Capital Ltd. is a value-oriented investment and merchant banking company focused on the technology sector. The Company's objective is to maximize shareholder value. It invests primarily in equity, as well as debt and convertible securities. The Company holds approximately 8-12 investments, resulting in equity positions between 7% and 12% of assets (though its positions may at times reach or exceed 20%). Its subsidiaries include Pinetree Capital Investment Corp. (PCIC) and Emerald Capital Corp., and Pinetree Income Partnership (PIP).


TSX:PNP - Post by User

Bullboard Posts
Post by HiFinanceon Dec 24, 2009 10:57am
567 Views
Post# 16617335

ticking up...

ticking up...I will not be surprised if PNP closes today above $2.20...and to reach $2.30+ by Jan 6th. From a technical perspective PNP is tracking up again. $2.30 was a recent resistance level however with a number of organization closing the books on 2009 shortly, PNP's active acquisition this past 3-4 months should have positive impact on overall SP.

Happy Holidays!
HF
Bullboard Posts