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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
Comment by Braincells13on Feb 18, 2010 7:05pm
533 Views
Post# 16797854

RE: Picked up some shares today

RE: Picked up some shares today"Why have the shares been dropping  lately,"

In my opinion, this drop was due to a drop in the TSX-V and a decrease in volume.  I totally agree with that that technical analysis is showing that we might have a run back to $2+ and I won't be surprised if it goes to $2.50 within a month.
I think PNP is going to release their F/S on March 1 which might increase both volume and share price.  I'm expecting the book value to be somewhere around $2.80-$2.90 (my guess is $2.87). What is your prediction guys ?

Do you own DD :D
Bullboard Posts