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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 agent81on Jun 09, 2011 4:08pm
644 Views
Post# 18695515

GS selling

GS sellingAnyone else notice  what seems to be a lot of Goldman (short??) selling today? Don't recall seeing them buying or selling pnp in the past so why it stood out. Could be wrong....any comments?

Trying to figure out if we should be buying more here or selling. I originally thought that if we broke April lows ($2.60s) that it would drift to test March lows (opened at $2.40 day of Japan crisis). Also thought that if we broke that it could drift lower down to Nov. lows of $2.18 though seems to have bounced off  $2.30 and holding there.

Obviously most of us think this is good play long term, but does anyone have any opinions on shorter term direction? Another repeat of last year??
Bullboard Posts