RE:RE:RE:RE:RE:RE:RE:RE:McWhirter prefers Converge to PTGVery astute, the stock price may go up, or it may go down. Indeed. So, can you tell me why this stock continues to go down is spite of the consistent stock buy backs, paying down of debt, insane dividend yield, making over $1.2B a year, it is on the TSX so should have exposure, has one analyst with a stock price target double the current price?
Anyway, my bashing, if you wish to call it that, was to counterpoint the latest Echolon Partners analysis...well, with their own analysis actually to show how...to be polite, unreliable that organisation is in regards to its PTG foresite. They are, to be polite again...complete trash. So I will concede this as my bash...and it is not of Pivot, it is of Echolon Partners.
I would love for someone to have legitimate discussion on this company and it's prospects, and why it's revenues continue to flounder, or why it's revenues may improve this year, next etc.
But pointing to the only PTG analyst (who is useless) is not discussion on the strength of PTG.
The only really interesting thing going on is Smart Edge, for which they have estimated $500K in revenue for 2019. That does not mean more revenue won't come in as it rolls out with new sales partners, but no one knows how big it will or won't be.
Edge Computing and all the surrounded services is projected to be a big market. But PTG is also not a big player in this area when it has to go up against the likes of Cisco, Oracle, Amazon, and many others.
narmac wrote: hummm,,,,,,not much difference between blind pumping or blind bashing now is there!