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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Comment by CorruptedLushDron Nov 10, 2022 1:06pm
173 Views
Post# 35088991

RE:RE:Wow adding more to my retirement fund....

RE:RE:Wow adding more to my retirement fund....I echo those sentiments on waiting until this settles out (although I added some yesterday at $4.27 and will look to increase my overall position incrementally by approximately 40% when the opportunites arise over the next little while), but this is sort of an odd day. 

In general its a very good day for the ol' portfolio, but of the three stocks I own that are down today, all of them are taking a sh$t-kicking.  CTS is running completely contrary to the other tech stocks I own.

Shenanigans indeed.

GLTA

retiredcf wrote: This will likely be my last personal comment on CTS until the new year although I will continue to post NRs and reports. As many of us would agree, the current SP is a huge overreaction to results that weren't too bad. Sector weakness has certainly been a factor.

But for the price to be down again today despite both the TSX and more important, the NASDAQ being up over 600 points makes no sense. Likely a combination of tax loss selling and/or the stock "being played". But as a long term investor (while not adding more until the knife finally hits the floor and convincingly reverses the trend), I'm not going anywhere and fully expect we will be in much better shape this time next year.  GLTA


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