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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 retiredcfon Nov 23, 2022 10:08am
202 Views
Post# 35121519

RE:CTS has multiple offers

RE:CTS has multiple offersNo point staying quiet after this development. First of all, it has to make you wonder whether any of these "potential buyers" were responsible for using Market Makers to drive down the SP.

Second, the other day just before the market opened, the size of the Asks was more than 10x the size of the Bids which would initially give the impression that funds were exiting their positions. Naturally, the huge Ask disappeared just as quickly and CTS ended up for the day. Just another reason why you have to shut out the noise and stick to the fundamentals. GLTA
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