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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 Mephistopheles3on Jan 10, 2023 4:13pm
196 Views
Post# 35214281

RE:RE:RE:RE:Should be over $5 by EOD today

RE:RE:RE:RE:Should be over $5 by EOD todayFinally hit the magical $5 mark today.  I would be cautious about trying to day trade too much here as it might break out and you might lose out. 

Uncertain how much impact tax loss selling had - especially with small caps where it's more prevalent.  2023 so far has been pretty strong and CTS did break through resistance to get to $5, especially since volume wasn't huge today.  

There is also the potential for announcement coming anytime now and so by trying to make a swing play for 5%, you might end up losing out on the 40-80% premium.
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