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Bullboard - Stock Discussion Forum 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... see more

TSX:CTS - Post Discussion

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Post by RusticHit on Oct 05, 2021 10:06am

Not good

markets recovering nicley but she is in red green zone not good after falling 35% ,market changes so fast with buy to sell on any stock if  breaks some supports ,could see 8.50 on next market dive
Comment by RusticHit on Oct 05, 2021 11:29am
What is the reason for weakness today with Big green on tech stocks ?? Why Big Buyers of 10.55 financing not buying more    wise Ppl 
Comment by Bookworm28 on Oct 05, 2021 11:59am
Maybe the Big Buyers are buying at these prices. Someone is. Not sure why the price is doggin' it. You figure they were simply overpriced?
Comment by Bookworm28 on Oct 05, 2021 12:45pm
Wow, you might be onto something. I can't believe the Big Players would be that bad at math. What the heck are we doing trading at $9.33 a share? No respect.
Comment by woody999 on Oct 05, 2021 2:02pm
Couldn't possibly be a P/E of 250:1 naaaaahhhhhh
Comment by Bookworm28 on Oct 05, 2021 2:36pm
I like your sense of humour. It's a tech growth company. There's a ton of tech cos with much higher multiples, especially when they're in the midst of acquisitions and growing their sales. The two just don't happen magically. Q1 ni was $3.7MM and Q2 was $1MM. It's not that far of a stretch to see them moving those numbers higher, as efficiences/leverage/acquisitions continue ...more  
Comment by RusticHit on Oct 05, 2021 2:47pm
Forward PE is only 17  now  but today action is sickning 
Comment by woody999 on Oct 05, 2021 2:51pm
17 ....?   Are you in dreamland ?? try 170 if everything goes its way (unlikely)
Comment by RusticHit on Oct 05, 2021 2:57pm
Market Cap (intraday) 5 2.04B Enterprise Value 3 1.75B Trailing P/E 218.18 Forward P/E 1 17.62 PEG Ratio (5 yr expected) 1 N/A Price/Sales (ttm) 1.80 Price/Book (mrq) 4.96 Enterprise Value/Revenue 3 1.54 ...more  
Comment by woody999 on Oct 05, 2021 3:01pm
Looks like some serious fake news .. Who wrote that estimate?
Comment by RusticHit on Oct 06, 2021 11:59am
Was todays lows bottom or more pain ahead never seen garbage like this financing at 10.55 and today 8.55 , 12-13 looks very hard to reach again this year
Comment by newcoin on Oct 06, 2021 12:34pm
Disagree. I'm looking forward to $13 - $14 this year. $15 by end of February. No one knows the future.
Comment by Bookworm28 on Oct 06, 2021 12:54pm
Given what we've seen in the last 2 weeks, nothing would surprise me at this point. Well, drifting lower than today's lows would be bizarre IMO.
Comment by RusticHit on Oct 07, 2021 12:38pm
Doing  good today From yestedays bounce conitnue Upward <><><><><><><>
Comment by Bookworm28 on Oct 07, 2021 1:37pm
Now we're down? Everything else is up. Is someone shorting CTS? This is unbelievable. Even my speculative stocks that have been dogging it are up today. What gives? Sorry Woody, still got you on ignore.
Comment by newcoin on Oct 07, 2021 2:15pm
If you're a long term holder you shouldn't watch it every hour or even every day. Just let it be. Great future.
Comment by Bookworm28 on Oct 08, 2021 11:06am
Passive investing isn't working out that well this morning. I'm down another 7K this morning on CTS, while all of my other holdings are in the green this morning. It's getting kinda hard to keep the faith. Reminds me of those tacky commercials where they say 'don't worry, you're in it for the long term'. This is pathetic IMO. Where did all the institutional support go?
Comment by 1994vsha on Oct 08, 2021 11:52am
This stock was 2 bucks less than a year ago. You need to put that into perspective...nothing goes straight up. If you bought this as an investment....relax. if you bought this as a short term trade....your timing sucks :)
Comment by Ackilles on Oct 08, 2021 12:27pm
You seem to be working your way through the emotional stages of investing. When you hit the depression stage let me know so I can go all in.
Comment by woody999 on Oct 08, 2021 12:58pm
I knew you would eventually see it my way
Comment by Bookworm28 on Oct 08, 2021 1:16pm
I'm crying uncle Ackilles. Way past the depression stage. Went all-in, which was not prudent. So ya, if you're ready, go all-in. Fill your boots. GLTA.
Comment by Ackilles on Oct 08, 2021 2:07pm
LoL. Don't worry buddy. I've lost a bunch too from the highs but I'm invested in CTS for the long-term or until I see a fundamental reason to sell.
Comment by RusticHit on Oct 08, 2021 3:05pm
No insiders buying yet even she was down to 8.50 what they are waiting for from 13 to 8...sss???