Converge Technology Solutions Corp T.CTS

Free Fall

[RusticHit]

now down 50% from highs as some other names are this will be in dog house as they lost money ,buying so many companies and making no money is not liekd by market ..

Converge loses $2.4-million in Q1

[jimitwist]

The condensed version from the Globe and Mail. The short story is, they beat estimates. Converge Technology Solutions Corp. CTS-T -7.47% decrease  reported that its net revenue increased 77 per cent in the first quarter to $550-million versus a year ago. The expectation was for revenue of $499.3-million in the latest quarter. Its net loss was $2.4-million versus a

[RusticHit]

And the free fall continues even Tech stocks having Good bounce but this one down 7% investors bailing out  of low margin business with shrinking economy ,bo insiders buy no comapny buy back this is disaster

[LetsGetRichNow]

Did you know ?  Ralph is a board member of Edgewater Wireless !  CableLabs  worked with Edgewater Wireless on this revolutionary WiFi technology ....  have a look see  .... GLTA .

[LetsGetRichNow]

Ralph is on deck May 19 , I wonder what we hear from the director of CTS ..........https://stockhouse.com/companies/bullboard?symbol=v.yfi&postid=34679680

[LetsGetRichNow]

Rumour has it Ralph is moving UP in the Edgewater Wireless  ( YFI )  organization !  GLTA  

[RusticHit]

what a junk every damm thing up 10-30% and this is fighting to stay in green even AT is up 15% ,,lol  and when Market farts again where this will go figure it out ,,,,,,,,,,,,,,,,,as always

[motivator2]

No kidding. Even a 4 year old could tell u there's a serious problem here. Sort of reminds me of XBC. 

[Benoityaz]

Can you elaborate on what exactly about CTS reminds you of XBC?

[motivator2]

The precipitous fall. 

[retiredcf]

Garbage in and garbage out. It never fails that when the market is weak, all kinds of "experts" show up who clog up the BBs with inane predictions. Have a nice weekend. GLTA

[motivator2]

And then on the flip side there's those "leaders"  on this board who love to justify their mistakes by extolling the virtues of their failed investments to others in hopes of keeping the share price afloat.  I made the mistake of following some of these dudes instead of looking at the bid and the ask. What else is there. I'll say it again. Sell CTS now and take your

[Benoityaz]

CTS has a better chance of doubling from here in the next two years versus gib.a. CTS also has a higher chance of getting cut in half in the next year vs gib.a. It depends on what you want but yes if you want to preserve and do a bit better than cash buy gib or a bank or telecom provider. If you want a shot at more and can accept risk, then gib.a will disappoint you. You cannot compare these two

[retiredcf]

NASDAQ down over 150 and CTS up nearly 10%. And yet no comment. What a surprise.  But give credit to GIB.A as it was also up (0.29%) Bottom line - unless there is a significant change to the fundamentals (either positive or negative), ignore the trading patterns (especially in a fearful market like this one). GLTA

[motivator2]

Yes it was a stand out day for Cts. So much so that I had to re-enter my position and swallow some crow. The finish was solid. Ok. So I'm back in. I can admit my mistake. Still hold gib as well. 

[ITSUP2ME]

I take you are heavy weighted in XBC too?

[motivator2]

Agree. Don't stick with a loser. Surprised retiredcf hasn't sold.  Look at Gib.a instead. 

[retiredcf]

In this tech wreck of a market, everything is a loser. Selling at this stage locks in your loss at the worst possible level (panicked lemmings jumping off the cliff). Same thing happened in the 2008 crash. CTS is doing fine and I plan on sticking around until sanity returns. As frequently mentioned, you need a thick skin and a good sense of humour (plus never play with margin accounts). GLTA

[motivator2]

Isn't it more logical to cut your losses quick. I feel fortunate selling cts over 9. And I lost a bit of cash. I don't need any more analysis than that egregious looking chart. 

[Benoityaz]

Unless you can show that the reason you sold at $9 was because you predicted the current general market turmoil (which is the largest driver of the stocks recent performance, with a smaller portion reflecting some company specific reasons), you are not a hero. You just got lucky and perhaps just made a market call (doesn't seem to be much in the way of some amazing stock picking going on here)

[motivator2]

Yes. That's exactly what happened. I'm no hero. That's for certain. 

[kentucky77]

 Well said retiredcf... looks like this summer is 'lockdown' your holdings and wait for the 'dampanic' to subside. .. .