Converge Technology Solutions Corp T.CTS

CTS has multiple offers

[growthnprosper]

BNN announced just now that Converge Technology has multiple offers and the stock is shooting up!

[retiredcf]

No 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

[ddogold]

I'm quite certain that the kicking of the tires on our company has been going on or awhile and the pronounced sell off was a strategic move  to make a low ball offer . 

[Bookworm28]

We had a great bounce this morning. What next?  If someone buys them, I'm pretty confident it would be at least a couple bucks higher price than $5. If they try to take it private, who knows? They debt and goodwill (possible impairment) might hold the price down a couple of bucks in a bid to take it private, but, still, I think any offer would have to be around $7+ to pass. If nothing

[Mephistopheles3]

Source please?  I don't see this on BNN.  I doubt there are multiple offers that came through all yesterday - they will likely receive multiple offers as they go through the sales process.  I think people are overanalyzing the grammar used in the press release.

[growthnprosper]

BNN has been talking about CTS all morning about potential offers.

[RusticHit]

Looks like 5-6 bucks offers thats what market is giving out

[RusticHit]

### if any