Converge Technology Solutions Corp T.CTS

Just awful

[jsg335]

I can honestly say this has been the worst stock I have ever owned.  It literally just goes down, don't ever buy it.  No upside, no catalysts, just trash.  Management left shareholders out to dry on this one for the past 12 months.  I want it sold and off my watch lists forever.

[brewster123]

Based on SP performance perhaps they should change their name to "Submerge Technology Solutions"??

[jsg335]

Yep, pretty much sums it up.  Don't even think lower interest rates down the road will save this company.  What kind of management genius would come up with offering a dividend in this current situation?  Also I think they lied about "interested parties" during that review period, all nonsense.   Seems to be a management trick these days to drum up interest

[brewster123]

The only thing that gives me some confidence is the amount of Insider buying and share buy backs taking place as the stock declines.  Hopefully that is a sign of good things to come.

[retiredcf]

A 19% drop in a week on no company news. Either panicky inexperienced retail investors or serious tax loss selling. Leaning towards the former. GLTA

[jsg335]

High volume with no news makes me worry somebody knows something and wants out for a reason.  Totally garbage 

[retiredcf]

Assuming there's no sudden reversal, we pretty much get it all back in one day. As hard as it can be at times, it re-confirms the need to stick to fundamentals and ignore the noise. GLTA

[savyinvestor333]

This post has been removed in accordance with Community Policy

[savyinvestor333]

Quote by Guy Kawasaki: “Sometimes it's better to be lucky than smart.”