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Microcap & Penny Stocks : Pivot Technology Solutions, Inc

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To: Micawber who wrote (485)2/24/2016 8:26:30 AM
From: wookie94  Read Replies (1) of 497
 
PTG has decided to drop the plan for Pref. shares that some institutions and shareholders were against. Instead they are raising the common shares dividend by 1/3 to over 8% (at this price).
Maybe the market will raise the stock to a price more comparable to their peers? 2016 is certainly a tougher market, but these guys are still on the radar and could surprise a lot of people!

This from 2015 where PTG took 2nd place in Canadian listed tech stocks:

. Pivot Technology Solutions (TSXV:PTG) +237.5%
Price on December 31, 2014: $0.16
Price on December 18, 2015: $0.54

Cantor Fitzgerald Canada analyst Ralph Garcea thinks Pivot, which had a great year on the back of improving numbers, still has more upside. Following the company’s Q3, 2015 results in November the analyst maintained his his “Buy” rating and one-year target price of $1.50 on the stock. The Q3 results followed a second quarter in which the analyst said the company “crushed it”.
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