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Post by JHam on Aug 9, 2018 5:09:54 GMT
My $2.12 filled on Monday and I added a little more at $2.15 today. My average is $2.17 right now. Investing in a tech stock like this is very different from biotech because the only known catalysts are earning reports and maybe an annual conference. Since they just reported earnings, I can't tell if there will be much price movement in the next couple of months, but depending upon how the market goes for some of my loser biotech stocks (I am talking to you ADXS and ONCS), I would like to double my position in the next month or two. I was apprehensive about owning this at first since it is not a biotech company and in a sector I don't have much knowledge about. I got shellacked with ITMSF no too long ago and decided to keep my focus on biotech. I took a chance with CPAH because of reasons mentioned in previous posts. I agree that ER are the biggest catalysts, however, there is always a chance for new contracts being announced at any time. With only 5.9M o/s the pps can jump on any kind of positive news. I had another partial fill at $2.14 yesterday. I'll see if I can get it filled today (Thurs). Averaged at $2.20.
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Post by lcd on Sept 10, 2018 16:15:01 GMT
JHam, Once I started researching Catasys, I decided to start buying that stock over CPAH but still tentatively plan to keep my relatively small number of shares here. I got a proxy notice late last week that included a request to approve adding 200k issuable shares. I don't see that this had any impact on the pps but does this raise any red flags for you? Are you still holding?
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Post by JHam on Sept 10, 2018 16:26:44 GMT
JHam, Once I started researching Catasys, I decided to start buying that stock over CPAH but still tentatively plan to keep my relatively small number of shares here. I got a proxy notice late last week that included a request to approve adding 200k issuable shares. I don't see that this had any impact on the pps but does this raise any red flags for you? Are you still holding? I minimized my position recently and rolled it into CATS as well. I still hold a small position, but enough that if there were a buyout at $400M I could still by a boat
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Post by JHam on Sept 17, 2018 14:15:42 GMT
I went ahead and closed out my position today. I took an overall 4% loss, so no biggie, but I felt like there are some better opportunities elsewhere and I didn't want to just hold this hoping for a buyout. I will definitely keep my eye on this one and may start a position again.
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Post by JHam on Sept 19, 2018 11:41:14 GMT
This happened yesterday, but I forgot to post it: CounterPath Announces Resignation of CEOVANCOUVER, BC, Canada — September 18, 2018 — CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH) (the “Company” or “CounterPath”), a global provider of award-winning over-the-top (OTT) Unified Communications (UC) solutions for enterprises and service providers, today announced that Donovan Jones has resigned as President, Chief Executive Officer and director effective September 18, 2018. “We thank Donovan for his service during a time of unprecedented change and competition in the communications sector of the technology industry” stated Terry Matthews, chairman of the Board. “We will be expeditiously moving forward to choose a new Chief Executive Officer and we wish Donovan the best in his future endeavors. David Karp, the CounterPath CFO, will serve in an interim role as CEO and lead the Company until a new CEO is chosen.” About CounterPath CounterPath Unified Communications solutions are changing the face of telecommunications. An industry and user favorite, Bria softphones for desktop, tablet and mobile devices, together with Stretto Platform™ server solutions, enable operators, OEMs and enterprises large and small around the globe to offer a seamless and unified over-the-top (OTT) communications experience across both fixed and mobile networks. The Bria and Stretto combination enables an improved user experience as an overlay to the most popular UC and IMS telephony and applications servers on the market today. Standards-based, cost-effective and reliable, CounterPath’s award-winning solutions power the voice and video calling, messaging, and presence offerings of customers such as AT&T, Avaya, BroadSoft, BT, Cisco Systems, Metaswitch Networks, Mitel, NEC, Network Norway, Nokia, Ribbon Communications, Rogers and Verizon. Visit CounterPath, www.counterpath.com.
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Post by JHam on Sept 19, 2018 12:10:47 GMT
Up 13% pre-market. Guess market is happy he's gone.
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Post by furbush87 on Sept 19, 2018 13:06:10 GMT
Up 13% pre-market. Guess market is happy he's gone. just wait till they hire Todd Oseth as the new CEO 😁
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Post by lcd on Sept 19, 2018 23:38:42 GMT
I thought this guy... / might be available but his LinkedIn account shows that he is still CEO of some other company.
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Post by JHam on Sept 20, 2018 1:46:53 GMT
I thought this guy... / might be available but his LinkedIn account shows that he is still CEO of some other company. Which guy?
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Post by lcd on Sept 20, 2018 2:14:21 GMT
You don't see this guy's link? linkedin.com/in/gary-rabin-b663642
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Post by JHam on Sept 20, 2018 9:27:58 GMT
You don't see this guy's link? linkedin.com/in/gary-rabin-b663642 For some reason I can’t see it in the previous post. I see it now though
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Post by JHam on Mar 27, 2019 0:35:26 GMT
Anyone still in this? Massive jump today (56%) on no news. Wonder what's up.
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Post by furbush87 on Mar 27, 2019 0:47:52 GMT
Anyone still in this? Massive jump today (56%) on no news. Wonder what's up. Massive volume is the easy answer, and probably the correct answer. Let's assume that no one ever "knows something " then when this happens what you most likely have is an institution having done research saying "I want x% of that company. So this could be a strong buy signal. 2 cautions. 1 day traders will play this. 2. Without news this move is unjustified so dont chase it. Better to miss a great deal than to buy a bad one
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Post by JHam on Mar 27, 2019 3:15:53 GMT
Anyone still in this? Massive jump today (56%) on no news. Wonder what's up. Massive volume is the easy answer, and probably the correct answer. Let's assume that no one ever "knows something " then when this happens what you most likely have is an institution having done research saying "I want x% of that company. So this could be a strong buy signal. 2 cautions. 1 day traders will play this. 2. Without news this move is unjustified so dont chase it. Better to miss a great deal than to buy a bad one Yeah I am not planning on diving into this one now. I traded it a little while back, but due to the extremely low flow/low volume it is tough to get in and out of. For sure something is up, hence the crazy volume, I am just wondering what it could be. They had a good piece of news the other day winning a Product of the Year award for Bria Teams, but I doubt it has to do with that. Like you said, probably an institution or maybe the founder (and billionaire) Terry Matthews decided to take an even bigger stake.
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Post by JHam on Mar 27, 2019 3:16:52 GMT
Whoever bought this a few months ago when it was at $1 is loving life right now though.
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Post by lcd on Apr 2, 2019 16:48:57 GMT
The crazy spike was apparently due to a reference (I have yet to see from whom) about a partnership with Uber. I was traveling that day or I would have definitely sold the small number of shares I still own when it was around $2.70 towards the end of the day. I went ahead and set an open ended sale at $2.60 in case someone mentions Uber again.
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Post by JHam on May 20, 2019 3:10:24 GMT
The crazy spike was apparently due to a reference (I have yet to see from whom) about a partnership with Uber. I was traveling that day or I would have definitely sold the small number of shares I still own when it was around $2.70 towards the end of the day. I went ahead and set an open ended sale at $2.60 in case someone mentions Uber again. ecoethcon over at ST has brought this one back to my attention. I need to do some more DD, but CPAH has been beaten up pretty bad lately (and the Uber IPO didn't help). Trading under $8M is bordering absurd, imo. Just not sure how long I'm willing to hold when there are so many good near-term opportunities at the moment. ecoethcon, if you're out there feel free to chime in
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Post by JHam on May 20, 2019 3:24:59 GMT
57% insider ownership and a 2.65M float
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Post by lcd on May 20, 2019 14:29:01 GMT
I am still sitting on a small number of shares I bought just over $2 so I am very red. This small cap definitely has the potential to spike again, but if it does I will likely unload my shares if there isn't clear evidence the spike will sustain itself. What does ecoethcon see on the horizon to stimulate growth?
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Post by JHam on Jun 23, 2019 16:05:43 GMT
I am still sitting on a small number of shares I bought just over $2 so I am very red. This small cap definitely has the potential to spike again, but if it does I will likely unload my shares if there isn't clear evidence the spike will sustain itself. What does ecoethcon see on the horizon to stimulate growth? Sorry I never got back to you on this. Well, the new big development is that Slack ($WORK) just IPOed at $20B. Their biggest competitors are Microsoft and CounterPath. There’s lots of buzz about Slack buying out CounterPath. It would make sense. CounterPath has a $9M market cap right now. Slack could acquire them for next to nothing. Even with a nice premium. This certainly makes things more interesting, so I’m going to give it some more thought. I just don’t want to get stuck holding a thinly traded stock and nothing happens.
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