RE:MarkGRetiredcf.Respectfully I am not sure what is funny about a onetime good stock trending down. It is down 12% since reporting. It has been tending down badly since S2S aquistion. I am here for all opinions and not just for positive ones. At some point Sangoma will be a buy again. I see you are invested in the same opil stocks as myself. Do you see Sangoma or Tamarack doubling from the current stock price first.? Most think the overall market will go sideways this year and oil to go up. Do you think Sangoma will outperform the market average and why? I am always open for various opinions and am not putting anyone down with their viewpoints. We are all here to do well.
Here is my post from June 23 2021. I have not sold any oil stocks and will be holding for at leat the summer of 2023 unless something major happens.Sangoma would be at $2.20 currently. I don't see it as a buy yet.
June 23, 2021 - 01:59 PM
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Post# 33435214
I would have to agree with those who think Sangoma will hover around $3.00 until they can prove they can show they are very profitable in their financials which might not show a positive outl;ook for a few quarters.As good as the Star2Star aquisition might have seen at the time the market seems otherwise. Unfortunately most analysts are probably correct. Most think a market correction of 5-10% is coming which would be awful for Sangoma. We could see $2.50. Have to go with the momentum with oil since most forecasters think we will see $80 by August. I may take my profits from Gear Energy and Athabasca Oil and reinvest in Sangoma