RE:Back in
CandyC wrote: Bought back in just now. Inflation should cool in the coming months. The chip shortage is still a concern though. Regardless we should see $14 by EOY
You are very optimistic about that. Nevertheless, there is definitely good value here.
We are probably at the start of the recession or slow growth,whatever you want to call it. This is reminiscent to the 1990 recession which began in July 1990 and ended in March 1991. The stock market generally begins to rebound 6 months or so before it ends. I can see a similar situation occurring this time around.
This is purely speculation but a possible scenario. The stock market bottoms at the end of the year, probably in the fall right around October/November during tax loss season. The recession lasts until the middle of 2023. The stock market is always 1 or 2 quarters ahead and we begin to see a rally in the markets in the early part of 2023.
Sangoma investors are thrilled and ecstatic and people start posting again on Stockhouse :)
How about that for a prediction?