Symbility Solutions, Inc. ATBEF

RE:Accumulation mode

[Canoutchie]

I agree.  I also have been slowly accumulating this stock, as I believe there are better days ahead.

The company is still reporting a net loss on a quarterly basis, but there is growth, if you look at the quarterly financials (posted on sedar.com).

Interestingly, at least for me, is that selling and admin costs are up (leading to lower profitability in the past few quarters).   Higher selling and admin expense is quite often a leading indicator of future revenue growth (i.e. a ramp in the sales force).  Of course, this is presuming the company has a product that is sellable and in demand from the market.  Regular news releases on new contracts with various companies indicate to me that this company is slowly gaining market penetration.

So yeah, right now is probably a good time to be accumulating... especially as this company is still flying under the radar, so to speak.  However patience is required, as this will likely take a few more quarters to play out (thus more time to slowly accumulate).

Insider purchasing in the upper 30s and low 40s indicates that insiders feel this way, as well. 
Data from canadianinsider.com

Here's hoping this works out!
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