Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.


TSX:STC - Post by User

Comment by Torontojayon Aug 27, 2021 6:09am
210 Views
Post# 33774719

RE:RE:RE:RE:RE:RE:Fighting the Shorts

RE:RE:RE:RE:RE:RE:Fighting the Shorts
CandyC wrote:
AlwaysLong683 wrote:
CandyC wrote: Once again I'm not trying to be a downer on Sangoma. It's a great company long term. I mentioned before the chip shortage is affecting many industries including telecom. Automakers will definitely be first in line and willing to pay steep prices. I think for the next year Sangoma is only a tradable stock for the shorts between 2.50 and 3.50. The shorts are making huge money. Here's a link about how the chip shortage is keeping stocks down. https://apple.news/AndqZp626SsK5tloXNmSjqw


Candy, another possibility is that the chip shortage is already baked into the current share price of STC and other companies affected, so as we sit here today at just over 3.00, my guess is there's a lot more upside potential than downside over the next year.

We shall see!

 


Definitely a lot more upside but wouldn't surprise me to see 2.50 first. If people hold the stock it might be best to ignore the stock for 2 years and look at the massive gain at that time. Could or should be $6-10



This is perfectly fine by me. My goal has never been to try and pick the bottom and perfectly time my entry. I'm interested in companies that can deliver net income growth over a very long time. For instance, if you can correctly pick the bottom of a particular stock but the company fails to deliver net income growth then what's the point? 

We don't have control over what happens to the market over the next little while. As a long term investor I'm not interested in day to day market swings but I'd rather hold a position in a strong company. One day the stock can rally big time and you want to be a part of it when it does. 
 

If you have worries over chip shortages then you can always reduce your position but I think it's important you stay invested at all times. You just never know when the market swings in your favour. 

<< Previous
Bullboard Posts
Next >>