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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 AlwaysLong683on Feb 09, 2023 10:55am
86 Views
Post# 35277121

RE:RE:Taking off!!!

RE:RE:Taking off!!!
CandyC wrote: It looks like it could be heading to the mid $5's 
we will see how earnings are tonight 

Candy, 

2022:

July 28
- you stated you bought STC when it was trading at around 9.50.

September 20
- you stated you'd sell in a few months at about 12.00.

December 29
- you stated STC will hit 10.00 sometime in the first half of 2023.

2023:

January 18
- you stated you bought more STC that afternoon when it traded in the 6.00 range.
- you also stated you sold all your DRT shares when it was trading at just over 1.00 as it currently seemed like a mess, but you may buy back into DRT if it went down to sub 0.40.

February 8 (yesterday):
- you stated you sold STC (7.57 - 8.09) and bought DRT (0.79 - 0.97) because the STC run up was "too quick".

Now you say STC could be heading to the mid 5's depending on earnings....?

Of course STC could drop to the mid 5's. But it could also pop higher depending on this evening's earnings and the market reaction tomorrow and in the days and weeks that follow. Also, this is just me, but I'd rather invest in an SaaS technology company with annual recurring revenue streams than one that sells products that can be one-offf sales and which can be greatly influenced by raw materials  and other input costs. It appears like you are a short-term trader, so that likely explains your seemingly impulsive preditions and moving in and out of stocks.


Now of course it's your money and far be it from me to tell you or anyone else how to invest it. I just find you make a lot of bold predictions that can be a stretch, and seem to change your mind rather quickly.

JMHO



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