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Bullboard - Stock Discussion Forum 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... see more

TSX:STC - Post Discussion

Sangoma Technologies Corp > They upgrade and stock falls 25%
View:
Post by fdfd12 on May 31, 2021 10:05am

They upgrade and stock falls 25%

We must be missing something. I can't figure this out.
Comment by CandyC on May 31, 2021 10:10am
@fdfd12 falls almost 50% from $5.50 in February 
Comment by fdfd12 on May 31, 2021 10:14am
What we need it caputilation. We need this thing to drop to $2.50 and wake everyone up.
Comment by retiredcf on May 31, 2021 10:50am
Yes this is frustrating (unless you want to open a position or add more to your holdings) but we have to remember that with the pandemic, we have a huge number of new investors in the markets who trade almost exclusively on momentum. They wouldn't recognize fundamentals if they were hit between the eyes. So this water torture trading will likely continue until we get some form of NR that can ...more  
Comment by CowboyJim on May 31, 2021 11:25am
Here's 5i's thoughts on the 26th and its been beatin down more...  "We think it has been beaten up too much. With sales set to more than double in 24 months, we think it will get some attention at current levels. We would be OK buying but would still keep a position at a level to reflect its small cap risks and weak current momentum. "
Comment by snowtigerrr on May 31, 2021 12:37pm
Increasing revenues is not a catalyst for stock appreciation especially when margins are compressing. What's a $ worth if you paid $1.25 for it?