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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 > Stalemate....like watching paint dry...nothing to see here
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Post by 88guy88 on Feb 16, 2023 12:45pm

Stalemate....like watching paint dry...nothing to see here

It will take an event or news release to trigger a big movement.....the shorts are not covering and they still believe that they have 10% to 20% downside yet....and the positive side is not buying into the analyst targets even though reduced so the price is not going up either

Next news will be massive up or down.....any interested takeover will want the stock as cheap as possible to make their potential bid look better

Flip a coin
Comment by prophetoffactz on Feb 16, 2023 1:48pm
No stalemate can be declared yet... Still working off significantly elevated volume. Once the selling pressure is done there may be a significant bounce given the concensus of seven analyst targets is $14. 
Comment by Stonksonlyup90 on Feb 16, 2023 2:17pm
Insider buying just announced should help reverse trend!
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