Post by
colourama on Jun 09, 2023 1:39pm
Up and down like a yo-yo
The price action here has been all over the place in the last couple of weeks - up 10% one day, down 10% the next, up 10% - and now this latest drop approaching 15% in a couple of days. Is everyone just trading? No one believes in the 20% FCF yield?
Comment by
Torontojay on Jun 09, 2023 2:17pm
It's much harder to fake cash flows than it is to fake net income. I doubt many people even follow the fcf yield. They pay more attention to false hopes and dreams and investing in companies with no revenues. Sangoma does not suffer from this issue.
Comment by
snootchybootchy on Jun 09, 2023 10:54pm
Picked up 2200 more shares today although I'm starting to think it may be better to trade around the volatility in the share price instead of holding these shares long term.