Post by
Tan4646 on Aug 15, 2023 6:57pm
terror not fear
RThis will soon be trading back at a p/sales of .6, or less. This market has lost it's mind IMO. Lock in your cash for 5% for 2 years and then lets see what you say 12 months from now.
This isn't some cannibis or exporation company that needs to raise cash for pennies on a nearly semi annual basis.
I have added in bits as the market sells off everything... Buy when other sell and sell when the madhouse starts buying.
People would rather pay for a cruise now than pay for their retiremnt later.
Comment by
CandyC on Aug 17, 2023 2:04pm
Or just range trade this stock without getting too greedy. Have a look at the 10 month chart and pick your ranges. I have several of these stocks I do this with. My hold stocks are several small-mid cap oil, just bought Aritzia, Quarter hill and NFI a month ago on pullbacks
Comment by
colourama on Aug 17, 2023 3:52pm
Agree - if Sangoma continues to generate cash and pay down debt, someday investors will wake up and the sentiment will change. Indeed, we can see shifts in share price happen quickly and sharply on any sentiment change (see latest movement), but impossible to predict when that will happen. I believe we will see better days ahead.