I bought $5,000 worth of Sangoma at $1.24. It was a KeyStone recommended stock. Like most of Keystone's picks, it got hammered even harder than the index and its currently languishing at $0.45.
Its trading within a well defined range, and it is a solid, profitable company. The problem with trading this thing back and forth is that the amount of money is no so low that commissions are now going to eat brutally into any profits I make.
Ugh.
Well, its a trading market, but I won't be too aggressive. I will put a trailing sell stop order on this turkey when it hits $0.50. They had a good first quarter earnings report, hopefully combined with Bernake shutting up for 5 minutes will lift this to the top end of its trading range.
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