The last few days there has been quite a bit of buying on Sangoma, on very little news that I can see. It's great as the price is up quite a bit, but I'm intrigued to learn more but don't know where to look.
I suppose that may be the point though!
If nothing there, any thoughts on why sangoma is moving so much these days?
If a trader is not an insider of a company, or if they do not own more than 10% of a company (5% in the US) they are not required to disclose their trading activity. Mutual funds disclose their positions regularly but only required by law to report twice a year, and this comes on a very delayed basis. STC is now up 47% YTD. Volume picked up on Friday, but was still only 125,000 shares. Not a huge $$ amount. Still, it was the most volume (daily) since late November. But the rest of this year has not seen that much activity, volume-wise. There were two block trades (44,000 and 49,000) yesterday that made up the majority of volume. But, for the week, the average trade size was only 519 shares, representing about $3,000. This 'implies' that the majority of trading is still retail investors, not institutions.