RE:RE:RE:Stock price fluctutationsDPRO is certainly not the only drone stock that has suffered a huge correction. Based on 52 week highs, the following drone companies are down by the following percentages:
UAVS: Down 94% ($17.68 to $1.10)
TAKOF: Down 74% ($2.01 to $.52)
Ehang: Down 89% ($129.80 to $14.36)
Alpine 4: Down 85% ($9.49 to $1.47) - Alpine has a couple of other non drone businesses
Based on the revenue numbers that I've seen over the last year and based on the contracts and initiatives announced, I would say that in the real world Draganfly is probably doing the best of this bunch. Drone Delivery Canada's stock has held up the best but I have no idea why - they don't have many customers or generate any real revenue and at this stage they are basically a concept company. Draganfly trades at a much smaller market cap than Drone Delivery Canada and Ag Eagle but has higher revenue and more interesting and diverse future revenue streams, such as Vital Intelligance. None of these other companies have another technology even remotely as promising. Compared to these other companies, Draganfly is deeply undervalued. I don't know what you've read about them that is "so troubling". You don't need to pile on - The severe stock price drop is certainly troubling enough for anyone that is long. Sorry you are long at $10 -that was not a good entry point. The market cap would have been over $300 million at that time for a company generating approx, $2 million in revenue a quarter. You were paying about 40 times revenue which is almost represents a very high risk buy.Good luck - the tide will turn eventually and I believe we'll all see a higher price - how high and how long that will take, who knows. Sentiment is what is ruling the tape and that can change on a dime or very slowly.