ParcelPal will have an amazing run this fallAs per my previous posts I ve done a lot of DD on ParcelPal and I believe that anyone buying at these levels will have a great return by Christmas this year. Some key points are listed below.
- amazon contract in Vancouver (gold status).
- ParcelPal has partnered with and partially acquired TokeIt.
- as per their presentation they plan on expanding to Toronto, Montreal, and Calgary. By the end of 2018.
- recent additions to the board suggest major expansion.
anybody that has been following ParcelPal closely or contacting the CEO directly, knows that they have been too busy to update all of their social media accounts. This is a very good sign IMO. They re obviously working on something. Also, amazon has been in the news lately about encouraging people to start more delivery companies. To me, this means that they still can’t keep up with demand. It’s not out of the question to think that they may give ParcelPal contracts to other cities (it even says so on they’re website). Another thing to note is that they may have just achieved profitability :) we ll find out for sure when earnings for Q2 2018 come out.
I stand and by my previous SP target of $1 at some point this year. But this also has the potential to go higher in the long term. With only 66 million shares, this thing will fly once the big news starts coming out. Good luck to all and DYODD