RE:Contrarian?On top of the fact that generally the market has been trending on a downward momentum, this is generally the time typically in December where people sell for tax-loss tax-gain motives. The selling this time of year is not new, given that FLT.V has been a big winner in 2018, it would be an impressive display for stock guru's, pundits, brokers etc to sell such a high gain. This is nothing unusual, its just unfortunate timing given the Milestone Achievement Drone Delivery Canada has executed.
Please investors, do not forget about the following in the immediate future... The January effect, the Pilot project in USA that was estimated to conclude through the balance of 2018, and the large commercial contracts Tony Di Benedetto mentioned in the following year during the German stock journalist interview in March, which everything Tony mentioned has been timely accomplished. The management hasnt lied to us at all, so there is no reason to not trust the direction of the company.
For the longs, I certainly wouldnt panic. Drone Delivery Canada is leaving everybody behind certainly in Canada, and an update on the USA front will be very interesting. If you plan to hold for years to come as I am, these December doldrums are irrelevent. The fact DDC continues to pursue the smartest minds in delivery and cargo displays their inspirations, potential and desire to become a mammoth in this upcoming sector. To provide compensation for these brilliant minds to come on board, you would certainly think larger revenue is needed and just may on the horizon.
In DDC we trust.