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ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same-day delivery and e-commerce integration. The Company offers logistics management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.


CSE:PKG - Post by User

Comment by Jordanitoon Dec 30, 2020 9:01am
224 Views
Post# 32195907

RE:RE:RE:Smart People buy PKG... Loosers sell

RE:RE:RE:Smart People buy PKG... Loosers sell

I also have been in and out of pkg but always hold onto some shares because I believe in the company. 


recently though therma bright (THRM.V) announced they're plan to get into the Covid diagnostics space (19.8B USD market) and I believe that is the better short term play. Once they apply with health Ontario & the FDA their SP will most likely shoot up. which could be happening anytime now. I think it will make a great catalyst for me to get out and then potentially get back in at a lower SP assuming it falls during the 40 day wait time to approval. 


norningstar as their fair value at almost double current SP (not sure how credible they are) and they believe that with the approval we could see 20X from current SP.  I'm not that optimistic lol i believe 5X (or aprox:1$/share) on application to health Ontario and 10X (or aprox 2$/share) nearing or on approval. 

https://www.morningstar.ca/ca/report/stocks/analysis.aspx?t=0P00005SX5&lang=en-CA
 

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