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Proficient Auto Logistics Inc V.PAL


Primary Symbol: PAL

Proficient Auto Logistics, Inc. is a specialized freight company focused on providing auto transportation and logistics services. The Company offers a range of auto transportation and logistics services, focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. The Company operates in two segments, Truckload and Brokerage. Its Truckload segment offers automobile transport and contract services under an asset-based model. Its contract service offering devotes the use of equipment to specific customers and provides transportation services through long-term contracts. Its Brokerage segment offers transportation services utilizing an asset-light model focusing on outsourcing transportation of loads to third-party carriers. Its customers range from auto companies, such as General Motors, BMW, Stellantis, and Mercedes Benz, to electric vehicle (EV) producers, such as Tesla and Rivian.


NDAQ:PAL - Post by User

Post by molikaion Feb 04, 2003 10:10am
99 Views
Post# 5832705

Why sell?

Why sell?This is one of the few stocks you can own in these markets with a buy and hold strategy. I wouldn't sell if it had trippled this morning. The prospects of a continuous revenue stream through settlements is too alluring. Yesterdays news only strengthens my conviction. Of course the downside of Patent Infringement is the length of time it takes to settle. But I knew this coming in. I guess the key is to have a trading position as well and dump on the news but I always have trouble timing the peaks and valleys in the short term. Cheers
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