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Bullboard - Stock Discussion Forum 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... see more

CSE:PKG - Post Discussion

ParcelPal Logistics Inc > Just doesn't make sense lol
View:
Post by Swingzup1 on Aug 11, 2020 11:25am

Just doesn't make sense lol

This companys SP is lower then when they only made 1million in rev and year with 3 times the net loss......crazy
Comment by JimboBobcat on Aug 11, 2020 11:31am
I've never seen a more dissapointing SP in my life.... Company makes more money YOY and Q after Q and SP goes through the floor... Maybe CEO should clarify why all venders are now missing from PKG app. Pretty disheartening for all the shareholders to see this with no explanation. 
Comment by SmartmoneyBog on Aug 11, 2020 11:46am
I agree 100% I've tried emailing the company a few times with no response!!! The New CEO Rich is definitely not looking out for the shareholders!!! Maybe Kelly wasn't that bad. At least he gave us more of an update on what was going on. This is pathetic!!!
Comment by HowdyBob on Aug 11, 2020 12:04pm
I thought Kelly was good, just hadn't found a whale or two yet hoping to raise higher and so opted to pass the reigns on to a new more connected CEO to bring that value. Doh! Appears at this point that Kelly was doing better. Revenues increasing at a good rate, just hold through the games.
Comment by JimboBobcat on Aug 11, 2020 12:21pm
Rich is doing a great job of managing the company. Bringing operating expenses way down and cutting loose the leaks in the payroll was a great start. Something Kelly seemed to lack. I do believe the SP will show the growth sooner or later just been a kick in the nuts lately.
Comment by bagobills on Aug 11, 2020 7:32pm
hang in. Rich has head down and getting the job done. News releases usually turns to low sp anyways. Just look at diwnturnn after Aph announcement for ex. day traders love this one. But seen this before manytimes. The numbers dont lie. And the # hirings are vg news. And that the cut out Uber everything g news bc no delivery comp can survive without big business. That means if if they are in WA an ...more  
Comment by HowdyBob on Aug 12, 2020 9:58am
He might be doing a good job running the business and that's great as I'm in for new highs or out of business and also agree news always makes this stock go down since Aphria news that Kelly thought was going to turn things around (doh on that one eh, big holders just dumped and warrant holders dumped everything they could for even a penny gain diluting and crashing the stock instead ...more  
Comment by HowdyBob on Aug 11, 2020 11:52am
No explanation is the message, changing of the Guard, wait or move on.
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