ParcelPal Logistics Inc C.PKG

Same Old Story

[infoisgoodman]

Well there's the brand new positive news release and there goes the price.  Back to back positive months and down we go.  Like someone said, every six months we give $0.15 to $0.16 a kiss and then back to $0.07.

[JimboBobcat]

Typical buy on hype, sell on news. Worse in penny stocks because its all insider trading.

[HowdyBob]

It would stay up if the group keeping it down stopped pushing it down. This time feels different going in to the new year with profitability though. Also we have Rich on our side with consistant positve news releases now.

[infoisgoodman]

Yeah, I'm torn with this stock.  I've seen this story before so on the one hand I just want to cash in and run for the exit but on the other hand the numbers are really improving.  The third quarter was good and with back to back profitable months and there's no doubt in my mind that December is going to be profitable so that will make three consecutive positive months. 

[vicioustrader69]

It will be a great little company by April 2021.  it's just to bad they don t have 4 million cash in  hand. Dilution of shares , share offering and paying options to insiders will be the wall that the share price can t jump over. Going sideways til April at best

[HowdyBob]

We shall see. Seems there is certainly people that wanted it down and they just got a big surprise and so doubt they will give up unless the buying pressure just doesn't end and they finally support instead of hinder. I didn't wait 2 years to sell at even though, so happy to wait another 2 years to see where it goes with profitability in a cutting edge sector in a covid world. WIth these

[Aquaman11]

HowdyBob ...many of us have been thinking this way for many months, or even years. LOL ...but there is still hope and if anything, recent results are encouraging. Vicioustrader69 ...we have to give them this, that they have not flooded with shares while diluting like crazy ...they only seem to reach out for cash when they really need to and not more than they need.  Lots of cash would allow