Post by
Dunworkin2 on Jun 10, 2021 9:59am
Good time to add more?
My non-scientific, year-over-year comparison of GSI news releases for the month of June indicated the following:
June 2019 = GSI had 12 news releases mostly related to school bus deals, and that was during covid
June 2020 = GSI has had 1 release to date
SO what??? I think we have much more upside potential than downside risk, assuming there is no massive collapse in GSI's business, which I don't expect given the increased pilots announced in the last two months.
Add in the fact that kids will be in school come September and that means getting buses ready and equipped by September. More school buses will result in more business for GSI, plus i see more people (not all, but more) returning to their offices come September so more public transit contracts should be coming along.
Bottom line for me: risk to the downside could see us back in the 50's if there is a broad market collapse, but upside could be a lot higher with news releases on new deals. This is a good level to pick away at and add if you are still building a position.
Comment by
mikeonmicrocap on Jun 10, 2021 12:55pm
I don't see the logic in that. June 2019 = GSI had 12 news releases mostly related to school bus deals, and that was during covid June 2020 = GSI has had 1 release to date It would follow that with 1/20th the number of PR contract releases that one may expect a more dismal outcome?
Comment by
mikeonmicrocap on Jun 10, 2021 2:45pm
I often find that trending share price is a good predictor of upcoming earning reports. Since I own a lot of shares in GKPRF I hope I'm wrong but to be honest I'm frustrated and pissed.
Comment by
CryptoCurrency on Jun 10, 2021 2:48pm
Same. I have been waiting for this SEPTA upgrade contract since May 2020. Hopefully soon. I think once the first domino falls (in a good sense) we will see many more soon after. My opinion. GLTA
Comment by
checkup on Jun 10, 2021 4:46pm
This post has been removed in accordance with Community Policy
Comment by
Gord_Alberta on Jun 11, 2021 4:48am
You knew about Covid a year before anybody else did - Cool... ;-)
Comment by
Dunworkin2 on Jun 11, 2021 5:26am
Lmao! Where has the time gone! Yes, should have written June 2020 compared to June 2021, good catch Gord. Happy Friday all! ......(It is Friday, right?) :))