Drones

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With the advent of drone technology there should be growth in that market. I currentl have FLT and its not really moving much. Wondering if there are other promising stocks related to this industry.

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Asked on October 29, 2021 4:18 pm
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Hey Eric,

In terms of pureplay, the only one I'm really familiar with is FLT and yeah, they have a head start on many companies and have yet to really generate any meaningful revenue. This is why they've lagged. I actually owned FLT but then exited last year after they missed their quarterly fillings.

They seem to be just there - on the verge, but can't quite get over the hump from experimental to full blow commercial contracts. Once they do, that is when the company will move but personally, I'm gonna wait until i see some meaningful progress in this are before I'd consider adding them again.

Mat

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Posted by Mathieu Litalien
Answered on October 31, 2021 3:17 pm