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Re: None

Tuesday, 08/18/2020 6:19:21 PM

Tuesday, August 18, 2020 6:19:21 PM

Post# of 49921
I bought in here because I think pessimism is very high for an industry and business that has a very positive outlook, the OS has not shown any signs of diluting for the few months I have been tracking it, and there have been signs that some among us are very confident in this business so that an "investor base" has been possibly established. This is basically a necessity for an enduring appreciation in share price, since such a base acts as a node to which the market is attracted as celestial debris would to a gravitational center. An investor base usually comes with a "price base" (think surface pressure if you follow my analogy) of which I think the share price is currently in the neighborhood. The CEO enthusiasm and neutral to positive Q2 report is a bonus, but I am more focused on developments in the future which may buoy the share price. If one thinks about whether the future contains more events that are either positive or negative, it is fairly obvious for any delivery company in the COVID environment there should be many opportunities for positive developments. What negative developments exist are limited to the company and not the environment or the product they provide, COVID nor the fear of it is not going away soon and delivery and logistics will not be made obsolete any time soon. The business is sandwiched between having a desirable product and having a great operating environment. It is my expectation that these positive pressures will by some form of economic osmosis permeate through the company. In such a case, time is on your side, and it is always a good thing when time is on your side, working for you. I believe there is a strong chance that is occurring here.

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