Red Cat Holdings Inc (RCAT): Drone sector is bullish. Pretty much eve...

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DrStevens

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Thursday, 01/14/2021 2:00:41 PM

Thursday, January 14, 2021 2:00:41 PM

Drone sector is bullish. Pretty much every UAV related stock has jumped in the past 4-6 weeks and then some as most of you know. Yesterday with DFLYF and UAVS today (hit the 11’s = 600m market cap)

Feeling really good we’re we are at. Only UAVS is currently on NASDAQ, ALPP and DFLYF should follow in this or next quarter. Money is flowing in, we’re slowly gaining traction and we’re set to profit from the industry. FAA remoteID publication is supposed to happen this month and rules will become effective 60 days after. Manufacturers have 18 months to produce remoteID installed drones and pilots will have 30 months to comply completely. RCAT is geared for this regulatory environment and at this market cap we still remain cheap.

New article on consumer drones somebody posted on stocktwits - mentions RCAT

https://neighborwebsj.com/uncategorized/1238164/consumer-drones-market-to-see-incredible-growth-during-2020-2030/