Replies to post #65841 on Auto Parts 4Less Group Inc (FLES)

[Justjoe1979]

When everyone is stuck at home what do they do, buy stuff online. Where does FLES sell their stuff, 100% online. Sure sales will decline a bit, but if you look at their eBay sales, they appear to have actually increased slightly.

Yes a lot of people are hurting, but a good percentage are either getting 100% unemployment, teleworking, or some other sort of paid leave.

Also human nature especially here in America is to buy the things you want first. Why do you think American consumer debt is so high. You don't think people have already blown their stimulus check in anticipation of getting it, or will blow it on things they want?

People rarely spend small windfalls on the essentials.

Plus now a bunch of motorheads and off-roaders stuck at home finally have time to work on their projects. To say that an e-commerce company selling niche aftermarket auto-parts online is going to go bankrupt because of this is pure speculation.

[Stockcaller]

Look at the sales over the past 2 weeks on EBay.
Enough said.

[tradinplaces]

I think there is a pretty good chance that sales will actually go up. Especially when the stimulus money starts hitting the accounts and giving those who are at home and bored a little extra money to spend. We'll see how this plays out but in the long term, the social distancing shouldn't really affect our business plan significantly.