I think FLT is the best Canadian Drone system wise. And the drone industry is going to be booming for 10+ years.
There are good options on the US side, but for Canadian, FLT has the most contracts is by far ahead of its competition as far as testing and advancement is concerned.
The only thing better is holding military related air defence stocks that have good drones for military/police use. Do you follow any good ones?
All in all,
Good company, being managed well. Good industry with a positive future outlook Defensive play
Good for long term
BUT
The Drone space has been running for a bit. So I am watching closely for a 'possible' consolidation, reversal in the short term, which does not change a good future outlook.
Well I sold my shares today at 2.02 after thinking the filings were going to tank the stock. Boy was I wrong. Long term I believe in this company, and was planning to re enter in the 1.50-1.70 range. What do you think about today’s closing action? Looks like someone bought a bunch of shares @ market price.
Moon911
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Thansk, I am in FLT.
If it is a long term investment I will continue to invest in.
What do you thing about STC and DOC?
tsx_trader
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@relievedEnthus17401, As a swing trader im looking at 2.20 for entry point to DOC.
I dont know much about STC but from the chart, its moving a lot like FLT recently, would not surprise me if it spends time cooling off as its ran quiet a bit already.
mtv77
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Check out DFLY (similar long to FLT) and UAV (risky but potential insane returns)
tsx_trader
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@mtv77, I like both of them. But because of how much the industry ran, I am diversifying and choose to stick to FLT for now.