GSW 0.00% 29.0¢ getswift limited

GetSwift Shareholder Letter, page-37

  1. 499 Posts.
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    It's peculiar; the article is fairly dry and, as you state, describes the facts of GSW's failure to win contracts that they framed in remarkably optimistic terms for the SH (although if you go back and read the PRs at the time, GSW always kept a litttle wiggle room in their language).

    The constant stimulation of the trial has given this forum the feel of a catastrophic childrens' birthday party, when the sugar and red food dye and general excitement has pushed a bunch of toddlers into a absolute frenzy. I suspect the manic phrase will be replaced by copious weeping and demands to go home when it turns out the judge doesn't necessarily agree with the mini-essays that keep getting written here.

    The GSW will almost certainly win this case then go on to triumphantly sue AFR is hopefully the peak of the toddler sugar rush stuff.

    Almost all the revenue growth seems to have come from expensive acquisitions (that also seem non-trivially expensive to run thus contributing to GSWs rapidly diminishing runway). Despite this the rush-of-blood-to-the-head crowd are now running around on this forum describing GSW as a 'leading logistics company' as if it's core business has been achieving amazing success.
 
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