- Drone companies are hot right now, as illustrated by the attention for the topic on Seeking Alpha and the rally in drone-related shares.
- Alpine 4 Technologies shares have risen sharply at the beginning of 2021, even much more than shares of industry peer Draganfly.
- Alpine 4 Technologies made two acquisitions that currently make up its entire drone business. Next to that, it's active in several other business lines.
- The recent surge in ALPP is most likely driven by the two acquisitions in the drone space.
- The rising share price of Alpine 4 Technologies seems excessive and not supported by realistic business growth rates, just like with Draganfly. I'd recommend investors to be careful when investing.
For further details see:
Alpine 4 Technologies: Acquisition Of Drone Businesses Leads To Excessive Rally