Fitbug Share Discussion Threads

[aganatra20] 07/4/2016 10:44

No long or short? Then why are you posting on here? You had a go at people who did not have a position, however, you yourself don't have one either.

[dt1010] 06/4/2016 21:27

Hahaha loser, no long or short, ROFL

[ravin146] 06/4/2016 06:03

Knigel just filter the bullsh1ter haha. Delboy has lost thousands here, and I posted my evidence of the lies few weeks back. As I've noted previously this will need further funding, and the signs of all this mopping up of shares looks to me like a placing but let's wait and see. Currently no long or short position here until results are posted.Gla, dyor all

[knigel] 05/4/2016 20:49

I thought one was not going to post here anymore?

[dt1010] 05/4/2016 20:42

Ouch indeed to the £10m debt.

Ravin must be seriously hurting poor chap.

[dusseldorf] 05/4/2016 11:43

With Final results about 1 month away (going by last year), I have little expectation of anything other than a very poor result and highlight of requirement for further funding.

Doesn't look good as I can't see any way they can trade themselves to profitability without some killer new app or USP. The competition from other devices and apps is simply too high.

...then there is the £10m debt - ouch, I had hoped they would survive, but even the last bit of optimism I have is waning.

[aganatra20] 05/4/2016 10:57

Almost bust

[dt1010] 04/4/2016 21:32

Haha ROFL ravin

[bibdaddy] 04/4/2016 11:50

Down 16%....dead and buried or forced down due to positive news on the horizon...I think the former unfortunately

[phil1969] 29/3/2016 12:38

Take a quick look at HWC, 50% over last week. Steady double digit rise each day. No ramping or social media hype. Check out the new BoD and make your own mind up on what could be brewing.

[knigel] 29/3/2016 07:14

That's your opinion - people made money on the way up to 26p and obviously people lost money when it went all the way back down... what happens now is up to the management... sorry but if a share is listed on the AIM market - it will always be a higher risk INVESTMENT.. I repeat shares are investments but to different degrees of risk and the key is to have your portfolio in a fair number of AIM shares if you like to invest in this market

[barnes4] 28/3/2016 22:57

Knigel thanks but this is hardly an investment more of an outrageous gamble

[knigel] 28/3/2016 21:49

barnes4 tbh not sure as the last available results were up to 30th June 2015 and a lot has happen since then.. however if you are considering an investment here and not sure yet.. maybe wait for the results to 31st December due next month gl

[dt1010] 28/3/2016 21:44

Yes I think it went to like 1p or something. The fund was going to pile in at just under where it bottomed out and they kept waiting. But it recovered. And they stuck their stubborn guns.
Thomas Cook was an example of a business worth buying when it was sold off. I didn't buy it lol. Next was one opportunity that was life changing.
asos was another. They're rare but they're out there. Fitb doesn't have the product or business model to be another similar opportunity. Or the originality.
I know where the mania in stocks will be and the sector but the timing isn't right just yet.

Last post ever from me here.

Adios.

[barnes4] 28/3/2016 21:16

How much cash and debt do they have knigel? Tia

[knigel] 28/3/2016 20:46

All I remember is that virtually everyone thought it would go bust - I think the low point was around 6p but maybe it did go all the way down to sub 3p..
My point really is that occasionally a share that looks dead and buried recovers - maybe Fitbug will be a recovery story - maybe not. However even getting back to 2p will be a 200% increase from the current share price and it was not that long ago the share price was 2p.. and higher..

[barnes4] 28/3/2016 20:28

It went lower didnt it?

[dt1010] 28/3/2016 19:23

I remember reading about a fund that wanted to buy it less than 3p or some certain v low level. It went right down v close to their target but they never bought. Then it went on to recover and do what it did. You'd never live that one down.

[knigel] 28/3/2016 19:03

Research - it went that low .. I remember it well.. the only trouble was I was just about 20 and only put in £150 - still made a mint gl

[dt1010] 28/3/2016 18:23

Lol king first investing in next at 10p

[the stinger] 28/3/2016 17:57

DT - time will tell here, keep in touch and we'll see how it develops..