Fitbug Share Discussion Threads

[barnetpeter] 26/1/2017 09:06

No argument that the company needed the money. Those who bought last week got burnt. I managed to sell stock at 0.5 but others got double that. Buyers at that price now need this to go up 5 fold to get their cash back. It is disgusting but nothing will happen....this is Aim. The holders of the new shares are sitting on a loss...they will be pressing for news and contracts.

[pwhite73] 26/1/2017 08:56

Stealive - "If not, all company's could say we have 2 billion barrels of oil"

They do. Have you not read the RNS's.

[stealive] 26/1/2017 08:49

Your right and regards the story being true. I'm 100% sure. If not, all company's could say we have 2 billion barrels of oil. Are profits will be 6 billion next year etc. The one thing that draws me to this share is the potential of the product. I bought EVRH at 1.89 given its new market.Silly spike but this has potential

[pwhite73] 26/1/2017 08:09

The leaving out of the financial figures was deliberate. The company new full well that investors would focus on the 14,000 employees and the fact that Asian company was global. There is a strong argument that the RNS was issued to deliberately mislead.

The fact that the stock was suspended and a more expansive update issued a day later does suggest the company was aware it had created a false market in its shares. However the desired outcome was achieved. They raised £1 million to the detriment of many private investors.

The one positive is that if they have signed a contract with a company that has 14,000 employees it may open avenues for a more lucrative contract.

That's only if the story is true.

[stealive] 26/1/2017 08:08

Few more buys and this will rocket

[knigel] 26/1/2017 06:38

Well the first RNS did not include the value! So no wonder the market (or small punters) went a little mad..

[dice1950] 26/1/2017 06:07

£60,000: Fitbug’s
Market prices in £9.4m value to a contract that is worth peanuts

[dice1950] 26/1/2017 06:07

£60,000: Fitbug’s
Market prices in £9.4m value to a contract that is worth peanuts

[barnetpeter] 25/1/2017 19:55

Yes it was a great placing for the company. All the huge volume last week allowed this dump. May well hit .15 as some buyers dump stock but it does spike and hard so buyers will take a punt.

[ravin146] 25/1/2017 19:07

...continuing previous postHybridan3hHybridan ?@HybridanLLP.@FitbugActive (FITB) announce placing to advance corporate wellness strategy: And again...so who bought £1m of shares? In June couldn't do a crowdfunding so was backed by NW1!Must have confidence that 0.2 will hold!Imo

[troll n roll] 25/1/2017 19:06

I may buy some at 0.03p.

Hope this helps

[cpap man] 25/1/2017 18:05

Approaching 330M FITB shares traded on the LSE alone against 500M in the placing. Give it a day or two and FITB will be up and away again back to hit 1p+

[stealive] 25/1/2017 16:30

True. I think the products got potential so hey ho let's see in a week.

[sweepie2] 25/1/2017 16:20

Will be a buyer if it falls back to .15p or lower as there will always be another spike at some point

[stealive] 25/1/2017 16:15

It was a pump share for many. But the actual technology is selling. If they get more contracts it will move up.

[stealive] 25/1/2017 15:46

A few million more sales and this will turn.

[apfindley] 25/1/2017 14:37

Oh dear I did are you all a couple weeks ago not to follow the pumpers into their latest pump n dump.This company has already proven to be a dud.Get into PIRI Pires investments instead.£1m market cap cash shell700k cash80% shares accounted forOnly 6 million shares in free floatSeeking oil and lithium assets.Once it announces, could do the same as Mercom did and TENBAG.....PIRI

[cudmore] 25/1/2017 14:10

AST the next one ready to rocket.

[barnetpeter] 25/1/2017 13:21

I reckon fitb is a dawg. That did not stop me putting cash in though.....I still remember the amazing jump to 24p.

I dont think anyone can know what is next. A m£ placing is amazing for a small cap like this.... and the company can now do anything it likes. There can be no argument in the future.....a lot of cash has been invested here by a lot of people and they now need to deliver. Which they might of course.....

[ravin146] 25/1/2017 13:12

As i said earlier, all teh signs of a placing were there...

Whenever their broker hybridan ramps up their stock...there is a placing. Welcome to AIM.

Hybridan Retweeted
Lynsey Barber ‏@lynseybarber Jan 18

Remember UK wearable tech company Fitbug? Shares are up more than 130% hxxp://www.cityam.com/257286/fitbug-shares-going-berserk-after-new-deal …
2 replies . 2 retweets 8 likes
Hybridan ‏@HybridanLLP Jan 18

.@FitbugActive: New customer win covering 14k employees - … #AIM $FITB.L #digital #wellness #wellnesswednesday #Fitbug
0 replies . 1 retweet 1 like

The certainly would have known they intended to do a placing when the share ramped up, voluntarily suspended its own shares and then rushed to released a tarding update to please the regulators imo.

Nevertheless...teh news was positive and great start to teh year ahead pipeline corps they mentioned.

imo, dyor,gla

[cpap man] 25/1/2017 13:00

My interpretation Dusseldorf is that they think that FITB is finally about to work and work big time....so have given them 2017 to prove it!

If not then it is plan B time i.e. RTO time!

As always time will tell though as i stated earlier....

Once again AIMHO / DYOR

[supercity] 25/1/2017 12:56

The company released the rns and yes they would have known about the placing - these things take time to organizeGoogle pump and dump - Wikipedia even had advfn bulletin boards mentionedThey buy a few weeks ago, pump it up then it snowballs, then they sell their original shares plus all those they know are coming to the market at 0.2p while private investors are trying to average down and losing more moneyI was among many trying to warn people these spikes nearly always are the result of a pending fund raise - seen it many many times before.Churchill shareholders couldn't see their holdings being suspended either and now all wait for the inevitable delist imoVAST is another one that will soar or suspend while they await a new nomad and KOD is another one currently being pumped

[mudbath] 25/1/2017 12:45

Looking at my timing for any future purchases of FITB shares;should they continue to weaken towards that 0.12 it is worth remembering that the MMs flagged up the impending spike on Jan 16th when they suddenly started bidding for multi million shares @ 0.151 and subsequently purchased any offered whilst advancing their bid to 0.17 over the next 24 hours,with the first RNS and ensuing spike occurring on the 18th Jan.

Any similar market activity would,for me,signal another serious buying opportunity.