Fitbug Share Discussion Threads

[mudbath] 08/3/2017 12:12

The interesting pattern in FITB trades is continuing to develop.

Although the share price has supposedly suffered a double mark down this morning,the MMs have not budged their bid of 0.134 for up to 10 million.this mirroring the recent activity seen last week when the quote was again 0.13/0.135;this price representing the very bottom of its trading range(so far).

[mudbath] 08/3/2017 09:13

The supposed 0.01pence markdown in the FITB share price this morning only brings the quote more in line with the actual prices offered over recent days.
The MMs though continue to seek large parcels of stock and are currently bidding 0.134 in 10 million..
I would therefore not be surprised if the share price were marked up quite significantly before too long,even though everything might presently look pretty bleak to the casual observer.

[pwhite73] 07/3/2017 13:15

This company recently had a placing at 0.20p. You can't have it both ways. You can't argue all the sells are in fact buys but the share is still heading further south.This would only be true if they were working on another placing so soon.

[mudbath] 07/3/2017 11:06

PWhite73
All your "continual sells" are in fact buys.
Despite the modicum of buying,the MMs only quote around 0.135 should one wish to sell.
My view is that FITB will test 0.12 pence before long.

[pwhite73] 07/3/2017 10:44

I like the fact the share price seems to have stabilised despite the continual sells. It does suggest to me that the next positive news will have a very positive effect on the shares.

[ravin146] 07/3/2017 07:44

Fitbug is at a major wellbeing convention in Birmingham today...agree more deals?!Imo, dyor

[ravin146] 04/3/2017 08:47

Who is this directed to...a new client in Canada or just chasing clients?!Fitbug? @FitbugActiveFood for thought! #OnYourBike EmbeddedBrent Toderian? @BrentToderianYou save society 60 cents in health care costs every time you ride a bike 10km in #MetroVancouver. Via @discoursemedia. #CityMakingMath

[currypasty] 03/3/2017 09:05

well chuffed I passed on the placing...
however, after raising that amount of cash at .2, its probably oversold now, so ive bought a few this morning

[mudbath] 03/3/2017 08:55

The MMs want your Fitbug shares...any amount.

[mudbath] 03/3/2017 08:28

Thanks digger2779.

"But Gunnell has also been carving out success in the world of business.

The entrepreneur launched her own corporate wellness programme in 2010, and most recently, has joined forces with up-and-coming digital fitness platform Fitbug.

This aims to help companies to improve staff health, so that we can all live happier, more productive, positive lives.

A busy woman, with big ideas, The Memo asked Gunnell how she gets it all done."

[digger2779] 02/3/2017 23:19

hxxp://www.thememo.com/2017/01/19/sally-gunnell-fitbug-app-fitness-app-sally-gunnell-business-corporate-wellbeing/

[ochs] 02/3/2017 21:35

Thanks, it may well take patience again. At least we know they'll be around in one form or another for a bit longer based on the recent fund raise.

[mudbath] 02/3/2017 15:37

Nice one Ochs.
The MMs will take 5 million FITB shares at above mid price,despite their having already bought a similar amount over the past 15 minutes, so it does look as though they might have a home in mind for the stock.
They could of course be just balancing their books;yet either way the current trading scenario looks better than at any time since the last upward movement when both you and I exited.
Imo NW1, or others in the concert party,need only to hint,even obliquely,that they might have some plan for FITB and all hell would be let loose,pricewise.
It may never happen;yet, if I were a member of that concert party,I would make sure it did,if only to recoup the £10 million already used in supporting the company.
I am hopeful !

[ochs] 02/3/2017 14:24

Having sold my previous holding at 0.6p on the January spike I took the plunge and bought it back yday (at a fraction of the cost) for 0.138p as there seems to be a lot of buys recently and I like the NW1 (potential) story.

[mudbath] 02/3/2017 09:40

Having just posted that there is no sign of a turnaround,I see that there is now some demand for the stock at above mid price.
I have taken the hint and bought a few chunks @ 0.135.

[mudbath] 02/3/2017 09:22

The decline in the Fitbug share price is persistent in its nature.
It looks to me that the MMs are pretty happy to oversee the rout.
There is no sign yet of any turnaround although we could well be approaching a level that might prove fertile for at least a temporary change in sentiment.
An interesting company to watch in what would be its last months but for the support of NW1 et alia.

[dusseldorf] 01/3/2017 12:21

mudbath - Love that quote. I have no hidden agendas on here, I try to be clear at all times (both stating when I've bought and sold). I guess some people don't like hearing a view that differs to their own. I only filter the people who are just plain vile, any view other investors have on what they believe will happen is fodder to debate whether I agree with it or not. This is a discussion board after all.

RE: NW1, I hope they don't go anywhere, as that will remove my confidence to hold, but AIM has taught me anything is possible. Results will show an improvement in balance sheet and be spun as work in progress, would be good to see where the cash burn is at as I very much doubt the company will be able to raise any further funds in market based on the last disaster so this may precipitate an RTO or 'other' intervention from NW1.

Off topic - If you're into 'bottom fishing' for recovery stocks, take a look at LCG, I've bought quite a few of late (between 2.25 & 3.8p) with a 3 year view, my personal target is circa 10p. The market seems to have forgotten the trading update issued in July "the immediate impact of the UK's vote to leave the EU has been materially positive for the Company in terms of both revenues and profitability." and the CEO has converted majority £xm debt at 5p (4.7p if you factor uplift) Besides one or two other posters it seems no-one is interested.

[mudbath] 01/3/2017 11:29

Dusseldorf.
Rudyard Kipling would certainly not have you on filter !

"If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;

If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise:"

NW1 wont be going anywhere will they ?

[dipla] 28/2/2017 23:13

*not investing/shorting at all