Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It is not what Fitbug (FITB) says in its year end trading update which is alarming but what it does not say. Mr Market was not fooled by this hogwash and the shares are off 20% at 0.9p. That makes the shares still overvalued by circa 100% but the final demolition of this POS, which was ramped so disgracefully by certain folks, can wait for 2016.
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Comments
Lonster
Swap out Kate Winslett for Rita Ora and I’ll dive into those icy waters head first. As for Fitbug, does anybody know of anyone who wears one of these things on their wrist? 60K Shareprophets readers, surely one of you must possess one of these? Does it measure anything useful, like beers or wines consumed?