Park will be talking to Cramer tonight. when he open his mouth then FIT dives, it is proven over and over again. FIT is a great company with potential to make shareholders real rich but for God sake Park needs to hire a speaker who knows Wall Street language.
Wow, this is bad news, when he open his mouth then FIT dives, it is proven over and over again. FIT is a great company with potential to make shareholders real rich but for God sake Park needs to hire a speaker who knows Wall Street language.
FIT will either be in 20s or being acquired by next quarterly report. Shorting FIT is death wish, simply giving your money to charity beats shorting FIT, at least you can deduct a good portion of your charity for tax purpose but shorting FIT is like committing suicide.
One of these days you wake up and FIT is up 7 to 10 points because Microsoft, Google, United healthcare or Under Armor acquired it. This will happen sooner than later, in fact it is obvious FIT with or without take over will be in upper 20s before end of 2016. Take a look at Advanced Micro Device, the shorts are getting killed, the stock in 6 months went from $1.61 to $5.50 almost up 200% just because they came up with new VR technology. Today the only tech is red hot is wearables and FIT is the king in this field.
Apple watch! What a loser, I work in an organization with several thousand in the one building, many many people are wearing one kind of FIT, and amazingly I have yet to see even one person with Apple watch.
See you all when FIT is in upper $20s.
Before Quarterly Report FIT will be taken over. Addidas, Under Armor, Microsoft, Google, United Health care and more and more companies are interested in FIT, these companies have great names and big pocket and need FIT for their growth. Take a look at LinkIn, all I see people put their resume in it and employers look in to it for candidates. Who ever thought MS would buy such company, but FIT is hot just like iPod or iPhone was. Park is great inovator and sees what market needs but boy when it comes to PR and Wall Street he really really sucks. For now four quarters the company is doing great and stock dives after Park talks, something is seriously wrong with his way of talking to Wall Street. Luckily this wouldn't last long and take over is coming faster and he can't screw up the share holders over and over again. Just one of these days before the market opens you will see FIT is up 5 to 7 points on take over target. Mark this message and I will be back again when it happens. GLTA
One of these days you wake up and FIT is up 5 points, cause Microsoft, Goog, Under Armor or United Health care made an offer to acquire the company. There is no way these big boys leave FIT alone. FIT is the Leader in Wearables world, great products, zero debts, $1 Billion cash, so it is the greatest take over target. Frankly the only weakness is FIT is Park, he just can't deal with the sharks in WS, he can't talk or when he talks they don't like what he says. May be if he hire someone to talk for him in the next Quarterly Report then the the stock will jump a few points, but he is proven to mess it up for 3 consecutive quarter so far, one the above mentioned company can take FIT over and make the shareholder richer than what Face Book did.
I don't believe FIT can continue like this with a huge number of dissatisfy share holders.
Sorry, please read my message "Contact FITBIT" your message shows how stupid you are.
Dear FITBIT Shareholders,
You can either continue to post your messages here against the CEO (PARK) and you get nowhere or like a real investor email the company’s IR email - email@example.com or call them IR phone 1-415-604-4106 and express your dissatisfaction with the way CEO handles his speeches after every ER and as the result the stock nose dives, also let him know we are waiting for response to this recent HR inaccuracy.
Putting down each other here @ this message board and arguing with shorts or vice versa is just so stupid and doesn’t get anyone anything at all. If you need to get something done, then be professional and act on it so everyone reap the benefit.
FIT will be back and will go back to 15 next week, in this market every company is trying to kill another company. FIT is the king of Wearable and will stay there, this stock will be in high $20 before Q2 ER. Just sit tight and don't listen to #$%$ from media and bunch of kids on this board.
He should give the full year guidance like every other company and shut his mouth about next quarter, this means full year guidance was great and Wall Street and public didn’t need to know if FIT makes less or more for the following quarter. He did this in the past two quarterly reports. For example last night I was listening to CISCO projection for the full year and was great, their CEO never mention what their sale would be for next week, next month or next quarter. Park needs to give full year only guidance and shut up, if he did it without anything else then FIT would have been $25-$28 now not $14.
One of these days you wake up and read the news that FITBIT is acquired by Nike, UA, Apple or Samsung. Everyone wants to get to FIT Wearable hot market and the big boys don’t want to reinvent the wheel. FIT is on top of the list, they have healthy cash flow and no debts and their product is like when iPhone/iPod first hit the market. I would be surprised if FIT refuses a very attractive package. This stock will continue to climb up until it is in $20s, hopefully it will be sold before Park’s Q2 ER meeting. We all know what’s going to happen when he talks! He is already proven to open his mouth and take the stock down 4 to 5 points; he has done it for last 2 quarters. But the good news is the company by Q2 FR report will be part of one of the above mentioned big boys club. More and more sound like Nike cause UA is much smaller than Nike but eating Nike’s dinner faster and faster and in order for Nike to catch up they need to have a solid Wearable brand name to kill their competitor and that company called FITBIT.
A few days ago I posted about possible FIT being taken over by AAPL, Nike or Under Armour, today there is a rumor about Apple interest in FIT. As I mentioned, before Q2 result FIT will be bought by one of this Giant, I bet Nike or Apple will pay $20 to $25 a share for it and take it over. Apple like FIT as is and doesn't want to compete with another giant like Nike! So the best thing is to buy it before Nike or UA. Again mark this post, FIT one way or another will be between $25 to $30. AAPL, Nike or UA all know how to deal with Wall Street, FIT itself is a great company and in right place at right time, only problem is Park doesn't know how to deal with Wall Street sharks other wise what company do you ever know to beat the estimate and grow revenues over 50% and its stock goes down 25%, this is only and only Park's not knowing how to talk in ER conferences. Bottom line watch this baby continue its upward back to $20s before next ER and when it is acquired then $25 to $30. I see more and more people running, walking and all kind of work out wearing FITBIT, all you need to do look around you, this is like when iPod just hit the market but even bigger cause everyone wants to loose weight and look better and sychologically making them feeling better keep track of their workout and health.
Just watch this stock to be in 20 in no time soon, and I bet either Under Armour or Nike will buy it in $20s to $30s per share.
Under Armour, Nike or even Apple will buy FIT before year ends.
Apple, in the Q1 reports, Cook mentioned they are going to acquire small companies as they need to, their Apple Watch was not a success story and they usually pick the acquire small companies who benefit them not a looser, this will make FITBIT a prefect candidate.
Under Armour, they have everything sports and desperate for Wearable, it is missing and with FITBIT they can sure be ahead of the game.
And finally good old Nike, they are not going to sit tight and lesser, smaller AnderArmour eat their lunch, with FITBIT their collection is complete.
Park is actually a great CEO from running business, he is just not made to deal with Wall street crooks, if the same Q1 report came out of ant SP 500 companies then the next day their stock would have been 25 to 30% higher. As everyone mentioned, he didn’t have to give any guidance for Q2, all he had to do report the guidance for entire year! May be and only may be he learned his lesson, but I believe one above mentioned giants will eat FITBIT if not this quarter but for sure in less than six months.