Not quite. Nice bounce from the day's lows. The lumberjacks must have pushed this tree back up. Good action everyone. This could be the day of capitulation. Plus, it let me add more shares. Sweeeeeet!
LOL!!! Thanks Winston. I needed that. You must be the only one on this board that hasn't taken a bath on CYCC. Good for you. Hopefully all of our fortunes will turn around and we will be a winner like you.
Lesson #1, with good news also comes a reverse split/dilution. Lesson #2, never trust Rombo. Lesson #3, Rombo's Trapezoid will take all of our money. Sure, we may some day see a big payoff but I'll believe it when I see it. Still a holder.
Good post sono and practical advice. I would say an upgrade of an existing Fitbit to a new surge is still a sale and good for FIT. You don't think Apple likes iPhone upgrades from generation to generation as they come out?
Doesn't it seem a little like the Grinch picking up the last little crumb from Cindy Lu Who's house? There is no limit that Rombo will steep to in order to stop Christmas from coming for the shareholders.
The market may go down for a while longer but you are right about FIT. When the stock gets to $120 sometime in the future or bought out at much higher prices, it does not make a big difference whether you bought in at $42 or $39. Don't be one of those guys waiting around for the absolute bottom only to see it spike and you never pull the trigger. That happened to me in BUD and MPC. Both eventually went up 50% or more and I missed the boat.
that this latest market softness is exactly what the doctor ordered? We needed a breather. I think ULTA will spike on earnings. Act fast and make a killing.
Skyrocket into earnings? Magic 8 Ball - all signs point to yes. Buy, buy, buy!
Finally got my order filled. If it does go below $200, I'll double my position. If it gets down closer to $150, I'll quadruple it. It's worth too much to get that low in my opinion. This reminds me of Pharmacyclics which had a breakthrough drug and I tripled on that one.
How's that short working for you? I know, you really aren't short ULTA. You were just figuratively speaking. Although I agree that Cramer is an entertainer, he is bound to be right once in a while. He's right on ULTA. Buy, buy, buy!
Be very afraid when Rombo speaks. Especially when he says there will not be a need to dilute as long as he is CEO. That's a signal that we are about to get screwed. R E V E #$%$ S P L I T coming soon.
All they have to do is provide a plan to become compliant. So reverse split in 3 to six months meets compliance. Lucky shareholders.