Is Fitbit Is Facing Tough Competition From Apple And Xiaomi?

Discussion in 'Investment Charts' started by ILoveTech, Aug 22, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Missed this one! This is starting to get annoying lol
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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  3. Chartman

    Chartman Senior Investor

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    Cant wait for the next product from this little gem - possibly the next "Apple"?
     
  4. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I recently sold a modest position for a nice profit at ~ $7.30 when it popped up after Citron said they would likely be bought out by Google.

    I've had pretty good luck buying into stocks after Citron has said they were short, and also by selling stocks I already own after Citron said they were a buy... :D
     
  5. Buyonthedips

    Buyonthedips Senior Investor

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    If it works for you my friend - stick with it :)

    I think the stock has good potential and the ease and relatively cheap price that new apps can be rolled out at these days makes it look very interesting in the short, medium and long term.
     
  6. gowiththeflow

    gowiththeflow Senior Investor

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    Its looks as though Google have bagged a bargain - the data they will have access to will be mind blowing. Will they abuse it in the future :)
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    This takeover came from nowhere - or did it lol (look at the graph just prior to the news)

    A sensible move by Google and one which sets up an interesting long term battle with Apple.
     
  8. Buyonthedips

    Buyonthedips Senior Investor

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    Which other similar companies might be in play now?
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    There must be a lot of former high flying tech companies in play? Ones which have maybe struggled with funding but still have a decent following? Anyone suggest any other ones we should be looking at?

    Might I suggest WeightWatchers (although not a tech company I know) which is showing signs of life again?
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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