I was never suggesting Fitbit as a long term stock... it was a 3 month
play, that actually happened in one month... 15% return in 30 days is
pretty good. I would never invest long term (over a year) in a single
stock... all of my long term investments are in mutual funds, etc from
places like Vanguard and Oppenheimer and T Rowe Price. They are seeing
6-10% annual returns depending on which fund (I currently have eight).
These single stock picks (like GoPro and Fitbit) are just play money...
put a little in, and hope for 10-15% returns in a few months. :)
Travis
On 8/3/2016 11:45 AM, Paul Stewart wrote:
The whole investment thing is made up of risk so what’s a bit more? ;)
I’m personally not a big fan of Fitbit stock – massive declines at
each of its first quarterly reports .. down 70% on 52 week high ….
Their sales model is very weak and filled with a lot of competition so
don’t see this stock going back a significant amount long term ..
Just one person’s opinion and with investments you’ll find a LOT of
opinions… some right, some wrong …
Paul
*From:*Af [mailto:[email protected]] *On Behalf Of *Chuck McCown
*Sent:* August 3, 2016 12:24 PM
*To:* [email protected]
*Subject:* Re: [AFMUG] Fitbit stock
If Travis is sure about his picks, then he stands to earn 20% of the
take with no skin in the game. Of course there is that minor tiny
downside risk ....
*From:*Mathew Howard <mailto:[email protected]>
*Sent:*Wednesday, August 03, 2016 10:21 AM
*To:*af <mailto:[email protected]>
*Subject:*Re: [AFMUG] Fitbit stock
It would probably make it slightly difficult to get many investors
after the first few...
On Wed, Aug 3, 2016 at 10:43 AM, Simon Westlake <[email protected]
<mailto:[email protected]>> wrote:
I'm not sure a ponzi scheme works very well if every single
investor knows it's a ponzi scheme
On 8/3/2016 10:23 AM, That One Guy /sarcasm wrote:
Federal prison isnt that bad
but is it really a ponzi scheme if everyone invested knows
what it is?
On Wed, Aug 3, 2016 at 8:43 AM, Simon Westlake
<[email protected] <mailto:[email protected]>> wrote:
Now there's a business idea. If we all do it, he could be
the next Bernie Madoff. Just make sure I'm towards the top
of the pyramid so I get my money out first!
On 8/3/2016 8:41 AM, Chuck McCown wrote:
Hey Travis,
How about you manage some money for me. I give you
20% of the realized gains but you agree to cover any
losses?
-----Original Message----- From: Travis Johnson
Sent: Tuesday, August 02, 2016 6:11 PM
To: [email protected] <mailto:[email protected]>
Subject: [AFMUG] Fitbit stock
Well.... did anyone take my advice and buy Fitbit
stock a month ago? You
could have made 8% just today... that's 96% APR. :)
Travis
--
Simon Westlake
Skype: Simon_Sonar
Email: [email protected] <mailto:[email protected]>
Phone: (702) 447-1247 <tel:%28702%29%20447-1247>
---------------------------
Sonar Software Inc
The next generation of ISP billing and OSS
https://sonar.software
--
If you only see yourself as part of the team but you don't see
your team as part of yourself you have already failed as part
of the team.
--
Simon Westlake
Skype: Simon_Sonar
Email: [email protected] <mailto:[email protected]>
Phone: (702) 447-1247 <tel:%28702%29%20447-1247>
---------------------------
Sonar Software Inc
The next generation of ISP billing and OSS
https://sonar.software
