Fitbit stock were at $50 last summer but sank to a quarter of that through the winter. They have been seen as competing with Apple watch and coming second. Fitbit, at their last results, were financially healthy, with no debt and a small mountain of cash. They show exponential sales growth and make a gross margin of 48.2% . I am long as of last week @ $1.70 and have had a roller coaster ride so far through all the shorting. Will they surprise or disappoint. If you comment it is only fair to mention if you have an interest short or long.
Submitted April 20, 2016 at 04:56PM by homosapienfromterra http://ift.tt/1SufOWL
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