Fitbit part 2 coming soon. $34.55 today but a short squeeze is going to push it north of $37. Then go all in. Its not going to grow much more. The the PE gets cut by 67%. Growth is flattening. AMZN will kill it. http://www.nasdaq.com/article/6-signs-amazoncoms-best-days-are-ahead-cm768470
Hmm... you think? Maybe Amazon will buy it Steadily going upwards in numbers... not a bad thing there...
Even a midget will grow to 4 feet. It was a baby. Fitbit grew too. Growth is anemic in another year on this one. Plus Uber is going all out here too. And AMZN already has the model and then some. You're a friggin Aussie lol... hit the Outback Steak House and pipe-down. Go get a bloomin onion and a Fosters. Nobody rang your bell
I'm looking for a $38-$39 entry before I buy the puts. Earnings are 5/2(est) Patience ... adhd is a trader's curse.
If I can say I have learned one thing at ET.... its to respect T/A. I didn't enter GRUB because of the chart. 2 Years ago I would have lost 100% on this thing playing the puts over earnings. I thought it had $39 in it and waited. Gapped up to $44. Now its on the radar for sure as a play, but patience paid off. Thanks ET T/A gurus... Eganon etc)