Friendable Inc (FDBL)

[old biohf guy]

You are working under the false assumption that every stock has a bottom price where if you buy you are getting a bargain. But this is not true. Sometimes the stock has no value and the price will go to zero. This company has no value IMO as it is in a very competitive social media arena where they need to get 100 or 1000 times as many downloads as they are getting now to be profitable. Remember, only a small percentage of free downloads will result in paying customers. They would also need to get critical mass of users and they arent there.

Like a airplane in a steep dive, some will pull out and some will crash and burn.