Fitbit Inc fka FIT

[CharlesMartin1]

If they announce that it’s sold everyone will be rush back in. ??

[CharlesMartin1]

Why in the hell are people selling into the run-up? Idiots...

[Timetravelerdos]

FIT hasn't been over $6 since April and the 52 week high of $6.96 is in range!!!! Lock and load Go Long with FIT. Well played FIT and GOOGLE !

[Timetravelerdos]

Going to be a Fabulous finish today!! Over $6 Well done FIT and Google !!

[Timetravelerdos]

Exclusive: Google owner Alphabet in bid to buy Fitbit !!!

(Reuters) - Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc, as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday.

https://www.reuters.com/article/us-fitbit-m-a-alphabet-exclusive/exclusive-google-owner-alphabet-in-bid-to-buy-fitbit-sources-idUSKBN1X71NY

[CharlesMartin1]

That would be great

[CharlesMartin1]

$7.75 or so....

[life143]

What would that put the $FIT value at? Seems like that’s a great deal.

[CharlesMartin1]

I read some comments from the UK and the rumour is that Google offered them $2 billion.

[life143]

$10 easy call for $FIT

[ClayTrader]

* * $FIT Video Chart 10-28-2019 * *

Link to Video - click here to watch the technical chart video

[CharlesMartin1]

I wonder how much run this one has in it.

[Expresso123]

Fitbit Shares Up 38% on Report of Bid By Alphabet

[makingitnow]

just did a little DD myself and there are a couple articles so I would say it is real. in @ 5.44 earlier today and gonna see what happens.

[stocky101]

I picked it up on CNBC so most likely it is true. I can see $10-$12 for FIT

[makingitnow]

so what is your estimated buyout pps? is this still rumor?

[stocky101]

Maybe we will hear about the purchase in the earnings call

[stocky101]

And let’s not forget alphabet has lots of money so they will definitely pay a premium for this

[stocky101]

I could see a 200% premium for Fitbit stock

[Pstats]

OMG!!!! CHRISTMAS CAME EARLY !!!

[#1pennytrader]

$10 if buyout occurs.... Go FIT

[MonstaGains]

The official smart watch/fitness tracker for Android smart phones comingggggggggggggggggg weeeeeeeeeeeeeeeeeee

[MonstaGains]

$8+ coming LETS GO!!!!!!!!!!!!!!!!!!

[bleu22]

BOOM, suck it shorties...

[realfast95]

Fitbit (NYSE: FIT) today announced that it has undertaken a plan to shift its manufacturing operations outside of China for effectively all of its trackers and smartwatches. As a result, starting in January 2020, the company expects those products will no longer be of Chinese origin and therefore not subject to Section 301 tariffs.

“In 2018, in response to the ongoing threat of tariffs, we began exploring potential alternatives to China. As a result of these explorations, we have made changes to our supply chain and manufacturing operations and have additional changes underway,” said Ron Kisling, CFO of Fitbit. “Based on these changes, we expect that effectively all trackers and smartwatches starting in January 2020 will not be of Chinese origin.”

The company will provide more details of the financial implications of these tariff mitigation efforts during its upcoming third quarter earnings conference call.

[whytestocks]

News: $FIT Why Fitbit Stock Gained 23% in September

Investors in Fitbit (NYSE: FIT)  beat the market last month as the stock jumped 23% compared with a 2% increase in the S&P 500 , according to S&P Global Market Intelligence . That rally wasn't strong enough to return the tech specialist to positive territory for the year, tho...

Read the whole news FIT - Why Fitbit Stock Gained 23% in September

[whytestocks]

News: $FIT Why Amazon Should Acquire Fitbit

At long last, Amazon.com (NASDAQ: AMZN) has jumped into the wearables market. The e-commerce tech giant has been steadily expanding its first-party hardware portfolio in recent years, focusing primarily on smart-home technology, where it enjoys a strong first-mover advantage. This week, Am...

Got this from FIT - Why Amazon Should Acquire Fitbit

[whytestocks]

News: $FIT If Fitbit Finds a Willing Suitor, it Should Take the Offer

The bounce Fitbit (NYSE: FIT) shares made on rumors that it was putting itself up for sale has since faded. But, the proverbial cat is out of the bag. The fitness tracker company finally seems to have accepted it can't continue as a viable entity on its own, particularly now that Apple (NASDA...

Got this from FIT - If Fitbit Finds a Willing Suitor, it Should Take the Offer

[realfast95]

November $4 for .29-35, were already active before today.
And they didn't sell


2019-09-20 3:59PM EDT 4.00 0.58 0.50 0.53 +0.29 +100.00% 1,941 25,839

[ClayTrader]

* * $FIT Video Chart 09-20-2019 * *

Link to Video - click here to watch the technical chart video

[Pstats]

NICE TO SEE FIT MOVE! Keeping this one for long !!! Maybe 3 yrs

[realfast95]

Fitbit shares are trading higher after Reuters, citing sources, reported the company is in talks about the possibility of exploring a sale.

Sep 20, 2019 2:00p ET

[ClayTrader]

* * $FIT Video Chart 09-12-2019 * *

Link to Video - click here to watch the technical chart video

[Eagleize]

Amazon may take over company with Alexa built into new watch.

[ClayTrader]

* * $FIT Video Chart 09-06-2019 * *

Link to Video - click here to watch the technical chart video

[stocky101]

It’s gonna pop with news now that Trump is extending his meeting with China On trade talks

[Neo_21]

I smell pop coming from short sellers...!

[Pennymonsters]

This one is burnt toast

[rawiron1]

Nope, got hosed.

FIT

[VERITAS77]

Nice 500% move today.
$6C@tm .03 x .04 Thursday
Todays high .20x .21 Call.


See Thursday posts.

[stocky101]

I take it you dealt well with your put

[stocky101]

Apple has got this all wrapped up, they will own healthcare along with Amazon

[stocky101]

This stock is toast, as soon as clay shows up this thing is going below $5

[VERITAS77]

30Million shares Short Squeeze Covering going forward.
With $1.5 Billion '18Revenue.
The average person buys extra $100-150 devices with minimum wage increase yearly now.

[ClayTrader]

* * $FIT Video Chart 02-28-2019 * *

Link to Video - click here to watch the technical chart video

[VERITAS77]

This should Reverse to the upside with 2X Earnings beat.

[VERITAS77]

$6.25-6.50 tomorrow
Looking range.

[rawiron1]

I have a $6.5 put $7.0 call options strangle with a 3/1 expiry. Paid $72 For it last week.

FIT

[GoldenMind]

Expecting a beat and a squeeze here. Best buy was a nice sign

[x1power]

Does it take a lot of mental ability to foresee APPL, MSFT, etc. looking at FIT/GOGGLE relationship and being envious? Also major medical device makers watching FIT and shouting 'where is our stake in this!'.

DTs, Quants, and Insta-toots and competitors trading FIT?

And . . . what are we seeing herein (daily stock action)?

Slow climb to next PR effects . . . or more shorting set-up?

MB posters here have alluded to traces of positive sales evidence for FIT products via online rankings of hot products listings. What to do?