We're all here for the money. There is enough for everyone. Don't be a dick.
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Any hope for this?
I agree. Even at 500% profit, I took out my initial investment and then some.
Still have plenty of shares to let ride.
Been in that "Let it ride" scenario where I ended up holding the bag. That is no fun.
[quoteKilled me to do it but had to take profits. Hit 1100% profit today. I know it will
Keep
Going left a small
Position][/quote]
Yeah that is his real hair.
He shaved it off his chest to make that wig.
Nice! I think this is just the beginning of great things to come.
NEW YORK, NY / ACCESSWIRE / December 2, 2020 / FingerMotion, Inc. (OTCQB:FNGR), a mobile data and services company, is pleased to announce that its contractually controlled subsidiary, Shanghai JiuGe Information Technology Co., Ltd., and China Mobile Financial Technology Co., Ltd., a subsidiary of China Mobile, have signed a strategic cooperation agreement to explore and create a new forward-leaning business model that combines the traditional loyalty point redemption business with an e-commerce platform designed to create a higher evolution of brand loyalty.
From the beginning of 2020, Shanghai JiuGe Information Technology Co., Ltd. has actively sought cooperation with China Mobile Financial Technology Co., Ltd., given China Mobile's years of experience in the financial services industry. Currently, of China Mobile's estimated 900 million subscribers, only an estimated 600 million currently participate and accumulate points within the loyalty reward program, often referred to as "Points Mall", meaning there is still plenty of room for growth. These estimated 600 million subscribers have accumulated an aggregate of points worth an estimated 20 billion yuan (approximately US$2.86 billion) (Source: China Securities Journal, "China Mobile will open "points", customer points worth over 20 billion Yuan", Yang Jie, November 15, 2019).
The "Points Mall" business is the US equivalent of a loyalty rewards program. The program uses "points" as a form of currency that allows users to exchange them for products and services. The loyalty program strives to keep its content fresh and is on the lookout for partnerships with other unique brands to expand the universe of redemption products and services offered. The gross margins on these transactions are expected to be between 10 - 30%.
The most vital component necessary to conduct all e-commerce in China is an integrated mobile payment and processing solution, often referred to as a mobile wallet. Hebao is the largest integrated mobile payment & processing solution branded under China Mobile's license. Transactions on this mobile payment platform have exceeded 2.1 trillion yuan (approximately US$300 billion) annually (Source: Beijing Language and Culture University, March 15, 2019), making Hebao China's third largest mobile wallet behind Alipay and WeChat pay.
"This latest agreement continues to represent an evolution of our business plan," said Martin Shen, CEO of FingerMotion Inc. "We are leveraging our core competency which is essentially the monetization of large user bases, and employing it in new applications. In this case, the application is the loyalty marketplace, which is undergoing a rapid digital transformation and our company is actually driving its evolution. Users need choice, and by providing them with intelligent options, supported by our learning algorithms, we are more likely to connect with the user on a higher level. We are very fortunate to be partnered with China Mobile because our access to a trusted mobile wallet takes the struggle out of developing this loyalty economy. Our team has the resources it needs to take on all the major mobile wallet platforms."
About China Mobile Financial Technology Co., Ltd.
China Mobile Financial Technology Co., Ltd. is a wholly-owned subsidiary of China Mobile Communications Group, with a registered capital of 500 million yuan (approximately US$72 million) (Source: China Mobile, Form 20-F, filed with SEC, April 2020). The company went live on December 18, 2019 with the goal of becoming a first in class social platform that offered products, services, and financial solutions as a mobile payments provider.
About FingerMotion, Inc.
FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China's largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the Company is developing additional value-added technologies to market to its users. The vision of the Company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the Company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.
For further information e-mail: info@fingermotion.com
718-269-3366
Nothing is a conspiracy theory if you ask me.
I just like to F with those that think that way.
Things like:
The government hiding UFOs.
Neil Armstrong never landed on the moon.
Trump actually won the election.
FNGR will actually have a short squeeze.
And many others....
Willful ignorance on both fronts, even in these crazy times not everything is a conspiracy theory...Don’t quit your day job
Got in today early and still made 50%.
Anyone care to share their exit price projections?
Not so sure.
Did we actually land on the moon? That’s a more important question.
If the short walks away and the brokerage is left to cover, would you think that they would wait until 2021 to do this and not have the tax implications in 2020? It is only a month and it gives them a year before it shows up on their bottom line for the IRS.
Just a thought.
The number of views the YouTube video of the CEO has today.
Dismally low.
1278
Short Squeeze is coming soon.
Well someone told me this will hit $30 shortly, so I bought a few shares.
Say hi to Mary, Janie, Pete, Tommy and Zuzu for me.
News is coming soon.
Buy the rumor. Buy the news.
Buy. Buy. Buy.
You do have too much time on your hands.
Where do we go from here?
I heard a rumor of a short squeeze. Anyone else?
While we wait....
Is there a play here?
Maybe short this?
Lets hope we get over that $5 hump!
Can you stop big data companies?
https://gizmodo.com/can-i-stop-big-data-companies-from-getting-my-personal-1845582028
Thanks for nothing.
Nothing yet
That must of been some conference.
Probably all still hung over.
Not much action on this board.
Anyone?
Anyone?
Buehler?
Anyone hear anything about Friday's conference?
Does someone know what this means?
I use the OTC Markets website here: https://www.otcmarkets.com/stock/FNGR/quote#level-2 to get real time PPS share data and glance at trades.
I noticed today (and maybe it has been there before and I didn't notice) that there is a small "c" in front of the Market Makers ID today.
Anyone know what this signifies?
TIA FNGR
Well that would be fantastic!
Be happy to be proven wrong!
I am certainly no expert as I have previously said.
My source told me to tell you if you think it will take 1 year to get to %100.00 a share that it will be much SHORTER The short will not last that long We will see stay tuned
I am probably not the best person to ask. lol
Personally, I think if you are willing to go long term (1+ years) you will see the PPS hit triple digits. Based on what I see the following based on my notes:
-Uplisting off the OTC. (based on CEO video)
-Partnerships with large insurance companies (CEO video inferred and conference someone picked up on yesterday)
-Low float and non dilutive financing (data and CEO video)
-Picking up a PR firm to get the word out (hoping they do this soon)
The data is free and all they need to do is monetize it, is my understanding. So profits on that are infinite, right? lol
(notice I did not include short squeeze)
Anyone have anything to add?
I hear ya. What's your thoughts on the market cap at given prices considering they haven't made a profit? I have $ wanting to get in but of course I don't want to pay more than I need to.
Good call. Wishing I had sold at $7+ and bought back at $4+.
I think though, that you may not find this closing below $5. The CEO mentioned uplisting in his video. My understanding the PPS has to stay above this level in order to make it so. Could be cause for keeping it here (or above). Would do wonders for the visibility of the company, IMHO.
Profit is profit. You can't go broke taking it. Also, yes I am.
Sad how weak people need to prop up their ego by putting others down.
Society of Actuaries presentation....
https://www.soa.org/prof-dev/events/2020-predictive-analytics-hong-kong/#tab-71466-selected
See 14:40 – 15:15 – Session 5:
Big data enabled lifestyle underwriting - ecosystems of insurance transformation
Moderator(s): Joseph Kim, FSA, CERA
Presenter(s): Haibo Liu, FSA, CERA, Head of Business Development and Actuarial Advisory, Finger Motion ; Sarkin Lee, Head of Data Anlytics (Life and Health), Munich Re
Session Description:
Exploration of different digital footprints in that could potential extend to more personalize underwriting (pros & cons)
Introduction of potential data transformation under a big data platfrom - Structurization of data, data cleaning and transformation, AI & statistical categorization and predictive analytics
Case study & Application
Future development - adaptability of data and application extension
Smart move.
Oh, I see. I have no idea if there was a CC or not.
Did you get out and are buying back in again?
My days are different than most. Today is my Saturday. So...maybe it was Friday. I just heard rumors of a CC and curious if anything more was said. I'd like to get back in a little lower. Just sayin
On a Sunday? That would be odd. I haven't seen anything mentioned.
Wasn't there a conference call yesterday w FNGR?
Look like the short interest in winning or people are bailing on this.
He knows something if he hasn't had a margin call in over a year and has kept your attention that long.
This guy doesn’t know his head from his ass when it comes to short selling.........that’s a fact. but believe what you want, I could care less. What I’m saying is FACT. This short is dead.
How long does it take? This is the reason I don't believe in the short interest....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148802985
I'm not going anywhere because this is on the verge of huge profits SnoringBeagle.
IMO $FNGR
I am with you on that one.
Not selling as I see FNGR being huge, long term. I still have my GTC's in place, but this "You will be very happy by the end of September" and "Just wait until the end of October" makes the whole short theory seem like BS.
If the short didn't get a margin call, how are they going to get one here at $5?
We lost 1/3 of value from $7.50 down to five. $2.50.... all it needs to go is down another $2.00 for the short to be able to cover. And that seems total feasible right here, don't you think?
Need a public relations firm to get the news out to those on Wall Street not just a few people on hub talking about it and a few guys on Twitter tweeting about it incessantly.
Firmly believe some partnerships will make this huge and I hope that is what the CEO was talking about.
I don't believe the short theory. That's all.
What happened to the people who said they had professional investors coming in once this hit $5. Haven't seen big volume coming in and we have been over $5 for weeks.
These are the same people touting the short squeeze so it kind of makes you wonder about the accuracy of that too, don't you think?
Some people said it would happen in September, then October, now here it is November.
Anyone care to weigh in on their thoughts?