Friendable Inc (FDBL)

[sirglenn]

I am back ladies and gentlemen. Thank you for your diligent attention to my posts and for your kind words. For the record; however, I am not directly affiliated with the company in any way, shape or form. I am an avid speculator living along the Lake Michigan shoreline who also works full time and invests on the side. I write about penny stocks that I find interesting and have many of them in a private portfolio that I manage.

Also, I have mixed reactions to the May numbers. My first thought is a little bit of a let down. I was expecting a bigger conversion ratio with the JLO video views on youtube. In addition, the other celebrity tweets did not have as much of an impact as I had hoped for. That leaves me a little bit of a puzzle on my hands, because there was some good news in with the bad.

The numbers are now rising on a consistent monthly basis. Truth be told, we are outliers on the stock if you really think about it. The investment community at large probably sees the generalized increase in a different context than the more active traders do. They simply see another rise in download numbers with a corresponding dip in the stock price (thus signaling a buy and boosting the volume), without the same expectation base that most of the more active penny stock traders have.

In other words, we may have lost a battle here, but might be closer to winning a war. This boost in volume is reassuring and leaves us with the puzzle of why there were so many downloads prior to the release of the video? Was it because of the switch to new platforms? If that is the case, then we have not yet begun to fight. Either way, I think the bulls and the bears both have some talking points and the conversation will continue. GLTA.