Fifty 1 Labs Inc (FITY)

[ambulance_blues]

hindsight

"we were at 40 cents a share, today we are at $1.20. That is a 200% return in one quarter which translates to 800% in a year..."

Yes, congratulations to those who bought at 40 cents. But in the face of our impending collapse, I don't see how this serves as any consolation to the masses who bought above $1.20 thinking that this company was actually WORTH $1.20, based on analysis and all the information supplied by the CEO.

I think next week I will lower my bid from 80 cents to 50 cents. After all, if I buy at 80 cents, I am still buying into a 100% runup in price in just one quarter, which translates into a 400% runup in a year. I see now that this is just too risky. What was I thinking -- putting in a bid for 80 cents??? :)