Replies to post #655 on Fifty 1 Labs Inc (FITY)

[Dennisb68]

Adam, I can't say I blame you for getting out but the problem is when good news hits the stock jumps faster than you can get your bid in. Any good news and we could be back up to 1.50-1.60 in minutes. We should get another report on monthly car sales in the next 10 days or so and hopefully this will take us higher again. I'm confident we will break the old highs but it's just a matter of when. Good luck.

[ambulance_blues]

Re: I cant argue with the tape any longer

bottomfeeder wrote:

"The company hasn't released any information for 17 days which is unusual for this company. The most they went without a PR prior to now is 15 days and that happened last year in December."

Very astute observation bottomfeeder. I noticed this too and alluded to it on Raging Bull yesterday -- about the precedent set by Miller and what happens if you don't continue with it. But nobody seemed to agree with this opinion.

Also, this will be our 11th straight day without an uptick in the closing price. I don't recall ever seeing another stock go 11 straight days without a green light -- even if it's only for a penny! But then again, this is the first pink sheet stock I've ever owned, so maybe in this universe it's not so unusual.