Replies to post #663 on Fifty 1 Labs Inc (FITY)

[pwert]

Another way to look at it...

From Dec. 28 through January 11 we had 11 straight days of NO DOWNTICS, and went from $.305 to $1.00.... a 227% increase.

So now we have the same number of days with no uptic and go from $1.56 to $1.15 close today, or a 26.2% decrease.

Hey, I'll let that cycle repeat every month of the year, 227% increase and a 26.2% decrease......I'll be rich.

good luck all.

pwert

[ambulance_blues]

We need news tomorrow morning.

I don't know if Miller knows anything about technical analysis, but if he were to issue a news release tomorrow morning, it would be the best timing of all. We just crashed through the 50 dma today and closed near the intraday low on increasing volume. Tomorrow, the falling knife begins unless Miller interferes.

I'm getting money ready to buy more shares next week. I can see us under $0.80 by Tuesday or Wednesday barring any news from the company. Now's the time to prepare in advance. Wire money to your brokerage account if need be. To anyone who believes in this company -- next week is the fire sale. Is anyone stepping up?

[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??? :)