Replies to post #3857 on Fifty 1 Labs Inc (FITY)

[arbpro]

I hear that Now Auto doesn't
manufacture the cars they sell either.<<<<<<<<<<<<<<<<

Nor, do they claim to manufacture cars. But when it comes to gps, the company willfully attempts to deceive the public with glamorous and unsubstantiated claims of manufacturing capability. That is a LIE. Spin it however you want, but the company has yet to retreat from those misstatements. If this was a reporting company, the SEC would fine the company. You guys are married to this stock and will defend it regardless of the uncontroverted facts. The divorce could be ugly, however.

[SAMNOTSAMUEL]

How to value this company,

My argument is it is earnings from auto first and foremost. If they get anywhere near 30 cents this year, then people can focus on future pe off of that, looking at how unique or not, how much they can grow or not.

Worst case, if they report legitimate year end 30 cents, should be $2.50 - $3.00 stock, actually more because probably would need over 20 cents for 2nd half of year.

I always thought when this stock dipped below a $1.00 there was a lot of room for underperformance. There is not a lot of room for underperformance at current price.

sam