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View Full Version : 8-4-2015 after the close comments



Mike
08-04-2015, 04:12 PM
I have been away on an Alaskan cruise and am back today. I didn't really have much internet connectivity over the last 12 days. Now trying to catch up, I have updated the watch lists. I bought FIT about a half hour prior to the close as I was preparing my watch list. It has formed an IPO base which it broke out of on Friday. It was hovering near the buy price today. I don't know if Fitbit is a passing fad or not: I remember buying CROX in 2010 with the same question. I did well with CROX. IPO bases can be as short as one week. FIT is a little more than 2 weeks long and has corrected only 15% which is relatively tight.