Fitbit is losing momentum

Why I am saying that?

I am the only active person among my “Fitbit friends”. So I assume it could means a few things:
1) All my friends stopped wearing Fitbit;
2) All my friends did not sync (or their Fitbit could not sync, which I admit is a real problem for Fitbit);
3) All my friends got Apple watch (or something nicer, good for them :-)

IMG_5651

The stock (NYSE:FIT) has been absolutely horrible YTD, or to be more exact since its IPO about 15 months ago. I am glad my trades worked out this year though :-)

FIT_trades

I am speculating one reason is Apple Watch is taking off. Although I tried to stay away from that $300+ “need to be charged daily, always on” gadget, it seems it’s the inevitable with the so called “series 2”. I feel the nike+ version with the swimming is the way to go. Now if I could offload a few items on ebay to make the $300 bucks…

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omaha

I am Youyou's daddy.