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
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
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…