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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

Bullboard Posts
Comment by Ryezensum911on Oct 06, 2020 12:14pm
72 Views
Post# 31673698

RE:RE:RE:Brutal drop today. Based on what exactly? No news?

RE:RE:RE:Brutal drop today. Based on what exactly? No news?

I agree, stop losses are not always the best thing. If this is just gross manipulation to pick up a few cheap shares, like .39 cent just wasn't cheap enough, and the stock shoots straight back up, then yes the stop losses are not good. Add to that, that the technology these days tracks all stop losses and grossly takes advantage of them. But where some of these stocks go into complete nose dives for days, a stop loss can save your profits, and allow to to buy back more shares, if you're still inclined, at a much cheaper price point. But as you've mentioned, it a risk of being left on the side lines, and missing out on the next run. That said if you do see a positive uptick, you can still jump back in, and on a hopefully more positive note. You may have missed some of the profit, but if you got out in time, you would have still locked in some of the initial profit. 

definitely not something for the faint of heart, and something that requires watching closely if you want to try to time this $hit. I can certainly understand why some choose to not watch, and simply put it away for months or even years at a time without looking at it. 

Bullboard Posts