RE:RE:RE:Re------Fobi stock price8112 = main course. Question is, what time is it coming out of the kitchen? .. and will they order dessert? The answers still appear to be "soon" and "yes." You can make $ selling a user base, but I'd rather see a recurring revenue stream. Plus Robbie has gone on interviews to say $1/pass business model (up to $14 for custom passes) so it's also an issue of integrity.
AsianBankster wrote: zabber wrote: Even though I said I wouldn't, I added a small tranche on Friday. Love me a good short-squeeze narrative. Was already overweight, so will hold off until the recessionary nadirs pass, or revenues start ramping up. I'm not convinced we don't trend lower from here. I love the story, but I want to see a business model that doesn't involve growing user base by giving away product.
the strategy is to give away free appies in hopes of revenue. Appies tend to run out, hope they realize debt is getting out of control. No revenue = bankruptcy