Fobi AI Inc V.FOBI

Do we have to wait until September for a deal?

[FactfinderJr]

I'm long Fobi but getting irritated with all the waiting. I appreciate all these little deals but would like nothing more than to have an actual pilot convert to a contract and shut the shorts up. This is a bit like South Parks parody on GoT " The horses are coming! The horses are coming!" For the whole episode. 
I respect everyone's style of investing but I lean towards momentum.  What's the actual visibility with this company? Best of luck regardless.

[Baysv1lle]

Fair enough....but I will tell you from my experience if you can wait and hold for a few months the irritation of waiting is nothing compared to the horror when you've sold a stock and then watch as it goes parabolic and it seems too expensive and then you won't let yourself buy back in and it keeps going up and you count every day how much more money you left on the table 

[FactfinderJr]

Yeah and I know the feeling but my thinking is ill miss the first 20% hold my nose and buy or in this case by at end of August and wait. Ive been cagey with this one. Anyways I figure that maybe they sign the sobeys deal with some sort of clause or condition and if that's the case I will hold into next week. What got me going was seeing the ceo on all these interviews saying the sabey

[Baysv1lle]

Share price today@ 1.25 x 20% = 1.50 So your betting that if Fobi puts out a news release that they are rolling out a national deal with Sobeys that you will be able to wait and then at some time buy back in at around 1.50 a share  Time will tell....no one knows for sure what will happen I guess 

[FactfinderJr]

Yes exactly although If the sobeys deal is as good as some people speculate I could end up paying much more. I believe investors on the sidelines and shorts are all watching for that deal.  I'm new here but 2 curious things. The stock always rallies back up late in afternoon and I realize they are a Vancouver based co. And 2. Did u notice an endorsement by sobeys on there website with

[stackem]

I'm definitely overweight and long, all available dry powder deployed  LOL, probably because I drink the LOOP GIN  and see a unicorn after a couple!!!! ....Ran out of hopium awhile back. But, If it were me waiting on the mo to go I'd be waiting until 1.80 plus with 1M of volume regualrly and ride it to $5 within two years. But that might be a hard wave to catch once the revenue

[Baysv1lle]

I wouldn't t read anything into the sp movements day to day as the is no volume currently so it is just sold early and bought back later in the day...just traders making a buck.   Some are giving up and selling but I think most shareholders are sitting on their hands until Fobi can deliver that revenue generating contract we are all looking for.....then volume will jump like last fall

[Baysv1lle]

oh I forgot that the sp will mysteriousely begin to rise quickly BEFORE any news is released.... and  retail investors will pay a premium as we have little or no inside information and as Dumbox said that is why you want to stay in so you are in before the news and the prenews sp spike