Fobi AI Inc V.FOBI

New to this stock....

[SR71BlackBird]

Thinking about jumping in... but can someone explain WHY the stock price has collapsed?
The chart is a disaster and now it has broken the $1 mark. This could be a great opportunity, I just need to understand what's happening? WHY?

[Bu11ish0NG0ld]

Fobi is all hype no meaningful revenues. I will stay far away from buying this stock.

[Bu11ish0NG0ld]

[Invest142806]

They aren't profitable yet. Revenue is pretty low for the stock price. That being said, they are partnered up in more than one vertical, and with some pretty big players in the space. You are investing in a up and coming tech company with some promise. Third party validation says everything you want to know. Every company has to start somewhere and Fobi is in the building out stage. By end of

[pacer217]

Whole long list of reasons........ 1.)  In Sept. / Oct. stock was hammered by an institutional short company. ( shorts went from 1 point 7 million to 29 million.  Shorts are all out now, but they took advanatge of the "over buy price then of $3.70 " 2.) Zero coverage, following from Analysts , pros..  Only small retailers like me, stuck around and many got bored and sold

[SR71BlackBird]

Thank-you!