Post by
TMVFR800 on Oct 19, 2022 1:51pm
Upcoming Recession Thoughts
Hi Everyone,
So I was just wondering about your thoughts regarding the upcoming (potential) recession. With FOBI trading around the 45 cent mark, are any of you thinking of adding more shares to your portfolio? I have about 75000, and could add another 25000. But is it better to wait it out for a bit, in case the SP drops and I can get a better discount on the shares? Or are we seriously considering/thinking that the SP is going to go up after the impending Financial results?
Just looking for some honest thoughts and insight without nonsense.
GLTA
TMVFR:)
Comment by
TimSanders on Oct 19, 2022 5:01pm
load up in sbbc.v old man, q3 40 mill in sales alone. Low share count, going to $5 next year.
Comment by
gryphons on Oct 19, 2022 8:45pm
I believe Fobi is a stock made for recessions. They are signing up companies who want to be in peoples mobiles 24/7 pushing their marketing. I believe this recession plays into Fobi's wheelhouse
Comment by
zabber on Oct 19, 2022 11:17pm
One word: COUPONS. 8112 baby! I'm here for it.
Comment by
zabber on Oct 19, 2022 11:22pm
Remember when the stock was at $4 and you wish you bought more? I'll leave you with that thought. If you think it might go lower due to a broad market flush (as I do) you can buy a tranche here and buy a tranche there. I'm not minding these levels and added a paycheque's worth last week.