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Bullboard - Stock Discussion Forum 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... see more

TSXV:FOBI - Post Discussion

Fobi AI Inc > Upcoming Recession Thoughts
View:
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 pacer217 on Oct 19, 2022 3:51pm
The price MAY drop a couple of pennies before the results come out ( I expect next Thursday ) BUT there  will NOT be enough shares on offer to fill an order that big.. I will shocked and disappointed  if the price is not SIGNIFICANTLY higher after Q #1 comes out in about six weeks  As well, Short covering will also push price up in next two weeks.  ( I wish I had 75K in ...more  
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.
Comment by LoopTracer on Oct 20, 2022 6:48pm
Good ask. More than the results shown on past performance in the upcoming Financials, it is the "looking forward" aspect that thrills me. Recession or not, FOBI's purpose is to solve data analytics issues companies face. Their solution stack reaches various industries now & can adopt new ones for myraid revenue streams "looking forward". There is tremendous clamor right ...more  
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