Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Fitbug (FITB) is a company that I’ve been watching with interest ever since its meteoric rises in October and November. I could sort of see why the rise from less than 0.4p to over 5p could be justified to some extent by the news that its ‘Fitbug’ was to be extensively stocked by Sainsbury’s and US giant Target, especially with Thanksgiving and Xmas on the way.
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