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My coverage of Fitbit remained ongoing and public until Google's purchase of the company was complete.  I continue to cover Google in the private section of the website.

I originally classified FIT as moving from a Growth toward a GRoDT stock, despite a fairly solid balance sheet.  This is because I saw fitness trackers as a dying device category, and the company's ability to compete in more general purpose wearables as unproven.  Nonetheless, I projected that the company could design best-in-class hardware, and I think the Ionic smart watch bears me out on that point.  Software is another matter, but the acquisition of Pebble (amongst other) assets at VERY favorable terms gave me hope on that front.  Unfortunately, FitBit really failed to deliver in terms of software.  My real-world research on both the Ionic and Versa smartwatches enabled CrowdWisers to be way out ahead in predicting the company's lackluster results as it tried to maintain market share while developing partnerships against competitors with deeper pockets.  That in turn enabled a profitable exit despite the failed growth story.

The situation after that led many to swing trade volatility in FIT, but my experience on Wall St. tells me that is a dangerous game which, over the longer term, usually winds up benefiting Big Money rather than individual investors.  The limited volumes associated with pre-merger arbitrage are an entirely different story, though, and can lead to substantial opportunities of the sort that emerged with INVN, which is why my coverage always continues until a deal is actually closed.


Updates:
+2 Google Fitbit purchase complete, 4Q20 schedule, more09:39 14-Jan-21
?4 Google Fitbit purchase complete, 4Q20 schedule, more09:37 14-Jan-21
-3 ACCC rejects Google concessions for Fitbit and more11:37 22-Dec-20
+1 Resonant passes 50M unit mark and more17:10 17-Dec-20
+2 Tina vs Eve: thoughts on inequality00:46 07-Dec-20
+1 Resonant and WiFi, plus Google & Clearway news15:17 20-Nov-20
?1 AMSC and Fitbit schedules, plus Google notes21:08 28-Oct-20
-1 governments and Google09:14 12-Oct-20
+1 Vuzix Blade Upgraded available & Golar update08:04 01-Oct-20
-2 Xebec stock incentives and value updates09:57 21-Sep-20
+1 telecoms and governments10:33 14-Sep-20
+2 post-pandemic value thoughts14:51 02-Sep-20
+2 Resonant switches to KPMG and new Fitbit watches14:14 25-Aug-20
?3 Fitbit subscriptions and Resonant dilution09:45 18-Aug-20
?2 EMAN short squeeze, MACom products and MX OMIBs19:31 05-Aug-20
-3 full E.U. antitrust probe for Google+Fitbit?11:20 04-Aug-20
?1 Schlumberger 2Q20 results, WFS schedule and much more09:39 24-Jul-20
-2 ABB 2Q20 estimates and troubling thoughts09:16 20-Jul-20
?2 Covanta & Clearway 2Q20 schedules and much more08:27 15-Jul-20
+1 follow through on expectations13:26 09-Jul-20
-1 Vuzix and Google thoughts13:44 02-Jul-20
?3 Fitbit and other regulatory notes13:11 19-Jun-20
?3 Fitbit & macro update13:05 04-Jun-20
?1 Ebix 1Q20 schedule and India health notes15:51 06-May-20
?2 Vodafone 4Q20 schedule, OLED & new normal implications06:19 04-May-20
?4 Fitbit & Google 1Q20 schedules07:45 27-Apr-20
?2 market calendar and minor news09:42 15-Apr-20
+3 ADP, Fitbit Charge, and more09:06 02-Apr-20
+1 CUI acquisition, jobs, ABB dividend & Vodafone towers official & more09:06 26-Mar-20
+3 Sanders, Biden and Fitbit12:30 11-Mar-20
?3 Super Tuesday and Fitbit arbitrage calendar16:39 03-Mar-20
?1 VOD OMIB and other values16:47 27-Feb-20
?3 Fitbit 4Q19 results and more16:17 20-Feb-20
?3 Fitbit 4Q19 schedule and confirmations18:19 11-Feb-20
?1 India rejects Vodafone & fluff news11:55 16-Jan-20
?1 VUZI OMIBs and other follow-ups11:07 14-Jan-20
-3 Fitbit named in broad patent investigation15:00 11-Jan-20
?1 macro, value and Nokia11:54 09-Jan-20
+2 Himax 4Q19 projection plus CES & more Ebix11:45 07-Jan-20
?1 reaction to Soleimani15:31 03-Jan-20
?3 FIT and record markets13:52 27-Dec-19
?1 looking through December with telecom dividends and Ebix17:59 21-Nov-19
?2 more follow-up on VUZI, CTL and the Fitbit spread10:19 15-Nov-19
+5 Fitbit sold to Google and AMSC 2Q19 schedule09:29 01-Nov-19
?2 Ebix 3Q19 schedule & value down the macro path09:30 29-Oct-19
?1 new AMSC grid proposal, Fitbit 3Q19 schedule and CVA follow-up16:47 22-Oct-19
?3 FIT short squeeze unlikely10:05 23-Sep-19
-4 VOD, FIT and macro follow-up possibilities06:52 01-Aug-19
?1 Vodafone Liberty deal and other unsurprising news07:55 18-Jul-19
?2 Fitbit schedules 1Q19 report and new candidate17:17 16-Apr-19
?1 telecom OMIBs and value update18:37 06-Mar-19
-4 Fitbit 4Q18 results16:30 27-Feb-19
-1 new Resonant licenses and the mobile market09:07 03-Jan-19
+1 Resonant adds a customer, plus CTL, FIT and energy market thoughts09:32 18-Dec-18
-2 energy markets, CUI and global trading10:17 07-Dec-18
+5 Fitbit 3Q18 results16:37 31-Oct-18
?3 Fitbit schedules 3Q18 report17:22 16-Oct-18
?2 pre-jobs report news flush19:04 04-Oct-18
+1 CUI Samson agreement, OMIB and more macro09:37 20-Sep-18
+3 Fitbit Care and Humana10:24 19-Sep-18
-1 Renesas to buy IDT for $49 per share & FIT updates07:08 11-Sep-18
+1 new product, FOMC and CTL thoughts11:22 21-Aug-18
+1 AES LNG terminal the 1st of many? not so fast...14:13 17-Aug-18