“You want the truth; you can’t handle the truth”! I have been covering Fitbit (FIT) since January of 2016. I’ve found that most investors, institutional or otherwise, simply couldn’t handle the fact that Fitbit’s total addressable market (TAM) was far less than the company and investors had assumed. In my initial reporting and publication titled Fitbit’s Total Addressable Market Hype May…
Fitbit Retrenches: The Bottoming Phase For A Hardware Company
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The worse a situation becomes, the less it takes to turn it around, and the greater the upside. ~George...
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