Thats my opinion as well after research. The watches looked good and competively priced but they will need to sell a huge amount for any decent profit. As with the drones I will wait to be proven wrong , they appear to be very limited in their use compared with their more expensive cousins.
I can't imagine every time somebody goes out "wait have I got my keys, mobile, wallet and wait! selfie drone its important" There are four parties with their fingers in the pie IOT, manufacturer, distributor and Walmart or other retailers.
The company had a surge in sp partly due to a huge pump in the newspaper.
Still long term I'm open to how the company will perform just want to see revenue first.
Looking at a possible pull back to 8.5 any lower and the rebound will be quite strong
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