GoPro UP 11%

Edited Date/Time 1/13/2016 6:38pm
They are getting ready to announce a DRONE launch and are heavily favored for a takeover target!

Wish I was at the point in my career that I could spare mney to invest in stocks...this one seemed to be a nobrainer.
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Sideways
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12/10/2015 1:10pm Edited Date/Time 12/10/2015 1:11pm
Do you think its a good to buy in know? They will probably keep going up right?
csym108
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12/10/2015 1:43pm
Empty your bank account on it.
marx41
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12/10/2015 1:48pm
They have fallen mightily from the $60 range, so it's still low right now in comparison. With talks of a deal with Apple and drones I could see it going up still, but it's up to you to decide if the risk is worth it.
aflacbut
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12/10/2015 1:51pm
I bought it around $42 a share and sold it at around $85 back in 2014. Put all the profits in Netflix, one of my smarter money decisions.

It tanked pretty hard so if you were going to buy it now would be the time. At one point it was worth close to $90.

The Shop

Sandberm
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12/11/2015 10:10am
The same buyout rumor got out when they were at around $28/share with a similar gain in shareprice that day.

Now they are at 18 and change, down a little today with an analyst downgrade.

The question I ask myself is, does everybody who wants a GoPro already have one and thus sales, without a new product to sell, will be flat year over year...or down?
Moto_Geek
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12/11/2015 10:28am
Get a SEP fund, put your money into an aggressive fund and don't touch it. Stocks are just purely gambling. If you do buy, make sure it's only 5% of your portfolio. Have a nice day!



crusher773
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12/11/2015 10:45am
Yeah it has been highly volatile. I started doing a little trading when it came out but I ended up staying out of it and getting into some others. I made enough on Smith and Wesson the last year to buy my boys 65 for Christmas. GoPro has just been so up and down it went way up and the. The next time I looked at it the bottom had dropped out.
downard254
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12/11/2015 11:14am
Moto_Geek wrote:
Get a SEP fund, put your money into an aggressive fund and don't touch it. Stocks are just purely gambling. If you do buy, make sure...
Get a SEP fund, put your money into an aggressive fund and don't touch it. Stocks are just purely gambling. If you do buy, make sure it's only 5% of your portfolio. Have a nice day!



Huh, yea, what? Were you saying something?Evil
BIGRIGGIN
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12/11/2015 11:44am
They've been in freefall mode for last 3-6 months. The Apple rumors have been out there for a year. It's a great company and a great product but they have no barriers to entry from other big players. They also have no real compelling reason to upgrade every year+. They make a great product but i'm afraid they've sold out. They are way too late to the drone party as well ... and they should of had that thing ready for holiday season this year.

this is from Motley Fool website:

What: Shares of GoPro (NASDAQ:GPRO) were up 12.7% as of 12:30 p.m. Thursday after an analyst suggested the action camera specialist could be an acquisition target for Apple (NASDAQ:AAPL). GoPro also launched a new promo for its new quadcopter, named "Karma," and announced Apple Watch integration for the GoPro App.

So what: Apart from the drone's curious name (karma can be good or bad, after all) GoPro's new video doesn't technically reveal anything new, but rather features a voiceover added to previously released teaser footage shot from a prototype Karma unit. But considering GoPro still expects Karma to officially lift off in the first half of 2016, now's as good a time as any to ramp up its hype machine for the new product.

The more likely driver of today's optimism, however, was a positive note on Apple from FBR analyst Daniel Ives. Specifically, Ives reiteraed his "outperform" rating on Apple stock and offered a $175 price target, then followed to suggest the folks in Cupertino have come to a "critical juncture" where they should consider making a large acquisition such as GoPro.

According to Barrons, Ives elaborated, "We believe an acquisition of GoPro would make sense for Apple; action cameras are uniquely positioned at the intersection of Apple's smartphone, wearables, and multimedia offerings. Additionally, GoPro's new product cycles could open the door to areas where Apple's competitors are investing heavily (e.g., drones, VR), and Cupertino has been playing catch-up."

As it turns out, GoPro also issued a timely press release early this morning highlighting the announcement of new Apple Watch features for the GoPro App. Specifically, the new app provides users with fast access to the camera's controls from the Apple Watch, including the ability to preview shots, toggle capture modes, start and stop recording, and add HiLight tags to videos.

Now what: More than anything, at this point an acquisition is speculative in nature and should not be central to any investing thesis. And even with GoPro shares down nearly 70% so far in 2015, I'm still convinced GoPro investors would be wise to focus first on the fundamentals of their business.

For now, those fundamentals aren't pretty after GoPro revealed significantly weaker-than-expected guidance for the holiday quarter, then compounded my worries by dropping the price of its HERO4 Session for the second time since it launched five months ago. That's not to say those concerns aren't already priced in to GoPro stock, which now trades at a reasonable 16 times trailing-12-month earnings. But I personally won't be surprised if it has further to fall until its new products begin to hit retailers' shelves next year.
Moto_Geek
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12/11/2015 11:53am Edited Date/Time 12/11/2015 11:54am
downard254 wrote:
Huh, yea, what? Were you saying something?Evil
downard254 account scheduled for deletion. Reason: Pot smoking online
Premix
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12/11/2015 12:30pm
Individuals should never invest solely in stocks. Investing 101. If you're looking for a 10 percent return, there are many other avenues one can pursue that are almost guaranteed and not a volatile as a individual companies stock.

Besides, this technology has been out for a while, they're not the first. We've been using it in the insurance industry for the past 5 years to fly into catastrophe sites not accessible by car or human.

Read up on them, first and foremost, I think they're going to be out priced for the average consumer, and depending on how go pro has licensed them, you may need an FCC certification.
downard254
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12/11/2015 1:38pm
Moto_Geek wrote:
downard254 account scheduled for deletion. Reason: Pot smoking online
Sorry Geek. Wasn't smoking anything. Your post contained two vastly differing topics, and I can't multitask, Soooooo, my brain latched onto the most important of the two which cause a lapse in concentration and verbal control.Tongue
BobPA
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12/11/2015 3:25pm
kkawboy14 wrote:
Buy oil!
I buy oil everyday, and all it does is wear out my tires....
Zaugg
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12/11/2015 3:51pm
Hey everybody...look how much I know about stocks and stuff. Buy low...sell high. BOOM!!!

I thought this was Vital not the Bloomberg forum.

Motoxdoc
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12/14/2015 11:19am
They are getting ready to announce a DRONE launch and are heavily favored for a takeover target! Wish I was at the point in my career...
They are getting ready to announce a DRONE launch and are heavily favored for a takeover target!

Wish I was at the point in my career that I could spare mney to invest in stocks...this one seemed to be a nobrainer.
LOL....you might want to check this link before you make that investment!

http://money.cnn.com/2015/12/14/investing/gopro-hero-stock-nick-woodman/index.html

Sandberm
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1/13/2016 6:38pm
Sandberm wrote:
YIKES!

GoPro down 15% today.
YIKES!

Down 25% to $11.02/share after hours when GoPro announces they are laying off 7% of their workforce.Unsure

GoPro (GPRO), the maker of cameras for action-sports enthusiasts, stunned investors after the market closed with a disappointing forecast and news of job cuts.

The company said it only expects to post revenue of $435 million during the fourth quarter, missing analysts forecasts calling for revenue of $508 million by 14%. The company blamed "lower than anticipated sales of its capture devices due to slower than expected sell through at retailers," in a statement.

The company also announced it would cut 7% of its workforce of more than 1,500 employees as of the end of 2015. GoPro is one of the most severe examples of the recent crop of over-hyped technology companies selling hardware and winning a huge valuation with investors. Wednesday, Zander Lurie, who ran GoPro's entertainment division, left to become CEO of SurveyMonkey.

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