GoPro IPO?

UpTiTe
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UpTiTe 7/2/2014 2:10pm
7/2/2014 2:10pm
lostboy819 wrote:
Not trying to start a fight but why are " companies that sponsor moto usually a good bet" MX/SX is such a small limited nitch market...
Not trying to start a fight but why are " companies that sponsor moto usually a good bet"
MX/SX is such a small limited nitch market not sure why you feel its a good investment path.
UpTiTe wrote:
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and...
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and shot to 22 then settled back down once the selloff hit.
hvaughn88 wrote:
Oakley went public mid 90s, correct? At that point, I don't know that I would have considered them purely a "moto" company.
Yep,95.

I'd agree, but people who rode and others that were involved in the sport, including a lot of riders bought it up.
mxtech1
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mxtech1 7/2/2014 2:22pm
7/2/2014 2:22pm
Here's what I don't get....

There are many good comments in this thread regarding investment practices and opinions and some of these comments are very well written with advanced and concise verbage. It is evident that many on this board are very understanding of investing and practice at a medium to high level of complication.

Then we get 90% of the other topics and threads with comments from the same users that appear to be written by Neanderthals.
hvaughn88
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hvaughn88 7/2/2014 2:27pm
7/2/2014 2:27pm
mxtech1 wrote:
Here's what I don't get.... There are many good comments in this thread regarding investment practices and opinions and some of these comments are very well...
Here's what I don't get....

There are many good comments in this thread regarding investment practices and opinions and some of these comments are very well written with advanced and concise verbage. It is evident that many on this board are very understanding of investing and practice at a medium to high level of complication.

Then we get 90% of the other topics and threads with comments from the same users that appear to be written by Neanderthals.
haha, when in Rome...
UpTiTe
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UpTiTe 7/2/2014 2:27pm
7/2/2014 2:27pm
mxtech1 wrote:
Here's what I don't get.... There are many good comments in this thread regarding investment practices and opinions and some of these comments are very well...
Here's what I don't get....

There are many good comments in this thread regarding investment practices and opinions and some of these comments are very well written with advanced and concise verbage. It is evident that many on this board are very understanding of investing and practice at a medium to high level of complication.

Then we get 90% of the other topics and threads with comments from the same users that appear to be written by Neanderthals.
Because its how I make a living?

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vanillaice782 7/2/2014 2:56pm
7/2/2014 2:56pm
vanillaice782 wrote:
I wish I had money to play with in the stock market. It seems like the companies that sponsor moto are usually a good bet. I...
I wish I had money to play with in the stock market. It seems like the companies that sponsor moto are usually a good bet. I probably would get in and out of GoPro pretty quick with all the competition that could be raining down on them shortly. One thing that could be a huge money maker for them is if they got into making commercial "drones." That's would be one reason to hold onto it.
lostboy819 wrote:
Not trying to start a fight but why are " companies that sponsor moto usually a good bet" MX/SX is such a small limited nitch market...
Not trying to start a fight but why are " companies that sponsor moto usually a good bet"
MX/SX is such a small limited nitch market not sure why you feel its a good investment path.
I don't know the first thing about investing. I should start out with that. I was just thinking about Monster when I made that statement. They had a ton of money to throw at supercross and all the other action sports so they turned out to be a good investment. (I have a theory that that will go sour pretty soon once the government starts raining on their parade) But GoPro seems like the same kind of deal. They sponsor a lot of different things within actions sports and they are popping up everywhere. They have mass appeal because everyone is a little bit narcissistic.
lostboy819
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lostboy819 7/2/2014 3:19pm
7/2/2014 3:19pm Edited Date/Time 7/2/2014 3:25pm
vanillaice782 wrote:
I wish I had money to play with in the stock market. It seems like the companies that sponsor moto are usually a good bet. I...
I wish I had money to play with in the stock market. It seems like the companies that sponsor moto are usually a good bet. I probably would get in and out of GoPro pretty quick with all the competition that could be raining down on them shortly. One thing that could be a huge money maker for them is if they got into making commercial "drones." That's would be one reason to hold onto it.
lostboy819 wrote:
Not trying to start a fight but why are " companies that sponsor moto usually a good bet" MX/SX is such a small limited nitch market...
Not trying to start a fight but why are " companies that sponsor moto usually a good bet"
MX/SX is such a small limited nitch market not sure why you feel its a good investment path.
UpTiTe wrote:
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and...
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and shot to 22 then settled back down once the selloff hit.
Give me a few examples other than Oakley. Oakley was one of the very few MX related companies that went public and I think their sunglasses line made it mainstream and not so much moto. I cant think of any other moto companies that have gone public.
lostboy819
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lostboy819 7/2/2014 3:23pm
7/2/2014 3:23pm
vanillaice782 wrote:
I don't know the first thing about investing. I should start out with that. I was just thinking about Monster when I made that statement. They...
I don't know the first thing about investing. I should start out with that. I was just thinking about Monster when I made that statement. They had a ton of money to throw at supercross and all the other action sports so they turned out to be a good investment. (I have a theory that that will go sour pretty soon once the government starts raining on their parade) But GoPro seems like the same kind of deal. They sponsor a lot of different things within actions sports and they are popping up everywhere. They have mass appeal because everyone is a little bit narcissistic.
Monster and Red-Bull are huge and I was reading that their profit margin is unreal. I have read that per ounce their energy drinks are more profitable than top shelf perfumes and alcohol.
RMT
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RMT 7/2/2014 3:51pm
7/2/2014 3:51pm
lostboy819 wrote:
Monster and Red-Bull are huge and I was reading that their profit margin is unreal. I have read that per ounce their energy drinks are more...
Monster and Red-Bull are huge and I was reading that their profit margin is unreal. I have read that per ounce their energy drinks are more profitable than top shelf perfumes and alcohol.
But not even close to Meth. I know this because I watched every season of Breaking Bad. Stamp it.
vanillaice782 7/2/2014 4:08pm
7/2/2014 4:08pm
lostboy819 wrote:
Monster and Red-Bull are huge and I was reading that their profit margin is unreal. I have read that per ounce their energy drinks are more...
Monster and Red-Bull are huge and I was reading that their profit margin is unreal. I have read that per ounce their energy drinks are more profitable than top shelf perfumes and alcohol.
I believe it. They're way more expensive than soda and probably just as cheap to make. To answer your other question about companies that sponsored supercross and made a good investment, The only other one I could think of was THQ that used to make those video games. I looked them up and they had a good run but are bankrupt now.
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AZ35 7/2/2014 4:23pm
7/2/2014 4:23pm
Competition will force prices down, but the content side and potential other markets (drones as mentioned earlier, military, law enforcement, surveillance, porn industry Tongue , etc.) should keep the segment growing imo.

The quality is amazing for the price, which is affordable to most everyone for almost any use.

And GoPro does at least have the advantage of being the "brand" name associated with all action HD cameras. Like Kleenex and Q-Tips, they have plenty of competition but still maintain the marquee trade name.
MarkF
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MarkF 7/2/2014 4:33pm
7/2/2014 4:33pm
lostboy819 wrote:
Not trying to start a fight but why are " companies that sponsor moto usually a good bet" MX/SX is such a small limited nitch market...
Not trying to start a fight but why are " companies that sponsor moto usually a good bet"
MX/SX is such a small limited nitch market not sure why you feel its a good investment path.
UpTiTe wrote:
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and...
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and shot to 22 then settled back down once the selloff hit.
lostboy819 wrote:
Give me a few examples other than Oakley. Oakley was one of the very few MX related companies that went public and I think their sunglasses...
Give me a few examples other than Oakley. Oakley was one of the very few MX related companies that went public and I think their sunglasses line made it mainstream and not so much moto. I cant think of any other moto companies that have gone public.
There are other publicly traded companies, such as Leatt and Volcom. However, I wouldn't say that they have been successful as far as shareholder value is concerned. Who knows what the future may bring though.
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JW381 7/2/2014 4:36pm
7/2/2014 4:36pm Edited Date/Time 7/2/2014 4:36pm
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
MarkF
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MarkF 7/2/2014 4:41pm
7/2/2014 4:41pm
JW381 wrote:
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him...
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
Nothing personal, but, I wouldn't recommend "dabbling" in the stock market.
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lostboy819 7/2/2014 4:57pm
7/2/2014 4:57pm Edited Date/Time 7/2/2014 4:57pm
JW381 wrote:
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him...
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy who was a stock broker said its easy to be bold and invest money in the market, as long as its someone else's money. But then again hes in prison now.
lostboy819
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lostboy819 7/2/2014 5:11pm
7/2/2014 5:11pm
Jack mehoff wrote:
I am in the electronics business and I can tell you that is a tuff market to stay on top , sony and many other electronic...
I am in the electronics business and I can tell you that is a tuff market to stay on top , sony and many other electronic mfgs have seen the profit in it and are currently building designing there version , it's really a tuff call , because in a year from now how do you like your chances against Sonys depp pockets if he was smart he would off sold it off to some one . I think the iPO is to have the money to weather the storm with the onslaught off what's coming .btw not bad for a armature road racer that wanted some thing smaller then a handy cam strapped to his roll cage to validate any metal to metal contact
I agree. Gopro is the front runner now and has the name but they are also building the market for their competition and what some times happens is that the name GoPro can be thought of a product as a whole and not a brand kind of like Kawasaki and "jet Ski' Kawasaki built and developed the market and then everyone wanted a "jet ski" it was now a product that didn't automatically mean " Kawasaki" when it came time to buy there were lots of wave runners sold when someone wanted to buy a jet ski . They now call them personal water craft but the name "jet ski" sure sold a lot of Yamaha's and Sea doo's.
ando
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ando 7/2/2014 5:27pm
7/2/2014 5:27pm
motosmith wrote:
Exactly my plan. I'll buy when it hits ten dollars. Which is about what it's worth in my opinion.
BIGRIGGIN wrote:
At least you have a plan. I'd be interested in how you came up with this $10 share valuation? Care to share your thoughts? Or is...
At least you have a plan. I'd be interested in how you came up with this $10 share valuation? Care to share your thoughts? Or is it just a nice simple number that you are comfortable with?
UpTiTe wrote:
Nobody can know the value of the stock or what its truly worth since there is no Price/Earning history. I'm guessing its a gut feeling on...
Nobody can know the value of the stock or what its truly worth since there is no Price/Earning history. I'm guessing its a gut feeling on his part.
You should be able to roughly work out the market capitalisation of a company by doing a net present value analysis of its assets, liabilities and projected future earnings.
ando
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ando 7/2/2014 5:31pm
7/2/2014 5:31pm
JW381 wrote:
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him...
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
lostboy819 wrote:
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy...
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy who was a stock broker said its easy to be bold and invest money in the market, as long as its someone else's money. But then again hes in prison now.
This is true if you are after short term gains. A lot of people make very sound long term investments in shares, but you have to be taking a long view, I'm talking at least five years plus.

There is a difference between trading and investing.
lostboy819
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lostboy819 7/2/2014 5:48pm
7/2/2014 5:48pm
ando wrote:
This is true if you are after short term gains. A lot of people make very sound long term investments in shares, but you have to...
This is true if you are after short term gains. A lot of people make very sound long term investments in shares, but you have to be taking a long view, I'm talking at least five years plus.

There is a difference between trading and investing.
When Warren Buffett was asked how long you should hold on to stock's, he answered "forever" Wink

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UpTiTe
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UpTiTe 7/2/2014 5:49pm
7/2/2014 5:49pm
lostboy819 wrote:
Not trying to start a fight but why are " companies that sponsor moto usually a good bet" MX/SX is such a small limited nitch market...
Not trying to start a fight but why are " companies that sponsor moto usually a good bet"
MX/SX is such a small limited nitch market not sure why you feel its a good investment path.
UpTiTe wrote:
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and...
Because they are initially bought out of enthusiasm from people in that market in mass. Oakley did the same thing, it was offered at 8 and shot to 22 then settled back down once the selloff hit.
lostboy819 wrote:
Give me a few examples other than Oakley. Oakley was one of the very few MX related companies that went public and I think their sunglasses...
Give me a few examples other than Oakley. Oakley was one of the very few MX related companies that went public and I think their sunglasses line made it mainstream and not so much moto. I cant think of any other moto companies that have gone public.
Not necessarily the mx industry, but any niche company.
UpTiTe
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UpTiTe 7/2/2014 5:55pm
7/2/2014 5:55pm
JW381 wrote:
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him...
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
lostboy819 wrote:
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy...
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy who was a stock broker said its easy to be bold and invest money in the market, as long as its someone else's money. But then again hes in prison now.
I disagree with that completly, if you're smart and invest wisely you will do good. Now chasing short term gains can be a gamble.
mxtech1
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mxtech1 7/2/2014 6:25pm
7/2/2014 6:25pm
Does anyone know when GoPro will start to lose some their original patents on design?

That's typically when the market seems to flood with imitation devices that are on par.
JW381
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JW381 7/2/2014 6:30pm
7/2/2014 6:30pm
JW381 wrote:
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him...
My dad has always wanted to dabble in the stock market, once I get a career-type job I'm going to get 1-5k saved up for him and open a joint Etrade account for his b-day or something.

Gotta start reading up now!
lostboy819 wrote:
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy...
Your odds are better in Vegas. Learn to play black jack by the numbers and you will be better off than the stock market. My buddy who was a stock broker said its easy to be bold and invest money in the market, as long as its someone else's money. But then again hes in prison now.
UpTiTe wrote:
I disagree with that completly, if you're smart and invest wisely you will do good. Now chasing short term gains can be a gamble.
For sure and like I mentioned it's basically a gift for my dad some day because he's always wanted that experience. If I lose that cash then so be it, but I'm usually a long term guy so I wouldn't be caught up in short term gains, or losses for that matter. Like you said, just be wise. That's my plan at some point.
dirthead1
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dirthead1 7/2/2014 6:54pm
7/2/2014 6:54pm
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006.

It's about fleecing the general public of any and all of their cash now.
lostboy819
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lostboy819 7/2/2014 7:07pm
7/2/2014 7:07pm Edited Date/Time 7/2/2014 7:08pm
I was on a race car team and the driver was a VP of a local investment firm and he paid us very well and did lots of short term investments for us that paid huge and he took good care of us but the problem was he had a race car addiction and a drug addiction and he was doing so much illegal stuff that when he finally did get caught they could not figure out all the different scams he had going and he had stolen millions and was also involved with Michael Milken the junk bond king and Blinder/ Robinson of the penny stock firm.

After all was said and done they took his license and said as long as he never dealt in any type of investments or stocks and such he would avoid prison so he basically got away with it and it put the investment firm out of business. Years later he started doing it again and selling land that didn't belong to him and currency trading so long story short ,now he is in prison until at least 2028, sad part is he could have done it all legally because he was that good but some people just have a character flaw and the wrong way was was more fun.
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dan.karp.5 7/2/2014 7:26pm
7/2/2014 7:26pm
I bought 2000 shares @ 29.37 last Thursday when the market opened. I sold all my shares today @ 45 flat. thank you GoPro.
willie838
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willie838 7/2/2014 7:33pm
7/2/2014 7:33pm Edited Date/Time 7/2/2014 7:42pm
dirthead1 wrote:
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006. It's about fleecing the general public...
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006.

It's about fleecing the general public of any and all of their cash now.
so now you just hemorrhage purchasing power to the steady climb of inflation?

do tell how you came to such a solid viewpoint.


-----

edit

congrats dan.karp - good timing on the dump i suspect.
lostboy819
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lostboy819 7/2/2014 7:44pm
7/2/2014 7:44pm
dirthead1 wrote:
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006. It's about fleecing the general public...
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006.

It's about fleecing the general public of any and all of their cash now.
With all the stories I have seen play out and heard from Brokers and such I agree that its not easy to find a solid person or firm to take care of your investing. One thing they all say is that no one will care more about your money than you will , except when they want to make it their own. Evil
UpTiTe
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UpTiTe 7/2/2014 8:25pm
7/2/2014 8:25pm
dirthead1 wrote:
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006. It's about fleecing the general public...
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006.

It's about fleecing the general public of any and all of their cash now.
I've got the perfect product for, unless you're happy getting a quarter percent at your local bank.
dirthead1
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dirthead1 7/2/2014 9:59pm
7/2/2014 9:59pm
dirthead1 wrote:
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006. It's about fleecing the general public...
I've made and lost a shitload of money in the market. I don't play after the market changed in 2006.

It's about fleecing the general public of any and all of their cash now.
willie838 wrote:
so now you just hemorrhage purchasing power to the steady climb of inflation? do tell how you came to such a solid viewpoint. ----- edit congrats...
so now you just hemorrhage purchasing power to the steady climb of inflation?

do tell how you came to such a solid viewpoint.


-----

edit

congrats dan.karp - good timing on the dump i suspect.
What's the most you've lost and made in a day, my friend? We can start there.
dirthead1
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dirthead1 7/2/2014 10:09pm
7/2/2014 10:09pm
Better off buying vintage cars, real estate or other crap these days... tangible assets is the path... fuck paper, I mean electronic, unrealized wealth. Pretty rad building a bunch of numbers and zeros, then watching it all disappear in an afternoon for a second time.

Ammunition, firearms, cans of food and jugs of water are now King in my economy. Come get some!

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