Tuesday, January 10, 2017 7:58:11 PM
Shares of GoPro Inc (NASDAQ:GPRO) continue to languish near their all-time lows even with the stock market near all-time highs. While investors who have been holding the stock for months remain in pain, new buyers may be about to see a massive short squeeze. The stock is showing signs of large investor accumulation over the last week. Draw your attentiont to last week when the stock popped up through the daily 20 moving average, jumping from $8.65 to $9.50. This can be seen on the stock chart below. Then, note how the stock slowly came back to earth, but held the $9.00 level as well as stayed above the daily 20 moving average. In other words, there is a change going on here. It appears GoPro Inc no longer has enough sellers to hammer it down to its lows. The fact that it is holding above the 20 moving average is a sign of accumulation and leaves it wide open for a big players to run it hard, causing a short squeeze. I continue to hold GoPro Inc in my Verified Investing portfolio from a verified entry of $9.02. I expect this to surge as high as $12 in the near-term.
Recent GPRO News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/13/2024 08:41:23 PM
- GoPro Announces Two New Cameras: The $399 HERO13 Black and the $199 HERO • PR Newswire (US) • 09/04/2024 01:00:00 PM
- Berkshire Reduces Stake in BofA, Hawaiian Airlines Soars 10%, Paramount Receives $4.3B Offer, and More • IH Market News • 08/20/2024 09:56:02 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 09:19:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:05:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:05:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:04:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 08:03:48 PM
- GoPro to Present at Oppenheimer 27th Annual Technology, Internet & Communications Conference • PR Newswire (US) • 08/08/2024 10:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 09:05:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:09:09 PM
- GoPro Announces Second Quarter Results • PR Newswire (US) • 08/06/2024 08:05:00 PM
- GoPro Brings You into the Eye of the Storm for Universal Pictures, Warner Bros. Pictures and Amblin Entertainment's TWISTERS • PR Newswire (US) • 07/17/2024 01:00:00 PM
- GoPro Announces Second Quarter 2024 Earnings Webcast • PR Newswire (US) • 07/16/2024 08:05:00 PM
- GoPro Partners with SoftBank Group's SB C&S Corporation for Additional Distribution in Japan • PR Newswire (US) • 07/09/2024 01:15:00 PM
- GoPro Recognized in 2024-2025 'Best Companies to Work For' Rankings by U.S. News & World Report • PR Newswire (US) • 06/26/2024 01:00:00 PM
- GoPro Celebrates Surpassing 50 Million Cameras Sold • PR Newswire (US) • 06/12/2024 01:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:02:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 08:02:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 08:01:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/04/2024 08:00:45 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 08:35:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:06:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:05:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:03:55 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM