Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ok you conveniently left out the entire chart which shows a classic head and shoulders pattern...so what is your point Mick?
Talk about durability....GoPro camera free falls the entire way and never stops filming even after it hits the ground.
Hard to comprehend 8K...clearer than the human eye?...wow..eom
I agree.....eom
Point taken.Thanks..eom
One can hope. It seems they would be the trend setters in any space they get into. I know there is the camp that wants them to become a media company...but they deserve respect for the hardware as well...that is some of the best in the business. Adding drones will just help that much more.
I think that could be a good market John. I'm hoping they even go smaller somehow in the future and really penetrate the sports market. I mean I think with most sports a good start during actual gameplay would be from the referees perspective until they can find a way to have something that doesn't interfere on a player. The NHL stuff is awesome but that is only practice and non league play right now. I mean imagine a referees standing on the field in the NFL. In most, Depending on the official, he would have to keep an eye on the ball or around the ball for infractions , so his perspective would be pretty neat to see in live action. I always loved the high cam on the cables views...but they never leave that on long enough.
JMHO
trading along with Ambarella....look at the latest history.
I think its obvious GoPro is attached at the hip of Ambarella right now. They seem to mirror each other pretty closely.
Several good upgrades in the past 6 weeks...more to come for sure.
https://finance.yahoo.com/q/ud?s=GPRO
http://news.investors.com/032515-745038-gopro-stock-rises-on-bullish-analyst-report.htm
GoPro analyst calls bottom on stock with bullish report
BY PATRICK SEITZ
11:11 AM ET
Action camera maker GoPro (NASDAQ:GPRO) received a vote of confidence Wednesday with a bullish report by FBN Securities analyst Shebly Seyrafi. Seyrafi called a bottom on GoPro stock, which has been trading below its 50-day moving average price line since Dec. 1. He reiterated his outperform rating on the stock, with a price target of 75.
GoPro stock ended Tuesday at 41.83 but was up 2.5% in morning trading on the stock market today, near 43.
GoPro stock is "very attractive" at current levels, he said.
"With shares now down by 58% from its 52-week high of $98 and by 37% over the past three months, investors have an opportunity to buy a category killer at an attractive price," he said in a research report before the market open.
Concerns about Chinese rival Xiaomi and its new, low-cost Yi Action Camera are "overblown," he said.
Recent reviews of the Yi have been unfavorable, criticizing the camera's inferior picture quality and lack of image stabilization. The Yi camera costs about $64 vs. $130 for the entry-level GoPro camera.
Strong guidance from GoPro imaging chip supplier Ambarella (NASDAQ:AMBA) bodes well for GoPro, Seyrafi said. GoPro accounts for about 40% of Ambarella's revenue, he said. "Strong momentum at Ambarella is a positive for GoPro," he said.
GoPro stock has been under pressure partly because of the lockup expiration of IPO shares to insiders on Feb. 17. On that date, 76 million shares (slightly over half of shares outstanding) became unrestricted and available for trading.
"Although we believe that since the lockup expiration many shares have been sold, we believe that much of the selling pressure has now been reduced," Seyrafi said.
GoPro made its IPO on June 26 at 24.
GoPro has reported accelerating sales growth for the last three quarters. On a year-over-year basis, sales increased 38% in the June quarter, 46% in the September quarter and 75% in the December quarter.
R
Joe Albano
Long only, growth, long-term horizon, tech
GoPro: Now's The Time To Join The Wave
Mar. 25, 2015 12:09 PM ET | 14 comments | About: GoPro (GPRO)
Disclosure: The author is long GPRO. (More...)
Summary
GoPro is beginning to unveil its media prospects in a more lucrative way.
The GoPro mission, the importance of understanding why management doesn't mention certain plans and, as investors, remaining faithful in their execution are key.
As long as management executes that's all that matters to me and all that should matter to shareholders.
The bottom line is that these plans are indeed plans and that management has my permission to be quiet on the subject as they continue to execute.
GoPro (NASDAQ:GPRO) is using this year to unveil its media partnerships. The latest one is a partnership between GoPro and Vessel, a premium online video platform.
I don't plan to go into great detail about the partnership itself except for a few points. My plan in this article is to show readers and investors that GoPro isn't sitting idle on the media front, contrary to how some analysts or investors interpret management's conference call language as "radio silence."
Vessel
After reading about the launch of Vessel, GoPro's partnership with them and the fact that I was going to get a year free off the bat, I decided to sign up and check it out. To say the least, I can't stop engaging and watching videos. I went from A&E TV show clips to NASCAR recaps of the race Sunday with in-car radio to GoPro's channel where I haven't moved. It's not much different than what I'd probably see if I went to A&E's website or watched RaceHub on FoxSports1 on my dish at home or went to GoPro's channel on their website, but what sets it apart from doing the aforementioned is I get it all in one place and just the clips I want to see. I just keep scrolling and scrolling and it doesn't seem to end. They seem to have the stickiness factor there, but time will tell if I return to it over and over again. For free I may or may not, but I like the content I'm getting and seeing which I'm not getting fed elsewhere. If I was paying the $2.99 a month it may be a reminder for me to check in and get my couple nickels worth.
What sets this partnership apart from the others is we are seeing a paid subscription service to get early access to these clips and videos. I don't know what the hand off is between Vessel and GoPro monetarily but I'd imagine that there will be a revenue cycle here for both host and content creator. An article has already done the leg work as to how the revenue system as well as the model will work. Judging by the fact that HULU has worked pretty well, and while its once exec is the one behind Vessel, it probably has a good shot at succeeding. That, coupled with the fact that they've raised $75M in funding, seems to add up to a good basis for going somewhere and not flopping. To top it all off, Vessel is being optimized for the mobile experience, a place where GoPro hasn't primarily been before as far as a platform is concerned.
And finally, what caught my attention was this quote from the former HULU CEO now turned Vessel promoter:
"That's the kind of person we're going after, someone who cares deeply about a creator or a brand," Kilar said. "We believe that they're passionate about just good content, and it's our job to deliver it to them early."
You know, that's funny. That sounds just a like a certain CEO I've talked about before. I can't remember his name at the moment though ...
What This Means About GoPro
Coming to the point of my article, I want to outline why this aligns with the GoPro mission as well as the importance of understanding why management doesn't mention certain future partnerships while remaining faithful in their execution. With such a visionary leader and team in place, I don't need to know everything they plan on doing if it means being the first company to own it because I know they are executing well (see NHL partnership, Vislink & ESPN partnership, Roku partnership). Other colleagues on Seeking Alpha are starting to see this light, too.
GoPro is using this year as a media building year. A lot of investors and analysts expected GoPro to be a media company yesterday and still don't see it today, even with these partnerships. I strongly contend that those who don't see the media building within GoPro and out to other partners are not removing the veil in front of their eyes. The content that they have and can share, on top of this opportunity to use an exclusive platform to showcase their videos ahead of anyone else (including YouTube), while having some kind of higher monetary margin is just the beginning of their potential.
Many people thought GoPro's quietness on the subject on the Q4 conference call meant nothing is happening due to their lack of planning. I don't think you can continue to assume that especially after seeing what they have already done and it's not even Q2 yet. I believe that since these partnerships and these opportunities are proprietary to only those with the content that is able to generate such passion for engaging videos that GoPro can take their time and keep plans quiet until the unveiling moment. Furthermore, these partnerships and these plans have been in the works for months at a time. Do you think the Vislink partnership and the technology and testing required to pull off flawless live streaming took a few days or even a few weeks? Having worked in the IT business for several years, I know that for a fact it takes months and a team of people to pull off a debut like that. These are called plans, plans that have been executed flawlessly.
Now's The Time To Ride The Wave
These plans and media execution, as great as they are becoming, still haven't reached their full potential as I outlined previously about their software and services. A software and services arm which will allow content to flood all of these outlets, more than it is now. The bottom line is that these plans are indeed plans and that management has my permission to be quiet on the subject if it gives them a competitive advantage with their partners. I say this emphatically because their execution is speaking for itself.
If you haven't considered a long position on the company at this point I would encourage serious, long horizon investors to reassess their stance and realize that these media plans drive not only the underlying hardware and software business but also generate excitement, views and ultimately revenue to the top line. I will continue to closely follow GoPro's endeavors in this area as I believe we are going to see more news and more execution for the company's brand and the company's balance sheet.
http://seekingalpha.com/article/3027786-gopro-nows-the-time-to-join-the-wave
mick if hes good enough to catch the highs....God Bless him...I wish I could trade like that. Hes the founder...he should be greedy for a while......believe me they are working on the future....Shark Tank folks are jealous....LMAO
Amen....eom
Its every members right to sell shares. The company has not been around long enough for executives to buy shares on the open market....they have been given shares. For crying out loud after a company goes IPO who wouldn't sell shares to lock in a lot of money.........and let the rest ride. They are going to get more as time goes on.....its their friggin right to do it. I would.
older interview from Feb 2015...but still a good one. http://fortune.com/2015/02/06/gopro-ceo-nick-woodman/
Just so for some who don't understand why GoPro is so respected in the industry...I would qualify Hollywood as knowing whats good and whats not.
http://gopro.com/news/professional-filmmakers-tap-gopro-to-deliver-stunning-content-for-the-big-screen-and-tv
this company is only going to get better and better. Let them scream all they want about drones and revenue sharing for Media. It will come....but this company is not going anywhere....and a stupid company from China did not hurt GoPro at all. I still say before its over someone will try to buy them. Either Google, Apple or Facebook....IMO
They have retained some of the best software people in the industry.....why do you think?
Xiaomis camera is junk...I knew it... here is a review
https://www.techinasia.com/xiaomi-yicamera-review-gopro/
King...in my opinion there is a real good base put down in the 38-40 range. Nice resistance level. It should work its way up slowly from here. Now if we get lucky and continue a decent feed of news which layout their plan execution better, like the Roku and Xbox deal....we might be able to gap up more quickly. I think even Clays last chart explains it rather well....JMHO
Thanks All... I advise everyone to listen to the latest investment webcast on March 4th at Morgan Stanley. CEO Nick Woodman and CFO Jack Lazar in attendance....Good stuff...
http://cc.talkpoint.com/morg007/030215a_ae/?entity=76_F2Y2N8P
Remember when NFLX was down to $58 a share...remember when Amazon was down to $130...remember when Chipotle was down $350? Well look at them now....the whole time idiots like Cramer were against them.....but now everybody is completely on board. I think the best time to buy these stocks is when everyone and their brother is trying to convince you why they are going down. Sure you need an iron stomach at times.......but months from now people will be sorry they didnt buy some in my opinion.
Nice....I was hoping this type of capture would have some patented technology. If that's the case then obviously the company is that much more valuable.
Yeah John....everyday is a head scratcher right now...however I think when the dust settles this will be a non event. People will not want to buy a piece of junk...they will want name brand. People pay a premium for companies like Apple and Samsung for a reason. You pay for the name brand that has the right kind of engineers and visionary's working for it. I'm buying a little more to average down. I just hope they are close to the video editing software or a drone at this point which I'm sure they are.
I still say they will be a take over target from Google......JMHO
Also as they say....Bulls make money, Bears make money and the Hogs get slaughtered. I'd say the shorts are being hogs right now....and stand to get slaughtered like the Bulls did at $90
For sure John.....that show drives me crazy. I mean Pete Najarian and the bunch were long just a bit ago.....they love to exploit stuff....typical NEWS cast. Its been my experience when they are down on it...buy it. My God they hated Netflix at $50 and like a dummy I passed on it again and looks its over $400......they dont know their ass from their elbow.....yeah wasn't ventin on you by no means.....just hate that damn segment....and on top of it I heard that clown actually brought that up in Nov 2014....and look they are all over it again to stop any momentum that it had a chance for. All the clowns on the dumb Yahoo board..............drive you nuts.
Oppenheimer has an underweight with a 35 dollar target. He is just trying to push his bs. After hours is for suckers. Anyone selling will regret it tomorrow....also ...and what about Facebook and Youtube..... dont they both make money on ads?.....heck.... I have been using both for a long long time and yet to pay either one a dime. So.... duh Michelle Lee....its all about how many people are clicking away "like me" watching video after video. The ads that come from that are where they will make money. Now if they decide to go into a revenue share program for content providers........I have.no idea about that.,...............but that argument is another time....a long time down the road.
Yep ...people pay for Apple for a reason. eom
hopefully to a De-Luxe apartment in the sky..someday anyway...LOL..eom
Another amazing thing is that Apple sells GoPros......look into how many other company products Apple sells.....its not a big list at all. I'll bet the CEO doesn't sleep some nights worrying that Apple will take them out if not Google. Irwin Jacobs said exactly this when Qualcomm was a small company............they never got bought out and look at them now. I cant see how this company s not a take over target. Not only are they the best in this space.....but the name is synonymous with the technology. Companies that have a name that signifies the product space are huge.....and people use GoPro to describe wearable cameras. Even if one had a "Sony' they might refer to it as a "GoPro" period......JMHO
yeah don't know myself just read this article from November 2014 from CCS Insight about their prediction on it and why.
http://www.valuewalk.com/2014/11/gopro-inc-to-be-acquired-by-google/
http://www.itproportal.com/2014/11/24/wearable-tech-predictions-google-set-buy-gopro-2015/
What does anyone here feel about the chances of Google buying GoPro in 2015?...I know that one firm predicted it...but does any of it make sense?
Thanks
Whens the last time Clay Trader did a chart for us? EOM
Big companies make big news. They have already raised guidance for 2015. Amazing how when you have good business men.....you get good results. Just sayin....
Frustrating no doubt
well I thought that Apple smashed an earnings record last quarter too?.....so indeed then there should be I would think. I was invested in Apple last quarter...so to me it adds up.
yeah but if I'm not mistaken Apple didn't get the full load of Iphone 6 in their latest reported quarter (Last week).....so I think it will really impact next quarter. I want to say the only realized a couple weeks of Iphone 6...so If Apple has to wait until they are retailed....does Pegatron have to report as they are manufactured?