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Well now that we've had a 100% pullback can we go back up a bit?
Yeah seriously. This is just ridiculous.
Well, I'm down 50%. This sucks. I still think TEUFF should be at least between .03 and .05 or higher.
Yeah I really should have! I agree that it'll go back up there, even if it doesn't break into the .04s it should test .039 again.
I feel so stupid for buying at .035.
TEUFF $0.10 coming!!
Oh alright thank you.
powerbattles where'd you get that share structure?
I don't think anyone was expecting 1000% today. 1000% over the next few days or weeks, yeah that's possible.
I've got 29 million for the float.
Yeah that's possible for sure, I'm expecting .05-.10 at least. That'd value the company at only $3,000,000-$6,000,000.
Yeah I'm with you there, bought at .035 not looking pretty right now. But I still think it's going higher so holding for now.
Bought in at .035, let's go!!
Seriously, if you value the company strictly on their cash on hand which is ~ 5.9 million, then the stock should be at $0.19. This could easily see anywhere between $0.10 & $1.00.
Got an order in at .021 for tomorrow morning, hopefully it gets filled!
It is a nice drone DJI made. The way I see it is GoPro is like more like Apple, whereas DJI is like Android. There's plenty of room for both GoPro and DJI to sell a ton of drones.
A close above $16 is very bullish.
Lol typical, I guess we're going to have to wait for numbers for Wall Street to finally see GoPros value.
Good trade girlfriend, IMO GPRO is heading for $18 - $20+ range soon. Get ready!
It's definitely possible, PPS will start moving up at some point leading up to Karma reveal. Huge things coming up for GoPro including a return to profits!
Big buys pre-market
Except that's not necessarily the case, because while the rest of Wall Street has been going up and up and up for the past few years, GoPro has been going down and down and down. This stocks rebound has just begun, and unless the market full on crashes I think it will have little effect on the stock.
GoPro Inc. (GPRO) Lifted to "Strong Buy" at Vetr Inc.
http://www.com-unik.info/gopro-inc-gpro-lifted-to-strong-buy-at-vetr-inc/
Don't Ignore This Chart --- GoPro (GPRO) Breaks Free Of Its Mount
http://stockcharts.com/articles/dont_ignore_this_chart/2016/08/gopro-gpro-breaks-free-of-its-mount.html
Key Indicator Shows Huge Upside for GPRO Stock
http://www.profitconfidential.com/stock/gopro-inc-key-indicator-shows-huge-upside-for-gpro-stock/
Yeah it happens, don't take it too hard though. There will always be another opportunity!
Damn, was looking at this yesterday but didn't decide to buy. So that stinks. But congrats to anyone who was holding, enjoy your profits!
Lol
Weren't you just saying that charts don't matter and charting doesn't work?
Also, GPRO fell from $60-$80 to the current price range because it was grossly overvalued. It was trading at many times their earnings and when the hype stopped it crashed. The difference is now it's market cap is just about equal to their yearly revenue, if it went any lower it'd be undervalued. On top of that, there is more reason now than before to believe in GoPro (many new product releases coming up, and moving into other new industries). Market sentiment is finally turning around, don't be surprised when GoPro starts going up.
Yeah GPRO is such a junk stock. ~ $1.4 billion revenue a year, $700 million profit, $400 million cash on hand, 0 debt, their releasing exciting new products in new and exponentially growing industries, and they have some of the best marketing and branding out there. By your standards, every company on the market is a junk stock.
I don't know about $40's but this will definitely get back to the $20's at some point.
Well it's a good thing GoPro is releasing new products in new industries! Also, I think we all know that companies with premium prices, high quality products, and successful brands can do exceptionally well (Apple, Nike, etc...). There are cheaper phones than iPhones but people still buy them, there are cheaper shoes than Nikes but people still buy them, there are cheaper action cameras than GoPros, but people still buy them. GoPros action cameras aren't going anywhere, and while those keep selling they'll be selling drones too, they'll be selling VR products too, and who knows what else.
You as well!
Well yes, they are fairly niche with only the Hero cameras. If the company was sticking with the Hero and not moving into other new industries then I would agree with you. The drone industry is expected to be worth as much as $120 billion by 2020, VR is about the same (worth $120 to $150 billion by 2020). GoPro is going into both of these with one of the biggest brands in the world. Granted, the products are expensive and there will be cheaper alternatives to Karma and later products. But as we've seen most people are willing to pay the premium. Along with that, they do put out great products.
That's awesome for you! I wish I was short at $45. I bought for the first time at $9 just recently. The thing is you can't say this has been pumped and dumped, it's not a penny stock. This is a billion dollar company with $400 million in cash and zero debt. It was overvalued back when it was at $45+, but it isn't anymore. It's current market cap is nearly equal to its yearly revenue. With the Karma drone, Hero 5, and the company going into VR, IMO this stock is only going to go up from here.
Well your post was implying that todays drop is being caused by the company and the commercial.
It's down because of Britain leaving the EU. The whole market is down in case you haven't noticed. This has nothing to do with the commercial.
Yeah that's some serious competition! They've got $200,000 in cash! What a piece of trash $GPRO is with $400,000,000.
I don't see this breaking the support at 9.01. It will hold and head back up pretty soon IMO, buy as much as you can while it's under $10. Easy profits to be made here.