GoPro, Inc. (GPRO)

[HGG]

I don't think it's bad at all. The company clearly has cash and they are planning to invest more into marketing and R&D as well, which tells me they believe in their product and the potential it has in the market.
By buying shares at this level, they believe their stock is undervalued which ultimately will increase their valuation as growth occurs.
GoPros are one trick pony cameras that they are way ahead of their competition. Seriously, the Millennials own that market and all future generations. As long as they keep the prices where they are at, they will keep buying it
Also, they have improvements and updates on their accessories, which ultimately leads to upgrades.
I'm a buyer at this levels, for sure.