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Re: bar1080 post# 7753

Thursday, 07/14/2016 7:04:17 PM

Thursday, July 14, 2016 7:04:17 PM

Post# of 10056
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.
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