GoPro, Inc. (GPRO)

[Nikodemos]

Considering a starter position & began research where GPRO stands. But SO FAR
I'm not convinced a recovery is in sight; & the recent slide to the downside appears
to be gaining some volume-momentum...As charts signal more downside.

FD: No position whatsoever (long, short, nothing atm). Just open to hearing
where others think the bottom is here. I could see a sub-$7 test. Which is
kinda crazy considering GPRO was ~$100 just months after their IPO. And
NOW with direct-competition underway the market pressures could amplify
the consequences of future missteps.

I don't see where they have their strategy worked out yet; growing-forward,
& that suggests more downside is coming -- at least in the very near-term.

Thoughts?



$GPRO