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Saturday, 07/08/2017 4:25:13 PM

Saturday, July 08, 2017 4:25:13 PM

Post# of 10056
...With CEO Nick Woodman beginning to tout the growth potential of GoPro's products and contirbutions from business improvements, GPRO stock - down 6.9% year to date - appears to at have established a floor.

GoPro stock has risen as much as 31% since dipping to a 52-week low in mid-March. That, alone, is a strong answer to the question "has the stock bottomed?"...the risk-reward offered by the shares is now too attractive to ignore - particularly for investors with risk tolerance.

Why GoPro could have its best year yet
The reason the best could be ahead for GoPro comes down to the pessimism already priced into the stock. Action cameras and 360 cameras are one market that hasn't yet been taken over by the big players in tech, leaving an opening for GoPro to get its strategy right. And management may finally be ready to execute on the opportunities they identified as ways to grow the business a long time ago.

*July 20th would be the day

Sharing FWIW.
*Do your own DD.

THANKS FOR SHARING!

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