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Thursday, August 10, 2017 11:49:14 PM
Nope...not $7, it's over all market from
Trump vs N. Korea that caused market sell off for couple days & as for profits taking on GPRO.
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GoPro Inc. 's (NASDAQ: GPRO) share decline from nearly $90 to under $10 didn't happen because people stopped using GoPro cameras. It happened because GoPro lost focus of its position in the camera market and compounded its problems by building too much inventory, resulting in massive losses over the last two years.
CEO Nick Woodman and team have had to reconfigure the business and give up on aspirations of becoming a media company, but GoPro finally seems to be better off for it. And after second-quarter results, it looks like GoPro is finally learning from its mistakes and positioning itself for success going forward...
FWIW, keep your shares at least to end of 2017, GPRO will be $15+ IMO.
Trump vs N. Korea that caused market sell off for couple days & as for profits taking on GPRO.
______
GoPro Inc. 's (NASDAQ: GPRO) share decline from nearly $90 to under $10 didn't happen because people stopped using GoPro cameras. It happened because GoPro lost focus of its position in the camera market and compounded its problems by building too much inventory, resulting in massive losses over the last two years.
CEO Nick Woodman and team have had to reconfigure the business and give up on aspirations of becoming a media company, but GoPro finally seems to be better off for it. And after second-quarter results, it looks like GoPro is finally learning from its mistakes and positioning itself for success going forward...
FWIW, keep your shares at least to end of 2017, GPRO will be $15+ IMO.
THANKS FOR SHARING!
Recent GPRO News
- GoPro Shares Slide After Company Raises Going Concern Warning (GPRO) • IH Market News • 06/01/2026 02:47:25 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 06/01/2026 01:22:18 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 06/01/2026 01:18:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/01/2026 01:12:22 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/28/2026 08:37:18 PM
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- GoPro's New MISSION 1 Series Cameras, Mounts, and Accessories Now Available for Pre-Order at GoPro.com, Shipping May 28 • PR Newswire (US) • 05/21/2026 01:03:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/19/2026 09:59:05 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/19/2026 09:58:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/19/2026 09:57:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/19/2026 09:56:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/19/2026 08:39:50 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/18/2026 08:06:15 PM
- GoPro wins major patent dispute after court throws out claims and damages award (GPRO) • IH Market News • 05/18/2026 12:46:35 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/18/2026 10:50:37 AM
- GoPro Retains Investment Bank Houlihan Lokey to Pursue Strategic Alternatives • PR Newswire (US) • 05/13/2026 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/11/2026 08:59:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/11/2026 08:16:40 PM
- GoPro Announces First Quarter Results • PR Newswire (US) • 05/11/2026 08:15:00 PM
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- GoPro MISSION 1 Series Cameras Earn Three Top Industry Awards at NAB Show 2026 • PR Newswire (US) • 04/27/2026 01:00:00 PM
- GoPro Announces First Quarter Earnings Webcast • PR Newswire (US) • 04/24/2026 10:30:00 AM
- Form SCHEDULE 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 04/21/2026 08:21:52 PM
