Replies to post #8237 on Keeping It Simple

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GPRO Intraday

43.06 7/16/14


Intraday

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GPRO



Intraday

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GPRO Dec. 23, when the lockup on virtually all other shares held by company insiders become available for trade.

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Why Digital Ally May Get More Orders From The Gov't

BY JAMES DETAR, INVESTOR'S BUSINESS DAILY

02/23/2015 12:51 PM ET


Digital Ally (NASDAQ:DGLY) shares shot up as much as 30% early Monday before moderating gains, after the wearable camera maker announced that it has been awarded GSA status by the federal government.

The General Services Administration is the federal government's primary purchasing agency. Receiving GSA status not only gives Digital Ally preferred vendor status for federal contracts, but raises the likelihood that it will receive more state and local government contracts.

Shares were up about 14% at 12.61 in Monday trading on the stock market today, retaking their 50-day line for the first time since early January.

The GSA status award comes amid increasing competition among wearable camera makers, who are moving into each other's markets to gain new customers.

Lenexa, Kan.-based Digital Ally competes with Taser (NASDAQ:TASR) and, recently, with sports camera maker GoPro (NASDAQ:GPRO) in selling cameras worn by law enforcement officers to record field situations.

Use of digital wearable cameras by police agencies, including those in Los Angeles and New York City, skyrocketed in the wake of recent high-profile shootings of unarmed suspects.

Digital Ally also sells cameras for in-vehicle use and earlier this month filed for a patent related to a breath analyzer system and computer program for preserving breath analysis data.

GoPro mainly sells cameras to sports enthusiasts to record epic surf rides, ski runs and such. But it's also entered the law enforcement market.

It may get competition in its flagship sports market from Digital Ally, though. Reuters reported last month that Digital Ally CEO Stanton Ross said the company might have that type of camera ready for a "soft launch" by the third quarter.


Read More At Investor's Business Daily: http://news.investors.com/business/022315-740418-digital-ally-shares-jump-gsa-award.htm#ixzz3SmVPVhE9
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

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GPRO

Open Gaps

Direction Date range
up Apr-29-2015 47.1 to 51.15

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Taser, Digital Ally Soar On New DOJ Body Cam Program

BY ALISSA WILLIAMS, INVESTOR'S BUSINESS DAILY


Shares of Taser International (NASDAQ:TASR) and Digital Ally (NASDAQ:DGLY) shot up on Friday after the Department of Justice announced a $20 million pilot program for the funding of body-worn cameras for police officers.

The DOJ funding comes as six Baltimore police officers have been charged in the death of Freddie Gray, who suffered a fatal spinal injury while in police custody. His death sparked protests, riots and looting in the city.

But the funding also follows several other high profile cases of deaths of unarmed black men at the hands of police, sometimes on camera, sometimes n

Some 50 grants, which require a 50/50 in-kind or cash match, are expected to be awarded to local law enforcement agencies, DOJ said.

The pilot program is part of President Obama's proposal to invest $75 million over three years to purchase 50,000 body-worn cameras for police departments.

"Body-worn cameras hold tremendous promise for enhancing transparency, promoting accountability, and advancing public safety for law enforcement officers and the communities they serve," Attorney General Loretta Lynch said.

Taser jumped 7.2% to 32.37 on the stock market today, nearly eclipsing its record high set in December 2004. The stock is now about 14% extended past a 28.40 buy point from a price consolidation.

On Thursday, Taser easily beat first-quarter earnings and sales forecasts. Known for its stun guns, Taser's saw Axon body camera and accompanying Evidence.com data storage and processing systems revenue soar 288%. Overall earnings rose 117% vs. a year earlier.

Taser stock jumped 7.6% on Thursday.

Digital Ally stock increased 8.6% to 15.19 on Friday. Shares are trading about 55% off of their Sept. 2 high of 33.59, which was reached in the wake of the Aug. 9 shooting of Michael Brown in Ferguson, Mo.

Although GoPro's (NASDAQ:GPRO) action cameras aren't marketed specifically for law enforcement purposes, police officers are using GoPro cameras in the field. Shares dipped 0.2% Friday. But the stock rose nearly 12% for the week after reporting stronger-than-expected earnings and sales growth.

Ambarella (NASDAQ:AMBA), a video chipmaker for GoPro but also many other devices, rose 4% on Friday to 76.05.


Read More At Investor's Business Daily: http://news.investors.com/business/050115-750599-taser-digital-ally-gopro-body-cameras-doj.htm#ixzz3YvJYX6uK
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

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GPRO

29.70

Intraday

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GPRO 29.60 10/5 FIT 38.25 10/5

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GPRO

18.83

+ to build/ all 2 5

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GPRO

$18.37 +0.36 (+2.00%) on 3,990,970 Above Avg Volume

While
DOW 17,011.01 -414.02 (-2.38%)
NASDAQ 4,871.14 -136.27 (-2.72%)

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GPRO

Open Gaps

Direction Date range
down Dec-04-2015 18.88 to 18.64
down Nov-18-2015 20.77 to 19.98
down Nov-13-2015 23.1 to 22.95
down Oct-29-2015 28.42 to 26.35
down Sept-21-2015 34.39 to 33.98
down Sept-02-2015 42.09 to 41.37
down Sept-01-2015 46.35 to 44.05
down Aug-20-2015 54.35 to 53.7

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GPRO

Rocking off that 17.50 low today

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GPRO

Support/Resistance...............Open Gaps
Type Value Conf...................Direction...Date...range
resist. 64.81 4.......................down Dec-04-2015 18.88 to 18.64
resist. 54.03 2.......................down Nov-18-2015 20.77 to 19.98
resist. 46.45 2.......................down Nov-13-2015 23.1 to 22.95
resist. 42.52 6.......................down Oct-29-2015 28.42 to 26.35
resist. 35.25 5 ......................down Sept-21-2015 34.39 to 33.98
resist. 32.42 2 ......................down Sept-02-2015 42.09 to 41.37
resist. 30.52 2.......................down Sept-01-2015 46.35 to 44.05
resist. 26.64 7.......................down Aug-20-2015 54.35 to 53.7
resist. 19.49 25
supp 8.33 2

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Balls or no balls. That is the question, J.

GPRO

http://finance.yahoo.com/video/why-gopro-still-deserves-outperform-200300362.html

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GPRO

cpps 11.88


Open Gaps Down

Direction Date range
down Feb-24-2016 12 to 11.86
down Jan-14-2016 14.32 to 12.82
down Dec-04-2015 18.88 to 18.64
down Nov-18-2015 20.77 to 19.98
down Nov-13-2015 23.1 to 22.95
down Oct-29-2015 28.42 to 26.35
down Sept-21-2015 34.39 to 33.98

Read more at http://www.stockta.com/cgi-bin/analysis.pl?symb=gpro&cobrand=&mode=stock#BIeLgtAFObaqmkQp.99

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GPRO

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GPRO 11.11

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GPRO

$12.28 +1.31 (11.94%) $12.28/7 $12.29/12 7,245,283 Above Avg

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GPRO, FIT, TWTR

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GPRO Intraday

15.57

15.16,15.19,15.22,17.02,15.29,18.80,15.34,18.80
.4,.4,.3,3,.3,.1,.2,.3
.1,.1,.2,.2,.2,.1.5,.3,.2

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GPRO

really nice trend off that bottom

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GPRO 10.14

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Gpro

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GPRO Gap

Reports 2/2 A
cpps 10.57


Open Gaps

Direction Date range
up Jan-24-2017 9.47 to 9.81

50d 9.43
Fin 9.00

re/B: 5,5,2,1,2,1.5,3,5, after earnings



Intraday

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UPDATE 1-GoPro expects 1st-qtr revenue at top end of its forecast
4:51 PM ET, 03/15/2017 - Reuters

(Adds details, background, updates shares)

March 15 (Reuters) - GoPro Inc on Wednesday estimated its first-quarter revenue at the top end of its previous forecast, and said it would cut about 270 jobs to reduce expenses in a bid to return to profitability in 2017.

Shares of the company, which had 1,552 employees as of Dec. 31, were up about 7 percent at $7.89 in extended trading.

GoPro had previously forecast its revenue to be $190 million to $210 million in the quarter ended March 31.

"We currently have no need to draw on our credit facility and we expect to be EBITDA positive for full-year 2017," Chief Financial Officer Brian McGee said in a statement.

The wearable action-camera maker has been struggling with slowing sales of its helmet- and body-mounted cameras as cheaper rivals emerge and smartphones feature increasingly advanced cameras.

GoPro has also been plagued by missteps: a delay in the launch of the Karma drone, production issues for the Karma and Hero5 camera once they launched in mid-September, and then a recall.

The job cuts come about three months after the company said it would cut about 15 percent of its workforce and shutter its entertainment business.

GoPro said it would incur charges of up to $10 million in the first quarter related to the restructuring. (Reporting by Gayathree Ganesan in Bengaluru; Editing by Maju Samuel and Shounak Dasgupta)

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GPRO $8.20 +0.845 (+11.50%) on 4,265,388 Above Avg Volume 9:56 am

Gap up 7.35 ish

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Why Depressed Valuation, Restructuring Make GoPro a Buy

Zacks Equity Research

ZacksMarch 29, 2017

http://finance.yahoo.com/news/why-depressed-valuation-restructuring-gopro-135201245.html

GoPro, Inc. GPRO has been one of the worst performers in 2016, without a doubt. A litany of problems — some driven by market forces, others self-inflicted — hurt the company, resulting in the stock losing 52% of its value during the course of the year. Currently, the stock is trading at $8.58, which is near its 52-week lows.

We have a Zacks Rank #2 (Buy) on the stock. Let’s discuss the reasons why we believe this company is worthy of its rank.

Restructuring: Cost Streamlining & Job Cuts

Cost cutting has become one of the company's top priorities and the action camera maker recently revealed plans to do so by cutting 270 jobs. The company also assured that it would bring down operating expenses by over $200 million and return to EBITDA profitability in 2017.

This is certainly not the first time GoPro has turned to job cuts in an effort to slash costs. Last year, the company witnessed two rounds of layoffs, cutting 7% and 15% of its workforce in January and November, respectively.

We believe that GoPro will be able to attain these massive cost reductions, in light of its recent business restructuring, which did away with many high-cost operations, including its entertainment division.

Further, GoPro recently affirmed its Q1 revenue guidance to be in the upper end of the $190–210 million range and reiterated its target of full-year non-GAAP profitability.

Depressed Valuation

GoPro has been trading at very depressed levels. As you can see from the chart below, the level is near the company’s historic lows. If GoPro is able to carry through its restructuring and turn its fortunes around, investors who get in now — before these restructuring efforts are priced into the stock — will stand to make outstanding returns on their investment.

Zero Debt

GoPro has absolutely no debt on its balance sheet. As a matter of fact, in a recent press release, the company's CEO insisted that GoPro has no plans to draw on its credit facility. This dramatically reduces the financial risk of the company and also minimizes the chances of it shutting down its business.

Shift in Focus

From the company’s recent actions and the quarterly update, we have gleaned that GoPro has learned from its mistakes of going all over the place and losing focus of what made it a niche company in the first place. It is now going back to making hardware and software that enable people to capture great stories — something it does best.



In fact, the company has been increasingly aligning itself with the smartphone era. Consider the content creation war between Facebook FB and Snap SNAP — it shows a secular trend toward individualized, social content creation. GoPro’s concept fits perfectly with this trend. However, the company’s products have failed to achieve mass traction in the absence of an effective sharing aspect — which is a key element.

Interestingly, GoPro is now working on making the smartphone the central focus of creating stories, which could help the company break out of its shell.

A Niche Market

The action sports camera space — a market GoPro created — is a relatively nascent one. But consider this — according to market research firm, Global Market Research, the action camera market size is projected to grow at a CAGR of over 22% from 2016 to 2023, and GoPro holds 50% of this market. Such a foothold in an expanding market indicates strong potential for revenue growth.

Analyst Estimate Revisions

GoPro has been witnessing solid activity on the earnings estimate revision front in recent times. Analysts have become increasingly bullish on the company, as the Zacks Consensus Estimate for 2017 trended up over the past month, narrowing from a loss of $1.09 to a loss of $0.47, thanks to five upward estimate revisions compared to none lower. That is a massive 56.9% upward revision to the 2017 earnings estimate.

Summing Up

Near-term revenues are stabilizing,costs are coming out of the system and the company anticipates EBITDA to be positive for full-year 2017. Add to that a Zacks Rank #2 and bullish analyst interest, and the stock seems quite an attractive investment opportunity.

Considering the depressed current valuation, we believe that the prudent investor should get in now, before all these positives get priced in.

[eastunder]

GPRO 9.16


Open Gaps

Direction Date range
up Aug-07-2017 8.38 to 9.51
up Mar-16-2017 7.37 to 8.05

However - 1st time back above 200 since Oct

200 d @ 8.89
50 D @ 8.51

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GPRO

6.42

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GPRO Tracking volume intraday
Note: currently + .16 or up +3.04%, but on below ave volume
of 550,557 shares 10:29et

High 5.42
Low 5.20


Intraday

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GoPro Can't Afford Another Product Flop With Fusion

https://finance.yahoo.com/news/gopro-apos-t-afford-another-221400719.html


GoPro Inc (NASDAQ: GPRO) was once one of the hottest IPOs on the stock market but has rapidly fallen out of favor with investors. The company has reported $570.8 million in losses over the past eight quarters on miscues like overbuilding inventory and a number of underwhelming product launches. The most disappointing of those products was the Karma drone, which was recalled only weeks after launch and completely abandoned a little over a year after hitting the market.

Given its financial struggles, GoPro can't afford any more product flops right now. It's tightened up its Hero lineup of cameras to a "good, better, best" strategy and a consistent, proven form factor for the cameras, which should now be a fairly stable product line. The wildcard is the Fusion spherical camera that GoPro launched in 2017, which allows 360-degree image capture. GoPro is trying to create a market from nothing with Fusion, much like it did with action cameras in the early 2000s, but it's a risky bet for a company in a perilous financial position, and it can't afford Fusion to be a flop right now.


Where Fusion fits in the camera market

The spherical camera market is still in its infancy and there are only a handful of competitors for GoPro to fend off. Samsung, Garmin, and Kodak each make a spherical camera, but none have made it a centerpiece of their product portfolio.

The challenge is that winning in spherical cameras may not even move the needle for GoPro. Statista projects wholesale revenue for all spherical cameras in the U.S. at $65 million for all of 2017, so the market is very small. GoPro doesn't break out Fusion sales in its results, but in the first quarter of 2018, GoPro held 41% of the spherical camera market on a dollar basis, according to NPD, so it is capturing a large percentage of available sales.

Despite the small market size, Fusion has some features that could make it attractive for camera users. Overcapture allows users to take a spherical video and then "overcapture" a 2D video from any angle after the fact.

Fusion is also compatible with GoPro accessories, making it an easy product addition for action sports lovers.

Why Fusion's success may be out of GoPro's hands

What makes Fusion a huge risk is the nascency of the spherical camera market. Not only have very few spherical cameras been sold, but there aren't a lot of 360 content viewers on the market that could draw customers to a spherical camera. GoPro has a 360 player in its app on mobile devices, but its spherical content isn't easy to use on virtual reality (VR) headsets.

What could drive the spherical camera market forward is wider acceptance of virtual reality headsets. Facebook's Oculus Go is the first mass-market virtual reality headset that brings high quality and a low starting price of $200. If the device reaches mass adoption of 10 million or more -- about five times the sales of any other VR headset -- it could bring in a new wave of consumers looking to create 360 video content.

Strangely enough, it's probably the adoption of VR headsets that will drive Fusion's success, and that's largely out of GoPro's hands.

[eastunder]

GPRO

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GPRO

3-9-19

6.00

GoPro, Inc. (Nasd: GPRO)

SEC, nasdaq,

ShortSqueeze, yahoo

Finviz, StockTA, Stoxline,