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Emmis Communications Corp. Message Board

afr6262 4 posts  |  Last Activity: Oct 13, 2014 1:07 PM Member since: Mar 2, 2010
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  • afr6262 by afr6262 Oct 13, 2014 1:07 PM Flag

    When is this dog going to pay a dividend? Due for a bounce?

  • Reply to

    Please don't buy at this price

    by afr6262 Sep 24, 2014 7:17 PM
    afr6262 afr6262 Sep 25, 2014 10:46 PM Flag

    I'm going to answer you seriously. Whats happening with GPRO is what I call a low float short squeeze. Since only 20% of all GPRO shares can be traded until December, the stock can get pushed up to astonomic heights. You add that to the fact that it now costs 100% per year to hold this stock short, and you get a massive short squeeze. I personally know of more than one trader thats been forced to cover his short position by his broker because the shares he borrowed could not be located. This happens more than you would think. Anyway long story short, once the squeeze is over, this thing could crater. Also, and MOST IMPORTANTLY, the other 80% of shares that are held will be availalble to sell on December 23rd. These shares are held by the founders and early investors from under $1 a share. These guys made so much money they just dump them as soon as they can.

    GPRO may be a great long term investment but I feel confident in saying that your sister will have another opportunity to buy shares again under $50, maybe even under $36 again. Good Luck

    Sentiment: Strong Sell

  • Reply to

    Please don't buy at this price

    by afr6262 Sep 24, 2014 7:17 PM
    afr6262 afr6262 Sep 24, 2014 7:22 PM Flag

    Just trying to save ppl some money. Pay it forward ya know... And oh ya, I'm about to sell every call I can tomorrow possibly

  • For everyone waiting for a pullback or to anyone thinking of chasing this stock at these levels. STOP. Don't do it. Your intuition is right. You can't buy stocks that have run like this. There is a lockup expiration in December and I promise you it will pullback into that. If you still like it on December 23rd then buy in then. Please I'm begging you not to buy this now at the these prices.

    Sentiment: Sell

2.10-0.02(-0.94%)Oct 22 4:00 PMEDT

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