More like GPRO. Remember the media claiming no barrier to entry. Anyone can make a camera. Kids will just use their phones for cameras. Same story with FitBit. Cramer has this one right. It's a different experience. More comfortable to wear while being active. Works on any platform, so they have the whole market.
Some want to be out incase there is bad Greece news over the weekend or Monday. I picked up some UA down a bit. Traders will be watching Spieth all weekend in his UA swag.
2Ku will deliver peak speeds of 70 Mbps to the aircraft, which is more than 20 times the bandwidth provided by Gogo’s first gen Air-to-Ground (ATG) solution in the U.S.
Time to see if my Costco trade played out. Families driving SUV, vans and trucks save money on gas and spend saving on Chinese goods at Costco with strong dollars. Costco earnings up on energy savings and wholesale purchasing power of strong dollar.
Buying opportunity. Global expansion coming. Faster speeds in 2016. People can't stop using their phones. Look around you.
It all depends on earnings and guidance. There is 32% short float, so gas for the fire if GOGO moves up. GOGO dropped when competitors announced they were entering the space. One thing I can say is that people cannot put down their phones. Business travelers want to work while flying. Demand and speed is only going to increase. Who will deliver is the question.