LinkedIn didn't tank reasons as TWTR. LNKD tanked because revenues from another company initially made LNKD revenues look much more impressive (acquired vs organic). TWTR tanked based on a clear strategy/intent by Noto & Dorsey
One of the most despised companies
Barely giving back any thing after earnings run up. The cleanest best earnings of all techs this quarter. Now more than ever this kind of growth could fetch a major premium buyout.
Look at GM, common shareholders were wiped out even after a century of ownership. Even if a company becomes the most valuable company in the world after BK, before BK every common shareholders I wiped out, the stock gets done and finished.
So why don't you buy it and average down? Ran out of money?
BTW do you know telling others to buy when you are not a licensed broker can get you in a lot of trouble with SEC and should LOCM go BK and people lose investment, you can potentially be liable.
3 Reasons GoPro Stock Could Rise
By Investopedia | June 08, 2015
GoPro (NASDAQ: GPRO) stock has had an incredible run. Its 56% jump over the past three months was spurred by its stellar first-quarter report in April. To be sure, GoPro's quarterly revenue jumped 48% year over year to $363.1 million, which resulted in 149.4% growth in net income to $35.6 million, or $0.24 per share. Wall Street was only anticipating revenue of $341 million, and earnings of $0.18 per share.
To be fair, analysts expected figures above the guidance GoPro provided with its fiscal fourth-quarter report in February, which itself caused the stock to plunge 13% in a single day before finding a bottom in mid-March. As it stands, even after the recent pop, GoPro stock is down around 6% so far this year. If you rewind a little further, you'll see shares also sit around 40% below their 52-week high, set last October.
Lucky for us, that means we could be looking at an opportunity to buy shares of the promising camera-maker before it has a chance to return to those highs. It will be no easy task, but here are three catalysts that could help GoPro stock do just that.
1. Progress in becoming a "media" company
2. A strong hold on its core market
3. New hardware markets
The action camera market may support several years of growth for GoPro Inc (NASDAQ: GPRO), and the company will see limited threats from lower-priced competition, an analyst said Monday.
The company, which recently launched a new mid-priced Hero + LC camera, changed hands recently at $60.30, up $0.89. Shares have gained more than 50 percent in the past three months.
Additional product tweaks, expected in the second half of 2015 and early 2016, will help GoPro beat volume estimates over the next 12 months, according to Cleveland Research's Benjamin J. Bollin.
The analyst expects growth in the action camera category in the 20 percent to 30 percent range "for the next several years," with additional opportunity for GoPro emerging in the market for consumer drone products.
GoPro posted first quarter revenue growth of 54 percent.
The 60s could have a few 3-4 dollar back to back days. Chart looks very bullish. Above all Moving Averages.
Very important technical reversal. This should be when big upside moves start to come in.
This could get to $70 much faster than many are anticipating
This could get there way before the ER as after AMBA release clearly reflecting GPRO demand and all the positives investors should want to get in first.
To investors for the first time since ReCode casual announcement
GPRO can drop AMBA at a heartbeat like AAPL does with its suppliers. AMBA is successful because of GPRO product demand. If AMBA is performing o well that means GPRO must be doing much better. GPRO can squeeze AMBA margins and create even more profitability.
High Volume $61 was my target of reconfirm and unlike before on today's open GPRO didn't fade.
Just need to confirm the simple moving averages to cross over with the 50 getting to 200. When I wrote this I was discussing the exponential. That's why there might be some consolidation before next move. But the stock acted well today. I'm sidelined to see if it consolidates or rips up for confirmation. It's moved up 50% from the lows in a few months. But would love to see it at new highs. Close above 61 would be bullish.
I expect new highs next week
Next week should be new highs with the conference in effect.