Analyst saying AMBA is priced at worse case scenario levels. Expects the stock to move much higher going into earnings. GPRO slowdown is more than priced in and investors not looking at the bigger picture.
Also lifting the stock this morning is AMBA announcing earnings call on December 3.
Gpro earnings expectations are so damn low that its almost impossible for GPRO not to exceed and i think thats exactly whats going to happen at least the next few days.