"Cramer Says" ????
I wish stocks always moved like what he says in his show - I would have been a billionaire by now !
In relative terms a phone, a laptop, tablet is a necessity, and is required every day. Not so much in the case of GoPro cameras
Something to keep in mind when thinking of investing in this stock long term.
24,576,724 shares traded yesterday during regular trading hours. Another 5 million traded during AH
Thats a lot of volume, and a significant percentage of the shares float.
And after those words he recommended Ambarella.
He did not recommend to buy GPRO
This traded both ways in AH - I am not sure what to make out of this.
Could there be some profit taking, given that fact that GPRO has had a nice run-up to the earnings ?
FB is overvalued. You are correct, this stock is backed by some big crooks. Goldman Sacs invested a lot into it pre-IPO. As long as these guys have skin in this game, FB will keep moving up.