i am waiting on the next aapl "new product introduction day" to be announced. in thinking that could be their camera announcement, i will buy puts just to see if what happens. i love watching this thing trade. 10x sales is a bit of a stretch. i wish someone would buy my business for 10x sales. retire if they did.
god i recall the late 90s and internet stocks. FROTHY. this one is too, that's y i stay away. i have heard that AAPL is introducing a action camera of their own next year. that's probably when you see the froth disappear. until then, i am just watching the action.
why then would amazon sell ipads when they have kindles, why then would Walmart sell P&G products when they have their own private label products....its simple, they want to make money now and they do not have their own action camera product to sell yet. i am not trying to bash gpro as i have one myself. should be interesting to watch it play out though.