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GoPro, Inc. (GPRO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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10.28-0.16 (-1.53%)
As of 10:11AM EST. Market open.
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  • r
    rchmail703
    GoPro as a company is very strong on all aspects and measures, that's a fact not conjecture. BUT the stock has a LOT of "short" shares out there and 75% of ALL shares outstanding are held by over 250 investment companies.
    So here is what is going on explaining why the stock often goes up, things start to look encouraging, and then the price falls off a cliff:
    When you buy shares of a stock, it's called going long. Buying short is buying stock using leverage expecting the stock price to go down. Shorting then, occurs when you sell more shares than you own.

    Since a stock's price is determined by how many people buy a share vs. sell one, short selling increases the number of sellers and typically lowers a stock's price.

    On a daily basis, shorts use computerized trading to control the direction of the share price. At carefully determined times, the shorts overwhelm the buyers (bid price) of the stock by selling short a large number of shares to drive the share price down and to eliminate the buyers for the stock at that given time.
    The way to break this cycle? Only one way: enough buying has to happen at once to make short share holders have to abandon their contracts to avoid losing money big time. That is going to take a big surge like over $1.25 or $1.75 in a single day. That can happen if great news comes out or great quarterly results.
    Bullish
  • D
    Dave
    I bought 10,000 more shares this week. It’s amazing how the shorts control this stock. I’m thinking of a big earnings beat because .35 /share is forecast when the earned .34 share in Q3. I’m thinking .92/share earnings for FY 2021. That should bring attention to investors. I expect to be $13 soon. Once the Pandemic subsides, stock will strengthen.
  • e
    eddy
    $20+ looks likely in February
  • r
    rchmail703
    It's a completly red day on the markets, so we'd expect that gravity to also have GPRO down a little (.03). Next week it's going to spring back up and be nicely positioned just before the 2/03 investors call, then trampoline up.
    Bullish
  • r
    rbtbob
    $2.50 to $12.50 would have been a good trade.
  • r
    rbtbob
    I had never looked at GPRO before reading an M Fool article about its potential. Looking at the financials, I am perplexed at the share price and action. What's the explanation?
  • J
    J
    Unprofitable techs are being destroyed today. 💵 rotation to profits and business model credibility.
    Bullish
  • o
    obco1
    I sure hope their cash hoard goes for an acquisition..... not dividends or share buybacks.
  • K
    Kyle
    Everyone wants a price explosion, but this grind higher is great. The fundamentals continue to improve, we are getting closer to dividends or share buybacks, and the subscription business continues to get stronger and stronger. This continues to improve.
  • e
    eddy
    Love the negativity …this stock has 100% gain all over it
  • J
    J
    November, December 6, 20, 31 lows are getting higher. This is excruciatingly slow, but it’s still positioning to pop.
  • D
    Dave
    Woodman tanked the stock today and sold 200,000 shares at about 2:30pm est
  • o
    obco1
    My yearend take......
    Its clear we are in a turnaround of profitability... Building up a cash hour. However sales are not exciting. 7.1% y/y 2020/2021 is not so great. I want to say Im very bullish on GPRO and hold a large position relative to my portfolio.
    We need a wow factor.....I think the market is waiting for a real y/y sales growth story. We need some hi double digit sales growth y/y....... Everyone beat 2020 easily if your doors or web presence was open. It seems that's what is holding us back. If sales decrease 7-10% because of a recession we are back to square one. A stagnant growth play, stogy old one trick pony. Id like to see an acquisition with our money and not a share buyback or dividend. This is the only thing wall street is capitalizing on .... Cashflow... growth.... We need to buy the next new revenue stream for us.
    Bullish
  • J
    J
    Hopefully the November- December experience reminds everyone what you already know about diversifying your positions. Otherwise you risk significant underperformance.

    I follow quite a few stocks & crypto and rebalance my positions at least every Friday. This way the weak horses get weeded out periodically. It’s more work to follow multiple positions, but it my experience produces much better results.

    Happy New Year everyone and I hope to see a new Lamborghini in your driveway!
    Bullish
  • B
    Bill
    In my opinion, it's Woodman's corporate lethargy that has lowered and is keeping GoPro's growth and price-per-share down from a high of approximately $90.00 in 2014/15 to $2.00 in 2020, since taking the company public, then settling at approximately the current $10.00 range. The winners here since 2014 have generally been shorts, sub-$12.00 hedgies....and, of course, Woodman.
  • o
    obco1
    I am in hopes this correction is over by Feb 3, and some momentum up will be occurring
  • r
    rchmail703
    Here it starts... with the auto- computer generated algorithms that sell and drive it down
    Bullish
  • B
    Bill
    There's nothing like shareholders seeing 200,000 shares of their corporation's stock being sold-off every 24th of the month by the corporation's CEO to instill confidence. Lead the way, O' Leader!!
  • r
    rchmail703
    Hey true investors! Lift your chins up and be optimistic here are the year to date numbers. Remember the tortoise still travels and reaches its destination!

    USD +2.50 (30.90%) year to date
    Bullish
  • A
    Antonio
    Hey all! I made a video explaining why I think $GPRO has a 300% price per share increase ahead. I hope you enjoy it. Feel free to share with family and friends to raise awareness of the $GPRO turnaround.

    https://www.youtube.com/watch?v=JDzQhVdaBu4&lc=UgxBqSzJjXthmjR3BGB4AaABAg

    Best wishes!
    Gopro Stock: 300% Upside from Here
    www.youtube.com
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