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Buy Gpro now!

I bought Gpro when it opened. It went up and down and up and down again...... Had I sold when it was high, I'd be happy. If I sell now, I've kinda lost nothing. If I wait and it crashes I have no one to blame but myself.
 
mercurial said:
Entopic, I think we can categorically say, based on historical data, that your buy call was not good advice. In the one month that followed, the max potential upside was around 10%, and in approximately 14 of those days, the stock was flat or down from it's price on 10/15/14. At no point past 11/15/14 was the stock ever above the price you recommended and if held until now you would've lost half your money. I think it's extremely unlikely you made ANY money on GPRO.

At this point GPRO is at IPO price, and I don't see it recovering. I think it was pretty clear in retrospect that if anyone did manage to make money on GPRO, it was mostly because of clueless retail investors piling into it behind you. I believe that I and Reli (?) called this outcome during a thread pre-IPO. It was pretty clear all along, their total addressable market is just not that large, they claimed a media/content play but they have competitive disadvantages to youtube and they will not be able to profitably monetize with their own ads, and they lack a competitive moat around their business nor is it particularly obvious that customers would be willing to upgrade recurrently.
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I made my money and was out. What are you looking for, a 100% turn around? Here the thing, you called it and didn't act. I did and made money. We aren't talking about a huge amount but I played it right. Why even bring this stuff up?
 
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Because you gave terrible advice, but you've been passing yourself off here as some kind of expert stock picker. Maybe you've managed to make some money on your style, maybe even alot, but it's a style that will ultimately burn most people if they follow it, because it's mostly just gambling.
 
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Just to support the above statement, I have personally received 17 pm's since last October from Entoptic that stated, verbatim, "dear byke, i just wanted to let you know im an expert stock picker. thanks".
 
byke said:
Just to support the above statement, I have personally received 17 pm's since last October from Entoptic that stated, verbatim, "dear byke, i just wanted to let you know im an expert stock picker. thanks".
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2928543-524906464-Not_sure_if_serious.jpg
 
byke said:
Just to support the above statement, I have personally received 17 pm's since last October from Entoptic that stated, verbatim, "dear byke, i just wanted to let you know im an expert stock picker. thanks".
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Reported, TOS 4.2

:p
 
mercurial said:
Because you gave terrible advice, but you've been passing yourself off here as some kind of expert stock picker. Maybe you've managed to make some money on your style, maybe even alot, but it's a style that will ultimately burn most people if they follow it, because it's mostly just gambling.
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Please stop focusing on what you call expert advice. We all know that I have given out plenty of shitty advice and owned up to it. I think the bigger picture is that you just want to point a finger and I am your target. I give out advice, the stock rises and there is a good amount of money to be earned. The stock falls, like all stock and suddenly I'm giving out bad advice. Then you go on about gambling. What do you think the stock market is? A place to safely invest your money?
 
byke said:
Just to support the above statement, I have personally received 17 pm's since last October from Entoptic that stated, verbatim, "dear byke, i just wanted to let you know im an expert stock picker. thanks".
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lol why haven't you signed up for my monthly newsletter? I give the best penny stock picks!
 
And the hits just keep on comin...

Shares of GoPro Inc. GPRO, -6.74% dropped more than 6% in morning trade on Monday, following a negative article in Barron's likening the video-camera manufacturer to BlackBerry. "History hasn't been kind to one-product wonders like GoPro," wrote Barron's reporter Alexander Eule. "BlackBerry once had a similar perch in smartphones. So did Palm in the days of digital organizers." GoPro shares, trading near $32, peaked at $93 last October. According to Barron's, the most bearish case for GoPro on the street is $48, which Eule says is wishful thinking for the stock, considering the company's potential amid competition. GoPro shares have dropped 48% in the year to date. The S&P is down 4%.
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I never understood the hype around gopro. Couldn't Canon or Nikon or any other camera manufacturer make a high def action camera for a similar price and steal market share.
As far as it becoming a media company, I'm not betting on that becoming the huge success the stock price seemed to be reflecting.
 
Blankpage said:
I never understood the hype around gopro. Couldn't Canon or Nikon or any other camera manufacturer make a high def action camera for a similar price and steal market share.
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Yes, tons of other companies have been doing so for quite some time, the biggest being Sony. The only difference with GoPro is their marketing, and their psychological affiliation with athletes and adventure. Consumers are sold on experiences and image, not features and capabilities. For understanding that, GoPro deserves credit.
 
Yet Morgan Stanley's one year target price $35 is 23% higher than where it is currently trading. Buy Gpro now
 
analysts are your friends. they don't want to make zillion$ manipulating stock prices for their employers, they want to help barfers pay for that H1R. oookey dookey.
I think the new camera might have torpedoed the premium branding..think gucci douche bag. as if I know. :twofinger
fwiw, my accountant, just LUVS Morgan Stanley stock. yeah, I bought a little. She probably knows more about this stuff than I do, and the more money I make, the more money she makes, sooooo..
 
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This thread is still going! I love it! A few weeks ago I debated saying buy Netflix now but I'm sure the rise to 120 from 98 within a day with a drop off shortly after would have had a few members here slinging insults at me about how I didn't tell them to sell.:twofinger
 
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