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Buy Gpro now!

All in the timing, which I don't have time for. Dollar costing into aapl, $1k every 15th of the month, and holding that line..
aci hopped 700% in a week on a short squeeze. I was working, and couldn't play it. got back 20% on my long position, but still took a $20k ding.
That was a new 'strada, you know?:|
 
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channelcat said:
lost over $200k on the market in my time
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I was down 100k in 09 almost as quick as you could blink, sucked balls.
But then buough SIRI at $0.17 and still holding, made up for those loses with this stock alone.
Was so many massive rebounds since then. Had I gambled more I'd easily be retired now. Unfortunately gave too much weight to the doom and gloom preachers and played it safe and still working.
 
exactly. lady luck is a bitch. gpro is not heavily traded, like siri. I had tsla, aapl, cmg, bunches of 'em, bought on nothing but instinct,all in the 20s, and sold too soon. over $5 mil if held. I did the calcs.
regretting won't help finding. I still regret, so I'm going low and slow for the moment. Going back to smoking crack like a pitcher who won't change his socks after a win streak isn't going to help, either.:|
there is an element of not caring necessary to fly with this stuff, with your own money.
 
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Blankpage said:
I was down 100k in 09 almost as quick as you could blink, sucked balls.
But then buough SIRI at $0.17 and still holding, made up for those loses with this stock alone.
Was so many massive rebounds since then. Had I gambled more I'd easily be retired now. Unfortunately gave too much weight to the doom and gloom preachers and played it safe and still working.
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Everyone is talking about $100k this, $200k that and I'm over here broke as fuck. :x
 
entry point is everything. once you are hearing about it, the easy money has been made.
 
Blankpage said:
That was a significant chunk, more than I could afford to lose.
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that day LOR declared BK, it was a hard earned $86k gone in one day. like getting hit by a freight train, whuuuut?
'Are you sure you aren't fooling yourself?' is a good question any investor should ask themselves.
all the news and fundamentals in the world won't overcome an entrenched confirmation bias.
 
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MikeL said:
Haha :twofinger

Don't you mean "LEAVE THE AREA PEASANT SCUM!" .. oops that may have leaked from the housing threads.
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It's been my experience that the more money I make the less actual work I do. Not because I'm getting lazy but because the actual job is less demanding. Doubt I'm the only one that feels that way too. Kinda phucked up.
 
An old coworker had been through a couple startups and managed to fatten his retirement just into seven figures by his early 40's and lost more than half of it when the '08 bubble burst. It's probably back to where it was now, but it had to have stung a good bit.
 
JesasaurusRex said:
It's been my experience that the more money I make the less actual work I do. Not because I'm getting lazy but because the actual job is less demanding. Doubt I'm the only one that feels that way too. Kinda phucked up.
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It's an inverse bell curve, keep going and there will be a gnarly rise.
 
JesasaurusRex said:
It's been my experience that the more money I make the less actual work I do. Not because I'm getting lazy but because the actual job is less demanding. Doubt I'm the only one that feels that way too. Kinda phucked up.
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In a lot of cases I think this stems from jobs moving more towards managing processes instead of demanding/mind numbing labor. Not that managing isn't a pain in the ass but it's more mentally taxing than physically. Of course that's incredibly simplified.

Really rich people tend to have their money work for them it seems. I just don't have enough to make that practical nor do I consider myself smart enough to pull it off haha.
 
LikeWaah said:
The margins are definitely impressive. Isn't that more than Apple's gross margins?

I'm definitely excited to see what the new hires are going to be doing with creating a media revenue stream.

I am optimistic about their 360 camera tech, however I do have a concern that it's not their software, but someone else's SW. If that is the case, there isn't much stopping the SW owner to use a different HW provider. If GPRO also controls the SW, then I see it as the beginning of a moat.

WRT to the drone, I haven't seen or heard too much about it yet. What do you think compared to something like this:
[video]
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While 360 is a HW product, getting all sensors involved to snap it's 1 image every second at the exact identical time is incredibly difficult - almost impossible. Getting 2 for 3D was hard, but 6... identically, tough, tough, tough. That's truly the firmware (SW) piece that drives this. The stitching software is provided by GPRO and resides in Google's cloud taking advantage of their processing power. All Google is providing is the processing power required to stitch 6 HD (possible 4k) videos together.

I've played with Lily, I'll pass. It has a long way to go to being functional and to being "autonomous" and I'm not sure the full legality behind "autonomous" drones in US Airspace.

I see videos like this

[youtube]JADCZuSOQRU[/youtube]

and note how smooth it is and it's not done in post - some killer stabilization technology at play. I do not believe this was shot with one of their currently available cameras.
 
Yakoo752 said:
While 360 is a HW product, getting all sensors involved to snap it's 1 image every second at the exact identical time is incredibly difficult - almost impossible. Getting 2 for 3D was hard, but 6... identically, tough, tough, tough. That's truly the firmware (SW) piece that drives this. The stitching software is provided by GPRO and resides in Google's cloud taking advantage of their processing power. All Google is providing is the processing power required to stitch 6 HD (possible 4k) videos together.

I've played with Lily, I'll pass. It has a long way to go to being functional and to being "autonomous" and I'm not sure the full legality behind "autonomous" drones in US Airspace.

I see videos like this

[youtube]JADCZuSOQRU[/youtube]

and note how smooth it is and it's not done in post - some killer stabilization technology at play. I do not believe this was shot with one of their currently available cameras.
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Neat toy, no doubt.
I see legal issues ahead here
 
Awesome, this is exactly the direction I was hoping this thread would take.

Yakoo752 said:
While 360 is a HW product, getting all sensors involved to snap it's 1 image every second at the exact identical time is incredibly difficult - almost impossible. Getting 2 for 3D was hard, but 6... identically, tough, tough, tough. That's truly the firmware (SW) piece that drives this. The stitching software is provided by GPRO and resides in Google's cloud taking advantage of their processing power. All Google is providing is the processing power required to stitch 6 HD (possible 4k) videos together.
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Those are pretty much my concerns, though you shed some details that I wasn't fully aware of (using Google's processing power).

I'm relieved that the stitching is provided by GPRO. I wonder if the SW used to sync all 6 cameras is GPRO as well. If so, I'd say their moat is truly getting larger, as that will be harder for the Chinese competitors to replicate.

Yakoo752 said:
I've played with Lily, I'll pass. It has a long way to go to being functional and to being "autonomous" and I'm not sure the full legality behind "autonomous" drones in US Airspace.

I see videos like this

[youtube]JADCZuSOQRU[/youtube]

and note how smooth it is and it's not done in post - some killer stabilization technology at play. I do not believe this was shot with one of their currently available cameras.
Click to expand...

Oh you've actually used it in person? What did you like/dislike? The 20 min time limit is sort of a killer for me. I am not stopping every 20 min to change out a battery or something like that.

I'm also not sure about the legality of drones in general, but maybe we will see a compromise under a certain elevation.

I had to go watch some other videos to compare. It does seem exceptionally smooth, it's hard to believe they didn't do any post-processing. How much of this, do you think, is due to a really skilled operator?

I could see them coming out with a HERO 5 in conjunction with their drone in 2016.
 
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LikeWaah said:
Those are pretty much my concerns, though you shed some details that I wasn't fully aware of (using Google's processing power).

I'm relieved that the stitching is provided by GPRO. I wonder if the SW used to sync all 6 cameras is GPRO as well. If so, I'd say their moat is truly getting larger, as that will be harder for the Chinese competitors to replicate.
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the firmware to sync the cameras is all GPRO as well.

LikeWaah said:
Oh you've actually used it in person? What did you like/dislike? The 20 min time limit is sort of a killer for me. I am not stopping every 20 min to change out a battery or something like that.

I'm also not sure about the legality of drones in general, but maybe we will see a compromise under a certain elevation.

I had to go watch some other videos to compare. It does seem exceptionally smooth, it's hard to believe they didn't do any post-processing. How much of this, do you think, is due to a really skilled operator?

I could see them coming out with a HERO 5 in conjunction with their drone in 2016.
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I haven't functionally used it but I've witnessed it being used, I can't fly for shit ;) But battery change outs isn't a huge issue for it's intended purpose. There aren't many times I'm going to be physically active in the zone for greater than 20 minutes. What I didn't like was how often it ran into shit and crashed :laughing it often found a way to hit the only tree in the park :facepalm I don't see a good use for it in nature after seeing what I saw which eliminates a huge use case for it. Also, it wasn't very accurate and struggle to make the user the main focus of it's shot. It needs more sophistication.

I know the pilot in that video, he's very skilled at what he does but I don't think it's exceptionally hard to keep level manually, I do assume they have an auto level function. The bigger wow factor for me is not horizontal or vertical leveling, but there is no "warble" from the rotors... so the camera is fully vibration dampened.

I don't think it would make sense to launch them in the same quarter though. I could see the drone and spherical in Q1 of 16 and the new camera in Q3. This would really help cement good sales. Bolster their spring/summer with drone and bolster Christmas with new camera.
 
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Just took a gamble and bought NBG minutes before the close. Putting it out there for ridicule before it's move so all y'all can laugh if it doesn't work out.
Been watching this one for a while and might be on the road to some sort of a recovery after this weekends news.
 
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