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Buy Gpro now!

Reli said:
Pretty much.

But I don't know anyone here who still owns it, do you?
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I have exposure to GPRO. Not selling, might as well hold. Possibly a buyer once the SP steadies. Waiting on the sidelines for now. I think GPRO could be a good trade. Undecided on LT prospects.
 
LikeWaah said:
I have exposure to GPRO. Not selling, might as well hold. Possibly a buyer once the SP steadies. Waiting on the sidelines for now. I think GPRO could be a good trade. Undecided on LT prospects.
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I think you might be right, but I'm also thinking I'm going to miss the bottom. I tend to do that and always think "IT WILL GO LOWER!"

I'm staying with my standard Mutual Funds, which I've managed about a 8-10% return at the moment, so not bad. I missed the investing boat on the crazy 30% upswing after the recession as I wasn't invested like the noob I am.
 
JesasaurusRex said:
I hope this makes it to best of barf, worst financial advice thread in barf history :laughing
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Actually the inverse

OP said the time was to buy. He never indicated when to sell. At purchase you would have had the opportunity for a 100% upside if you sold at height. If you kept it to date, well that's on you... You need to define your upside and exit when it meets your goals
 
Yakoo752 said:
Actually the inverse

OP said the time was to buy. He never indicated when to sell. At purchase you would have had the opportunity for a 100% upside if you sold at height. If you kept it to date, well that's on you... You need to define your upside and exit when it meets your goals
Click to expand...

Thanks Yakoo. There was a short gain and profit was for the taking if acted upon.

Hell I'm making good money on the Netflix swing but Im sure some folks will look at that as piss poor as well because it's not a 100% turn around and just minor 5 - 7% here and there.

Honestly GoPro is looking pretty good once the bottom hits. Even at ten dollars a share the risk is lower then the reward imo. 1k invested for the potential of 5k return sounds tasty to me. I'm ok with losing that amount for a chance at something much larger.

I think the big thing to take from this thread is that everyone has different investment strategies and no one person has the correct answer.
 
JesasaurusRex said:
I hope this makes it to best of barf, worst financial advice thread in barf history :laughing
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Funny you mention that because it is also the longest and most active investment thread on barf. Why hate? Join in and enjoy. Your new gaming rig could be free if you invest correctly.
 
Entoptic said:
1k invested for the potential of 5k return sounds tasty to me.
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5K assumes you left it in till the top

What if they sold early, after it only doubled?

Or, what if they leave it in even after it hits 5K, and then it crashes?

No offense, but all these threads about individual stocks seem so random and amateur, because unless you guys are insiders in the industry, you are just using the same publically-available information that the big-time traders have already traded on. For example you might spend a lot of time researching a stock, but everyone else who trades that stock has read the same info. So all those future projections and hopes or fears are already built into the price of the stock.
 
Reli said:
5K assumes you left it in till the top

What if they sold early, after it only doubled?

Or, what if they leave it in even after it hits 5K, and then it crashes?

No offense, but all these threads about individual stocks seem so random and amateur, because unless you guys are insiders in the industry, you are just using the same publically-available information that the big-time traders have already traded on. For example you might spend a lot of time researching a stock, but everyone else who trades that stock has read the same info. So all those future projections and hopes or fears are already built into the price of the stock.
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Oh reli. One day your posts won't be full of hate and condescending remarks. Why do you hate the world so much?

Why not share your investment knowledge? We don't need to be insiders to know what is going on.
 
Reli said:
No offense, but all these threads about individual stocks seem so random and amateur, because unless you guys are insiders in the industry, you are just using the same publically-available information that the big-time traders have already traded on. For example you might spend a lot of time researching a stock, but everyone else who trades that stock has read the same info. So all those future projections and hopes or fears are already built into the price of the stock.
Click to expand...

That's generally speaking, true, assuming it's a perfectly rational market. But it's not. Even if the fair value of GPRO is $20.11, it will fluctuate back and forth, sometimes lower, sometimes higher. Overtime, it will average to $20.11, but it still allows for trading opportunities in the short term.

If the hopes and fears were already built in the price of the stock, we would see little day to day price variation. Instead, we see 3% swings intraday. Volume is just okay though.
 
Yakoo752 said:
Actually the inverse

OP said the time was to buy. He never indicated when to sell. At purchase you would have had the opportunity for a 100% upside if you sold at height. If you kept it to date, well that's on you... You need to define your upside and exit when it meets your goals
Click to expand...

Using that argument I could tell people to buy gopro now and just wait indefinitely without saying anything and when/if it goes above the current price say i'm a genius. Could also say to hold a bit longer for the rest of our days if the price goes down. Without telling people when to sell this thread was retarded. To date it's been poor advice. Guess we'll keep on waiting though...
 
Last edited:
MikeL said:
Buy low, sell high.

Thank me later :thumbup :party :x
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640
 
JesasaurusRex said:
Using that argument I could tell people to buy gopro now and just wait indefinitely without saying anything and when/if it goes above the current price say i'm a genius. Could also say to hold a bit longer for the rest of our days if the price goes down. Without telling people when to sell this thread was retarded. To date it's been poor advice. Guess we'll keep on waiting though...
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No

If I asked you for directions somewhere and you didn't tell me to stop at my destination, should I just keep driving?

similar story, you get to decide when you've arrived at the destination.
 
Reli said:
No offense, but all these threads about individual stocks seem so random and amateur, because unless you guys are insiders in the industry, you are just using the same publically-available information that the big-time traders have already traded on. For example you might spend a lot of time researching a stock, but everyone else who trades that stock has read the same info. So all those future projections and hopes or fears are already built into the price of the stock.
Click to expand...

You're probably better off investing in a CEO than just a particular company. Some are simply better than everyone else. The turnaround guys and such.
 
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