I wanted to add a little commentary on GPRO, as I think I’m one of the few holders of the stock on this board.
Fletch - you’re not alone. I’ve been holding GPRO as the numbers look right to me too. Just shows how emotional and irrational the market can be. If they continue to grow or have upside earnings, articles will be published saying how it was oversold, and the market will swing back. If they miss earnings we might have to cut our losses.
Hard to believe it is below the IPO price with that kind of growth.
I’m concerned GPRO’s press releases have not addressed the market concerns head on. This is a red flag in my book, but waiting for the next earnings release.
Thanks for posting!