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GPRO - GoPro

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Mar 31, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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    ER due out AMC today.

    Here are the consensus & whisper #'s:

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    T0rm3nted likes this.
  2. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

    [​IMG]

    GoPro shares fall after results miss Street expectations

    GoPro shares initially plummeted after the company reported quarterly results that missed analysts' expectations on Thursday.

    Here's how the company did compared with what Wall Street expected:
    • Adjusted loss per share: 30 cents vs. 11 cents expected according to Thomson Reuters
    • Revenue: $334.8 million vs. $340.1 million expected according to Thomson Reuters
    That revenue figure came in below the $340 million the company forecast in early January when GoPro lowered its guidance.

    At the time, GoPro said it expected fourth-quarter revenue of about $340 million. That announcement sent the stock to an all-time intraday low of $5.04 a share. GoPro shares ended Thursday's regular session at $5.50.

    Following its fourth-quarter results, GoPro initially plunged as much as 11 percent in after-hours trade. The stock has since rebounded, but was still seen trading more than 3 percent below its closing price in choppy late trading.

    (Click here to read more!)

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  3. StockJock-e

    StockJock-e Brew Master
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    Death spiral here, nothing seems to be able to stop the bleeding.
     
  4. KyleLennon

    KyleLennon Member

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    GoPro operates in a highly competitive cameras and camcorders market. The market has an extensive presence of well-known camera makers like Canon, Nikon and Olympus. Additionally, many electronics giants like Sony, Samsung and Panasonic have penetrated into capture devices market, thereby pushing the level of competition a notch higher...
     
  5. StockJock-e

    StockJock-e Brew Master
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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    [​IMG]
    Has been consolidating here around 6.35, with a rising trendline. Look out for a short squeeze if it starts breaking out, still 22% of the float is short.
     
    T0rm3nted likes this.
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Unicorn Dreams likes this.
  8. StockJock-e

    StockJock-e Brew Master
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    Buying pressure continues
     
  9. rg7803

    rg7803 Active Member

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    A move above 7$ level may "spice" things up !
     
  10. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Watching GPRO for a quick pop over the next couple days
     

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