GPRO -4% here... I have been playing around with this amazing action cam, full 1080p 30fps or 720p at 60fps, does everything the Gopro will do, all for $60! Why is GPRO falling so much?
Reported after close today (5/5/16) Earnings: EPS -$0.63 Revenue $183.54M Estimates: EPS -$0.60 Revenue $169.08M Down 0.84% in after hours
Too many problems: Karma may delay again to 2017. Sales are drop 50%. Lost over $34M per month. CEO will spend time his yacht soon
And here we are, $9.83 pre market. You know, when this this was running to $90 I was baffled, I felt like I was taking crazy pillls, why did nobody else see the problem here? lol
Am I the only one who's surprised by the fact that GPRO has exceeded revenue expectation by some $15.5 mil?
Gil Oren is fueling the hate train to up the stock price confirmed! Seriously it feels as if we've hit the floor here. Thoughts?
Yes, I shall bash the stock lower and buy it up at $5! Which is probably not out of the question, this could easily be a $5 stock.
true...the buying of cameras like this depends on holidays, and we have 5 - 7 months before any hope of consumers spending again, so I could see it dropping again. I was mainly talking about day trading this one. If it hits $5 ( like you joked about ) I'll have no choice but to buy it.
