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GOPRO was hotcakes! Ive been watching stocks since I was 17 and getting a feel on how they react to certain things happening in the world or in the news.
for example, the whole ebola scare sky rocketed certain companies, like lake industries (LAKE) and a few pharmaceutical companies. Tekmira (TKMR), Chimerix (CMRX). and now that ebola is dying down, so are their stocks, for the most part.
GOPRO is long gone now for making any reasonable profit on it.
When it IPOed, It was around 25 a share, went to 50ish in September and almost topped off at 100. then crashes came, and the usual. Now the lockup period is almost over (180 days) so once December 26th hits, the people who bought on the IPO price are going to dump their shares on the market and take their profit and run. Dec 26th probably would be a good time to buy GOPRO, BUT its a big risk. A lot investors/shows/news articles etc., bash gopro. like Cramer....
But I think ill buy a couple depending on how much GOPRO drops on the 26th.
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