Entoptic
Red Power!
maybe it's the cup and 2 girls pattern
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Wow the whole tech sector is getting pounded today.
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Buy Gpro now!
- Thread starter Entoptic
- Start date
Wow the whole tech sector is getting pounded today.
Yakoo752
USN
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alien
Just talking out my ass but why should any stock be twice its ipo price within a year of being released to the market, considering all the work that was put into coming up with that ipo price. The ipo price itself is often highly optimistic.
It may prove to be a great company but that doesn't mean its a great stock.
Yakoo752
USN
spec·u·la·tion
/ˌspekyəˈlāSH(ə)n/
the forming of a theory or conjecture without firm evidence.
Do you think GPRO can convert from a hardware company to a media company that also creates hardware?
Do you think GPRO can monetize on that conversion?
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alien
spec·u·la·tion
/ˌspekyəˈlāSH(ə)n/
the forming of a theory or conjecture without firm evidence.
Do you think GPRO can convert from a hardware company to a media company that also creates hardware?
Do you think GPRO can monetize on that conversion?
Maybe, but do you think none of that was considered when an ipo # was calculated?
Why is a media comapny worth a 90 times multiple?
Yakoo752
USN
It was but to what extent I don't know. The IPO price is a reflection of what an investment house feels it can sell the stock to the public for.
Goog is a good example of a stock being underpriced at launch - $85 a share - expectation was $105 but the houses didn't feel that the general consumer would understand the business model
When Goog IPO'd did you feel there would be as much upside in it then it had? Where is it at today? The company has transitioned very well.
I don't know - I don't know what GPRO has up it's sleeves in regards to what form of media company it will become. HBO averages $1.8B in revenue will that be the model? Youtube does about $6B per year - will they attempt that model?
I do know GPRO spent a cubic shite tonne of money in R&D recently - on what? I don't know but it wasn't camera development I would wager.
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Yakoo752
USN
fwiw - I bought GPRO based on the leadership and what I feel they are capable of.
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alien
It was but to what extent I don't know. The IPO price is a reflection of what an investment house feels it can sell the stock to the public for.
Goog is a good example of a stock being underpriced at launch - $85 a share - expectation was $105 but the houses didn't feel that the general consumer would understand the business model
When Goog IPO'd did you feel there would be as much upside in it then it had? Where is it at today? The company has transitioned very well.
I don't know - I don't know what GPRO has up it's sleeves in regards to what form of media company it will become. HBO averages $1.8B in revenue will that be the model? Youtube does about $6B per year - will they attempt that model?
I do know GPRO spent a cubic shite tonne of money in R&D recently - on what? I don't know but it wasn't camera development I would wager.
Google ipo'd at 19 times earnings. They were already established, everyone knew what they did.
Has gopro proved they can pull off the reinvent you're hoping for?
Yakoo752
USN
Go back and read what I said about speculation.
If they have proven it... It wouldn't be speculation
What do I think the stock is worth? What I can sell it for!
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Entoptic
Red Power!
did you look at oil
back to 80 a barrel!
spec·u·la·tion
/ˌspekyəˈlāSH(ə)n/
the forming of a theory or conjecture without firm evidence.
Do you think GPRO can convert from a hardware company to a media company that also creates hardware?
Do you think GPRO can monetize on that conversion?
Yakoo beat me to it.
Entoptic
Red Power!
I don't know much about oil futures so yes go ahead and invest.
I used to do research into all things energy, mostly on renewable but a bit into oil. I predicted we would never see under $3.50/gal here in California again.
Moral of this story: Don't listen to me.
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Entoptic
Red Power!
It's already under 3.50 a gallon but I do agree with you that the days of 1.09 gas are gone ( you did say that right ?
). The history of oil is telling and with the drop in price I am willing to bet that it will go right back up I just don't know enough to make an educated guess.
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Yakoo752
USN
The cup and handle projection might have been correct.
What a run this morning
What a run this morning
Entoptic
Red Power!
I hope it is cause that was a loooooong handle!
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It's already under 3.50 a gallon but I do agree with you that the days of 1.09 gas are gone ( you did say that right ?
I don't make predictions anymore, but I would agree $1.09 gas is gone haha.
Entoptic
Red Power!
I predict the sun will rise and set within a day!
Yakoo752
USN
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alien
Well I did say I was talking out my ass. I'm not a big speculator so I wouldn't be following any analyst making an argument for a 70 times multiple. I try to pick a stock picker, I never try to pick a stock. Some guys have a much better track record than others.
There's room for gambling but with a small percentage for me.
Good luck with your picks