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Buy Gpro now!

Blankpage said:
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
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I'm not a big speculator either but I do pick one or two a year to buy and go long on and while its a few dollars, to me it's Vegas without the cheap booze/whores :laughing

I picked up NFLX in '12 at it's "height" - all of $85 but this was just before it fell to $60... but I am always long on speculation. I was told by numerous people that I was stupid to not cut bait. When it doubled I sold 1/4, when it tripled I sold 1/4 more, and when it hit $350 I dumped it all. I'm back buying it under $375 but for different reasons now.

I'm not into companies like this for retirement money, I'm in them in hopes to pay for a second vacation every year :laughing . If I can make $2k, I can go someplace nice in the US, if I make $5k we go to South America, and if I make $10k we go to Europe.

Wife just got back from 20 days in Peru and we're doing Belize and Europe next year.

I am far from a rich man, but it's fun and if done right, it can put some pennies in your pocket.

Anyone remember Bitcoin :laughing that's true speculation and I stayed far away!
 
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Yakoo752 said:
I'm not a big speculator either but I do pick one or two a year to buy and go long on and while its a few dollars, to me it's Vegas without the cheap booze/whores :laughing

I picked up NFLX in '12 at it's "height" - all of $85 but this was just before it fell to $60... but I am always long on speculation. I was told by numerous people that I was stupid to not cut bait. When it doubled I sold 1/4, when it tripled I sold 1/4 more, and when it hit $350 I dumped it all. I'm back buying it under $375 but for different reasons now.

I'm not into companies like this for retirement money, I'm in them in hopes to pay for a second vacation every year :laughing . If I can make $2k, I can go someplace nice in the US, if I make $5k we go to South America, and if I make $10k we go to Europe.

Wife just got back from 20 days in Peru and we're doing Belize and Europe next year.

I am far from a rich man, but it's fun and if done right, it can put some pennies in your pocket.

Anyone remember Bitcoin :laughing that's true speculation and I stayed far away!
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Couldn't have said it better. I am sure we all have our retirement plans but this is purely fun money. Yakoo uses it for vacations and I am attempting to buy the new Dragster RR with my gains.
 
MikeL said:
I often dream about how I should have mined BTC back in the day. Talk about the easiest millions you ever did make.
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but in order to have made any real money - you needed to get into it long before people even knew what bitcoin was.

I debated it. However, I personally think the philosophy behind the product was flawed, so I was out. (stores of value vs medium of exchange)
 
Yakoo752 said:
but in order to have made any real money - you needed to get into it long before people even knew what bitcoin was.

I debated it. However, I personally think the philosophy behind the product was flawed, so I was out. (stores of value vs medium of exchange)
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Exactly, but mining was so easy back then. One of my good friend's roommates made about $75k. I was really impressed, this was a few years ago. He tried convincing my friend to get into it, he wouldn't haha.

It will be interesting when the mining stops and people get paid to verify transactions instead.
 
So GPRO is launching their "first" series - it's piggybacking off their Hero4 Launch video "Life in 4k". A new video comes out every Tuesday.

[youtube]toxDDERtvOY[/youtube]

the questions are, can GPRO profit off of something like this and how much profit can they make? :dunno
 
Yakoo752 said:
So GPRO is launching their "first" series - it's piggybacking off their Hero4 Launch video "Life in 4k". A new video comes out every Tuesday.

[youtube]toxDDERtvOY[/youtube]

the questions are, can GPRO profit off of something like this and how much profit can they make? :dunno
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Don't have any 4k devices yet.. dammit.
 
The potential to monetize content "should change in future years, as GoPro believes it may be able to help users license their content in a similar manner as YouTube does. According to GoPro management, 90 percent of YouTube’s content submitters give YouTube the right to monetize their content. GoPro believes it can have a similar or better conversion rate than YouTube, likely due to strong brand loyalty."
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Doesn't say much to specific strategy but

GPRO and Youtube have a very good relationship
 
90 percent of YouTube’s content submitters give YouTube the right to monetize their content.
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I find that a little hard to believe, considering that 1) most members only post 2-3 videos, and 2) You have to reveal exactly who you are in order to monetize. No thanks.
 
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Cool video, the quality of the Hero4 is indeed impressive.

GoPro cannot make serious money off advertising because they do not own the majority of content their devices produce. That content is owned by the third parties that produce the content. Third parties that produce real content and actually want to make real money, prioritize distribution of their content on the platform that yields the highest effective revenue per page view. Revenue per page view is driven by advertiser participation, and advertiser participation is largely driven by scale of reach. Chicken and egg; GoPro needs lots of good content and huge reach to drive good rates, but needs good rates to collect good content and create huge reach.

As for the content that GoPro does own and self-produce, I see alot of videos with 100,000 page views. Not terrible, but still deeply unprofitable. GoPro needs to be making routinely making and owning videos with 100M page views to generate real money, regardless of the platform the content is published on.

One way GoPro can try to bootstrap a media platform strategy is to encourage their hobbyist user base to publish to GoPro instead of YT, through technical implementation. I say try, because it really only gets you about 20% of the way there; large amounts of hobbyist content typically isn't enough to attract premium advertisers, unless the scale of reach is simply enormous. Like global, in the tens of billions of page views per day. And even if they do go down this difficult road, to do it they need to create a compelling reason why the user should self-publish to GoPro instead of YT. I'm sort of at a loss as to what this compelling reason might be, since YT already has an insanely fast, totally global infrastructure and is the de-facto place that regular people expect videos to reside.
 
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they're an underdog for sure

especially when you look at things in a traditional manner

I can tell you, their content collection program is not traditional at all.
 
I'm no giving my positions away until after COB :x

don't want anyone to run up my price :laughing

it'll probably fall a lil bit more in AMC/AMO but I don't have time tomorrow morning to monitor - I do have some purchases ready if they get to under $15 (I don't foresee this at all but a boy can dream)
 
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Yakoo752 said:
I'm no giving my positions away until after COB :x

don't want anyone to run up my price :laughing

it'll probably fall a lil bit more in AMC/AMO but I don't have time tomorrow morning to monitor - I do have some purchases ready if they get to under $15 (I don't foresee this at all but a boy can dream)
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I'll be avoiding anything that requires my day to day attention
 
Blankpage said:
I'll be avoiding anything that requires my day to day attention
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who said anything about day to day? (monitor was the wrong term - I should have just said look)

Timing the buy is equally as important as timing the sell. I've been following this company since a coworker asked me to look into them. I didn't like them at the time but did leave myself a note to look at them during earnings call. They missed external but hit internal amongst a few other things. It forced their stock to fall 25%. That became my entry point. I bought all I am comfortable with and will sell when I am comfortable.

There are really only 12-16 days or so in a given year that I truly look at stocks. I do follow a handful of companies as well and will purchase when I feel the time is right.

how long does it take to log into my trade account and glimpse at what I own/am following? 15 secs on my phone
 
For me watching my spending is yielding better results than watching stocks. For stocks I now just set em and forget em, but still staying open to opportunity if something falls in my lap.
 
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