zcsniper
Long

GPRO to release consumer drones ($500-$1000 ea)

NASDAQ:GPRO   GOPRO INC
924 3 2
"GoPro Inc. is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts, according to people familiar with its plans.

The company plans to start selling multirotor helicopters equipped with high-definition cameras late next year, aiming for a price tag between $500 and $1,000, according to these people." - Article: http://online.wsj.com/articles/gopro-developing-line-of-consumer-drones-1417020883

With something along these lines being developed and released into the public, depending on the estimated costs on each drone they might be able to get enough momentum to bring prices back up between $85-$95.. though at the same time if the development is a total fluff like the Phantom Drones than we can easily see prices retrace back down to $51.65
What do you see as most probable?
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zcsniper NickCoulby
to be honest.. probably dip in value
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I think GPRO is breaking out!
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