kamalepatel

Not good idea to buy $GPRO for long-term investment

BATS:GPRO   GOPRO INC
42 0 0
I was looking over insider trade of $GPRO             , one thing I notice was all insiders sold out every thing, even CEO             sold out all his share. All big insider holder sold out at price around $72.. I dont like to buy stocks when insiders are selling crazy. If insider dont think company share price is going to go up then its no point trying your luck. I believe Insiders have lot more knowledge about company future then traders and investor. Also I think Apple             soon is going to bring new Gopro             type camera.
You can look over this image to see insider sells that took place.
http://2.bp.blogspot.com/-lfXszVY--lA/VOV6J26q-xI/AAAAAAAAACA/xeyub0FGrAg/s1600/insider%2Bsell.PNG
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