Zentoro
Short

How the Hero Lock Itself Up Into A SELL SELL SELL

NASDAQ:GPRO   GOPRO INC
Gopro             (NASDAQ: $GPRO             ) is down 28% since hitting a peak in the first week of October. A lock up withdrawal of 5.8M to start a charity was a signal that more "downside" was to come. On December 23, just about every share remaining in the lock up (borrowed money) will be made public, thus flooding the market with supply; driving the price down even further. Lean into the Puts two months out. Once Earnings is over, there might be a valuation adjustment to set a fair market value on the market. I'll close when I see a peak gain at 100% in profits. But til then I'm Bearish with a Full House Of Puts, so far in my favor. Read the article in the Business Insider for an explanation on borrowing for shares.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out