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chartmojo
Jan 31, 2015 4:19 PM

GPRO EARNING/LOCKUP EXPIRATION THESIS Short

GoPro, Inc.NASDAQ

Description

Sort of a repost of an earlier idea. It's just some thinking out loud. We will see how it plays out. It went up on the last (small) and sort of manipulated or "engineered" lockup expiraton. But they put off the big lockup until 2/17ish far as I can tell. I'm not sure many know that. At any rate it will be interesting and I'll be looking for the short/puts in there somewhere between earnings (2-5) and the lockup expiration. Do your own due dilligence.the facts are a bit hard to find on this one. I'm often wrong..well..not so often wrong....but often early.
Comments
f1l1per.
perfect
Wes
are you a moron, they do it when stocks drop 10%, hedge funds knew it yesterday
chartmojo
Thx for the dis. Sure they knew but did they see it coming that fast..one wants to cover into the selling to get out..instead they had to cover this morning and probably not to happy about it. Thanks again for the dis...that's real constructive.
chartmojo
The shorts would of been happy to push it to 9% down and not activate the short sale restriction at 10%...but the insiders kicked in and took it lower...maybe some intentionally to kick in the restriction. The short sale restriction should come off today..judging by the flat acton yesterday the shorts are probably still around, ...waiting for today...whill be interesting...allot of option action at the 45 level....will be an interesting battle.
chartmojo
taking some time in Key West....thanks GoPro..for co-operating...
chartmojo
I'm so digging this..pops to 62 ish after hours on earnings beat...then last I looked drops to 46 by 5:28 on news of COO leaving
chartmojo
So far so good..
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