I'm sure the HERO5 listing problems with AMZN will be resolved soon, restoring investors' confidence in the company's revenue. ( AMZN sales correspond to 14% of the company's profit)
Risking 0.5-1% here is a good idea.
Actually, I am not trading $GPRO at all lately. I would have to update the chart.
1) I think gopro is still the brand of certain way to make photo/video, it's a sort of "apple" in his photography niche (my opinion and sentiment)
2) “The company saw total revenues of $218.6 million in 1Q17, an increase from $183.5 million in 1Q16 and above the consensus estimate of $207.9 million. GoPro’s management noted that Karma was a major growth driver in the quarter.”
“GoPro expects GAAP operating expenses to be lower than $585 million, compared to $835 million in fiscal 2016. The company also expects non-GAAP operating expenses to fall 30% YoY from $709 million in fiscal 2016 to $495 million in fiscal 2017.”
“GoPro also fared well in its overseas markets, as international revenues comprised 60% of its total revenues in the latest quarter—a record for the metric
“GoPro’s (GPRO) narrow adjusted EPS (earnings per share) loss of $0.44 that it posted in the latest quarter was supported by its revenue growth and cost-cutting efforts. The company logged an EPS loss of $0.63 in 1Q16”
3) I read the idea that "snap wanna be gopro" and "go pro wanna be snapchat" so why not an acquisition? > and other too as canon or nikon or aapl / google / samsung (why not facebook/instagram?) so basicly I'm looking for an acquisition's rally too;
thank a lot for feedback and for attention!
An acquisition is an interesting idea, indeed. Might be good to monitor this one, also check out $ETSY, on that theme, if it retraces in the next few days it would be a great trade. It might be acquired by $AMZN for instance.