Thread: Investing 102
View Single Post
  #5330  
Old 01-13-2016, 05:32 PM
GregWeld's Avatar
GregWeld GregWeld is offline
Lateral-g Supporting Member
 
Join Date: Jul 2005
Location: Scottsdale, AriDzona
Posts: 20,741
Thanks: 504
Thanked 1,080 Times in 388 Posts
Default GoPro (GPRO)

Boy is this market poopie....

I remember discussing many of the Wall Street darlings - IPO's of late - late being within the last couple years.... since there were so many big ones that came to market.

Just noticed GoPro (GPRO) which many of us use to capture our track events etc.... has just absolutely tanked since hitting it's euphoric high of $65... They just announced layoffs (they coat it in PC speak of realigning with the needs of the company. LOL)... and it's now trading at $14.61

JUST OUCH -- even if you managed to buy on the first day.

I have some "oil and related" that are just as bad. Not picking on GoPro.... just saying - sometimes these IPO's don't pan out with the hype they come on the market with.
Reply With Quote