Investing 102

[GregWeld]

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.