Yes, GoPro, Inc (NASDAQ: GPRO) is tanking after hours on its miss. But did how unexpected was this? We’ve all seen the Citron report, at least those of us that follow the stock. He’s great at killing any party, and we all knew this party was all but over. I am not going to regurgitate his report, but read it. Understand his rationale. Then look at his history.
So many are “IN LOVE” with the products, they miss the financial story.
There are quite a few of them in The Buzz!
Let’s get some early Buzz… We will update this page with more Buzz as it comes later today as well:
The Journal makes it official:
GoPro results miss expectations; shares slide https://t.co/WO7FVlyB7N $GPRO pic.twitter.com/RJ0qcdYVQk
— Wall Street Journal (@WSJ) October 28, 2015
Apppro sees one product that will save all…
$GPRO In Sept after $299 Sessions selling VERY well. Maybe 4th qtr will be OK!
— apppro (@apppro1) October 28, 2015
Taki is loving the product too much.
NPD GoPro had 5 of top 10 camera products $GPRO
— Taki Shirayanagi (@takishirayanagi) October 28, 2015
Antonio sees it climbing a bit…
$GPRO back over $26 on volume……
— Antonio Costa (@ACInvestorBlog) October 28, 2015
Topstep sees a Quad Copter:
$GPRO CEO: EXPECT TO LAUNCH QUAD COPTER PRODUCT IN 1H 2016
— TopstepTrader (@TopstepTrader) October 28, 2015
Desk Jockey has this…
$GPRO exec pretty well spoken, as this is my first GPRO CC I’m overall impressed at this guys cool,bit of a sales guy maybe,but good energy
— Deskjockey101 (@Deskjockey5051) October 28, 2015
Jeff sees a Netflix here:
Hopefully this is $gpro‘s $nflx moment when miss steps w/the consumer result in higher sales subsequently
— Jeff (@jeffereytweets) October 28, 2015
Nicole Esquire…
$GPRO ER CC: Positive note: shows how hard it is to sell against its own products. ~Nick W.
— Nicole Augenti, Esq. (@Nicole1515) October 28, 2015
Sunny quotes from Nick Woodman:
“This is our first miss qtr since IPO. We take this situation very seriously” – Nick Woodman. $GPRO
— Sunny G (@BlatantBull) October 28, 2015
Aninda objects to what he sees as artificially upping share price:
$gpro guys what’s with the buybacks aren’t there better areas to invest for a growing co than artificially raise EPS! @TMFRuleBreakers
— aninda sadhukhan (@anindakumars) October 28, 2015
Aid points out many want a buyout:
$GPRO is praying for a buyout. Shareholders should sue Woodman for the secondary offering scam he pulled.
— Aid Idrizović (@the872) October 28, 2015