GoPro IPO

jrhagen · 06-25-2014, 05:37 PM

Tomorrow GoPro goes IPO. Might as well make a little money off stuff we buy.

lscamaro · 06-25-2014, 06:06 PM

At the price they want to put on the shares, I don't think it's worth it

jrhagen · 06-25-2014, 06:13 PM

That is what everybody said about Facebook the day before IPO. It is now trading at 220% of IPO price.

Just my opinion, not giving investment advice.

USMCSSGT-RET · 06-25-2014, 08:44 PM

Quote:

Originally Posted by jrhagen

That is what everybody said about Facebook the day before IPO. It is now trading at 220% of IPO price.

Just my opinion, not giving investment advice.

True....but it went from a $38 IPO to $18.06 just 3.5 months later. However, it has since rebounded, so $18.06 would've been a great time to buy. That's the problem with trying to time the market though.

I might buy some....they're expected to go public at $24/share...the high end of the expected range.

Muscle Car Lover · 06-25-2014, 09:06 PM

You are seeing the biggest bubble in about useless, no "moat" technology, easily copied and made free billion dollar companies right now. Enjoy it. Some of us saw the last tech bubble. The rear view mirror view was "well they had NO Earnings!" that's why it was a bubble. Now it's "well they earned $50k last year and this year they earned $150k, so the 2 billion dollar valuation is priced in on future earnings growth".....etc

Rinse and repeat.

How many Facebook ads have you, C5 Readers, clicked and bought from?

jrhagen · 06-25-2014, 09:44 PM

The IPO price is 3x earnings, that is a good number in any bodies book. I am hoping for a buy out from one of the big players.

I bought Sabre at IPO, that is working out for me. I bought AMR at $0.19, that one is really working out. Heck, I bought UPS the day the market reopened after 9/11. That one worked well too.

I like to play in the market, sometimes it works and sometimes it doesn't.

Muscle Car Lover · 06-26-2014, 05:25 AM

Quote:

Originally Posted by jrhagen

The IPO price is 3x earnings, that is a good number in any bodies book. I am hoping for a buy out from one of the big players.

I bought Sabre at IPO, that is working out for me. I bought AMR at $0.19, that one is really working out. Heck, I bought UPS the day the market reopened after 9/11. That one worked well too.

I like to play in the market, sometimes it works and sometimes it doesn't.

I bought (insert ticker here) in the last 18 months and it worked out. Everything has been working out. Its a great time and has been.

jrhagen · 06-26-2014, 06:50 PM

Closed at 31.34 with almost 46 million shares traded.

jrhagen · 07-01-2014, 07:21 PM

Almost hit 50 today.

el ess A · 07-01-2014, 07:48 PM

If you got in early, I'd sell. Don't GoPro...GoShort. And yes, that's some investment advice.

Muscle Car Lover · 07-01-2014, 10:31 PM

Last stage of speculative mania, make sure you bank paper gains. Don't get tax f"d.

jrhagen · 07-02-2014, 08:33 AM

All in my IRA.

Muscle Car Lover · 07-02-2014, 08:57 PM

Float bubble underneath today, 17% drop. New issues are crazy to trade.

06-25-2014, 05:37 PM	#1
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	GoPro IPO Tomorrow GoPro goes IPO. Might as well make a little money off stuff we buy.

06-25-2014, 06:06 PM	#2
lscamaro Drives: 2011 CGM Camaro LS A6 Join Date: Jan 2011 Location: San Antonio, Texas Posts: 10,305	At the price they want to put on the shares, I don't think it's worth it __________________ Click Picture for Build Thread

06-25-2014, 09:06 PM	#5
Muscle Car Lover Drives: 2014 2SS M6 "CHRISTINE" Join Date: Mar 2014 Location: Boston Metro North Posts: 2,916 View My Garage	You are seeing the biggest bubble in about useless, no "moat" technology, easily copied and made free billion dollar companies right now. Enjoy it. Some of us saw the last tech bubble. The rear view mirror view was "well they had NO Earnings!" that's why it was a bubble. Now it's "well they earned $50k last year and this year they earned $150k, so the 2 billion dollar valuation is priced in on future earnings growth".....etc Rinse and repeat. How many Facebook ads have you, C5 Readers, clicked and bought from? __________________ "But, House Mormont remembers. The North remembers! We know no King but the King of the North whose name is Stark. I don't care if he's a bastard. Ned Stark's blood runs through his veins. He's my king–from this day until his last day." Mods: ARH headers and hi flow cats, VMAX ported throttle body, CAI air intake, Slowhawk Performance tuning

07-01-2014, 07:48 PM	#10
el ess A Older Than Dirt Drives: 2010 & 2013 Camaros Join Date: Apr 2010 Location: Aiken, SC Posts: 4,687	If you got in early, I'd sell. Don't GoPro...GoShort. And yes, that's some investment advice. __________________ 2010 2SS TE, 1 of 822/2013 Camaro ZL1 vert, 1 of 54

07-01-2014, 10:31 PM	#11
Muscle Car Lover Drives: 2014 2SS M6 "CHRISTINE" Join Date: Mar 2014 Location: Boston Metro North Posts: 2,916 View My Garage	Last stage of speculative mania, make sure you bank paper gains. Don't get tax f"d. __________________ "But, House Mormont remembers. The North remembers! We know no King but the King of the North whose name is Stark. I don't care if he's a bastard. Ned Stark's blood runs through his veins. He's my king–from this day until his last day." Mods: ARH headers and hi flow cats, VMAX ported throttle body, CAI air intake, Slowhawk Performance tuning

06-25-2014, 06:13 PM	#3
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	That is what everybody said about Facebook the day before IPO. It is now trading at 220% of IPO price. Just my opinion, not giving investment advice.

06-25-2014, 09:44 PM	#6
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	The IPO price is 3x earnings, that is a good number in any bodies book. I am hoping for a buy out from one of the big players. I bought Sabre at IPO, that is working out for me. I bought AMR at $0.19, that one is really working out. Heck, I bought UPS the day the market reopened after 9/11. That one worked well too. I like to play in the market, sometimes it works and sometimes it doesn't.

06-26-2014, 06:50 PM	#8
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	Closed at 31.34 with almost 46 million shares traded.

07-01-2014, 07:21 PM	#9
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	Almost hit 50 today.

07-02-2014, 08:33 AM	#12
jrhagen Banned Drives: Camaro Join Date: Mar 2013 Location: USA Posts: 2,701	All in my IRA.

07-02-2014, 08:57 PM	#13
Muscle Car Lover Drives: 2014 2SS M6 "CHRISTINE" Join Date: Mar 2014 Location: Boston Metro North Posts: 2,916 View My Garage	Float bubble underneath today, 17% drop. New issues are crazy to trade. __________________ "But, House Mormont remembers. The North remembers! We know no King but the King of the North whose name is Stark. I don't care if he's a bastard. Ned Stark's blood runs through his veins. He's my king–from this day until his last day." Mods: ARH headers and hi flow cats, VMAX ported throttle body, CAI air intake, Slowhawk Performance tuning