Into the close we have $TWTR gunning for highs on the day, we have $NK taking out the highs of the day, $DDD staying elevated near highs of the day, and $GPRO coming back from death.
In what could have been a near perfect day, my earlier 3% loss in FITBIT is my blemish on the day.
And, on the note of GPRO. How many downgrades are you gonna bring to the table with prices so depressed? This one is shaking off the bad news today and bottoming as it pierced through the iPO low. I will continue to hold my positions here.
Another solid day.
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GPROs are all over that movie The Martian…
There will be one epic squeeze here. Way too negative on the stock, almost seems on purpose.
GPRO, the dog you should never take home.
I’m up +5% in 5 days with VTI.
VWO – Chinese burritos +8.66% in 5 days.
Vanguard is your friend.
HES +20% in 5 days.
well done sir
Getting my steps in Vegas with ease!
you will always be fitbit King @Marc
Fail Story Bros: I used to work with someone who ended up at GPRO. I don’t know how much they got in stock, but let’s just say they got in early enough and any stock they got would have been at a low enough valuation that they don’t have to worry about anything for the rest of their lives. Another co-worker punched out to another company and got what I can presume was at least a 7-figure exit within a couple of years of having done so.
This is all non-actionable water under the bridge from a couple of years ago, but as much as we like to throw bits rotten fruit at Wilson and his ilk, at least they have exit strategies, even if those exit strategies are to foist the shares onto the public markets at egregious overvaluations.
Weird thing is that I’m no longer bitter. Any envy I felt because of my poor business judgement at staying on a sinking ship as long as I did, is tempered by happiness in knowing that some of former co-workers saw the bubbilicious writing on the wall and headed for places where management was interested in making money instead of saving their jobs. With the benefit of 20/20 hindsight, I would have done the same.