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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

GPRO Is Officially A Teenager

RaginCajun Wed Nov 18, 2015 10:48am EST 3 Comments

GPRO was downgraded to a price target of $15 this morning by Piper Jaffery, and the pain continues for shareholders. Thankfully, I have no position in the name since my last sell at $27, and have no desire to trade it again. The stock finally made it to the teens today, what a disaster of a stock:

Screen Shot 2015-11-18 at 9.46.12 AM

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3 comments

  1. Marc David
    Marc David
    November 18, 2015 at 11:18 am

    It’s in the GARP… Ruining it for me. Can’t wait for the reshuffle

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  2. levrage
    levrage
    November 18, 2015 at 11:39 am

    Took my lumps on GPRO and AMBA earlier this year. The evil twins.

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