$GPRO was downgraded once again, this time by Raymond James, but trading higher this morning. There’s a certain level of bad news a stock can take before rallying on bad news, and we are there for $GPRO. The stock also landed on today’s runner screen, which can be found HERE.
Other tickers of interest from today’s runner screen include: MBLY, JMEI, SSYS, & EYES
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Wants to run and can run are different concepts. I want to fly but I can’t. GoPro trips over it’s own shoe laces again. They either get bought for the tech and patents and celebrity endorsements or they kiss their ass goodbye like Webvan/RIM as pioneers in the space for others to take over. This one is toast. CEO made his money and then some. He’s off to enjoy. Next ….