GPRO currently floating around 9.00 dollars per share will most likely
hit a bottom of around 8.50, however considering the momentum in
the market, it may be near or at it's bottom, now. Expecting .50 to
a dollar drop in the near future is very possible. In the Spring of 2017 they launch Karma,
no pun intended the sky is the limit. They seem to have solved the
problem of different parts of the drone being captured in photos and
streams. This will most likely make it the number one selling drone in
the marketplace 2017. I consider that this is their baby, and they have
put in a lot of thought to become number one in the market place,
it will most likely be a great play with enormous volume and hype
in the coming months. Stock prices could surpass 60 a share making it an
excellent play. Expecting to see a lot of marketing around this product,
and big investing firms will most likely bet on the action. Potential to
earn 2 to 10 times your investment, if the market trend continues!!!
This could also drop to the low 7.00 range, considering the failed product launch, I don't think it will drop below that number before the improved product launch, and marketing frenzy. Apparently, they have a good product and the sector is gaining interesy globally!
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