Not a good day to be holding GoPro camera stock!

9 years 7 months ago #405006 by Cathy Kadolph

"Every child is an artist. The problem is how to remain an artist once you grow up." Pablo Picasso
Photo Comments
,
9 years 7 months ago #405010 by ubookoo
Wow! Because they are giving away some personal stock? Have never seen this happen before. May be a good time to buy!


,
9 years 7 months ago #405016 by Finn
Looks like I'm not the only one thinking this.  GoPro is a good one to be watching.  I hope it tanks more so I can pick up some!  


Photo Comments
,
9 years 7 months ago #405066 by Kelly Lambert
OUCH!  That one will hurt 

Nikon D700: 50mm, 14-24mm, 85mm, 105mm 70-200mm, 150-500mm (Sigma), SB-900
Photo Comments
,
9 years 7 months ago #405072 by Joves

ubookoo wrote: Wow! Because they are giving away some personal stock? Have never seen this happen before. May be a good time to buy!


No they are not actually giving the stock away. They are doing a Bill&Melissa Gates deal. They set up their own foundation for the tax benefits, and to have control over the money. If they were giving it away, then they would have never been able to violate the lock agreement. Thing is though, now they can sell the stock to have liquid assets for the foundation, something they were barred from doing under the lock agreement. This is most likely why the value dropped so much, as people in the investing world saw it for what it was. And that was a dodge to the rules.


The following user(s) said Thank You: Baydream
,
9 years 7 months ago #405094 by Overread
Well it sure beats what some companies are doing.   


Photo Comments
,
9 years 7 months ago #405110 by Tim Dordeck
The stock recovered most of it's ground.  Typical media nonsense blew this out of the water as usual http://www.marketwatch.com/investing/stock/gpro  


Photo Comments
,
9 years 7 months ago #405216 by Moe
I don't get it, why the drop?


Photo Comments
,
9 years 7 months ago #405320 by Sawyer
Easy recovery of them, I'd bet by end of this up coming week, their stock price will have completely recovered.

Canon 5D Mark II | Canon 70-200mm f/2.8L IS USM | Canon 35L | Sigma 85 1.4 | Helios 44M-6 58mm(M42) | Zeiss 50mm 1.4 (C/Y) | Canon 135L | (2) 430EX II
Photo Comments
,

817.3K

241K

  • Facebook

    817,251 / Likes

  • Twitter

    241,000 / Followers

  • Google+

    1,620,816 / Followers

Latest Reviews

The Fujifilm XT5 is a 40MP mirrorless camera capable of 6.2K video at 30p. With those specs, it’s an ideal choice for photographers needing a camera to pull double duty for imaging and video.

Apr 25, 2024

The Canon EOS R100 is an entry-level mirrorless camera introduced in 2023. But just because it’s an entry-level camera doesn’t mean it’s a bare-bones camera. Find out why in this review!

Apr 22, 2024

Nikon’s retro-looking Nikon Zfc is anything but retro. Under its classic body is a host of features and amenities that make it a worthwhile compact mirrorless camera for 2024.

Apr 15, 2024

The Canon EOS R50 is one of the newest R-system cameras from Canon. Is it worth your money? Find out all the details you need to know in this comprehensive review.

Apr 10, 2024
Get 600+ Pro photo lessons for $1

Forum Top Posters

Latest Articles

Newborn photography requires skill, the right gear, and a lot of patience. This beginner’s guide discusses critical topics that will help you be more prepared for before, during, and after the shoot.

May 08, 2024

To fill the frame means to expand the footprint of the subject in your shot. Get in close, zoom in, crop the image, or use other techniques to bring the subject to the forefront.

May 06, 2024

With these simple yet effective beginner photography tips, you can avoid some of the common mistakes beginners make and get improved results with your images.

May 06, 2024

Urban photography is a genre showcasing features in urban settings. You can photograph people, architecture, mass transit, and many other subjects. Learn how to do so in this guide!

Apr 30, 2024

The Nikon D850 might be an older DSLR, but it was ahead of its time when it debuted in 2017. That means it still has plenty of firepower to compete with today’s powerful mirrorless cameras.

Apr 30, 2024

The best beginner camera isn’t the same for everyone. That means having choice is of the utmost importance. In this guide, explore five excellent beginner camera options for 2024 and beyond.

Apr 25, 2024

Child portrait photography is a unique undertaking requiring special skills and talents to get the best results. Start mastering this photography niche with these essential tips!

Apr 25, 2024

The Fujifilm XT5 is a 40MP mirrorless camera capable of 6.2K video at 30p. With those specs, it’s an ideal choice for photographers needing a camera to pull double duty for imaging and video.

Apr 25, 2024