Quote:
Originally Posted by crzsteveo
So guys that were watching go pro, how about that lol.. God dam they took a huge crash. Does anyone really know why? Sales way down in the fourth quarter?? I think I read somewhere that ambrella was short on inventory and couldn't supply enough To GoPro? ? Is that correct ?
|
Most investors view the company as a one trick pony and they have many competitors entering the market. They had a lock on the market for quite some time but now there are similar products out there. Also there has been a lot of IPO hype the past few years, people just buy in for the noise.
Quote:
Originally Posted by SoundEfx
What is going on with Chipotle?
Are they going to survive or do you think that they are done for?
|
They are not done for, look at the 10 year chart. They went up over 800% in 10 years which is very impressive. They are having a setback, but the stock was trading at this price 2 years ago. Don't let the media noise drive your decision making skills, if you listened to it you would sell everything and miss out on potential gains!