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In the 90s though it was a bit different, because of those who got in on the IPO who agreed to purchase more shares post IPO, causing IPOs to skyrocket. But in general, yes, couldn't agree more.
Edit: One more thing. IPO's are one of the most fundamentally unfair things in the market, how they are under priced so the favorite rich clients of brokerage houses can get a "pop" flipping the shares.
Funny everyone reacted as though the way Facebook was priced was a criminal act. Cant win for losing on wall st eh? Wall st isn't under pricing to create a pop
I don't understand what GPRO has. I have Iphone and my wife has Samsung. Between both of this phone, we can take a great video, pics and talk on the phone. GPRO only thing you can do is take video. Did I miss something ??
I don't understand what GPRO has. I have Iphone and my wife has Samsung. Between both of this phone, we can take a great video, pics and talk on the phone. GPRO only thing you can do is take video. Did I miss something ??
It does time lapse, video plus picture burst in various modes. It produces much better video in action more than either phone will. It has remote control capabilities either through the gopro remote or the app. Mine has built in wifi to transfer data and control the camera. The durability, mounting option are among other superior functions and it will crush the iPhone on storage. It does a lot more than the camera phone will.
It's a toy though and I don't use mine that much. I will take it with me to the Bahamas in two weeks so I will get some use then
Adventurous people love GoPro and there is nothing on the market that can compare to it in reality. I sold it at $37!!! wahhh oh well, I still made a lot from it.
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but I believe it will go higher eventually. However, this kind of pop happened too fast, which is why i sold now.
