anyone on GPRO before earning tonight?

[bmw335xi]

Originally Posted by Lowexpectations

Down 6 bucks now. I bought USO puts earlier today so let's hope oil gives up more of its gains from today

It's strange no articles have came out yet.

I have a small position in USO, I'm watching the 20 day. If it falls below I'll sell and possible short it at that point.

[Lowexpectations]

Down over 15% now. Something hasn't hit the wire

[Lowexpectations]

The news investors seem not to like was disclosed in a regulatory filing, as the company said that on February 2, its COO Nina Richardson tendered her resignation effective as of February 27, 2015.

GoPro's gross margin in the fourth quarter came in at 48%, above the company's expectations for margins of 43.5%-44.5%.

For full year 2014, GoPro revenue totaled $1.39 billion, up 41% from the prior year. Units shipped in 2014 rose to 34% to 5.2 million.

In the fourth quarter, the company shipped 2.4 million cameras, more than the 1.95 million Wall Street was expecting, according to CNBC's Josh Lipton.

Still down 15%

[bmw335xi]

Originally Posted by Lowexpectations

Still down 15%

Oh ok! Well, that isn't too bad. I can't trade for the next 5-7 business days so let's see where it is by then.

[mizzourah2006]

Looks like it was because of very poor Q1 guidance.

[oneslip]

What would stop another co. from entering the adventure camera business say a Sony or something? Just not sure what justifies the high valuation of GPRO- I bought at $46 and sold quick after hours, made a couple of bucks was good enough for me but looking further into this co. I have questions on long term growth prospects. I understand it was a hot Christmas item this past yr but I question how many people want such a camera, maybe more in Asia will propel. Maybe I'm short sighted about this but I do adventurous activities but do not feel I need to film it. I guess I don't get it for the masses.