GoPro +100% From IPO (In 3 Days)

Tyler Durden's picture




 

Averaging over 20% gains per day since the IPO, and set for options trading on Monday, GoPro has now managed a 100% gain from its $24 IPO 3 days ago... Is camera-on-a-stick the new Pets.com?

 

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Tue, 07/01/2014 - 12:42 | 4914182 FieldingMellish
FieldingMellish's picture

Insatiable demand for paper... any paper...

Tue, 07/01/2014 - 12:43 | 4914187 flacon
flacon's picture

Is it the wide-angle lens that makes Go-Pro so popular? My brother has one and (oddly) there is no screen on it. 

Tue, 07/01/2014 - 12:49 | 4914219 Thought Processor
Thought Processor's picture

 

 

 

This is just the post IPO pop.   Next will come the post IPO drop.  

 

Both are highly manipulated via the market makers for the issue.  Much churn involved and early investors who have preferred shares are often allowed to get out during the pop phase.

 

Nothing new here.  

Tue, 07/01/2014 - 13:06 | 4914284 Pladizow
Pladizow's picture

Fuck it! - I'm gonna IPO shit on a stick!

Tue, 07/01/2014 - 13:13 | 4914302 SafelyGraze
SafelyGraze's picture

OT -

parse this:

http://www.reuters.com/article/2014/07/01/bulgaria-crisis-financing-idUS...

Bulgaria sells treasuries to ensure banking liquidity

bulgaria central bank sells its treasurys

sopping up money (levs) in the process

meanwhile bulgarian govt *lending* levs to banks

repayment, plus interest, will further sop up levs

short-term removal of levs courtesy of the central bank

longer-term removal courtesy of the gov

that's how you "ensure liquidity" in bulgaria

 

Tue, 07/01/2014 - 13:47 | 4914454 Manthong
Manthong's picture

Now there’s a nice popular product with high market barriers to entry, for you.

Right?   ..No mo there.

Tue, 07/01/2014 - 13:10 | 4914294 max2205
max2205's picture

At least they have a product unlike FB

 

No position today

Tue, 07/01/2014 - 13:35 | 4914402 cowdiddly
cowdiddly's picture

Yes, I remember another toy fad that swept the nation  the "Hula Hoop"

Tue, 07/01/2014 - 13:16 | 4914313 teslaberry
teslaberry's picture

seems like the next alibab IPO has many streeters drooling over the paper wad.

Tue, 07/01/2014 - 12:52 | 4914221 NoDebt
NoDebt's picture

Its because it's "ruggedized" and has a zillion mounting options.  We stick them on the sides of our cars at the dragstrip sometimes to record a pass to throw up on the internet and show our friends.  We've mounted them underhood, under the front bumper and even back off the frame to record what the rear suspension is doing on a hard launch.

They're pretty cool.  Wouldn't buy stock in the company, though.  Don't see what's stopping anyone else from making a competitor to it and eating their lunch.

Tue, 07/01/2014 - 12:54 | 4914235 ParkAveFlasher
ParkAveFlasher's picture

I use them to record my keying in of comments to ZH for later analysis. It attaches directly to my forehead.  Very practical product, indeed, a real must-have.

Tue, 07/01/2014 - 12:59 | 4914259 Dr. Richard Head
Dr. Richard Head's picture

Flesh light has come out with an attachment for the iPad that one can fornicate with.  Combine that with a waterproof case and you got yourself an IPO to wank for.

Tue, 07/01/2014 - 13:12 | 4914299 NotApplicable
NotApplicable's picture

Turn on the camera and go fuck yourself!

Tue, 07/01/2014 - 12:57 | 4914251 TN Jed
TN Jed's picture

Mobius for ~$80 is a very affordable option and it will fit in a blue jean pocket.

Tue, 07/01/2014 - 13:03 | 4914276 markar
markar's picture

Let me know when you can mount them in your ass so you can do your own colonoscopy.

Tue, 07/01/2014 - 13:13 | 4914303 NotApplicable
NotApplicable's picture

That would be that stick thing Tyler mentioned. o_0

Enjoy!

Tue, 07/01/2014 - 13:30 | 4914373 bagehot99
bagehot99's picture

Somebody, whose name I can't be arsed to Google, already is.

Tue, 07/01/2014 - 12:55 | 4914238 Uncle Sugar
Uncle Sugar's picture

Remember Iomega? It's deja vu all over again.

Tue, 07/01/2014 - 12:58 | 4914253 Cthonic
Cthonic's picture

Small, rugged, hi-res.  Lots of hyperactive unemployed millenials, diving off cliffs and such, recording inanity for posterity.

Tue, 07/01/2014 - 13:17 | 4914307 NotApplicable
NotApplicable's picture

You mean for lawyers.

It's amazing how much more provocative they make activist bicyclists. (especially in a town where honking at them is legally considered harassment (never mind if it was necessary))

Tue, 07/01/2014 - 13:27 | 4914353 Skateboarder
Skateboarder's picture

Fucking biker fags.

Tue, 07/01/2014 - 13:28 | 4914362 Max Cynical
Max Cynical's picture

How many extreme sports enthusiasts have died filming their final moments with a GoPro?

Tue, 07/01/2014 - 14:38 | 4914594 mkhs
mkhs's picture

Not enough? 

Tue, 07/01/2014 - 14:44 | 4914611 Oldballplayer
Oldballplayer's picture

I have one.  My kids got it for me for fathers day.  I put it on the helmet of my motorcycle for my cross country trip.  It is Ok.  Editing the video is going to be a pain in the ass.

When I get home it will sit on my shelf until I can think of something else to stick it on.

I have video on my snapshot camera, my iphone, and my high end "professional" DSLR.

Did it increase in value 100% yesterday?  Not based on my videos.

Tue, 07/01/2014 - 16:57 | 4915127 Peanut Butter E...
Peanut Butter Engineer's picture

What's the point of
Go pro cameras???

Seriously I have those Chinese knock off cameras way before existence of Go Pro for outdoor use and they are great for those limited purpose and cheap unlike Go Pro, most likely a Chinese relabeled brand similar to magnet ball fiasco.

Go Pro May becoming Gobitcoin lol

Tue, 07/01/2014 - 12:42 | 4914183 LawsofPhysics
LawsofPhysics's picture

A simple "thank you" will suffice.

Tue, 07/01/2014 - 12:42 | 4914186 HUGE_Gamma
HUGE_Gamma's picture

"The brand name alone is worth three times that!"

Tue, 07/01/2014 - 13:20 | 4914319 CPL
CPL's picture

For those interested I have an IPO I'm working on it's called Pie plate on a stick.  It'll revolutionize the small gardening ecologically sound pest control segment overnight.  I've pushed the proposal to a cross section of important professionals while in aisle 3 at Canadian Tire, then assisted them to their cars with their product requisitions because the stuff they bought was heavy.  They, and I, all believe that it's worth a zillion billion dollars in Seed capital and the returns on the pie plate on a stick should exceed the world GDP yearly many times over.

ISO Adoption for Market Share:

Testing has been favourable during this planting season, small animals and birds were repelled by the awesome power of pie plate on a stick.  Only to be matched by it's durability and safety.  These conclusions of durability and safety are demonstrated of when the pie plate on a stick fell over during a gust of wind.  The pie plate on a stick neither exploded or removed anyone eye, plus could be set upright. 

These safety measures and processes are important prior to pie plate on a stick to obtain various ISO certifications to ship internationally into other markets.  This additionally requires international translation requirements to package to freight ports outside of the main shipment channels defined by BDI.

 

Marketing:

Consumer response and the science behind it, has helped shape the Pie Plate on a Stick marketing efforts.  The marketing by line will be:

Pie Plate on a Stick. It fucks with their rods and cones or some shit, and they stay out of the garden.

 

Packaging and Contents

As the copyright and trademark to Pie Plate on a Stick is still under going review, some of the more technical processes will be kept secret as to it's manufacturing.  So for the purposes of this IPO presentation it will simply be detailed instructions on the following:

  • how to buy a pie then eat it;
  • how to locate a stick;
  • attach some string to the pie plate;
  • attach some string to the stick;
  • ???
  • Pie Plate on a Stick

The complexity of the manufacturing in step five is the 'secret sauce', it is rumoured to be 'placing pie plate on a stick in the ground' but again the lawyers will have to work it out in no less than 84 ISO process and manufacturing review boards.  And of course the patent office. 

Some background on the professional lawyers hired for this process, they have been in the practice, and are very adapt at, of helping spend other people's time and money.  We have been assured they will help us spend other people's money as fast as possible much to the relief of the lawyers working for the investors.

Thank you, as a pre-post-shady announcement we will be having an over the top IPO party using your money to throw a party, as soon as you give it to us.  This helps in development efforts and community relationships Pie Plate on a Stick is hoping to focus on, therefore rocket boots, great hats and banana fudge sundaes will be given out.

Tue, 07/01/2014 - 14:17 | 4914535 Its_the_economy...
Its_the_economy_stupid's picture

"It fucks with their rods and cones or some shit"

 

"The complexity of the manufacturing in step five is the 'secret sauce', it is rumoured to be 'placing pie plate on a stick in the ground'"

 

That is some FUNNY s---.

Nice work. (and kudos for the occular anatomy reference).

Tue, 07/01/2014 - 12:44 | 4914189 JenkinsLane
JenkinsLane's picture

I have no idea what this company does, nor do I have the slightest interest in learning what this company does.

In fact, other than the fact that I am avoiding work for the moment, I wouldn't even bother writing a comment

about this company.

Tue, 07/01/2014 - 12:44 | 4914196 Death and Gravity
Death and Gravity's picture

Then don't.

Tue, 07/01/2014 - 12:46 | 4914203 Skateboarder
Skateboarder's picture

They make decent little cameras that you can mount them on helmets and get first-person footy, or you can use 'em like regular video cameras to film other people.

Take away point - they actually make something, unlike facefuck or twatter, which just make zombeez.

Tue, 07/01/2014 - 12:49 | 4914220 laomei
laomei's picture

They make nothing.  GoPro is made in china, once again, the only thing they "make" is marketing to sell overpriced garbage to idiots.

Tue, 07/01/2014 - 12:54 | 4914232 Skateboarder
Skateboarder's picture

iConcur.

Tue, 07/01/2014 - 12:55 | 4914244 Rainman
Rainman's picture

GoPro is an overhyped ' media platform ' scam .

http://seekingalpha.com/article/2295075-gopro-is-all-hype

Tue, 07/01/2014 - 13:19 | 4914325 NotApplicable
NotApplicable's picture

In other words, it's as solid of a business plan as one can get these days.

Just ask Dre.

Tue, 07/01/2014 - 14:32 | 4914579 Obchelli
Obchelli's picture
Boeing makes Planes and components for spaceships and many more but FaceShit has double of it's valuation so what is the point here? (it's just webpage for gods sake...) 
Tue, 07/01/2014 - 12:44 | 4914191 Dr. Engali
Dr. Engali's picture

Here we go again.

Tue, 07/01/2014 - 12:45 | 4914197 replaceme
replaceme's picture

He's much better than the other camera on a stick guy, I can see why he drove them out of business.

Tue, 07/01/2014 - 12:46 | 4914202 replaceme
replaceme's picture

Just curious - their sales are down like 80% from last year, right?  Or is it sales growth, I forget.  

Tue, 07/01/2014 - 12:47 | 4914207 Hindenburg...Oh Man
Hindenburg...Oh Man's picture

This is getting silly. Between this and NFLX, I am just shaking my head....

Just noticed that platinum is back above 1500---last time for that was the late summer of 2013. 

Tue, 07/01/2014 - 12:55 | 4914243 shitco.in
shitco.in's picture

Keep an eye on palladium too. 

Tue, 07/01/2014 - 12:48 | 4914208 Leveraged Algorithm
Leveraged Algorithm's picture

Each SEC porn official needs one surgically anchored to their forehead pointing down.....

Tue, 07/01/2014 - 12:48 | 4914211 timeless21
timeless21's picture

That is the difference when you IPO something VIRTUAL  and something REAL.

Tue, 07/01/2014 - 12:48 | 4914216 Bill of Rights
Tue, 07/01/2014 - 12:53 | 4914224 Frank N. Beans
Frank N. Beans's picture

so this is basically a camera that attaches to your head. 

like you can't just tape your old one on? 

Tue, 07/01/2014 - 12:54 | 4914230 khakuda
khakuda's picture

Froth?  What froth?

Inflation?  What inflation?  It's just noise.

Bubble?  What bubble?  Valuations in a normal range.

Nothing to see here, move along.

Tue, 07/01/2014 - 12:54 | 4914231 Soul Glow
Soul Glow's picture

I bet Janet is buying stock options and filming herself walking around the Eccles Building.

Tue, 07/01/2014 - 12:57 | 4914246 khakuda
khakuda's picture

Yes, with a Gopro cam mounted on her as of yet unscathed crash helmet...

Tue, 07/01/2014 - 12:54 | 4914233 TN Jed
TN Jed's picture

GoFaux

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