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Camera-On-A-Stick Goes Full Kodak - Crashes 16% To Record Lows
Camera-on-a-stick is down 83% from its October 2014 (the end of QE3) highs (and down 75% since Jim Cramer said it was "bargain" in July). GoPro is down 33% from its IPO price... and down 16% today as more analysts realize now is the time to downgrade before it goes full Kodak.
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Go-Pro should merge with the Pogo Company.
Pogo-Pro and Camera-On-A-Pogo-Stick sound catchy! ;-)
Looney
Peak attention whoring.
More like "Go Poo"... 'cause it seems everything has turned to sh*t for them...
Plus one, so goes Fackfvk and all those other self whoreship sites when everyone finally realizes no body gives a fvk about you and YOU are not special. You are just another carbon based useless eater and we don't give a shit what you had for FVKIN BREAKFAST!
I already own one.
http://www.vurtegopogo.com/
GoPro cameras should cost $69.00. That's how overpriced they are.
BUY BUY BUY you lovely consumers you...
Spoctor Din
Mobius and the Xaiomi Yi are just as good, and really cost $69
GoPro cameras should cost $69.00.
... but they don't.
Go Pro = Shamwow
Never go Full Kodak.
With Polaroid thrown in for extra texture.......
Don't sit on ice too long.
Should be called "GoCon"
"Don't sell GoPro! I've talked to my people. There's nothing wrong with GoPro!" Jambo Krammer
Hey look at that. A company that is heavily relient on people having disposable income is crashing cause people don't have disposable income. Surprise, surprise, surprise.
People will always have desposible income.
The trick is figuring out you can get them to dispose of it in your product that wall streets works on round the clock.
yea bored with gopro.
Im excited for this 360 degree camera though. https://www.indiegogo.com/projects/luna-a-360-camera-for-everyone#/
great for making your own content for your oculus rift.
Even if you dont want to pay for that, youtube supports 360 video now
Mythbusters shipwreck:
https://www.youtube.com/watch?v=aQd41nbQM-U
for car fans:
https://www.youtube.com/watch?v=BQZrAb1j1ZI
Can buy the same Chinese built camera on ebay for 10% of the price. CEO is obnoxious, another reason not to buy.
http://www.ebay.com/itm/Waterproof-WIFI-SJ4000-Sports-Camera-Travel-Kit-...
The Yi is better than the Sj4000, it handles light level changes far better.
That's gotta hurt.
I can't believe that Kramer is still alive and hasn't been taken out yet.
Hey, the world needs good comedy, and he provides it. If you're not laughing at this guy, then you're doing it wrong.
Lots of people make money off this pumpmonkey, he is an asset. Just be contrarian!
Cramer the Jew is short via his friends!
I was stupid enough not to buy one Go Pro camera but two and they both sucked.
The first one broke almost immediately. I couldn't turn it off and had to wait for the battery to go completely dead.
So what did I do? Returned it for another one. And guess what? It broke even sooner than the first one.
I wrote in the Amazon comments section that is was only a matter of time before Go Pro went bust putting out such an inferior product.
True capitalism at work.
That's strange.
We've got a couple and they've been very abused for years without a single problem. From extreme heat, to cold, underwater, launching in the air, etc.
lmao!!!...
"The Federal Aviation Administration on Monday announced new rules that will require nearly all owners of remote-controlled recreational drones to register in a national database, an attempt by the agency to address safety fears about the machines."
Right, cuz .gov needs to license this to collect revenue and ensure monopoly power stays with the state and it's cronies.
Gooo Fascism!...and the crowd goes wild!!!
http://www.nytimes.com/2015/12/15/technology/drone-registration-rules-ar...
Great, now they can hire another 60,000 DHS agents to police the drones. Fvkmeblind I am getting tired of this shit.
growing up they were called 'remote control airplanes' not effing drones! This miltary infusion into every fucking corner of our lives is starting to bug me.
Back in the day, you would hook a servo to release a m1000 from da airplane.... imagine these days... TEWWISTS!!
a guy at a conference tells me "duuude drones are the future"
*eye roll*
they will be in our lives, but i wouldn't go making any investerments
now... VR and AR....
2016 baby
BAM! And the American government shoots future growth in the head. Handing all future development over to BRICS nations.
gpro makes a profit. and probably can do so at much lower prices. they need to work on the social media side of it, getting self absorbed asses to post thier crazy vids in one place, or become 'members' and vote on each others shit. while i find this egoism off putting, it sells and peole love to do it theyre so full of themselves.
Today's cartoon: A Radical extending her new Selfie-Sword stick.
Wall Street's social media is the DOT COM of today.
IPO ment billions for Wall Street and IPOers.
Transfer of wealth is what it's all about.
Just to let you know, you can get a fine extreme camera to put on a stick in HK for about USD $25.
Then you can mount it on any number of cheap drone devices sold in the electronics market.
A business model with zero barriers to entry, who'd have thought it wouldn't turn out well?
Apple?
Not quite zero. They're the only ones that can do 4k well. However most people don't care very much about 4k.
Speaking of HK look into the airsoft laser grips from HK people. They work perfect on "real" weapons for about 30 bux compared to the $350 bullshit Crimson Trace.
Rec
Silver Back airsoft laser grips.
Hats off to the IPO financiers. Another successful IPO which strip mined money from investors.
Cramer scores another 100 on the Cunt-o-meter.
Wave of Chinese imitations and clones has been incredible. Plenty of cameras that give "good enough" experiences at a fraction of GoPro price.
I have never bought anything that said ''made in china" on the wrapper or label that wasn't a piece of shit.
Obama: I want a cam on my golf clubs and balls (yes those balls too).
meanwhile NFLX up 1000% in 3-4 years. I'll just leave this here...
http://www.zerohedge.com/news/nflx-slammed-amazon-smashes-barrier-entry-...
"there is a massive bubble in available "content."the intennet alone is more than enough. NFLX, SIRI, Cable TV, Land lines, ..who needs all this stuff?"
"If you don't own the content, the infrastructure, or manufacture the delivery mechanism, it's only a matter of time before your ship sinks."
"The content owners are gathering all the profits as licensing fees have increased ten fold over the past two years. This was entirely forseeable. With no barriers to entry the pipeline becomes valueless and has no prospect of profit growth. The window for pipelines acquiring content is now effectively closed."
takes a while for the fruit toripen. hulu, youtube channels, etc. yes barriers falling....and as soon as the wall hits retail in the face and see nflx down 20% with a general bear mkt....another 50% should be ez.
everything is gassing then crashing, then gassing....make your calls, sell high buy low, if you wait to see -20% it;ll be half over.
Peak content.
I see a day when people are going to seekout places with no "content" access. I hunt in a area without cell service and camping there is like a breath of fresh air. SO nice to not have the phone ring and just staring at the fire.
A bottle of Yukon Jack is also a great companion at such times.
I went camping in colorado and had no cell service but still got pushed messages.
No matter where you are you can be watched by someone.
Its a prison planet. You just don't see it because you vibrate at a low (much lower) vibration to see reality and the new age upon us.
Xiaomi Yi. 95% as good at 1/5 the price.
max keiser sent out a tweet to buy bitcoin right before it crashed. and then the asshole posted an audio clip on his website saying that he has no problem stealing peoples money because they are greedy................how fucked up is that..........this greedy faggot take money from people because they are greedy..............hahahaha....................."hey mate are you hungry?.....let me eat your burger"