Re:GoPro cutting 7 percent of its workforce
by tyingq on Wednesday January 13, 2016 @04:58PM
(#10897894)
Buy low, right?
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Re:GoPro cutting 7 percent of its workforce
by mfoy_ on Wednesday January 13, 2016 @05:01PM
(#10897918)
Buy low, sell lower?
Re:GoPro cutting 7 percent of its workforce
by tyingq on Wednesday January 13, 2016 @05:07PM
(#10897957)
Well, nobody can guess the exact bottom. Buying, even yesterday, may not look so bad if you look at the 1+ year chart. Unless you're into day trading.
Re:GoPro cutting 7 percent of its workforce
by frandroid on Wednesday January 13, 2016 @05:41PM
(#10898212)
Technology stocks are a terrible sector to look at on the long term because there's so much churn. A company with one product that's saturating the market and/or being bypassed by the competition usually never recovers. All they showed is that they happened on a good product/market fit once and were able to execute, but can they reproduce this with a different product? Even Apple struggles with this now (Apple Watch) and they've had multiple record successes.
Re:GoPro cutting 7 percent of its workforce
by kelukelugames on Wednesday January 13, 2016 @05:05PM
(#10897939)
I too own TWTR! I bought shares because my friend did. I have zero investment discipline. So now I just put every penny into my mortgage.