It could definitely be an age thing. I actually think they are pretty cool but does the novelty of it wear off quickly? I have been thinking about buying one but the price tag is high for something that I would probably use a few times and then throw in a drawer. Phones take pretty good video and you always have it with you. Its not just me saying that, since August the stock has dropped more than 60% and if I remember correctly its because their growth numbers were not good.
i was speaking more to the phone taking over, etc it functions much better than any phone type camera ever will because of the cases being waterproof, the quality of the videos, memory card capacities, the ability to strap it to your head, chest, mouth, etc whenever doing your activity of choice. pretty much everyone involved in an action sport, or fishing, or motorcycle riding, or a lot of other similar shit is using them. they are fantastic for traveling
I am by no means saying that I think GoPro will definitely be successful because at this time they are a one product company, but I just dont see the comparison to phone cameras. Sure there are some people that use phone cameras for this type of stuff. But, its much easier to strap a gopro to your helmet or chest than a phone, especially with phones getting bigger and bigger. Phones can take great videos, but I just dont think they are the same type of videos that gopro users shoot. I think people are more attached to their phones because of the multi-functionality and wouldnt use them in the "riskier" situations that gopros are genrally used for. Edit: Arkadin said it much better than I
Yeah I agree that GoPro is a superior camera to any phone and im sure for travelling etc its great. I just think to get that mainstream growth it needed to get back to that $60 stock price is gonna be hard to achieve. There are too many people that are unwilling to pay up for a Gopro when they have the convenience of their phone camera. So I think their stock might be getting hurt because of the convenience of the camera phone.
I agree with this. I don't think that camera phones will supplant GoPro in extreme sport videos, but that definitely does not mean that GoPro as a company will be successful.
Anybody have a savings account with ally bank? I been saving for a new car and looking for something with a better interest rate than our Chase savings account.
Bear market has to be coming in 2016 right? I'm planning on holding where I am at, build up cashflow for a bigger play on a better bargain when the market hits. unless we see another crazy week like we did A month or so ago. Still, approach with cation. I do not have schock like money to throw around unfortunately.
What's the turn over on a GoPro? If you buy one you're set for years. There's a cap on how many can be sold. The fact that it's such a good camera actually hurts them in the long run. The only way they can continue on a constant growth pattern is if they develop new products/technologies. I'm not a technical guy but maybe they have something they could license? Phones get upgraded at least every two years for even the average person.
1) The fact it is such a good camera doesn't hurt them in the long run, it hurts them in the short run. After the first cycle of everyone getting a go pro, replacement rates will even out and they will find new markets and ancillary products and services. 2) The short term lumpiness is why you don't invest in a 1 product company at absurd valuations.
I get 1.05% apy through my CU savings and get a dividend quarterly through my fucking checking. Its nice waking up and havin 20 extra bucks every couple of months Plus their rates ridic
Generally no. Recently more and more are opening them up to whoever without restrictions. Just google the ones in your area and figure it out
To all the financial masterminds in this thread, question for you. I'm now officially in a contract with a builder to build a house. The house is scheduled to be completed around June 1, meaning I could close as early as 90 days before that, call it March 1st. I hear constant talk of rates rising and this or that, what do you predict will happen in the next 5 months? In a realistic worst case scenario, how much could rates rise in that relatively short time frame? Say the rate I could get today is 3.65, what might that be on 03/01/16?
They have a field of membership or are employer based. Use this site http://www.asmarterchoice.org/ to find one by you. All you will have to do is put $x amount (usually 5 bucks) into a "share account" that you cannot touch and basically makes you a part owner of the CU.
you can actually get this answer by looking at the fed funds futures for early next year. Also check out the CME website for fed funds futures. You can calculate the probability of rate hikes. http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Mortgage rates have greater correlation to the 10-year treasury rate than Fed Funds. It isn't like they are completely unrelated but don't assume that a 25 bps move in Fed Funds equates to a 25 bps move in mortgage rates. You're asking us to predict the future which involves predicting economic growth, inflation, employment, China, etc and then the market's interpretation. I can't give you a realistic worst case scenario but I will say people have been talking about rates climbing for a few years now and money has been easier to make betting against rates climbing. I'd probably set the high end of the range for mortgage rates at 4.25% by next spring but my guess is that they're closer to 4% if not lower.
I have a few options plays the next few days. I have a lot of the DDD 10 puts at .50. I also bought the LL 12.50 puts at .40. I have done well in LL options in the past but it might be a reach at this point. I also bought the KORS 35 puts at .59. All of these options are the weekly ones that expire Friday. All three of these stocks have earnings premarket tomorrow.
My last main position I'm interested in the earnings for is RIG tomorrow after the close. That stock has done well since I got in with the rise of oil prices so I'm anxious for that one
Piggybacked you on this one .... for no other reason than because you have been right on in the past. The pressure is on!! Bought 10 lot of 10 puts at .51
I bought the AGN 350 and 360 calls expiring Nov 20. This is purely a takeover speculation play. They come out with earnings tomorrow and have been in talks with PFE about a merger.
I have puts on DDD as well. It's a shame that all of the 3-D printing companies are so poorly run b/c the technology itself has a seemingly endless number of uses. I also bought the weekly WFM 31 puts (they report earnings tomorrow as well after the close). Now that they are taking natural foods seriously, larger names in grocery retail (like KR and COST) are absolutely destroying the specialty stores like WFM and SFM that focus solely on natural foods. I also have some January 105 Calls in DIS (reports on 11/5) that I bought when they got hit when they last reported earnings and the weekly 103 calls on FB (reports tomorrow I think?).
Forgot to mention, but I got smacked around on FIS today (down 12% or so after reporting earnings). Obviously the move today has changed my outlook from what I posted last week. I still really like the Sungard acquisition, but am going to review the earnings conf call tonight and debate on what I want to do with this position. I hate to cut it lose given that it is now back in an area that previously was support (62-64), but today's move did a lot of damage to its chart so I'll probably end up closing my position and revisiting it later (if I dont close it out this week, I at minimum have a stop order in below the lows from this summer).
Not that it guarantees anything (really more of an FYI) but there was some unusual / greater than normal activity in the weekly 16 and 16.5 puts for RIG today. A couple of large "sweep" (sweep-to-fill) orders that I saw mentioned today were: - a trader bought to open 9.6k of the November 6th 16.5 puts, all at the .52 ask (around a $550k bearish bet) - a trader bought to open 5k of the November 6th 16 puts, all at the .27 ask (a $135k bearish bet)
TVIX play has neither helped nor hurt me. I'm down a few bucks but nothing drastic, and there's still potential in owning VIX this low. I still like the concept of viewing it as a form of portfolio insurance ...
The DDD didn't work out at all. I was considering the WFM but since all my other options were terrible I will stay out and not jinx your trade.
Did you get out early on the DDD. You could have at least saved half your money or so. These options trades are so hit and miss.
I wanted to buy puts in USNA but they don't have options in that stock for some reason. That would have been great.
No I haven't sold them yet. 3D printers seemed to have some traction about year ago but I haven't heard much about them recently so I liked your short idea. I made ~$2500 on your NFLX call a while back so still have some house money if you will.
Here is Brad Sherman telling Yellen not to raise rates because it is God's bidding. "God's plan is not for things to rise in the autumn, that's why we call it 'Fall'." What in the fucking fuck?
Yeah lets punish those evil savers even more. The idea of charging people to keep money in a bank is absurd.
I bought some puts in the WFM and I also bought some puts in SSTK. DIS reports after the close tomorrow.