To the delight of skateboard dudes, ski bums, and snowboarding shredders the world over, GoPro went public in 2014 and soared to $100 per share, at which time the founders and executives dumped their stock onto a ravenous public. Now, after a drop of about 98%, I suspect the only ones happy that GoPro went public were………..the founders and execs who dumped the stock.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Well, the trendline supporting this entire iconic American company has broken.(more…)
Never-before-seen lows in DBC:
The market is obviously getting utterly destroyed. Just a month ago, Barron’s put this out:(more…)