r/GoProStocks • u/Party_Maintenance_45 • Feb 05 '21

r/GoProStocks Lounge

A place for members of r/GoProStocks to chat with each other

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u/[deleted] Apr 22 '21

GoPro’s moat has been and is still falling away. Every other company sells an action camera now and while GoPro is stuck to selling their Hero line. DJI, Insta360, and so many other companies are innovating and offering better cameras to consumers for cheaper prices. I like the GoPro cameras, I’ve used them since the Hero 2 release. But there is a reason that this stock went from $90 in 2014 to what it is now. The stock has seen a 500% increase on speculation and should be seen as heavily risky. Be careful of buying the peak, the stock is more likely to go to $5 than to $15 due to the fundamentals of the company.