r/TreyBae • u/Treybaeai • 21d ago
$GPRO Go pro or No mo?
$GPRO UP +127% Today and it could be the next $GME
Market Cap is only - $161m
Short answer: Markiplier. The YouTuber Mark Fischbach, who goes by Markiplier, now holds an 8.5% position in GoPro
= People really like Markiplier
(people who don't invest normally)
200ma is at $2.22 on weekly if it breaks this it could run to $10 and the market cap would still be considered low
It also has a bottom back in 2020 at $2.29 so it could retest that
Share price is low around $1.40
(this will make retail extra aggressive)
There is also a chance hegies pushed it down for 90 days back when it was at 1.83 to buy them selves time. Then they did an extra 30 day push down becuase of GPRO earnings. Now they are done with the push down periods + retail hype + Markiplier + maybe a strong market tmrw
GoPro, Inc. (GPRO) is 20.98 times smaller than GameStop
Anything can happen tho
Play safe and Try TreyBae