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GoPro shows its vulnerability after horrific Q3 earnings

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Re: GoPro shows its vulnerability after horrific Q3 earnings

#41
post #36

Dnd future doesn't look good. Their star product is not as advanced as the new DJI mavic pro. The new gopro 5 don't have new amazing features (5k, raw recording, much better dynamic range etc.), it's mostly a small bump from the 4 series. Unless you are a total GoPro fan, there's no reason you would buy the newly released products.

Does the Mavic pro have a detachable camera stabilizer? That's the reason I would buy GoPro's drone.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#42
post #14
post #2

They have a drone? Oh, they do, but it doesn't ship until the end of November. The Engadget review (dated today) [1] presents a good look at the device and how it compares to the competition -- different trade-offs. Nicer if you're in the GoPro ecosystem, but the competition is a better flyer. So perhaps the market for rugged cameras is fairly saturated by their own products, and the aerial market has partially saile…

I think GoPro suffers from two problems. 1. Many people buy these camera's that never use them, or use them a few times but realize editing videos takes longer than they hoped it would. So after a while of non use, they sell the camera. 2. They built a good product, one that lasts and is therefore good for the used market. People are comfortable buying a used GoPro because they know it's rugged and well built. So GoP…

>People are comfortable buying a used GoPro because they know it's rugged and well built.

My GoPro 2 is still going quite strong, despite having hit the asphalt on at last two occasions at high speed (well, high for a bicycle) due to their plastic mounts breaking. I switched to a third-party, metal mount, and haven't looked back.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#43
post #20
post #14

Earlier quoted context omitted.

I think GoPro suffers from two problems. 1. Many people buy these camera's that never use them, or use them a few times but realize editing videos takes longer than they hoped it would. So after a while of non use, they sell the camera. 2. They built a good product, one that lasts and is therefore good for the used market. People are comfortable buying a used GoPro because they know it's rugged and well built. So GoP…

Re: Video editing, whoever figures out how to make that _super easy_ is going to make a TON of money.

this. i want to be able to edit pro-looking video on my phone with the same ease that i can stitch multiple photos together in Instagram's Layout app

Re: GoPro shows its vulnerability after horrific Q3 earnings

#45

Earlier quoted context omitted.

There are circuit breakers operated by the exchange in case of significant and sustained orderbook imbalance (ie a stock is being hammered) These are today's on NASDAQ http://www.nasdaqtrader.com/trader.aspx?id=TradeHalts

That page lists the reasons as T1 (halt pending release of material news), and T2 (halt while news is being disseminated). So then it's not a circuit breaker ( T5 ?)? I wonder how exactly that works. What kind of news does it apply to? Is it common? Can a company ask for a trading halt on its own before it releases bad results?

My understanding was that the markets have a duty to provide equal access to information that would determine your decisions.

This is one of the reasons why companies often release their quarterly results after market close. It allows all relevant parties to be able to access the latest information before selling resumes.

If this wasn't the case, then users with the fastest connections would be able to process, and react to the data before others in the market had a chance to do so as well.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#46
post #36

Dnd future doesn't look good. Their star product is not as advanced as the new DJI mavic pro. The new gopro 5 don't have new amazing features (5k, raw recording, much better dynamic range etc.), it's mostly a small bump from the 4 series. Unless you are a total GoPro fan, there's no reason you would buy the newly released products.

I don't know what market they want, but I never heard mavic outside of a few web pages. On the other hand gopro is becoming synonymous with small and sturdy camera. Maybe mavic will end up buying the brand.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#48

Earlier quoted context omitted.

There are circuit breakers operated by the exchange in case of significant and sustained orderbook imbalance (ie a stock is being hammered) These are today's on NASDAQ http://www.nasdaqtrader.com/trader.aspx?id=TradeHalts

I never knew this. Have you ever noticed when you look deeper at any system created and run by people who claim to love the free market, it is loaded with anti free market regulation? Who is the stock exchange to tell me I can't sell my asset?

you can't sell your assets on the exchange through a broker because you're a small chump.

you can sell your assets outside the marketplace just fine.

if they just allow orderbooks to get skewed more and more in one direction you just run head first into a potential macro crash and sometimes thats just a little more important than you wanting to unload your 60 bucks of stock.

And I'm pretty sure there's government regulation requiring them to do this.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#49
post #2

They have a drone? Oh, they do, but it doesn't ship until the end of November. The Engadget review (dated today) [1] presents a good look at the device and how it compares to the competition -- different trade-offs. Nicer if you're in the GoPro ecosystem, but the competition is a better flyer. So perhaps the market for rugged cameras is fairly saturated by their own products, and the aerial market has partially saile…

> DJI now says early Mavic Pro orders should be processed in “seven to eight weeks”

I was going to talk smack about getting my Mavic before GoPro shipped theirs, but now I'm just sad.

Re: GoPro shows its vulnerability after horrific Q3 earnings

#50
post #40
post #20

Earlier quoted context omitted.

Re: Video editing, whoever figures out how to make that _super easy_ is going to make a TON of money.

You mean iMovie? How can it get easier than "drag and drop your video, hit share button"

That's not editing. iMovie is only easy if you don't actually edit your videos--arrange, slice, add music and text, etc. Video editing is slow and difficult.
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