GPRO IS IT WORTH THE MONEY

30 окт. 2014 г.

Would anyone on earth buy some annuity at the bargain price of $75.00 for a return of .50 a year. Does that make any sense at all. GPRO P/E is around 217. Lets say you give it a multiple of AAPL = 16.64. That makes GPRO worth $7.82. Is APPL a greater company than GPRO? Its a camera company. I know , you guys count on growth, when do you think they will have the same sales as AAPL? Never. Lets get real crazy and give GPRO same P/E as NFLX about 5.5 billion or so in sales vs GPRO 1.05 billion in sales. Now we value GPRO @ $47.00. Now lets compare MSFT vs GPRO , MSFT-23.5 billion in sales vs 1.05 billion MSFT P/E 18.28 , is GPRO worth 150 x's MSFT. If you say yes , you need to take a urine test. The principles in this overblown camera company should thank the universe that the people are so damn dumb. Zapruter IPO would have been over $1000.00 per share based on this madness.
2nd question. did GPRO do a little cooking for the IPO. You bet your butt they did. Mark Cuban would be proud.
It can go 2 ways thursday, up or down. Wall street has to swim on their own now and you can bet all these inflated valuations will soon be looked at a second time. Even if they beat , they are dead.