In the Looming Bust
In July 2014 I wrote an article on GoPro and why I predicted that company, and its post-IPO stock, to be severely overvalued. I received dozens of emails from readers who were unhappy with me “bashing” what folks think is a very innovative product. Don’t get me wrong, for I also think it is a beneficial and cool product, and actually, I would actually love to have one for recording some of my own unique memories. I stated that the IPO was ridiculously saturated with irrational exuberance, and the immediate surge in its stock after the IPO was unsustainable do to myriad … Continue reading →
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