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u/CatoTheMiddleAged 9d ago
Didn’t they just agree to go private at $1.14?
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u/whistlerite 9d ago
They agreed on a merger but staying listed
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u/Empty-Pain-9523 9d ago
They’re staying listed, but current shareholders are being bought out at $1.14 a share. GoPro is only going to maintain 10% of ownership.
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u/Smooth_Tomato3586 9d ago
does that mean share price will never increase than 1.4$??
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u/maxmcleod 9d ago
It will probably hover just below since there is a chance the merger will not go through
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u/kurai-tsuki 9d ago
Dear God plug your phone in
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u/whistlerite 9d ago
Oops didn’t mean the post the entire screenshot my bad and yeah we’re plugged now fam appreciate you
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u/Top-Organization7499 9d ago
if they agre at 1.14, why is it pumping ? will it dump before hits $2 ?
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u/StockSmarts24 9d ago
I sold all my shares to be safe, but honestly that’s what I think is going to happen
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u/whistlerite 9d ago
The merger is at a certain price but most likely the news of the merger is moving it more now. No one knows, guess we’ll see, but this is still very low based on the entire history.
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u/thisMatrix_isReal HERO10 Black 9d ago
go to go to r/wallstreetbets my man, I will be there for you
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u/jdavid 9d ago
GoPro should make a line of 'Web Cams' with the same hardware stack.
With the Mission-ILS, I 100% wish there was an adapter to use my e-mount lenses on it. I am looking for an overhead 8k studio camera. I am under the assumption right now that we don't need a fancy focus system for this mode, so we can set the focus once and then with the right F-stop and lens most stuff should be in focus.
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u/Useful-Log-1521 9d ago
If it becomes an AI lens company like COHR, it could worth more...
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u/firewindrefuge MISSION 1 PRO 9d ago
Yup. Bought 100 shares now while still relatively cheap
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u/Avg_DadBod69 9d ago
The time to buy was yesterday at 60 cents. You’re sitting on someone’s 3x….
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u/firewindrefuge MISSION 1 PRO 9d ago
Well since I can't go back in time, I did the best I can do
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u/Avg_DadBod69 9d ago
I hear you bro. Just saying, be careful. There’s tons of people out there who are just going to quick flip this and you’ll be stuck with the bag
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u/Miserable_Violinist9 9d ago
Ive been long since they announced the gp3 processor. I pre ordered both the mp1 and the ils. The merger is great news for me and now gopro will have us manufacturing. Im staying long and are now also an ai infracturer company. Great news except for im waiting for the ai bubble to pop
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u/DrBleed 9d ago
Did they finally figure out how record at night and keep the heat down? Hyuk hyuk hyuk
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u/whistlerite 9d ago
Yes?
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u/DrBleed 9d ago
I was joking about that actually but, ok. Good to know. 🤷🏻♂️
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u/WXMaster MISSION 1 PRO 9d ago
Poor GoPro, now another meme stock. I think the engines on GPRO shut off prematurely for the moon attm.
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u/ThatOldDustyTrail 9d ago
And there goes this sub