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GoPro Inc (GPRO) “Went”

A little over a year ago I posted an article calling GoPro Inc (NASDAQ:GPRO) wildly overvalued at a price of $75 per share. I argued that the barriers to entry and the growth opportunities simply could not support a price-earnings ratio of over 250. Suppose you agreed and decided to go short GoPro or write call options. When do you make money? Not until the market agrees with you. And...


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