Have any of you seen the Mavic announcment?
DJI's new Mavic Pro drone folds up and fits in the palm of your hand
I don't see any way this isn't the last nail in GoPro's coffin.
Agreed. I actually, as an American, wanted the GoPro Karma to be better than the Mavic and maybe it is but ALL signs point to the industry leader. DJI's customer service isn't really BAD per say by the way guys. Watch as over the next few years, it becomes Americanized more than it is now, you will see American customer service work it's way in more and more.
There is a reason Yuneec and DJI both have seemingly bad customer service and it's a culture thing. In China, you don't return things. There are no warranties. There is also no IP law by the way. None that matters anyway.
So the Chinese are making in roads to the American market like never before with innovation for the first time I can remember in years. I think over the decade, a company (not GoPro) will by way of economics have to jump on the "UAS revolution" and there will be much more competition and an armament of amazing UAS technology. It's going to be an all out war and as we all know, there is no innovator like war.
go pro stock is going down as we speak look it up
It's currently down about a dollar from last Friday (about 4.5%) and while you're right that it is a significant daily decrease, it is also up, even with that drop $3 per share from just September 12th so there was probably built in a little of a DJI hope that Mavic would either be met luke warm or poorly but it is being met with unexpected vigor so I wouldn't look too far into that drop unless of course it continues. It's not an indicator of much AT THIS POINT.
It speaks more to the positive release of the Mavic then anything. We will have to see how the full reviews of the Karma end up. I have actually seen a Karma fly, never saw the video and it was a rock.
All that said, GoPro stock is actually down $15 about from it's year high. And the market (actual money) is 2.4B (again down from about 4 or 5 billion). This is actual cash, not evaluation. I have no idea what the long term evaluation of GoPro is but it certainly looks to be trending downward. Not to turn this into CNBC but since you brought it up. I wouldn't invest in GoPro but I wouldn't in DJI either (if it was public) as it's over valued. I would probably put my money in the broader indexes and leave it there for 20 years. (wait, already did that

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STOCK TIP: Take $20,000 and invest it in the broader indexes (The Dow, the S&P and the Rusell) and leave it there for 20 years and when you get it (adjust for inflation even) it will be over a million dollars. This is true for any 20 years stretch (including the great depression) that the stock market has been in action. Someone on a plane told me this once and I researched it and **** if it wasn't true. The Russell index by the way is like the Dow but with smaller, ready to break stocks that aren't penny stocks but aren't blue chips. This is sort of the volatile money maker but still safe compared to betting on stocks individually. Always bet on history, not the future.