Seeking Alpha


Send Message
View as an RSS Feed
View nase8's Comments BY TICKER:
Latest  |  Highest rated
  • GoPro: Now's The Time To Join The Wave [View article]
    I don't mind all the negative sentiment for now, its just priming the coming explosion. Im in at $40 and expecting Q1 to beat estimates as they have the past couple quarters. I am expecting the shorts to get blown away on a solid earnings beat and see a bump into the 50s by the first half of May.

    The major selloff from 90 to $$40 or lower was in panic and a great buying opportunity. Granted I don't think we will see $90 for a long time I think 60s by the end of the year is very possible.
    Mar 26, 2015. 01:12 PM | Likes Like |Link to Comment
  • Assessing GoPro's State Of Business And Stock [View article]
    Im in for the short term at $40. I believe with such a large short interest and low institutional ownership (probably even lower now after the past month sell off) that when GoPro comes out swinging in Q1 the stock will be bouncing over $50 maybe even toward the $60 level.

    What has brought the shares of GoPro down recently:

    1)Lockup Expiration as institutions sold off their shares.
    2)Lower than expected earning estimates.
    3)Resignation of COO
    4) Apple Patent
    5)Xiaomi - Yi Camera
    6) Massive short interest

    (no specific order to these above)

    1) Institutions sold off massive shares as expected because even the biggest GoPro bull know this stock was grossly overvalued anywhere over $80 at this point in time. Couple this with my number 6 (Massive Short Interest) and you can see the huge selling pressure driving down the stock as the shorts ride the tails of the institutions down.

    2) Lower than expected Rev and EPS estimates. Look up every other quarterly transcript and you will see GoPro has continually underestimated and over delivered. I have NO reason to think they will do anything but this in Q1, especially with strong anticipated international sales.

    3) The resignation of the COO is the one factor I must admit alludes me in the GoPro case.

    4) Apple Patent - As well stated above Apple currently sells the dam things and has no announced plans to make their own wearable camera anytime soon. If I were to guess as to what this patent was actually for it would be something along the lines of a Google Glass product, not a sports action camera which is outside of Apples wheelhouse.

    5) The Yi Camera by Xiamoi. This has been way overblown and the pricing of this product has been down right misleading. Yeah the camera sells for $65 if you buy it direct, and currently is at $85 if you buy it retail but this comes with NOTHING. If you want to get even close to the same hardware that comes with the $130 Hero purchase you need to buy the $80 Travel Kit Xiamoi offers bringing the price over that of the Hero. ($145). Not to mention you get none of the amazing software and media outlets GoPro offers. Oh and this is only being sold in China currently...

    As you can tell from my tone I believe all of these factors as well as the general negative sentiment the market is giving GoPro at this time have well been over blown and caused a good buying opportunity for this stock. As long as you plan to ride it out at least until the Q1 earnings I expect them to, as always, over deliver on their conservative estimates and crush that short interest sending this stock to the $50-$60 range.
    Mar 6, 2015. 05:43 PM | Likes Like |Link to Comment
  • CyberArk -3.1%; Piper starts at Neutral, worried about market size [View news story]
    The market is there but not at these insane valuations for growth.
    Mar 6, 2015. 01:24 PM | 3 Likes Like |Link to Comment
  • GoPro: Xiaomi Is A Serious Threat [View article]
    I believe if it can come out strong in Q1 and kill the nay-sayers with both strong US and International Sales, having such low Institutional ownership and large short interest it could see the 60 range again this year.
    Mar 6, 2015. 11:09 AM | 3 Likes Like |Link to Comment
  • GoPro: Xiaomi Is A Serious Threat [View article]
    The whole Blackberry comparison is not even relevant not sure why everyone keeps making it. Blackberry failed to continue to innovate in one of the highest growing industries of the past 10 years and so it was left in the dust. It did not fail because some knockoff brand came and undercut it on price, it failed in every other aspect.

    GoPro has continued to innovate and develop new and better quality products to bring to market as well as building media channels to view and share this content. GoPro is a luxury product in a niche industry and the brand and quality of its products will continue to get the sales of those searching for the best performance.
    Mar 6, 2015. 11:01 AM | 2 Likes Like |Link to Comment
  • GoPro: Xiaomi Is A Serious Threat [View article]
    This is what comes with your basic GoPro Hero at $130.

    •Integrated Camera + Housing (This case is waterproof)
    • Built-In Battery
    • Skeleton Backdoor
    • Curved Adhesive Mount
    • Flat Adhesive Mount
    • Quick Release Buckle
    • USB Cable
    Also included is a free download to your PC or Phone that allows you to watch real time video and control the camera.

    For $65 (and which retailers are currently selling for $85) you just get the Xiaomi Yi Camera at this time. However, the device does not come with a case or rigging, which are accessories that come with GoPro cameras. You can buy these accessories with the Xiaomi a "travel edition" package that cost around $80 bringing the retailer price to $160 and the direct price to $145 for a package similar to GoPros, and this is without a proven software and media streaming services. Not to mention the pure waterproof ability of the camera itself without a case I am pretty skeptical about.
    Mar 6, 2015. 09:51 AM | 10 Likes Like |Link to Comment
  • Vasco Data Security At The Forefront Of Cyber Security For The Digital Era [View article]
    Have you seen their mobile solution it is ridiculous. Take a picture of a code off of your computer and then gain access on your mobile device. The whole point of mobile is to not need a computer. I liked almost everything else about this company other than the main thing its PRODUCT.
    Mar 3, 2015. 09:59 AM | 2 Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    More profitable on sales, seem to be stealing market share according to their Q3 report, larger increases quarter of quarter in their EPS, they set much lower expectations for Q4 results which means they are probably set up for a solid earnings surprise for Q4, enterprise value of 150 millions more than DSKY with only having 540k larger market cap, stronger current ratio (tho obviously DSKY has the stronger cash position), and even less institutional ownership than DSKY (though it appears most institutions are avoiding mobile gaming as a whole)
    Feb 20, 2015. 03:40 PM | Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    When does DSKY release Q4 earnings?
    Feb 20, 2015. 03:28 PM | Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    Also, CMGE looks better in every aspect IMO
    Feb 20, 2015. 01:50 PM | Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    Does it seem like they set the bar fairly high for Q4? Also do they develop any of their own games or is it strictly revamping the source code of other companies games?
    Feb 20, 2015. 01:15 PM | Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    anyone know why the SG&A expense was so jacked up in q2 of 2014?
    Feb 20, 2015. 11:46 AM | Likes Like |Link to Comment
  • Why iDreamSky Is A Strong Buy [View article]
    Our collaboration with our distribution and payment channel partners In addition to our proprietary distribution channels, we also distribute our games by partnering with major app stores and mobile browsers in China, such as Tencent App Store, Qihoo 360 Mobile, 91 Wireless and UCWeb, mobile device makers and retailers, such as Lenovo, Huawei, ZTE and Suning, mobile carriers and mobile advertising agents. We believe this third-party distribution network allows us to reach substantially all of the Android- and iOS-based mobile Internet population in China. We also partner with almost all major payment service providers in China, including all three mobile carriers and major third-party payment service providers such as Alipay, Weixin Payments, China UnionPay and Yeepay. Our high-quality game portfolio and large user base incentivize our distribution and payment partners to work with us. This helps us provide easy access to our games and convenient payment solutions to our users, as well as seamless game publishing and monetization to our game developer partners.

    Read more:
    Feb 20, 2015. 11:40 AM | 1 Like Like |Link to Comment
  • CyberArk soars above $52 on blowout Q4, strong guidance [View news story]
    best xmas present ive given myself in awhile
    Feb 12, 2015. 05:36 PM | Likes Like |Link to Comment
  • CyberArk soars above $52 on blowout Q4, strong guidance [View news story]
    Feb 12, 2015. 05:35 PM | Likes Like |Link to Comment