Earnings play has come to fruition. 13% overnight. Of course, as I should have done, I sold BEFORE the next pre-market spike, which would have brought me another 5% more.
I am absolutely bullish on GoPro and believe it is massively undervalued. I still sold because the same thing happened with the last earnings and the increase in AH was sold off again. The problem with GoPro is the attention. Analyst ratings are consistently negative, there are no buy recommendations and sentiment is very poor. So I don't think there will be a sustainable trend reversal FOREVER. As soon as analysts make positive comments and sentiment turns around, I will get back in.