“Life is either a daring adventure, or nothing at all.”
GoPro. Be a Hero.
This time, I really must be a hero, first time buying into a stock at a P/E ratio of 41. But before you all go ranting and asking me if I am crazy, give me a chance to explain myself!
I did not even realised that GoPro (GPRO) had IPOed last year in June 2014. Back then, I was still patting myself on the back over my stock picks on SGX, and had not ventured out into the US market until late 2014. Even if I did know that GPRO had IPOed, I was not interested. I am sure all you seasoned investors know the risks of investing in IPOs right? For those that don’t here are some quick explanations:
– Not enough data provided by the company. We can’t really tell ......