GoPro Recalling the Karma

Discussion in 'General Discussions' started by Parker, Nov 8, 2016.

  1. Parker

    Parker Active Member

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    TapSnap likes this.
  2. skypros

    skypros Well-Known Member

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    Yea.... OUCH !!

    GoPro stock down 5-1/2 % down in the after hours trade....
     
  3. shorttimer

    shorttimer Well-Known Member

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    So they are just refunding the buyer's full $$$ and not replacing it at least for now. I think GoPro's best days are behind them.
     
  4. edison

    edison Well-Known Member

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    AKA its a hardware problem. Dayummmm
     
  5. Blue Bird

    Blue Bird Member

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    Major hit for GoPro. They should have stuck with DJI like they did back in the day. They probably would not be in the situation that they are in now for sure. Wow, Karma on top of Karma.
     
  6. schpenxel

    schpenxel Well-Known Member

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    Now I'm really glad I don't have any GoPro stock

    What a disaster for them.
     
  7. shorttimer

    shorttimer Well-Known Member

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    Yea it was over 80 and was around 50 for quite awhile. Think its about 10 now.
     
  8. schpenxel

    schpenxel Well-Known Member

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    Yeah peak was mid 80's.. if it keeps dropping like it is in after hours trading it may go under 10. It's 10.00 right now
     
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  9. Nathan Hoover

    Nathan Hoover Well-Known Member

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    I saw a couple of videos showing this happening. I'm really sorry for GoPro although of course it's their fault. Man, what an unfortunate thing. We need more competition!

    I guess if you're going to announce something that bad, doing it on election day is a good idea?
     
  10. TapSnap

    TapSnap Member

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    Well I'm glad I picked Mavic over Karma as my first drone.

    Sent from my SM-G935V using MavicPilots mobile app
     
  11. Blue Bird

    Blue Bird Member

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  12. DrPeppar

    DrPeppar Well-Known Member

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    Now is the time to buy as any smart investor would tell you.
    While I loathe the karma their cameras aren't going anywhere. They may be ready for an acquisition though. I might grab a handful of shares.

    So much more than a drone, it's a falling meat slicer!
     
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  13. Scott

    Scott Active Member

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    They only sold 2500 Karma's since 10/23?
     
  14. Nathan Hoover

    Nathan Hoover Well-Known Member

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    Probably good advice. But my bet would be that it goes lower still.
     
  15. schpenxel

    schpenxel Well-Known Member

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    Apparently
     
  16. schpenxel

    schpenxel Well-Known Member

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    I think so too--it'll keep dropping until something happens to stop it IMO. They just can't seem to get their **** together.
     
  17. JustinMitch

    JustinMitch Member

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    I picked up a karma while waiting for my mavic. I actually really liked it and didn't have any issues. Was pretty close to just keeping it and cancelling the mavic order. Glad I didn't. All hail the Mavic!
     
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  18. jwilson2598

    jwilson2598 Active Member

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    I wonder if this will add another mini surge of Mavic orders, as people look for something else to replace it with.
     
  19. schpenxel

    schpenxel Well-Known Member

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    Makes me wonder how many Mavic's have been sold.. people trying to say hundreds of thousands have been ordered, lol

    And I'm sure the 2500 is the number shipped, not just what was ordered
     
  20. Blue Bird

    Blue Bird Member

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    Could well be over a million or more by now.
     
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