GoPro Recalling the Karma

[Parker]

GoPro is recalling its Karma drone

ouch.... so glad I got the Mavic!!

 

[skypros]

Yea.... OUCH !!

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

 

[shorttimer]

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.

 

[edison]

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.

AKA its a hardware problem. Dayummmm

 

[Drone Master]

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.

 

[schpenxel]

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

What a disaster for them.

 

[shorttimer]

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

What a disaster for them.

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

 

[schpenxel]

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

 

[Nathan Hoover]

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?

 

[TapSnap]

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

Sent from my SM-G935V using MavicPilots mobile app

 

[Drone Master]

Official conformation of recall.
GoPro Official Website - Capture + share your world - 2016 Karma Return

 

[DrPeppar]

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!

 

[Scott]

They only sold 2500 Karma's since 10/23?

 

[Nathan Hoover]

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.

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

 

[schpenxel]

They only sold 2500 Karma's since 10/23?

Apparently

 

[schpenxel]

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

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

 

[JustinMitch]

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!

 

[jwilson2598]

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

 

[schpenxel]

They only sold 2500 Karma's since 10/23?

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

 

[Drone Master]

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

Could well be over a million or more by now.