Introduction
In my last article on GoPro (GPRO), I took a look at a company that was seemingly finally turning around and heading toward profitability after years of mismanaged product launches and failed innovations (such as the drone). I thought that near $4.00 per share the company was looking attractive as a potential turnaround play, but I also said the stock remained speculative. The ideal investor was someone with a shorter timeframe, as the possibility of the trade not working out remained significant.
Sure enough, the stock rallied during September