Long-term indicators that indicate downside in GPRO:
+ Extremely expensive valuation from any way you look at it (sales, earnings, FCF, book)
+ Horrible business quality - high earnings accruals, high debt/dilution, low depreciation to CAPEX
+ Smart money is bearish (high short interest, company insider selling)
Links to academic papers that our TA quant model is based on:
1. papers.ssrn.com...sol3/papers.cfm?abstract_i...
2. papers.ssrn.com...sol3/papers.cfm?abstract_i...
+ Extremely expensive valuation from any way you look at it (sales, earnings, FCF, book)
+ Horrible business quality - high earnings accruals, high debt/dilution, low depreciation to CAPEX
+ Smart money is bearish (high short interest, company insider selling)
Links to academic papers that our TA quant model is based on:
1. papers.ssrn.com...sol3/papers.cfm?abstract_i...
2. papers.ssrn.com...sol3/papers.cfm?abstract_i...
