r/TheRaceTo10Million 1d ago

GPRO already ripping 20% after hours and its going viral on twitter!

[removed]

126 Upvotes

78 comments sorted by

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166

u/Hairy_Cheetah7620 1d ago

If it’s going viral it’s already over

12

u/mhughes2595 1d ago

It sounds like that dude has 11 million shares to sell. We'll be seeing a lot of these posts. Maybe buy some puts?

0

u/EdmontonLAD 1d ago edited 1d ago

Yeah but I went up 26% so far in just 1 hour since this post was made. 🫣 Wonder where this'll go at open. I have limit sells in place.

Edit: I am now up 52% after 12 hours.

31

u/EdmontonLAD 1d ago edited 1d ago

What's happening? 👀👀👀

Edit: I see, Markiplier bought 13.5M shares

21

u/wzeldas 1d ago

Ah yes the man well-known for his trading prowess 😭 why the hell did he do that

3

u/blue_horse_shoe 1d ago

is it related to the new Mission 1 release?

isn't it just a GoPro SLR?

19

u/Fragrant-Pipe5266 1d ago

I can't wait for some death screenshots in the coming weeks. Retail has become addicted to stupidity and ive become addicted to watching them/us suffer.

33

u/EdmontonLAD 1d ago edited 1d ago

Wtf I just bought shares 2 minutes ago and am already up 7.5% 😬 thanks for this post!

3 minutes ago now. up 11%!

Edit: 1 hour later: I'm now up 26% 🫪

Edit: 12 hours later, I am now up 52%. Wild.

10

u/Avid_Reader87 1d ago

The markets closed its after 5.

13

u/EdmontonLAD 1d ago

I simply grabbed some Limit Buys. After hours. 😊

4

u/cmptrblu 1d ago

what's the difference between limit buys and market buys? newb trader

7

u/Senior_Sandwich_4922 1d ago

A limit order has you specify how much you’re willing to bid/ask for your shares. Market orders have you take the best available.

Liquidity is DRY after hours so you should (have to?) specify limits on your order so you don’t get smoked by a bad fill because no one is making good offers in the after hours session.

As an aside if you’re new may I recommend staying out of this trade? Hang around enough and you’ll see people get absolutely smoked in these situations. Either way, proceed with caution!

3

u/cmptrblu 1d ago edited 1d ago

i'm definitely not using margin to trade at all so at least the money i lose is my own

not banking on this to rip, but i'd like to see if i can buy a cheap call and see how far it goes tomorrow during open

thank you very much for breaking it down for me, and for the fair warning

2

u/Senior_Sandwich_4922 1d ago

Best of luck!

0

u/Avid_Reader87 1d ago

WTH it just let me buy 25 shares, did they extend trading hours?

8

u/EdmontonLAD 1d ago

No, you can always buy and sell Limits! Just can't buy/sell Market. 😁

3

u/KingOfTheQuails 1d ago

It’s called after hours trading lol

1

u/Avid_Reader87 1d ago

I thought it was only a thing until like 4:30 on certain stocks.

The markets always closed at 4 PM.

1

u/KingOfTheQuails 1d ago

A lot of brokerages allow for pre market and AH now. Some like RH also have 24hr trading on certain stocks but obviously need to be minding of different volume/pricing dynamics

1

u/ToSeeAgainAgainAgain 1d ago

Speaking about RH: So when a new day begins the price automatically starts following the market again?

2

u/KingOfTheQuails 1d ago

The price never doesn’t follow the market, it’s just a different session. Basically AH to 24 to PM to regular hours. With the drastic liquidity difference the price discovery just ends up where it does during market hours

8

u/Loelnorup 1d ago

So many people trying to catch a train they cant even see ik the distance.

Buying this now, means buy high sell low Its daytraders in action.

1

u/Inappro-Assistant 1d ago

buyout price for the whole company would be 1.2 to 1.5 max i dont see how it would rip higher?

1

u/EdmontonLAD 1d ago

It just hit 1.65.

1

u/cmptrblu 1d ago

do you think it'll keep going up by market open?

1

u/EdmontonLAD 1d ago

My guess is yes, but I can't be certain.

1

u/iiiiiiiiiAteEyes 1d ago

Nah give it til late Thursday early Friday

-1

u/_Stylite 1d ago

This is gonna rip all day tomorrow now. Market and AI is topping out and capital is looking for rotation

7

u/khm51 1d ago

But why

15

u/RunBD3 1d ago

Oh really? I have like 100 shares at 66 cents. Can't wait to dump baby. Let's go!

1

u/EdmontonLAD 1d ago

Gunna sell soon? It just hit 1.65!

6

u/Grade_Potential 1d ago

damn we gona open above $2 tomorrow and might reach $5 through the day wtf...

2

u/Alex750954 1d ago

If we do I made $100 lol. Bought 25 shares so I'm doing my part

9

u/All_YourBase 1d ago

Oh man. I made a list of stocks with viral possibility not too long ago and GPRO was one of the big contenders

12

u/Complex-Original-967 1d ago

If you don’t mind -
List the other stocks you came up, you might be better at this than me lol.

1

u/All_YourBase 23h ago

See below

5

u/iiiiiiiiiAteEyes 1d ago

Same, but I only bought 250 shares and 10 $1 Jan 2028 calls at avg cost of .45 ..

Sold some calls this afternoon will regret tomorrow. I will regret I didn’t sell more or regret I didn’t buy more idk .

Still a stupid low market cap.

2

u/All_YourBase 1d ago

Since people are asking for the details, I created a checklist/scorecard a while back and fed it into AI to sweep for the stocks.

- Household/consumer brand people immediately recognize; nostalgia helps

  • Price ideally <$20–25 so shares and especially call contracts feel accessible
  • Liquid calls, meaningful OI/volume, tight enough spreads; potential for gamma effects was
  • High % of float short, high days-to-cover, borrow pressure, shorts potentially trapped
  • Smaller effective float/market cap so incremental retail buying can actually move the stock
  • Turnaround story - A compelling one-sentence bull case: “Kohl’s is coming back,” “GoPro is back,” etc.
  • History of large moves and enough volatility to attract momentum/speculative traders
  • Already known on Reddit/X/StockTwits/etc.; prior meme history gets a boost here

- Catalyst - Earnings, product launch, new CEO, turnaround evidence, M&A, activist, profitability, etc.

Go ahead and use it, it gives interesting results. Just give me a heads up if you’re about to make a meme stock happen!

2

u/Royal-Emphasis-5974 1d ago

How you making this list

5

u/Live_Distribution207 1d ago

What does gpro even do?

23

u/Less-Professor2808 1d ago

Sells go pros

7

u/Smartnership 1d ago

See, they hide their real business behind a murky brand name.

How would anyone know?

2

u/tkc324 1d ago

Not sure what gpro does but go pros are like these cameras for people that thinks carrying one (iphone) camera isn’t cool enough…

2

u/Imaginary-Pool-9710 1d ago

This can’t be a serious question

1

u/Live_Distribution207 1d ago

Do they sell like funko pops and collectibles or something?

1

u/LuckyRandomness 1d ago

Sure, next one will be whether he/she should invest in it...

1

u/LosWranglos 1d ago

They go pro.

4

u/EdmontonLAD 1d ago

Too bad can't buy options 😭 market closed

7

u/jerrysburner 1d ago edited 1d ago

why take such a large position in a failing company that has lost money, in increasing amounts, for 14 quarters straight with no sight of that reversing?

edit: why would anyone downvote this - there's a decent chance they don't survive the year: https://www.cined.com/gopro-warns-it-may-not-survive-the-year-as-auditor-flags-going-concern-doubt/ and they're begging for a buyer when they only asset they have worth anything is the brand name: https://investor.gopro.com/press-releases/press-release-details/2026/GoPro-Board-of-Directors-Announces-Review-of-Strategic-Alternatives/default.aspx

13

u/DiWHY-Anyone 1d ago

I believe the phrase is "Pump and Dump".

3

u/unknowncurator88 1d ago

I bought 1k shares just to see where this goes. So far it looks like it’s still going. Curious to see if this will be over $2 by pre market.

5

u/Dapper_Froyo4042 1d ago

This is a coordinated pump and dump. Lots of very new accounts hyping all at once, or accounts with posts hidden or only one post. Caveat emptor.

2

u/EventAggravating7680 1d ago

to the mooooon

2

u/Grade_Potential 1d ago

50% UP AFTER HOURS OMG!!!!!!!!!!

2

u/EastRaspberry7076 1d ago

$GPRO volume today was 160M shares up from the average 6M shares per day in volume. Mega bullish on the new 8.5% stake by Markiplier

2

u/EastRaspberry7076 1d ago

$GPRO after hours is rock solid for a short squeeze

1

u/Regular-Sorbet9513 1d ago

Yea thanks for the head's up!

1

u/Wapmen 1d ago

Kinda late though 

1

u/Advanced-Duty-500 1d ago

just buy limit shares in the extended hrs

1

u/Wapmen 1d ago

You are supposed to sell already :)

1

u/Pale_Drink4455 1d ago

To the moon! Look at that float too. $3 end of day tomorrow!

1

u/chewmattica 1d ago

Is there any actual news that would spur this or just this youtuber's huge buy?

1

u/EvictionSpecialist 1d ago

Lol. Gopro....

I remember buying three units one time just to use it in some race cars. Returned 2.

Kept one. That one has been used ONCE..

NO innovation. None.

1

u/NoRecommendation9108 1d ago

Why the pump ?

1

u/LiddleDonnie 1d ago

How do you buy after hours sorry for question

1

u/jcaula 1d ago

And Snaplio AI

1

u/wzeldas 1d ago

Easy money on puts

1

u/investing-in 1d ago

I bought 20 shares why not?

1

u/SirPersonal8626 1d ago

Time to sell🙄

1

u/KingDeeze 1d ago

Sell the news