GoPro went public on June 26th at $24/share and I couldn’t help but notice the seemingly insatiable interest in this stock, and when I saw it set up in a chart pattern that resembled a double-bottom with a $44.96 buy point, I featured it as one of my featured stock picks in my August 27th subscriber update.

The company makes action cameras and a complete array of accessories and takes a promotions strategy that is similar to Apple’s (AAPL), namely, to sell a limited number of device models with practically no discounting. Equally interesting is the company’s home and Pinterest site which are replete with interesting, action-oriented photos and videos and their cool display in Best Buy.

IPOs are sometimes dicey to trade early on, and often take awhile to set up, but GoPro Inc. (GPRO) was different from the start, as you can see. Here’s a chart that shows you the move that ensued:

I welcome your comments.
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–pj