On the day of GoPro Inc (NASDAQ:GPRO)’s initial public offering, a snickering whisper could be heard among skeptical hedge fund players similar in tone to what was heard around the IPOs of Facebook Inc (NASDAQ:FB) and King Digital Entertainment PLC (NYSE:KING). The polite terms being used in public were the IPO valuations “rich” and reflected “optimal market conditions” to launch an IPO. John Fichthorn announce short interest in GoPro The murmur swirling near GoPro was also around sky-high valuations and the fact the company was being marketed as something it was not: a media play. Today Dialectic Capital’s John Fichthorn…
GoPro Inc Is A Camera Company, Dialectic's Fichthorn Proclaims
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.