re: Time to short GOPRO?

with a trailing p/e of 260 and 5 yr projected PEG of over 7, I'd say, yeah...they're WAY overvalued and prime candidate for a short, but I'm not one to bet against irrational exuberance, it can stay up as long as people want it to....

there's only so many of these cameras they're going to sell. for them to justify the stock price, they're going to have to diversify into surveillance, drones to mount cameras on, auto etc.

I wouldn't choose to touch it either way, but if I had to, I'd take a long term short

ETA: up 7% today....NOW it's time to short it