Reply To: GoPro (instead of ETF) – bankrupcy risk

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#8040

Hi Esterkin,
well, yes, we did warn Elle about the bankruptcy risk (or, literally, that “GoPro may spend more money that it earns selling its cameras”). But there is also a chance that the stock price will (more than) double, so we did allow this trade (we would not if it were a definite falling knife).
And even if GoPro goes bankrupt, the earlier Elle learns the pain of loss with small sums, the better is for her in the long run.