Piper Jaffray cut the price target on GPRO from 20 bucks to 15 bucks. I considered it was a help to Hedge Funds to gain in December. Meanwhile, GPRO has become a very attractive acquisition target at current price. Funds' managers, including traditional mutual funds' ones, generally buy puts to protect their stock portfolios, it doesn't mean they won't use the hedging to profit. During Q3 earning releases, I believe they had gained a lot from their own hedgings.
I learned a Chinese hostage from Beijing was brutally executed. If I am not wrong, it's the first Chinese hostage killed by radical extremist in Middle East. According to an analysis I heard on CNN the other day, the massacre in Paris might indicate that they did lose grounds in their core and had to show their existence out of the region. Now, they spread the hate to Chinese. A Norwegian hostage was also killed the same time.
Due to our geographical position, we may still feel relatively safe. However, I just noticed a piece of news that five Syrians used stolen passports in Greece to attempt to enter Honduras. We are lucky that they were caught at the border. Their intent is very obvious: Getting into middle America where the security procedure might be loose, then going through Mexico to across the border illegally to enter US.
The world hasn't been peaceful for quite a long time. During Cold War, it was still legitimate governments' games, everyone still followed humanitarian rules. Now, it is a different picture. We must be cautious.
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