go pro founder nick woodman. josh? >> thank you for joining us. alks through beginning with what is new and different about this camera. >> well, session has been over three years in the making at go pro. we challenged ourselves to build the smallest go pro possible and the result is this little guy rng session. it's half the size of our other cameras, 40% lighter. and yet it packs our emmy award winning image quality into what we think is one of the most convenient ways to capture your life. >> so it's smaller, lighter, waterproof. $400. would you expect, nick, that to cannibalize sales of the higher-end camera at $500? >> no. i think that session is a perfect camera for existing go pro customers that want an additional go pro to capture additional perspectives of whatever it is they love to do. it's a great deal for their life capture bag. this is so easy to use. at the highest end black, it is for those that want no holds barred performance. the best of the best. then you have hero four silver which retails for $400 and that's a perfect blend of

behind the company's latest debut and what ceo nick woodman has to say about the competition. we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number... don't miss the lowest prices of the season, going on now. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. right now, save $300 to $700 on select mattress sets, plus 36-month special financing. ends monday! know better sleep with sleep number. >>> welcome back to "fast money." stocks closing in the red to start off the week as fears of a greece and china weigh on the markets. the major averages finishing well off session lows, though, with the dow closing down just 46 points. here's what's coming up in the second half of "fast money." gopro's newest gadget. the company unveiling a brand new action camera. but with the stock down 20% so far this year will it be enough to get investors' adrenaline pumping? we'll hear

but again, you've got jack lazard, the cfo, tony bates the president and nick woodman kind of all presentn some way, shape, and form in this call. >> dom chu, thanks so much. so far woodman giving his vision of the company. no guidance yet, although michael factor of wedbush writes us and says usually the guidance does come on the call and he expects the stock would trade higher even -- >> in the stock's defense the stock rallied 20% into these numbers. it's trading at 70 times earnings. so if you you believe it's a hardware company you sell it here and you sell it because they only grew 7% sequentially quarter over quarter even though 6% up on the year. he's talking about virtual reality. he's talking about being a media company. these are things the company is not right now. if you want to pay for that you can do that. but i tell what you, this is a company where a lot of expectations are baked in. >> don't we want the visionary ceo? i mean, isn't that part of the allure of gopro? >> i think some people do and some people don't. if you think -- now, listen, this might become a commoditi

nick woodman. this was a tough quarter. given the run-up in the stock they had to produce, their guidance was great. gopro, the stock goes higher from here. >> again watching the qs in the after hours under pressure after the spate of earnings disappointments. i'm melissa lee. sigh >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to make you a little money. my job is not just to entertain you, but to educate and teach. so call me at 1-800-643-cnbc or tweet me @jimcramer. in this stock market butty is growth deep anything more substantive than that and anything that represents, say, value quickly takes on the appearance of being worthless. [ screaming ] >> and that's basically how the dow can mruj 181 points while the s&p sits at 7.3% and the nasdaq declines .3%.

we'll hear what ceo nick woodman has to say. >> you can carry all these things around. >> you put your phone up here too? >> no i don't. crude oil in a tailspin. jackie deangelis live at the nymex. >> good afternoon. we saw oil shed $4.40 to finish the session at $52.53 selling pressure intensifying as we got towards the close. you mentioned demand. the situation in greece pushing us over the edge. here in the united states gasoline demands falls off after the fourth of july weekend. you have the perfect storm to go lower today. we are also watching nuclear talks with iran. we know from secretary of state john kerry that genuine progress has been made but that there are some hurdles that the powers need to cross before framework is drawn together. we are watching the dollar on the back of what's happening in greece strengthening today. traders anticipating to see more dollar strength which could pressure crude further. the question at this point is is this the crack in crude that everyone has been expecting for the second half? right now consensus telling me we are probably headed lowe