$1.25 (1.58%) Today
52 Week High
52 Week Low
7 Days Mentions
Fucking bears are dumping RBLX again - maybe the market knows something we don't.. I know they had some scandals etc but so did ATVI and look what MSFT did.. Strange - RBLX's growth numbers last quarter were incredible.
If you don't think this acquisition is significant all good - it says A LOT about how one of the biggest companies in the world views the future. Would you short RBLX after todays announcement if you now know that companies like MSFT are valuing game companies 30% higher than the current market value?
>$EA +7% $TTWO +3.6% $ZNGA +1.8% $RBLX +6% \> Shares Of Gaming Companies Move Higher After Microsoft Announces Deal To Buy Activision Blizzard ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-01-18 ^08:40:54 ^EST-0500
Because Microsoft just bought a gaming company for 30% more than its current price. RBLX is obviously a gaming company so market realised its severely undervalued. Should hit $90 minimum by close today or more. Potential to go over $100 if markets recover.
I disagree completely about number 2 and about the end. There is no exceptions. This is also what big name institutions are going to look at right off the rip aswell. They will ask themselves **"Why would I invest in a company that cannot produce a profit?"** It is best NOT to follow what others do, and do your own DD. **Fuck Nancy Pelosi and her RBLX call options** that are not lookin so hot right now. Trust yourself, watch the waves, but make your own trades. This is what I do. Many ways to trade in the market, can put both short and long term into this strategy. But yeah, short intraday trading doesn't matter a whole lot if the stock has good range.
rotating out of value and into growth. last year when no one cared, i was buying $BRKb like it was going out of style. i didn't sell at $320 but i did buy at $268 average and sold at $300 average. of course, i did about $600k in this trade and slept well at night knowing warren's company would figure it out. also had some of the banks directly, some energy companies directly for the divs. maybe it's overbought now, maybe it'll go up more, but i made some tendies and slept well. right now i'm loading up on $SPYG and $XYLD. a little bit of $RBLX, a little bit of cloud and security. i intend to be jacked to the tits by March on growth stocks. i do not intend to sell anything until at least 1 year passes, and then only if nicely profitable or something drastically changes. to those who think i don't know about the interest rate hikes: i'm going to let all the CFOs of all the best companies in the world figure that out, and i'm gunna sleep well at night. i think there is a high probability that the rate hikes are over hyped, they will do next to nothing and stonks will keep going BRRRRRRRRR
I completely agree to you bro. I made more than $100k without knowing the AMC/GME short squeeze event. Later found this sub from media and fucked my portfolio over the past year. Now my 34 RBLX calls (LEAPS) are down 50%. If this gone I will start fresh by only buying ETF’s. 😖
Unity sofware: getting crushed. VRAR crushed. RBLX hurting. My portfolio, which is a snapshot of me going all ape into metaverse stocks: crushed. I think it'll pick back up. EV stocks went nuts over a year ago, cooled off, went nuts again. Same with SPACs, eVTOL, 3d printing. Cooled off, then became cool again. Though... those weren't up against inflation, so maybe I'm being too optimistic
Team. It’s not even the first quarter of this year. We shouldn’t all be this gassed going into the weekend. There’s still plenty of volatility left to take advantage of THIS year. Positions: Short Tech (puts- AAPL, RBLX, PTON), Long Oil (producers), Long Uranium (ETF Trust), And crown jewel- $SARK.
True but I witness my kids (me) and all of their friends pump money into this game like its gas when the price’s are at level mean tweets. And its so free flowing like you can create ANYTHING. I think RBLX is at the forefront of what the metaverse is spoken of to become and will only get broader.
Okay but if you have kids you know RBLX is gaming staple now and is going to be The Simpsons of gaming. I remember watching an episode of the squid games and my son being like “look dad roblox has squid games” fuckin lil playstation controller ppl shooting players lol. But seriously though, sound outlook, it does seem like something HAS to give one way or another. Either these covid policies, which has gained republicans hundreds of thousands of new voters, or a big kick in the nas-daq.