Roku Inc (ROKU)

[SgtJBone]

I sold but not because I think it's going to pull a SNAP. This is far from that POS. This has market share, advertising, boxes, and it's own platform being built into TVs. ROKU isn't an app; it's a platform to run off of for TVs just like microsoft is for computers, and it doesn't restrict content like the competition.

I agree that it might have a pullback but it's not going to pull a SNAP at all. I sold today in hopes of a pullback on Monday to build my position. I'll keep flipping it until I can't.

I probably should have bought back in right now but I'm going to roll the dice and see what happens. I'll watch the pre-market on Monday to see if I should short it or buy in long. The lowest I think it will dip is $23

Right now they are still showing a loss but with the expansion that they have been doing this year it wont be long until they are in the green.

I wouldn't try shorting it like it's SNAP's brother, because this isn't going below it's IPO like it did. It just has way more going for it and it has the team that launched Netflix to greatness leading it.

I think this will do very well in the coming months but I have the habits of a day trader where I like to max profits and build positions on trades for more money. After not trying to get back to it's high I'm hoping for a small pullback. Chances are I will just look for a spot and go long instead of trying to short it, because I think in the long term this will have a bright future. JMO