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Replies to #91 on Roku Inc (ROKU)

matt24d

10/03/17 5:24 PM

#92 RE: MrPennyBags #91

I added shares today. Love how every 2 seconds there is a SA article coming out about how its a sell and the author is short. Their Ad business is really showing huge growth so far. The company is smart enough to know that the hardware side of it is not going to be the growth driver and took steps to turn this company down another area of growth. The shorts are piling on and I say go for it. I love a good short squeeze. As more people cut the cord the traditional ad dollars will have no choice but to look at the areas that actually have the viewers. Hell nobody in my office has cable or Sat TV. They have internet and stuff like hulu, netflix, etc. It is no different when Facebook said that ad dollars were going to mobile and leaving the desktop. This company is actually ahead of the pac when it comes to this growth model IMO.

SgtJBone

10/03/17 5:26 PM

#93 RE: MrPennyBags #91

I jumped on the short bus @ 22.45 today. The push up started to look weak to me, so I just went for it. I was debating if I was going to cover today but I decided to wait and see what happens at the open tomorrow. I will cover tomorrow sometime after the bell and then play it by ear and see what unfolds. That small pop that we had today was just shorts closing some positions. So I think tomorrow more might cover. I'll have my finger on the trigger at the bell just in case everyone decides to cover at the same time, but a solid pop will come when the masses go to cover because there are a lot of people that went short on Friday. Good luck