Roku Inc (ROKU)

[SgtJBone]

I'm about ready to jump on the short bus

[BrophInvest]

Like I mentioned last week. Short short short. I covered partial position already. This will easily push 20 and lower

[SgtJBone]

Well I was wrong the panic sellers are still here. I don't know where they're going to draw the line and stop selling.

[SgtJBone]

At least today's pre-market isn't like yesterday.

[matt24d]

Here is a great read that IMO tells where the value on this one is. I think they grow this part of the business to be a power house.

https://adexchanger.com/digital-tv/rokus-ads-driven-platform-business-accounts-41-revenue-angling/

[matt24d]

I would say todays pull back was expected. Lets face it the pull back today was not that bad. It had a nice move up on the IPO and the next day it had a nice move. It needs to digest the gains. But hey with the small OS on this and the volume we are seeing it will not take much to get it going again.

[OTC_Buyer]

Same I have been doing since Jan in my other investment starting with AM$$ ... real investments like here in ROKU you have to look at big picture of Qtr to Qtr and not day to day ... that is difference between flipping and investing

Know what you own

[MrPennyBags]

I think it will be red for tomorrow also. The shorters are having fun with this. By Friday you may see it back green again.

[SgtJBone]

I just went outside to try and finish sealing my deck before winter comes. I'm red from today but I know this is a great company so I just stopped watching it for today. I think it will be green tomorrow. I'm not going to try and concern myself with every little tick. I know it's a solid company.

[OTC_Buyer]

A lot of my watch list is being Fubar today ... maybe the shooting who knows?? ... my daughter’s shares are still in the green so I am not worried and I know where it will be in 6-12 months too

[SgtJBone]

I expected a pullback but dang.

[SgtJBone]

Well I guess not today. I would say it's FUBAR today.

[Trons]

$30 coming

[SgtJBone]

Good luck.

[OTC_Buyer]

My daughter is still in but I sold mine today (for a $5 per share profit still) and now invested into my penny gamble RMR$ to hopefully come back and buy more

[SgtJBone]

Dude I sent you a link already showing the different name brand TV companies carrying their OS. ROKU themselves are not selling TVs but their OS is being installed on name bands.

[SgtJBone]

I think the low of they day is already done. I jumped back in a little early at $24.85 but with all the news I think I'll be fine.

[matt24d]

Just remember a huge part to any company is their management team. This company has a very solid team running things. I have no problems letting these guys do their thing.

[OTC_Buyer]

NEWS
5 new players
Updated OS

[Tardis24]

Agree, Lets hope it doesnt pull a snap, I need to do more DD on roku.

[Tardis24]

Atsc 3.0 is the future and will kill cable, Roku imo will break 50 by summer 2018.

[matt24d]

Its garbage yet it has 32% of the market. Umm OK!!

[rusty8350]

Explain this operating system concept. Are they suggesting their operating system will come installed on ALL tvs and exclusively run off their system? Or are they selling Roku tvs with this OS on it? I don't see every major player in the tv industry exclusively using the roku os. But that sounds much better than the dinky little boxes.

[rusty8350]

Nearly everyone has a facebook account. What would nearly everyone need Roku for? I just don't see it. Too much competition and nothing special that they offer that I need. Maybe others feel different.

[Titanium]

Roku is garbage. The original owners just wanted to cash out their investment

[DieselJoe]

All I got to say is that ROKU is not different from what FB or twitter have to offer. Just software. But yet see their share value...

[matt24d]

They are going way beyond just an App or set top box. I listened to an interview with the CEO awhile back on youtuge. He stated that they are turning their software into a full blown operating system for the TV like IOS or Android. He said that the software is being developed to perfect your streaming. Again I think there is more to this company. Also with their Ad business picking up you can bet that will be a revenue builder. I mean they did just say they hit 7 billion hours streamed. What companies would not want to advertise with that many eyes. I think this one has a place even with the giants out there. Mater of fact this one could be a M@A target one of these days if that add Business starts to take off.

[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

[BrophInvest]

Anyone that bought this yesterday should be locking in profits. You would be naive not too. Get ready for a big correction. Excellent opportunity for a short next week. I'm sized in at 28.50. will be borrowing more if this rallys higher on Monday. The downswing will be even harder. Just like S*AP $$. Easy money. The odds are not in the bulls favor; IPO performance

[SgtJBone]

The day isn't over yet and we already beat yesterdays volume. This last hr will give us a clue for Monday. So I'll see at the close if I'm going to hold over the weekend or not. If it's another push up at the close then I'll hold if not then I might sell and jump back in Monday. I don't know yet. Most of the day traders like myself will be jumping out before the close so it just depends on how many we have on it today. If there are too many they will sink it at the close. Good luck to us here in the power hour.

[SgtJBone]

“What’s important in the evolution of the company is the platform business is becoming a greater and greater portion of Roku,” Chief Financial Officer Steven Louden told MarketWatch in a telephone interview Thursday. “It’s now 80% of our gross profit and I think it’s great proof-point for investors about really what the Roku business model is about.”

http://www.marketwatch.com/story/rokus-stock-rockets-in-its-nasdaq-debut-2017-09-28

[SgtJBone]

ROKU is open unlike apple or the others. That's why I have ROKU to get all of the programs that I want unlike the others that are limited. They shot their selves in the foot by doing that and that's why ROKU has the majority of the market share right now. ROKU is the top dog in this area and that's why this isn't pulling a SNAP. Unlike SNAP ROKU is ahead of it's competitors. Like I said they moved from being an app to a platform. The smart TVs are using their platform. Kinda like what Microsoft did with computers. They're running an operating platform on these TVs not just an app.

[rusty8350]

Yes, plenty of apps on my tv that I don't need or use, you're not incorrect there..... why buy a roku tv? Hell apple tv's are not even that popular. What are they doing that's special or innovative that many others are not already currently doing?

[SgtJBone]

You can see a few of the TVs here with ROKU built in. https://www.google.com/search?rlz=1C1CHBF_enUS752US752&tbm=shop&q=built+in+roku+tv&tbs=vw:l,mr:1,cat:404,pdtr0:762011%7C762012&sa=X&ved=0ahUKEwi1pJPW6crWAhWH4yYKHRYPCKYQsysIwgQoAQ&biw=1920&bih=949

[SgtJBone]

They are selling ROKU TV's. They're turning their business into more of a platform business, with lots of ad revenue. Kinda like what Microsoft did with it's business. I've seen a lot of TVs with ROKU built in. Google it and see how many TVs pop up with their system. They are way beyond just boxes to hook up.

[OTC_Buyer]

Those who can't afford an Apple TV ... there is Market still ... and those "built in" TV apps are slower than molasses

[rusty8350]

I've personally watched an aweful lot of netflix over the years. Never once needed a roku to do it with. Knew people who specifically bought streaming set top options just so they could watch netflix. Some may have purchased rokus. But why? So they could watch netflix. Therefore I would not say roku saved netflix. Netflix content that people wanted is what saved netflix.

But with so many other options, why choose roku today? A fire stick costs $35?

[OTC_Buyer]

Perhaps you should read up on Netflix's history on how DVD going down and Video On Demand up which Roku was the solution to Netflix's problems ... Roku saved Netflix

[rusty8350]

Who needs one of those boxes now? Does this company have anything else to offer? My tv has built in apps already no need for roku

[rusty8350]

Perhaps you have that backwards......

[OTC_Buyer]

Ha! If it wasn't for Roku then Netflix would not be.

[rusty8350]

Hard to borrow against now. But this is going to be an amazing short. What does this company have to offer that many other more successful competitor's don't? Netflix and Amazon can wipe this thing out

[OTC_Buyer]

Wait for it

[SgtJBone]

I just bought another 357 shares at $27.00 but I think I just messed up in doing that. With 729 shares this drop is killing me.

[MrPennyBags]

I missed my buy opportunity yesterday because I had to go to my real job. If I would have paid attention to this I could have nearly doubled my money already. I like the way things are looking here. I would expect a small pullback but most likely not seeing red today with all the support here.

[OTC_Buyer]

Before lunch yes but I strongly believe it will rip again after. I myself been waiting all year for this IPO to hit. And found out the day before it did, snuck up quick. More eyes equals more prize.

[SgtJBone]

I had my sell point at $30 I went to get some coffee only to see I missed it by 20 cents. I should have just stayed behind my computer. I will be expecting a pullback after today.

[OTC_Buyer]

I think Market is underestimating the want of this stock from the open public who have been waiting on this for such a long time.

[OTC_Buyer]

Price prediction ... close $35

[OTC_Buyer]

Now it gets really interesting.... watch the volume go crazy after 2.5 M in just pre-Market alone