Roku Inc (ROKU)

[Triple9]

Nice IPO! Congrats to everyone who got shares early yesterday!

[OTC_Buyer]

Profit taking now ... hope it holds above $25

[OTC_Buyer]

$26 now

[OTC_Buyer]

Dare I say 1 M volume before Market even opens? And already above $25. WOW go Roku GO

[OTC_Buyer]

I already said it in my "buawhaha....." message ... but yes basically. It did pretty good post-Market though ... have to see what pre-market does. Honestly I am AMAZED how low their IPO was, I would have though it would have been double to start out with. I am a techie person though so that could just be my personal feelings talking.

[MrPennyBags]

Got any predictions for tomorrow? I'm guessing a spike at open then a pull back to around 19.

[OTC_Buyer]

Buawhaha ... you said "above 23 cents" instead of "$23" ... hehehe movie blooper

but yes long term or end of week over $23 for sure. There will be profits taken again that could see a $19-21 dip but I feel strong enough that it will bounce back fast and beautifully

[cjf913913]

These guys are all brand new and don't know about the Clay Trader Curse yet.

Learn 'em real good!

[OTC_Buyer]

Long term for sure ... within next 1-3 days is a gamble also

All I know is Roku has been around since 2002 if correct so we are built strong. Now all they need to do is start their own "Originals" like Netflix and Hulu does and we will be gold. This will put Snapchat to shame too I am sure too.

All in all ... I missed Netflix IPO and I am not missing Roku's stock entry into the world.

[OTC_Buyer]

Historical data ... I am on my mobile 95% of the time and iHUB is just easier for me to use mobile app compared to my brokerage account mobile app I think ... I flip back and forth between them. One to research and one to trade.

[SgtJBone]

I never pay attn to the boards ticker. I just watch my trading platform. That's too bad that you have to wait for people. I control all of my own trading.

[MrPennyBags]

I will watch this for about 3 days then decide if it will drop back down under 20 again. I think it will but I do think this has a real opportunity to double, triple or even better.

[OTC_Buyer]

My daughter's account has to go through an advisor who was in a meeting so I end up paying $1 more per share than my first entry. I was able to get her 81 shares though and come college time it will be looking good.

I sent an email to IH Admin to associate the ticker to this board to see the trading data. Probably won't get to see today's data though.

[ClayTrader]

* * $ROKU Video Chart 09-28-17 * *

Link to Video - click here to watch the technical chart video

[SgtJBone]

This is a keeper for sure and I'm glad I got in today. The only thing I regret is missing its opening. It opened at 10:40 AM EST and I didn't get in until 11:10 EST I was waiting and waiting and just thought that maybe there was a problem and it wouldn't happen until the next day, and then I heard that it was open on the business channel and jumped on it. I would have been sitting somewhere in the $16 range if I had of just kept my chart open for it, but I continued my other trades. I was so lucky not to miss the whole thing today.

[OTC_Buyer]

Up $100 already and the sky is the limit ... one day we will be at Netflix prices if not higher ... nice

[SgtJBone]

I'm not sure who was first, but I know who is the current champ with the majority of the market share and that's ROKU.

[OTC_Buyer]

Roku, Firestick, and Apple TV .... but Roku was first if I am correct?

[OTC_Buyer]

At least $50 by end of year IMO

[SgtJBone]

I remember when I bought Facebook when it first hit the market. I regretted selling it ever since. It's hard to tell what will take off but I'm betting this is one of them. This is the future of TV programs. I'll be holding this for a long time to come.

[SgtJBone]

The way more and more people are getting rid of their cable and switching over to these boxes, we might be looking at $100 a share by next year or sooner. I think we see $25 tomorrow.

[OTC_Buyer]

Another 40 at $20.85

Holding these for long term

[SgtJBone]

Don't expect this to pull a SNAP. ROKU has the majority of the market. These boxes are the future of TV. I have two ROKU boxes in my house. I hardly watch cable anymore. They have a larger market share than apple, google and amazon before they went public.

Indeed, Roku’s 32.6% market share of America’s 150 million connected TV users last year was ahead of Google Chromecast (29.9%), Amazon Fire TV (26.3%) and Apple TV (19.9%), according to research firm EMarketer.

http://www.latimes.com/business/la-fi-tn-roku-ipo-20170928-story.html

With that kind of market share it was a no brainer for me. I don't see this one pulling a SNAP. I think it will have some legs to walk on in the future since it has the majority of the market. I may even hold it long term.

[MrPennyBags]

I just didn't expect things to shoot up so fast. Things are leveling out now. I had a chance to buy at 16.30 but I thought it might drop and it didn't. Oh well. I will wait now. Not going to buy it at the high.

[SgtJBone]

You would have had to buy the IPO before it went to market to get it at $14, but when you buy an IPO you're locked in and can't sell until the agreed time limit is reached. That's why I prefer to just wait until things go to market.

Just look at what happened to SNAP, those poor people are still under water on their IPO buy in. If they sold last month when they were free finally they took a major hit. Who knows if they'll ever get back to at least the break even point.

When popular IPO's go to market the best thing to do is buy at market as soon as it opens. You can't bidsit on these or you'll get left behind in the blink of an eye.

This will probably be green tomorrow as well.

[MrPennyBags]

I tried to buy at $14 and there was not chance. It went up way too fast. Right now it just peaked at $22. It may dip down again.

[OTC_Buyer]

Got 26 shares at $19.74 so far ... trying to clear up some funds for more ...also waiting on my daughter's wealth advisor to contact me back to get her some too

[SgtJBone]

Quite the ride on ROKU. I have two of these in my house. The last time I bought one I had to drive to three different towns because every place I went to it was sold out. They had the cheaper ROKU but I wanted to get the one with the remote finder. Just because it's more expensive than the competition doesn't mean that people wont buy it. I would say they have a great following and will have no problem holding their market share and attracting new customers. This will not flop like SNAP did after it's launch.

[Trons]

ROKU soaring.....cool :)

[SgtJBone]

I'm glad I jumped on this. It's far better than the competition. I see it beating the big boys because ROKU offers everything. The competition likes picking what's allowed on their platform. That will be their downfall as ROKU picks up more market share for offering everything on theirs.

[unit36]

$14 per share per seeking alpha.

[OTC_Buyer]

Tomorrow ... thanks!

[unit36]

Pricing is expected to come out on 9/28.

[OTC_Buyer]

Did they IPO yet?!?