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Wow, look at the trade tab. Pouring in still..... I was expecting a pullback too but you cant argue with the tons of green trades coming in.
You wont see them....
But millions of tvs are not smart tvs or dont have a game system attached. Those people have the cheapest option to get Hulu and Netflix by buying a Roku. This is what I mean. Its not competing with them. People dont get it. Your kids would probably like the hulu and netflix interface on the Roku better. Plus alot of smart tvs have outdated versions, bad wireless, and dont update firmware. My grandma isnt gonna own a ps3 or a smart tv but she wants Netflix. I get this has allready passed techies. But all techies had netflix when it was 20 a share. Its about mainstream support and the holiday season will sell the chit out of this thing.
My only back of the head thought is that half these analysts honestly dont understand the product. It gets compared to youtube and other streaming services and not platforms. Its a tv operating system and with the Phillips contract today and the mainstream consumer holiday support this will see I know q4 will be positive. As you said, its just getting through an obvious recorrection.
We are fine here folks. Best thing you can do is turn a friend onto the stock. She just needs a little volume. Fundamentals and revenue are key to a stock and they are all good here. Ihub is full of lottery ticket buyers. We know the odds on that.
I appreciate your comments. I know your history. Im on house money at this point anyways. I do suspect there is alot of foreign money coming into this and that sometimes can outlast all expectations. Three days in a row in this sector is really a gem and so strong today too. I did unload a good portion at 42.50 but was holding from 19.
There will be a slight pullback at some point, but for today i think the hype and chasers just may take it even higher during power hour.
Yep.....look at Netflix at almost $200. Well it used to be 18 bucks too at one time. And they have crazy debt right now. These guys have very little overhead and are not trying to make content. The things cost very little to make and it will get better. Thats why they can knock 20 off like black friday weekend. They dont care, all about getting the consumers and revenue comes from the ads.
Love it when we all do great!
Good Lawd!! Just keeps going. Im thinking there is foreign support coming in and all bets are off when that happens.
We might see 40. At 10:15 green trades poured in.
They are a big hit mainstream item this year. Just announced sale for black friday will make even more fly off the shelves. Its the perfect price point to cover all kinds of classes of consumers holiday shopping now too. You dont buy near as many $40 gifts as you do $20 gifts and now its in that range for the stick on black friday weekend.
It hit a 7.2% bump there for a min
Yes it is!! I brought some Roku winnings over here Friday morning, but only a little more since its still knocking it out of the park today.
Very strong growth today! Even with profit taking she regains very fast.
Watching a new show on TBD channel with Wil Wheaton playing board games with celebrity guests. Show is called Tabletop. They are playing Legendary this week but each week is a different game. Just another example of the board gaming trend and a possible outlet to get a game mentioned or I could even see them filming an episode at an S&L location.
I was in line today at Best Buy and there were six people in line. Four had a Roku in their hands. That pretty much tells you all you need to know for Q4 folks.
Green trades are still pouring in!!
I hope everyone sees that this is the future of tv. Remember when netflix stock was like 10 bucks? This is just now scratching the surface of mainstream. Hold this one, or at least hold the house money.
Its running as soon as the closing bell hit.
Id be ecstatic! Ive loaded the boat and cost averaged down to 19.08.
Im tempted to bring some more cash over but got alot wrapped up today cost averaging Roku at lowest since ipo today before earnings tnite.
I was just going to say, someone got some great buys! The company wont let this go below a 1.00.
Ugggh, someone wasnt keen on the news. Still holding.
I think earnings should be good this week. Roku channel launched, international launches happened, and really gaining mainstream attention in US. It was mostly 20somes and techies that owned these so far. Now starting to be bought by families, travelers, and cord cutters. Exactly the same way the first five years of netflix streaming went.
Little discouraged with last few days of trading but still patient. I understand shorts dropping due to nil action since the pop and we should be consolidated pretty good by now.
Give me a break man, check a Forbes list. The information around here has gotten ridiculous.
Loading more. Anything under $20 will set you up for fins and holiday season.
Grrrr, alot of back and forth. Would love to go into power hour above 3% and push from there.
November is never that great to me in the markets but I am optimistic with this one.
Really looking for a late friday pop today!
Ha, thanks! The story is I had a small hold before the crash in the $2 range in my Robinhood account. After the crash I knew they had too much cash to fold and Susan didnt sell a single share so I took a large position in my Roth in the .30's. All coming together now.
Would love to see a PR before EOD. Feel like no one has seen the merger news since no PR.
Hoping for big volume tomorrow with the news. Im locked and ready.
Merger news just dropped....
11k sell was what punched it in the gut before 10, seeing a reversal
We should see a late push. The buying is still very strong. I feel like there are still flippers from the big jump still jumping ship with profits. Fine with me, Im holding til merger at least.
Im still loading. I had a cost average of .39 but im buying a few more. As long as I dont see officers selling shares, im confident this will see 2.00 plus by Feb.
Alot of folks still dont understand what it is or the opportunities out there once it really gets known. The international launches just happened too. This is why I would love to see more Roku commercials on mainstream tv but still think this is undervalued at these prices.