Replies to post #639 on Roku Inc (ROKU)

[cjstocksup]

Where is the ROKU downgrade? Link please. I knew that if the funds got to buy the institutional holdings for pennies there was a big problem even with the $14.00 IPO that is why there were so many shorts on this one from the start IMO. I think the $25.00 PPS target for next year set just days ago was too generous based on all of this.

ROKU just downgraded... ouch....We all knew this. 30’s coming.

[cjstocksup]

This is why I think ROKU will go below $20.00 again ahead on the charts. Not in a day or 2 unless some really bad news hit's and that could happen due to these facts.
Menlo Ventures is the company's biggest stakeholder, owning nearly 31 percent of its stock. It got involved after Roku was spun out of Netflix, buying Series C shares at between 9 cents and 11 cents a share, according to PitchBook Data. That works out to a return of between 388-fold and 474-fold for that round.

Fidelity is the second biggest investor, with a 14 percent stake. It got in on the company's Series F round, when shares sold for 91 cents each, according to PitchBook. That's a nearly 47-fold return on the round.