I will be laughing when all the analysts “correct” their ratings up and release the reins after they allowed the big boys to accumulate more. ;-) Mauwhaha
Here are the facts. The only institutions holding bought ROKU shares from .09 to .11 cents per share and at .91 per share so forget any real run ahead. The we IPO'd right after at $14.00. The analysts were being generous a couple days ago with the $25.00 PPS target. ROKU is not a profitable company and they have major competition that will crush them. They added 98 million preferred shares. Lo0ok out for all those penny stock ROKU buyers to sell their shares ahead. Shorts will be gold ahead. I have seen stocks get irrational exuberance before and watched people lose tons of money. Make sure to know the DD! JMO
Buying ROKU above $28.00 the downgrade price is insane IMO. That is a 1 year PPR target and it could go down in the months ahead! ROKU downgraded to underperform with a PPS target at $28.00. I expected this to happen. I think it will go lower than that in the weeks and months ahead. https://thefly.com/landingPageNews.php?id=2641813&headline=ROKU-Roku-rating-change- .