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re: Can the ROKU people Come back out now?

Posted on 11/3/22 at 9:04 am to
Posted by j1897
Member since Nov 2011
4288 posts
Posted on 11/3/22 at 9:04 am to
It's a commodity product, like what is your thesis for holding this junk company?
Posted by Triple Bogey
19th Green
Member since May 2017
6563 posts
Posted on 11/3/22 at 9:37 am to
Down 90% from the highs
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 11/3/22 at 4:17 pm to
quote:

There’s a Roku or Roku TV in just about every home in the country, so surely it will go up, right?


While the sales of the products and the licensing help, I believe one of the primary growth drivers is how well they can monetize ads, etc. And that seems to still be a challenge for ROKU.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17354 posts
Posted on 11/4/22 at 1:01 am to
Because of how widespread their product was. Seemed to make sense during covid.

Obviously I wish I would have sold.
I’m almost under now.
My avg is around $45

Was up like 60k profit.

Huge mistake. Just kept thinking it would turn back.

I missed selling a number of these covid runners
Posted by FLObserver
Jacksonville
Member since Nov 2005
15790 posts
Posted on 2/15/23 at 3:35 pm to
Bump.
Anybody else get in a few months ago? I got back in at 43.00 been climbing and today's earnings are looking good.
This post was edited on 2/15/23 at 3:38 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3460 posts
Posted on 2/15/23 at 4:17 pm to
quote:

Roku sends me emails



Shouldn't have sub'ed Mintak's channel.
Posted by slackster
Houston
Member since Mar 2009
91320 posts
Posted on 2/15/23 at 4:36 pm to
quote:

Anybody else get in a few months ago? I got back in at 43.00 been climbing and today's earnings are looking good.


Roku is dead money long term. It’s a trade, not an investment, so act accordingly.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 2/15/23 at 5:14 pm to
I wouldn’t disagree with that. While I don’t have any particular interest in an investment in the stock (or even holding it longer term if I get assigned on a short options trade), I did unload a basket of short 2/17 puts with varying strikes ahead of earnings today (high IV = fat premiums). And at least for now, that’s looking good.
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