March 6, 20214 yr 3 minutes ago, 52-80 said: you must not read the Financial Times. Had a feeling he was behind this.
March 6, 20214 yr Had a feeling he was behind this.No, but that story led to us asking Snacks what the latest Financial Times was saying. Gray slacks is a whole different story that is Slacks', I mean Snacks', to tell.
March 9, 20214 yr Calling my shot now. Put your life savings into ROBLOX tomorrow when markets open. Double your money and get out. Or 10x your money over the years as the ROBLOX virus eats the brains from the outside-in, of all children ages 2-12 years old. YEET! REEEEBLOX!!! OOOOof https://www.thestreet.com/investing/roblox-rblx-initial-public-offering-ipo-wednesday Edited March 9, 20214 yr by DonkeyCigars
March 10, 20214 yr 4 minutes ago, 52-80 said: limit order to buy rblx at $69/share mine is at $39. yours will probably fill before mine....
March 10, 20214 yr 8 minutes ago, WithoutAClue said: mine is at $39. yours will probably fill before mine.... They moved the ball this morning, $65-$70 now.
March 10, 20214 yr I bought some Bumble the day of their IPO and should have waited. I think I will wait on RBLX.
March 10, 20214 yr Yea I mean most IPOs for me are buy at open and sell within 15 minutes and then buy again a few days later if I actually like the stock
March 10, 20214 yr It's moved up to $75. It's getting too rich for my blood. $75 is about my limit (per CNBC)
March 10, 20214 yr 1 minute ago, Hank_Hill said: Yea I mean most IPOs for me are buy at open and sell within 15 minutes and then buy again a few days later if I actually like the stock Everyone is on this play and wants to scalp the stock, hence the hype and run-up to opening. Just put an order in and set a max price and see if I get it or not is my strategy. It's so goofy. Edited March 10, 20214 yr by DonkeyCigars
March 10, 20214 yr Yeah, I have my price in. I adjusted up. If it goes up further, do not care. I got shafted on AirBnB (I really wanted in on that too), so we shall see.
March 10, 20214 yr Just now, PenelopeWitherspoon said: Yeah, I have my price in. I adjusted up. If it goes up further, do not care. I got shafted on AirBnB (I really wanted in on that too), so we shall see. It's still a long term buy at this price. Just added some in the ROTH.
March 10, 20214 yr 16 minutes ago, DonkeyCigars said: It's moved up to $75. It's getting too rich for my blood. $75 is about my limit (per CNBC) so $50 billion valuation on a company that loses money?
March 10, 20214 yr 28 minutes ago, BradInATX said: so $50 billion valuation on a company that loses money? why are people obsessed with profit as a measure of valuation for start-ups, pre-public or newly public organizations? Is it a lack of understanding the broader business case and ecosystem and applications? Or is it an old modality; an older way of thinking of how things ought to or should work? Edited March 10, 20214 yr by DonkeyCigars
March 10, 20214 yr The Roblox economy is interesting. https://gizmodo.com/the-roblox-boom-is-about-to-meet-reality-1846446750
March 10, 20214 yr Also, for people like Brad who can’t be bothered to dig into a business model and can only reflectively knee jerk with middle school level knowledge of business: The company monetizes by selling Robux to players for an average price of $0.01 (prices paid by users vary based on how many they buy at a time; the lowest prices are only obtainable with a subscription). All Robux sold on iOS or Android have to give 30% of revenue to Apple and Google, respectively. Players use Robux to pay developers for games or in-app experiences, of which developers keep 70%, and creators for avatar accessories, of which creators keep 30%. However, given that Roblox is the market maker for Robux, the only way for developers and creators to cash out is to sell their Robux to Roblox for $0.0035; in other words, Robux also makes money with a pretty large bid/ask spread. Those developer exchange fees are realized immediately, but revenue is only recognized over 23 months; that means that that 36% number overstates Roblox’s payouts by a lot. This also helps explain why Roblox’s cash flow is positive even as it is reporting big losses (the fact it gets paid for Robux’s immediately, and only pays out to developers later, is an important factor as well). Edited March 10, 20214 yr by DonkeyCigars
March 10, 20214 yr 13 minutes ago, 52-80 said: the YoY rev growth on rblox is nuts Pandemic Parenting Platform (babysitter) No judgment on the practice or the platform. My kids all played on the platform when younger. Edited March 10, 20214 yr by washparkhorn
March 10, 20214 yr 52 minutes ago, DonkeyCigars said: why are people obsessed with profit as a measure of valuation for start-ups, pre-public or newly public organizations? Is it a lack of understanding the broader business case and ecosystem and applications? Or is it an old modality; an older way of thinking of how things ought to or should work? Settle down there Roblox CEO guy, it was a passing joke.
March 10, 20214 yr Just now, BradInATX said: Settle down there Roblox CEO guy, it was a passing joke. Well it twerent funny! How big an ole boy are ye anyway? Ever had a country butt whoopin?
March 10, 20214 yr Stock market is doing enough of that lately. Have you been able to actually buy any yet? Still unavailable on my brokerages.
March 10, 20214 yr Alright, I'm in Roblonks for $70.25 with a limit sell at $90 of part of it, keeping some on the table. Let's fuckin go. Do your thing, Reddit. Edited March 10, 20214 yr by BradInATX
March 10, 20214 yr 1 minute ago, 52-80 said: im taking gains at 75, 80, and ride the remainder Out at $70 or $75, whichever comes first. $75 will cover all my penny stock money I gave up by not selling some things a few weeks ago, so pulling for it.
March 10, 20214 yr It's like the birth of a baby. good luck gamers You can tell the kids they own the roblox company now if you have diamond hands. Edited March 10, 20214 yr by washparkhorn
March 10, 20214 yr lots of people taking profits at 74, and then 72. chart flattens like a pancake when it hits precisely those values. thats fine i can diamond hand for a while longer
March 10, 20214 yr 8 minutes ago, Hank_Hill said: Yea pretty uneventful IPO compared to some others I felt that was the risk, when they tabled the traditional underwritten IPO last year for a direct listing with a better baked in value to price ratio. They didn't want to leave any money on the table and it's smart, but a bummer.
March 10, 20214 yr 25 minutes ago, 52-80 said: lots of people taking profits at 74, and then 72. chart flattens like a pancake when it hits precisely those values. thats fine i can diamond hand for a while longer 15% or so return in an hour or less, me and my paper hands bailed when it started bouncing around.
March 10, 20214 yr I chumped out, didn't like the general momentum or feel. In at 70.25, out at 71.25.
March 11, 20214 yr ran up to almost 90 in early premarket. broker where i hold rblx only gives me access to 1 hour before open though
March 11, 20214 yr 13 minutes ago, 52-80 said: ran up to almost 90 in early premarket. broker where i hold rblx only gives me access to 1 hour before open though Dang I didn’t see that. Saw it touch $78 and rubbed my sons face in the fact I’ve profited $2k in one day and he and his dumb friends haven’t made hardly any money on their “studio” and “games” they created and their YouTube channel promoting it, in months. Edited March 11, 20214 yr by DonkeyCigars
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