$140?
Well I just sold to free up some cash so it should turn any minute now.Aggie_2463 said:
HEAR took a sharp turn down almost 6%... I actually sold this morning at a small loss to free up some cash, and right after that it dropped quick. Usually it spikes after I sell.
Quote:
Roku's International Growth Will Soar, Like Netflix, Analyst Says -- Barrons.com
11:47 am ET August 27, 2019 (Dow Jones) Print
By Tae Kim
Roku's user-account base will more than double by 2025 from its overseas expansion, predicts William Blair analyst Ralph Schackart.
The back story. Roku stock (ticker: ROKU) has risen about 380% this year, with the company reporting impressive user growth and earnings. The Nasdaq Composite is up 19% over the same period.
Roku sells video-streaming hardware and licenses its operating system to TV makers, which enables consumers to watch content streamed over the internet.
What's new. On Tuesday, Schackart reaffirmed his Outperform rating for Roku shares, citing optimism over its international growth prospects. "Roku will experience similar phased stages of international growth as Netflix [NFLX] did during its international expansion," he wrote.
Roku shares were up 2.8% to $147.02 near midday Tuesday.
The analyst predicts Roku's active-accounts base will rise to more than 80 million by 2025 from the current 30.5 million. He also forecasts annual revenue per user will reach $58 by 2025 from the roughly $20 today.
Looking ahead. Schackart doesn't have an official price target for Roku stock, but said the shares had "100%-plus stock upside potential" through 2024.
Last week, Barron's said Roku's scale is driving a virtuous cycle. The company's account data allow advertisers to more-effectively target their campaigns. The rising ad revenue allows Roku to provide more free ad-supported video content, leading to more viewers.
Bonfire1996 said:
It is increasingly clear that the FED hates pro growth, Republican presidents.
Yes, I think so (mostly based on what I've read). Lots of manipulation to keep this whole thing afloat.boyz05 said:
Any good rational as to why the markets have gone up steadily after Friday and weekend's debacle? Just isn't making any sense to me. Is it algo driven?
I'm not in DBX but I don't believe it will go back to $22 before 9/20 unless some major news announcement comes out. I'd direct a post to OA because I believe he's in it and his trading acumen dwarfs mine.chubbs07 said:
Just curious as to if of the technical guys in the group think that DBX will be able to climb back up, or spike, after this drop? looking at it today and it had a large volume spike upwards of 360K.. I am in on the Sept 20 $22 C, and wondering if it still has a chance. thanks in advance to all that help and provide info ..
ROKU under some pressure this morning. I'm not as concerned about AMZN hurting ROKU as much as I was a year ago. If this brings ROKU closer to $120, I'll be buying a ticket on that train.Quote:
Amazon wants exclusives for IMDb TV - WSJ
[url=https://seekingalpha.com/symbol/AMZN][/url][url=https://seekingalpha.com/author/sa-editor-brandy-betz][/url][url=https://seekingalpha.com/news/3495065-amazon-wants-exclusives-imdb-tv-wsj#][/url]
Amazon (NASDAQ:AMZN) wants original programming for the ad-supported streaming service, which launched yesterday for mobile devices.
WSJ sources say Amazon has reached out to content suppliers for more exclusive licenses. The tech giant reportedly contacted Vice Media for "Vice News Tonight," which HBO canceled earlier this year.
Amazon has started offering some upfront license fees for exclusivity, shifting from the early model of sharing ad revenue.
The company is also exploring the possibility of creating linear channels focused on a genre or content provider, which could put competitive pressure on Roku (NASDAQ:ROKU).
120's??? I'll back up the truck if it gets to 120's. Okay, it's a very small $ truck, like hot wheels small.Prognightmare said:
ROKU under some pressure this morning. I'm not as concerned about AMZN hurting ROKU as much as I was a year ago. If this brings ROKU closer to $120, I'll be buying a ticket on that train.
That looks likely to meRagoo said:
Thoughts on the falling wedge convergence on NFLX? Going back to the original gap down a month or so ago.
Model T on COOP around $8.70Aggie_2463 said:
COOP down to $8.79
Anyone adding more? OA?
CX slowly been creeping up last few days.
Can you explain what Model T means? I have seen it discussed multiple times.oldarmy1 said:Model T on COOP around $8.70Aggie_2463 said:
COOP down to $8.79
Anyone adding more? OA?
CX slowly been creeping up last few days.
If I learned anything during the 2009 recession, it was "don't fight the Fed". The Fed played hero many times after bad news would come out, keeping the market from dropping further etc.boyz05 said:
Any good rational as to why the markets have gone up steadily after Friday and weekend's debacle? Just isn't making any sense to me. Is it algo driven?
Short version its the median price between a low at breakout upward and the high's where it hit resistance profit taking.Aggie_2463 said:Can you explain what Model T means? I have seen it discussed multiple times.oldarmy1 said:Model T on COOP around $8.70Aggie_2463 said:
COOP down to $8.79
Anyone adding more? OA?
CX slowly been creeping up last few days.
Nevermind, found an explanation a few pages back.
This flag pattern and general chart pattern is similar to what was going on last year from Oct-Nov. The only difference is the current pattern is forming above a rising 200dMA while the one last year formed below a flat to declining 200dMA and declining 50dMA that was getting ready to trend below the 200dMA.oldarmy1 said:
Capitulation swings created a flag. Which way it breaks will be a big move. Agony or ecstasy? Some say it's a bear flag, which is because it forms below trend highs. That very well may be but when it's all time highs that muddies the waters.
Still, I'd be cautious until we see a directional breakout or breakdown.