Roblox is like crack. We barely let our kids play because it is so addicting.
FJ43 said:
SPY and Qs
Well today wasn't such a bad day.
SPY - Closed above 8 & 21 EMA for first time in 5.
QQQ regained 8 Day EMA and closed above 311.
So....what is the direction for them tomorrow?
kyledr04 said:
Also interested in RBLX but have a feeling it'll be all over the place tomorrow. I can't trade at 3am so who knows what'll happen by 6a.
Long term it feels like something good to hold onto but it might need to stabilize.
McInnis 03 said:
FYI, IPOs don't usually start trading until all the inside boys finish clearing it up so it'll likely be between 9a-11a central. I doubt premarket is happening there....maybe I'm mistaken?
Quote:
Roblox will trade Wednesday on the NYSE under the symbol RBLX. About 199 million Roblox shares will go on the market, but unlike in a traditional IPO, the company isn't raising new capital via the offering. Instead, holders will sell stock they already own.
The $45 reference price doesn't mean that is where Roblox shares will begin trading. Rather, it is meant to be a guide that informs the public of recent private trading activity, according to a person familiar with the situation.
BREwmaster said:
sorry to interrupt the roblox chat, lol...but:
another SKLZ idea, since options are pricey, can also buy an April 30 sell a 35C for 1.10, could be a 4 to 5 bagger in a month or less. Can also do March 25/30 to capture any move from here to the 19th, but costs a bit more (and a lot less time til expiration).
BREwmaster said:
he's saying own the shares at cost basis of $20 (if you sell naked puts and get assigned)...more likely though the stock runs a ton here, you pocket the premium on the sold naked puts. and hopefully you bought calls with the money from the naked put sells.
His combo idea: Buy 30C's, sell naked puts of 20P's. The money made on the naked put sales, funds the call buying. That make sense?
hahaha, check your followers on twitter OA, she might be in there.oldarmy1 said:BREwmaster said:
Cathie with almost a half milly share buy on SKLZ today
Ok now this is just getting creepy!!!
maybe b/c covid was a big boost to it's sales and with that ending their sales should taper off a bit.agdaddy04 said:
I wonder why she keeps selling Amazon?
agdaddy04 said:
I wonder why she keeps selling Amazon?
oldarmy1 said:BREwmaster said:
Cathie with almost a half milly share buy on SKLZ today
Ok now this is just getting creepy!!!
McInnis 03 said:
I shopped it.