Roblox: Is the Latest IPO Darling Still a Buy?

 
April 13, 2021
 
I'm About To Expose an Insane Truth
Very few people know this but Wall Street has been telling everyday folks outright lies for decades…

Never giving away the real edge they have over everyone else… or revealing how they've beaten the stock market year after year.

But WealthPress Senior Strategist Roger Scott is finally exposing the truth…

He's revealing the trading strategy that he's been using to beat Wall Street for nearly 10 years straight, and how everyday traders can turn their tricks against them.

And it's all tied back to these hidden "14-day windows" where certain stocks tend to explode...
Get the Real Facts
 
Roblox: Is the Latest
IPO Darling Still a Buy?
Calling all traders and degenerates! Let's talk about the hype surrounding online gaming platform Roblox, and whether it's still a buy

This recent initial public offering (IPO) name just received analyst upgrades from pretty much every large investment bank out there.

Now, before we address what this means moving forward, let's break down Roblox's IPO process…

The stock opened for trading on March 10 with a listing price of $45 per share. But by midday, the stock had leapt over 50% and ended up closing at $69.50.

At last glance, Roblox was up over 6% on the week and trading right around $73 a share as of Friday morning.

So now that the stock has all this bullish analyst coverage, you may be wondering…
Is It Still a Buy?
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Buy It or Burn It: Will the Nasdaq 100 Outperform the Russell 2000 in April…?
Guys, I think it's time for another "Buy It or Burn It" segment.

Whenever I do a video like this, I try to show you stocks that play into one of the services I have… That way you know exactly what to expect should you decide to join us.

Money Links is a trading style I've developed that allows people to remain market neutral at all times.

And after reviewing a couple of the pairs trades I'm in right now, I've decided to buy the Invesco QQQ Trust ETF and burn the iShares Russell 2000 IWM ETF.

And after looking at my charts, I think you'll quickly realize why...
Here's My Analysis
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Rick M.



The Strike Price is the price at which a derivative can be exercised, and refers to the price of the derivative's underlying asset.  In a call option, the strike price is the price at which the option holder can purchase the underlying security.  For a put option, the strike price is the price at which the option holder can sell the underlying security.
 
 
 
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Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
 
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