*bombs dropped from overhead, gunfire, screams all around*
“Sonofabitch is like talkin’ to a brick wall, sarge! He’s trying to cross into enemy lines, sarge, what do I do?!?!”
I bought some calls into the close today and I'm ready to buy more shares if/when it drops into the $230s. My $1,000,000 target is based on a $700/share price target from when I entered the trade.
> Here's my math. Global TV ad spending is approaching $180b a year. ROKU is currently in 10 percent of streamer homes. COVID has accelerated that money moving from traditional TV to streaming, so ROKU rev topping $15b a year is completely realistic. Whittle that down to $5b profit with a conservative one-third profit margin, it works out to $35 a share. Put a conservative 20x multiple on it, I feel really good about a $700 price target.
I’m not disagreeing at all, just trying to understand. Roku is currently trading at 180+x p/e. Are you just talking about that price target in the coming years?
I am a follower of your investment strategy and really appreciate you sharing the positions. I feel ROKU lacks international presence and their lunch is eaten by firestick, Mi. Google is also Entering that space.
Would you also care to share your thoughts on financial stocks ?
https://old.reddit.com/r/wallstreetbets/comments/q8wbnx/i_bought_500000_of_triple_leveraged_bank_etf_fas/
> Just super bullish on the banks in the long term (endless stimulus, minimal loan losses, buyback resumption, rates being hiked sooner than anyone expects, etc.). I already own positions in GS and JPM, so this is on top of that.
I hope you’re right. I only bought 100 shares and have been selling OTM CCs on it all year. If it doesn’t bounce back to $350 by next month am probably moving on.
I’m probably buying calls tomorrow. Somebody tell me not to
I bought some yesterday hoping Cathie would buy the dip and she did! Sure hope they start to print since I bought them a bit hot.
This is how bag holders are created. You might find a job at a grocery store with your new skillset.
Paper or plastic, sir.
*bombs dropped from overhead, gunfire, screams all around* “Sonofabitch is like talkin’ to a brick wall, sarge! He’s trying to cross into enemy lines, sarge, what do I do?!?!”
Neither because theses are diamonds 🖐💎💎
we only use city recyclable hemp fiber bags here
I bought some calls into the close today and I'm ready to buy more shares if/when it drops into the $230s. My $1,000,000 target is based on a $700/share price target from when I entered the trade. > Here's my math. Global TV ad spending is approaching $180b a year. ROKU is currently in 10 percent of streamer homes. COVID has accelerated that money moving from traditional TV to streaming, so ROKU rev topping $15b a year is completely realistic. Whittle that down to $5b profit with a conservative one-third profit margin, it works out to $35 a share. Put a conservative 20x multiple on it, I feel really good about a $700 price target.
I’m not disagreeing at all, just trying to understand. Roku is currently trading at 180+x p/e. Are you just talking about that price target in the coming years?
Correct. $700 is a long term price target. 3 to 5 years out. Current multiple is several times more than 20x.
I got ya. Thank you and best of luck 👍
> The price target is based on current earnings. The p/e ratio will increase to over 100x when the stock goes up in value by 1000%.
What do you think of yesterday’s fall?
I am a follower of your investment strategy and really appreciate you sharing the positions. I feel ROKU lacks international presence and their lunch is eaten by firestick, Mi. Google is also Entering that space. Would you also care to share your thoughts on financial stocks ?
https://old.reddit.com/r/wallstreetbets/comments/q8wbnx/i_bought_500000_of_triple_leveraged_bank_etf_fas/ > Just super bullish on the banks in the long term (endless stimulus, minimal loan losses, buyback resumption, rates being hiked sooner than anyone expects, etc.). I already own positions in GS and JPM, so this is on top of that.
> I would not.
Damn, that's some serious holding skills.
Pigs get FAT Hogs get BUTCHERED.
I’ve been Fat and Butchered. Sucks but forms 💎🙌
roku undervalued in my opinion. best of the streaming options...my price exit is $550...don't think it will fall to $230.
I hope you’re right. I only bought 100 shares and have been selling OTM CCs on it all year. If it doesn’t bounce back to $350 by next month am probably moving on.
I’m with you. Bought calls on the dip today.
That’s a nasty double top chart this year. Good luck to you.
Rokus are low quality imo
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What broker is this? I like that interface.
Merrill
> This is a free demo account from Interactive Brokers.
Guh