Buying Roblox after hearing @sidnistandard's pitch last night at 'The Market' game. Looking forward to posting the recap video so the rest of you can see it!

Hat tip to Sam Stribling @strib for being the first to buy $RBLX after Sidni's pitch!
Michael Panebianco's avatar
I saw @strib's post and now yours. Would be good to see the fundamental case for it as it's about to break a key resistance level and there a few technical buying signals - would be a great first example to follow on from our call yesterday.
Nathan Worden's avatar
@tecantra Love it! I'll be posting Sidni's pitch later today, but I'll also let her chime in if she wants to give the overview herself.

@sidnistandard — Michael does technical analysis and he, @gkotak and I have been talking about combining perspectives to get an idea of optimal technical entry points for stocks we like the fundamentals of. (This is something @strib has mentioned in previous memos too)

@sidnistandard if you want to give your investment case for $RBLX to @tecantra, that'd be great context for him as he takes a look at the technicals.

{Investors.... Assemble!}
Aquiba Benarroch, CFA's avatar
@nathanworden looking forward to that $RBLX pitch!

So much good stuff, sad I missed it!

And building optimal TA entry points would be a great overlay to a fundamental thesis. How are you guys looking to building this?
Sidni Standard's avatar
Technical entry points are something I'd need to be educated on, but for now, I'm DCAing myself into a nice position
sam stribling's avatar
@sidnistandard look into Bolinger Bands that and the MACD (moving average convergence divergence) are great for this type of thing! They are not as confusing/scary once you get used to how they look. Message me if you have questions on them!
Sidni Standard's avatar
@strib I definitely will!! Thank you and when I have questions I’ll be sure to reach out 👌🏾
Nathan Worden's avatar
@aquiba mostly by doing Zoom meetups to jam on ideas and then posting takeaways in memos on Commonstock to share what we learned from each other :)
Michael Panebianco's avatar
Thank you @sidnistandard. Will take a look and see if I can add any value.
Ryan Mahony's avatar
$RBLX bookings continues to impress. All my kids allowance money goes to Roblox, so I need to own the stock as an offset. 😂
Nathan Worden's avatar
@ryanm that’s hilarious-

What are they buying specifically on Roblox? Do you have screen shots of the digital goods / gameplay that they are paying for? Very interested in this!
Ryan Mahony's avatar
2 premium subscriptions for $9.99 per month and then I spend about $30 per week if they do good in school so they buy Robux to upgrade their avatars or buy virtual goods. My son just said he met a new friend in school today so they connected on Roblox during a break and my son gave him some Roblox since his friend was running low.
Ryan Mahony's avatar
It’s a social connection platform and every year a new generation of kids begins to play because that is where there friends are and so you have content creators and artists / brands all looking to reach this audience.
Nathan Worden's avatar
@ryanm that. Is. Fascinating.

What a world 🤯🤩😮
Investor from Nepal 🎄's avatar
Looking forward to look the recap video.
Matt wolodarsky (aka The Wealthy Owl)'s avatar
Great video. I'm long $RBLX, bot more today after reading some of the desperate posts from their users during outage...bullish on the stock, bearish on humanity
Nathan Worden's avatar
@matt what were some of the things Roblox users were saying? I heard about the outage but didn’t catch any of the comments.

It’s a common user feedback question to ask “How would you feel if this service disappeared?”… now we have a real life scenario where that actually happened.
Matt wolodarsky (aka The Wealthy Owl)'s avatar
Basically, armageddon is coming. Today, msft talked about the metaverse at their annual conference. Its possible a metaverse bubble will form
Nathan Worden's avatar
@matt ‘The Metaverse’ is shaping up to surpass 'in the cloud' as a buzzword.

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