RBLX
Disclaimer - I'm never selling my 1 share haha, I bought it for my nephew in its IPO for his Birthday. Personally, I usually trade penny stocks and below 20.00. I picked this one because it has taught me more than a lot of my usual trades.
The first thing it taught me, was thesis building. I knew about this stock because every time I would visit my sister in the past years, all my nephew was doing was gathering on facetime and playing Roblox with kids at his school. Then I started to play with him and actually saw how many kids were hooked on this and not just hooked but they would print and sell their own characters among each other. It was just a new world.
The second thing it taught me to watch IPO for a Dip if I'm wanted to get in long or on a strong reverse.
The third thing it's teaching me is what is a bigger outlook and thesis for it? With the Metaverse news, is there anything that can happen with Roblox?
Right now I'm watching to see how it reacts to my drawings for its decision on what it wants to do.
Disclaimer - I'm never selling my 1 share haha, I bought it for my nephew in its IPO for his Birthday. Personally, I usually trade penny stocks and below 20.00. I picked this one because it has taught me more than a lot of my usual trades.
The first thing it taught me, was thesis building. I knew about this stock because every time I would visit my sister in the past years, all my nephew was doing was gathering on facetime and playing Roblox with kids at his school. Then I started to play with him and actually saw how many kids were hooked on this and not just hooked but they would print and sell their own characters among each other. It was just a new world.
The second thing it taught me to watch IPO for a Dip if I'm wanted to get in long or on a strong reverse.
The third thing it's teaching me is what is a bigger outlook and thesis for it? With the Metaverse news, is there anything that can happen with Roblox?
Right now I'm watching to see how it reacts to my drawings for its decision on what it wants to do.
