Boiler Room: The Official Stock Market Discussion

GoldenGlove

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Roblox
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I'm a lil salty tho cause I was waiting for it to drop lower so I could buy more with it closer to my cost basis
 

GoldenGlove

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Back in March...

The only negative I see is how much they have to pay Apple and Google to be on their stores.

Everything else that Roblox has built is exactly what you should want in company to invest in IMO. This company is going to grow with our kids. It's basically a gaming and social media platform, it pays the developers well already, so they have a huge incentive to continue making quality games/experiences on the platform.

I also spoke on this in the previous pages, but they are not losing money. They don't list the bread that they make off of Robux as revenue on their balance sheet. I'm going to watch it and probably buy some early, because I see this being like AirBnB and DoorDash, there probably will be a pullback early on, but then it's going to rise up and be no where near the IPO price it drops at.

Roblox is the present and future of social media and gaming for pre-teens and teenagers. Yes, it sucks that it wasn't $45 when it dropped but people will be looking at the price in a year, 5 years, 10 years from now and asking themselves why didn't I just get in sooner.

When I say social media, I'm looking at the virtual world and platform aspect. Roblox isn't just another app or game, it's a platform where people will be creating experiences. People will continue to use traditional social media apps and sites, this is a new player in that space with a much younger audience.

YouTube is social media and a platform for video content creators. I see Roblox as being a new social media network class which is also a platform for game and experience creators. That's where we're headed imo

Now with the metaverse coming and Facebook and Microsoft and others heavily investing in their versions of this, just confirms to me that Roblox is something that will continue to grow for years
 
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