Teflon Roblox

By Tim Knight of Slope Of Hope

Thursday, December 5, 2024 10:10 PM EST

black android smartphone turned on screen

Image Source: Unsplash

I did a post yesterday about some long ideas, and one of them – Roblox (RBLX) – vaulted 8% higher on Thursday.

It’s rather striking to me, because this company has been absolutely mired in accusation and scandal for years (which perhaps explains why it’s been grinding around in a range for so long). Still, it’s a clean break away from a long range, and I expect it will keep vaulting higher.

Actually, quite a few of my goofy suggestions yesterday had a good Thursday, particularly SoundHound (SOUN):

More By This Author:

Drunk On Ripple
Eli Lilly Gap
One Gap Deserves Another

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.