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Forum - Wall Street Pit (Roku, Inc. - ROKU)    Stock Due Diligence for All

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From: luvb2b (Rep: 2080) reply to ninjaninjaDate: 02/22/2018 19:37
Forum: Wall Street Pit - Msg #2721524 - List ROKU msgs Thread #673992716 (Rec: 0)
so i went through my earnings model and their guidance. my view is they are massively sandbagging guidance. i come with q1 earnings estimates much better than they forecast. even the revenue forecast seems *impossibly* low. my guess is the crappy guidance, lack of analyst coverage, newness of the company, and the upcoming lockup expiration will combine to put some pressure on the share price in coming weeks and months.

but i think i will keep my core long holding and then look for strategic addition points - especially if we can trade into the 30s again on the fear of the lockup expiry.

even the analyst estimates i reviewed were stupidly low. for example, the q4 2018 estimate of a profit is right around the profit they just reported. and excluding one timers they would have reported an even *higher* profit. the street's numbers are just way too low is what my modeling shows.

that said always manage risk... my core shares are from much lower and i have taken enough out of this stock that i am in a very good position to just hang on and then add later. your mileage may vary.

Re: had my GPRO scenario in my head. helped this time. I'm watching that $37-$38 ...

"There are those who market trades, and there are those who trade markets.

There are those who follow marketers, and those who follow markets.
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***Disclaimer & Disclosure***: I make no guarantee as to the accuracy or validity of information in this message. Messages posted reflect my own opinions and/or those of others, and are posted for entertainment purposes only. My messages should not be construed as investment advice. Always make investment decisions in consultation with your own financial advisor. Daytrading is not suitable for everyone. You trade at your own risk. Daytrading involves considerable risk and could result in significant losses, including losses in excess of invested capital. Any information posted here is meant for entertainment purposes only and should not be assumed to be accurate. It is expected that the readers of this information do their own research and due diligence when making trading or investment decisions. I may have long or short positions in any of the stocks that are mentioned, and these positions may change at any time.

Reply to ninjaninja - Msg #2721271 - 02/21/2018 16:38

had my GPRO scenario in my head. helped this time. I'm watching that $37-$38 area for retest maybe. Re: that's probably a good thing. looking back at last quarter they guided to a ...
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