Roku: Congrats On A Big IPO Day One - What's Next?
Trader's Idea Flow posted our ROKU IPO trading plan prior to the IPO's debut on Thursday 9/28/17. Now comes day two of the IPO trading plan.
Day one of a hot IPO is usually the easiest part. Buy the first dip out of the IPO gate and then hold on tightly while that bronco bucks.
Day two can get a little dicey. Fortunately, we have a few factors in our favor that might help us to trade higher on day two of the ROKU IPO.
So we are well done but only just begun on our game plan for this long to short trade for the ROKU IPO. Let's discuss what might come next.
This idea was discussed in more depth with members of my private investing community, Trader's Idea Flow.
There have been several valuable articles discussing Roku (NASDAQ: ROKU) on Seeking Alpha prior to the Thursday 9/28/17 IPO. These articles have done a great job on bringing perspective on the business fundamentals and financials. Here is a link to the Roku S-1. Rather than rehash similar information in this article, we hope to bring value from a different perspective:
As a trading-oriented contributor and Marketplace service Trader's Idea Flow seeks to bring a shorter term perspective that has value for investors and traders who are interested in near-term price action. This makes our perspective and service somewhat unique on Seeking Alpha as most contributors bring a longer term perspective. The value here might be the combination of both a longer term and a shorter term perspective, which can be useful for your short-term trading or also for getting specific when picking long term entry/exit points.
We also will bring some discussion of our successful experience trading three tech IPOs thus far in 2017. We will share some tips that you may find useful in your own trading on the current Roku IPO trade that is now underway or on future IPO trading. Snap (NASDAQ: SNAP), Redfin (NASDAQ: RDFN), and now Roku have each been successful, short-term, tech IPO trades to the long side for us in 2017. Additionally, we were able to also successfully flip the Snap and Redfin trades to the short side after taking profits on our long positions. We provide links to the time/date stamped articles that we wrote at the time of these trades for verification purposes.
We also preview what we will be looking for to identify an exit point from our current Roku long position. The same sell signal that identifies our exit point from our long position also will identify our entry point for our anticipated short position.
Briefly, we also want to touch upon the macros that we believe are driving this Roku IPOs demand. Again, we don't want to rehash the good information already provided in other articles but we do want to identify a few of the drivers for this IPO that are relevant to your trading calls. Let's get started with a brief discussion of these macro fundamentals first:
soursces:https://seekingalpha.com/article/4110690-roku-congrats-big-ipo-day-one-next
Day one of a hot IPO is usually the easiest part. Buy the first dip out of the IPO gate and then hold on tightly while that bronco bucks.
Day two can get a little dicey. Fortunately, we have a few factors in our favor that might help us to trade higher on day two of the ROKU IPO.
So we are well done but only just begun on our game plan for this long to short trade for the ROKU IPO. Let's discuss what might come next.
This idea was discussed in more depth with members of my private investing community, Trader's Idea Flow.
There have been several valuable articles discussing Roku (NASDAQ: ROKU) on Seeking Alpha prior to the Thursday 9/28/17 IPO. These articles have done a great job on bringing perspective on the business fundamentals and financials. Here is a link to the Roku S-1. Rather than rehash similar information in this article, we hope to bring value from a different perspective:
As a trading-oriented contributor and Marketplace service Trader's Idea Flow seeks to bring a shorter term perspective that has value for investors and traders who are interested in near-term price action. This makes our perspective and service somewhat unique on Seeking Alpha as most contributors bring a longer term perspective. The value here might be the combination of both a longer term and a shorter term perspective, which can be useful for your short-term trading or also for getting specific when picking long term entry/exit points.
We also will bring some discussion of our successful experience trading three tech IPOs thus far in 2017. We will share some tips that you may find useful in your own trading on the current Roku IPO trade that is now underway or on future IPO trading. Snap (NASDAQ: SNAP), Redfin (NASDAQ: RDFN), and now Roku have each been successful, short-term, tech IPO trades to the long side for us in 2017. Additionally, we were able to also successfully flip the Snap and Redfin trades to the short side after taking profits on our long positions. We provide links to the time/date stamped articles that we wrote at the time of these trades for verification purposes.
We also preview what we will be looking for to identify an exit point from our current Roku long position. The same sell signal that identifies our exit point from our long position also will identify our entry point for our anticipated short position.
Briefly, we also want to touch upon the macros that we believe are driving this Roku IPOs demand. Again, we don't want to rehash the good information already provided in other articles but we do want to identify a few of the drivers for this IPO that are relevant to your trading calls. Let's get started with a brief discussion of these macro fundamentals first:
soursces:https://seekingalpha.com/article/4110690-roku-congrats-big-ipo-day-one-next
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