Roku, PTON, AI, TDOC, LMND stock to dumpster. I am glad it's happening.
I never understood why market gave so much importance to trash companies such as Roku, Peloton, C3AI in 2021 ? Most of these companies feels like another version of AMC and GME like pump n dump scheme highly backed by Cathie Wood and ARK. Take an example of ROKU. This company has been in business for almost two decades but their top line and bottom line is really bad. There is practically zero innovation and yet market gave them $50B+ valuation at one time. This company should have never crossed $5B valuation. Another one is C3AI. I never understood why stock was trading at $100+ just on bells and whistles of future promises. ARKK is full of crap except Tesla. Every holding of ARK ETF is trash and getting valuation reset. I am glad this is happening. This drawdown literally exposing who is swimming naked. I won't be surprised if Roku gets acquired at $50/stock (being generous here) in near future. Pinterest getting acquired at $20/stock and Lemonade getting acquired in a fire sale. My TC : I have FAANG heavy portfolio so I am happy 😊
Are you the same google guy that shit talks about Roku on every other post?
Why isn't Microsoft in the FAANG ?
Don't sleep on peloton, I bought on the dip. Their customers really love the product. Obsessively love the product much like apple and Tesla fanboys. Their monthly subscription count just keeps climbing and their haven't really monitized their brand as much as they can.
I don’t get the LMND dip, they have a good future it seems
Lol genius investor in FAANG. It’s worked so far but doesn’t mean you know anything. I own a lot of Roku products (no stock though) and love them all. They make good stuff and their stock reflects that.
some googler keeps going around bashing Roku
I love ROKU as a product. Maybe the stock valuation was high, but their products are pretty good.
roku is fine. is a money maker long term. buy low, sell high, not the other way.
Peloton just had an awesome black friday deal, lets see the numbers that come out from it.
$COIN will make its way to FAANG status, you will see
I like $COIN. It's a good stock.
We'll see. There is a new kid on the Block :)