roku

We will we will ROK U

I have already reluctantly trimmed this position once and it has grown in size again to be the 4th largest equity position (behind 3 favored gold stocks) in the account in which it’s held. Due entirely to not wanting to pay more capital gains taxes I have let it grow itself back and that enforced discipline has not allowed me out-think myself.

Roku pleasured the market by unexpectedly going profitable this past quarter. At least according to Fidelity’s logging of analyst estimates.

roku

The chart is tacking on another 9% to make it an 85% gainer to this point. The buy was on July 7 as a man stared at the chart, its potential to change trend, and acted.

I don’t even use this gadget. We have Amazon Prime, which I don’t use all that much either.

roku

Unsurprisingly enough, analysts are falling all over themselves to upgrade the thing. Ha ha ha, even the ‘sell’ guy at the bottom raised his target.

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