We Will We Will ROK U (no more)

ROKU stock chart breaking bad

I will ROK U no more with this goofy post title. Per the trade log…

  • I just made the painful decision to pay the taxes on a 180% profit on remaining ROKU shares, which has a chart that is looking like it can go appreciably lower. I mean, I don’t want to die on that hill. The one where I win a (tax) battle but lose the war. It’s an over-valued growth stock, after all. 

I decided that I’d rather give in to the tax man than to be subject to this chart which, after a great run, is breaking bad with a move below the SMA 50. I just don’t think I can hold out until July when the shares would have gone to long-term status.

roku

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