5/15/25 :: VROCKSTAR :: 
RBLX
ST trade higher
- valuation is in noman's land. it's not cheap. it's not expensive. stock comp is 100% of "free cash flow". make of valuation what you want. all i'll say, is it's not "stupid" and expanding EBITDA mgns >20% and top line growth continuing to expand >20% means... 10x ev/sales isn't expensive and the chart "rules".
- while i also think mkt is getting a bit long in the tooth just from a technical perspective, i try to not read the tea leaves unless valuations are at extremes (you've seen me leg out on QQQ commentary as such in feb - on the short side, and admittedly on the way lower... but also at the absolute ST bottom. so i'm no stranger to extremes and TA).
- all that being said, the recent result was great, tbh.
- and when i read something like this:
x.com/ScroogeCap/status/1923000681801080834
"The notable acceleration in 2QTD RBLX Hours Engaged growth (+54% Y/Y through 5/11) vs. 1Q (+30% Y/Y) has primarily been organic and not comp-driven"
- i think we go into price discovery. make up a number. if market remains bid,RBLX will lead. it's just the best ST beta out there IMO in terms of consumer/software etc.
- let's see. i have it as a 10x leveraged position, but only 10 bps (so gross 1%). won't lose sleep but idea is definitely worth flagging and lmk if u see it differently
V
RBLXST trade higher
- valuation is in noman's land. it's not cheap. it's not expensive. stock comp is 100% of "free cash flow". make of valuation what you want. all i'll say, is it's not "stupid" and expanding EBITDA mgns >20% and top line growth continuing to expand >20% means... 10x ev/sales isn't expensive and the chart "rules".
- while i also think mkt is getting a bit long in the tooth just from a technical perspective, i try to not read the tea leaves unless valuations are at extremes (you've seen me leg out on QQQ commentary as such in feb - on the short side, and admittedly on the way lower... but also at the absolute ST bottom. so i'm no stranger to extremes and TA).
- all that being said, the recent result was great, tbh.
- and when i read something like this:
x.com/ScroogeCap/status/1923000681801080834
"The notable acceleration in 2QTD RBLX Hours Engaged growth (+54% Y/Y through 5/11) vs. 1Q (+30% Y/Y) has primarily been organic and not comp-driven"
- i think we go into price discovery. make up a number. if market remains bid,
RBLX will lead. it's just the best ST beta out there IMO in terms of consumer/software etc.- let's see. i have it as a 10x leveraged position, but only 10 bps (so gross 1%). won't lose sleep but idea is definitely worth flagging and lmk if u see it differently
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.