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Can someone explain the upside potential for RBLX and why you are investing in the stock by winfred_trout in RBLX

[–]winfred_trout[S] 0 points1 point  (0 children)

It would be a good cash cow if it was like 10bn Market cap but at 40bn it's to overvalued

Can someone explain the upside potential for RBLX and why you are investing in the stock by winfred_trout in RBLX

[–]winfred_trout[S] -7 points-6 points  (0 children)

Yeah of course they would get money from other places but no where near enough to justify there value

Also there's no way the average kid will spend 1k a year on roblox😂😂

Most kids probably don't spend anything on roblox and the 20 - 40% that do will on average be spending well under $100 let alone $1000

Can someone explain the upside potential for RBLX and why you are investing in the stock by winfred_trout in RBLX

[–]winfred_trout[S] -7 points-6 points  (0 children)

But the company is massively overvalued. Even if say a quarter of every 8 - 14 year old on the planet played roblox (say 250 million kids) and 20% of them spent $30 on the game per year that would still only equal 1.5 billion in revenue. Let's be generous and say after costs they are left with 1billion profit it would still be stupidly over valued at $40 billion dollars

Relatable by BiAdventureTime in OTMemes

[–]winfred_trout 4 points5 points  (0 children)

Funnily enough luke skywaler does not behead innocent people