Why ROKU?

[frontrangeflyer 11]

I've included ROKU on my watchlist the last 3 days because Andrew added it to his list. And I've been green on the sim every day, with ROKU posting outsized gains for me.

My question is: Why is Andrew including ROKU on his list almost every day if it's not showing up on the Trade-Ideas scanner and there's no "obvious" catalyst?

I saw news about Roku's European expansion and the Apple TV app, but that's a few days old.

Is it because Andrew considers ROKU a "tried and true" high volatility stock to trade in case nothing else is interesting? If so, what other stocks fall in that category? NFLX, TSLA, BABA?

Thanks!

[TommyK667 10]

On 10/18/2019 at 9:19 PM, frontrangeflyer said:

 

Is it because Andrew considers ROKU a "tried and true" high volatility stock to trade

Yup this. And it has been so strong for so long so always keeping an eye out for it. Kind of like our good friend AMD and MU in this room (lately not so much).

[ecadaret 14]

ROKU has been in play since moving past $110 because for a few days, there was a news catalyst for the stock that drove some nice short squeeze and intense buying activity.