I like the business model and momentum that Roblox demonstrates and for that reason I am tempted to place a 10% portfolio stake and hold.
My only hesitancy is that I tend to avoid stocks that are so heavily weighted on future value (26x).... so despite my admiration for the business model- I would be working against one of my own rules!
After the recent IPO, there is a thought that the price will pull back as part of the cool off, which may be contingent on what they announce on Monday.
Has anyone had a look at this one?
