Why this matters

June 26th, 2020 Options Trading Strategies Guide This FREE strategy guide breaks down 11 specific options methods for a total game plan in any market condition! Register now Last week, gaming company Roblox announced that they have confidentially filed with the Security and Exchange Commission to go public. Founded in 2004, the company offers free-to-play games on mobile devices and game consoles. The company makes their money by selling their own currency, called Robux, so that users can spend that currency on Roblox's premium features. The company did not disclose the it's financial information or how many shares they will be selling, but in late February, Roblox was privately valued at $4 Billion dollars. However, experts have said that the company is expecting the stock listing to double its value. Why This Matters In any other timeline, Roblox would be a normal gaming company going public. In this timeline, however, Roblox's filing matters a little bit more. We live in a time where more people are opting to stay home and as a result, Roblox has seen a boost in their subscribers. With Covid cases forecasted to rise over the winter, more people are likely to stay home this holiday season and look for activities that can be done at home. That, paired with the fact that game consoles will be one of the most popular gifts this holiday season, means that Roblox is likely prepping for another rise in subscribers before the year ends. Now, that doesn't go to say start saving money for Roblox stock now, but you should definitely keep an eye on the news for gaming stocks like Roblox. Roblox hasn't announced when their stock will go public, but when it does, we'll let you know! Tips4Traders For more awesome tips, news and information, visit our site...Register now This email is a paid advertisement. It is for a product or service that is not offered, recommended or endorsed by Tips4Traders.com and neither the company nor its affiliates bear responsibility or control over the content of the advertisement and the product or service offered. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Tips4Traders.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. By downloading this book your information may be shared with our educational partners. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of Tips4Traders.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

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