Roblox Corp. Class A (RBLX)

32.06
0.91 2.80
NYSE
Prev Close 32.97
Open 32.23
Day Low/High 31.43 / 36.43
52 Wk Low/High 21.65 / 141.60
Volume 68.42M
Exchange NYSE
Shares Outstanding 591.98B
Market Cap 16.92B
Div & Yield N.A. (N.A)

With no bottom in sight, traders and investors should avoid the long side of the online gaming platform.

For now, any rebound is a short-term trading opportunity and nothing more.

The unevenness of this corrective action combined with multiple contraction in growth stocks is making it harder for upside to develop.

Though only a little over four months into the year, My 15 Surprises for 2022 are well on its way of being the most prescient of any in the last 20 plus years of doing my List. Here are two of my Surprises that are especially relevant today:  Surpri...

For over a year I have been vehemently warning about the risks associated with speculative stocks and gewgaws.

* When both equities and bonds are correlated in price (and move lower in tandem) markets are exposed and, as we have seen recently, vulnerable to wholesale liquidation across all asset classes * A vicious cycle of lower prices, redemptions and liqu...

* The market (and money) never sleeps -- and neither do I, it appears! * It was one of the quietest overnight futures sessions in a long while, following one of the worst regular trading action days on Thursday "Workin' on our night moves Trying to ...

Putting on a trading rental in at $49.22 (again!). I'm also covering some $31.22 and $104.39.

TINA (there is no alternative) is dateless, but her popular cousin CITA (cash is the alternative) is enjoying the prom.

* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom * However, investing is about looking forward and not backwards. * Some factors are beginning to suggest that a tradable ra...

Goldman Sachs downgrades Roblox .

Management signals risks are overdone -- and Wall Street takes note.

Sometimes the fundamental story and the technical story are on the same page. Sometimes not.

* Randy Newman sang it best...  Short people got no reason Short people got no reason Short people got no reason To live They got little hands And little eyes And they walk around Tellin' great big lies They got little noses And tiny little teeth Th...

We got a rally as we should have, but it was heavily concentrated in the index movers, which means breadth was terrible. Let's look under the hood to find out why this is still a trading market.

It is also interesting to note that on Thursday my portfolio of shorts (Sleep Number , Digital World Acquisition , Starbucks , C3Ai , Lightspeed , Carvana , Robinhood , Roblox , F45 Training , Carnival , Royal Caribbean , Ginkgo Bioworks , Roku and ...

* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...

Here are some of my (partial) short covers this morning:  * $3.42 * $21.30 * $103.60 * $6.04 * $86.76 * $64.45 * $42.25 * $116.01

* TINA ("there is no alternative") is dateless - but her popular cousin CITA ("cash is the alternative") is enjoying the prom  As I have previously written, the market's averages have been lying to investors - as the Indexes are disguising serious d...

In the interest in transparency, here is a list of positions I have mentioned in my Diary that I am either long or short. Note: This is not a full list of my portfolio's holdings: Longs: , , , , , , , , , , , , , , , .  Shorts: calls, calls and puts...

Here are my previously mentioned shorts: calls and puts, calls, calls, calls, calls, calls, calls, calls, calls, , , , , , , , , , , , , , , and .

Covering some more .

Large corporations are embracing these spaces, though it's important to enter this realm of trading and investing with eyes wide open.

Here's a play for RBLX as its down on earnings.

I covered a portion of my short at $54.90 just now.

* I pressed my short. * Sold some - as noted early in the morning  I am remaining quite defensive. As I mentioned I will only be posting intermittently as I am travelling today and early tomorrow morning.

Until these two ETFs tighten up and break above their 50-day simple moving averages, it's hard to take an aggressively bullish trading posture.

Another business media fave, , spits the EPS bit. From our Comments Section after the close - in case you missed it:  dougie kass  I have shorted RBLX in the after hours. Small. $64.40 Dougie