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Get ready for Roblox (RBLX), entering the market on Wednesday, March 10! Maybe it’s a good thing that BUZZ didn’t go through, because I’m running out of cash flow! 😊
Roblox is entering the market as a Direct Listing, and not an IPO. This means the public, “retail traders” will have the opportunity to purchase at a potentially much lower price than that of an already bid-up IPO. I’m hoping they come on at $5 😊, or maybe $10 – that’s my hope.
UPDATE 3/8/21 – RBLX is confirmed to enter the market at $45.
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