Robox business model | One day trade | What I learned | Follow up on June 6, 2024

 I can learn quickly about ROBOX business but it did take me 400 shares purchase with $12,000 US dollars in one day. Under stress, I had to rush and learned and worked on my research quickly. I read a few articles in order for me to understand ROBOX business model, after my trade, and I like to read more about business model as well 

1. I did purchase a small amount of RBLX shares after earnings, earned around $20 US dollars; 
2. I did not have time to read Morningstar analysis report after earnings. So I had to make purchase first, and then did some research; 
3. Morningstar analysis report - told me that RBLX drop over 20% was too overreacted;
4. Last 5 days already 6% rebound
5. What I did was to purchase 400 shares after I saw 3% percent rebound on May 14, 2024
6. RBLX stock - what I should learn from gaming business
7. It is a trade, but I like to learn something about ROBOX business. It is a trade with close to $300 US dollar profit. 
8. Motley fool article - 

Think Roblox Makes Its Money by Making Video Games? Think Again 

Here is the link. 

June 6 2024 

Follow up

Right side trade, add more position after the first success - 400 shares, gain of $0.80/ shares