RBLX shorting op revisited: Watch for price to reach up to either of the red trendines and gray horizontal resistance, and then reverse. Falling below the 71.78 horizontal support is a good bet it falls to next lower support at 60.75.
rumble They're heavily in debt, losing money on sales, and growth metrics are mostly negative except for sales are positive.
They need to acknowledge there are serious problems (business model + kiddie problems), fire those responsible (probably the CEO and half the execs), come up with remedies to correct the issues and guarantee they won't happen again, and then restate everything that has been screwed up.
Assuming they can survive - They are likely to be a much smaller company after all that, with notably slower growth. 3 weeks 6 days ago
rumble
