 Finally What's up money geeks of V here welcome to another video guys so into this video We are going to talk about Roblox ticket symbol RBL X again This is a company that it's in the process of going public through a direct listing we cover this Company here on the channel. I told you guys why I was super excited about it So if you didn't watch that video, I'm gonna hook it up here So you can definitely go check it out But into this video I want to give you guys an update Because this company has been like just jumping around and not wanting to go public in my opinion They talked about last year going public through an IPO in December That got moved to January of 2021 January came and then they changed your mind and then pushed it to February That are gonna do a direct listing and we were excited and then February not have pushed it to March That they're gonna do the direct listing in March So that's what I want to talk about in today's video But before we get to the guys feel new to the channel We took about how to earn money how to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button any notification bell to your miss out on new Content so Roblox guys again I've covered this company what they do and why I'm super excited about the company going public So if you didn't watch that video guys again I'm gonna hook it up here so you can definitely go check it out And today's video our focus is just as to give you guys the new date Into when they plan on going public and what we see as the price projection When they start listing the company public, so let's jump right in here and take a quick look So again Roblox actually came out and put out some information regarding Them going public as you can see here dimension now the new date is March 10 So I wanted I want you to put this data in your calendar for this of you guys that have been Excited and waiting to see Roblox go public here is the date that they currently have right now and again guys I would surprise me if they come out and change it again because this company has just been Jumping around and like they don't really want to go public. Remember again, like I said December last year They said they were gonna go public and then change your mind and said January and then change your mind It's a February now. It's March 10. So again, I hope that they stay With this date and go through it so March 10 as a date I want you to put on your calendar and again the tickets symbol that they're gonna have is out of BLX So that's something that you can definitely mark on your calendar And so here's what I'm looking at from a price projection standpoint So they actually sold as you can see here 198 million shares at a price about 45 dollars a share and this is to institutional traders, right? So we've seen a lot of these technology companies come out and just blow their expectation So again, we're looking at companies like Airbnb C3 AI all those companies came out and just went crazy. So it won't surprise me This price for the five dollars for institutional traders Roblox will come out over a hundred dollars a share again guys That's my speculation based on what I've been seeing in the market So if you're looking to get into this, you definitely want to cash just staying at the very bottom there They traded per se and then wait for that pullback before you can actually buy and hold long term again Because that's how always how they go. They come out really hard and then go all the way up and then pull back And then, you know, that's where people take profit and then settle Needless, you can find that bottom there that support and then buy if you want to hold it long term I am planning on buying this stock long term because I think this company has Tremendous amount of potential and the reason why I think that is because when you look at their user base They need a lot of kids so ages between It and 16 years old that is the majority of the user base and I've seen kids as instead of asking for Christmas presents from their parents. They're asking for Roblox money So when you take a regular cash, you can take 10 dollars and convert it into Roblox money Then that the kid can go into Roblox when they're playing the game They can spend that money in the game. So I mean like just when I see that happening I know that this game is One that you want a whole long term because it's going to be around again. That's just my speculation I'm not I'm not telling you like hey, you should definitely go buy just because I feel that way But I'm telling you my mindset the way I'm looking at it We should get the attention of that Young demographic and the fact that they have parents that are willing to give them the money because most parents these days Let their phones and their computers or their tablet babysit your kid When a kid starts to act up, you just give them a tablet or a phone and they're quiet And where do they go? They jump on Roblox and they play and when they start playing they get good at it They want to maybe switch levels and get up and spend some money within the games. So that's when I think This game was going to play a huge role again This is their amendment that they did with their Perspectives again just mentioning that March 10 as the date that they're going to go public this time around and again guys, like I said This is going to be going public through a direct listing. It's not going to go public through Your regular IPO. So as of right now, they don't know the price that they're going to open at We'll see that day That's when they're just going to come out and set the price based on demand If they see demand is high for the stock if there's if there's excitement in the market The prior put the price again, like I said over a hundred dollars That's where I think this thing is going to come out of the gate So that's the update I wanted to give you guys here and again, I'm super excited. I'm still waiting for roadblocks I've been waiting for this start now for the past three or four months And for some reason they keep going back and forth and not wanting to do Their public offering yet. So hopefully this is the last time they are going to move But I'm not going to put it past them. I just got my fingers crossed So let me know in the comment section what you think about is I'm super excited. I'm waiting for this IPO I think this is going to be one of the biggest tech IPOs now in this past three months We've got some we've gotten some IPOs, but the roadblock is going to be a huge one And I I can't wait for it to get my hands on it. I'm going to play this in two ways guys So the first way would be I'm going to day trade it just take advantage of that movement And then the second wave would be me buying to hold on term I'm looking maybe five ten years down the road. So that would be my strategy So day trade as soon as it comes out get that squeeze make some profit there And then wait for that pullback and then buy and then go In again, I've actually gotten burned with that strategy once when I did c3 ai I actually day traded it and then waited for it to pull back. It never pulled back To my price point. I was hoping that it gets under $90 it never did and I I'm still mad about it. So that doesn't mean that I'm going to change my strategy I'm going to continue to use that same strategy because it's worked for me and that's the way I plan on approaching this one So let me know in the comment section what you guys think if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth If that's something that interests you go ahead and hit that subscribe button and the notification bell to don't miss out A new content. Also, if you're looking to get started with investing guys We both have the promotion where if you sign up and deposit a hundred dollars you get free stocks Links in the description below and as always guys, do your due diligence. Don't be a greedy savage. Stay motivated