mark01bravz
2021-12-15

The ITC's Wednesday order blocks Roku from importing certain televisions, streaming devices, remote controls, and other products that infringe the remote-control patent, including the Roku Soundbar and Roku Ultra but excluding "revised" versions of them. The commission also said two other patents UEI accused Roku of infringing are invalid.

Roku fell over 4% in premarket trading as International Trade Commission banned import and sale of Roku Products

Roku fell over 4% in premarket trading as International Trade Commission banned import and sale of R
Roku fell over 4% in premarket trading as International Trade Commission banned import and sale of Roku Products

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  • ChristKitto
    ·2021-12-16
    ROKU responded that this import ban won't impact business. Most likely UE forced a ban on prev modules to make positive publicly as their revenues and profit is going down and ROKU is their biggest threat. ROKU couldn't legally make such a claim w/o fundamental base. $200 was a steal. ROKU for me is a 10-15 year hold
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  • BaronLyly
    ·2021-12-16
    The news release may have weighed on Roku stock，but it dip a buying opportunity, pointing to my bullish outlook for connected-television advertising spending. $400 price target.
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    • KittyBruno: 
      Roku weakness a buying opportunity reiterates positive rating and a $380 price target
      2021-12-16
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  • FranklinMorley
    ·2021-12-16
    Longs continuing to hold this stock from $490 to down 58% to near 52 weeks lows today of $203.94. That's why longs stay poor by not doing their dd.
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  • LeilaLynch
    ·2021-12-16
    Unreal manipulation going on with this stock. On one hand, the single most frustrating long position I’ve ever had. On the other hand, probably the best upside opportunity if you look beyond the manipulation.
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  • CatherineGunter
    ·2021-12-16
    The company has to prove these naysayers wrong. Is no one buying ? no! people are buying subscribing, are they not making a profit? yes! do they have cash? yes! Are they growing earnings at large rates? yes!
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  • CrystalRose
    ·2021-12-16
    I made a choice of selling roku almost at all time low after buying at 199, thankfully I didn't make the wrong choice, since I use that money to buy some crypto which rebounded more.
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  • CyrilDavy
    ·2021-12-16
    ROKU is a great company. It's also a well run company. ROKU is here to stay. All disruptor companies are volatile in the early innings. Long and strong. Not concerned.
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  • MyrnaNorth
    ·2021-12-16
    It is stock marker correction. It is time to buy, not to sell ROKU or other tech stocks Long and strong on
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  • BorisBack
    ·2021-12-16
    ROKU has, is, and continues to be my top holding and buy. How do people not see the future of this company I really don’t get it.
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