Stock market stabilizes buy at the bottom? | Roblox Cathie Wood open a position – #stocks chatter

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Stock market stabilizes buy at the bottom? | Roblox Cathie Wood open a position
Hello, everyone. I'm DK.

# Stabilize?

Yesterday's market as a whole showed some signs of stabilizing, with growth stocks mixed. Yes, this is a good thing, indicating that the night of the market selling growth stocks is over. Look at the picture

![img](j2eb01gxmdm61)

Friends can see that the financial sector (blue frame) is still green, and the market is still biased towards value stocks. Technology sector (yellow box) colorful, the market began to choose their own favorite growth stocks, Call Paper Hands!

Here DK reminds you that there are still risks in the market. It is recommended that everyone keep a position of 40% to 50% and keep at least 30% of the cash on hand. Easier said than done, dare to sell high-risk positions. Pay attention to the arrival of the four Wizards Day on March 19, and the positions of long and short battles are all aimed at this day.

# Roblox

![img](gi8kj0zendm61)

Briefly introduce the fundamentals of Roblox.

Roblox is a children's play platform. Although it has a game engine, it is fundamentally different from Unity. Games developed by the Roblox engine can only be used by players on their own game platform. Roblox depends on the game Krypton gold this line is also the inevitable trend of the future game. Players recharge and consume game coins in Roblox. Roblox will give game developers a share. At the same time, Roblox also has advanced membership services, and the time spent by players in the game will also be converted into game gold coins and rewarded to game developers.

The promotion cost of Roblox is extremely low (pictured below). In 2020, the promotion cost was only $58 million, while the share to developers reached $328 million.

![img](x3lo17a1odm61)

Roblox's model greatly improves the output rate of popular game styles, produces a large number of game community content and topics, and enhances user self-communication. There are already many players shooting Roblox game videos on YouTube. We all know that content is the most valuable in this era, and the way of producing content is very important. I believe that Roblox will continue to obtain users at low cost and maintain high user activity in terms of game content output.

Roblox CEO David Baszucki doesn't define Roblox as a simple gaming platform, but wants to build a social platform. Yes, virtual social platform, so the imagination of Roblox in the future is still very big.

**Is it appropriate to buy it now?**

DK believes that the current growth stocks are being adjusted, now is not a good time, of course, it depends on friends' own perceptions and preferences of Roblox. DK itself will not lay out for the time being.

# Cathie Wood 03/10 Operation

Let's take a look at what Cathie Wood does. Of course, first of all, it has always been a hobby of Cathie Wood that she opened Roblox, and snapped up more than 500000 shares of Roblox, 's small and medium-sized technology growth stocks.

![img](z6plthrqodm61 "The data comes from the ArkTracker App, Google play link at the end of the article.")

Roblox's position in ARK rose to 0.51% in one day.

![img](bp2ok29wodm61 "The data comes from the ArkTracker App, Google play link at the end of the article.")

**Focus on increasing positions**

PLTR VRTX TDOC SQ JD BLI

**Focus on reducing positions**

FB PSTI PSTG CERS NVTA

The rest of the ARK position change information can be queried in ARKTracker App.

**Full platform release of ARK Tracker**

Track Buy/Sell record, Tracking ARK Invest's daily trading Bar chart shows the change of position.

[Apple IOS User click here to get ARK Tracker App](https://apps.apple.com/app/apple-store/id1556375599?pt=121873354&ct=reddit&mt=8)

[Android User click here to get ARK Tracker App](https://play.google.com/store/apps/details?id=com.fintech.track.ark&referrer=utm_source%3Dreddit)

!(ypw3m2tkpdm61 "ARK Tracker")
https://www.reddit.com/r/StockMarket/comments/m2nj5k/stock_market_stabilizes_buy_at_the_bottom_roblox/

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