If they do I’d expect a bull run across the boards, but then again, maybe not. Market has me second guessing which shoe goes on which foot!
Mid term elections - can the republicans take the house?
Nice I’m back in with a starter now from 11.00
Options in both directions. One leg on the spread goes worthless, but the other leg explodes in value
I’m betting it does, but this market has been bi-polar and unpredictable.
I was just hoping for a wild swing in either direction. Puts and calls from yesterday. Dead even spread. Puts are printing nicely now. Only certain play with volatility in the mix. But early morning 10minute play was nice
This is your chance
Oh wow! No I didn’t get any unfortunately all my plans went to shit. I was still making moves to try and climb up back in her but now that she took off I’ll have to wait.
Good luck bro! Beauty stock
Just hit 18 ah
Did you grab any?
To be honest. 13 was generous. Consistently losing money in a luxury business, and the prior 3 year CPI being over 16% - cost of living inflation, all luxuries, especially gambling... don't look promising as an investment.
Looking at the past 3 months alone... I'm inclined to disagree. The elephant in the room is that we're in another recession.
Nope. I asked nicely for a straight up move
Earnings should be good
Yeah you just misread my post bro
I was talking about another stock not this one… check again I think… once you figure out what stock.. read their letter to shareholders from last earnings
It’s a hunch but I think she’s going to go north on the earnings. If you look back they set the bar pretty low here now on their last earnings - they did not even provide guidance and almost kind of put everyone into a panic.
What I want to see is her pop higher then DKNG and then I’ll sell and just buy DKNG to ride their earnings.
DKNG earnings should be good. They are very close to becoming profitable.
Which way are you playing that one? I’m interested
It’s looking prime…. I shall wait until after the SNAP fins though. A little Russian roulette.
Yes there was News. They pulled their Advertising from California on Prop 27 polling showing a very low chance of passing. California was the biggest Market and what they were banking on.
Way overvalued. Been saying for awhile DK imo is going to single digits. Prop 27 in California is projected to fail which is a Massive loss for DraftKings. They pulled their tv ad money announced today.
Also no one has verified the leak from last week that it popped on an ESPN Disney deal. Which actually is gonna cost them a fortune if they actually do sign with ESPN.
Pops along the way but I feel new lows coming in late 2022 or early 2023.
Q3 is 1st week of November.
what a rough day for this one. even in afterhours. good buying op tho. gl
haha ur still playing with that one. seems like everything is near bottom now. i'm gonna start buying dkng if it drops into the 13s
Nope. Markets are too negative to entertain dreamers. Unloaded some at $16 quick for some lose. Will reload when she settles down.
yup. thanks, you too!
Held up ok for a blood red day.
Have a great weekend!
Let’s see if the flippers get washed out and she climbs later.
yea bad timing. everything getting hammered
Was looking for a news pop to $18.5 at least. Oh well
The DKNG deal is a massive debt burden. Which will bring a short term pop to the stock as you see happening but once financials are released and the terms of the deal releases you will see. This company is not profitable. Fun to play DFS sure. The Advertising Cash burn is going to be extremely costly and a Capital raise will be needed in 2023.
Cheap money is gone and finding ways to raise another 500 million to 1 billion is going to be extremely expensive and dilutive. Don’t be surprised if their cash on hand falls below 1 billion by years end.
i didn't.. hope it goes to 20 tmrw then i'll short it lol. gltu!
How dare you!! Lol
Nahh it’s all good.
i even thought about buying right after i covered.. damn
i covered at 16 today and i'm so tempted to short it again right now at 17.45 lol
It’s obvious the DKNG are in a few negotiations, Amazon and now espn news
Something big should happen if the markets don’t collapse!
Hopefully this goes back 70 in the future.
It is anticipated that the combined company will have an equity market capitalization at closing of approximately $3.3 billion and have over $500 million of unrestricted cash on the balance sheet.
“We are pleased to bring DraftKings and SBTech together as one public company,” said Harry E. Sloan, Founding Investor of Diamond Eagle. “DraftKings is already a premier online fantasy sports and betting platform. With the full integration of SBTech’s technology and innovative product expertise coupled with the right capitalization, DraftKings will be in a great position to continue its ambitious expansion plans in the United States. I have known Jason Robins for four years, and consider him a true entrepreneur. I believe our investors share my utmost respect for his vision and leadership.”
DraftKings Brand Highlights
|Title Of Each Class||Trading Symbol(s)||Name of each exchange on which registered|
|Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant||DEACU||The Nasdaq Stock Market LLC|
|Class A common stock, par value $0.0001 per share||DEAC||The Nasdaq Stock Market LLC|
|Redeemable warrants, each warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share||DEACW||The Nasdaq Stock Market LLC|