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With the descending wedge. I see the next support at $20.
We will see $20 and $15 by Feb.
I fucked up. Lol I used money that was supposed to be for closing costs on a new home thinking DKNG was a good call back in May… Nope. This was the worst decision ever. Lol
This week is important on whether dkng will establish a support level
The weakest rebound I have ever witnessed. Lol
Damn, this is putting a lot of pressure on me. I wish I had stayed away.
Bro. The bulls have been slaughtered.
Where is everyone?
If ESPN creates their own sports betting or buys a company other than dkng. It’s game over for us.
Well, with our high inflation, we might see 80-100 lol
Ohh you’re right lol
Is it actually up right now? I was used to so much losing with dkng. Lol
That one analyst that has a price target of $39.00 is probably getting a nice bonus right now. Haha
I think Bet MGM is slightly more dominant.
Where are all the “toooo the mooners” haha
That’s a good point. I really hope dkng will find new ways for revenue streams.
What they need to do is contract with sports teams to have live streamed games with a monthly subscription.
Instantly that service would be better than espn, cbs, etc
Dang, does anyone else see a massive head and shoulders pattern on the 2 year chart? Next stop, $35.00
Dkng: Another day another dollar lost. Lol
Yes, all terms masqueraded by the communist party lol
The growing pains for DKNG is especially bad. Lol hopefully we are looking at an ugly duckling.
Yea, the big apple is good for user growth and revenue growth however, eps will decline because of the massive income taxes. 51% state tax + corporate tax equals largely negative net income from New York. So, good for New York off the backs of shareholders. It’s not DKNG fault, rather the greediness of liberal New York.
Good for New York. Lol
I think we’ll see $35 range by January.
DKNG falling due to Penn national earning release causing its stock to drop 18%
RIP DKNG 2021
Have a feeling we’ll see $40 per share by end of day Friday.
Suddenly mean tweets and $1.50 gas doesn’t seem so bad haha #letsgobrandon
Dkng is a trash stock. It’s my worst performer. I wish I got out at its recent run up.
Well. I guess no access to Europe. Yet
We’ll see. I am long on dkng, but I am really not liking this massive equity deal. Obviously they know more than us and see Entain as an incredible opportunity.
Their original offer was overpaying. Purchasing Entain for all that money only helps mgm. Think about it. MGM owns half of Entain, and dkng offered 2x the price for half the pie. Let’s be real. MGM has the clear advantage.
Yea? Lol
DKNG is good at sabotaging themselves.
My lord, 22.5 bln for customer acquisition.
Yes, assumptions are never causes for disapproval.
My theory is that the DraftKings CEO doesn’t actually want to become the next “Amazon” rather they are trying the get Amazons attention for a potential buyout?
These fluctuations are unreal.
Strongly considering cutting my losses. I have lost out on many good trading opportunities keeping my money in this loser.
Wow DKNG. You’re a winner. Lol not