Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol okay... either way, big money will win this game. Either through limiting brokerages or creating new policies. The market is not a free market. Never has been never will be. And while i think it’s awesome so many retailers are jumping in, too many will be skinned alive and lose everything they had on top of being in debt due to margin. This is fact.
Not buying 1-5 shares you won’t
A lot lower
After hours are always more volatile as it’s less liquid
Such a silly statement. Hopeless
He’s so obnoxious. But it won’t affect Penn
You are comically consistent
Appreciate the compilation of negative facts. I think stocks that rise higher while surrounded by reasons they shouldn’t show a particular strength that is of interest to many
It’s already had a huge run of 100% in a short period of time
For any of you that may not know, the reason DKNG has bounced is due to Cuomo backing mobile sports betting in NY
Are the playoffs really something to be excited about? I bet if we drill down it actually generates less money. There are half the games and the buy ins remain the same. The prize pools are actually slightly smaller as well. And since DraftKings makes money off a “rake” essentially, I just can’t see why less sports games would result in more money.
I think the business model is sound becssue there are sports year round. Golf DFS is getting ready to start this week and runs for the next 46 weeks. NBA just started its season. The fact that they are beginnnng to leverage Esports, soccer, MMA and many more are the reasons to get excited.
Why?
Or getting ready to hit blue skies
Go back to 40? There’s a giant gap at 37... those freaking things always fill sooner or later. Penn has one as well. Most all stocks and ETF’s have one. Only a matter of time
Whelp there is a gap at 37.76. Not sure what would get us there except an entire market roll over or 4-6 week shit down happening. But it’s a small gap. The big one remains at 42.09 which is less than 5% from where we closed today. That would be my first buy point of 33% and see what happens from there.
I’m a technical trader. This gap will fill.. 100%
Wil be interesting. I always hate these large gaps up. They always fill. So we will return to 41 ish at some point. I usually sell a pop like this and wait
Merry Xmas indeed... thanks Paul!
I’ll give you this.... you are consistent as hell lol
Could be enough to push old highs
Makes all the sense innthe world what they are doing
This feels like the bottom of this wave. Not to return to new highs though
Here comes your DCB day / days
Oh yeah? Why.. a fact or two would be welcomed. Only thesis I currently see for an upward move is a “dead cat bounce”
This is true.. can’t argue that point. Hard to place my own money on it though at this time
Unexpected or random news is not an investment theory... that’s gambling
Oh and another thought.. this hits 40 or low 40’s before 60
Not sure what your time line on your theory is...
the highest analyst rating is 76 and average 58 on a 12 month running scale. They just did their second offering this year I believe? 2 major big Pharma just hit snags in their vaccine efforts causing everyone to question the speed of success. DKNG already has a multi billion dollar valuation with unemployment gone for the most part, companies shutting down, unemployment rising, Robinhooders getting creamed, professional athletes infections rates rising, and the stock price has retreated over 25%...
look at FSLY.. great example of a great company with a 30 multiple who’s earning weren’t that bad... walking on thin ice
There’s always two sides... which is why I love the market. Good luck on your side of the fence.
That’s just silly. The stock will double in the short term? On what basis... would be lucky to make new highs this year
From the mid 60’s to the 40’s where does she end.
Oh that’s weedtrader... he’s a trader though. Like most of us. All I know 100% is that no one knows where anything is going. Trade well everyone
This didn’t age well
I’m trading this and currently own. All I am saying is that gap WILL fill
It’s still there = it’s still a problem
Are you concerned at all in the coming months of NFL games getting canceled. I remember DKNG being down 10% over a single baseball game. I sold my entire position at 49. Trying to determine if it’s worth getting back in now, or if a COVID resurgence is coming again
Hard to say these shares are cheap after a 30% run
Penn is def more diversified. But DKNG has a proven software piece that has cornered the DFS market. I think they are two different companies in the same space and merit to owning each
This stock has further downside IMO. Atleast to 100 likely 96. Over shot on the upside and still needs to cool off
Looking for Blue Sky here... where’s Paul we need more bad info to post to push it though
Keep em coming it just ticked up another .25 cents as soon as you posted. Brilliant stuff!