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I guess all these negative posts are the reasons the stock is soaring! Keep posting buddy it’s working:)
I wish we could remove people from boards. I am all for a two sided debate but his posts are not only false but he doesn’t engage in any conversation so it’s really pointless for him
Still believe this will rally nearly 50% to 290 in a matter of weeks?
Good morning fellas. I believe their are a bunch of excellent technical traders here from what I read so I wanted to ask a question
Gaps. Typically they always fill is my opinion. When looking at some heavy hitters... AAPL, FB, SPY and so on.... there are gaps in the chart significantly below where we are currently at. Can charts ever just leave gaps and move on?
Ahh MJ... can’t see this sustaining or running much at open based on this news
What in the world....
Beast mode indeed... just wrong direction
Well what do you know
Agree with that. But they also need to be united in their message and their message moving forward. This could bleed over info NFL and that would really hit home.
I think they continue playing. Really surprised they just canceled games today and DK didn’t flinch. Wonder what that says
If baseball has come this far with only a handful of games canceled during a time where Covid was the worst... and we have Basketball, Hockey going full fictive with zero delays... why would you believe sports will be halted. You sound so uneducated becasue you can’t offer any type of factual debate. You are offering farce opinions based on no facts. Literally every post has been unfactual
And you were saying these same things when it was at 32. We are at 37 now after a 10% fall, after outstanding earnings, becasue of a riot turned deadly.
There is a huge short interest in this ticker. I assume if it gains momentum and breaks and holds this 40$ barrier it could really spark a short squeeze.
This clown posts the same garbage ok every board. Paid poster. He engages with no one in any type of even keel debate.
Nevermind don’t answer that.... I see ALL of your posts on every board are the same tone.
What is your motivation behind posting all this year? To warn us? You are just a good guy?
This isn’t a penny stick take your rants elsewhere.. your post is ridiculous
And insiders selling shares is not a bad thing, anyone that has been in the market for a long enough time knows this.
I agree. The news of losing Tik Tok is already baked in and then some. I would think at this point their earnings would take over and it starts to March back up. Today is such a huge move though it makes me nervous
So if oracle buys then it’s good for Fastly becssue? Becssue they dont have CdN platform in-house so they would still run til til through fastly? Trying to find the silver lining here
What is the reason in the mov3 today?
Exactly... I’d have to think that most would gladly sell half their holdings once doubling their money, especially after doubling a total investment of 125k to 250k. Sell half, take your principal out, now you are playing with the houses money. The other option of course is you are insanely wealthy and 300k is a drop in the bucket.
I see more wrong than right with nearly all your posts at this point. But at this point it’s neither here nor there. Good luck with your holdings
You have $300,000 invested in this stock? And your hanging out daily on a forum?
I’d love to know what other massive holdings you have.
Okay so let’s put charts to the side. Can you offer a valid argument as to why this stock return to touch 20 ever again, and secondly, what makes it a screaming buy?
Not sure why they need to be called idiots. I was one person saying that 20 could absolutely happen. But I have also stated why it could happen. Does that make me an idiot?
Would be nice if you supported your bullish statements with technical or fundamental data / beliefs for anyone visiting this board to help those understand why this could be a great investment
I am just a trader. The story here seems like a good one. Not nearly as good as PENN but def has some upside of things unfold perfectly
I don’t recall anyone claiming 20’s would come, but the technicals showed it was possible. Do you even understand charting? If so, you would see that 20 is in the cards just as much as 45, or 60.
If you are a long term holder, which by the looks of your posts you are, then I’m not sure why you even bother posting 20 posts a day. Your timeline is 3-5 years.
Currently though, this ticker has been posting lower highs every day for months. It has also posted higher Lows. I’m not sure anyone here mentioning this ticker falling to 20 is shorting the stock. Likely just looking for a trade.
Similarly how I purchase last week at 30.40 as I have been waiting for that gap to fill for a while. I also sold today at 35. It’s currently trapped in this pennant and we all wait to see which way it will go once it breaks out. But until it does break out... i wouldn’t claim victory just yet
Trade well everyone
Interesting action after what was a pretty solid Q2
I’m hoping to hear good things tomorrow. Could go either way TBH. I hate seeing a ticker run into earnings with no news. There is still a tiny gap on the chart lower. We will know soon enough.... good luck!
Lol 175$? Did you mean 75?
Was trying to be realistic bud not hallucinogenic
Does this trim all the way down to 20$ though... a resistance that was broken through and never retested
Bottom is in
Over sold at this point
What are we expecting from earnings? Q1 was terrible. How will the price react this time around when it will be even worse?
Slightly disagree with the chart comment. It’s not pretty. However, if it can close above 33.38 today we could have a short term pop to 38 as we inch closer to Penn’s earnings. Just a short term thought. Def been trending down since June though
Simple.. Penn and Gan have a broader rev stream. Gan is a technology supplier to DK. Whether sports are played or not it does not affect them.
Penn has an even broader operation. They have sportsbook, technology and casinos. And they newest partnership with Barstool is supposed to be a strong rev driver.
DraftKings has sports. That’s it. They make money only when sports are played and humans eager on them.
The analyst ratings are generally 12-18 months out. And by then, we hope we have a vaccine and things are back to normal.
Short term... there are a bunch of question marks, as I listed early, in my factual “sensitive” post
Not sure any part of my response supports your “sensitivity” remark.
You stated in your post “why are people selling” “buy buy buy” and belittled the fact that the overall picture is much larger than just a few postponed games.
If you bought this before it’s IPO you are likely up 700% and should have no reason to be concerned as you are far ahead of any retail / post IPO investors.
I was simply offering some facts outside of “just a few postponed games”.
I have a small position as an investment and I trade this ticker as well... just to be transparent
Maybe because it already had a parabolic run up 200%+ this year? Maybe becssue we still don’t know the future landscape of sports near term? Maybe becssue their 2nd Q earnings will contain all canceled sports? Maybe valuation is slightly off?
Let’s think rationally and like a trader / investor young grasshopper and not come on a public forum to post a cry for help. Sorry if you bought at 40$
Well that just seems a little unnecessary lol
Maybe.. still bouncing around and off the 9 & 27 MA and sitting at the middle Boli... definitely trending down and there is a .40 cent gap at 30.40 as well.
Man if I had 18’s I’d be selling half and playing with the houses money
Next few days should be telling regarding the overall trend. It closed right at the 50. Last 4 days it has gapped up and fallen rest of day. Today we gap down, the overall market is down, and we shall see how it progresses
Investor = story
Trader = charts
Gotta know who your talking to first:)