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Question: do you have a decently accurate way to know short % when you play to short?
Let’s us know when you exit BBBY, it’s mesmerizing to watch.
DKNG making a move here, $21’s right now. I’m still looking for $26
I’m out of FCEL, just about even. I try to not hold risky plays longer than 3 days, 99% of the time fails me on day 4
300 more than I have, lol.
BBBY is a beast! I missed that one completely, shoulda, woulda, coulda.
At least you got a piece of it, good eye
I watched SNAP, good call. I’m still holding DKNG and FCEL
Hoping for a DKNG weekly chart move to $26 (50ma) eventually, also jumped in FCEL for a Hail Mary pop through the weekly 50&200MA. Big gamble, but I’m in the mood for some risk.
Wanted to tell you guys I (we) really appreciate your posting your entry points, short or long. It’s honesty that’s hard to come by.
I personally don’t judge peoples decisions as we all really know the market is mostly unpredictable, but it’s GREAT to see some play by plays! Win or lose
I’m personally long DKNG for some time, average $18. Swing trades.
GLTA!
I asked my 2 boys, In high school and jr high, both said Snapchat is dead amongst their peers. Worth hearing I think
Are you watching others in the sector too? CZR, PENN etc
I was sure it would pull back after this morning’s market bump up.
So did you buy 17.50’s? You didn’t say
Lol, yea I’ve noticed you guys! Good work
Good call, right at the peak. What’s your target?
Maybe we double bottom here and the tide shifts?
Too many catalysts to ignore. Pandemic behind us, sports seasons, states lining up to tap that tax rev, etc.
a lot of competition in the sector, companies will be buying each other out so pick your gladiator and start the show!
GLTA
Nice!
I’m just accumulating as time goes. Market attitude will change sooner or later, just need to stock pile shares for now.
Anything under $20 is a great buy IMO
GLTA.
I was hoping for a surprise trim in spending this last quarter, didn’t materialize. Spending will trim sooner or later, hopefully next round
Lower and I grab more
Grabbed some more low 18’s premarket. Still an accumulation game
GLTA
Crazy cheap here. Grabbing some for the old Roth.
GLTA
Correction, PENN reports 2/3/2022
Bought a bit more @$22
I’m full for now
Feb starts tomorrow and PENN earnings tomorrow
GLTA
Who is DKNG closest competition?
Besides Fanduel?
I’ve been running SQQQ comparison chart against DKNG. For the last couple of weeks it’s been a mirror opposite, tick by tick. Looking for the time they break apart from sync, then I’ll know DKNG starts it’s own path from general market sentiment.
I agree, but I am collecting some “core” shares in the Roth for the long haul.
However with earnings coming up, states signing up to mobile gambling on the horizon, and heavy sports events coming up, I think this is the time to keep collecting shares.
The general market is the issue, for now
GLTA
I agree. Needs to flush out the lightweights, I’ll keep accumulating sub $20’s
Thanks
As long as they don’t gamble it away on the app!
Volume hasn’t let up. This puppy is squeezing. Now everyone is waiting for fireside chat with the Fed’s this afternoon.
Impressive volume this morning.
You’re a chartist. The upgrade is a good start for the reversal, but I don’t like gaps.
What’s your read?
Oh I am DKNG all the way, but I am watching Penn and others for a sector move. Penn chart looks most promising to break upward which I’ll take as a tailwind for DKNG
Right now I’m only DKNG and cash
GL
If penn can breakout a bit, sector could shift going into feb.
sooner or later, I’m betting this tide turns
Grabbed a few more @$19.50
Sector looks ready to break upward if market allows it. Might be last chances for under $20 for DKNG
GLTA
Grabbed some $17.75’s as well.
If she dips again I’ll grab more
$DKNG
Some more @ $20.60
Could get even worse
$DKNG
GLTA
Grabbed some @21.80 $DKNG
GLTA