Thursday, November 12, 2015 10:27:22 AM
Apparently INMG now owns the Domain and rights to the site after the recent acquisition and that the new daily fantasy platform set to be released soon makes Draft Kings look like a modern day Taxi company that is competing against Uber. He mentioned a lot of differences but the few takeaways I received from him tonight were the fast bonus deposit systems, ease of social media integration, max limit of 2 entry's per contest and highly secure auto bot software indicators to level playing field for FairPlay.
I have to admit I wasn't very impressed with the 3Q post... The numbers looked great but the lack of details and just overall presentation of the financials with no true explanations left a lot of questions in my head and with very limited info on the outlook had me scratching my head and questioning the CEOs future plans with this stock until tonight....
However with this new tidbit of knowledge I now think it's because there are much larger things in the pipe that they are focusing on then updating us minions w/ posts and this could explain these large end of day stock accumulations over the last few days paired with thinning asking walls.
I am sincerely hoping to be able to close out of some of my long Amazon positions tomorrow and add more to my position here. I have been following this Stock for a while and excited to see what will come to fruition on the coming days/weeks! If they get even a fraction of the draft kings market share... Even just 1% of this hot new multi billion dollar market we are in for quite the ride!!!
On speculation alone I hope we get some positive announcements or updates/ clarifications of the quarterly results soon before I Add to my position.
For full disclosure after doing an in depth analysis of the company and even a deep background check of Mr. Coleman. I feel very comfortable with my entry points at 3s and bought almost all the 4s for tax reasons will not be selling or reducing any of my positions or even consider it unless we are into Copper Land or higher for 2015 tax planning purposes especially if i sell of my AMZN to take a very large position here.
This is going to be fun to see how this plays out!! Good luck to all!
"97% of the people who quit too soon are later employed by the 3% who never gave up"
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