DraftKings Inc (DKNG)

[HittinHeavy93]

I 100% do not envy current dk shareholders. I do envy penn buyers at $4 I wanted in but was to timid. Late to finding this gem? Good post.

The great news for me is that both of these companies are way overvalued and don't just face bad news for the immediate future but at least through 2 years maybe longer. I can't imagine a lot of people will be gambling when we continue to print money and high unemployment rates. I 100% expect a drop from dkng back down to single digits which will remain out of my folio even after hard drop. Penn on the other hand def has my interest with possibility of me getting in but will see how it plays out.

-This is an opinion not an attack.