Replies to post #4504 on DraftKings Inc (DKNG)

[Tincupx]

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

[nyy13]

valuations mean nothing. they change daily based on drops and spikes. it was valued at $45, then when that hit they automatically raised it to $60. tsla was $220 then suddenly it ran to $1800. day traders run the show. Thats where the money is. not in people holding tiny position relative to the money day traders have. Its not to say this doesnt have potential to run but with covid lingering, no one wants to get stuck with an instant sell off