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re: Stocks on your watch list
Posted on 11/23/21 at 9:52 am to GeneralLee
Posted on 11/23/21 at 9:52 am to GeneralLee
Anyone know what's going on with DKNG? The 10-day chart is abysmal. Pretty much a straight drop since early November. 
3
Posted on 11/23/21 at 11:05 am to skewbs
im about to start nibbling on DKNG.
Posted on 11/23/21 at 11:13 am to skewbs
quote:
Anyone know what's going on with DKNG? The 10-day chart is abysmal. Pretty much a straight drop since early November
Almost anything growth-related has been getting destroyed since around November 8th. Pull up a chart of just about any ticker that fits the bill and look at the nosedive. The broader indices aren't necessarily showing it yet, but it's a mess out there.
Posted on 12/12/21 at 12:39 pm to skewbs
quote:
Anyone know what's going on with DKNG? The 10-day chart is abysmal. Pretty much a straight drop since early November.
Happened with a lot of COVID stocks. They were way overvalued and it was only a matter of time before smart money pulled profits. Doesn't mean they won't be worth those values in the future. If you believe in a company, keep adding and lower your cost average. I'm watching as many of these return to their more rational pre-covid prices.
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