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DKNG up 13% after hours

Posted on 8/3/23 at 6:50 pm
Posted by TwentyFourEight
Member since Jul 2023
114 posts
Posted on 8/3/23 at 6:50 pm
LFG!
Posted by rocksteady
Member since Sep 2013
1280 posts
Posted on 8/3/23 at 7:19 pm to
You’re welcome. Devil app
Posted by TwentyFourEight
Member since Jul 2023
114 posts
Posted on 8/3/23 at 7:27 pm to
Shoutout to all the degenerates betting on the HOF game tonight
Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 8/3/23 at 7:34 pm to
I’m now up 122% on an almost $25K investment. Let’s frickin do this.

Shamelessly DKNG is my biggest single holding.
Posted by Tomatocantender
Boot
Member since Jun 2021
4756 posts
Posted on 8/3/23 at 7:38 pm to
Ho Lee Shite, you're right. Up almost $4 AH. Will be interesting with a natural momentum catalyst like CFB and NFL just 4 weeks away. The horizon is laying out nicely for $50 per share or more.
Posted by Tomatocantender
Boot
Member since Jun 2021
4756 posts
Posted on 8/3/23 at 7:39 pm to
quote:

I’m now up 122% on an almost $25K investment. Let’s frickin do this.


Posted by thelawnwranglers
Member since Sep 2007
38783 posts
Posted on 8/3/23 at 8:00 pm to
Ramir Sethi really screwed over that guy on Netflix
Posted by rocksteady
Member since Sep 2013
1280 posts
Posted on 8/3/23 at 8:15 pm to
quote:

I’m now up 122% on an almost $25K investment. Let’s frickin do this.

Shamelessly DKNG is my biggest single holding.


In all honesty DKNG was on my radar for a fat options leap play months ago and I just lost track of it. Well played. I certainly would be shitting myself if it was my largest holding though. Let's 6 leg parlay those gains for retirement?
Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 8/3/23 at 9:20 pm to
quote:

Well played. I certainly would be shitting myself if it was my largest holding though.


To be fair my first buy was in June 2020 and the highest block of shares I bought was $43.50. So I spent a lot of money buying down over the past 18 months. Loaded up several times in the low teens.
Posted by BabyTac
Austin, TX
Member since Jun 2008
12135 posts
Posted on 8/4/23 at 6:42 am to
Lol at that Netflix money show where the expert baw told the poor baw to sell all of his draft kings and take the losses as a lesson learned. Lol.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14459 posts
Posted on 8/4/23 at 7:12 am to
You may want to take some profits along the way. No guarantee this continues to climb even with great earnings this quarter. Lots of competition in this space.
Posted by spaghettioeauxs
Baton Rouge
Member since Jan 2017
1150 posts
Posted on 8/4/23 at 7:35 am to
One thing you can always count on is this country being full of degenerates. DraftKings is probably the best gambling site, I’ve always viewed it highly cause I liked the app myself. I could see it going to $50, especially as more and more states legalize mobile sports betting. Would be a huge boost to get states like TX and FL
Posted by KamaCausey_LSU
Member since Apr 2013
14522 posts
Posted on 8/4/23 at 8:40 am to
Rush Street Interactive/BetRivers (RSI) up 20% too after a solid earnings report.

PENN (Barstool) has an earnings call next week on 8/9. Hasn't moved yet in response to the DKNG and RSI beats. I might have to buy a lotto ticket just in case. Gambling on gambling...
Posted by nosaints
Louisiana
Member since Dec 2009
320 posts
Posted on 8/6/23 at 8:50 pm to
Couldn't hold but I expect this to continue moving up this week. Several upgrades to pricing. $45 EOY
Posted by KamaCausey_LSU
Member since Apr 2013
14522 posts
Posted on 8/8/23 at 4:27 pm to
Wow! PENN is ditching Barstool and partnering with ESPN. $PENN up 22% afterhours. Earnings report is tomorrow morning too. I don't think I've ever gotten in early on one of these. I expected solid earning like the other sportsbooks. Not an ESPN partnerships.
Posted by TheWalrus
Member since Dec 2012
40518 posts
Posted on 8/8/23 at 8:54 pm to
They were giving away money with all sorts of free bets and can’t lose promos, then they pulled the plug on most of those or tamed them down significantly but they got a lot of loyal users and can finally make money, good strategy in the long run.
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