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re: Draft Kings
Posted on 5/5/20 at 11:12 am to LSUregit
Posted on 5/5/20 at 11:12 am to LSUregit
Interesting - seems like similar software (if not the same). It is rocking today!
ETA: software similar to what DK would use, I understand they are different businesses.
ETA: software similar to what DK would use, I understand they are different businesses.
This post was edited on 5/5/20 at 11:17 am
Posted on 5/5/20 at 12:37 pm to LSUregit
Will casinos around the country that are legalizing bets going to hurt them? When Louisiana finally gets on board, I think a lot of money will be gambled through the casinos instead of this?
Posted on 5/5/20 at 12:42 pm to PotatoChip
They will work in conjunction with the land base casinos to establish an internet presence. With Covid19, casinos will realize that they will need to evolve in the digital age. State gambling regulatory will be a hinder but I believe slowly, more states will legalize.
Posted on 5/5/20 at 1:56 pm to JescoWhite
Thinking what I might do is sell some 17.5 puts on the next pullback and see what happens. If it doesn't get assigned at least I'll make a little money for my trouble. It's pushing being overbought on the hourly chart so hopefully a good opportunity presents itself soon.
Posted on 5/5/20 at 3:09 pm to BuzzSaw 12
So draftkings at a $15 billion market cap is worth Caesars and Wynn combined? Seems rich although I understand the model is way different.
Posted on 5/5/20 at 3:45 pm to igoringa
Up 65% on the warrants right now (DKNGW). shite just keeps climbing daily.
Posted on 5/6/20 at 1:30 pm to Jwodie
quote:
Up 65% on the warrants right now (DKNGW). shite just keeps climbing daily.
Make it up 105% now...
Unreal. Still holding.
Posted on 5/6/20 at 1:37 pm to Jwodie

Posted on 5/6/20 at 1:39 pm to JescoWhite
They now have a 17 billion dollar market cap!
Posted on 5/6/20 at 1:56 pm to JescoWhite
KBO started this week, lol
Posted on 5/7/20 at 2:41 pm to BuzzSaw 12
Look like it might be showing some weakness. Went parabolic this morning but coming back down to earth after trading outside the Bollinger bands for several days. With some more weakness tomorrow I might start a small position.
Posted on 5/7/20 at 11:55 pm to igoringa
Weird on Etrade it says the market cap is 940m.
Posted on 5/8/20 at 9:41 pm to Bob Sacamano
Bought at 10 and sold at 13
Missed the fsly tip but did well on this one
Missed the fsly tip but did well on this one
Posted on 5/13/20 at 9:25 am to BuzzSaw 12
DKNG. Does this thing ever go down? 

Posted on 5/13/20 at 11:42 am to LSUregit
Just took a big shite but recovering. I started a small position the other day at $23.90 and sold the 25 calls. Probably get the shares taken this weekend but it will be a profitable trade. If it tanks then I'll add some lower where I wanted to buy to begin with. Whenever pro sports comes back this thing will probably take off.
Hard for me to commit to something like this though when it's not giving you many good opportunities to get in.
Hard for me to commit to something like this though when it's not giving you many good opportunities to get in.

Posted on 5/15/20 at 8:03 am to BuzzSaw 12
very interested in this but how are they surviving with no sports?
Posted on 5/15/20 at 8:49 am to FLObserver
Seems they dove into online gaming. You can bet on things like madden simulations and call of duty matches.
Posted on 5/15/20 at 8:53 am to FLObserver
KBO tournies fill daily.
Esports
LOL
MMA
Esports
LOL
MMA
Posted on 5/15/20 at 9:40 am to BuzzSaw 12
They've added weekly options today so more opportunities to trade this name. Now they just need to add some more strikes.
Posted on 5/15/20 at 9:46 am to PotatoChip
quote:
When Louisiana finally gets on board, I think a lot of money will be gambled through the casinos instead of this?
Fall of 2021
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