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Jwodie
LSU Fan
New Orleans
Member since Sep 2009
7037 posts

re: Draft Kings
quote:

Look like it might be showing some weakness.


Not so fast!

I’m up 175% and tempted to sell, but no idea how far this keeps climbing once sports are back. Crazy.


BuzzSaw 12
Georgia Tech Fan
The ATL
Member since Dec 2010
2187 posts

re: Draft Kings
It's gonna jump when sports come back. Me personally I'd put a stop loss on half and ride the rest. Add if it comes back down into the low to mid 20's. My shares at 23.90 are gone as of Monday due to the 25 calls I sold so I need to start a new position. Was hoping for a $24.95 close. lol

Now that they have weekly options I'll probably sell some puts Monday or Tuesday but wish they had strikes lower than 25.


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Awesome All Day
LSU Fan
Plaquemine, La
Member since Jul 2011
635 posts
 Online 

re: Draft Kings
quote:

BuzzSaw 12




Just want to send a shout out to BuzzSaw 12!!! This has been one of the best tips I've gotten from this board. I bought in the day you posted about this a month ago and my equity in DKNG has tripled since then.


SugarAggie
Texas A&M Fan
Member since Mar 2019
175 posts

re: Draft Kings
I fricking love this stock


BowDownToLSU
LSU Fan
Livingston louisiana
Member since Feb 2010
13773 posts

re: Draft Kings
quote:

fricking love this stock
damn I missed out. I’m going to have to lurk on this board more


BuzzSaw 12
Georgia Tech Fan
The ATL
Member since Dec 2010
2187 posts

re: Draft Kings
Congrats! Glad you made some good bank. I like this stock and think it has some good long term potential. I've been in and out a couple times selling puts, buying stock and selling calls against it. Been a winner every time. I'm probably going to get called out again this Friday and the puts will expire worthless so will start over for next week.

I do think that on the next decent pullback I'm going to buy some shares for a longer term hold. Once pro sports fires back up this thing could really take off.


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SugarAggie
Texas A&M Fan
Member since Mar 2019
175 posts

re: Draft Kings
I don’t thinks it too late to get in man. Sports haven’t even started up yet. And with draft kings being aligned with the NFL I think this is a long term hold.


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20
Bob Sacamano
Tulane Fan
The Whale's Vagina
Member since Oct 2008
4565 posts

re: Draft Kings
I’m up 50% and I’m not selling. This one is a bull.
This post was edited on 5/26 at 10:31 pm


FLObserver
LSU Fan
Jacksonville
Member since Nov 2005
8258 posts

re: Draft Kings
Yeah this one is going up while all my techs are going south.


Anguyen504
LSU Fan
Baton Rouge
Member since Sep 2014
117 posts

re: Draft Kings
I might buy into this. I don’t think it’s too late at all. I have a couple shares of MGM and only way it can go is up I think


LSUregit
LSU Fan
Member since Dec 2013
1388 posts
 Online 

re: Draft Kings
I bought in at 21 thinking I was late to the game. Also bought GAN at 11. Both have been nonstop.


Jwodie
LSU Fan
New Orleans
Member since Sep 2009
7037 posts

re: Draft Kings
Sold half of my warrants yesterday at 250% gain. Riding the rest for now.


LSUregit
LSU Fan
Member since Dec 2013
1388 posts
 Online 

re: Draft Kings
Better sell the rest or exercise them within 30 days.


igoringa
LSU Fan
Tejas
Member since Jun 2007
11202 posts

re: Draft Kings
$430 million in revenue (in 2019) and a $11 billion market cap today.

What is the bull story? I can understand growth but this is a huge growth build in already.


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Jwodie
LSU Fan
New Orleans
Member since Sep 2009
7037 posts

re: Draft Kings
Saw that...probably for the best. Built in greed blocker.



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SugarAggie
Texas A&M Fan
Member since Mar 2019
175 posts

re: Draft Kings
Premier League announced they are returning June 17th and draft kings is crushing it again today.


SugarAggie
Texas A&M Fan
Member since Mar 2019
175 posts

re: Draft Kings
Also Draft Kings is looking to acquire bleacher report


WB504
New Orleans Saints Fan
New Orleans
Member since May 2008
5137 posts
 Online 

re: Draft Kings
Can’t wait to see how high this goes once NBA announces their return and especially come September when the NFL returns. In for the long ride.


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stewie
Central Florida Fan
Member since Jan 2006
3635 posts
 Online 

re: Draft Kings
So, at one point I bought 110 shares of DKNG at $19.34.
Excited about the future of this stock, I mentioned it to the wife at dinner...she proceeded to berate me for investing in gambling, calling it blood money.
One or two arguments and days later, I sold those shares for a little over $19.50.

I feel like I’m now the sad kid at the window pane watching all the other kids running around having fun.


SugarAggie
Texas A&M Fan
Member since Mar 2019
175 posts

re: Draft Kings
You should take her diamond wedding ring and sell it. Then invest the money in Draft Kings


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