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re: Draft Kings

Posted on 5/15/20 at 10:18 am to
Posted by Jwodie
New Orleans
Member since Sep 2009
7194 posts
Posted on 5/15/20 at 10:18 am to
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.
Posted by BuzzSaw 12
The Dark Side Of The Moon
Member since Dec 2010
5215 posts
Posted on 5/15/20 at 5:10 pm to
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.
Posted by Awesome All Day
Plaquemine, La
Member since Jul 2011
782 posts
Posted on 5/18/20 at 7:40 am to
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.
Posted by SugarAggie
Member since Mar 2019
343 posts
Posted on 5/26/20 at 3:54 pm to
I fricking love this stock
Posted by BowDownToLSU
Livingston louisiana
Member since Feb 2010
19216 posts
Posted on 5/26/20 at 4:09 pm to
quote:

fricking love this stock
damn I missed out. I’m going to have to lurk on this board more
Posted by BuzzSaw 12
The Dark Side Of The Moon
Member since Dec 2010
5215 posts
Posted on 5/26/20 at 6:21 pm to
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.
Posted by SugarAggie
Member since Mar 2019
343 posts
Posted on 5/26/20 at 7:16 pm to
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.
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5277 posts
Posted on 5/26/20 at 10:29 pm to
I’m up 50% and I’m not selling. This one is a bull.
This post was edited on 5/26/20 at 10:31 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
14438 posts
Posted on 5/27/20 at 7:38 am to
Yeah this one is going up while all my techs are going south.
Posted by Anguyen504
Baton Rouge
Member since Sep 2014
601 posts
Posted on 5/27/20 at 8:23 am to
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
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 5/27/20 at 8:27 am to
I bought in at 21 thinking I was late to the game. Also bought GAN at 11. Both have been nonstop.
Posted by Jwodie
New Orleans
Member since Sep 2009
7194 posts
Posted on 5/27/20 at 4:29 pm to
Sold half of my warrants yesterday at 250% gain. Riding the rest for now.
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 5/27/20 at 4:34 pm to
Better sell the rest or exercise them within 30 days.
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 5/27/20 at 4:51 pm to
$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.
Posted by Jwodie
New Orleans
Member since Sep 2009
7194 posts
Posted on 5/27/20 at 4:53 pm to
Saw that...probably for the best. Built in greed blocker.

Posted by SugarAggie
Member since Mar 2019
343 posts
Posted on 5/28/20 at 9:48 am to
Premier League announced they are returning June 17th and draft kings is crushing it again today.
Posted by SugarAggie
Member since Mar 2019
343 posts
Posted on 5/28/20 at 10:18 am to
Also Draft Kings is looking to acquire bleacher report
Posted by WB504
New Orleans
Member since May 2008
5871 posts
Posted on 5/28/20 at 10:35 am to
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.
Posted by stewie
Member since Jan 2006
3948 posts
Posted on 5/28/20 at 10:35 am to
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.
Posted by SugarAggie
Member since Mar 2019
343 posts
Posted on 5/28/20 at 10:47 am to
You should take her diamond wedding ring and sell it. Then invest the money in Draft Kings
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