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How high will Draft Kings stock go? Still a buy at $63?
Posted on 10/2/20 at 12:19 pm
Posted on 10/2/20 at 12:19 pm
I bought in 15k total at $30 and $35
My best performer since ‘Rona
My best performer since ‘Rona
Posted on 10/2/20 at 12:59 pm to ThePTExperience1969
Been thinking about adding more shares but haven't pulled the trigger.
Posted on 10/2/20 at 1:44 pm to ThePTExperience1969
No idea. I bought in at 32, got greedy. Sold at 45 anticipating a pull back due to covid related issues with pro sports so I could buy back it when it dropped. I'm still waiting...
Posted on 10/2/20 at 5:45 pm to ThePTExperience1969
I bought in the low 30's and holding my shares for a long time I believe there was a price target at 75. This is my largest holding but i'm holding on to buying more until the election and to see if the covid pops up again in the winter months. If it dips back into the 50's i will buy more but long term this will be over 100 in a year or so if the covid doesnt close everything down again.
This post was edited on 10/2/20 at 5:49 pm
Posted on 10/8/20 at 2:28 pm to FLObserver
quote:
If it dips back into the 50's i will buy more but long term this will be over 100 in a year or so if the covid doesnt close everything down again.
Got down to 50.61 today. Did you go for it or holding off?
What's the downside narrative? The share sale by insiders and/or the prospect of pro sports being hampered by the positive tests recently?
Posted on 10/8/20 at 4:50 pm to Jag_Warrior
quote:
What's the downside narrative? The share sale by insiders and/or the prospect of pro sports being hampered by the positive tests recently?
both...short sighted but thats the market.
if you like DKNG you should be buying here
legal sports books had the highest volume ever in SEP
Posted on 10/8/20 at 4:58 pm to cgrand
Yeah Plan on buying more. They keep adding shares everytime the stock makes a run. that seems to drop it for a week or so. I been out of town but wait and see what happens tommorrow may pick up some more. I still believe in a year this will be over a 100.
Posted on 10/8/20 at 5:27 pm to cgrand
quote:
both...short sighted but thats the market. if you like DKNG you should be buying here
Thanks to you both.
So far I’ve just used it as a short term underlying for options trades (usually puts). Very pleased to this point with the IV and price action. The trade I have on now is a 47 strike put sale, but it’s in my investment, not trading account. So if it hits, maybe I’ll hang onto it instead of “wheeling it” with covered calls.
This post was edited on 10/8/20 at 5:29 pm
Posted on 10/8/20 at 7:04 pm to Jag_Warrior
I've been buying a little DKNG but the gap in the 40s could get filled. Not sure and it's all spec at this point for me.
Posted on 10/8/20 at 8:55 pm to ThePTExperience1969
Was bored and downloaded the app. Can we not bet on games in Louisiana through the app? I’m dumb to online sports betting. And if I can’t bet, definitely not worth investing.
This post was edited on 10/8/20 at 8:59 pm
Posted on 10/8/20 at 9:05 pm to castorinho
So, I have to lie about being in Mississippi? Just asking to bet in the future. It sounds dumb. I opened an account when Tulane was beating Houston 24-7 to pick Houston to come back and win. They just kept giving me options to draft a team, not to bet on games.
This post was edited on 10/8/20 at 9:26 pm
Posted on 10/8/20 at 9:37 pm to PotatoChip
Betting via mobile phone is not legal in Louisiana. Neither is it in Mississippi. All you can do in Mississippi is play daily fantasy via DraftKings which you cannot do in LA.
Posted on 10/8/20 at 9:57 pm to PotatoChip
They won't let you play if you have a LA ip address, or a VPN. LA, as usual, is behind on everything.
As far as DKNG, I've been buying this week. I like this as a long term hold.
As far as DKNG, I've been buying this week. I like this as a long term hold.
Posted on 10/9/20 at 9:53 am to kengel2
2nd support level is 48. If it drops under that, I may load up the truck.
Posted on 10/9/20 at 10:31 am to papz
quote:
2nd support level is 48. If it drops under that, I may load up the truck.
Oh, Ill hop back in. It just erased all my earnings from the first go up.
Not taking losses.
Posted on 10/9/20 at 10:33 am to kengel2
Make sure y’all are parking some cash in LCA too...
Posted on 10/9/20 at 10:42 am to papz
quote:
2nd support level is 48. If it drops under that, I may load up the truck.
In what range, 40-41 or even further below?
This post was edited on 10/9/20 at 10:43 am
Posted on 10/9/20 at 10:46 am to kengel2
quote:
Not taking losses.
me either I just dumped mine at break even
I put a buy order in at 42
This post was edited on 10/9/20 at 10:47 am
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