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I need to start a long position in DKNG
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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Time to put a couple of racks into DKNG I guess. Too much potential of all major sports (MLB, NBA, NFL) returning around the same time not to.
Short term play, for now.
Short term play, for now.
SpittaJetLife
Banned
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True.
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Y’all shoulda got in with me at IPO - start a nice position now
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Yall gotta be a little more forward thinking, shoulda been in draft kings but not too late either. Let the rh’ers buy from you.
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It will be interesting - you would imagine people don’t have money to gamble but we shall see. Do they take CC? I’ve never been on the site
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I didn't even realize that they went public
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Popped real quick - made an easy 25k
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I used to be heavy into DFS on Fanduel and had no idea Draftkings was public either, not until this year at least.
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Do they accept CC?
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Yep debit/credit/PP
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So revenue and growth won’t be an issue because people who can’t afford to gamble will just charge it...
Interesting
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Very meta
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Yeah people who gamble will always gamble no matter what sadly.
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Im very grateful for covid in that aspect. Left me no choice but to stop. But now i got into options gambling haha. Uh oh
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Sports betting is legal in 17 states, some of which do not allow online betting yet. So there is a plenty of upside with more states legalizing. Something to consider though is that UK betting outfits are creeping into the US market, which presents some competition for DK and FD as well as the major Casino companies like WYNN and MGM.
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They need to legalize it in Texas
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Im curious, DKNG claim their median consumer makes 122k - do you agree with this?
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legalize online gambling with live casinos in ny and they can have all my money
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Whats up NT!
I haven't been here in a while. Not sure if too many of you invest in foreign currency markets. But its been a while. I recently got back to posting technical analysis on trading view and I'll post them here when I can if y'all are interested.
Here I did a technical analysis on the pairs GBP/AUD. I saw the retracement and I entered with the green as my take profit and my stop loss right above the wick on the red candle. I knew that the pair will fall down to -.27 levels for sure and that is where I would close my trade. There is a clickable link below that takes you to the chart and you can click *play* and watch it play out.
target was achieved.
www.tradingview.com
I haven't been here in a while. Not sure if too many of you invest in foreign currency markets. But its been a while. I recently got back to posting technical analysis on trading view and I'll post them here when I can if y'all are interested.
Here I did a technical analysis on the pairs GBP/AUD. I saw the retracement and I entered with the green as my take profit and my stop loss right above the wick on the red candle. I knew that the pair will fall down to -.27 levels for sure and that is where I would close my trade. There is a clickable link below that takes you to the chart and you can click *play* and watch it play out.
target was achieved.
GDP AUD SHORT for FX:GBPAUD by Adrian1221
ON DAILY ANALYSIS WE SEE A PERFECT RETRACEMENT AT .618 LEVEL. SET STOPS 20 PIPS ABOVE WICK AND EXPECT DROP BELOW TO -.27, A BOUNCE BACK BEFORE BREAKING THROUGH AGAIN FOR ANOTHER SHORT.
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does anyone feel like the market is going to drop again? and that the first wave was simply the reaction to covid? and that we haven’t actually experienced the economic loss yet
what i’m really saying is...is anyone else converting to cash for the next 6-12 months to see if that happens. And then jump back in at 10-20% lower prices?
what i’m really saying is...is anyone else converting to cash for the next 6-12 months to see if that happens. And then jump back in at 10-20% lower prices?
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$DKNG
