DKNG

SNDLstocktomoon

DKNG.....this country was founded on the gambling principle, this wont stay cheap very long!🚀🚀

frogdog9000

The sports gambling numbers from this weekend are gonna be absurd. PENN. DKNG. PDYPY. 🔨 🔨 🔨

pleasehaelp

DKNG has been pretty fucking consistent

riskybizbaz

I was a big supporter of DKNG and was with it throughout its ascent, the online platforms beat the casinos to it, but now the casinos are here

partybarty99

DKNG

TotheMoon-88

Calls on DKNG

avidlives

DKNG

User_Simulator

Everyone who has been with the idea of buying COIN leaps I'm not buying at $38k or so $DKNG Thank me later If you have overall? ~ KAM\_520 ----- [^^Info](https://github.com/trambelus/UserSim) ^^| [^^Subreddit](/r/User_Simulator)

B1gChuckDaddySr

Your missing TDOC SFIX DKNG CRSP DOCU

Sir_Bryan

SQ, COIN, NET, CRWD, MTCH, ATVI, DKNG, CRM, PLTR, SOFI, and every Chinese tech stock if you’re into that. Those are just the ones on the top of my head that I’ve been looking at. I’m sure there are many others. Some of these are probably closer to 40-50% off highs, not 60%+.

regarding_your_cat

My state (OR) makes you do all sports betting through the state lottery board. They have their own app for sports bets and it’s actually pretty solid. They announced the other day that they’re officially partnering with DKNG and switching the app over to Sportsbook or whatever it is. Pretty fucking annoying tbh

-C20H24O3

DKNG to sub 20

ALL_GRAVY_BABY

Not real familiar with Fubu. Disney has had a relationship with DKNG. Plus, they own ESPN... So they would seem to be the most logical acquirer imo.

usherftw

I like SKLZ, DKNG and CHPT the most. DCA to these for future.

OX45-Tall

If it's any consolation it isn't even just cannabis stocks. Check the charts on ROKU, DKNG, FCEL or a bunch of "Growth" stocks. They have all been hammered. At least the numbers and growth makes somewhat sense where cannabis is going.

BurnerBurnerBurns20

too many names in betting, DKNG spending too much on advertising.

InvestTradeEarn

No one will drain the trust on Impossible Foods if they IPO,, or another DKNG.. or any other great company DCRN was DAd with too high a valuation.. now valuations are down.. there is light at the end of this tunnel

ALL_GRAVY_BABY

Ahhhh.... Have you been to Las Vegas ? It never stops growing. ESG investing ? ... What does that have to do with DKNG ? They're burning through cash right now for customer acquisition... But the industry will consolidate eventually and DKNG will be a dominant player. Their growth rate is phenomenal.

KopOut

Stuff I’ve been buying for the past several weeks: PYPL, SQ, DKNG, COIN, ABNB, GH, CRSP, TDOC and a few others.

AnElephantKnows

Sports gambling in the US seems incredibly unattractive, given the IRS will tax any profits (and you actually need to itemize to offset losses) and individual states are putting their own taxes on the operators. Applying logic to a vice like gambling might not be the best approach, but the regulation in the US will make the average gambler lose money incredibly quickly, which has to be bad for long term growth. The wave of ESG investing will also be bad for institutional holding in DKNG. Though if it’s profitable that shouldn’t matter too much in the long term

ALL_GRAVY_BABY

DKNG Only 18 states currently with legalized gambling. Huge states to come. Eventually will get acquired by a media company (Disney ?) and fully integrated into a streaming platform (Hulu and possibly multiple platforms) allowing people to gamble directly from their couch while watching games. While it's been beat up ... Now is the time to accumulate. You're welcome.

kmarshall9093

DKNG is such a piece of shit. Which I don’t understand.

TrueHeroIke

For ex, next week. the max pain for PLTR is 20( current 15.98). CRM $240 (231.61). HOOD $20(15.23). DKNG $40( possible squeeze? current price 23.15). TDOC $120(79.65). DNA $10(5.86)

OracleOfWallStreet

Buy $U $SOFI $UPST $CRWD $DOCN $DKNG $STNE $HIMX $PLTR $RBLX Thats my advice.

LifeInAction

Literally just explained to you lol, here's the link for you too see. They're literally bleeding money every single month, how do you think they're surviving if there's no money coming in? Answer is debt. Anyway, assuming you're a DKNG supporter, we'll see how next couple months unfold, can't really call future, but hopefully both of us can agree, anyone that's held DKNG, has pretty much been bleeding last couple months. Upvote or downvote, people agreeing or disagree is subjective, but money gain or loss is there, that's something no one can debate on. https://finance.yahoo.com/quote/DKNG/financials?p=DKNG

thelandonblock

What makes DKNG a meme stock? Because a few people mentioned it on WSB? Online sports betting isn’t even legalized nationwide yet. Draftkings has brand recognition and will definitely be on top of the industry once the dust clears with all of this volatility. It’s going to get to a point this year when the stock is just too cheap.

CielSchwab

It’s not a DKNG issue or you haven’t seen the sector sell off ? besides these short term movements are meaningless

ggumdol

As mentioned by u/innnx and u/r2pleasent, DKNG will not even be profitable for the time being. The corresponding market segment will surely grow in the future but the "profit" is not likely to grow easily. Note also that there are also many, arguably much more promising, European competitors in the associated market (providers and software developers), most of which are making huge profits, unlike DKNG. My overall impression is that the competition is simply too fierce. DKNG is basically sacrificing everything to increase its market share. It boils down to whether you believe in this questionable strategy or not. I suspect that most people do not buy this strategy now.

Hedgemonic

First off, if you’re going to compare an online only global betting/iGaming stock to a biotech and a tech stock then we can just not go any further. ‘Cuz SPAC’ isn’t a reason. Also, as I mentioned before, SEAH’s valuation was never determined by TAM/growth stock metrics from the outset, even though the sector it is in has many that did use that metric. Many SPACs that have come to market and are now trading well below NAV had PIPEs that were redeemed shortly after de-SPAC. Add in the HFs shorting and lack of profits and that’s why those companies are doing so bad. SEAH/Super Group isn’t even like companies in their own sector that have undergone the transition like DKNG and RSI. A lot of gambling companies have been decimated because they were way over valued and are not profitable yet.

chungusthesmallz

Ive never held a loser before until i got DKNG a couple months ago for 39

JordanAli8112

What are you thoughts in DKNG?

LifeInAction

I'm on the go now, forgot exact amount, but if you go to yahoo finance, type in DKNG, or really any ticker you're interested in, there's a tab with it's financials, click that and should hopefully say!

Zestyclose_Income290

DKNG down 78% and 82K

Apprehensive_Bat_388

I know you Hood and DKNG bag holders are in here. Make yourselves known

r2pleasent

DKNG is a PoS. But there's other companies that actually make profit which have been dumped hard. ZM, COIN, LULU for example. If these stocks continue to grow revenues they could easily double or more within a couple years.

NotDoneYet-1999

Well my Baba was. But average down and it’s looking up lately. LVS - another average down and after today I feel so much better. I have 5 others that I have averaged down and waiting. All Red. CGC DKNG WWR VLDR CHWY Other nibbles on some really depressed small caps.

Track_Boss_302

Agreed. Things aren’t going to be like the last couple of years where you could pick any random stock and it will just keep trending up. “Investing” in DKNG? Lol there’s no way that doesn’t hit single digits this year

Ok_Imagination_5811

You're winning on sports bets? Puts on $DKNG!

drew-gen-x

I say go with your 3 choices $KO, $T, and $DKNG. There is a reason you choose those 3. Plus Coca-Cola and AT&T are stable blue chips that aren't going anywhere that will help balance out the risk and volatility of Draft Kings. Just make sure to reinvest the dividends of Coca-Cola and AT&T into more shares.

MASH12140

Cathie Woods cost average in a few stocks: TDOC $163.91, current $78.50 DOCU $230.13, current $130.59 ZM $324.65, current $162.10 ROKU $263.46, current $162.10 DKNG $50.94, current $24.24 So don’t feel to bad 🤡

BPCGuy1845

Draft yourself some DKNG

redcedar53

At this rate, DKNG heading straight for sub-20. Jesus.

johnfromvancouver

Let's ignore fundamentals and just proceed to the assumption that most wealthy people didn't get that way by being stupid. They may be a bit lazy so they're waiting for their credit cards to renew so that their subscriptions get cancelled but they aren't going to sink any more money than they have into the clothes rack in the corner that kind of looks like a bicycle - but they're not stupid. They'll drive a LCID car that they may buy from an AN dealership. They'll place their sports bets ond DKNG. They'll exercise on a PTON bike. They'll have meetings on ZOOM. They'll sign contracts on DOCU. They'll be vaccinated with MRNA. And they'll avoid buying all of those stonks like they're the plague.

Random_Guy_47

Hedge your gambling by buying stick in DKNG. Lose in the betting shop/website, gain on the share price.

TangledLoins1

DKNG

QuarantinoQueue

Im in the same boat. Average is $40. If DKNG goes to $15 imma apply at Wendy’s.

guachi01

DKNG looks like garbage. The other two won't give you big growth. Note: I own AT&T and plan on buying either Coke or Pepsi very soon. But I'm not buying them for "big growth". I think Coca Cola is a solid company with decent dividends. AT&T had a rotten 2021 but has potential to right the ship in 2022. I don't expect amazing things, though.

r_ventura_23

i am 5k from an all time high, but these last two days along with DKNG and a few other shit stocks, I feel like I am at an all time low.

zdonowitz

Put 80% of your money in VTI and then play around with the rest. KO T and DKNG would not be my stocks of choice but thats up to u

broot67

Don't know how much more downside there is to DKNG....down 70% from its peak. Might hit $20, but don't think it goes much below. Good value selling some puts to fund purchase of longer out of the money calls.

ClapboardArchipelago

I made money on DKNG shares this month AMA

sincitygames

Is WSB just done going all in on a single ticker? How come when that guy came out and said he was shorting DKNG did they not take him on? Seems great ticker to do it. Not too high marketcap and a stock most younger folks want to own.

slanginthangs

DKNG headed to the teens for sure. What a steaming stink pile

guachi01

Wow. I just looked. DKNG is down 69% from its ATH and it's still up over 100% since the beginning of 2020. That stock could drop another 50%, easily.

PositiveWestern

Agreed, DKNG has been my favorite stock -- and perhaps my largest return -- but I don't have a single stock in it. I'm just one of their users. I've made over 1000, possibly closer to 1500, just being a new user. And hand to god i hardly even gamble, I've maybe put down two or three bets a month

rebsncaps

No $DKNG MOON!!!

Helpyeehelpyee

$PLTR and $DKNG people for the love of God stop buying at these prices. Look at $RKT, $FUBU, and $HOOD. That is the next stop for you. And after that, all 5 may go down to the sub $3 like $WISH. There is no reason to light your money on fire.

tells

DKNG goes 100 mph on a scooter with no helmet. i see hard competition from established brand name casinos and a lot of cannibalization from their current revenue generators. if they can keep this up for a few years it may pay off, but one fuck up and they could wreck themselves.

redcedar53

Can’t believe DKNG is -7% today. It started green today too. Wtf.

VisualMod

**Ban Bet Created:** **/u/Ok_Imagination_5811** bet **DKNG** goes from **22.8** to **21.0** before **2022-01-21 13:18:12.601504-05:00**

Ok_Imagination_5811

!banbet DKNG 21 1w

DirtyJimCramer

$DKNG literally going to zero

n00bs1ayer

Is DKNG even real anymore?

StrictDefinition4

What’s going on with DKNG two days -7%

johnreese421

whos crying with me in FUBO, HOOD, SOFI, DKNG tears?

qwertyaas

DKNG just getting brutally murdered day in and day out.

beanqueen88

DKNG

Apha-apha

DKNG leaps!!

redfour0

Starting to load up on CRSP using my speculative allocation money. Considering adding some DKNG as well.

YeetGawdMcNeckAss

How much longer will you endure the DKNG torture? Ive almost had enough

kodaksdad2020

DKNG as well

joe183288

In the last month I’ve sold all my PLTR, NET, DKNG & ARK funds and moved the money over to APPL & MSFT..NET made me money and The rest lost me money. I was just tired of stressing over all of it.

deanstreetlab

I thought Cathie said DKNG is a top innovative stock

Hanno54

and here I thought I was a genius buying DKNG at $44

lamabaronvonawesome

I was thinking DKNG got over hyped in wsb because it's full of degenerates so they have a bias toward anything gambling as being a big thing. Just a thought.

jhoffman1844

Down nearly 50% overall on DKNG. Do I hold, sell, or buy the dip?

edwardgentile

DKNG is going to 0

innnx

Companies that have negative earnings while interest rates are at 0 can and probably will continue to go down. When i look at DKNG i see that their market cap is 10B (!!) but their yearly revenue is arround 1B. Thats revenue, not earnings. Their earnings its negative 1.2B so far ytd. This is the kind of shit people would want to avoid as interest rates increase. Unless they like a gamble or have some inside information that they will suddenly become profitable. This is just one of many examples of companies suck where the stock price hopefully will reflect it soon. Just because the price was high at some point does not mean it will ever return to that value.

rebsncaps

If DKNG could go to $60 again that would be nice

smokesblunts11

My DKNG 52 week low notification goes off every day

Justastonkie

DKNG will not make to super bowl

redcedar53

Are stocks like DKNG and ZM ever gonna go back to their ATH?

redcedar53

I wonder if Cathie looks at the price movements like we don like, shit. She lost 50% on DKNG alone

RaisedByMonsters

Not enjoying my DKNG position so far today.

Mcjibblies

DKNG presents with BDE, but then is really only good at getting gaped

InvestWisely77

The market is starting to normalize...I see DKNG's is headed towards -3 percent.

quietawareness1

.. and... ROKU, NFLX, DKNG, CRM. The constant hate on INTC. Only time I fell for a decent DD on this sub is buying BB @ $10. And boy I still carry that weight. I like the stock but it's heavy to hold haha.