TroutHouse
Short

DKNG - 6/26 @37p

NASDAQ:DKNG   DRAFTKINGS INC
NASDAQ:DKNG is great and the gamblers I know swing between this and FanDuel.

Since US sports are returning gamblers will no longer have to bet on Korean baseball (although they've gained some loyal fans).

They'll return back to their normal bookies and this hype will drop .

Just grabbed some PUTS and will watch this drop down to low 30s - high 20s.

That being said, we could see some buying before we drop so be ready to weather the storm if hopping in.

Comments

Don´t fight the trend man.
+1 Reply
TroutHouse TenienteDan
@TenienteDan, Still think medium to long-term trend is down. Buy you're right. Not fighting this current trend
Reply
Hows the storm so far? ;)
+1 Reply
TroutHouse Exar_Kun
@Exar_Kun, We got out yesterday morning so wasn't too bad for us. Did you make some money?
Still going to re-enter this at some point this week.
Reply
Exar_Kun TroutHouse
@TroutHouse, I had no money in this particular game. I quite like Zil and BTC cryptos. Oil is still looking good provided the government doesn't implement another shut down.
Reply
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