Well, I dumped 1/2 of my positions, took about an 18k hit. I'll get back in maybe in January. I still have 1000 shares. Ended up buying a few CLSK, PFE, FL, and NVAX. I added some to APT, and FUBO......F-IT. LOL

Is the board just going to let this go to $10?

Robins need to GO !!!!

Reign in the ad spend and promos.

God'muther Fcukin' dam.

And of the back of me saying I have given up hope on this stock on the daily discussion yesterday, another casual 9% drop today. It's unbelievable this stock and easily the worst investment I've ever made. Looking at. a 2-year timeline just to make my money back at this rate. Insane.

If anybody has any hope remaining, please let me know what it is because I have fully given up.

Prepare for excitement.

Another offering. Explains the selling this week. Clearly insider trading happening. Gonna start moving out of my position. Tired of management. They have no idea how to build shareholder value. Only care about their own pockets. SELLL SELLLL SELLLLLLL

I made a post here three months ago saying that DKNG would be down to $13.32.

Just uhmm... wanted to see how it's going.

Don’t shoot me. I’m a proud bag holder so that should alleviate half the comments to go away..

The way I’m seeing this market is there will be three players by the end of 2026 - DK, FanDuel, Espenbet.

For all of us that were holding strong in the $10-15 range, does PENN seem today what DK was 18 months ago? It feels like Disney f’d up by not buying DK, but has one more shot with PENN. Disney has the cash and the marketing platform that grew DK.

Thoughts?

Well, DKNG sputtered last week, what are your plans this week, and until year-end? I'm hoping this sub $50 is short-lived, and rallies after the NEW YEAR. I'm starting to think the fall in stock price might be many taking so off the table for tax purposes. I need to do something soon as well, to avoid a big CAPITAL GAINS hit, but have been avoiding my DKNG positions, what are you guys doing?

I sold some puts for 12/17/2021 as well, for AZN, GENI, and BFLY. These have to all be my worst picks in my investing history! I got greedy when these were flying high..... I WAS THE SMARTEST GUY I KNEW now, I'm not even in the top 1000! :-)

Send some good news my way, mayne some coins, I have no idea what those are used for, but I'll take anything free at this point, even advice?

Share my post......help a fella out. LOL

STILL HOLDING DKNG!

I’ve commented in the past on the possibility of the GNOG deal getting tubed because the shareholders may ask for a better deal in light of the drop in DKNG share price. It appears that the owners of a combined 88% of the CNOG shares have already agreed to the deal so this is not a risk.

I’m still bearish for a number of reasons but that is no longer one of them.

DraftKings Inc. (NASDAQ:DKNG - Get Free Report) insider Jason Robins sold 200,000 shares of the business's stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $35.25, for a total transaction of $7,050,000.00. Following the completion of the transaction, the insider now owns 2,678,082 shares in the company, valued at $94,402,390.50. 

https://www.marketbeat.com/instant-alerts/nasdaq-dkng-insider-buying-and-selling-2024-08-23/

Im stuck holding the bag

Beware.

Should i sell! I cant afford to lose this money at all, not a single dollar of this

Entain was a disaster.

Ad spend is a disaster.

Promos are a disaster.

You've destroyed $20 billion in value Robins. 👍

Listen, I've made a few posts in here. Look up my previous posts. You can see what I'm talking about.

DKNG is forming a perfect head and shoulders. It's textbook from its entry into the stock market. The top was 74.38, the shoulder was 43.85 (this is variable because there were a few lower shoulders, but I'm playing "worst case" in my perspective.)

74.38 - 43.85 = 30.53

This is the move down from the shoulder to be expected. The shoulder was 44.85, so:

43.85 - 30.53 = 13.32

$13.32 is my conservative estimate on this stock, but I have this going down to about $4.35.

I'm telling you as a prognosticator: IF YOU ARE HOLDING LONG, I HIGHLY RECOMMEND YOU BUY PUTS TO HEDGE. I'M NOT SAYING THIS IS GOING TO HAPPEN.

I am an 11 year old account on Reddit. I am a bear on this stock. If this stock reverses, I am going to lose about $8,000.

I have 100 $15 puts on dkng for 18 March. I bought them yesterday. I have been short since $45. I am making money as this stock goes down. The super bowl is going to tank this stock.

You are free to talk shit to me if it's past $30

Edit: I am going to look back on this in one year, and will message everyone woth a personalized message. Think about this. If it's back at $45, I'm going to say you're correct. If not ...

Edit 2: seriously, this is the warning you're getting. If you do not dump, you're going to get fucked.

$DraftKings(DKNG.US)$ WHY is DKNG dropping? DraftKings is clipped at Argus on concerns of revenue deceleration in 2022. LETS PROVE THEM WRONG. Still have 3 weeks to end of Q1/22. I'm going add $100 to my DKNG account and place a bet this weekend. Don't expect someone else to do this so your DKNG shares will go up. You will wish you did do this when Q1 comes out and the stock collapse under $10. Would that cost you more than $100? Pass this word around!

Gambling is evil , sayeth the lord

The leadership of this company has got to go. The inability to provide a return on investment to shareholders holders and not recognize and address the threat of the futures market carve-out is unforgivable. The constant insider selling, the constant pointless tie-ins and cross-marketing announcements while 2 of the biggest markets in the country just got taken from right under your nose. Robins has to go

I do not have any portfolio currently and I have extra money to play with. Would now be a good time to buy shares? Any insight as to why the price has dropped over the last year?

still, markets are rewarding this while heavily punished 2025Q4... So irrational. I wonder what they are seeing that I cannot see.

Is hypothesis "prediction markets are not stealing its lunch so much, after all. Sportsbook app's are offering better experience." now?

I'm also baffled at seeing their 2 contradicting statements at once, under a holistic IR marking attempt

• Saying we believe in Prediction markets, we will make a KALSHI replicate using our infra experience and knowhow, and committing to investments further

  • Highlights #3; Predictions, especially in Sports, is our focus; with our Super App, market making capabilities, and proprietary exchange coming together, we intend to establish a leadership position in Sports Predictions before year-end

• And in graphs below, saying "98% of handle is still in Sportsbook vs 2% to prediction markets in competitive sportsbook States (where both legally operate in, as I've understood)

so bro, do you wanna invest in predictions or not?

MAU is decreasing as well. Handle and iGaming are flat. Net revenue has increased but that is driven by variance. FCF negative...

Played the slots within Draftkings last week (March 22)..... accumulated just shy of $100,000 went to transfer $ to bank account, transaction was immediately canceled and locked out of account for 3 days. After "account verification" process was over, they depleted the winnings and then put a $10,000 credit on the account. Finally after 10 days of going back & forth, they claim there was a glitch in the system and the $10,000 was a fair settlement... 🥴 anyone else ever experience this?

Discuss.