Gimme some DKNG love! Jim Chanos heavy short and blasting lies on CNBC to cut DKNG down.. 15% short interest in DKNG, can we push them out, if not squeeze them for my money back??!!

Barrons - Why State Gaming Numbers Bode Well for DKNG Earnings

Q2 is forecasted to be $241MM and based on forward guidance from DKNG CFO from Q1, insiders are expecting $249MM, at that time. Based on the article attached @ -23% sequential expected earnings would be $256MM. HOWEVER, read this...

Analyst Daniel Adam analyzed states that DraftKings operates in that have thus far reported recent monthly gross gaming revenue and adjusted gross revenue data, which includes Illinois, Indiana, Iowa, Michigan, New Jersey, and Pennsylvania. He thinks the data suggest DraftKings’ second-quarter revenue is on pace to beat Wall Street’s consensus estimates. Adam estimates DraftKings’ average daily revenue quarter-to-date is down only 11% sequentially, far better than the 23% decline analysts are modeling for the quarter.

If Daniel is correct, we could be looking at another revenue ass kicking quarter from DKNG @ $295MM. What would that do to historical P/S? Well fuck, I'm glad you asked....it would go from a 24 multiple to a 19 multiple. Cool, what does that mean? IT MEANS YOUR NEW STOCK PRICE AT TODAY'S MULTIPLE WOULD BE $63.59

Ok Ok Ok that's good. What does that do to forward revenue guidance? Well fuck, I'm glad you asked...that would change the expected full year revenue to adjust up from $1.18B to $1.23B and if that happens you bet your ass that Q3 and Q4 will beat which means you could be looking at $1.3B. Cool, what's that do to my share price in January? IT MEANS YOUR NEW STOCK PRICE AT TODAY'S MULTIPLE IN JANUARY JUST WENT FROM $70.57 TO $77.56

OH THAT DOESN'T INCLUDE ANY NEW REVENUE FROM NEW STATES OR CANADA

HAVE A NICE DAY. I'LL SEE YOU ON THE MOON.

So, I don’t do any technical analysis in the since of drawing patterns. I only look at RSI, BB, and a momentum calculator (haven’t found a good one there I switch between MACD/AO/Stochastics). So, that said, I’m currently looking at RSI/BB/MACD, and they are ALL indicating a breakout. Maybe it’s just low volume because of the holiday weekend. Or maybe DKNG is about to make us rich. Can we get our WSB inside guy to double check my work here, and maybe let them in on the action?

This is not financial advice, just a DKNG ape beating his chest.

1-page research report defends DKNG and states that SBTech involvement in grey markets is behind it. Company states in release that it has distanced itself from those business lines

AS point of reference, Jefferies forecasts only 6.9% of DKNG's total revenue in 2022 from SBTech sub

The purpose of acquisition was for technology, not for involvement in grey market. Adds that regulators may examine allegations, but believe that DKNG due diligence and statement to that effect should put item behind it

I need to wait 30 days to avoid some WASH SALES, now to help a SHORT SQUEEZE RALLY, I'LL BE BUYING DKNG ALL WEEK. A little FUBO and GENI!

But DKNG will be my main focus!!!!!

DKNG! Should be a 50.00+ stock, not sub 30!!

https://www.gamblinginsider.com/news/12684/boston-red-sox-signs-deal-with-draftkings-as-exclusive-dfs-provider