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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
09-17-2021, 09:42 AM
#7861
Originally Posted By HMFIC_BROWSIN⏩
Dayumm son, you gonna keep that in cash or gonna buy something else?
offloaded the remaining entirety of my dkng. 1 year hold, less than 7% returned.
My initial conviction has evaporated. There's too many betting apps now, and the way they're bleeding is kind of nuts. Also, everyone uses fanduel.
Way too many legit companies with positive earnings for me to burn opportunity cost in dkng these days.
^This is your buy signal
My initial conviction has evaporated. There's too many betting apps now, and the way they're bleeding is kind of nuts. Also, everyone uses fanduel.
Way too many legit companies with positive earnings for me to burn opportunity cost in dkng these days.
^This is your buy signal
I've been holding DKNG a while now its still a long hold for me but I'm well positioned still up 30%
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09-17-2021, 09:51 AM
#7862
Originally Posted By dopamine72⏩
Averaging in to BROS, DOCS (if it ever dips)
Dayumm son, you gonna keep that in cash or gonna buy something else?
I've been holding DKNG a while now its still a long hold for me but I'm well positioned still up 30%
I've been holding DKNG a while now its still a long hold for me but I'm well positioned still up 30%
Just when I should be feeling the most optimistic about dkng, I'm seeing how shaky they are given the online betting options that all became immediately available; there is apparently zero barriers to entry.
Spoiler alert; you die at the end.
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09-17-2021, 09:58 AM
#7863
Originally Posted By HMFIC_BROWSIN⏩
Correct, Any company can come in and start up very fast. Only thing they need is the licenses to operate which they can run through a 3rd party like FUNFF with their white label. This sector for me isn't about people betting on the NFL, NBA, etc. Those areas have so much competition like you pointed out. But what about the Esports sector? What about sports betting outside of North America. Casino gambling on their phone/app. Those 3 areas I think is could blow up in the next couple years.
Averaging in to BROS, DOCS (if it ever dips)
Just when I should be feeling the most optimistic about dkng, I'm seeing how shaky they are given the online betting options that all became immediately available; there is apparently zero barriers to entry.
Just when I should be feeling the most optimistic about dkng, I'm seeing how shaky they are given the online betting options that all became immediately available; there is apparently zero barriers to entry.
09-17-2021, 10:04 AM
#7864
Originally Posted By Berts⏩
I agree 100%, but which one of these companies will be the winner? Draftkings is one of the last apps mentioned IRL when I talk with people about this subject.
Correct, Any company can come in and start up very fast. Only thing they need is the licenses to operate which they can run through a 3rd party like FUNFF with their white label. This sector for me isn't about people betting on the NFL, NBA, etc. Those areas have so much competition like you pointed out. But what about the Esports sector? What about sports betting outside of North America. Casino gambling on their phone/app. Those 3 areas I think is could blow up in the next couple years.
Spoiler alert; you die at the end.
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09-17-2021, 10:08 AM
#7865
Originally Posted By Carbonfibre⏩
Until the elites stock up on some options and the FDA changes its mind LOOL
Apparently its leaked that FDA won't recommend booster shots
MRNA / PFE uffff
biotech stocks are so dangerous one headline and you ded.
MRNA / PFE uffff
biotech stocks are so dangerous one headline and you ded.
09-17-2021, 10:10 AM
#7866
I got the bottom of that MRNA dip already up 40%. News doesn’t matter this chit probably gets back to $440-450. Probably some TMO puts 1hourish before close. Not a long term play but there will be profit taking for a quick 50-100% in a week
09-17-2021, 10:10 AM
#7867
Originally Posted By HMFIC_BROWSIN⏩
I wish I knew. I don't believe any of them will be massive. The trend is the big boys buying out the small guys. I predict that trend will continue.
I agree 100%, but
which one of these companies will be the winner
? Draftkings is one of the last apps mentioned IRL when I talk with people about this subject.
09-17-2021, 10:12 AM
#7868
Originally Posted By HMFIC_BROWSIN⏩
Winner is the industry
I agree 100%, but which one of these companies will be the winner? Draftkings is one of the last apps mentioned IRL when I talk with people about this subject.
Roundhouse BETZ ETF
09-17-2021, 10:46 AM
#7869
spy looking rough…
bros looking pretty tho lol
bros looking pretty tho lol
"Paper money is going away" - EM
09-17-2021, 11:10 AM
#7870
how long before debt ceiling / Evergrande bring the deepest red we have seen since 2008?
js
js
"Paper money is going away" - EM
09-17-2021, 11:10 AM
#7871
PLTR nearly at $30
I can only get so erect
I can only get so erect
He/Him/Bro
Let's go Brandon!!
Spectrum crew
Pureblood crew
PLTR moon crew
09-17-2021, 11:17 AM
#7872
Originally Posted By HMFIC_BROWSIN⏩
Averaging in to BROS, DOCS (if it ever dips)
Just when I should be feeling the most optimistic about dkng, I'm seeing how shaky they are given the online betting options that all became immediately available; there is apparently zero barriers to entry.
Just when I should be feeling the most optimistic about dkng, I'm seeing how shaky they are given the online betting options that all became immediately available; there is apparently zero barriers to entry.
Originally Posted By HMFIC_BROWSIN⏩
Shiiieeettt you're starting to make me a skeptical hippo jpg
I agree 100%, but which one of these companies will be the winner? Draftkings is one of the last apps mentioned IRL when I talk with people about this subject.
They do advertise it allot on TV when sports are on, I'm still leaning more towards them having a large piece of the pie compared to the other gambling companies. Like Berts said they'll probably buy out allot of their competitors. I mean, Micheal Jordan is part of that company now so i still have faith.
Originally Posted By Elias373⏩
Fuuuuaaaaarrrrrkkkkkkk
PLTR nearly at $30
I can only get so erect
I can only get so erect
Only took about a year to come back lmao
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09-17-2021, 11:26 AM
#7873
Originally Posted By camaleom⏩
debt ceiling will not be issue they will not allow default
how long before debt ceiling / Evergrande bring the deepest red we have seen since 2008?
js
js
as hard republicans are pretending to care about debt (they all own stocks)
evergrande is interesting one, I don't think CCP will allow it to spill into its markets. if one day china futures go shiit than there might be spill over to rest of world markets
today is just September being September
quad witching
over extended
huge OI on everything ending
gamma coming off the board
fomc next week
same exact scenario happened last year was actually even worse.
this is sp last year yellow is September
I know everyone always wants reason we sell off for everything but sometimes they just take profit, reset and rotate.
btw they are protected to moon on downside for this week and watching option flow lunch time for next week as well SPX / NQ nothing but puts
even if there is more to go next week down
it expensive risk to take as retail
sit on and hands and wait till market is done being dick and than buy calls
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09-17-2021, 11:57 AM
#7874
Originally Posted By Carbonfibre⏩
I already bought calls though
sit on and hands and wait till market is done being dick and than buy calls
Free money as they say
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09-17-2021, 12:09 PM
#7875
Originally Posted By BulkingIsHard⏩
x2 I got me some cheap spy calls
I already bought calls though
Free money as they say
Free money as they say
"Paper money is going away" - EM
09-17-2021, 12:11 PM
#7876
Originally Posted By dankydank⏩
I got the bottom of that MRNA dip already up 40%. News doesn’t matter this chit probably gets back to $440-450. Probably some TMO puts 1hourish before close. Not a long term play but there will be profit taking for a quick 50-100% in a week
I ain’t touching MRNA until under 400 and preferably 375, 350 ideal if there is a crash or any pullback.
09-17-2021, 12:15 PM
#7877
PLTR goes back and forth between $22 and $27 for 700 years:
OMFG! IT”S GOING TO THE MOON! WE WILL NEED ELON TO SEND A ROCKET SHIP TO PICK US UP FROM THE MOON! DIS STONK WILL BE $40 IN FUTURE!
Solana goes from 0.0000000001 cents to quadrillion dollars in 10 minutes:
This is risky, cryptos are risky! LOL at coiners! Crypto will crash and go to zero. Get out now! Abandon ship!
I will never understand investors.
OMFG! IT”S GOING TO THE MOON! WE WILL NEED ELON TO SEND A ROCKET SHIP TO PICK US UP FROM THE MOON! DIS STONK WILL BE $40 IN FUTURE!
Solana goes from 0.0000000001 cents to quadrillion dollars in 10 minutes:
This is risky, cryptos are risky! LOL at coiners! Crypto will crash and go to zero. Get out now! Abandon ship!
I will never understand investors.
09-17-2021, 12:16 PM
#7878
you guys think misc total portfolio would be over 2.5 million?
09-17-2021, 12:17 PM
#7879
Originally Posted By thatsnarf⏩
Easily. My stocks alone are currently around $350k (srs)
you guys think misc total portfolio would be over 2.5 million?
See title.
Always Neg Back Crew.
09-17-2021, 12:19 PM
#7880
Originally Posted By Lefticle⏩
here. in this trading forum only. i didn't want to come up with some obscene number.
Easily. Mine is around $350k (srs) alone
09-17-2021, 12:20 PM
#7881
Of course, I bought BROS at the open and have a huge loss. However, you guys told me that it is a good "long-term" hold…..
Queen > Beatles crew
Megadeth > Metallica crew
How the heck is King's X not considered one of the GOATs?!?!??!?!?!
Utah Jazz crew
Tennessee Titans crew
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09-17-2021, 12:32 PM
#7882
Originally Posted By PattBattmann⏩
do your own DD nobody here is financial advisor
Of course, I bought BROS at the open and have a huge loss. However, you guys told me that it is a good "long-term" hold…..
what did you buy 1000 shares??
you scale in. start small 50 shares / 100 shares. (buy 10 today than next week more etc)
can lower cost average by scaling in. you know that hype phase is on atm.
for ipo most hedge funds won't even look at it till 6 months pass
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09-17-2021, 12:37 PM
#7883
Originally Posted By thatsnarf⏩
Easily. Only takes top 3 miscers to beat that total. Not joking.
you guys think misc total portfolio would be over 2.5 million?
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09-17-2021, 12:37 PM
#7884
Originally Posted By thatsnarf⏩
you guys think misc total portfolio would be over 2.5 million?
Misc total is probably bout $350 mil. Srs. Everyone here is lambos and CEO 10k/day.
09-17-2021, 12:43 PM
#7885
Cathie's team did their due dilligence on DKNG. They wouldn't have invested in them if they didn't have a competitive advantage. It also doesn't mean they could be wrong. I don't know what their competitive advantage is over each company they compete with. But if the barrier to entry is low, then obv someone is going to come out on top and buy out the competition. Which means, all of them could be worth investing in, because it seems like a profitable market with no where to go but up, unless the fed steps in.
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09-17-2021, 12:44 PM
#7886
Originally Posted By Carbonfibre⏩
I only bought 15 shares. It not a big deal, lol.
do your own DD nobody here is financial advisor
what did you buy 1000 shares??
you scale in. start small 50 shares / 100 shares. (buy 10 today than next week more etc)
can lower cost average by scaling in. you know that hype phase is on atm.
for ipo most hedge funds won't even look at it till 6 months pass
what did you buy 1000 shares??
you scale in. start small 50 shares / 100 shares. (buy 10 today than next week more etc)
can lower cost average by scaling in. you know that hype phase is on atm.
for ipo most hedge funds won't even look at it till 6 months pass
Queen > Beatles crew
Megadeth > Metallica crew
How the heck is King's X not considered one of the GOATs?!?!??!?!?!
Utah Jazz crew
Tennessee Titans crew
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09-17-2021, 01:01 PM
#7887
Another lovely week.
Originally Posted By thatsnarf⏩
you guys think misc total portfolio would be over 2.5 million?
I: Self, Lord and Master.
"I rub my hands when my palms itch."
"I call you Son not because you Shine but because you Mine."
09-17-2021, 01:42 PM
#7888
Originally Posted By thatsnarf⏩
even the college students and tradies are throwing 3-5k per option play
you guys think misc total portfolio would be over 2.5 million?
thx joe biden
i think we get 2.5mil easy
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