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Forum » **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
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Thread: **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition

post 1647225033 09-17-2021, 10:42 AM
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#7861
  1. dopamine72
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  1. dopamine72
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Originally Posted By HMFIC_BROWSIN⏩
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
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%
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1647225403 09-17-2021, 10:51 AM
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#7862
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
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Originally Posted By dopamine72⏩
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%
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.
post 1647225803 09-17-2021, 10:58 AM
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#7863
  1. Berts
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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.
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.
post 1647226133 09-17-2021, 11:04 AM
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#7864
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
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Originally Posted By Berts⏩
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.
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.
post 1647226453 09-17-2021, 11:08 AM
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#7865
  1. FlexLex
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Originally Posted By Carbonfibre⏩
Apparently its leaked that FDA won't recommend booster shots

MRNA / PFE uffff

biotech stocks are so dangerous one headline and you ded.
Until the elites stock up on some options and the FDA changes its mind LOOL
Phila crew
Healthcare Crew
post 1647226533 09-17-2021, 11:10 AM
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#7866
  1. dankydank
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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
post 1647226543 09-17-2021, 11:10 AM
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#7867
  1. Berts
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Originally Posted By HMFIC_BROWSIN⏩
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.
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.
post 1647226583 09-17-2021, 11:12 AM
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#7868
  1. FlexLex
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Originally Posted By HMFIC_BROWSIN⏩
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.
Winner is the industry

Roundhouse BETZ ETF
Phila crew
Healthcare Crew
post 1647228683 09-17-2021, 11:46 AM
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#7869
  1. camaleom
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spy looking rough...

bros looking pretty tho lol
"Paper money is going away" - EM
post 1647230423 09-17-2021, 12:10 PM
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#7870
  1. camaleom
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how long before debt ceiling / Evergrande bring the deepest red we have seen since 2008?

js
"Paper money is going away" - EM
post 1647230433 09-17-2021, 12:10 PM
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#7871
  1. Elias373
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PLTR nearly at $30

I can only get so erect
post 1647230973 09-17-2021, 12:17 PM
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#7872
  1. dopamine72
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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.
Originally Posted By HMFIC_BROWSIN⏩
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.
Shiiieeettt you're starting to make me a skeptical hippo jpg

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⏩
PLTR nearly at $30
I can only get so erect
Fuuuuaaaaarrrrrkkkkkkk

Only took about a year to come back lmao
Journal: https://forum.obnoxiousbrutes.com/showthread.php?t=139898123&page=240
post 1647231413 09-17-2021, 12:26 PM
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#7873
  1. Carbonfibre
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Originally Posted By camaleom⏩
how long before debt ceiling / Evergrande bring the deepest red we have seen since 2008?

js
debt ceiling will not be issue they will not allow default

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
post 1647233373 09-17-2021, 12:57 PM
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#7874
  1. BulkingIsHard
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Originally Posted By Carbonfibre⏩
sit on and hands and wait till market is done being dick and than buy calls
I already bought calls though

Free money as they say
https://en.wikipedia.org/wiki/American_decline
https://en.wikipedia.org/wiki/Societal_collapse#By_absorption
post 1647234153 09-17-2021, 01:09 PM
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#7875
  1. camaleom
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Originally Posted By BulkingIsHard⏩
I already bought calls though

Free money as they say
x2 I got me some cheap spy calls
"Paper money is going away" - EM
post 1647234293 09-17-2021, 01:11 PM
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#7876
  1. kusok
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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.
post 1647234613 09-17-2021, 01:15 PM
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#7877
  1. kusok
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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.
post 1647234683 09-17-2021, 01:16 PM
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#7878
  1. thatsnarf
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you guys think misc total portfolio would be over 2.5 million?
post 1647234803 09-17-2021, 01:17 PM
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#7879
  1. Lefticle
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Originally Posted By thatsnarf⏩
you guys think misc total portfolio would be over 2.5 million?
Easily. My stocks alone are currently around $350k (srs)
Always Neg Back Crew.
post 1647234893 09-17-2021, 01:19 PM
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#7880
  1. thatsnarf
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Originally Posted By Lefticle⏩
Easily. Mine is around $350k (srs) alone
here. in this trading forum only. i didn't want to come up with some obscene number.
post 1647235003 09-17-2021, 01:20 PM
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#7881
  1. PattBattmann
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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
post 1647235873 09-17-2021, 01:32 PM
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#7882
  1. Carbonfibre
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Originally Posted By PattBattmann⏩
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.....
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
post 1647236183 09-17-2021, 01:37 PM
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#7883
  1. usersignup2
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Originally Posted By thatsnarf⏩
you guys think misc total portfolio would be over 2.5 million?
Easily. Only takes top 3 miscers to beat that total. Not joking.
post 1647236213 09-17-2021, 01:37 PM
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#7884
  1. kusok
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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.
post 1647236603 09-17-2021, 01:43 PM
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#7885
  1. _zman
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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.
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
post 1647236693 09-17-2021, 01:44 PM
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#7886
  1. PattBattmann
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Originally Posted By Carbonfibre⏩
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
I only bought 15 shares. It not a big deal, lol.
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
post 1647238143 09-17-2021, 02:01 PM
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#7887
  1. Abzu
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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."
post 1647240713 09-17-2021, 02:42 PM
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#7888
  1. Slamt
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Originally Posted By thatsnarf⏩
you guys think misc total portfolio would be over 2.5 million?
even the college students and tradies are throwing 3-5k per option play

thx joe biden

i think we get 2.5mil easy
post 1647241203 09-17-2021, 02:48 PM
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#7889
  1. dankydank
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SPYs at the exact level and time of month it bounces back.
post 1647241513 09-17-2021, 02:52 PM
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#7890
  1. Slamt
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So............... is everybody long SPY at the close or what?


Too late to sell calls now..... RIP
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