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Hauler

Planting trees I'll never climb.
Feb 3, 2016
41,697
54,269
DraftKings (DKNG) getting HAMMERED today.
Down 21%

They beat estimates, but reported a loss. They spend a shitload in advertising, but they should see a windfall of money as more and more states legalize gambling and their sportsbook can be used by customers who already have the app on their phone.

The only question is how much of that market do they grab?

52 week low- $9.77
52 week high- $47.42
Current: $12.46

Looking at historical data, it *should* recover to around the $15 level next week, but I think the stock stays mostly stagnant until Q1/Q2 2023.
 

Wild

Missing you Pey
Admin
Dec 31, 2014
77,940
117,158
DraftKings (DKNG) getting HAMMERED today.
Down 21%

They beat estimates, but reported a loss. They spend a shitload in advertising, but they should see a windfall of money as more and more states legalize gambling and their sportsbook can be used by customers who already have the app on their phone.

The only question is how much of that market do they grab?

52 week low- $9.77
52 week high- $47.42
Current: $12.46

Looking at historical data, it *should* recover to around the $15 level next week, but I think the stock stays mostly stagnant until Q1/Q2 2023.
Down 27% now. Makes me want to load up.
 

Enock-O-Lypse Now!

Sigma Empath
Jun 19, 2016
10,820
18,511
Amazon sell off the past year:


Walmart selloff past year:



Reminds me a lot of when all the top CEOs of various companies started resigning right before Covid hit .....
 

Hauler

Planting trees I'll never climb.
Feb 3, 2016
41,697
54,269
Tesla (TSLA) down 4% today
It's currently trading below $200/share

It was tickling $400 earlier in the year.
 

Hauler

Planting trees I'll never climb.
Feb 3, 2016
41,697
54,269
DWAC now up 60%.
67%

That's a hell of a day.

And if what we all assume is going to happen actually happens tomorrow - the giant red wave - I wouldn't be shocked if we see another 20% tomorrow.

 

Enock-O-Lypse Now!

Sigma Empath
Jun 19, 2016
10,820
18,511

View: https://www.youtube.com/watch?v=MtBGjr0X9nk



Why the Big Selloff?
Just taking profits?
Something Bigger about to happen?


Amazon
Jeff Bezos Dumping his Stocks:


Facebook
Mark Zuckerberg Dumping his Stocks:


Google
Pichai Sundar Google CEO - DUMP DUMP


Walmart


FEDEX


Procter and Gamble


COINBASE Global Inc

All planned ...

 

Hauler

Planting trees I'll never climb.
Feb 3, 2016
41,697
54,269
Target (TGT) getting smoked in premarket trading. Down 15%

Closed yesterday at $179
Looking to open today around $150

They didn't raise prices at the same pace as their costs increased and saw a 52% drop in profitability. Their sales went up but they made less money.

A good lesson for the "WE'RE BEING GOUGED!!!" crowd.

They will lose about $12 billion in value this morning.

It was a $90 stock pre-Covid.
I'm not touching it unless it gets to around the $100 level. It is a dividend stock.
 

Hauler

Planting trees I'll never climb.
Feb 3, 2016
41,697
54,269
Target (TGT) getting smoked in premarket trading. Down 15%

Closed yesterday at $179
Looking to open today around $150

They didn't raise prices at the same pace as their costs increased and saw a 52% drop in profitability. Their sales went up but they made less money.

A good lesson for the "WE'RE BEING GOUGED!!!" crowd.

They will lose about $12 billion in value this morning.

It was a $90 stock pre-Covid.
I'm not touching it unless it gets to around the $100 level. It is a dividend stock.
They also reported a 50% year-over-year jump in theft. That's had a $400,000,000 negative impact on their operating margin SO FAR this year.

Biden's America, folks.