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  • moonshiner

    Just went public symbol DKNG and its at like $19.35 a share . I definitely think it will be a $100 stock in a few years just wondering though with sports on hold if anyone thinks it will go lower than $19 soon or just get in now and keep slowly buying .

  • Psurockz40

    Projected to hit $35 in the near future I saw today

  • bigez952

    @superstars92 said...

    For DKNG, if you believe sports betting will be legalized in all 50 states,

    I think sports betting will eventually be legalized in 49 states. Utah is one state that is very anti gambling so they will always be the odd ones out. Of course 49 states having legal sports betting would still be huge. I live in MN and forsee it coming here in the next 3 years as Iowa is having success with their sports book right over the boarder. Of course the Native American communities run the casinos in this state, have more money than god and oppose any legalization of gambling that they don’t control so it will be an uphill battle.

  • XxHeisenbergxX

    Interesting:

    https://www.forbes.com/sites/kurtbadenhausen/2020/05/18/soaring-draftkings-stock-makes-israeli-entrepreneur-a-billionaire/#d7ec8d637c93

  • miggs6876

    It is trending right around $30 a share. I think the stock has great potential. Thinking about getting a 100 shares.

  • damon2479

    Curious what this would cost? I am not familiar with the stock market could you purchase this stock at the price that is on the stock market currently is that how it works. Say it’s at $25 a share at close Friday would that be the purchase price of it?

  • bigez952

    @damon2479 said...

    Curious what this would cost? I am not familiar with the stock market could you purchase this stock at the price that is on the stock market currently is that how it works. Say it’s at $25 a share at close Friday would that be the purchase price of it?

    If you buy the stock when the market is open you can just put in a market order and pay whatever price the stock is trading at that exact moment. Or if you want to pay a certain price you can put in a limit order for the price you want and once the stock hits that price it will automatically
    buy for you.

  • superstars92

    • 492

      RG Overall Ranking

    @damon2479 said...

    Curious what this would cost? I am not familiar with the stock market could you purchase this stock at the price that is on the stock market currently is that how it works. Say it’s at $25 a share at close Friday would that be the purchase price of it?

    To add on to what bigez said above, you first need to get a brokerage account. I would recommend like TD Ameritrade, Interactive Brokers, Etrade, although a lot of young people use RobinHood too.

    The market is open from 9:30-4 EST on weekdays excluding holidays (like Memorial Day this Monday), and the price will change intraday during this time period. So the price say on a day won’t be exactly the price at the close the previous day, since the price will be changing intraday. There’s also extended hours, but you don’t need to worry about that.

    Also if you don’t want to be at your computer watching the price, some people use market on open or market on close orders. I would recommend putting a limit order like 10 cents above the last traded price you see on the screen. It just means you won’t buy for higher than the limit price but you can pay lower if the market price is lower. You just need to then enter a quantity and price. Usually you’ll just end up doing the trade ~the current listed trading price since spreads are narrow. Commissions are 0 these days thanks to the RobinHood effect. Just make sure to check that your order goes through after entering it. You should see a position change.

    But if you want to start trading/investing, I would say DKNG should not be your very first stock. I would recommend like the big tech stocks like MSFT or APPL and/or SPY/QQQ first and then add a riskier/more speculative stock like DKNG.

  • miggs6876

    @superstars92 said...

    To add on to what bigez said above, you first need to get a brokerage account. I would recommend like TD Ameritrade, Interactive Brokers, Etrade, although a lot of young people use RobinHood too.

    The market is open from 9:30-4 EST on weekdays excluding holidays (like Memorial Day this Monday), and the price will change intraday during this time period. So the price say on a day won’t be exactly the price at the close the previous day, since the price will be changing intraday. There’s also extended hours, but you don’t need to worry about that.

    Also if you don’t want to be at your computer watching the price, some people use market on open or market on close orders. I would recommend putting a limit order like 10 cents above the last traded price you see on the screen. It just means you won’t buy for higher than the limit price but you can pay lower if the market price is lower. You just need to then enter a quantity and price. Usually you’ll just end up doing the trade ~the current listed trading price since spreads are narrow. Commissions are 0 these days thanks to the RobinHood effect. Just make sure to check that your order goes through after entering it. You should see a position change.

    But if you want to start trading/investing, I would say DKNG should not be your very first stock. I would recommend like the big tech stocks like MSFT or APPL and/or SPY/QQQ first and then add a riskier/more speculative stock like DKNG.

    I think this is sound advice.

  • sjs1890

    • 2013 DraftStreet DSBC Finalist

    Dude dkng seems unstoppable right now.

  • Frive1000

    The rotating market fluctuated especially during the crisis due to the covid pandemic. Rotating investors worry about falling prices, but keep in mind that volatile world means everything fluctuates. Please know how to seize the opportunity to wish you all the best of luck

  • rvnfn77

    What really is the target price? Thinking of getting in just hope not too late?

  • Mindofigor

    Got 113 shares of DK at $28 average. Still don’t think it’s enough shares. Hoping to get at least 200. Lets fly baby!

  • icemanyeee

    lets goooo

  • dictator_teddy

    • 450

      RG Overall Ranking

    • 2017 DraftKings FHWC Finalist

    up another 10% today, this is nuts.

  • Awon1

    Thank you for this thread!

  • moonshiner

    I have 635 shares at $23 average. Love this stock from the get

  • krighton

    too late to get in on this?

  • Awon1

    How long will you guys hold for?

  • Awon1

    NASDAQ is at an all time high dang…

  • icemanyeee

    @Awon1 said...

    How long will you guys hold for?

    life

  • bigez952

    @Awon1 said...

    NASDAQ is at an all time high dang…

    Crazy considering we are still in the middle of a pandemic, have record unemployment, rioters are burnings cities/ businesses to the ground yet the stock market continues to run away.

  • TheWeeIceMan

    Seems like every day the market goes up big, DK drops.

  • emoney1214

    I don’t play dk but is the assumption they will or do they have traditional sports betting? To be honest I stayed away because i think they dried out the daily fantasy sports money, although it may come back assuming we get back to normal at some point. Bottom line, I have no faith in daily fantasy being profitable but if they are leading in online (traditional) gambling I’m in.

  • Straightfire118

    Bruhh I think many are missing the boat on this monster of a stock. How can people gamble thousands in dfs/sports betting but not be willing to put at least a grand on dkng.

  • ryanprzy

    @superstars92 said...

    But if you want to start trading/investing, I would say DKNG should not be your very first stock.

    DKNG was my very first stock. Bought it at ~$37 and sold it at ~$38.

    I was worried about any possible “conflict of interest” BS arising from me making money playing DFS on a company in which I partially own.

    All kidding aside: being so new to this, I’ve been playing it ultra-safe and locking in profits wherever I can. Haven’t had enough time to learn the ropes properly so I’m picking up what I can on the fly. I haven’t even touched options trading yet but if I had, I would have targeted DKNG well before NFL kicked off.

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