pro analyser
EOG Dedicated
https://www.sec.gov/Archives/edgar/data/1772757/000110465920001249/tv535007-s4.htm#tTODE. Based on this at what price is DK a good price
Coronavirus investing guide (pharma and biotech only)
testing: Abbott Labs, LabCorp and Thermo Fisher
vaccines:: Johnson & Johnson, Moderna and Glaxo Smith Kline
treatment drugs: Gilead and Regeneron
masks: 3M
misc: SMED and Stericycle (both toxic hospital waste removal)
Now they're saying fake news. Apparently a leaked document of some kind. Market has partially recovered but Gilead stock still down.
Last week's good news was an overreaction based on anecdotal news, so it would be fitting that it was manipulated downward today.
If there was any truth to what happened in the one hospital under the compassionate use program then it should have been ramped up to 50 hospitals within days. The fact that it didn't either indicates it wasn't nearly as good as what was told or the FDA is just a bunch of dispassionate morons.
My stepfather, a pharmacist, told me if this drug does what they think it can do in a one-time reduction of viral loads its a total game changer for the right patients. It won't be proper for those who are just getting sick or as a preventative, but just a dose or two to someone that is pretty sick and is older makes all kind of sense. If you give it too soon, the body will not have adjusted enough so that once the reduction in viral load takes place they will probably get sick again and not have a strong enough response to stop it. But the FDA will demand tests on all kinds of conditions, usually not skewed to the worst cases either, and so a lot of tests may come back saying its not very effective.
Had the DK prospectus waiting for me on my patio today
DEAC becomes DKNG tomorrow I believe
LETS GO
It had huge positive volume after hours today. I even saw it flash on the bottom-of-screen CNBC ticker a couple times.
Thanks again for the tip!
Are we buying draft kings and is it to late ?Lets make some money on this one! I reall
y think once sports gets back it could take off
Once again thank you for starting this thread-great idea and let’s try to all help each other out here
Yes, you're in effect buying DK, and I don't think it's too late at all.
You have to be prepared for it to be a long-term hold though and there could be some hiccups, especially if sports don't come back for awhile. It's not going to go up 100% in a week.
Why be bullish on Draft Kings? They are about sports gambling and fantasy play. We really don't know if or what we will get out of sports in 2020. Maybe there will be pent up demand in 2021, but plenty of time to wait to buy before that.
Supposedly 20 saudi tankers are on their way to the US with 2 million bbls each , which we dont need, dont want and have nowhere to put. Trump was thinking about banning saudi oil imports before they got here, sounds like a good idea to me.People should look at the oil tankers. We have a huge oversupply of oil. The tankers are all full. I bought DHT this past week. They have the most monster sized (VLCC) tankers, capable of holding about 2 million barrels of oil. Fixed costs are usually between $15-20k per day. But with the huge delivery problems in the oil market, VLCC tankers are getting about $225k per day for storage. Those numbers likely to hold thru Q3. They still see a solid $150k per day for the 4th quarter. DHT returns a dividend of nearly 6%. NAT is around 5%.
You don't think they will get bigger when more states legalize sportsbooks?The sports books are questionable in the long run. I think the cost to acquire customers is way too expensive and the marketing costs in the next few years is going to be insane. Think what they did a few years ago with fantasy on steroids. They are hoping for a situation in the future which looks like Amazon post competition, but good luck on that. To me the best hope for investors is they get bought out by media companies. It may happen, but if it doesn't happen its just a continuous death fight to get new customers who largely will just have other accounts and will only bet if you get them a better price.
You don't think they will get bigger when more states legalize sportsbooks?
Not really. Getting bigger is fine, getting more profitable is another story. These guys are spending crazy money now to acquire customers and losing money. At some point they have to make the turn into profitable operations. If they try it when they are owned by a media company it might work. If they are still independent and there are media companies and smaller competitors out there, they might not succeed.
The real money to be made here is to get casino play attached to it. These guys have done little to translate sports betting into casino betting. It may not be possible really, but its an Achilles heel they have compared to the MGMs, Caesars and others of the world where this just exists as a service to the patron who they are regularly pushing back towards casino wagering whether online or land-based. Looking at it the other way, the casino companies have an incredible edge on them in that they can spend almost nothing to acquire customers.
DK spent all their money acquiring customers a few years back with their non stop ad blitz
DK has already partnered up with BWW and if they install OTB like windows in their bars it’s going to be huge.
BWW partnered with MGM.
I didn’t see one on mine, i have LPL FinancIal.Did anyone who owned DEAC before it became DraftKings get hit with a "reorganization fee" posted to their brokerage account on Friday when the transition occurred? I did. $38. I use ETrade.
Annoying.
Did anyone who owned DEAC before it became DraftKings get hit with a "reorganization fee" posted to their brokerage account on Friday when the transition occurred? I did. $38. I use ETrade.
Annoying.
So did DK
DK deal was for Fantasy Sports. MGM deal was for sports betting in every state that legalizes it.
https://www.espn.com/chalk/story/_/id/27540471/buffalo-wild-wings-mgm-partner-sports-betting
Thats not what the article states. It does say they partnered for a mobile app however for virtual wagering, which is similar to the current partnership BWW has with DK. The BWW quote that interested me was they said they wouldn’t have any wagering counters inside their bars. I find that to be disappointing.
Im bullish on DKNG....it was at 12 a month ago and now it’s over 20. If you feel the opposite nothing is stopping you from shorting it.
Can anyone tell me anything about USO?
I cant figure out how they make money.
Contango is bad, but apparently backwardation hasnt been profitable as well either.
So what is good????
So if the price of oil goes up to like 75 bucks, are they even gonna make money?