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1 hour ago, ERBtheGREAT said:

Think I’m going to chill out for a while after this, hopefully PENN keeps rising because once I see it drop to 100 it’s like auto buy for me, until it doesn’t work and I get fucked 

5ED9D11B-7188-4E52-90CE-646688769058.jpeg

I'm in the middle of the same scenario with Draft Kings. I re-bought at $61 with the goal of riding it back up to $70...

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So I was doing some digging and it seems Etsy earnings after joining sp500 exploded.  Do they factor this in when adding a company, not sure?

I think PENN will crush earnings on may 6th.  It is my belief that the Super Bowl and all of March madness will be baked into these earnings.  Also with the reopening coming along and the massive amount of stimulus money, a lot of that was put into casinos.  Ohio report 17.2% increase over March 2019, cmon now.  I find it hard to believe that most states they are located in did very well also with the massive amount of free money people got.  
 

now to online betting, my personal belief is the books did really well with March madness.  All of my friends got crushed last month, and I assume most people did as well.  Gonzaga losing crushed tons of future tickets, plus barstool had the overs club in the championship

game which lost, plus they had the buzzer beater promo which they won also.  And that wasn’t a 100 dollar prop, they were taking 5 figures I believe.  

Now one thing that I like to do each day is check out the huge prints.  Maybe someone can correct me if I’m wrong but these are probably the indexes that had to add for sp500.  Well one print caught my eye out of them all, a 1.6 billion buy at 116.  
also when I’ve been making these swing trades, I noticed when I’m buying, it’s taking 20-25 people to fill my buy orders, so small people are selling on this radical dips then get eaten right back up during the day.  I truly believe they are scaring small money out and are going to explode from

earnings.  I’ll be holding my 3k swing trade shares because I think with the news Monday, (Maryland and Arizona, plus New York should sign very soon), earnings from casinos and Sportsbook, I think we are going up big especially since there is so much doubt with investors because it can’t hold gains lately.  Out of nowhere it ran from 100 to 128 from feb 1 to feb 5th, I think we will see the same happen in May

 

best of luck

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1 hour ago, ERBtheGREAT said:

well that was terrible, should have waited for 100-101 like normal.  What The hell is going on with Draftkings?

NY approved sportsbettjng so good news for draftkings. 

 

Canada close to approving sports betting too...more good news for draftkings. 

 

So stock is obviously down 7% today. I don't own any draftkings but makes perfect sense...lol

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