The Investment Thread

jboss said
Got in on DKNG at 21.30. Hadn't really been watching it but it seems pretty undervalued at this point.

how so? in 5 previous quarters, they reported negative net income.

Id be looking into the "why" on that- could be expenses like advertising/sales to get established and hope those "Fall off" at some point.

in 2019 they had only -$50mm loss.

2020 was over $1 billion

and 2021 looks to be around another 1B loss.