MartinBrown
2021-11-05

Been a DKNG investor for over a year now and have "averaged up" and "averaged down" a few times, always adding to my position on what I viewed as short-term dips. All my large paper gains are gone as of today as DKNG is back to just below my breakeven. I thought I was fully invested but am considering buying more shares tomorrow if stock dips much more. Obviously will have to see quarterly results and listen to earnings call for details before I decide whether or not to buy more. I am very confident that DKNG will be up significantly in the long-term (2-5 years) but am honestly less sure about the short-term given the recent stock performance. I do know I'm not better informed or smarter than Cathie Wood so if she's still buying DKNG, I'm certainly not selling. Good luck to everyone tomorrow and for as long as we all hold DKNG.

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