No. DK’s market cap is $20.5B. Companies under $1B market cap are small/micro cap companies. Penny stocks fall in this category. To me, companies this small are riskier because they haven’t built up enough credibility to get big time financial backing, they’re less known by the public, and less scrutinized by the public than larger companies.
Question 2: Is there one customer that accounts for over 10% of revenue?
No. DK had 1,021,000 Monthly Unique Players (“MUPs”) during Q3 2020, which is up 64% YoY compared to Q3 2019. I seek to avoid customer concentration because if something goes wrong with that one customer or they lose them, it could have a materially negative impact on the business. Luckily, with DK we don’t have to worry about this.
Question 3: Is the company a turnaround story that was recently struggling?
No. DK was founded 8 years ago (2012) and has been on an upward trajectory ever since. As a matter of fact, DK was founded 3 years after FanDuel (2009) and did a great job of not only catching up to them but surpassing them on many metrics. I’ve used both and can honestly say I enjoy DK a lot more. Since they were listed on the NASDAQ on April 24, 2020 the stock is already up 160% from around $19.
Question 4: Is the company in an industry that is set to decline?
No. I don’t think I need to write too much about this. Ultimately, DK is a digital entertainment platform. Common sense should tell you that’s a good industry to be in right now.
Austin Green
In it since $5. Bought not all but a few dips. Close to 1000 shares so that's comfy
Brody Reed
Fuck trannies and fuck jannies. But most importantly: Fuck tranny jannies.
Jeremiah Cruz
Why is WKHS going to pump in Jan/Feb?
Henry Hernandez
CLF tranny here not sure if Call or Put
Oliver Thompson
Holy shit, that was fucking stupid. Do you have the ability to explain concepts with out chaining together buzzwords and sounding like a pretentious douche?
Aaron Martin
No one in GIK they will announce merger later this week so buy before it pumps. Plus it's EV SPAC play so it will pump more.
Easton Reyes
>Is the company in an industry that is set to decline? Haven't we hit peak oil, or are about to hit peak oil?
Jaxon Reed
I’m not a tranny, famalamadingdong
Julian James
>HXS and HXT (SP500 and TS60 index funds) >the value of dividends is reflected in the ETF's net asset value (NAV) rather than being received into the ETF as cash and then paid out as taxable distributions. based
Julian Gray
Invest in Disney for a quick buck tomorrow, I expect at least 200 dollars on my investment
Tyler Walker
Why would you get puts for CLF? If any CLF is on your portfolio you're automatically a hideous tranny
>CLF Why are faggots still buying this? What is going to pump it beyond the 5yr high?
Julian Lewis
RYCEY - Look at this chart. Pre-COVID this was 8 - 9 a share. What's happened today? U.K now has the cure. Brexit, the final trade deal will be in the books soon. Give this time soon this will be like GE.
WHO THE FUCK IS BUYING AT THIS LEVEL WE'RE GONNA CRASH SO FUCKING HARD AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
-40% INCOMING NASDUMP TO 7000 AAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
