As someone who bought a little DK stock around IPO (not my idea, all my wife's doing), I feel much better my ROI is now only -60% instead of -65% before the news.Originally Posted by DJ_Chaps
YUGE DK/ESPN DEAL. WELL, PERHAPS JUST A GROWING EXTENSION OF EXISTING DEAL, BUT ME LIKEY.
As someone who bought a little DK stock around IPO (not my idea, all my wife's doing), I feel much better my ROI is now only -60% instead of -65% before the news.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Past two days ALL casino stocks were getting their heads caved in the back ally.
Golden week happens in the spring and fall. A week long national holiday. I think it was designed as a way to spur consumption - idk know how accurate that is but it is important for consumption akin to Xmas. Big fail this year.China’s holiday spending plunges to seven-year low as zero-Covid batters consumer confidence
Hong Kong
CNN Business
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Holiday spending during China’s Golden Week has plunged to its lowest level in seven years, as broad Covid curbs discouraged people from traveling or spending, while a darkening economic outlook continues to erode consumer confidence
DKNG lies in a sector that is covid-ridden aids. But whilst praying an angel came and reminded me DKNG is partnering with ESPN. ESPN Disney is hardly a recipe for anyone’s success. If there is a wrong move ESPN will make it first.
Market rallys like a mofo but the casino stocks still find a way to sink
Hey, I have an idea let’s build another brick and mortar in Vegas. The M. Lighting $ on fire
Circa was the only exception in the past 20 years. Owner actually has original ideas and contributes something different to the gambling space. Alas, it’s privately held.
-70% now. Honestly, once you reach these levels you dont really care anymore, or at least I don't. -60% or -70%, who gives a shit?
Wow, I put in a call to buy some Amazon options at 113, but no-one took it because it jumped up to 114 right when I put it in. So I said fuck it and cancelled the order, and then it quickly dropped down to 111. Dodged a bullet there. The question now is, is this a sign to jump back in at 111?
Bought some 2 week Amazon calls today at 107. So far so bad. Went down to 106. Stay tuned.
Just closed the position for a neat little 40% profit. Portnoy was right. This really is easy... Why am I wasting all my time betting football when it is so easy to just sell high and buy low on the market?
Amazon put at 114. Sell the spike they say.
It’s too early Verm. Wait till end of day Wednesday.
You owe me your tnf pick early now.
Where have I heard this before Tellafriend?
Entirely without coincidence I’m sure - Binden threatens ‘consequences’ for Saudi Arabia after OPEC cut.
If we are being honest, neither one of us expected things to collapse so quickly. You know, I’m feeling kindly today. Let’s just call it ‘change’.
Was gonna happen with or without Biden. He’s just gasoline to the fire
So after 50 years of trade deficits what are we gonna export if not dollars and Treasuries? I’m not the Ray of Sunshine but this will force us to actually make stuff and create a middle class again. 7.3 years to go.
Looking like you are right. They expire October 28, so got time, but not a great start.It’s too early Verm. Wait till end of day Wednesday.
You owe me your tnf pick early now.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
https://twitter.com/Ross__Hendricks/status/1582872831565901829
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
IMF Chief says Central Bank Digital Currency should be used alongside Social Credit System to control what people can and cannot buy
https://expose-news.com/2022/10/19/i...-credit-score/
Great rabbit hole for those who need catching up. Other linked white papers etc
Digital identity & KYC easy peasy.
With all the earnings reports rolling in, I suspect it is going to be a very volatile week with big swings. So how do we attack this?
The good news is that the market is crashing right now, and I have some Amazon puts. The bad news is I bought them at a lower price than it is now, so still well in the red.
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