not vested
Is DKNG Stock A Buy Right Now?DraftKings stock is a promising long-term prospect in the sports-betting industry, and the company's potential is encouraging.
Despite a lack of earnings, the company has huge revenue growth and is one of the leaders in the online betting megatrend.
DKNG stock plunged 10% Tuesday after short seller Hindenburg Research published a bearish report on the stock.
Shares ended Monday below their long-term 200-day line.
Since the stock is far below a key support level, it is not a potential buy right now. Wait for DKNG stock to form a new base, which would offer a new buy point.
Source: IBD
https://www.investors.com/research/draf ... src=A00220
It's all about "how much you made when you were right" & "how little you lost when you were wrong"