Business cycle play - SHORT DKNG, recession incoming!
This is a pretty basic business cycle play, folks gamble less when we're in a recession. That combined with DKNG's spending, will have their balance sheets really contracting moving forward. I think over the next year, we could easily see this stock under $10.00
Obviously keep your eye on this as well when the economy begins to recover!
Obviously keep your eye on this as well when the economy begins to recover!
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