Gambling on $DKNG

Sold off my pitiful stake in Palantir (PLTR) this morning to add to even more pitiful stake in DraftKings (DKNG)

This is a degen trade as I about doubled my position in DKNG. I did this based on a few facts…

DKNG Daily Chart

PLTR Daily Chart

finviz dynamic chart for DKNG
finviz dynamic chart for PLTR

Fact 1 – both CEO Alex Karp and and Director Peter Thiel sold large chunks of their holdings.

Fact B – sentiment is that this shit is way over priced. The trouble is it has big dick meme-strength, one of few software companies actually utilizing ai, so big dick ai-strength, and finally, increasing customers and contacts! Branching beyond government contracts, Palantir is making a splash in the private sector as well.

Fact threece – I was up bigly

Fact 4d – US election volatility, escalating global wars, dollar collapsing, global warming, US economy uncertainty (they lie about all the numbers!), China’s flooding their market now printing money, is inflation really going away? Is labor market really that good? Massive consumer credit card debt, massive government debt,

I do not believe that this is going to end well! But I’m also just some DuRRRRr on the internet, what the fuck do I know.