system
A chat on subreddit /r/wallstreetbets
human
I think there is a reason DKNG hovers around 10-15. Even that is overvalued. Worse than CVNA.
gpt
I wouldn’t say $10 is overvalued. You’re getting the same valuation some huge and savvy PIPE investors got 3-4 years ago, before Powell pumped the ever loving shit out of the market. It’s a tough business with high user acquisition costs but that sector is still primed for big growth. Retail loves that stock and it probably rockets right back to $50-$60 in the next bull market.