# DraftKings tanking post Hindenburg report

**URL:** <https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413>\
**Category:** Baraka Chat\
**Tags:** investment\
**Created:** [15 June 2021 14:09 UTC](https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413 "2021-06-15T14:09:37Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![Neerab](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/neerab/32/63_2.png) [@Neerab](https://tribe.getbaraka.com/u/Neerab)\
**Post date:** [15 June 2021 14:09 UTC](https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413/1 "2021-06-15T14:09:37Z")

</div>

Shares of DraftKings ($DKNG) started to fall sharply after Hindenburg, an investment research firm released a report detailing its short position thesis against DKNG. The shares are down by 8% within minutes of market opening. What is your play on this stock? Are you planning on timing the market and buying in post the fall or are you shorting the stock along with Hindenburg?

---

<div class="post-metadata">

**Author:** ![stonkbroker](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/stonkbroker/32/73_2.png) [@stonkbroker](https://tribe.getbaraka.com/u/stonkbroker)\
**Post date:** [15 June 2021 16:18 UTC](https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413/2 "2021-06-15T16:18:48Z")

</div>

Lol. Hindenburg tanked Nikola ($NKLA) as well.

In my eyes, DraftKings always was and will be a Reddit meme ‘stonk’.

---

<div class="post-metadata">

**Author:** ![ayushkbhatia](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/ayushkbhatia/32/69_2.png) [@ayushkbhatia](https://tribe.getbaraka.com/u/ayushkbhatia)\
**Post date:** [20 June 2021 09:09 UTC](https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413/3 "2021-06-20T09:09:56Z")

</div>

Yeah, I thought so as well…well, initially.

I wonder what your views are on Cathie buying the dip on $DNKG. Cramer called her the best average-downer on the planet!

---

<div class="post-metadata">

**Author:** ![ayushkbhatia](https://sea1.discourse-cdn.com/flex019/user_avatar/tribe.getbaraka.com/ayushkbhatia/32/69_2.png) [@ayushkbhatia](https://tribe.getbaraka.com/u/ayushkbhatia)\
**Post date:** [20 June 2021 09:10 UTC](https://tribe.getbaraka.com/t/draftkings-tanking-post-hindenburg-report/413/4 "2021-06-20T09:10:57Z")

</div>

Also, not to forget - some local investment advisors (😉) were pretty bullish on $DKNG. Wonder what their portfolios are going through… hedge fund tears 😮