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MI217: Tech Stock Investing Outside of the FAANG w/ Adam Seessel
The Intrinsic Value Podcast - The Investor’s Podcast Network
Is Draft Kings Free Cash Flow Negative?
Mike Downey: Draft kings is an extremely volatile stock, rapidly growing revenues in a company that is deeply free cash flow negative. Does the fact that it's free cashflow negative automatically push it out of your check list and offe, you know, a stock that's worth looking into? "I'm not a fan of draft kings, nor, my particular fan of cathy wood," he says.
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