NHL Best Bets for Tuesday (11/19)
Kenneth Le
Finally, you can turn your sports knowledge into real cash by investing in an athlete’s entire career. Prices rise and fall with every hit, huddle, and headline — and you can buy and sell instantly or hold for as long as you want. Three times a week, FTN will feature a player and his Mojo value — is it time to buy, sell, hold or short? Click here to get in on the Mojo action.
One of our most exciting partnerships at FTN is with Mojo.
Mojo is a whole new pure sports investment — on the entire career of an athlete. The share price is the public’s expectations for a player’s career based on six objective stats. A player’s value can also be affected by the result of a single game.
In Thursday night’s 27-14 Bengals win, Dolphins quarterback Tua Tagovailoa left the game with a head injury. Let’s take a look at how the value of Miami players were affected by last night’s result. I will rate each player as a Buy, Hold or Sell.
Tua Tagovailoa, QB, Miami Dolphins
Current Price: $29.35
24-Hour Decrease: $9.05 (23.57%)
We still don’t know the extent of Tagovailoa’s injury, but he was carted off the field and brought directly to the hospital. This is extremely concerning for both his short and long-term health. Tagovailoa has now suffered serious injuries in consecutive weeks.
Mojo investors reacted quickly to the injury, dropping Tagovailoa’s value sharply during the game. After reaching a career-high of $38.95 per share prior to kick-off, investors started selling shares at 9:10 p.m. ET. At 11:20 p.m., Tagovailoa’s share price fell to $23.61, almost back to his preseason cost. However, once it was reported he was discharged from the hospital, investors bought back, settling his price at its current value of $29.70.
Tagovailoa had an incredible start to the season, with seven touchdowns and just two interceptions through the first two games. His collaboration with offensive guru Mike McDaniel and connection with explosive receivers Tyreek Hill and Jaylen Waddle make selling at his current value too risky. However, given the severity of his injuries, I would also not look to acquire more shares of a quarterback who already has limited arm strength. Let’s pray he returns to full health and continues on the career arc he started this season.
Action: HOLD
Chase Edmonds, RB, Miami Dolphins
Current Price: $9.06
24-Hour Decrease: $0.10 (1.14%)
Chase Edmonds signed a two-year, $12.1 million contract in the offseason, leading all of us to believe he would be used as the feature running back in Miami. Through three games, it appears that was a very misguided assumption.
Edmonds has tallied only 85 rushing yards at a paltry 3.0 yards per carry. His passing-game role has been even more concerning — despite possessing elite receiving capabilities, Edmonds has only produced eight receptions in Miami’s first three games. In their Week 2 comeback against Baltimore, Edmonds only produced one reception for eight yards, despite an ideal gamescript for a pass-catching running back. He has only two more receptions than starting running back Raheem Mostert, who has just 40 career receptions in eight NFL seasons.
It is clear Miami signed Edmonds for his versatile skill set, but they do not view him as an every-down running back. At 5-foot-9 and 205 pounds, if Edmonds isn’t seeing pass volume after that huge contract, there is little reason to invest in his future.
Edmonds’ price has steadily risen since joining the Dolphins and is still currently trading over $9.06 per share. His value is up 180.9% over his career, representing a $5.83 increase. Mojo traders should take advantage and start selling shares of the 26-year-old running back.
Action: SELL
Tyreek Hill, WR, Miami Dolphins
Current Price: $24.11
24-Hour Decrease: $0.99 (4.26%)
Tyreek Hill is proving his detractors wrong.
Many speculated that Hill’s superior production at Kansas City was a result of quarterback Patrick Mahomes. Despite now playing with a quarterback with a much-weaker arm in Tua Tagovailoa, Hill’s 2022 production has been sensational.
Through the first two weeks, Hill had the following positional ranks:
- Sixth in receptions (21)
- Third in receiving yards (317)
- Second in yards per route run (3.73)
After Tagovailoa’s injury, Miami turned to veteran signal-caller Teddy Bridgewater, who excels at short to intermediate passes. In theory, this should have been a negative for Hill’s deep route penchant. However, he connected with Bridgewater for six receptions and 114 yards in just 2.5 quarters. Hill’s start to 2022 has proven to me that his production is quarterback-proof.
Hill’s price is still well-below his career-high $27.92, which was reached after his massive game against the Ravens. There has been some value gained by last night’s results, which creates another buying opportunity for the 28-year-old speedster. I am still buying on Hill’s future and see Thursday’s night game as a positive despite the Miami loss.
Action: BUY
