Enthusiast Gaming Holdings Inc T.EGLX

SPIN

[Niceneasydoesit]

What a mess. They managed to lose more money this year than last. No need to rush in lol

[1condor]

Lets see how the market reacts tomorrow. I notice today the CIBC was a big buyer today...not that it could mean much...but a good indication that some are willing to belly up.

[1condor]

Ugly start to the day with the expected knee jerk reaction to the earnings. I suspect that the stock will slowly climb throughout the day. They did come up short on their earnings but still believe this is a good play in the sector.

[Niceneasydoesit]

I've reach the conclusion that their rev/cost model is not working. There should be a call to arms. Get rid of the board and senior management

[Steve33]

I think it is typical for a growth model stock. I believe its a hold but might take a year if you have the patience. A good new ceo can get it moving better. He will need a little time as well.

[1condor]

Niceneasydoesit...I think you will see some movement on senior management in the near future. They have a great company here with major potential but management doesnt seem capable of taking advantage of it. I will be adding at anything below 2.10. My average cost is right at 2.10.

[1condor]

I have a bid in at 1.98...not out of the question and would represent a new low.

[1condor]

CIBC continues to buy into the stock...and came in this morning when the stock dipped just a few pennies above 2. Someone sure is accumulating heavy.

[1condor]

Interesting to see value orientated brokerage houses buying this morning. I decided to pick up a few this morning on the weakness ( but still have a bid in below 2). Didnt lower my average much...now 2.08. I am not a big fan of analysts but am surprised how many recently have came out with targets in the 6 to 7 dollar range. As usual these are way over done to the upside...my one year target is

[1condor]

Getting closer by the day to my below 2 dollar bid (1.95). Should occur next week as it looks like the market wants to sell off.

[1condor]

Anyone want to place bets that this company gets taken over within 6 months? It very vulnerable right now at these levels.

[Niceneasydoesit]

If someone took you up on it, and you won ; it would be the only way anyone could turn a buck on this dog. Lol