Enthusiast Gaming Holdings Inc T.EGLX

95 cents 1/3 position over the next 3 months into tax loss

[88guy88]

selling time into December.....and another 1/3 at 85 and then the final 1/3 at 75 cents if you want to take the "dip your toe" approach to investing in this company

otherwise just wait until late December to do the poker...."all in"

[1condor]

88guy88...why would you even consider putting more money in this stock. They are selling assets which is the beginning stages of a company coming apart at the seams. I was a recent seller at 1.50 and wouldnt even consider for second entering this stock again. On another note...do not get suckered in by these analysts with their targets of 4, 5, 6 or even 7 bucks. These targets will never get hit.

[88guy88]

I agree....Analyst Ratings are useless....I currently own zero stock of the EGLX.....I am strictly looking at technicals for buy points and oversold positions.....management is another story....companies that are being driven into the ground quite often replace management in a ditch effort to salvage the company like when it hits 80 cents....the BOD gives the boot to the CEO and CFO and tries to

[1condor]

I suspect once the stock breaks below 1 dollar the selling will accelerate on high volume. I have seen many small cap companies, much like this one, get driven into the ground and unfortunately this one is showing the intial signs that it may be happening (selling assets is the start..more to come). Going to be interesting watching this unfold.