RE:RE:It's balancing on a razor edge........Alot hinges on the meeting for May15 to hear what the new CEO says....its only been a short time for him in the role but what has he manged to accomplish.....has he solved or started to make a dent in the lack of online advertising....Google results indicate that advertising is off....probably no different with EGLX.....lots of headwinds in the way next couple of months....hard to say where this one ends up...
These falling knife stocks are never kind....I have been investing for decades and only managed to pick the bottom a couple of times....best just to stay out of the way and wait til the trend reverses and take the escalator up instead of the elevator down.....not gonna touch this one until it reverses if it ever does....
on a side note....made a nice 5% gain day trade on CTS :))