Enthusiast Gaming Holdings Inc T.EGLX

Trading Volume

[retiredcf]

At this point EGLX seems to be facing the same problem as a multitude of smallcap companies regarding trading volume. We have fallen over 13% from our recent high of $10 but the trading volume has noticeably declined (in relative terms) since then which increases SP volatility. SCR has suffered a similar fate. GLTA

[DeepCove11]

This is the reality of most small caps in Canada stuck on the TSX. Excellent time to add here as once the Nasdaq Graduation happens it will be a whole different ball game. Of note - the fact the Ryan Irvine has even mentioned this play speaks VOLUMES! He and his team are the bomb when it comes to flushing out real growth stocks. His team comb through every single stock on the TSX once a year and

[Niceneasydoesit]

I agree with with most of what you posted with the exception of the US listing; which I see as  no  guarantee of anything.  We should be hearing more on that very soon I think. Lets hope the listing does not come with a new offering ala SCR

[DeepCove11]

Curious why you don't see NASDAQ as a game changer. It will be like nothing you have ever seen on the CDN exchanges. And not because it is simply NASDAQ as some prestigious milestone. EGLX has the goods and the timing is nothing short of perfection here. It will hit 15.00 US this year just because it is on NASDAQ. It will hit 15.00 US because this will be one of the biggest small cap growth

[DeepCove11]

Sorry Typo.. It will NOT hit 15.00 US this year just because it is on NASDAQ.

[Trendsetter]

Couldnt agree more...recall the conference call where the sales team printed its first 7 figure ad deal. EGLX access to Gen Z for advertisers and the Fang's is going to be enormously profitably for this gem of a stock!  20+ in this calendar year IMO.

[Niceneasydoesit]

It's my huntch here. It does trade in the US today. More eyeballs and perhaps more volume with the Nasdaq doesn't translate directly to increased prices. See SCR as a recent example.  time will tell.

[catchascatchcan]

Fair comment of course, and to think otherwise is simply foolish.  US big board listing does not in anyway ensure a positive sp trajectory.  It does however improve awareness and likely access to capital, which as mentioned by others is EGLXs feedstock for continued acquisitions.  So far we have a positive view from the market, which is... positive.  Time will tell, but I do

[Niceneasydoesit]

Day 1 on the Nasdaq...lol. Im long, and  not surprised

[pecuniam]

Nasdaq listings don't generally create large value increases for average stocks moving on to it. There are several added each day. It's just the big IPOs that are pumped in the media that see over valued trading.

[driller1a]

Most stocks I've had move to the nasdaq lose value shortly after listing. A friend of mine said this is because many US investors prefer shorting stocks because the probability of companies going down in value and/or going out of business is greater than the probability of continuously going up in value.