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Bullboard - Stock Discussion Forum Enthusiast Gaming Holdings Inc T.EGLX

Alternate Symbol(s):  EGLXF

Financial Services Technology Asset Management Software - Application eGaming
Enthusiast Gaming Holdings Inc. is a gaming media and entertainment company. The Company operates in one industry segment, being digital media and entertainment. Its principal business activities are comprised of media and content, esports and entertainment and subscription. The Company's digital media platform includes its flagship video gaming related owned and operated websites, content... see more

TSX:EGLX - Post Discussion

Enthusiast Gaming Holdings Inc > MSCI Canada News
View:
Post by Niceneasydoesit on May 28, 2021 8:07am

MSCI Canada News

I did not see any uptick in volume leading to this news. Does this drive the stock past $8?
Comment by foundalpha on May 28, 2021 9:04am
This will not necessarily help the stock price but will increase the liquidity (trading volume). The MSCI Canada Index is one of the popular benchmarks used by various investment funds to present performance comps. Further, certain index funds that chose to replicate the MSCI Canada Index would be obligated to own EGLX. Overall this is positive news impacting liquidity but not necessarily share ...more  
Comment by Niceneasydoesit on May 28, 2021 9:23am
many thanks. Bravo
Comment by DeepCove11 on May 28, 2021 12:52pm
Well- it is most certainly helping the price action today! 
Comment by ferret_ca on May 28, 2021 2:47pm
absolutely and it should continue to help the s/p as many index funds and etf's will now include it. this inclusion brings another new batch of investors into eglx. 
Comment by Jackal5000 on May 30, 2021 6:03am
ferret_ca - what is your 6 month target price for this stock (realistically)?
Comment by ferret_ca on May 30, 2021 2:36pm
no idea, I don't do target prices for growth stories like this.  I'll just say higher than it is now.
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