Enthusiast Gaming Holdings Inc T.EGLX

Recommendation

[retiredcf]

Date: Jun 10, 2022 7:47 AM

Question: For fun, if you were to build a concentrated portfolio of Canadian stocks with a maximum holding of 7-10 companies, what would be your picks today?

Answer:

Sangoma Technologies Corporation (STC), TFI International Inc. (TFII), goeasy Ltd. (GSY), WELL Health Technologies Corp. (WELL), Converge Technology Solutions Corp. (CTS), Enthusiast Gaming Holdings Inc. (EGLX), Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD), Dye & Durham Limited (DND), Nuvei Corporation Subordinate Voting Shares (NVEI), Anaergia Inc. Subordinate Voting Shares (ANRG)  

From the team at 5iResearch. GLTA

 

[1condor]

Should see some support around 2.50 but if that breaks I believe the 52 week low around 2 is in the cards. Either way a decent company which is getting cheaper by the day.

[1condor]

Will likely take another position at 2.50 but keep some extra cash on hand to add lower.

[1condor]

Not in yet. It blew right by the 2.50 level I was watching for a "trade" but backed off on buying. Old low support in jeopardy so will continue to monitor. Lets see if 2.20 holds.

[1condor]

I decided to buy in this morning for a trade as some interesting trades starting to show up. I think upside is limited to around 3 bucks (ugly market sentiment will provide some headwinds) but that would be a good trade from the 2.45 level.

[1condor]

Market volatility presenting a huge amount of opportunities as this time..in fact too many to count. I decided to add today at 2.18. I still see upside around 3 bucks which would be a ver decent return from these levels.