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

Alternate Symbol(s):  EGLXF

Enthusiast Gaming Holdings Inc. is a Canada-based gaming media and entertainment company. The Company’s principal business activities are comprised of media and content, entertainment and esports. The Company’s digital media platform includes video gaming related websites, YouTube channels and a library of casual games. The Company’s esports division, Luminosity Gaming Inc. (Luminosity), is a... see more

TSX:EGLX - Post Discussion

Enthusiast Gaming Holdings Inc > How low will she go?
View:
Post by 1condor on Oct 14, 2022 11:40am

How low will she go?

Now sitting at 96 cents with no end in sight. Will be very interesting to see where the bottom is on this one.
Comment by MS12345 on Oct 16, 2022 12:52pm
With Adrian Montgomery and his flawed strategy this will go lower. We were promised a new CEO. This search is turning into a delay tactic for Adrian and posse to continue on milking.
Comment by 1condor on Oct 17, 2022 11:34am
The only good news scenario left for this stock is a takeover. Investors have basically thrown the towel in on this stock (me included) with a few brave ones trying to time the bounces for a quick trade. It sure did look like a winner of a company to me at one time...but wouldnt be the first time I have been on the wrong side of a call. Good luck to all those who still believe.
Comment by pleazu69 on Oct 17, 2022 6:16pm
chart looks like a bottom at $1 If was a gambling man, Id start to throw some money at this https://bss.nz/F03CexOlsMOmgAs
Comment by pleazu69 on Oct 20, 2022 5:58pm
Ill bite I picked up 10k shares today.. lets see this is oversold like every ticker on the TSX.  but I predict 1.50-2.00 range here +66% or better based only on chart patterns... disclosure I am a short term swing trader that only trades on chart patterns. GLTA direct (1668×1694) (bss.nz) msedge_8AGgxRpdhZ.png (bss.nz)
Comment by 1condor on Oct 21, 2022 10:51am
Like I said in my earlier threads...once this things break a dollar the selling would accelerate. Here it is today at 88 cents and still falling hard.
Comment by pleazu69 on Oct 21, 2022 6:08pm
I must be watching a differnt chart than you this one has been consolidating since Oct 11 and a very strong candle to end the week The whole market has been stressed but it could be kicking the bear now my opinion... money is coming back to the market, next week should confirm the new trend in the chart to hit my targets I know most analyst are calling for higher but I take things one step at a ...more  
Comment by 1condor on Oct 24, 2022 2:17pm
Another dip below 90 cents for sure. An absolutely miserable sector to be in at this time. Will be interesting to see how far it dips before the sector starts to improve.
Comment by 1condor on Nov 01, 2022 3:48pm
Any guesses on how low it will go when the ugly earnings are announced this month? It is already fairly ugly with an 87 cents stock price as I write this thread. I would say a further dip to 80 cents just before earnings and then a dip to 72 cents on the release. Not a holder but watching the carnage. 
Comment by Niceneasydoesit on Nov 02, 2022 10:48am
It can go LOOW! What would you pay for a failing business? I see no catalyst in recent news  or macro ( gaming chips, PC sales, virtual gambling, esports) but...you never know! Lol. It's a show me stock that most people would not get in front of
Comment by 1condor on Nov 02, 2022 11:47am
Niceneasydoesit..I mentioned yesterday that the stock would hit 80 cents and today it has bounced off that level. However, there is no way it holds in this environment. I still think 72 cents is good bet at earning day. Then of course it will continue to sink into the abyss after that. Watching the carnage from the sidelines.
Comment by 1condor on Nov 03, 2022 10:06am
Just to remind you all again...80 cents will not hold...the slide to 72 cents is now is in the making. 
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