Comment by
88guy88 on Apr 25, 2023 12:01pm
Maybe or maybe not......RSI is 29.10.....a penny here or there won't matter all that much in the long run.....technically here its a good value....gotta love the market....I think its gonna fly on May 15....the new CEO is a mover and shaker and I think he unlocks the value and if he does not then a takeover is likely at these low levels and someone else can get it done Getter Done Boys!
Comment by
1condor on Apr 25, 2023 1:28pm
Wow...glad I got out of my trade yesterday with only a 4 percent loss. What a dumpster fire this has become. I noticed anayslsts still sticking to 3 to 5 dollar targets one year out. You might want to hold onto those forecast targets for EGLX and repost next year at this time....just for kicks. Watching for entertainment from the sidelines. Good Luck everyone.
Comment by
1condor on Apr 25, 2023 2:14pm
I believe the only hope for the company is a takeout. Until then expect a tough ride. Everyone who now continues to own this stock is well underwater (beside the shorters of course who continue to make a killing). You can no longer use technical analysis on this stock (70 cents was the last support level). The SP is now officially in no mans land. Good Luck everyone.