Post by
88guy88 on Apr 26, 2023 12:16pm
It's balancing on a razor edge........
the price is trying to hold 60 cents but it has traded below that and its being pulled to the "50" cent support....pretty thin volume today.....will see how it plays out....markets up a bit today and if they were down this one would also be falling....so far its holding steady
Comment by
1condor on Apr 26, 2023 2:00pm
88guy88...no doubt it goes lower. The NAS delisting is not yet fully priced in...and lets now forget the biggy...the U.S. debt ceiling debate. We all know the volatility that will come with that! Should see a very sharp drop in U.S. and in tandem markets as we get into May and June. Wonder where EGLX will be during that volatile period. Maybe 30's?
Comment by
Puma1back on Apr 27, 2023 7:12am
And I can't see any meaningful news prior to that as any good news now would just create a liquidity space for those American holders from the nasdaq. i would expect this to rise after the kick out from nasdaq as the selling pressure subsides