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

Alternate Symbol(s):  EGLXF

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 > It's balancing on a razor edge........
View:
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 88guy88 on Apr 26, 2023 2:31pm
Alot hinges on the meeting for May15 to hear what the new CEO says....its only been a short time for him in the role but what has he manged to accomplish.....has he solved or started to make a dent in the lack of online advertising....Google results indicate that advertising is off....probably no different with EGLX.....lots of headwinds in the way next couple of months....hard to say where this ...more  
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
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