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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 > Agreed...Meta reported strong growth in digital advertising
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Post by 88guy88 on Apr 27, 2023 12:36pm

Agreed...Meta reported strong growth in digital advertising

I think on May 15 we will have much improved digital advertising dollars too...plus the continued growth in general with EGLX...

Meta is popping about 15% today....maybe us too....will know in a couple of weeks  :))
Comment by 1condor on Apr 27, 2023 2:00pm
Another nice day on the markets and EGLX is down another 5 percent. See no reason why it wont dip into upper 30's by mid May. What a dumpster fire this is and sad becasue it did look like the company had decent potential. Another brain dead analyst yesterday put a one year target of 3 dollars on the stock. Wont be long now until you see the analysts aggressively downgrade to around a dollar or ...more  
Comment by 88guy88 on Apr 27, 2023 2:28pm
Hey 1condor!.....RSI is 23.14....way oversold and looks like it is gonna hold up pretty well here....I think the ad dollars will be decent when they report in a couple of weeks......Meta has set the trend and if you use that as an indicator....I think its a decent buy and hold here Even with the one analyst as you say setting a target of $3.00.....thatsstill a "5 or 6 bagger" and I will ...more  
Comment by Puma1back on Apr 28, 2023 6:40am
Everything in this gaming sector is down in the dumpster - their run ups in 2021 were total BS hype and traders made a killing across the board. For what it's worth, the year end statements were signed the end of March so their intangible assets made it through a pretty ugly valuation trough relatively intact with a book value of some cdn $1.65. I wouldn't expect any Q1 writedowns ...more  
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