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Bullboard - Stock Discussion Forum Gamehost Inc T.GH

Alternate Symbol(s):  GHIFF

Gamehost Inc. is a Canada-based company operating hospitality & gaming properties in Alberta. The Company's operations include the Rivers Casino & Entertainment Centre in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and Encore Suites hotels as well as a strip mall all located in Grande Prairie, and the Deerfoot Inn & Casino Inc. in Calgary. The Company's segments include... see more

TSX:GH - Post Discussion

Gamehost Inc > What's Up Again?
View:
Post by TheBridge on Jan 18, 2021 4:01pm

What's Up Again?

Don't understand our recent rise. This hasn't been a good day for Alberta with the announcement on Keystone, we're still sitting in a lockdown, the Americans are still on alert for more trouble, the vaccine shortage has surprized us, doesn't look like the Covid is going to be under control for at least another 6 months.....so I understand the sells at these prices...........I don't understand the buys at these levels right at this time. Please explain.
Comment by cpeczek on Jan 19, 2021 8:12am
The end is near. Vaccinations are rolling out, second wave seems to be declining. Oil prices are rising. Investors are forward looking and can wait the 6 months out for things to return to normal and profits to return. Buying under $6 was a steal if you have a long-term vision.
Comment by TheBridge on Jan 19, 2021 1:29pm
cpeczek, thanks for your response, I have always appreciated others opinions even if they don't line up with mine because it makes you re-evaluate your own mind set. To be a little more precise on what I was saying is: That the end is nearer but you're not going to see any significant improvement until next fall and then GH should start seeing a significant increase in revenue if all ...more  
Comment by TheBridge on Jan 21, 2021 11:42am
Somethings up. This is one moved up substantially again today while most are moving down........kinda consistent pattern for the last two weeks.
Comment by kasking on Jan 21, 2021 12:25pm
You know guys, with 2 of the big boys holdingoximately  a third ot the stock, doesn't leave a lot toI trade, the true believers of the company will not be selling...in for the long haul. hopefully, when this crisis is over, we will be back where we should be..10- 12....let's enjoy the ride.
Comment by malx1 on Jan 21, 2021 12:47pm
When you start to think about money moving around in the markets, you have to believe that some of the holders of Great Canadian Gaming will be looking to reallocate their buyout capital to another Canadian-based entertainment company.  It wouldn't take more than $1-2mm worth of buying to have GH shares sitting where kasking projects them to be. Alberta covid cases down to around 10k ...more  
Comment by malx1 on Jan 19, 2021 3:53pm
I find price action confusing too but as a shareholder it's nice to see green. Maybe consider a different perspective. 1. March-May:  markets melt down on pandemic uncertainty 2. Dec-Jan:  markets melt up on vaccine success and expected return to more normalized economy When you're in a low-volume stock like GH, and the prevailing winds are causing fear, there's very few ...more  
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