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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 > About Change
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Post by TheBridge on Dec 08, 2022 12:56pm

About Change

I may just be wrong but to me it appears that possibly one other factor has helped stablize the share price over the last couple of weeks (besides excellent management) is due to the tax loss selling. Those who had every intention of buying back after the 30 day waiting period likely sold earlier into the session.  Those same shareholders were likely hoping to get back in December when others were finally getting around to take advantage of the tax loss provisions and make their share available at a low price. This $8 share price during this period in the market seems to point to some reasonble share price growth in the new year. As Malx1 has pointed out on many occasions the current share price is under valued, and I'm hoping that it's about to change.
Comment by malx1 on Dec 09, 2022 1:28pm
Bridge, you are onto something.    When sellers are fewer, there is more fuel for violent upside moves in share price as fundamentals warrant.    Scenario........  When investors see a strong Q3 or Q4 in 2023, say share price is $9 at the time, we are setup for "gap up" in share price where buyers will be willing to increase their price limits to maybe $10 or $11 ...more  
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