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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi 5i Team - I plan to sell most of my Enthusiast Gaming and use the money for something with a better balance sheet and a decent prospect for growth. Do you have any suggestions for stocks that trade below $5.00 including any that might be under $1.00 which is where EGLX has been trading for some time now. Any sector or market cap is fine. Thanks you.
Read Answer Asked by Rob on March 20, 2023
Q: PXMD By 11:00 today it has traded almost 12 million shares which is the total shares outstanding. There is no news release. Something similar happened with this company not so long ago. Shouldn't regulators care about this. Atleast a halt.
Read Answer Asked by Steve on March 17, 2023
Q: Hi 5i,
A couple of somewhat related questions:
I'm curious about the 'expression of interest' someone (or some thing) may have made known to CTS management in the past while. Would a potential purchaser be allowed a peek at the quarterly numbers before they were released yesterday in furtherance of its due diligence research, or have to await the release like the rest of us? My guess is the former, tied to a confidentiality agreement, but I'm not sure if that's the case with a publicly traded company.
And, also wondering: if the numbers were decent - as I thought they were - and no purchase deal gets announced quite soon, is it safe to assume there's likely nothing brewing? Or is it all just a black box until something - anything - is formally announced?
Thanks!
Peter
Read Answer Asked by Peter on March 17, 2023