Q: With eglx's recent moves to shore up the balance sheet would you consider it a buy at it's current price?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Down 15% today on 1.2 million shares traded. Settled at a dollar fourteen. Is this market manipulation. There was no news other than Scotia Bank initiating coverage with a sector outperform rating, target price 5 dollars. Only 114 cents to get to zero.
Q: Last December I asked what price you would consider this to be really cheap. The answer was below 3 dollars. Today it is at one dollar and thirty five cents. I guess this could go below a dollar which would have been unthinkable last year. It is no fault of their own other than profit margins. Is there some reason that large institutions don't come in and buy this up at this price. Does risk change at this price somehow.
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Nuvei Corporation (NVEI)
Q: It looks like this is close to the time to start buying cyclical stocks. Would you agree? Which cyclical companies do you think have the most potential to become three baggers in the next three years. Not looking for ten baggers! LOL
Q: In your answere to Roy you indicated the company has $4M in cash and cash flow was negative $12.5M
Does this mean the company will likely need to soon raise cash? - and if so how would this impact share value.
Thanks John
Does this mean the company will likely need to soon raise cash? - and if so how would this impact share value.
Thanks John
Q: EGLX is down a lot today, any thoughts on why? Was there a downgrade? How is EGLX cash position? Are they generating positive cash flow or what is their burn rate? Thanks.
Q: I am looking for advice on how to handle the small cap growth stocks in my TFSA. I find it more difficult to sell a stock rather than to buy it as either greed or ignorance or dismissal of all the relative facts get it in the way. For example , I rode EGLX all the way to nearly $10.00 only to watch it fall to its present price of my initial cost of around $ 1.90. The market was strong, it recently listed in the US, ; things were great but then they weren’t. I need some non emotional, logical tools with which to make selling price decisions on these more volatile stocks. A suggestion of some technical measurements for these types of stocks would be helpful.
I have considered a stop loss formula of say a certain % increase would trigger a certain % stop loss order. For example at a 50% increase I would implement a sell order at 10% below current price or a 100% increase ( to be so lucky again) would trigger a sell order of 20 %. Being human I would probably kick myself if watching a 100% gain ( actually only 80% if I used this formula )go on to a 150 % gain, only to be stopped out at a much lower price !
Thanks
Derek
I have considered a stop loss formula of say a certain % increase would trigger a certain % stop loss order. For example at a 50% increase I would implement a sell order at 10% below current price or a 100% increase ( to be so lucky again) would trigger a sell order of 20 %. Being human I would probably kick myself if watching a 100% gain ( actually only 80% if I used this formula )go on to a 150 % gain, only to be stopped out at a much lower price !
Thanks
Derek
- Enthusiast Gaming Holdings Inc. (EGLX)
- Pinterest Inc. Class A (PINS)
- Palantir Technologies Inc. (PLTR)
- Unity Software Inc. (U)
Q: Hi,
I own EGLX, PLTR, PINS and U in my TFSA and all getting killed. Would you sell any to consolidate in 1 or 2 or sell them all and move to something else? Holding on is also an option. Looking forward to your thoughts.
Thanks for your great service.
I own EGLX, PLTR, PINS and U in my TFSA and all getting killed. Would you sell any to consolidate in 1 or 2 or sell them all and move to something else? Holding on is also an option. Looking forward to your thoughts.
Thanks for your great service.
Q: With the price below 2 dollars does this become a takeover target.
Q: hi, 5i
I am looking for pair trades for EGLX and DND to lock in capital losses. can you provide names to hold for a month or so, before buying back. cheers, chris
I am looking for pair trades for EGLX and DND to lock in capital losses. can you provide names to hold for a month or so, before buying back. cheers, chris
Q: Would you buy Eglx at this level? Many thanks
Q: thoughts on eglx earnings and future.. thanks
Q: Hi 5i Team - Could you elaborate on the results of the voting at the recent AGM meeting of EGLX. Specifically how successful was Greywood, how many of the board members are now from Greywood and how might the new board be structured including the chair. Also any ideas on who the new CEO might be. In your opinion should the 'Greywood' influence be good for the company.
Thanks.
Thanks.
Q: Please comment on Q2 results & going forward.Is it timely to add? Txs for u usual great services & views
- Meta Platforms Inc. (META)
- Roku Inc. (ROKU)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Digital Turbine Inc. (APPS)
Q: Hello Peter,
In light of the quarterly performance of Meta and Roku, what is your short to medium term outlook for the 3 companies mentioned above? Will they still be candidates for overperforming in a recovery bounce when the market is done with the downward trend.?
Regards
Rajiv
In light of the quarterly performance of Meta and Roku, what is your short to medium term outlook for the 3 companies mentioned above? Will they still be candidates for overperforming in a recovery bounce when the market is done with the downward trend.?
Regards
Rajiv
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Trisura Group Ltd. (TSU)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Q: Of the following, are there any you see as particularly vulnerable today? Held in a long-term account but I am considering shifting the risk profile in light of existing market conditions, and potentially closing out 1 or 2 positions:
SHOP, LSPD, TIXT, EGLX, TSU
SHOP, LSPD, TIXT, EGLX, TSU
- Air Canada Voting and Variable Voting Shares (AC)
- Lundin Mining Corporation (LUN)
- Enthusiast Gaming Holdings Inc. (EGLX)
- MEDIFAST INC (MED)
- Unity Software Inc. (U)
- Nuvei Corporation (NVEI)
Q: I'm down on these stocks, what are your thoughts currently and prospects going forward? Buy, sell, hold, add? They've all become less than 1.5% positions. Thanks!
MED, NVEI, AC, LUN, EGLX, U, AT
MED, NVEI, AC, LUN, EGLX, U, AT
- Sangoma Technologies Corporation (STC)
- WELL Health Technologies Corp. (WELL)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Nuvei Corporation (NVEI)
Q: Growth focused investor, high tolerance for volitility, trade very little, seems buy and hold works much better for me, except in the above mentioned stocks. I'm down 50% or more in them all. Stocks are held in either TFSA or RRSP. Considering getting rid of one or all, reentering LSPD? If you were selling, what stocks and what order?
Q: if you are in LEADERSHIP POSITION in eglx what are some ideas you would like to head into, like gambling ?
- WELL Health Technologies Corp. (WELL)
- Converge Technology Solutions Corp. (CTS)
- Enthusiast Gaming Holdings Inc. (EGLX)
Q: If you didn't own any of these stocks would you feel comfortable in buying full positions today.