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Friday, November 19, 2021 7:16:48 AM
“ Enthusiast Gaming (NASDAQ:EGLX) reported quarterly losses of $(1.00) per share. This is a 900 percent decrease over losses of $(0.10) per share from the same period last year.”
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Big investors are wary that management may not be as good as Rblx even if there was more visitors. Looking at Rblx’s partnerships it appears as if they are dominating the space with deals and EGLX is trying to pick up the scraps, also with some share offerings this year …. Trouble with monetization, maybe if they improve that they can become like Rblx.
my posts are always theory and not financial advice
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