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November 04, 2024

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X1 Entertainment (XONE.C) Profit takers offer cheap shares to long term investors – Three Minute Hits Video

X1 Entertainment Group (XONE.C) is a Canadian-based company focused on growing a diversified portfolio with assets across the gaming, esports, media, and entertainment industries.

In the middle of October, shareholders began a sell off that resulted in X1 dropping from $0.40 CAD per share to $0.10 per share as of November 4, 2022. Was this move a sign of investors permenantly abandoning ship?

Chris Parry, Equity Guru founder, esports aficionado and current shareholder in X1, details the drop, the reasons behind it and whether investors should be hanging in or heading for the hills.

Enjoy!

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