dchua1969

ESPO going to the moon

Long
dchua1969 Updated   
NASDAQ:ESPO   VanEck Video Gaming and eSports ETF
Read more details here

Read trend news here, here and here.

These companies are what I invested in and they are expanding more into the gaming sector. What does that tell you ? Would Microsoft invest 7.5 billion if they do not think the market is growing ? It is a 200 billion market by 2023.

Now, with this ETF , less than 3 years old, it has been doing exceptionally well. And what I like is it keeps the holdings small and not too diversified. I like the exposure to Japan gaming sector as it is more expensive to buy Japanese stocks (foreign) in SG as you would have to pay monthly custodian fees. So an ETF like this fits the bill. Plus, it has a <1% expense ratio.

It's a buy for me .

Comment:
Praise Lord
Comment:
So long as 64 price level refused to be broken up, we can expect sideway movement for a while
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