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Guild Esports – explaining a material uncertainty statement as it spoofs ahead of the bailout placing

By Tom Winnifrith | Monday 27 February 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Another day and another ramptastic announcement from Guild Esports (GILD). Of course it is nothing news but that is not the point. As it tried so hard to hide from investors, until I flushed it out on January 31, the company is running on vapours and needs to do a placing pronto (indeed it lied to its auditors and said one was already underway to get audit sign off) to avoid a duet with the Fat Lady.
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