TSXV:NYX.DB - Post by User
Comment by
retiredcfon Aug 04, 2015 4:56pm
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Post# 23988500
RE:the whole small cap canadian market is imploding!
RE:the whole small cap canadian market is imploding!It's definitely not for the faint of heart (and I own all 3 of the stocks you listed). Skittish investors overreact on any news while the MMs and bashers/shorters move in to take advantage. Unless the daytraders see revenue increases in the 100's%, they now run for the exits. That's why if you can, you put aside a bit of money so you can take advantage when these opportunities arise. And today's volume was relatively light which tends to exaggerate the moves of the SP.
I agree that the NR was fine and the company is moving in the right direction. All you can do is trust your DD and batten down the hatches. GLTA