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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Comment by eljoroon Jan 31, 2017 6:42pm
183 Views
Post# 25780412

RE:RE:RE:RE:RE:RE:Load Up Ahead of Eric Nuttall!!!

RE:RE:RE:RE:RE:RE:Load Up Ahead of Eric Nuttall!!!Thanks stocksnbonds...I appreciate your comments.

JU...yes, NYX is a higher risk name than most of my other holdings, and I'm overweight but it still only makes up about 7.4% of my invested portfolio FYI, I generally hold between 20 and 30 names). I also keep about 25% in additional monies in a high interest savings account that pays 2% per annum. 

NYX was actually recommended to me by my broker 2 years ago around $3. I passed but kept an eye on it and when I started managing my money in Dec 2015 I continued to watch. I got in too early (late summer 2016) but the reasons why I like it haven't changed.

It's part of a (mostly) disciplined portfolio that returned 23.4% in 2016 (including my paper losses in NYX) and is up 1.6% YTD, My overall goal is to beat the TSX. To do so I have to take on a bit of extra risk and sometimes that means you eat it in the short term, but I'm hopeful that NYX will generate some eventual nice returns, I won't be adding any more shares but I have no intention to sell any time soon either.

Best,
El Joro
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