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

It certainly is broad based selling

[tarsands]

the commodity selloff is affecting all indexs period. The Venture exchange today is in its 8th red day.  NYX today is thus far down 9 straight days in a row. 

It is highly unusual that a stock goes down for 9 days in a freakin row. 

what with news of fantasy sports and gaming news who would have thought it would go red by more then 25% over the course of a week or so. 

Volume is not much as well. It took more volume on the 14th 1 million shares+ too get us well over $4, and less then 1,070,000 shares too get us from $4.15 down too $3.21 today.

Slow bleed.

[Infirstmoney]

Been in gaming stocks a long time. They always get hammered in corrections (market corrections). Esp a high growth company like NYX. All the people with no money, or band wagoner's, all jumping off. I am just happy that we raised a lot of cash at much higher levels, so we do not need any funds for a while. We can ride it out, hopefully under-promise and over-deliver to the market. Earnings

[stocksnbonds]

Agreed.NYX got lucky with the timing of the CRYP/CWH deal and financing. If it had closed a week later, our initial investments would be heavily diluted and the deal not accretive to earnings if there would be earnings. Time to save cash and not buy anything more. Way too risky at this point I've been saying all along. It's time to build the warchest organically over the next little while.

[Infirstmoney]

No doubt that GVC making a much higher bid for BWIN is good for NYX. In fact, without AYA having to risk any upfront cash is even better. As a result, by GVC partnering up with Cerberus, I believe a deal with Amaya is even more likely. GVC will need to quickly de-lever, so a quick turnaround sale to AYA of the Poker assets would make the most sense. These are early days still, it will take time.