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

31,000,000 in Short value traded

[HowdyBob]

What the?

https://shortdata.ca/?c=nyx-gaming%20group%20limited-short-sales&sym=NYX.V

[HowdyBob]

Not something to worry about as its the Sept 15 to 30 data...but still what does it mean? weird numbers in comparison to the history of shorts 

[GustavoFring]

I think it might work as the insurance for those who want to keep the shares w8ing for the white knight and want some protection as well 

[rankininlet]

My thought is that it is a real short by parties thinking the deal might fall thru. The shortie would think low probability of white night AND the ratio of the 5cent loss on buyout vs $1.20 gain on deal failure is in their favour. Deal failure could push NYX back to $1.10. I am a retail guy so take it as retail chatter please.

[Investor4000]

There is little doubt that this deal will go thru. First at 2.40, it is cheap, and SG are not overpaying for this. Also there is a 30 million penalty if this bid fail from the SG side. It is not a lot for them but still ...it is massive for NYX. The chance for Nyx to come back under 2.00$ even if the deal does not come thru is close to zero. I would actually rather have NYX operating and pay their

[Ronbromleygross]

That is ok by me. If it falls back to $1.10, I will use it as an opportunity to load up. Sooner or later someone else will come along and buy it up.