TSXV:NYX.DB - Post by User
Comment by
eljoroon Oct 28, 2016 12:24pm
187 Views
Post# 25398710
RE:RE:RE:Small cap ...
RE:RE:RE:Small cap ... I know it's numbing to watch, but NYX eventually WILL have up days. I typically don't buy anything on the Venture (unless it pays a dividend) but I made an exception with NYX and I recently averaged down earlier than usual.
I did this because when I first bought shares at $2 I believed in the story, in what analysts have been saying and in the pipeline of partnerhsips they have steadily been announcing.
Nothing but the share price has changed since then. It's annoying and frustrating to see the price go down 7 days out of 8 for several months but nothing goes down forever, even if it feels that way now. If the company continues to execute, signing more partnerhsips and licensing agreements that are accretive to earnings, and especially if they move to the big board there will likely be a quick turnaround in the share price.
Annoyed but not selling. Will average down further if this drops another 10-15%
best,
El Joro