TSXV:NYX.DB - Post by User
Comment by
stocksnbondson Nov 16, 2016 7:50am
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Post# 25467171
RE:RE:RE:We need opinions from experienced guys here...
RE:RE:RE:We need opinions from experienced guys here...Point well taken. The main difference is that NYX still needs to absorb the OB purchase and finally made a few dollars in profit this quarter. The ones you mentioned are cash cows and have been for awhile. They have a money war chest ready to go for purchases, hiring, anything. NYX does not. People here were speculating last night on a PP. It's not out of the realm of possibility. They have some cash on hand but it certainly would explain the fall in price. Still have not listened to the call.
The next week will tell us where this will stay going into the Christmas season. As for tax-loss season? That's not usually until the latter half of december. Funds would dump now to get the stock off the books for November. Only stocks on the books as of the last trading day in November get published to fund investors. Who wants to show you purchased over 2, 2.50, 3, 3.50 ? Now the stock is 1.42 ? People pay lots in fees for increasing in their portfolios. The fund managers will do anything to mask the loss.
Hoping for a rebound day today.
sb