TSXV:NYX.DB - Post by User
Post by
JaretFFon Jan 11, 2017 10:31am
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Post# 25693517
Wow
WowMy emotions are running high too as I was hoping to see a better recovery quicker after tax loss season but it is only Jan 11th.
Everything being mentioned/complained about here is already happening and so we just need to wait.
Synergies are coming together, management has stated cost cutting is happening, very strong sales and revenue and product growth.
This is just daily swings of a small cap stock. There are a lot of investors who sold it recently that want to buy it back at a similar price and they are being patient waiting out tax loss chasers.
One article I read about an annual event that OpenBet was involved with did 5 times the bets it did the previous year I think I remember so maybe we will really see some good revenue growth and with the big steady revenue growth comes the ability to pay down the debt.
Yes Matt Davey made a big play, an aggressive play, maybe to big to handle, but we won't know for another 6 months and until then we need to just wait for the data to come out. Boring but true.
People that want quicker money and demand the company sell are fun to read but none of it changes that we just have to wait and let time pass.
If you have no patience, then that is why the price is down today passing shares back to the tax loss sellers.
Weird Stat: For some reason Westshore Terminals that was tax loss targeted for some reason didn’t bottom until Jan. 11th 2016 and then went on to go up more than 160% last year.
Why Jan. 11th I don’t know but I am going to hold on to this data point to make myself feel better for the next 24 to 48 hours lol.
Long and can't wait for a couple quarters.
Very Exciting.
GLTA