TSXV:NYX.DB - Post by User
Comment by
rankininleton Feb 09, 2017 9:16pm
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Post# 25826103
RE:RE:VERY BULLISH FOR NYX
RE:RE:VERY BULLISH FOR NYXI leave the day to day market price movement to others. I would like to point out that we need a change in sentiment - catalyst to push this stock price higher over longer term. The last price pop I re-call was going into quarter end - last quarter I think - stock climbed from about $1.40 to $1.70, could not hold the gains and continued the downward spiral. About a couple years back there was a climb from $2.15 or so to above $3.00. I was not watching that close back then. Do not re-call the catylist. Might have been alot less than two years back. I not sure. My point is not about the past. Seeking Alpha article points to a variety of potential positive catylists. Alot around improved profits and improved balance sheet. As the SA guy points out - seems to be more reward than risk at this price. My Christmas 2017 wish list: - continued improvement on margins - cost reduction improving cashflow - continued 10% organic revenue growth - customer retention and additions - product development - improve balance sheet - no major initiatives like OB deal - no new share issues There are other potential positive catalysts. Also potential negative ones. When the state of our business operations improve we see SP improvement. My Right now we in the penalty box with whole industry. I have a weird idea! Why not sell 49% stake in OB to management or bond holders? We keep control and use sale of minority stake to improve the balance sheet? Why not re-list OB and retain 51%. We need something to improve somewhere as past two years of shareholder wealth destruction near criminal .