TSXV:NYX.DB - Post by User
Comment by
stocksnbondson Sep 20, 2017 4:50pm
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Post# 26722300
RE:RE:Don't blame management and glad some earned profits
RE:RE:Don't blame management and glad some earned profitsAlso noticed SG went up 3+ fold this year starting at the $9 area. Wow, from a 1.00 as NYX had, a couple of quarters of solid profitability would have resulted in the same 3+ fold increases.
The business decision to sell was silly. Davey was hosed and he himself missed out on the biggest payday of anyone else. What a fool. I'm so glad Davey is not in charge. Unfortunately, I'll need to be content with low double digit growth rates rather than much higher. NYX did have a smaller base to work with in terms of revenues. It would have had more torque in its share price increases when the firm was profitable.
Poor poor management. $tupid decision to sell. I'm glad this chapter is over.
Onto SG.
Hope some other posters will continue there. SG is a proven player in the industry. It's well respected. It also has a wonderful lottery base. Have no doubt the extra muscle will help economies of scale. Watch how quickly they put an end to the new OB software. Sorry, had to add that in.
sb