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Bullboard - Stock Discussion Forum NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

TSXV:NYX.DB - Post Discussion

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Post by Daytrader1971 on Jan 17, 2017 9:31pm

No response yet

Waiting for the company to get back to me on their plan to reduce costs. I am getting nervous that I didn't get a same day response. Hopefully it's because people are busy. I give it a week, if I don't  get a response I am dumping my position and moving on the stress of owning this stock is tough.
Comment by Carpenter72 on Jan 17, 2017 10:00pm
The worst time for selling, the best for buying. The stress is minimum at this level for the longs...
Comment by Daytrader1971 on Jan 17, 2017 10:37pm
I thought at 1.65 it was great., couldn't lose. , then again at 1.40.. couldn't lose.. the again at 1.22 .. I couldn't lose.. you know what.., I keep losing. 
Comment by bmaw604 on Jan 17, 2017 10:40pm
I'm in the same boat but I feel we are near the bottom. I hope to average down again before it goes back up.
Comment by Carpenter72 on Jan 17, 2017 11:15pm
You have to stay focus on fundamentals and all the global perspectives...Could be an easy 2$ stocks in the near term and 10$ in 2 or 3 years. Imagine if the USA opens or any others countries. All the new licenses in a more and more regulated market! Maybe China one day... Look at the true value of the cie and not the share price you paid to evaluate. Markets are so irrational  sometimes and ...more  
Comment by JamesNG on Jan 18, 2017 7:12pm
Carpenter72 is right. BTW guys, the company has already cut staff (this is reliable info), they simply are not putting out a press release every time they fire some people! But don't expect a huge change in Q4/2016 vs Q3/2016. We should see better results this year, in 2017. If you are investing for the short term (that is less than 1 year), this stock is not for you and actually you shouldn ...more  
Comment by stocksnbonds on Jan 18, 2017 8:38pm
JamesNG, no disrespect but I must say, there had better be a marked difference between Q3 and Q4. With Organic growth of roughly 25% and a decrease in the marginal cost increases, or better, steady or lower costs, NYX should not only be cash flow positive but profitable where Total R>Total costs. I'd like to know if indeed staff have been cut. Can you share a bit more insight as I'd ...more  
Comment by Roddy70 on Jan 18, 2017 2:13am
This post has been removed in accordance with Community Policy
Comment by KaeKam44 on Jan 17, 2017 10:08pm
Net Buying $494,165 by Insiders in the last year. Insiders bought 75,000 shares on the public market @ $1.21 on 12/22/16 and 125,000 shares on the public market in the month of November 2016. I think its safe to say we are ok.  Four(4) Analysts currently rate NYX as a BUY and 3 Analysts rate it STRONG BUY!! Q3 Earnings estimates were 0.04 and NYX DESTROYED the Analysts estimates @ 0.41 as the ...more  
Comment by ANONYM0US on Jan 18, 2017 4:21am
Don't hold your breath. Sorry to see you go. I'll buy your shares.
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