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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 Retiredat40ish on Aug 22, 2017 10:45am

Keep Holding?

I am a 2 year shareholder, who has continued to average down.... From what I see management continues to not perform, anaylst are not longer interested.... Canaccord continues to produce big reports about NYX being worth 4 dollars, but then sells the next day.... The leadership could not even be bothered to care today.... Talking about 4-5 years out performance.... They have continued to drop for 4-5 years..... This is a 10 year turn around plan?????
Comment by Mastermind28 on Aug 22, 2017 10:50am
This stock reminds me of Air Canada. The stock price went down big time every earnings report for the past 1.5-2 years. People were impatient with the stock and continue to sell. Even I sold just making a lousy profit. Look at the stock now...its worth $23 - that's double at the price I bought it. I made the mistake with AC but I won't make the same mistake with NYX. This company is ...more  
Comment by Retiredat40ish on Aug 22, 2017 10:53am
But why.... Management continues to underperform... They have scared away any of the analysts by making them look silly.... Go on BNN listen to anyone of them and they are the first to say the company needs to management..... At some point do you not have to care about the investors?
Comment by onward1 on Aug 22, 2017 2:11pm
Retired, you are absolutely right. The people running this company don't care about investors or more likely they have not grasped how important it is to build credibility, communicate, and manage for the benefit of investors. When you have what i call a "gear-head" running a company (former regulator as is in this case or lawyer, medical doctor, etc), they often ruin shareholders ...more  
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