Nylex is cheap at 35cents or lower. Nylex is cheap at higher prices depending on who you ask. I have put my borrowed money on it.I therefore feel that if people get out they will regret it , unless they find a better earner. Sure the capital raising is like cold water on the price and an insult to investors. Some traders were probably inside trading to cause such a drop. Actually they probably were inside trading to push it up to 46cents too. Possibly it is other reasons like manipulation or hysteria or follow the leader sheep behaviour. The thing is there is now a chance to buy low and sell higher, immediately or keep for a year(or more) and pay less tax. It may be scarey but I think it will be profitable.
NLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
