RE:Smedley makes NLN a Top Pick on BNNGlobe says Smedley sees NeuLion standing out from crowd NeuLion Inc (C:NLN)
Shares Issued 175,078,227
Last Close 8/21/2014 $1.06
Friday August 22 2014 - In the News
The Globe and Mail reports in it Friday, Aug. 22, edition that Morgan, Meighen & Associates chief investment officer Michael Smedley is keen on NeuLion ($1.06). The unbylined BNN Market Call column reports that Mr. Smedley bought the stock for a buck in March. Mr. Smedley says NeuLion made an impressive presentation at Canaccord Adams Growth Conference in Boston a week ago. Mr. Smedley cautions that the world is full with Internet juniors and stagnation lurks everywhere. He says: "NeuLion seems to stand aside and stands out in powering video and live content. It is in leadership in an array of major sporting events. Its streaming service had 10 million visitors during the World Cup -- the viewing of which was dominated by the mobile world where devices took over 87 per cent of total consumption. Another example with Rogers of success: NeuLion has extended to 12 years a deal to be exclusive national rights holder for the NHL." Lester Asset chief investment officer Stephen Takacsy said buy NeuLion in The Globe on April 7. Mr. Takacsy suggested the NeuLion shares were undervalued. The Globe noted that Mr. Takacsy looks for out-of-favour investments. NeuLion shares could then be had for 91 cents.
© 2014 Canjex Publishing Ltd.