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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Comment by ocean112on Aug 27, 2015 5:27am
196 Views
Post# 24055023

RE:ALERTS - Insiders buying large like CEO Kanaan

RE:ALERTS - Insiders buying large like CEO KanaanThanks Moochee - although there is something more fundamental going on that investors don't seem to realize.   If insiders already own close to 70% of the company and are buying up at these levels - do you think they plan to trade the stock or hold long?  I'm quite certain not one of the insiders plan to sell for a few years.  That means the supply of shares being traded on the market is not only low - but those who were shorting are likely out of the market (since they dumped thier shares at $0.58 to $0.70)...expect to see fewer sellers, and strong buy interest - which should drive this up in the coming months.....also - if they sign a transition deal on September 30th with the NHL (or preannounce a deal) - expect another 30% pop from current levels. 
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