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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 gibbonsjon Jun 20, 2016 6:17pm
187 Views
Post# 24981636

RE:RE:One highly manipulated stock....

RE:RE:One highly manipulated stock....The 34k shares purchased for cancellation on Friday were acquired over 58 trades. The only reason I know for executing 58 trades to purchase such a small quantity of sub $1 shares is to either push sp up or down. Today with only one or two exceptions swaps or trades between TD Securities accounted for the first .01 drop in sp killing in every instance the drive higher. This pattern using various brokerages has been present since the buy back began. We cannot say with certainty that the broker doing the buyback is behind it but in any case this stock is being very expertly traded to the downside which is done by selling into a low bid whenever sp rises. The only way to win this game if you think the Company has merit is to buy along the way or wait to buy until sp levels off.
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