RE:RE:RE:Neulion: Up 45% And Still UndervaluedI absolutely agree that other investors have similar feelings. I do however disagree with why this feeling comes about.
I believe Neulion has been growing very rapidly and the numbers certainly reflect that. They addressed the investors shortly after the NHL loss with a trading halt and reaffirmed that they did not believe they would lose other contracts going forward. They had also at the time affirmed that the NHL revenues were becoming a lower % of total revenues, and therefore the impact would not be significant.
A handful of news reports are rehashes of previous news, that's true. But many are brand new happenings. Like Nokia. Like the MLB. And this was all in the past week.
I truly believe that the market does not recognise Neulion's potential because they are blind to it. Neulion is not *cool*. it's not hyped. It's not trading at multiples akin to big companies like Netflix and Amazon. While I'm hoping this will change, it has yet to. So in that sense, you are correct that unless the numbers appreciate nicely, the SP is unlikely to go up significantly. That sucks, because we're holding a company that will (IMO) inevitably be worth multiple times its current valuation.