RE:RE:RE:RE:RE:RE:RE:RE:Does Amazon want to eat Neulion?Few years ago I was following a company that had very similar habbits as Neulion. It was called Glentel. They were the biggest cellular store network in Canada and growing internationally. They were controlled by the Skidmore familly. The company was doing really good but then started to buy back shares. They were controlling over 50% and still buying back. At that point I got afraid of losing control and sold out. I made good money with them from 2001 to around 2011 but I missed the last wave were they basically quadrupled with a buyout as a finale. Imagine that, Bell and Rogers ended up partering in order to buy their biggest distribution network and not lose that control over competition. They had to close their nose, partner with their largest competitor and pay the big money. The Skidmore family took all the right decisions to become a buyout alternative that nobody could afford not to buy.
I believe that Neulion is getting ready for a buyout as well. It doesn't mean it will happen or when it will happen. But everything is falling in place. And if it happens it will not be for under $2 that is for sure. They are not accumulating in order to give it away. Even if they are not making money at this time. Their relations and control over this fast growing new market is such that the big players will not be able to afford not to buy. Actual revenues is not important. Staying the leaders and becoming a must is what Neulion is going after. Bamtech-Disney valuation proves just that.
GLTA