Post by
stockuserid on Aug 14, 2015 12:41pm
NeuLion needs partnership
In order to compete with MLBAM and slowly loss businesses, NLN needs to work with partners like microsoft or google (JV or buyout).
Mr Wang and Ms Li owns almost 80M shares (41%) of NLN shares.
I'm pretty sure, they have some plan how to turn around the stock price.
The couple, Mr Wang and Ms Li bought 2M shares (last Aug 6) but did not help recover the stock price.
Maybe they need to buy few more million shares.
Comment by
stockuserid on Aug 14, 2015 1:21pm
I'll not be surprise if next NR will be a take-over bid. Since SP is too low, this is an easy double. Please take note, latest insider buying at 86 cents,
Comment by
88guy88 on Aug 14, 2015 1:33pm
what is your guess on the takeover bid price....the low target by analysts is $1.67
Comment by
stockuserid on Aug 14, 2015 2:22pm
my recommended target price is at least $2
Comment by
albertkaholeung on Aug 14, 2015 2:28pm
I'm interested in how you came up with $2? That would mean a 200%+ premium on the current SP.