TSX:NLN - Post Discussion
Post by
retiredcf on Aug 20, 2015 8:33am
Bruce Campbell 2
Last stock in the clip. GLTA
https://www.bnn.ca/Video/player.aspx?vid=684321
NLN-T |
|
2015-08-19 |
COMMENT |
Bruce Campbell (2) |
What happened to the stock is what happens in a bad market when you have a surprise announcement. He likes to look at technical indicators and quite often they lead the news. With this company, that wasn’t it at all. If anything the charts were actually turning up and improving. The news of losing the NHL contract came out and the stock went down. The outlook is fairly strong. NHL represented about 10% of their revenue and 25% of their EBITDA. However, they are still negotiating with the NHL in ways they can continue to work forward. Also, growing in a number of other areas. This has been penalized a little too much.
Tweet finance |
Price:
$0.670
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes |
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