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NeuLion Inc. (NLN $1.08)
- $1.08 Cap: $302M
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NeuLion Inc. (NLN $1.08)
- $1.08 Cap: $302M
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Q: I am seriously considering adding 5000 NLN and 4000 PHO to my TFSA for growth opportunity over the next 1 to 2 years. Are the fundamentals sound for both these 2 companies and would you generally be OK with this choice. Do you have any better ideas of how to invest $10,000 in my TFSA with growth being my main objective???
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NeuLion Inc. (NLN $1.08)
- $1.08 Cap: $302M
- View NLN Profile
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Q: Hi Peter,
Yesterday's announcement by NeuLion that they have reached a deal with Fortress Investment Group to sell certain DivX assets has resulted in the stock jumping about 25% today. The scuttlebutt is that they are trimming down to focus on opportunities involving their OTT technology, and possibly to make the company more saleable to a bigger player. Any thoughts on this, and might it be a good time to buy?
Thanks very much, and Happy Holidays!
Brad
Yesterday's announcement by NeuLion that they have reached a deal with Fortress Investment Group to sell certain DivX assets has resulted in the stock jumping about 25% today. The scuttlebutt is that they are trimming down to focus on opportunities involving their OTT technology, and possibly to make the company more saleable to a bigger player. Any thoughts on this, and might it be a good time to buy?
Thanks very much, and Happy Holidays!
Brad
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NeuLion Inc. (NLN $1.08)
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- View NLN Profile
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