NTWK - Sector: Technology---Industry: Software & Programming

[usedcasting]

Bid at $2.67.

OK!

[fous]

Congratz wiseman! I can't wait to see price action today. Up 116%!!! A great day its going to be .

-fousc

[puenthouse]

Nice job!!! are you still in PDEX also or did i miss something?  and what to do here? get out now or do we all think it will go up?  Great job wise!!!

[fous]

Nice job!!! are you still in PDEX also or did i miss something? and what to do here? get out now or do we all think it will go up? Great job wise!!!

Thats a good question puentouse. My trading plan is to hold as long as it closes above my technical target of $2.43. Right now its at $2.44 .

once again great pick wiseman. I love the quickies

-fousc

[wiseman213]

The shake is almost over

Just like the PDEX action initial sell-off by frustrated longs and impatient short-term traders followed by a nice gain.

I am adding a bunch in the low $2.3's because this puppy will be flirting with $3 next week.

[wiseman213]

THIS JUST IN!! .............80% REVENUE GROWTH FOR 2006!!!

NetSol Technologies, Inc. Releases Guidance for Fiscal 2006
Wednesday September 14, 12:35 pm ET


CALABASAS, CA--(MARKET WIRE)--Sep 14, 2005 -- NetSol Technologies, Inc. (NasdaqSC:NTWK - News), a developer of proprietary software applications and provider of information technology (IT) services, today announced guidance for fiscal 2006. The company expects revenue for fiscal 2006 to be between $19 million and $20 million. Revenue guidance and net income guidance will be updated mid-year.

[slt2005]

I am buying too Wise. Great entry point at $2.35.

This one will be like PDEX soon..

[tugsinav]

Not sure how reliable it is but
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=ntwk

[wiseman213]

This is THE bottom.....$2.15 -  2.2

Huge 1Q coming up in just four weeks.

With a higher base and higher visibility, NTWK will go over $3 after 1Q earnings.

I added a bunch at $2.2...

[oandras]

This is THE bottom.....$2.15 -  2.2

Huge 1Q coming up in just four weeks.

With a higher base and higher visibility, NTWK will go over $3 after 1Q earnings.

I added a bunch at $2.2...

Thank you wiseman for the pick. I am in.

[Loffigus]

The gap two days ago has been closed, and we are consolidating now.
Should start to move up from here.  Price Target $3.30   

Fundamentals always win in the end.

[wiseman213]

I agree 100%.

Don't forget that huge 1Q numbers are expected in about 4 weeks...

[wiseman213]

The gap has been filled.

It is up from here. The company will likely pre-announce record 1Q 2006 results...and that can be any day.

Even if a 1Q pre-announcement is not in the cards, 1Q results will be reported within a month. With the great expectations as a result of the bullish guidance and the recent contracts, NTWK will fly after a date for 1Q 2006 release is announced.

Time to accumulate folks.

[bjc]

To start things off, I'll say I'm a rookie to most of this. 

Looking at the charts of VPHM and HOM and then NTWK and PDEX, I see pretty similar starts to the rallies.  Two white candles to start the move up on high volume(with the exception that NTWK's second candle was black), followed by a rounded decrease in volume and then a pretty steady move up.  I feel like NTWK and PDEX's retracements are healthy, and the start of the move up on fairly small volume should start pretty soon. 

In all of these cases, the fundamentals drive the rally, but the start of each looks similar to me. 

Like I said, I'm pretty new to this.  Any input on if it makes any sense to anyone?

[wiseman213]

Bjc,

You are very good to be new at this . However, I am more fundamental than technical. But I agree with you that at these prices, NTWK and PDEX are excellent buys. I bought a bunch of both stocks at near the LOD on Friday.

Both will report strong earnings in  just a few weeks. I see a 30 to 50% increase from these prices within a month. Something very similar happened to LANV..one of my recent picks.