Big rebound coming in NTWK shares. Earnings were huge, beating estimates on top and bottom lines. There will be new 52-week highs before the next earnings report - this is guaranteed.
Upgrade is coming within days - I am telling you, watch for Howard Helpern's updated report - he knows his stuff.
NetSol Technologies (NTWK): FQ3 EPS of $0.30 beats by $0.09. Revenue of $12.8M beats by $0.89M. (PR)
If the stock shows weakness at the open, use it to acquire more shares, because once it moves up over the next several days, it's not going to come back down to these levels again.
Selloff yesterday was completely unjustified, but is typical in the current market environment. I've seen it on a couple names I owned immediately once earnings were announced. In every single case, over the following days the stocks have all rebounded and moved higher. It will happen here. I am hoping that we do see a sub-$10 price again to get a lot more shares but am not very confident it will happen. Maybe MM will try to do it again, but I don't think it will be anything like yesterday.