NTWK $6.20 Up 4%….Breakout Alert…..Analyst Target: $16.....Up Every day following record 4Q and FY 2012 Revenues. .....Guidance for 2013 is strong with 30 - 40% revenue growth and $1/share net income.....Cloud Divisions growing exponentially.....Short-term (about a month) Target: $10++.....6 PE…..Significant institutional and insider buying.…3M share float.
Up 4% and ready to breakout
Last week was accumulation and gap-filling time. NTWK is ready to resume it's upwards move to $10+
Fiscal 1Q 2013 ended yesterday and guidance suggests a 60 - 80% Y/Y revenue improvement and 15c to 20c/share net income compared to a loss last year.
Pre-earnings rally will start any day and a pre-announcement in a few days is definitely in the cards.
Do your DD on this super undervalued Cloud software gem poised to grow exponentially