Heck with the dilution. Before you buy on if the US bomb Syria. Having CIMT based in Israel is a bit too close for comfort. IMO if they do bomb you will get this at a discount from were it is now.
I'm in the green shorting AMZN on all trades. It's all about timing, like now short when over $300 IMO will drop below $280 again then it's down or cover.
Price action is dead for any puts or calls. Time is bleeding you into a loss. On a margin account no interest cost to borrow shares to short with all the time in the world to wait.
I put out a limit buy at $16.95 after seeing that dip yesterday and got filled. Looking at the big picture with defense contracts with drones and with the public using drones to even deliver pizza!
NetSol responds to factual inaccuracies in Seeking Alpha article
NetSol Technologies issued the following statement in response to an article published Wednesday, October 2, in Seeking Alpha: When modeling the company and calculating research and development expense, the author fails to include amortization from the past year. In fact, by not including it, an investor would be double counting, a fundamental error. NetSol has capitalized costs for all projects that have established technological feasibility. The author erroneously aggregates the accounts receivable and revenues in excess of billings when calculating Days Sales Outstanding, or DSO. Furthermore, the author is misleading in his description of NetSol's accounts receivable because he does not factor the payment cycles of customers in foreign countries. In addition, a majority of NetSol's customers are in Asia where the duration of payment cycles are longer than in the United States. NetSol continues to report a decrease in DSO. For the period ended June 30, DSO was 106, compared with 127 days in the corresponding period last year. NetSol has been a publicly traded company for more than a decade and has full confidence in its financial staff, which must undergo rigorous due diligence checks. NetSol hired its new CFO for his breadth of accounting and finance experience. He is a CPA, with nearly 20 years of experience working in accounting, 13 of which were in public accounting. The author notes that NetSol's CFO has only 13-plus years of experience without citing his other work experience. The author also draws misleading connections between the CFO's firm and various companies. Additionally, NetSol's auditors were approved by shareholders and have a strong presence in Pakistan, an important characteristic for the company. They, like other accounting firms across the industry, have encountered challenges with China-based reverse mergers.
Only 1/2 the average volume traded today. All lots traded in the afternoon were under 4K shares, far cry from massive blocks. Nothing but a #$%$ lying short that needs to cover before it's too late.
The more shorts post the closer we are to start climbing. Say what you want every dog has it's day! Just look at stocks like BTH, shorts have to cover to post a profit and when they start no one will be selling.