They have a large tax break for all the employees in Pakistan. I believe it ends within the next 5 years. We own around 68 70% of Netsol PK. Netsol PK have contributed plenty to the company.
If you think all that selling was from that article then your an idiot. It was a cordinated attack on the stock. How long its been in the works I don't know. Building a short position during 2 months of range trading then a spike after earnings that just as quickly gets beat down. Speculative negative article ignites shorting along with organized shorting. Starts hitting stops then of the cliff it goes. The smart shorts are covering now and banking the gains. Do we get a second round of shorting I doubt it. There is no dispute over the contracts being signed and they will come to fruishion . Next week should be interesting.
How does a law firm start an article by announcing an investigation into allegations and end the article with announcing they are preparing a class action lawsuit as a result of this adverse information. Was the investigation done before the were done writing the article. With last names like Kim and Chan are the allowed to practice law here anyway. Lastly, why would I race to sign up for a class action lawsuit? Is it first come first served.
I don't understand why you people keep responding to JK . Ignore him regardless of what he claims. It doesn't matter what his reasons are for what he does. Ignore him. Its obvious he is trolling here regardless of why. You don't have to explain or rationalize anything to him. Ignore him. Let him spew his insignificant opinion all he want . You guys responding to him negatively gives him resolve. Ignore him. Its a free country and he can say what he want. Its up to you to not care what he spews. If you believe in the company enough to invest in it then do so. If you want to respond to him just trow him a thumbs down. When people see all the thumbs down he has they will understand. IGNORE HIM. Stop lowering yourself to his level. Jk you can respond to this if you want I really don't care. I have better things to do than troll yahoo boards all day every day. Ignore Him
Sentiment: Strong Buy
Your probable right but your no better . Wait weren't you suppose to go away. Talk about nonsense
I come here to see if anyone has listed Oracle articles that I have not seen. Instead I get a bunch lonely half wits spewing their ignorance about political nonsense. Do you get paid to do this or is your life so pathetic that you think your making a difference from here. Go outside, get a girlfriend , your life is going to end soon enough why spend it here proving your an idiot . Its not to late to make friends and have a real life, not an anonymous poster on a yahoo board. Good Luck you can change
hey look its the JK & KS monoduet again. Does anyone else find it odd that they show up together on the same thread on the same day . Its like your connected. LOL IDIOT. Thats singular in case you missed it.
All I can tell you is patience . This stock moves when its ready to move not when any of us think it will. Trust me it will move . I would expect at least one more dive for stop losses then a climb out of this range, Patience is mandatory with this stock. Tolerance will help with this message board and some of its posters.
We will see by next week . The numbers were not that bad. Testing the fear tolerance of the little guys. IMO this should be down but not to this extreme. Either cost average down or wait for next week . Triple witching today and the option players will drive this today. My 2c good luck all
Blah blah blah with no reason to be here. No one listens to you but you keep up the bashing there little guy we love the laughs.
I'm sorry for your experience but its nice to see comments people are willing to stand behind. An anonymous comment on these boards are about as useless as jk's life or which ever alias he is on. Won't have to worry about those dumb comments meant to infuriate rather than educate. Even if you just read the question and answers its better than here. Accountability is lost on this board.
Thanks for the site. I appreciated this answer to a major concern on this board posted yesterday.
NetSol Technologies Inc.
I received two questions today regarding Dilution and I would like to clarify for everyone. Last quarter there was a jump in share count due to a convertable debt holder converting debt to equity. As of the time of the call all debt was converted, meaning that NetSol no longer has debt or the associated interest payments. It also means that you will not see a similar uptick in sharecount as all debt has be converted. Investors should also note that NetSol purchased minority interest, increasing ownership of the company for investors which offsets dilution - I think this is something that tends to get overlooked.
The minority interest he is talking about is the Netsol Pakistan . They mention the increase during the CC, its was near the end if you go look.
Listen to the 2Q CC idiot. They says it right on the call. Where does your DD or investment ideas come from? Message boards... LOL