Market players should now look for long-biased trades in NTWK if it manages to break out above some near-term overhead resistance at $7.74 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 225,909 shares. If that breakout hits soon, then NTWK will set up to re-test or possibly take out its next major overhead resistance levels at $8.71 to its 50-day moving average at $9.16 a share. Any high-volume move above those levels will then give NTWK a chance to tag its 200-day at $10.20 to more resistance at $10.45 a share.
- No debt
- Trading below book value
- P/S well below 1.0
- Current ratio above 5
- $10 million cash
- Insiders own 50% of the shares
- Institutions own another 30% of the shares
- Performance previously hit bottom and is now on the way back up
Generally, on a day to day basis it is very difficult to buy any volume of shares without pushing the shares higher or waiting a few days to be able to fill your order. Take advantage of people unloading below $4 today - because the chances are it will likely be a very long time before you can buy 1000 or more shares at this level as easily as it is today.
You're one to be calling anyone a liar?
You can think and say/post whatever you like - I really don't care.
Sorry to disappoint - was buying at $5 and $6 - selling at $13 and $14. Reloaded in low $8s and low $7s.
Operationally everything is better, even on lower revenues.
Further, key point which most people are not accounting for is the one-time large order fulfilled in Q3 2012 - so decrease in revenue yoy for this quarter is not very big at all.
and it does not say "lowering guidance 20%". Clearly reading comprehension is not your forte.
There were a number of bumps in the road which were not predictable, and because we know who comprises a good portion of the sales, it was clear that this quarter was likely going to be a little soft. Even so, the company performed well and turned in good bottom line numbers.
Eventually the government will get its act together and sales are going to pick up a great deal. When that happens, and as the sales base continues to diversify and move deeper into commercial channels, bottom line earnings will increase significantly. Surely it's not going to happen all at once, maybe not 3 months from now, maybe not 6 months from now, but it will be gradual. However, you can be assured that the company is operating better and more efficiently and as a result the future looks very bright.
Doesn't take a rocket scientist to see you are posting with multiple ids here.
What loss for the year? Have you still not yet looked up what the word "modest" means? Do you not know what 2012 loss was? Wait, that's right, you know nothing about this company.
Says Q4 profits will be 5 to 6 cents/share.
Why are you posting with multiple ids here? You do not know this stock or company. You will lose money at your game as a result.
The reduced cost footprint is allowing the company to show reasonable profitability even at a lower level of sales.
With the focus on increasing the top line, new products being introduced and gaining good market acceptance, the increased sales will come.
While the turnaround is in progress, enjoy the opportunities to accumulate shares created by folks like the joker who arrived this morning.
How coincidental that the both of you have only 2 posts since creating your ids, both on the same securities, and the last one on the same thread.
You are a joker.
Old numbers, never updated. No such thing as a "Yahoo Analyst".
Obviously the neophytes who do nothing but watch the Yahoo page of who's reporting earnings and what the "last published" estimates were are out in force today. I've seen a few of you clowns, and now obviously there are more of you playing this game.
I will be making money at your expense today and over the next few days. You are not going to be able to cover your short position - but go ahead and try to play the game.
I'm sorry that you don't have enough patience to see this through.
Guidance is not 20% lower - maybe you hadn't noticed, but YTD revenues are 20% lower than 2012 already...and yet the company is posting profits because it is performing and executing on their turnaround plan. If you read the announcement, the focus is on growing the top line going forward - and with a reduced cost footprint, margins will be higher and provide for greater profitability.
What was the loss for 2012? Go look up the definition of the word "modest".
"management now expects to report operating results in the range of breakeven to a modest operating loss for the year"
9 months EPS is currently at a loss of 6 cents.
Finishing out 2013 at breakeven would be a good turnaround from 2012 results and set up for solidly profitable 2014.
Spammer continues pumping - needs more sheep...shares not advancing...more sheep being gathered for the slaughter.
Yet another new id cashflow? Why - Y! removing everything you post with the old ones? Can you think of a reason why?
I'm glad that there are people who still think about things they read online, and question things written by so-called "experts" about companies which they decide to attack without having thorough understanding of what they present as facts.