Net Element, Inc. (NETE)

[PennyStockTrader2]

I missed the conference call BUT transcript is available here on Seeking Alpha

https://seekingalpha.com/article/4099542-net-elements-nete-ceo-oleg-firer-q2-2017-results-earnings-call-transcript?page=1

I picked up more today at .34, this is really wearing on me, like a hamster on a wheel. But I have to say, the call seems positive and all of management has bought shares at higher prices, so they believe in what they are doing. The CEO re-iterated that the value of the company is significantly more than what it is right now. Re-occurring revenues seems to be what they are after. Higher growth rate will require more money and reoccurring revenues will catch up to their expenses and that way they'll reach profitability, maybe a year out.

I dont know, they really seem to have it all on right, but I certainly am no expert to discern, but I am convinced that the company should be worth at least twice what it is now, and that's probably low-balling it after having been beaten down so hard. Anyway, in my opinion this is a strong buy at this price especially for those that don't have any shares yet, but also to those looking to average down which I have continued to do.