Look up about seethruequity covering NETE. stock has gone from .80c to $5.90 in 3 months
Net Element soared 750% since seethruequity started covering them in July with a price target of $3.47 and it soared to $5.90. today as of premarket it's $4.30 up 65% from yesterday close. A lot of action in this stock. Seems to me Seethruequity do their homework and know what they are talking about. Let's hope YGYI follows a similar path.
Here is an article about this:
USA Today Interviews SeeThruEquity Regarding Recent Surge in Net Element Stock Price
September 16, 2014 9:00am
New York, NY--(ACCESSWIRE) - SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announces that it was recently interviewed by USA Today regarding the recent surge in the stock price of Net Element (NASDAQ: NETE) in connection with Apple, Inc.'s (NASDAQ: AAPL) announcement on Apple Pay.
"We are pleased that NETE continues to receive a growing level of media attention concerning its mobile payments platform with this most recent coverage by USA Today. We are confident that NETE's new business opportunities, solid financial planning and continued execution by management will result in continued robust performance in the share price of NETE," commented Ajay Tandon, CEO of SeeThruEquity.
The full article from USA Today can be accessed here: USA Today Article.
Excerpts and highlights from the article are as follows:
"Micro cap stock Net Element NETE flexed some major muscle earlier this summer on Wall Street, when shares rocketed following a buy recommendation by ... research firm SeeThruEquity which launched coverage with a $3.47 price target when shares were trading at 88 cents. After a 120% jump Wednesday, Net Element soared another 79% to $5.70 in heaving trading Friday, meeting SeeThru's price target, and then some.
Behind the surge: expectations that the mobile payment and processor will get a lift from Apple Pay, the just-announced mobile payment plan system just announced by Apple.
Miami-based Net Element's holdings include mobile payment and transaction processor Unified Payments and cloud-based point-of-sale payment platform Aptito. Its current clients include American Express, Visa and Mastercard.
As of Friday, SeeThru hadn't raised its price target. But Brandon Primack, SeeThru's senior research analyst, says new management, financial maneuvers and new business potential has bolstered Net Element's outlook and makes the company' a compelling stock.
'... (the company's) story has changed dramatically in the past 12 months,' Primack tells USA Today. 'They do not have a specific relationship with Apple, but they're positioned to benefit from more business. It's not going to happen in the next quarter, but there is a huge market already overseas where digital currency has already replaced traditional banking. This is more the expansion of the conscience over mobile payments.' ..."
SeeThruEquity's reports on NETE are available here: NETE Research Reports. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zacks. The report will also be available on these platforms.
Please review important disclosures on our website at www.seethruequity.com.
About Net Element, Inc.
Net Element, Inc. (NASDAQ: NETE) is a global financial technology-driven company specializing in mobile payments and transactional services in emerging countries and in the U.S. The company operates its business through its global mobile payments and transaction processing provider, TOT Group. TOT Group companies include Unified Payments, recognized by Inc. Magazine as the #1 Fastest Growing Private Company in America in 2012; Aptito, a next generation cloud-based point of sale payments platform; and TOT Money, which has a leading position in Russia and has been ranked as the #1 SMS content provider by Beeline, Russia's second largest telecommunications operator. NETE has global development centers and high-level business relationships in the U.S., Russia and Commonwealth of Independent States. The company has U.S. headquarters in Miami, Florida and international headquarters in Moscow, Russia.
For more information, visit www.netelement.com.
About SeeThruEquity
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. We do not conduct any investment banking or commission-based business. We are approved to contribute our research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks and distribute our research to our database of opt-in investors. We also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street.
For more information visit www.seethruequity.com.
Contact:
Ajay Tandon
SeeThruEquity
(646) 495-0939
DISCLOSURE
See www.seethruequity.com for important disclosures.
