Net Element, Inc. (NETE)

[PennyStockTrader2]

I have been following for a few months and have a smaller investment in the .13 range. I simply cannot see why the PPS has fallen so low, it really defies what they should be valued with their net revenues. Reverse Split bla bla bla, that should not drive down the price for a company like this, and I am sure they will wait for a recovery before executing the RS. Talking to them they are baffled with the drop as well so I don't feel as bad and they are working hard, and to be honest, that's exactly what I was surmising on my own. And we know the insiders are buyers at higher prices than where we are now and recently for that matter. Maybe many investors have lost so much that they figure now's the time to take a loss and move on, with the theory that any rebound will be negligible compared to their initial investment. If I had more money I would put some in now at these prices, I simply don't see the downside (but I said that at twice the price where it is now LOL)