STOCK GOODIES PLAYS OF THE WEEK

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NETE @.21c ****$5.17 Pps Target


http://finance.yahoo.com/news/seethruequity-issues-company-net-element-142700458.html

"The note is available here: NETE January 2016 Update Note. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack's. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

"We see the final retiring of the Series A convertible preferred stock as a positive move by the company, which should reduce a potential risk of further dilution to shareholders. Net Element has worked hard over the last year to reduce debt and improve its balance sheet. In addition, we were pleased to see rapid subscriber growth from Digital Provider (formerly TOT Money), the subsidiary also experienced a solid increase in transaction volume processed on its mobile payments platform, which is up 86% since January 2015. We are maintaining our 12 month price target on NETE of $5.17 per share," stated Ajay Tandon, CEO of SeeThruEquity."