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Wednesday, October 12, 2016 6:33:35 AM
Penny Stock in the News: Investors Looking at Net Element, Inc. (NASDAQ:NETE)'
Penny stock investors are zeroing in on shares of Net Element, Inc. (NASDAQ:NETE) after the stock price moved moved 1.87%, reaching the $1.09 price point following a recent trade.
A big advantage of investing in small-cap stocks is that there is an opportunity to beat the institutional investors. Mutual funds have restrictions limiting their power to buy up large portions of any one company’s outstanding shares. The stock is -7.66% away from the 20-Day Simple Moving Average. Their 50-Day Simple Moving Average is a difference of -28.58% from current levels. Further back, their 200-Day Simple Moving Average is -50.56% difference from today’s price. As we stand today, the stock is -54.39% from its 50-Day High and 5.83% from the 50-day low.
http://www.duncanindependent.com/penny-stock-in-the-news-investors-looking-at-net-element-inc-nasdaqnete/
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