Net Element, Inc. (NETE)

[PennyStockTrader2]

You are right about the tripling of share count over two years, which certainly puts a damper on things, but, they are in the trenches working towards limited dilution going forward. They hit their goals as stated during their conference call, and they are an established business. As this approaches a buck, then it becomes a lot less attractive for holding, but, who knows, another doubling from there is possible.

The point was that at 30 cents, it was flat out oversold and a screaming buy, if not for any other reason, technicals, and that's the point I was trying desperately to make in my posts. The first "double" from 30 to 60 was a slam dunk in my mind, while going from 60 to 1.20 could be more work since we're talking the difference of a 6 vs. 11 mill dollar company compared to a 11 vs. 22 mill dollar company. NETE, a 6 million dollar company, no frigin way.