Net Element, Inc. (NETE)

[PennyStockTrader2]

After the 10 to 1 split, seeing this trade in a 2.50 buck range, even though thats the same as a .25 cent range under a buck, is just surreal. Anyway, this is a great trade, cant time things perfectly, but there is good money to be made with a long bias, but as I have mentioned ...

The insiders are heavy holders in management, and you can be sure they believe in the company. I say follow the insiders, that's what i am doing. At $10 bucks (I know, we need to get used to talking in post split terms, living in the "now"), I would anticipate holding about half my max ever position and taking it from there. Remember that at that point it would have quadrupled, but the upside may still be significant.

The problem though I have to say is that the outstanding share count jumped another 3 million, not sure what to say about that but its dissapointing