NetSol International Inc. (NTWK)

[bootysweat]

Had a newsletter on it on 7/26 with a followup email on 7/27:

On 7/26:

PSP Members,

We've got a new pick for Friday!

I know the summer has been painfully slow so far, but our patience is about to be rewarded!

Our new pick is a NASDAQ play that over the last 3 months has been trading steadily between .40 - .49 cents, but recently hit a high of .62 after a flurry of HUGE news.

The stock has now pulled back around the 55-cent mark with strong support established at .54 cents and looks poised for a second leg up!

Our new pick is a tech company that recently announced that they inked a software deal with a Fortune 500 Tech Company for the use of their application software!

In addition the company posted their highest quarterly revenue in company history, and announced that their preliminary revenue results indicate the company is on course for its strongest year ever!

The company has major clients around the world including:

BMW Group Financial Services-China
Mercedes Benz Finance-Japan
Allstate
Hertz
Pfizer
Proctor & Gamble.

The stock looks extremely attractive at current levels, and appears poised to break out at anytime should additional new hit the wires over the next few days. The company has a history of issuing news in clusters about every 2 weeks, so it appears overdue for more big announcements!

In addition, barchart.com recently upgraded our new pick to its coveted "Strong-Buy" Rating!

This looks like the perfect opportunity to take advantage of a quieter Friday trading session to snatch up a low priced stock that could have a potentially huge upside!

Make sure you read this alert in its entirety and lets get ready for tomorrow's session!

-James

++++++++++++++++++++++++++++++++++++++++++++++++++++++


NEW PICK

Netsol Technologies Inc.
NTWK
NTWK Chart
Currently Trading $0.55
NTWK Real Time 'Bid & Ask' Prices


PSP Members,

Our new pick is NTWK, a Nasdaq play that looks incredibly attractive at current levels!

With a 52 Week High of $0.95 per share, NTWK closed today at just 0.55, showing significant potential for gains especially on the back of recent positive developments surrounding NTWK, including the announcement that the company is on course for its strongest year ever!

BARCHART.COM has given NTWK a "STRONG-BUY" recommendation, supported by a number of technical indicators showing bullish trends developing.

About Netsol Technologies Inc.:

NetSol Technologies, Inc. designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide. The company offers NetSol Financial Suite (NFS), an end-to-end solution that covers the leasing and finance cycle. Its NFS consists of Point of Sale, a front office processing system for the finance sector; Credit Application Processing System to handle the incoming credit applications from dealers, agents, brokers, and the direct sales force; Contract Management System to manage and maintain a contract; Wholesale Finance System to automate and manage the floor plan/bailment activities of dealerships; and Fleet Management System to handle fleet management needs. The company's NFS also includes LeasePak that develops Web-enabled and Web-based tools for the leasing technology industry

Company Website: http://www.netsoltech.com/

NTWK Breaking News:


Vroozi Announces Agreement with A Fortune 500 Company:

Just last week on July 18, 2012, Vroozi, Inc., a worldwide provider of B2B and B2C e-commerce cloud solutions, and subsidiary of NetSol Technologies, Inc., (NTWK), announced an agreement with a Fortune 500 communication technology company to implement Vroozi's smartOCITM search engine software in its enterprise resource planning (ERP) e-Procurement environment.
The name of the company and terms of the agreement were not disclosed for competitive reasons. (Read More)



Netsol's Preliminary Revenue Indicate Company's Strongest Year Ever:

On July 12, 2012, Netsol Technologies Inc. provided preliminary revenue and earnings per share results for the fiscal year and fourth quarter ended June 30, 2012. Preliminary revenue results indicate the company's strongest year ever, with consecutive sequential quarterly growth throughout -- a company first -- and the highest quarterly revenue in the company's history.
Based on preliminary estimates, NetSol anticipates total revenue for the fiscal year will be in the range of $37 million to $38 million, indicating fiscal fourth quarter revenue of approximately $11.6 to $12.6 million, versus prior guidance of $8.6 million to $10.1 million. (Read More)


Netsol Technolgies Inc. Signs $5 Million dollar Contract with Global Bank:

Just last month, Netsol Technologies Inc. announced it has signed a contract with a leading global bank valued at approximately $5 million, whereby the company will implement its entire NetSol Financial Suite (NFS(TM)) solution, including the Wholesale and Retail platform.

The new project ranks as one of NetSol's largest NFS implementations to date in terms of value, and includes product licenses, business process consultancy and on-site implementation services. NetSol anticipates that the implementation will be completed by the end of calendar 2012.(Read More)

NTWK Technical Indicators:

With a "STRONG-BUY" recommendation from BARCHART.COM, NTWK is showing bullish trends developing over the short medium and long terms as shown in the Barchart.com breakdown of technical indicators signaling a "BUY", "HOLD", or "SELL" action:

SHORT TERM Indicators

7 Day Average Directional Indicator: BUY
10-8 Day Moving Average Hilo Channel: HOLD
20 Day Moving Average vs. Price: BUY
20-50 Day MACD Oscillator: BUY
20 Day Bolliger Bands: HOLD

MEDIUM TERM Indicators

40 Day Commodity Channel Index: BUY
50 Day Moving Average vs Price: BUY
20-100 Day MACD Oscillator: BUY
50 Day Parabolic Time/Price: BUY

LONG TERM Indicators

60 Day Commodity Channel Index: HOLD
100 Day Moving Average vs Price: BUY
50-100 Day MACD Oscillator: BUY

Investor attention looks to be on the rise as evidenced by the recent increase in trading activity. NTWK has traded an average of 751,722 shares in the last 4 sessions, showing an almost 20% increase over its 3 Month Average Volume of 633,543.

Closing today at $0.55 per share, and with a 52 week high of $0.95 per share, looks to be showing plenty of room for potential gains. Anticipating a fiscal fourth quarter revenue of approximately $11.6 to $12.6 million, versus prior guidance of $8.6 million to $10.1 million, NTWK is showing impressive revenue growth and could be on the verge of a breakout run very shortly and even into the longer terms.

I suggest researching NTWK immediately! Adding two more high value contracts earlier this year to an already impressive client list, and with preliminary revenue results indicating the company's strongest year ever, NTWK could be positioned for break out very soon.

The technical postures look very strong even into the long term and at a current price point of $0.55 cents per share. I recommend you do your research on NTWK as soon as possible and lets be ready for Friday!

Happy Trading

-James

On 7/27:

PSP Members,

With a light Friday session NTWK has remained steady and closing right around the same levels as the previous session.

NTWK still looks like we could be gearing up for a run in the coming sessions and barchart.com continues to hold a "Strong-Buy" recommendation for NTWK with the technical charts still showing bullish trends developing across the board!

We saw a very similar pattern with our previous pick NBS, which just today hit another high of $0.77, representing nearly a 15% increase over the close at the time of the alert! The stock traded over 1.5 million shares traded in today's session alone!

Continue to keep your eyes on NTWK over the next week, and lets see if we get the breakout we're expecting, and I'll keep you up to date with any further news.

In the mean time, keep your eyes on your inbox for our next alert!

I've got my eyes on a couple of bounce plays at a extremely attractive levels (all below 10 cents), that look poised for breakout run in the very near term. I will be watching them early next week, and will alert you if one looks ready to rally.

Have a great weekend!

-James