Replies to post #2209 on Net Element, Inc. (NETE)

[Avoid]

" The company is currently negotiating with NASDAQ for an extension and so far the exchange has agreed to give them more time to clear out the preferred stock and stabilize the cap table."

pag 4

http://s1.q4cdn.com/460208960/files/Dec-4-2015_NETE_Thompson.pdf

[PennyStockTrader2]

I dont think they are, I think they really mean it without the RS. I posted previously that I felt that that was a bit outlandish, but it does indicate in the least they think it will be a lot higher than it is today, could they be off base by that much?

Well, the Zachs report just referenced had Zachs set a buy rating when it was at $1.50 a year ago, and it went all the way down to 5 cents as we just saw, so its hard to give credence to these independent parties to some degree.

Do your own due diligence and hope for the best. Personally I believe this has a ways to go but with limited capital I have traded in and out of it and that has worked well for me. If it runs away over 50 cents, I doubt I would get back in unless it fell back strongly. As we saw it is volatile and fell back a lot farther than I am sure most of us anticipated.

[ash111]

this may not be needed