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Message: NTWK:

NetSol not waiting until August!

It has a mild promotion, straight forward, no huge promises, that seems close to any due diligence findings, but today, we hear that RedChip has started its research coverage and gives NTWK a strong buy rating with a target price of $3.00.

Frankly, I don't see this in a near future but the company is getting to profitability and next quarter could boost the share price (or some new contracts...) but not, imo, to that target price, at least, not this year!

Right now, the share price is around .75 and that's too low for NASDAQ; another problem that must be resolved by Fall.

All in all, good possibilities, steady revenues on the increase, worth more than just a look.

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