Thursday, September 27, 2007

NetSol Technologies Inc (NTWK) is a Cheap Growth Engine


After the FED rate cut last couple weeks ago. The market is in the uptrend now. With Chinese stocks are having the biggest potential. It is the .com era for the Chinese stocks. Any time you buy China related, it is going up. Stocks such as (JRJC), (CPSL), and (CBAK) are going up without any slow in demand for these stocks. Play them while they are hot! Get out whenever you see the trend is heading down. Chinese Stocks are Hot!

One stock I particularly like is NetSol Technologies Inc (NTWK). It is the cheap China related stock. Why? It is about $2.80 as I am typing this blog. It is the IT business but selling it in China. It is a growth and small cap stock. The revenue growth for last quarter was at a whopping 78% from previous year. Earning was $0.07 up from lost of last year. During the conference call, the management was indicating demand was there in China. Again the key is CHINA. Buy it while it is still cheap! Take a look of the volume lately, it is usually over 1 million as compared to less than 100K typical. That is more, insiders are buying the stocks as well. I am in the stock as well and bought some today. Go (NTWK).

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