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NASDAQ DIP and RIP
Posted On: 12/23/2015 10:15:37 AM
Post# of 23145
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Posted By: Jack30
$NTWK: Keep eye on this one. The stock was up 30% on Monday and then lost 1/2 of it yesterday. Today it opened down 6% and now is going green and it is going to green. They announced the signing of a largest contract ever, currently valued at more than $100 million, which includes license, maintenance, services and expected customization, with a long-standing customer to implement NFS Ascent. The agreement calls for upgrading to NetSol's NFS Ascent platform, the company's advanced solution for the auto and equipment finance and leasing industry, from the company's NFSTM platform in Australia, China, Hong Kong, India, Japan, New Zealand, Singapore, South Korea, Taiwan, Thailand and Malaysia. The implementation phase spans a five-year period, with maintenance and support over ten years.

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