GameZnFlix Bus Tour Benefits Local Charities Tuesday September 5, 12:28 pm ET
Local Domestic Abuse Shelters and Ronald McDonald House/Ronald McDonald House Charities Beneficiaries
FRANKLIN, KY--(MARKET WIRE)--Sep 5, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video games and DVD movies for rent or purchase, announced a cross-country gaming competition and movie presentations that will benefit local charities in each city it visits.
GameZnFlix has teamed up with Microsoft Xbox 360, ClickCaster.com and McDonald's® for the promotional gaming competition. The Microsoft Xbox 360 competitions will feature Ridge Racer 6 by Namco as the official game. Each Ridge Racer 6 Challenge city's finalist will compete in a final competition in Nashville, TN. A grand prize of $15,000 will be awarded at the final competition in December.
During each stop, GameZnFlix will be seeking to sign up new members for its services. With each prepaid monthly membership sold during the Ridge Racer 6 Challenge cross-country tour, GameZnFlix will donate the first month's fee to a local domestic abuse center, with a minimum $1,000 donation per Challenge tour stop. Along with the donation to local domestic abuse shelters, a matching $1,000 donation will also be made to the local Ronald McDonald House or Ronald McDonald House Charities chapter to benefit local families and children's causes.
In addition to the Challenge competition, there will stops at various McDonald's restaurants where the GameZnFlix tour bus will stop to allow people to play Ridge Racer 6 and/or watch a movie(s) on the GNF Entertainment 20-foot inflatable screen at sunset. At these stops GameZnFlix will donate the first month's fee of monthly memberships sold to a local Ronald McDonald House or Ronald McDonald House Charities chapter without a minimum donation.
"Our company is delighted to provide gamers and movie fans alike with the opportunity to compete in this free gaming competition and movie event, while benefiting charities in their local community," said John Fleming, GameZnFlix CEO. "This tour allows us to introduce more communities to GameZnFlix's easy and affordable game and DVD movie rental service, while allowing us to give back to each community we visit through supporting local charities at every stop."
"McDonald's is excited to partner with GameZnFlix for this exciting and unique opportunity," said Jerome Elenez, McDonald's Marketing Director and Ronald McDonald House Charities of North Texas board member. "This is a great way to promote the Ronald McDonald House and Ronald McDonald House Charities chapters in communities across the United States."
About GameZnFlix, Inc.
GameZnFlix is an online video game and DVD movie rental service with more than 40,000 titles in stock. With memberships starting at $8.99 per month, subscribers can rent video game discs for most popular video gaming platforms and DVDs with no postage, no due dates and no late fees. Members may also purchase video games and DVD movies at exclusive discounts at www.gameznflix.com.
Notice: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact: FOR MORE INFORMATION:
John Fleming GameZnFlix, Inc. (888) 542-6817, Ext. 2 invrel*gameznflix.com http://www.gameznflix.com
-------------------------------------------------------------------------------- Source: GameZnFlix, Inc.
Posted by ABEX TRADER on :
WHy did this go to the sub penny level ?
It is a dilution nightmare at this time!
Posted by golfman on :
Lots of reasons but the main one is that long ago the Circuit City deal was delayed and some thought it was canceled. So most sold the stock.
The OS went up a lot also. They got 25 billion A/S 4.3 OS
I think they will make it big in 2007 so the dilution should stop.
But here the fear of a reverse split does not matter to me. It cost NOTHING to buy this stock really. You can get almost 500,000 shares for a bit over 2 grand. Even a 200-1 reverse will leave you with a couple thousand. A LOT OF SHARES IF THEY GO ON NASDAQ. But you can always sell before it anyway. May hit a couple cents on the OTC in 2007. USXP had like 8 billion and hit a few cents so why can't GZFX?
The saving grace also is that they offer more then Netflix does and with the game and movie rentals in one place, people save over $150 per year. HUGE SELLING POINT which people keep overlooking for some reason.
Posted by golfman on :
USXP does have 8.2 billion O/S as Yahoo as hit listed. May be higher now though.
Posted by Repoman75 on :
DOWN GOES FRAZIER!
Posted by IMAKEMONEY on :
Sep 7, 2006 9:19:43 AM
Sep 07, 2006 (M2 PRESSWIRE via COMTEX News Network) --
GamezNFlix, Inc. offers digital versatile disk (DVD) movies and video games for rental and purchase through its Internet Web site www. gameznflix.com' in the United States. It also provides subscribers with access to a games library of Xbox, Playstation 2, Playstation, and Nintendo Gamecube titles. As of December 31, 2005, the company provided subscribers with Web-based alternative to traditional store-based DVD and video game rentals with a library of approximately 40,000 DVD and video game titles for Xbox, Xbox 360, Playstation, Playstation 2, and Nintendo Gamecube. GamezNFlix was founded in 1997 and is headquartered in Franklin, Kentucky. Sep 7, 2006 7:09:57 AM
********* Pre-Market Updates for Thursday include GameZnFlix, Inc. (OTCBB:GZFX), smarTVideo(TM) Technologies, Inc. (OTCBB: SMVD), SmarTire Systems Inc. (OTCBB: SMTR), Intelligroup ( OTC: ITIG), Raven Moon Entertainment, Inc. (OTCBB: RVEM), and Resolve Staffing (OTCBB:RSFF). ********* Pre-Market Updates feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock.
If you would like to feature your publicly traded company in our alerts or on *********.com, email feature**********.com or call (469)252-3031.
GameZnFlix, Inc. (OTCBB:GZFX) - Wednesday's shares increased 2.44% over open to $0.0040. The volume was at 11,539,931. GameZnFlix, Inc., an online provider of video games and DVD movies for rent or purchase, announced a cross-country gaming competition and movie presentations that will benefit local charities in each city it visits. GameZnFlix has teamed up with Microsoft Xbox 360, ClickCaster.com and McDonald's for the promotional gaming competition. The Microsoft Xbox 360 competitions will feature Ridge Racer 6 by Namco as the official game. Each Ridge Racer 6 Challenge city's finalist will compete in a final competition in Nashville, TN. A grand prize of $15,000 will be awarded at the final competition in December.
GameZnFlix is an online video game and DVD movie rental service with more than 40,000 titles in stock. With memberships starting at $8.99 per month, subscribers can rent video game discs for most popular video gaming platforms and DVDs with no postage, no due dates and no late fees. Members may also purchase video games and DVD movies at exclusive discounts at www.gameznflix.com. Posted by IMAKEMONEY on :
AND STILL THEY GO DOWN GOLFER. They need to stop dilution now.
Posted by permanentjaun on :
Why bother investing in a diluting company? If they're a great company and will make it then wait for confirmation from charts that dilution is over. Don't believe the company, believe the charts.
No reason to invest in a penny of any kind until they are proven. If they're a great company that will eventually produce substantial profits then getting in while they're below $1 should make anyone a profit. So wait for the uptrend to that $1 mark. Don't invest in pennies.
Posted by golfman on :
We are all here for penny stocks! This is not a Nasdaq site.
And everyone invested in this stock way back before the OS was 4.2 billion. People believe in it like I do.
Anyone that can ink a deal with Mcdonalds and Circuit City and Microsoft , I give them the benefit of the doubt. Forgot also about AAFES which they also got a deal with. Only online rental company that has that deal.
I don't know of any penny stock that can claim those type of deals that sells for under .0050
I dont concern myself so much with the OS if I think they have a big shot at what they are doing. I think they can go head to head with Netflix.
And look at how much cash they make....
[ September 07, 2006, 23:18: Message edited by: golfman ]
Posted by mad tony on :
golf, When did you 1st buy and how many shares? How long did you do your DD before you bought? And last, how far back in the company's history (time frame) did you go into?
Posted by permanentjaun on :
quote:Originally posted by golfman: We are all here for penny stocks! This is not a Nasdaq site.
And everyone invested in this stock way back before the OS was 4.2 billion. People believe in it like I do.
Anyone that can ink a deal with Mcdonalds and Circuit City and Microsoft , I give them the benefit of the doubt. Forgot also about AAFES which they also got a deal with. Only online rental company that has that deal.
I don't know of any penny stock that can claim those type of deals that sells for under .0050
I dont concern myself so much with the OS if I think they have a big shot at what they are doing. I think they can go head to head with Netflix.
And look at how much cash they make....
How many times do I have to give the example of QBID signing contracts with major companies such as Time Warner, Cox, Dish Network, etc.?
You also better concern yourself with the OS of a company. The stock market is supply and demand. If the supply is huge, demand must be much larger to make it move. QBID was still signing contracts with major companies months before it shut down. The news did absolutely nothing to the price. It didn't move because of a lack of volume. There were still suckers to be had that put money into the news. It didn't move because the supply of shares was too huge.
"And look at how much cash they make.... " Are they making money now? If they are, why are they still diluting? If they're still diluting because they're not making money wouldn't it be much wiser to wait for confirmation that 1. they're not diluting and 2. they're turning a profit?
Don't invest in penny stocks. If you do, at least use some common sense and don't invest in one that's in a long term downtrend.
Posted by golfman on :
I met look at how much money Netflix makes. Its a billion dollar industry movie rentals.
We don't know what qbid signed anyway since they never did any Q's. Who really knows with a pink sheet stock what money they have or anything else. They probably had 0 in revenues and total missmanagement for all we know.
Qbid also had in the trillions of shares. I remember reading such a high number on it that I laughed.
Im not sure the year I found out about Gameznflix but it was even before the Circuit City deal was mentioned. I just had the stock on my radar but never bought it back then.
I said they can't make it without something big happening so I never bought it. They never advertised anyplace which was a big problem.
Once the CC deal was announced I started buying it.
Then I took a closer look at all the money people save by joining them with the movie and game rentals in just one sub.
Juan did I pass your test here? Seems like your testing me. Im in pennys awhile now and I know a good stock when I see one. I am not new. And I think if Gameznflix did a national TV advertising one day, they would get a huge amout of subs.
Downloading movies online has been around for years and it has never caught on yet and won't for another 5 years at least. So the online downloading sites are no threat at all in case anyone is wondering about that. They have no increase in subscribers.
Posted by Repoman75 on :
He sounds like Joe Million with MSEP...
Posted by golfman on :
Hi repoman! So what do you think? Do I know my stuff or what?
I did my DD here.
And just so you know the tour stop that Gameznflix is going to this weekend for 3 days, the Avalon dance club in Boston, is ranked the number 1 dance club in all of Boston.
Yes!
Posted by Repoman75 on :
quote:Originally posted by golfman: Hi repoman! So what do you think? Do I know my stuff or what?
This is going to hurt, but... NO!
Posted by TalonSin on :
Ouch...
Golf, call the TA every month and see how many shares are being added. Why buy if they are diluting? The price is just gonna come down more.
You say your not scared of a RS, you say you can buy 2 grand worth and get 500,000 shares. Lets look at your logic a bit:
$2,000 = 500,000 shares after a 200 to 1 RS you have 2500 shares RS makes people sell New price goes down back to old price 2500 shares = 11 dollars
You have just turned 2 grand into 11 dollars. How can you not fear a RS? If you give me one example of a penny stock where the price held or went up after a RS then I will give you 10 showing a rapid loss after a RS.
Have you looked at the history of this company? They were a comicbook company until 1999 and then they were a holding company until 2004 and now they are an online movie rental place?
Why did they change their state of incorp to Nevada? Because Nevada state law has loopholes for penny scammers. Thats why the worst ones locate themselves in Nevada or Florida.
These are facts Golf not feelings. There is a difference between the two. Facts help you make good decisions, feelings leave you holding the bag.
Posted by golfman on :
It won't go back to the old price guy. Reverse splits with a growing company does not have the same effect as the penny stocks who just do it with no growth. And im sure it can get near .05 cents just on the OTC before any reverse split happens.
No they teamed up with so many big names I mean come on. Maybe Nevada does not require a vote to change the AS. Not because of being a scam. Not this stock.
Go on investors hub board and GZFX is one of the most read stock board every single day out of any penny stock. Its always in the top 10 or 15.
I listened to all the interviews online about this company so maybe I have a lot more faith in it. If you dont follow it , its just another penny stock.
I think its the best potential penny stock out there right now. Many other agree also.
Posted by jordanreed on :
listen to those wiser,and you,too, may become wise...
just a little friendly advise
Posted by jordanreed on :
advice
Posted by ridi on :
quote:Originally posted by golfman: I think its the best potential penny stock out there right now. Many other agree also.
Dunno about best, but certainly good. I'm holding GZFX myself for long. I say it's good but not necessarily the best because I've seen other companies out there with some AMAZING business models or core competencies
(just today I found SFNL which has started a ride bigtime, take a look at the thread I started
But you know GZFX is a good stock by the amount of bashing it gets. no basher ever bashes a bad stock, and I've seen GZFX getting trashed all over. Signs we're holding somehting good !
[ September 08, 2006, 21:56: Message edited by: ridi ]
Posted by permanentjaun on :
quote:Originally posted by ridi: [QUOTE]Originally posted by golfman: [qb]
But you know GZFX is a good stock by the amount of bashing it gets. no basher ever bashes a bad stock, and I've seen GZFX getting trashed all over. Signs we're holding somehting good !
Ha. You're setting yourself up for failure. I know from personal experience that people bashed QBID all the time. It must have been a good stock huh? Nope. Billions of shares in dilution.
That's the only one I've played long term and it bit me in the butt. Therefore, I can't say for sure that other stocks that have failed long term were also bashed. I am willing to bet thousands that they were bashed as well.
Bashers are everywhere. Was there ever a stock people believed in on the threads that didn't have bashers? Considering people will take my attitude right here as bashing, I'd say no. Now consider how many pennies actually turn out to be great long term holds. (Very close to zero) The logic that bashers only bash bad stocks is a terrible thing to believe in. Matt
Posted by cpeed on :
quote:Originally posted by ridi:
quote:Originally posted by golfman: I think its the best potential penny stock out there right now. Many other agree also.
Dunno about best, but certainly good. I'm holding GZFX myself for long. I say it's good but not necessarily the best because I've seen other companies out there with some AMAZING business models or core competencies
(just today I found SFNL which has started a ride bigtime, take a look at the thread I started
But you know GZFX is a good stock by the amount of bashing it gets. no basher ever bashes a bad stock, and I've seen GZFX getting trashed all over. Signs we're holding somehting good !
I hope your kidding
Posted by golfman on :
Kidding about what? Can't tell what you mean.
Posted by IMAKEMONEY on :
bashing golf.
Posted by golfman on :
The guy is not even rated. Im here a little and got 1 star.
I wouldn't listen to anyone without a rating.
Posted by IMAKEMONEY on :
golfman, ONE STAR IS BAD,THAT MEANS YOU WILL NEVER GET TO FIVE, SOMEONE DINGGED YOU, RATING DONT MEAN CHIT LOOK AT THE BEST GUYS AND GALS HERE THEY ALL TURN THERE RATING OFF.
Posted by tompom on :
quote:Originally posted by golfman: The guy is not even rated. Im here a little and got 1 star.
I wouldn't listen to anyone without a rating.
ROFLMAO! one star for you well deserved!
Posted by permanentjaun on :
Haha.
Golfman, I also encourage you to find one post from a distinguished poster on any forum that makes good picks in which they suggest investing long term into pennies. Or to invest in a company that is diluting. Or to believe in a penny stock company. Etc. etc..
Posted by golfman on :
But nobody buys even the nasdaq stocks long either anymore
Cramer said those days are gone. Everyone now is just a trader.
I still say some penny stocks can make it big holding long. I seen it myself.
Do I have to give examples now so I get more stars?
MRKL.ob went from .01 to over $1.00 per share with no reverse splits. Brvo.ob went from .10 to over $1.35.
Do the research on them. I rest my case.
Posted by IMAKEMONEY on :
SOLD ME, IM BUYING 50 MILLION SHARE ON THE OPEN.
Posted by ABEX TRADER on :
What's the float on this now?
I got suckered into this once and will not again.
I will buy BRVOE again after they get HP Hood or right before and hold that long term ,but this is a dilution nightmare!
As for trading it pays to wait for the season to change. Come November there might be a better chance to make $$ ,but right now with $$ being tight and interest rates unstable the pennies are almost like playing the slots in Vegas.
Unless you have 100K or more then your playing against the odds right now IMO especially at this pps point issue.
GL!
Posted by cpeed on :
quote:Originally posted by golfman: The guy is not even rated. Im here a little and got 1 star.
I wouldn't listen to anyone without a rating.
Thats fine, I hope no one listens to me. Because what I am talking about is common sense. People aren't objecting to you because they think gzfx is a good stock. They are trying to caution others to see both sides.
Posted by permanentjaun on :
Ha. Cramer must know all, huh? If big board stocks were no longer held long then they would experience the same movement as pennies. i.e. - large volume spikes, huge dropoffs, then loss of volume/interest.
Surprise, surprise, thats the movement both of the picks you've suggested demonstrate.
MRKL.ob, which is actually MRKL.pk now, has been in a downtrend ever since it came to existance in 98-99. A more steady downtrend has been since 03. Sure the stock had it's pops but if you held long after the pops all profits would most surely be gone. As far as I can tell, this stock is at its lowest point ever; nearly a decade.
BRVOE is in "better" shape. It rebounded in 04' and bounced again in mid 05'. Even those pops would not be worth investing into. The upsurges lasted less than a month each time. Why would you "invest" into that? The volume it received in June of 05 was very out of the ordinary for that stock. The volume has since dropped considerably. Did I mention the stock has also dropped from the 05 high of 1.42 to just .52. Not a very good investment if you ask me. Take your profits and get out.
Posted by ABEX TRADER on :
BRVOE is going through expansion and will be going through an RS soon.
If you follow the ongoing saga of the co. you will see that they shall be signing with HP Hood and after that they shall be producing for worldwide distribution.
It will become a growth co. once their distribution channels are filled.They will be going into schools and all over the country.
After they do the RS their float will be smaller and they will aim for a +$5 pps target which will generate intrest from big investment firms.Atleast that is their plan.
ALAN is another co. that will improve with the contract they just signed.
BRVOE was a good trade at .40 - .50 and I got out long ago and have been keeping up with the story.They expanded to fast to keep up. I am also concerned with their CCE deal.If they lose them they are fnished,but CCE wants an alternative drink. Seeing that they are Milk Based I think CCE will keep them.It's an intereting play,but I am waiting for Oct as that will be when HP Hood signs on.They will easily double if that happens which the co. has revealed it's a done deal.
Posted by permanentjaun on :
Yes Abex, but my point is many pennies have good plans and look great. Even if they get the HP Hood deal, they'll double, and then what? Profits are taken and there are more bag holders. it's a typical penny story. Until a penny is shown to be in a long term uptrend, why invest into it? Those cases are very few and far between. If you're into investing, pennies aren't the best places to put your money.
Even if the company does well, traders could still keep it down. As a penny it will experience remarkable gains in considerably short time periods. Who would not sell a position after gaining 10,000% if not even just 1,000% on a play? Most likely, people will take profits, volume will leave the stock since most people don't invest in pennies, and no uptrend will be made.
Unfortunately thats the reality of pennies. Take a look at WDAM. If you check out the PR's it puts out you would not expect the company to be in much trouble. The stock is a different story. Long term downtrend for years with occasional pops. Thats what happens with pennies though. Volume comes in and volume goes out.
Investing in pennies does not work.
Posted by ABEX TRADER on :
I agree! What I am saying is that I am waiting for BRVO to become a different story.It stands a chance of becoming a great issue if they do puloff their game plan ,unlike these other cos. mentioned and I would not touch this co. as it's doomed until they stop the dilution and show signs that they are a growth co..
The main theme of cos. under $1 is Dilution is the solution.
Last year and the first part of this yr. was a good time to play the fluctuations. If you want a good name for those that actually are good at these issues it would be a FLUCTUATIONIST! You play the fluctuations and not play them as Investments,but trade the lows and when they show signs of breakouts.
GNBT and a few others would have been great plays.BDGR,ONT,EGEI etc. were all great short term plays.
BRAVO might become one of the few investment plays that becomes a growth issue after they get past this stage. They have a game plan which if they do it right could become one of the few growth issues to come out of the bowels of the OTCBB.
They have to do what is needed and that takes some growing pains by first soing the RS,getting on the NAZ and then getting over the $5-$6 mark with improving Fundermentals.
So it can be done and if you are going to play with fire then this issue is one that your welcome to play.I got out long ago and lost $$. Now is not a good time to be playing issues like this!
ALAN,FONR and a few others are worth the risk long term I think. THis one will turn your $$ into dust I think!
On HP Hood,I would play the HP Hood deal,get out and back in after the co. stablizes again and becomes a growth issue.I do think they shall become a growth issue rather than just DUST story that just fluctuates is what I am saying,but you'll have to stay tuned as I am to what occurs.Picking the growth winners like BOOM or any other number of low priced issues is as much an art as it is a science and very few have the patience and ability to spot the winners.
After doing this for a few years, losing and winning a number of times, I have learned it's better to wait then load up when the market is bad for low priced issues. I am in cash now and will wait till the tide turns again.
SO I do agree with your premiss that these are not worth the risk ,but you can play the fluctuations if you pick up on them before the rest of the crowd does.
GL!
Posted by golfman on :
This topic is about GamezNflix I started guys. You got off that a little I would say.
Posted by ABEX TRADER on :
I mentioned that it will turn yoour $$ to dust!I hope not,but it has not proven they are finished with their Dilution is the solution yet!
GL!
Posted by golfman on :
In 2007 my ship is coming into port. Believe in it guys, this stock will be a biggie next year.
I follow Gameznflix all the time and they are moving here at warp speed this year.
Next year is breakout and the subs will be going up fast I predict.
This company is known for getting MAJOR DEALS. I would not be suprised if they come up with even more of them.
MCDONALDS, MICROSOFT ,AAFES, CIRCUIT CITY
What next?
Posted by Leo on :
Look out for anyone who tells you to 'believe' in anything
Posted by golfman on :
The company can beat out Netflix and it is selling for .0040 only, even with all those major deals they got is just sick.
I think part of the problem is nobody who invest in pennys knows a great future stock if was 2 inches in front of them.
The reason why is most of you guys just trade. If it don't go up 10% the next day you dump it. You can't tell a future big company for anything.
I don't trade. So take it from someone who can tell a big future company.
When I got the internet I told everyone online that Amazon and Yahoo is so great. They are still around today and bigger then ever. If I only invested in stocks back then I would be rich today.
Its up to the guys running the company to make it work, but everything is in place for a major future company here.
Posted by permanentjaun on :
Where is the proof the company can beat out Netflix?
Trust me, the penny trading community knows a great future stock when they see one. We probably do more in-depth DD than any other form of trader. The information we seek isn't always public or out in the open. We have to find other means of finding out information.
The problem is that this company is a penny stock. Penny stocks don't act like big board stocks. They are much more volitile and because of this people can't invest in the stocks. Therefore, when they run, they also fall just as quickly. You can't invest in pennies.
Sure, every once and a while one may become a good company. What are the chances of you finding that diamond in the rough? I'll tell you your chances. Next to nothing. So you either risk it all on one play and either win big or nothing, or invest in several pennies such that your chances of finding the one are increased. Even then its not a guaranteed victory to find the one. Also, if you do find the one, it probably won't outweigh the losses you've taken when investing in the others that didn't make it. There is no point in investing in penny stocks.
You also want to know why people dump their stocks if they don't go up 10%? Volume leaves penny stocks all the time and we don't want to get stuck holding the bag. We also like to limit our losses and maximize our profits. We ride the wave up and limit how much we fall. That's called both good investing and good trading. It's a basic principle among those on the stock market.
If the company is so great, why is it trading at only .004 and has been falling consistently for months now?
I really hope no one listens to your advice. Penny stocks continually over hype their business practices, as well as sign actual contracts with companies yet still fail.
I thank you for now proclaiming that you told everyone about Amazon and Yahoo. I was preaching about Microsoft back in the day myself.
I am not here to bash GZFX beyond stating the facts of it being in a serious downtrend that warrants no need to invest into it. I am here to prevent others from falling victim to listening to someone tell them its ok to invest in pennies. Winning in pennies through investing is at most as likely as winning the lottery. You will find among the respected and experienced posters on the forums that none advocate investing into pennies. You've never asked yourself why?
Posted by golfman on :
Posted by golfman on :
If you don't like the stock then way waste time posting here in my topic then? Others agree on everything I say. You made you bid already several times on here which I dont agree with anything you said really so far.
I hope everyone takes my advice because you have a lot of upside for a stock that is way undervalued here.
market cap Netflix $1.3 billion Gameznflix is $18 million!
Do the math smart guy! If Gameznflix only got 10% of the rental market EVER then the stock is worth about .03 cents with the current OS. .06 cents with a 20% market cap of Netflix.
But people run stocks up far more then they are worth. Look at Sirius ran near $10 with very little revenue and huge debt even now. So it is possible it can run up much higher.
Posted by T e x on :
"If you don't like the stock then way waste time posting here in my topic then? Others agree on everything I say. You made you bid already several times on here which I dont agree with anything you said really so far."
uhh...cuz he's a member here...???
seriously, that's not the way it works here, g-man...(1) it's not *your* thread (2) discssion is not about blind agreement...just fyi
Posted by permanentjaun on :
I'm not posting about the stock whatsoever. I'm posting about your advice to invest into a penny stock.
I also saw only one other person on this forum agree with what you said about GZFX, and even then they thought you were ridiculous with your "bashers only bash good stocks," comment.
When a company reports earnings, does the stock go up to match the price of the company? No. In fact, even after good earnings reports, stock prices will fall. Why? Because rumors and speculation of profits leading up to the report have inflated prices in the days/weeks before. Once all the rumor and speculation is out of the game then people take profits and the price falls.
Stocks are priced at what the market values them, not what the company values them at.
You do the math. If GZFX gets 10% of the rental market, is it the company profits or the stock that will rise? The answer is company profits. The company and its earnings are entirely seperate from a stock price.
Your example of Sirius illustrates that. Was it the company gaining market share, of which it probably has more than 10% in satellite radio, or the hype and value the market placed on the company?
Back to penny stocks. Again, since they are so volatile, the base of people willing to invest into them is very, very small. Therefore, pennies priced so low have little chance of being good long term investments because the market will value them as pennies and not investments. Money goes in and money goes it. Large gains and then large losses are made.
How many other stocks penny stocks out there have thousands of posts and pages of people that have invested into the company? There are plenty of stocks that have many followers. What makes GZFX any different? All those companies have huge potentials, even greater than GZFX. You have to admit that the rental business is not nearly as large as the potential a company has when it can sell its technologies overseas. A lot of pennies are working with such products and technologies.
Even if GZFX is a good company and will make it, why would you invest long into a company when it is in a serious downtrend? You wait for confirmation of a reversal. That will mean dilution is done and investors are beginning to create higher levels of stability.
I mentioned earlier why that most likely will not happen. Volume goes in and volume will leave. GZFX, by simple math of multiplying closing price by volume, only traded $86,000 on friday. That is not nearly as close to the amount it traded on its spike back in March. You'll note the dramatic loss in volume of the next month to the point at which its at now. Investing into pennies does not work.
I keep posting on this thread not because of your advice to invest in GZFX, it is your advice to invest into pennies altogether. If I can prevent one person from following your advice and losing hundreds or thousands and dollars then it is all worth it. I wish someone would have done the same for me when I did. I'm sure there were those who did but I was too jaded from people like you who speculate about where a stock is going and its potential. GZFX is not the only stock with potential. Yet none of them, including GZFX, should be invested into if you plan on making consistent profits in the penny world.
Posted by golfman on :
But he said the same thing over not to invest in penny stocks long term several times. I get that line from Cramer on CNBC when he talks about cheap stocks.
I don't agree with that advice. If you do your homework on penny stocks and follow them all the time, your odds are far better then anyone would want you to believe.
The problem is that nobody keeps track of all the pennys that went from .0005 or whatever up big and also on the Nasdaq board or went up big on the OTC.
I gave 2 examples already on here that made people fortunes.
makl.ob and brvo.ob Mrkl was a 100x and Brvo was about a 12x. And im sure you have dozens more that are out there which I don't follow.
Posted by golfman on :
Ah ha! I figured it. Everyone that bashes the pennys long term lost a lot of cash.
Ok ok I know about that stuff.
And im sure Cramer lost a lot in pennys once also.
Whatver. But please don't keep others from getting rich ok? It didn't work for you but it will for others.
Bye
Posted by golfman on :
Posted by glassman on :
golman? if i had stayed in this since it was PGHI?
Not sure if anyone noticed but on the Gameznflix site in the video game section, the games that have the thumbnails, if you put your mouse cursor over the small pictures it shows a larger image of it above.
Anyone know if that was always there? Neat feature! Site is getting better all the time.
Posted by Relentless. on :
GZFX is nearly worthless and getting worse all the time. This bus tour is a wonderfull waste of money. no matter what any of the faithfull believe. Cost of the bus? Cost for fueling the bus? Cost for additional employees? Cost of events during the tour? Who is paying for all of this?
And just how many subs will be added because of this?
Better money would be spent getting JF his GED and then sending him to some sort of business school.
Posted by glassman on :
i was wondering when you were gonna show up here relentless....
Posted by golfman on :
Time will tell how many subs come from it. But it gets the name out there which they need BAD.
Tens of thousands will see the bus which is great. But then you got word of mouth advertising through friends. Thats how satellite radio spread.
Someone gets the service and they they tell friends about it online and email.
I think next I would do advertising online with ads and I would hope one day a TV spot. Im not sure what it cost on Yahoo but Netflix advertises all over the internet and on TV and in the Sunday papers.
They are starting slow but finally getting it rolling. I think a big advertising blitz is in store for 2007.
Posted by Relentless. on :
TV advertising is where they need to be.. if they do not then they are wasting their.. and your money. This company is doing their very best to keep mediocre as a lofty goal. All while continuously expanding the size of their share structure. CC was supposed to be huge.. and very well could have been.. but now GZFX has been replaced in the weekly circulars by a more agressive and better financed GameTap.. ooops.. that's a pretty big screw up huh? GZFX is now barely even noticable in the CC stores that display them. Now this silly bus tour.. this is the kind of thing an already grown company should be doing.. not a supposed up and coming company. They have no money for this.. they should be spending every dollar on mainstream advertising and infrastructure.. To do anything else is to rob investors of their money.. either intentionally or through lack of wit... makes no difference at this point.
Posted by mad tony on :
