Author
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Topic: *** GameZNflix Rally! Coming Soon! ***
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Mav Member
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posted December 18, 2003 09:52
With all the info a saw last night about the company, great DD on this thread, real DD, great tech, and good and positive things that are about to happen, I also would like to have more shares on this too!. quote: Originally posted by machtabow2: Yes... and haven't seen anything go through at the bid.. strengthening. I think there are buyers on the sidelines still waiting for some sort of pullback... If they do not get it soon... we will be off to the races... and .03 will be gone. mach
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machtabow2 Member
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posted December 18, 2003 09:54
Marty... that's good though. Some people wait for confirmation and then chase. They do not mind buying at higher prices. I personally like looking at the techs which are still in "oversold" territory... screaming "buy me" for as an indication to enter. After all... we need these types of buyers to chase the price up for us... mach quote: Originally posted by m_h13021: [QUOTE]Originally posted by machtabow2: [b]I think there are buyers on the sidelines still waiting for some sort of pullback... If they do not get it soon... we will be off to the races... and .03 will be gone. mach [/QU Then the sorry Beestards will have to chase. Let the games begin. -[/B]
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m_h13021 Member
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posted December 18, 2003 09:57
09:57:28 DECEMBER 18, 2003 81.33% of games in stock right now! 63.10% of new releases in stock right now!They added more NEW titles again yesterday. - http://www.veegeez.com/ IP: Logged |
Mav Member
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posted December 18, 2003 10:20
There you have it again, buying pressure @ 0.029, i talked about this yesterday, it's all happening behind the curtains and it is an accumulative buying in small orders.IP: Logged |
old mullet Member
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posted December 18, 2003 10:42
slow trading considering 40% of the vol so far went through in one trade at 10:18.the calm before the storm. uncle milty IP: Logged |
machtabow2 Member
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posted December 18, 2003 10:51
Accumulation is correct. quote: Originally posted by Mav: There you have it again, buying pressure @ 0.029, i talked about this yesterday, it's all happening behind the curtains and it is an accumulative buying in small orders.
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machtabow2 Member
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posted December 18, 2003 10:53
A Complete Analysis reiterated: quote: Originally posted by machtabow2: GameZNflix RALLY(PGHI) A COMPLETE ANALYSIS BY MACH December 16, 2003TECHNICAL ANALYSIS & SIGNIFICANT DEVELOPMENTS There is no question that mass psychology has an impact on a stock’s price: Prices are driven by emotions, mainly greed and fear. Technical analysis incorporates price action and volume to produce a blueprint of where a stock has been and where it may go. It traces the emotional extremes of the bulls and the bears to produce clues as to where the greed of fear is the strongest. Knowing how to spot repeating price patterns in the market will provide you with a valuable advantage. Great traders have proven time and again that they can consistently win by speculating when the odds are in their favor. Whether you have used or desire not to use technical analysis is insignificant. We all use different trading strategies as we make our investment decisions. What is significant is the fact that many individuals use technical analysis as an indication of (1) Whether to enter a position (2) When to Enter a position (3) And when to exit a position. A common pattern thoughout the market is that technicians are often the the first to enter a position followed by the general market and momentum traders. So what do the technicians see happening with PGHI lately? And what will technicians do? Williams%R & Fast Stochaistics have now signaling that PGHI is moving into oversold territory. During the prior moves into oversold territory in Mid September and mid November PGHI gained several 100%’s gains in the following days after several consecutive days of consolidation. Slow Stochaistics for PGHI indicate that it may trade “sideways” in oversold territory for a few more days(Strong news could change this.) One could speculate based on prior trends that PGHI will likely make a similar move in the near future from the current oversold position and reward current shareholders with a 100%/200%/300% gain or more. What will technicians be doing during the next few days? Accumulation. (See attached chart) daclyyay[db][pb50!b200][vc60][iUi14,3!Lk14]&pref=G]http://stockcharts.com/def/servlet/SC.web?c=PGHI,uu[m,a]daclyyay[db] [pb50!b200][vc60][iUi14,3!Lk14]&pref=G That’s great if technical analysis were always 100% accurate, but it isn’t. We need to dig a little deeper and discover whether there are any significant developments within the company that will support and substantiate such a move. SIGNIFICANT DEVELOPMENTS So what are the significant developments occurring now and will they impact shareholder value in the near future? The first significant development is a corporate name change to GameZNflix Inc. How significant is this? This demonstrates to the shareholder that PGHI is extremely focused on the success of it’s online business to the extent that they are developing much of their current business model around it’s success. "When you review companies like NetFlix.com, and apply a similar model to Veegeez.com it is easy to see the potential of our new subsidiary." President John Fleming continued, "We feel there is a great upside for our shareholders with this acquisition." Should shareholders be excited? Absolutely! Afterall Netflix pulled off a dot-com IPO and reached profitability faster than anyone predicted. Netflix shares have taken a “gigantic leap” in less than 2 years from $4 to $60. Is itn't unreasonable to assume that GameZNflix shareholders will realize substantial gains from it’s current trading level of .026! A second significant development is the launch of a new web site designed by Roy Vella, Web & Print Design Service. Lance Wiseman, CTO states, "The signing of this contract begins the next phase of VeeGeeZ.com's business plan to provide enhanced services to its customers. In addition, the new design will not only meet our current video game rental customer base it will setup our expansion into the DVD rental world" Did he say DVD? A third significant development which will become a much more significant factor in the success of the current business model is the addition of DVD’s to it’s current business model. The expectation for the launch of online DVD rentals combined with it’s current Online Gaming Rental business is extremely significant. After all Netflix currently does not offer or market Online Video Game Rentals! It will be much more convenient for America to have an subscription service that caters to families that desire both a DVD and Video Game Rental Service! Will this increase the number of people that subsribe to their service? Yes! Will this increase shareholder value? Absolutely! GREAT EXPECTATIONS Upon completion of both the final name change and new web site you can expect a much stronger focus on marketing and an increase in subscriptions. On November 5, 2003, PGHI announced that its subsidiary -- online video game rental company, VeeGeeZ.com, LLC -- has signed a contract with Venture Direct Worldwide of New York to handle its online marketing campaign. The experienced staff of Venture Direct Worldwide and VeeGeeZ management has developed a marketing plan to assist the company in moving to the next level. The success of many company is more often than not the direct result of the success of it’s marketing campaign. How successful will it be? Why don’t we ask some of Venture Direct Worldwide’s current clients which include: Adobe, Microsoft, Citigroup, AT&T, Intel, Xerox, Fortune Magazine and many other successful companies. Do I need to elaborate? (See attached link:http://www.venturedirect.com/html/vdw_clients.htm) TIME FRAME How close are we to seeing these developments significantly impact shareholder value? Current indications are that it will be VERY SOON! Here are the steps leading to the name change:
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raven76 Member
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posted December 18, 2003 10:55
Good Morning,FYI, the .03 wall is a fake one I think..With a small buying pressure(2.5-3 M), it will dissapear.. Wondering when they will pull the trigger.. GL IP: Logged |
Mav Member
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posted December 18, 2003 10:57
Raven... that is exactly what i have been looking here, small buying pressure ... quote: Originally posted by raven76: Good Morning,FYI, the .03 wall is a fake one I think..With a small buying pressure(2.5-3 M), it will dissapear.. Wondering when they will pull the trigger.. GL
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machtabow2 Member
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posted December 18, 2003 11:02
I agree... I still believe it will all begin around December 23rd. I am patient. mach quote: Originally posted by raven76: Good Morning,FYI, the .03 wall is a fake one I think..With a small buying pressure(2.5-3 M), it will dissapear.. Wondering when they will pull the trigger.. GL
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cabbage22 Member
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posted December 18, 2003 11:22
Do I even have to say anything? [This message has been edited by cabbage22 (edited December 18, 2003).] [This message has been edited by cabbage22 (edited December 18, 2003).] [This message has been edited by cabbage22 (edited December 18, 2003).] [This message has been edited by cabbage22 (edited December 18, 2003).] IP: Logged |
chrissy_a Member
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posted December 18, 2003 11:26
Mav not sure if this is accumalation buying ? it kind of weird because this is the first time i have seen this practically come to a stop...no selling or no buying ??IP: Logged |
Mav Member
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posted December 18, 2003 11:33
During the las 2 days. ...patience.... quote: Originally posted by chrissy_a: Mav not sure if this is accumalation buying ? it kind of weird because this is the first time i have seen this practically come to a stop...no selling or no buying ??
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machtabow2 Member
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posted December 18, 2003 11:37
Calm before the storm. This is common in trading. During a downtrend period... before a reversal takes place... you will often see trading come to an almost grinding halt. I learned this in "The Market Makers Edge" Day Trading Tactics from a Wall Street Insider. The Bulls will seize control soon. Patience. mach quote: Originally posted by chrissy_a: Mav not sure if this is accumalation buying ? it kind of weird because this is the first time i have seen this practically come to a stop...no selling or no buying ??
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cabbage22 Member
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posted December 18, 2003 11:39
Thats one book on my christmas list i hope i get quote: Originally posted by machtabow2: Calm before the storm. This is common in trading. During a downtrend period... before a reversal takes place... you will often see trading come to an almost grinding halt. I learned this in "The Market Makers Edge" Day Trading Tactics from a Wall Street Insider. The Bulls will seize control soon. Patience. mach
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machtabow2 Member
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posted December 18, 2003 11:46
It's a great book. Boy *** The Future is so Bright Here*** I just keep on saying it. We are trading near the floor. Techs are all indicating oversold territory. That's Great. The bonus is that the new web site launch will be here soon. The name change will be complete. A new marketing campaign will be launched. Need I say more. Not only are we trading near the floor... but we have incredible news forthcoming that will make our next move spectacular. Time is of the essence here... unless you haven't entered a position yet... in that case... your time is becoming very limited. Our Christmas Rally will be here soon!!!!!!!! mach quote: Originally posted by cabbage22: Thats one book on my christmas list i hope i get
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JustMe Member
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posted December 18, 2003 11:51
Just wanted to let you guys know.....Jumped in to the tune of 170K shares over the last few days. Lets see it FLY!!!!!!IP: Logged |
chrissy_a Member
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posted December 18, 2003 11:53
just me did yuo do this in one trade or a few different trades ? just trying to see if thisis the way investors are buying..lots of small amounts ...this would be inline with Mavs theoryIP: Logged |
machtabow2 Member
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posted December 18, 2003 11:54
Great... nice to hear. "Fly" may be an understatement. How about "Blast-off"! mach quote: Originally posted by JustMe: Just wanted to let you guys know.....Jumped in to the tune of 170K shares over the last few days. Lets see it FLY!!!!!!
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FlyWolf Member
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posted December 18, 2003 11:59
Hello Everyone,I've been watching this thread for some time and currently have a position in PGHI. How do you think Veegeez stacks up against the competition? Take a look at this link: http://www.4dvdrental.com/video-game-rental.html?source=google Thanks, FlyWolf IP: Logged |
machtabow2 Member
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posted December 18, 2003 12:03
Hey Mav...Up on 7 million yesterday... down on 500,000 today! Without using tech analysis... this is certainly an indication that the "Bulls" are "Seizing Control" here. Strong Volume "up days"... and Light Volume "Down Days"... tick-tock... tick-tock... tick-tock... Sellers are drying up... the "Bears" will be running for the bushes soon! mach IP: Logged |
machtabow2 Member
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posted December 18, 2003 12:06
Flywolf... what's your opinion. I've seen this before. Personally... I think upon completion of the new site... and name change we can concentrate on marketing, growth, competive advantage and so forth... This is only the beginning! mach quote: Originally posted by FlyWolf: Hello Everyone,I've been watching this thread for some time and currently have a position in PGHI. How do you think Veegeez stacks up against the competition? Take a look at this link: http://www.4dvdrental.com/video-game-rental.html?source=google Thanks, FlyWolf
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Anna Member
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posted December 18, 2003 12:07
Wow, talk about the trades drying up! Guess only the longs are left.Good Luck to all! Anna IP: Logged |
Mav Member
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posted December 18, 2003 12:11
Yes! Mach, we are in the same page, with the next good outputs this company will deliver in the next days we will see a positive activity here. Now it's the time when others notice this and the uptrend pattern takes place. quote: Originally posted by machtabow2: Hey Mav...Up on 7 million yesterday... down on 500,000 today! Without using tech analysis... this is certainly an indication that the "Bulls" are "Seizing Control" here. Strong Volume "up days"... and Light Volume "Down Days"... tick-tock... tick-tock... tick-tock... Sellers are drying up... the "Bears" will be running for the bushes soon! mach
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Mav Member
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posted December 18, 2003 12:13
Again, there you have it, small buy order took place @ 0.029. I don't know, i may be wrong, but I have been looking at it during the last 2 days as I said before. Again, this is only my opinion.... Anybody else ideas will help. Thanks.[This message has been edited by Mav (edited December 18, 2003).] IP: Logged |
cabbage22 Member
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posted December 18, 2003 12:22
I see it Mav, looks like the MMs have put this one to rest, waiting for the upswing. Personally, given the low volume I see this moving up breaking 3 tomorrow JMHO quote: Originally posted by Mav: Again, there you have it, small buy order took place @ 0.029. I don't know, i may be wrong, but I have been looking at it during the last 2 days as I said before. Again, this is only my opinion.... Anybody else ideas will help. Thanks.[This message has been edited by Mav (edited December 18, 2003).]
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JustMe Member
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posted December 18, 2003 12:23
4 trades total...last one this morning for 85KIP: Logged |
cabbage22 Member
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posted December 18, 2003 12:27
12:11:02 PM Trade 0.028 25000 12:11:02 PM Trade 0.029 25000 11:24:38 AM Trade 0.027 30000 10:41:30 AM Trade 0.0279 60000 10:41:20 AM Trade 0.029 60000 10:40:14 AM Trade 0.029 6500 10:40:14 AM Trade 0.0285 6500 10:39:30 AM Trade 0.028 2605 10:39:30 AM Trade 0.027 2605 10:26:22 AM Trade 0.0285 11000 10:26:22 AM Trade 0.029 11000 10:18:10 AM Trade 0.0285 82500 10:18:10 AM Trade 0.029 82500 9:58:16 AM Bid 0.027 5000 9:58:16 AM Trade 0.029 17500 9:58:10 AM Trade 0.029 25000 9:58:08 AM Trade 0.028 25000 9:57:58 AM Trade 0.028 30000 9:57:58 AM Trade 0.028 25000 9:56:04 AM Ask 0.029 5000 9:56:04 AM Trade 0.028 5000 9:53:56 AM Trade 0.028 5000 9:44:28 AM Trade 0.029 5000 9:44:10 AM Bid 0.028 5000 9:44:10 AM Trade 0.03 5000 9:43:30 AM Trade 0.03 5000 9:43:12 AM Ask 0.03 5000 9:43:12 AM Trade 0.029 5000 9:42:26 AM Trade 0.029 8000 9:35:10 AM Trade 0.029 17000 9:35:04 AM Trade 0.029 12000 9:34:48 AM Trade 0.029 5000 9:30:20 AM Trade 0.029 5000 9:30:14 AM Trade 0.029 10000
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cabbage22 Member
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posted December 18, 2003 12:30
# of Trades 30 Last Size 25000 Avg Trade Size 20490<freerealtime.com>
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FlyWolf Member
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posted December 18, 2003 12:32
Mach,First off, I was trying to see if any of the others were publicly traded companies. I wanted to see what they were trading at. I could be wrong, but it seems like they are all private companies. I like gamefly.com's site. They have a nice "About us" page that talks about the executive leadership of the company and provides a short bio/history for each person. Many of the others also offer customers the option to buy a game if they like it and want to keep it. I would imagine this might also be a nice source of revenue. I don't think any of the other sites "feature" the titles that are "out of stock". What I mean is, the current VeeGeez format brings up a list of titles sorted in increments of 10 irrespective of whether they are in stock or not. You end up seeing many titles which are listed as "Out of Stock". For example, a search for New releases of PS2 games yields only 3 out of 10 titles in stock on the first page. Though these are listed in alphabetical order, it might be good to list the In Stock titles first.. in alphabetical order and let the other out of stock titles follow. It's a minor thing.. but when you have other sites competing for business, very little things like this will cause a person to go somewhere else. I had a hard time finding an "out of stock" title at gamefly.com and they only list 100 more titles than VeeGeez. (800 vs 700). I'm hoping the new site will choose a better format for displaying out of stock titles. Let the customers hunt for the out of stock titles.. but feature the ones that are in stock. My 2 cents.. ( I still believe Veegeez is worth much more than 3 cents a share) FlyWolf IP: Logged |
coumars Member
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posted December 18, 2003 12:35
How do u get this list... Teach me Thanks quote: Originally posted by cabbage22: 12:11:02 PM Trade 0.028 25000 12:11:02 PM Trade 0.029 25000 11:24:38 AM Trade 0.027 30000 10:41:30 AM Trade 0.0279 60000 10:41:20 AM Trade 0.029 60000 10:40:14 AM Trade 0.029 6500 10:40:14 AM Trade 0.0285 6500 10:39:30 AM Trade 0.028 2605 10:39:30 AM Trade 0.027 2605 10:26:22 AM Trade 0.0285 11000 10:26:22 AM Trade 0.029 11000 10:18:10 AM Trade 0.0285 82500 10:18:10 AM Trade 0.029 82500 9:58:16 AM Bid 0.027 5000 9:58:16 AM Trade 0.029 17500 9:58:10 AM Trade 0.029 25000 9:58:08 AM Trade 0.028 25000 9:57:58 AM Trade 0.028 30000 9:57:58 AM Trade 0.028 25000 9:56:04 AM Ask 0.029 5000 9:56:04 AM Trade 0.028 5000 9:53:56 AM Trade 0.028 5000 9:44:28 AM Trade 0.029 5000 9:44:10 AM Bid 0.028 5000 9:44:10 AM Trade 0.03 5000 9:43:30 AM Trade 0.03 5000 9:43:12 AM Ask 0.03 5000 9:43:12 AM Trade 0.029 5000 9:42:26 AM Trade 0.029 8000 9:35:10 AM Trade 0.029 17000 9:35:04 AM Trade 0.029 12000 9:34:48 AM Trade 0.029 5000 9:30:20 AM Trade 0.029 5000 9:30:14 AM Trade 0.029 10000
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FlyWolf Member
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posted December 18, 2003 12:35
That last 25,000 buy at .029 was mine.. by the way..Cheers.. IP: Logged |
cabbage22 Member
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posted December 18, 2003 12:38
Nice buy FlyIts called a Time & Sales list, I got it at http://www.freerealtime.com I've been signed up with them since 2000, I'm not sure if you need to be a memeber to get these numbers or not- its free to join and has some good info IP: Logged |
justplayin Member
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posted December 18, 2003 12:42
Cabbage, great link! Thank You.[This message has been edited by justplayin (edited December 18, 2003).] IP: Logged |
coumars Member
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posted December 18, 2003 12:53
Great Link. very useful-Thanks-
quote: Originally posted by cabbage22: Nice buy FlyIts called a Time & Sales list, I got it at http://www.freerealtime.com I've been signed up with them since 2000, I'm not sure if you need to be a memeber to get these numbers or not- its free to join and has some good info
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m_h13021 Member
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posted December 18, 2003 13:07
Competition:There is an almost "everyone and there brother" type of realm out there when it come to the video game rental world. I foresee Gamefly as the only true competition when it goes head to head. The rest will just be taking away subs(subscribers) from either of the two. Right now Gamefly is the leader. This is just based on internet DD. It is really tough to get any other pertinent info because all are private companies. Which leads me to why VeeGeez is going to exploded, first publicly trade company of the sorts. I really like Gamefly's site and interesting enough it is almost identical in layout to Netflix. If Veegeez comes close to either of the two's simplicity and functionality, we will be winners hands down. -
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cabbage22 Member
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posted December 18, 2003 13:20
Being a public company, gnf has more access to capital, and different types of capital. Definate advantage.IP: Logged |
Mav Member
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posted December 18, 2003 13:35
they keep buying in @ 0.029 ...IP: Logged |
machtabow2 Member
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posted December 18, 2003 13:57
This is very well said. This is only the beginning of something much greater. The beginning! The real deal! I go crazy thinking about it so often. mach quote: Originally posted by m_h13021: Competition:There is an almost "everyone and there brother" type of realm out there when it come to the video game rental world. I foresee Gamefly as the only true competition when it goes head to head. The rest will just be taking away subs(subscribers) from either of the two. Right now Gamefly is the leader. This is just based on internet DD. It is really tough to get any other pertinent info because all are private companies. Which leads me to why VeeGeez is going to exploded, first publicly trade company of the sorts. I really like Gamefly's site and interesting enough it is almost identical in layout to Netflix. If Veegeez comes close to either of the two's simplicity and functionality, we will be winners hands down. - [This message has been edited by m_h13021 (edited December 18, 2003).]
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machtabow2 Member
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posted December 18, 2003 14:03
Flywolf:Great summary. Kudos to you. I am not aware of any competitive companies trading publicly at this time. And yes... GameZNflix (PGHI) will be trading at much higher levles in the near future. Welcome aboard. The train is leaving soon! mach quote: Originally posted by FlyWolf: Mach,First off, I was trying to see if any of the others were publicly traded companies. I wanted to see what they were trading at. I could be wrong, but it seems like they are all private companies. I like gamefly.com's site. They have a nice "About us" page that talks about the executive leadership of the company and provides a short bio/history for each person. Many of the others also offer customers the option to buy a game if they like it and want to keep it. I would imagine this might also be a nice source of revenue. I don't think any of the other sites "feature" the titles that are "out of stock". What I mean is, the current VeeGeez format brings up a list of titles sorted in increments of 10 irrespective of whether they are in stock or not. You end up seeing many titles which are listed as "Out of Stock". For example, a search for New releases of PS2 games yields only 3 out of 10 titles in stock on the first page. Though these are listed in alphabetical order, it might be good to list the In Stock titles first.. in alphabetical order and let the other out of stock titles follow. It's a minor thing.. but when you have other sites competing for business, very little things like this will cause a person to go somewhere else. I had a hard time finding an "out of stock" title at gamefly.com and they only list 100 more titles than VeeGeez. (800 vs 700). I'm hoping the new site will choose a better format for displaying out of stock titles. Let the customers hunt for the out of stock titles.. but feature the ones that are in stock. My 2 cents.. ( I still believe Veegeez is worth much more than 3 cents a share) FlyWolf
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Mav Member
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posted December 18, 2003 14:29
There many who are eager to buy this stock, just look, somebody just sold 5.000 shares and then, seconds later 100.000 shares where bought in 2 orders when the ask was down @0.028, now ask is up again @ 0.029[This message has been edited by Mav (edited December 18, 2003).] IP: Logged |
old mullet Member
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posted December 18, 2003 14:45
what a great bunch of guys. pghi didn't realize all of the free talent it has working to help them grow.cabbage, i have also used free realtime as one of my important tools. the time and sales is what i use the most. it sure points out when the mms are passing the medecine ball. one of those 3 billion plus days cmkm had i pointed out imense trades going through in the same second in exactly the same size. cooperative mms can make the volume look really significant when there are really no buyers or sellers. just traders. these time and sales figures are key to seeing what happens, both regular and unusual. uncle milty IP: Logged |
adrenalix Member
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posted December 18, 2003 15:21
I posted this in bits and pieces in an earlier PGHI thread but thought it should be reposted here. These are random bits of info and opinion that may help you make inferences into where Veegeez stands in terms of it's competition.******* Introduction: To put this summary in the proper context, I thought you should know some info about my background. I am in the web development industry and have worked and designed systems for many major B2B and B2C sites including partners of the big 3: Yahoo, MSN, and AOL. So opinions I post here will be from that standpoint, and less from a stock technical analysis view. Voluntary Disclosure: I own a large chunk of shares in PGHI so I have a vested interest in the company succeeding. Here is my opinion of Veegeez: The online game rental business has tons of potential. There is no doubt that when applied to video games, the Netflix model of "rent as much as you can for a monthly fee" works. I think anyone who has invested in PGHI will agree so I won't elaborate too much on this point. In order to see the real picture we have to be more logical and less emotional in our approach. The following are a few points that jumped out at me: CONS
- The design of the current Veegeez.com website is piss-poor. I have honestly seen better websites made by 12 year olds.
- It doesn't look like much thought was put into the information architecture of the site. Links, categories and sections are either unclear, inconsistent or both.
- Focus. The site is guilty of trying to do too much at once which ends up confusing the viewer. Do a side-by-side comparison of the homepages of Veegeez and Netflix and you'll see what I mean. The sometimes cliche saying of "Less is More" actually applies in this situation.
- The site needs a marketing touch. Aside from a large banner on the homepage, there is little being done to meet the site's main objective: get new users to sign up.
- The process for browsing through titles is unintuitive. It is not clear how the "Game Catalog" on the left nav is supposed to work. There are five drop-down boxes with no clear labels on what each one is intended to do. Sorting through some pages (up to 400+ pages long) is a pain.
- The company needs to find a better way to differentiate between available and unavailable titles. I did a quick search for new titles for Playstation 2 and 7 out of the 10 games listed were out of stock.
- Inventory. This is probably a given. We need more titles and more copies of each.
- Site Statistics. Why display information that may be misused by competitors or could be interpreted as negative by your customers? It would be a different case if the company had stellar numbers such as 99% of titles in stock or 1million pages viewed today. That could be used as a marketing tool. But mediocre metrics such as only 60% of our inventory is available or only 38 people online right now? It may be useful to the company (or even shareholders) but not customers.
PROS
- All the negatives above being said, I am pleased to see that PGHI's first order of business is to hire a web designer to give it a fresh look. Done right, most of the CONS I listed above should be addressed. Let's see.
- Customer Service seems to be good. Each time I sent them an email, I got a response back within a few hours. One thing to note though that the same person responded to all my questions. Could it be a one-man operation?
- PGHI is a public company and through the sale of stock can raise funds needed to develop the infrastructure for the business and purchase more inventory.
- Being the first publicly traded company in the online game rentals business can get PGHI some good attention and hype.
CHALLENGES
- Veegeez is a late entry into the marketplace. "First to market" always has the advantage and Gamefly, and others already have a lead for which Veegeez has to make up. The less than 1,000 customers that they currently have is nominal compared to the market potential.
- Netflix has patented some "key processes" of their rental queue system which is the technology for which their infrastructure revolves around. Although many copycat sites simply disregard these, Veegeez has to figure out a way to work around these patents if they are serious about making it big. Netflix is already starting to take "offenders" into court.
- Veegeez has no branding. Though us shareholders know Veegeez by heart, the company is not at all known by it's target market. This may be a blessing in disguise as the marketing company Fleming just hired has a clean slate to work with. (It is interesting to note that Veegeez now advertises on Overture and pays about $1 per click. That's a bit expensive but is a good sign that they're putting money into promotion. This allows their listing to show on top of search results for Yahoo, MSN and others.)
- What do breakout companies have in common? A CULT-like following. Seriously. Look at Apple Computer owners, TIVO customers and Netflix subscribers. They swear by those products and services and love them. No one company has that type of effect in the game rentals industry although Gamefly has a lead.
KEY ISSUE
It is just as important to keep customers satisfied so that they remain customers. This leads us to a very important concern that I do not have insight to but is worth bringing up: INFRASTRUCTURE. This would include all the back-end systems necessary to run a commerce site successfully. At a high-level:
- FULFILLMENT: Veegeez needs to have an effective process for shipping out and managing inventory. For example, I have a Netflix account and I usually have a 2 day turnaround for my movie rentals. (I mail a movie back on Monday, they get it Tuesday and send a new one which I get Wednesday.)
- BILLING: Monthly memberships should be charged accurately and in time.
MARKETPLACE At this time, I see Gamefly and DVD Barn as the leaders in the industry. Veegeez is not (yet) at a level that it could compete.
Gamefly seems to be the best known of the group with a brand that has been well established in the gaming industry. They seem to have a big marketing campaign this holiday season. I have personally seen ads for them on MTV2 and all over the net. My nephews (avid gamers which is their target market) tell me that they see ads for them in magazines all the time. DVD Barn offers what Veegeez hopes for: game and movie rentals using one membership account though they have a fairly regional following, more popular in the west coast. The competition:
GameFly http://www.gamefly.com DVDBarn http://www.dvdbarn.com GameLender http://www.gamelender.com GameLender seems to be the leader in terms of titles carried with over 5,000 in their inventory. Red Octane http://www.redoctane.com GoVojo http://www.govojo.com RentZero http://www.rentzero.com Angel Gamer http://www.angelgamer.com DVD Avenue http://www.dvdavenue.com Turbo Gamer http://www.turbogamer.com A good side-by-side comparison of features and prices can be found at: http://www.video-game-rental-easy-comparison.com Helpful Links: http://internetgames.about.com/cs/gamerentals/ http://www.gamespot.com/ http://www.techtv.com/screensavers/products/story/0%2C24330%2C3440447%2C00.html Just sharing some of my DD. Hopefully my 3 cents worth helps you guys in some way.
[This message has been edited by adrenalix (edited December 18, 2003).] IP: Logged |
machtabow2 Member
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posted December 18, 2003 15:28
So much for .029. Time is on our side. mach quote: Originally posted by Mav: There many who are eager to buy this stock, just look, somebody just sold 5.000 shares and then, seconds later 100.000 shares where bought in 2 orders when the ask was down @0.028, now ask is up again @ 0.029[This message has been edited by Mav (edited December 18, 2003).]
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Mav Member
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posted December 18, 2003 15:30
More buying during the last minutes, ASK up @ 0.03[This message has been edited by Mav (edited December 18, 2003).] IP: Logged |
raven76 Member
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posted December 18, 2003 15:30
Adrenalix, Nice Job..Thanks for sharing. GL
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machtabow2 Member
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posted December 18, 2003 15:33
Adrenalix...Very thourough well rounded post. Well done! I have this very good feeling that John Fleming has "something up his sleeve," with GameZNflix Inc. and Veegeez... something that will be great... create a unique niche and significantly increase shareholder value. It may be a long wait... but when "all the cards are dealt," I believe shareholders we be greatly rewarded. Thanks again. mach IP: Logged |
machtabow2 Member
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posted December 18, 2003 15:36
Mav,As Raven state earlier... I believe .03 is a "fake" wall. I also believe MM intentionally broke this down to the upper .02's to collect what shares they could. They will not be able to hold it down for too much longer. But then again... they say... "Never look a gift horse in the mouth." imho mach quote: Originally posted by Mav: More buying during the last minutes, ASK up @ 0.03[This message has been edited by Mav (edited December 18, 2003).]
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machtabow2 Member
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posted December 18, 2003 15:48
Buying into the last 10 minutes... Good... machIP: Logged |
Mav Member
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posted December 18, 2003 15:52
Mach .. I have been on this all day, i think you read my post, i keep telling small buyers coming in slowly, it is my idea of what i see, I don't know what you think, please share with me your opinion... quote: Originally posted by machtabow2: Buying into the last 10 minutes... Good... mach
[This message has been edited by Mav (edited December 18, 2003).] IP: Logged |