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Micro Penny Stocks, Penny Stocks Under $0.10 ***GamezNFlix*** DD and TA only ( #2) (Page 11)
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Author | Topic: ***GamezNFlix*** DD and TA only ( #2) |
Marcidius Member |
posted February 04, 2004 12:38
Fozzy, I think he meant that he was having more fun HERE, in OTCBB land....I'm not positive but I reread his statement a couple times to make sure... pretty positive. :-? IP: Logged |
m_h13021 Member |
posted February 04, 2004 12:40
"In September 2003, the Company sold a portion of its games library to a local entertainment rental store for $8,500. The purpose of the sale was to generate cash flow for the Company." 1/23/2004 SEC_8K/A Look at it this way, management is looking forward. Soon there will be a PSX3 and new Xbox. Inventories have to stay current. I am sure that the PSX1 rental history was evaluated prior to being Eighty-Sixed. How about when all the Sega owners had to ante up to a Playstation because there was no new titles being released. You just have to move with the technology to stay current. - IP: Logged |
fozzy Member |
posted February 04, 2004 12:41
quote: Could be. I reread it as well, but didn't get that impression. I sure as hell prefer OTCBB. MUCH more exciting! Plus, I love ulcers IP: Logged |
penny_stock Member |
posted February 04, 2004 12:41
Tommy, Will the symbol change keep PGHI PGHI. ?
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penny_stock Member |
posted February 04, 2004 12:43
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tommy Member |
posted February 04, 2004 12:58
How is that a change if it stays the same? LOL
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JEB7006 Member |
posted February 04, 2004 13:15
quote: I must disagree with your "relative minimum risk" statement. Yes, NASDAQ and big board stocks are lower risk than OTCBB's, but the risk varies from stock to stock. To me, the only difference between OTCBB's and the Nasdaq is the medium used for pumping: BB stocks are pumped in chatrooms, Nasdaq stocks are pumped on CNBC... Several years ago, I bought Metromedia Fiber Optic Networks (MFNX - listed on the Nasdaq). I bought into the professional pumping hook, line, and sinker. The stock was featured often on CNBC and other financial TV shows, cbsmarketwatch.com, MSN Money.com, Forbes.com, etc., etc. It was even listed as one of the 100 companies that would "Change the Millenium" in Buisness Week. I bought large quantities of shares (about 15% of my portfolio) at $30.00 a share. To make a long story short, the company is bankrupt because it turns out they were full of s*&%. My story is just one of thousands about companies listed on the Dow, AMEX or Nasdaq that were touted by the so-called experts, but turned out to be crap.... So the lesson I learned is that it doesn't matter where the stock is traded, it can still turn out to be a dog. So don't listen to anyone else's advice -- do your own research! And even then, there still is risk.... Josh IP: Logged |
akabob Member |
posted February 04, 2004 13:21
well said Josh, the only difference i see in the penny's are the the swing are greater % wise. if you play them right, then you have more reward. more risk is offset by the reward. second; it is a lot better for me to tell my friends that i own 100,000 shares of this company, 500,000 shares of this one and 1m of the other. just as long as they don't ask me the price. who knows, i might find the next wal-mart or ibm. IP: Logged |
Brada777 Member |
posted February 04, 2004 13:22
Or Netflix!!
quote: [This message has been edited by Brada777 (edited February 04, 2004).] IP: Logged |
dazedtrader Member |
posted February 04, 2004 13:23
Don't mean to be a poop, but we're straying off the topic of "***GamezNFlix*** DD and TA only", aren't we? Can we get back to discussing PGHI only here? I'm sure a new thread can be started to discuss OTCBB stocks vs. Nasdaq, etc. Just trying to keep it focused - thanks! IP: Logged |
accesscard18 Member |
posted February 04, 2004 13:30
Everyone seem to be making money on PGHI. Too said I didn't get in early, but instead I got in too late..... got in at .092 the other day and felt stupid not selling it at around .098-.10, any feedback to why I shouldn't/should cut my lost right now?? thanks IP: Logged |
dazedtrader Member |
posted February 04, 2004 13:34
Access - Best advice in the world.... never sell when your stock is down. Might sound obvious, but its true. Unless you're absolutely sure a stock will continue downward (i.e. you read a horrible HORRIBLE press release or there's just imminent death in the air) you should instead by BUYING MORE of it when its low. It'll drop your average price down, and eventually when the stock goes back up (as they almost always do), you'll be in a better position to profit. Double your shares at .08 right now and it'll average down your price to .086. When this baby blows back up to .098 you'll be on solid ground. JUST AN HONEST OPINION. IP: Logged |
tigerontop Member |
posted February 04, 2004 13:39
would we in most cases find a floor this quick and move sideways for a little while or should we expect .072? Having said that while the name change is a great miletone for us and shows that the company is serious about the industry to new investors, but shouldnt we see a move prior to. IP: Logged |
BetNitAll Member |
posted February 04, 2004 13:40
access--- I wouldn't sell right now. It seems we found our bottom in the 7's But I remember when we tested .06 several times before finally breaking through. At this point with this stock; Gain still out ways risk! (In my opinion) [This message has been edited by BetNitAll (edited February 04, 2004).] IP: Logged |
old mullet Member |
posted February 04, 2004 13:44
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BetNitAll Member |
posted February 04, 2004 13:48
There is still a few more things that this company is going to do, i.e. Completing LOI (Selling DVD's), anounce Berlin stock exchange (maybe), new GamezNflix site coming up, name change. Point: There is still a lot things that can come out that can move this stock. See how we dropped a penny today and came back up....we can really move in a hurry. Worst case scenario (IMO) We drop to low .07's and we lose 10% more then you already have. IMO, risking a 10% loss is worth the pay off. IP: Logged |
tommy Member |
posted February 04, 2004 14:12
You guys talk like as if this stock was gonna go to .10 or .15 and then not do anything anymore! The goal of the company is to develop a solid business and gain a good marketshare in the online rental industry. This is the reason why many longs have decided not to participate on the board anymore. All we hear is talk about where the PPS will be tomorrow or next week etc... Why don't we concentrate on helping the business develop accordingly? The PPS will follow that development if the business is solid, that's what it means to be long! GLTA!
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Jesse K Member |
posted February 04, 2004 14:22
agreed...
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ccoin New Member |
posted February 04, 2004 14:39
I also agree. As soon as we hit a high and then retract a bit all of the shorts start freeking out and the boards turn into one big arguement. We have to all chill out. This company is strong. JF knows what he is doing. If you sell at .10 or .15 you are going to be very sorry in 6 months or a year from now. IP: Logged |
trader01 Member |
posted February 04, 2004 14:45
no one is arguing and no one is freaking out, we were just having a good conversation about NASDAQ and OTCBB. Sorry i realize this is not the place to bring it up, but it still was interesting anyways. Newbies may be freaking out, but the rest of us are as calm as a rock, I think. I for one think the longer it stays in the 7's the larger the next jump would be... when we began the PGHI frenzy it was 0.03, it shot up 100% to 0.06, formed a base at 0.05. Now it shot up another 100% to 0.10 and is forming a new base. I guess next move will be another 100% and so forth...
quote: [This message has been edited by trader01 (edited February 04, 2004).] IP: Logged |
old mullet Member |
posted February 04, 2004 14:59
the percentage swings are what count. .025 to .03 is more of a swing than .072-.082. you just feel it more if you kept the same number of shares. remember that the o/s is being used to pay bills and you might see periodic liquidation of shares and reduced share price. i'm still long on pghi and it's next incarnation. uncle milty IP: Logged |
tigerontop Member |
posted February 04, 2004 15:16
Tommy I will tell you why I do.I do my part as well helping advertise. I somewhat still new and i am learning about the stock as it plays and have got great info. There is nothing wrong trying to get a better understanding of what makes a stock move. quote: IP: Logged |
BetNitAll Member |
posted February 04, 2004 15:18
78.39% of games in stock.....67% of new releases in stock as of now. Looking good. Hopefully they are getting some good sub #'s IP: Logged |
BetNitAll Member |
posted February 04, 2004 15:24
There are a lot of people still learning here. So if some one asks a question or is nervous about the PPS, then we should try and reassure them and answer there question. Alot of us have been in since it was under .05 and we know more about the company then most. For anyone that is new and nervous, just stay clam. There is always a risk in any stock, but this is a good risk. Go back and read some of the comments on the other strings or ask questions. Most, if not all, the answers are there and here.
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Drethar2 Member |
posted February 04, 2004 15:35
Tommy is right...don't worry about this and that about this stock...if you plan on staying in for a week and dumping for a small profit don't post because it does not our discussion of predicting and helping this company's goals. However if you are in long term like many of us your main concern should be the sub numbers of the up and coming service this company is providing...as sub numbers will be what ultimatley drives this stock price in the medium and long term. Just something to chew on...if the sub numbers are able to reach 5,000 very quickly with this new site...which is extremely possible...and we can keep a growth rate of 40% a month for sub numbers (someone said that was the rate for the OLD site!)...then we would have over 600,000 subs this time next year. Thats obviously not an easy thing to achieve, but as investors that should be our goal to help those numbers rise as much as possible by any means we can...thats how the PPS will rise and thats how GamezNFlix will make us all rich someday! IP: Logged |
tigerontop Member |
posted February 04, 2004 15:35
Bet, I for one have in in at .03 and havent sold one share and am long. My main reason is I have to buy more as I get paid every two weeks, so therefore I am just learning and getting a grasp on resitance and support levels. We cant predict what a stock is going to do, but we can learn enough to make an educated guess rather than shoot at the moon. LOL Thanks for al the info you have produced. quote: IP: Logged |
old mullet Member |
posted February 04, 2004 15:39
bet, you posted: the typo even is great advice! lol IP: Logged |
chiloso Member |
posted February 04, 2004 15:40
I tried to get in at .052 but Ameritrade held my money for a couple of days. Nevertheless, I got in at .077 and will not sell til it hits at least $1.00. I'm in it for the long run. Today is no big deal. IP: Logged |
rajarammx Member |
posted February 04, 2004 15:47
quote: It is a calculated risk. I was in the big boards for the last four years and lost a lot. Switched to Pennies 4 moths ago & have been doing great. This does not mean that I do not want to invest in Bigboard, I have kept 60% of my portofolio still there, but the 40% of pennies have recivered almost 80% of my loss.... If you have time play the pennies, if not DD some good companies (not Intels, Ciscos, etc..), some new emerging ones & stay in the bigboards... Advantages of Pennies --- 2. Rewards can be very high in a very little time. Disadvantages of Pennies 1. You can loss your money very fast. GLTA IP: Logged |
Wooter Member |
posted February 04, 2004 15:51
I saw this quote a while back in a post, comes from John......... .......The answer is YES. We are a family based company and I have two young grandchildren. Don't know about everyone else, but that statement means a ton to me. STABILITY. John really seems to want to create a stable, growing company, and just not be out to make the quick buck. I think everything happening reflects back on John's attitude- no fluff PR's, no real big delays or problems. This all reflects back to the PPS and how stable the growth really is for a penny. For all you Nasdaqer's I don't like LU right now short term, following CSCO closely, looks to be bouncing off a couple of major support trendlines. Woot Woot PS- How do you post charts to this board? [This message has been edited by Wooter (edited February 04, 2004).] IP: Logged |
cabbage22 Member |
posted February 04, 2004 16:05
Great day for PGHI, tested the first resistence point of .072 and closed above it. Start looking for new entry points. IP: Logged |
chiloso Member |
posted February 04, 2004 16:17
Where can I find the veegeez banner so I can put on my website? IP: Logged |
Brada777 Member |
posted February 04, 2004 16:22
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m_h13021 Member |
posted February 04, 2004 16:24
[This message has been edited by m_h13021 (edited February 04, 2004).] IP: Logged |
chiloso Member |
posted February 04, 2004 16:25
I like the banner cabbage22 has on his site.
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clay1999 Member |
posted February 04, 2004 16:25
Dollar!!!! I'm not so cheep....5 bucks before my first move.....long and strong!!!! Clay
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r.douglas Member |
posted February 04, 2004 16:26
Collegehumor.com, which has a pretty huge base and a number of affiliate sites, has a program as I understand that will post your banner for free if you post theirs. It would be great publicity. You can view the option at the site under list your link on the the left of the home page. My question: would someone that is in contact/familiar with JF be interested in throwing the idea past him? IP: Logged |
Jesse K Member |
posted February 04, 2004 16:27
I agree.. If it dips into .06's I'm gonna double my shares. Wooter email me about CSCO at JKrupski86@yahoo.com IP: Logged |
tommy Member |
posted February 04, 2004 16:38
I don't think that Veegeez will start putting other company banners on their site! IMO
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r.douglas Member |
posted February 04, 2004 16:40
Collegehumor.com, which has a pretty huge base and a number of affiliate sites, has a program as I understand that will post your banner for free if you post theirs. It would be great publicity. You can view the option at the site under list your link on the the left of the home page. My question: would someone that is in contact/familiar with JF be interested in throwing the idea past him? IP: Logged |
tommy Member |
posted February 04, 2004 16:44
r.douglas, it's your idea, email him yourself at ceo@gameznflix.com or email Veegeez through their online feedback form. IP: Logged |
zo Member |
posted February 04, 2004 16:49
I'm a little confused...I hear people saying that the symbol change might be this week...But according to the email sent by JF...The earliest date would be next wednesday...Am i wrong?... according to the update email that JF sent on the 7th of Jan...25 business days after the 7th of January comes out to be next wednesday...The earliest...Can anyone confirm this for me....Thanks... "We got the filing done and the next step of mailing out the shareholders of record of 10/31/03 happened today. That leaves us all to count 25 business days, then we filing the amended articles with state, followed by applying for the new CUSIP #, followed by receiving a new trading symbol. The Company does not have control over the new symbol nor can it request one. So we will find out about the same time." IP: Logged |
r.douglas Member |
posted February 04, 2004 16:51
Yeah....I actually started imagining the college humor banner on their site...and one of two things happening. 1, minors not getting sighned up because of the affiliation veegeez has with a tasteless website, or 2. older people not signing up because they get distracted by a tasteless site. Dumb idea, at least for that site...and sorry I always double post. it just happens when i hit the back key.... IP: Logged |
tommy Member |
posted February 04, 2004 16:53
Personally I think that Collegehumor is pretty sleazy, it's fun if you have time to waste but an affiliation with them would not be recommended as they have scandalous and pornographic material!
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PSU90 Member |
posted February 04, 2004 17:02
Zo, that's the info I've given most weight to myself. The process seems pretty well defined to me.
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zo Member |
posted February 04, 2004 17:12
Yea it seemed well fefined to me as well...But i just wanted to make sure...I wanted to make sure that the actualy date that we start counting was the 7th instead of another date...Thanks for the reply...Take care...zo... IP: Logged |
Wooter Member |
posted February 04, 2004 17:31
Cabbage, That is exactly the way I was reading the charts. Just don't trust myself quite enough to post charts yet or I would have. I have heard a talk on other boards about retesting the old resistance in the low .062's and using it as support but I don't buy it. I liken this pop to the one which happened in late October. RSI and volume were the highest since then, Macd was nearly identical in length and angle of ascent. And if you look at early November it never retraced back down to pre-pop levels. Never has. My resistance I set at .074, but really don't espect it to ever break down past the high .06's again. Low .06's out of the question IMO. Mike Oh, can you do me a favor and tell me how to post charts? I remember seeing it before, but now it would be like searching for a needle in a haystack. I have a saved paintbrush file all ready to go. Thanks.
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Brada777 Member |
posted February 04, 2004 17:34
wooter - Give me your email and I will give the instructions to post your image. Or email me at brada7@hotmail.com Adding Images no spaces though -->[ IMG ]http://www.infopop.com/artwork/footer_logotype.gif[ /IMG ] <---no spaces though
quote: [This message has been edited by Brada777 (edited February 04, 2004).] [This message has been edited by Brada777 (edited February 04, 2004).] [This message has been edited by Brada777 (edited February 04, 2004).] IP: Logged |
tommy Member |
posted February 04, 2004 18:17
zo, that was an ETA, nothing is set in stone. For example the Def. 14c was supposed to be done before the end of 2003 but the SEC lawyers at PGHI forgot to file it while John Fleming was on vacation so it got delayed. Last Thursday John gave me an estimated time of today for the symbol change and I posted it here. Will it happen tonight or tomorrow night, or even next week? I don't know for sure, things are out of our control, it's up to management and their lawyers. GLTA!
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ignorantbliss Member |
posted February 04, 2004 18:47
Check out our new site ranking!! Going up big time. Hopefully we'll keep rising. Traffic rank: Today 1 wk. Avg. 3 mos. Avg. 3 mos. Change ------------------ IP: Logged |
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