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Five down days will almost always signfy upcoming days to be bullish...GZFX has the best entry point right now...Get in for the easy 50% gain to .12...And possible breakout past that with or without news...Farhad...
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Havnt seen it down like this for some time .075. That turn has to be around the corner, this tree has been shook to death now its time to put on some new growth....
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It will go back up and when it does it will go fast Im gonna wait for verification of a reversal in momentum before I enter. Without news this could go back as far as .062 which was the last break out point Either way it will be back over .1 by end of March I think?
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realperson, i agree. I got out at .08 and I wanna see evidence of a reversal. I think GZFX has so much potential, but theres nothing wrong with taking advantage of it at a discount
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i am down all over the board...can i catch a break....this sucks, im going to the movies for some good old fashion fantasy, where EVERYTHING turns out ok!!!!lol
It might be true what you are saying but very dangerous. Let me give you an example how shorts are often get burned with such stoks. GZFX put news after the closure of the market and you sold at 0.08 bot tomorrow it opens at 0.096. The recovery will be impossible and you already lost.
So shorting is not always safe especially with such hot stock that can go like a rocket at any time.
quote:Originally posted by salvia123: i am down all over the board...can i catch a break....this sucks, im going to the movies for some good old fashion fantasy, where EVERYTHING turns out ok!!!!lol
t
but the 13 bucks you'll spend at the movies can get you almost 100 more shares of GZFX at these prices! In a few weeks that will get you 3 movies!
posted
I get so sick of BB and pinksheet pump and dump scams, are there ANY real freaking companies on these exchanges??
I just can't believe that that's the case here. You can go to their website and get their service, that's something that most pump n dumps can't claim. I'm not real sure what's going on, but I am keeping my shares. Maybe I'm the world's biggest sucker, but I'm taking the chance.
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I don't worry day to day anymore with the price of GZFX because I've started buying this stock since it was at .019 and also have 100,000 shares I can't even sell for a year because they were bought through the PPM.
If you look at the chart, these shakeouts have happened since the very beginning and we've always come back with good news.
Keep in mind that besides the site launching, there haven't been any PRs about subscriber numbers or revenues. Some investors simply don't want to wait around I guess. I'm in it for the long term and I think this company can make it.
I'm very excited about them launching the GamezNFliX site which is supposed to be even better than VeeGeez and I think the European market could be huge for us.
Just bought another couple thousand shares at .076 (all I could afford, I'm all tied up) which I think is a bargain.
Remember that February was the long awaited month, I'm thinking March and April will be big ones too.
Oh... and naked shorting can still go on, so don't completely rule that out either for an effect on share price. Almost everyone on these forums (and over at "Club VeeGeez" ) is long on this stock and so am I.
Come back in 2 months and see what the share price is!
quote:Originally posted by trader_83: realperson and r.douglas,
It might be true what you are saying but very dangerous. Let me give you an example how shorts are often get burned with such stoks. GZFX put news after the closure of the market and you sold at 0.08 bot tomorrow it opens at 0.096. The recovery will be impossible and you already lost.
I know what you mean and I am actually concerned about that. For my decision though I was using a chart someone drew up on danceswithbulls and in the trend channel it looked like this should been hitting its current levels or even a bit lower. I'm sure its gonna go back up, I was just playing the chart, I've been burnt more waiting/depending on news.
So shorting is not always safe especially with such hot stock that can go like a rocket at any time.
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Cab and PSU.. Both very good points. I'm looking at this as a chance to get some more shares. Learn your TA, learn to read charts etc. Do your DD and you wouldn't freak. You'd be buyin' some more.
You guys need to stop freaking out Its technicals pure and simple
posted
Just a figure of speach everyone knows there will be ups and downs and you must trust your DD this is a given, Learn how to read sarcasm as well. no worries
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The funny thing about the Netflix news is that it really isn't that bad. In fact, some would see it as good news.
They reported that subscriber numbers were up, but that an overall loss would be posted due to marketing costs of attracting those new subscribers. BIG DEAL. They are closing in on 2 million subscribers with a very low churn rate, something that will more than pay off in the future.
From a GamezNFlix standpoint, this effects us how? We haven't even started marketing and are still building a subscriber base. As long as there is still a big market share for GamezNFlix to pursue (which there is!), we are fine.
posted
Couldn't agree with you more RedBull! People read the headline and hit the sell key without reading the story. It has a snowball effect until clearer heads prevail. MM's take advantage of the hit on confidence.
The price won't stay down for long IMHO. A few hits at the ask and they'll have it above .08 again.
quote:Originally posted by RedBullish: The funny thing about the Netflix news is that it really isn't that bad. In fact, some would see it as good news.
They reported that subscriber numbers were up, but that an overall loss would be posted due to marketing costs of attracting those new subscribers. BIG DEAL. They are closing in on 2 million subscribers with a very low churn rate, something that will more than pay off in the future.
From a GamezNFlix standpoint, this effects us how? We haven't even started marketing and are still building a subscriber base. As long as there is still a big market share for GamezNFlix to pursue (which there is!), we are fine.
Just overreaction to some news.
[This message has been edited by PSU90 (edited February 24, 2004).]
posted
This is exactly why only a few of us here make the real money. BECAUSE WE DON'T PANIC AND ALMOST HAVE A HEART ATTACK BECAUSE OF ONE BAD DAY. I can't believe there are so many weak willed people out there. I've said enough and I'm going to enjoy my lunch. My best wishes to you all.
quote:Originally posted by r.douglas: i think i agree....i think, Do gaps "always" have to get filled?
NO!!
It doesnt take much to shake people on the GZFX board anymore.
Everyone is freakin out @ .076 Yeah, it sucks that it is falling in price but we all know where this stock is heading.
Now for those playing the dips, good luck. I am an advocate of playing the dips, and I do with most of my positions, but with GZFX its risky.
I have no problems playing any other penny, but being out of this stock scares me. I did jump out @ .102 and bought back at .092 300K shares, and pocketed the 3k$ It would have been nice if I held out till now, but done buns cant be undone!
At this price of .076, I personally wouldn't try to play it now. The time to play this stock was @ .09-.12 IMO For all I know, GZFX could continue to fall, but the Gameznflix website should be right around the corner, and if you are sitting on the sidelines when the site is introduced........good luck trying to get back in.
Penny stocks can move soo fast that you cant keep up with them, and you wont be able to get in until the frenzy has died down.
I have been through it several times.
But this is all IMO, so play the stock how you want to.
posted
Let the weak fall thru the cracks. Only the strong should go for the ride. Before you know it people will be bickering about it retracing to .12 - Lets see the new site plus more freaking news than I can shake a stick at, why would you sell. Who cares I guess anyway. All the longs will prevail. - Marty
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Too many customers for netflix, and thats a problem! haha! well soon GZFX can help Netflix out with there problem by taking there customers away!
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read all of the threads of this stock. i have read all of them since sept. of 03. then look at the chart. people start freaking out on the retracements. inevitable. at the end of the month (like we are at) the stock jumps. people are happy. saying i told you so. then it retraces back like it is suppose to. everyone freaks out again. do you see a pattern?
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Hi all...I wrote a few weeks back looking for entry into this one...At the time it was at 0.085...After being too hesitant it then proceeded to jump up to 0.10 leaving me in the dust. However, NOW in the 7's will be the time to jump in. According to some chart research it appears to have formed a head on the chart and should now continue the current uptrend, which I believe will continue tomorrow along with PLKC, which formed a hammer today. This is only my opinion and I welcome all response and insight since I am still learning.
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I love the fact the Wal-Mart and Blockbuster havent been able to dent Netflix 95% market share.
Its good to see that Netflix can fend off F*%k_ing Wal-Mart.
I'm sick of them. They are trying to take over everything. Its rediculous that they have to stick their fat f+*c*ing heads into this market. Are they not making enough money with their B&M stores. They're not happy enough making local super markets fold, as well as driving K Mart and the toy stores out of business. Now they want to take over the online DVD rental business. DVD rentals??? WTF
F Wal Mart.......I hope they fall flat on their faces with this addition to their local business raping, money hoarding business.
They need to leave some things left alone.
Are they going to sell cars next? Maybe they can begin researching stem cells? Wal-Mart Cellular? Wal-Mart broadband/DSL?
Whats next MOTHER F-ER's???
Hopefully Americans will realize that they are trying to take over the world. Help put a stop to it buy not subscribing to their service.
Who cares about the 5-10$ you save by grocery shopping @ Wal-Mart instead of your local supermarket. Dont help them in their quest for world domination. Support you local stores & F Wal-Mart.
Wal Mart...............F OFF!!
Sorry about that. I never cared about Wal-Mart until they jumped into the online DVD's.
I had a plan to get in on this market with my business partner. We had money, conections for advertising in print, online, and tv, and a great business plan with Movies/Porn/Games. We had people lined up to help execute the plan, but then........the bombshell........... Wal-Mart Too much big competition. Not that we had plans to defeat NetFlix but we were going try to survive.
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F-WALMART. I refuse to shop there myself. I will do anything in my ability to avoid purchasing products from them - PERIOD. It is easily done, not as convenient but very doable. Thanks for the post delt16. - Marty
[This message has been edited by m_h13021 (edited February 24, 2004).]
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they tore down many acres of beautiful forest near my home and put up a Walmart. the wildlife has been replaced with shopping carts. i hate Walmart.
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quote:Originally posted by jr: they tore down many acres of beautiful forest near my home and put up a Walmart. the wildlife has been replaced with shopping carts. i hate Walmart.
Its good to see that some of us share the same views on this issue. If only more people cared more about the big picture, rather than the pennies they save shopping @ Wal Mart, they wouldn't be the beast they are today. I would love to see people start shopping at stores other than WM. Maybe that would force them to close down some of their 9 million stores. This would allow for more businesses to prosper, rather than having one company sucking up all the business.
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) is long on this stock and so am I.
