posted
The thing that is starting to worry me about this stock is eventually we are going to run out of buyers and I have a feeling today might have been evidence that it is happening. I mean how many ppl do you guys think the mm's and day traders can burn before ppl will stop investing in our stock. Everyone that is into pennies either owns this stock or has been burned buy it. So, I think we are going to start seeing our endless sea of buyers dry up until we come out with some great news! Geez, we were on 8 reports for stockhouse and we didnt even hit our avg. volume and the price traded sideways. This day was a horrible indication of what is to come I think. I own this stock btw for everyone who is going to bitch at me since 0.0078 and Im going to watch it for the rest of the week but I think we are going to start slowing down drastically and I might be bailing with my profits soon sorry to say. I dont see it going up until news breaks. And why hang on and risk it for a little extra?
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quote:Originally posted by RiescoDiQui: I'm pretty sure this says it all... Except for the fact that last time we didn't even have a website or even subscriber number one...
That is a cool chart,look at the first golden cross and the trend that followed and now look at the most recent golden cross..Good thing to come!!
posted
come on,seriously here.Look at the charts and the company in general. It may be pumped but this one has the right to be it IS a sure fire winner. We had one slow today,so all of a sudden its a over for the stock?Right!
quote:Originally posted by RiescoDiQui: I'm pretty sure this says it all... Except for the fact that last time we didn't even have a website or even subscriber number one...
The problem is there share count is now at a billion which wasn't the case in 2004.
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posted
No, Im not saying its over. I think that GZFX might still be a great company later. Im just saying Im not sure there is much potential in sticking w/this stock from now till the news w/cc hits. I mean say it goes up to .03 or even .04 so I lost out on a penny worth of profit between now and the news. But Im not stuck trying to sell off w/everyone else if the deal falls through. Also, think about today the MM's and daytraders lost money!!! They might start jumping ship and leaving us to fend for ourselves now. If they sold on weds fri that means they had to buy in today at open for 2.4's and they sold of in the 2.2's That means they had no buyers today to make any profit off of w/all the news posts (8) I believe that is a VERY bad sign. Like I said Im really going to see how tomorrow is because usually monday rocks around 20+% and tues follows w/a 10% day. Wed & thurs usually suck and fri recovers from wed thurs. But it might be a red week since we didnt get our 20%+ today thats all Im saying.
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posted
i agree with iwearpro, one slow day and everyone is turning into a BEAR. even with the slow day we still closed in the green, not many other pennies have the strenght GZFX is showing
-------------------- Success is having the time and money to enjoy all of life's wonders...
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quote:Originally posted by Mysticobra96: No, Im not saying its over. I think that GZFX might still be a great company later. Im just saying Im not sure there is much potential in sticking w/this stock from now till the news w/cc hits. I mean say it goes up to .03 or even .04 so I lost out on a penny worth of profit between now and the news. But Im not stuck trying to sell off w/everyone else if the deal falls through. Also, think about today the MM's and daytraders lost money!!! They might start jumping ship and leaving us to fend for ourselves now. If they sold on weds fri that means they had to buy in today at open for 2.4's and they sold of in the 2.2's That means they had no buyers today to make any profit off of w/all the news posts (8) I believe that is a VERY bad sign. Like I said Im really going to see how tomorrow is because usually monday rocks around 20+% and tues follows w/a 10% day. Wed & thurs usually suck and fri recovers from wed thurs. But it might be a red week since we didnt get our 20%+ today thats all Im saying.
I am a big time GZFX supporter and fan I see so much potential in the company however I tend to agree with you, I am going to monitor tommorow very closely.
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posted
If your commet was based on today's movement, Mysticobra96 We are getting rid of the traders, now we have investors. That is a good sign. We have higher lows and EOD with higer highs. If you have L2 it will show you they were more buys than sells today. Believe me there r a ton of investors who want to get in on this, but they r waiting for a technical point to get in on. There r out there believe me.
----------------------- Think long; Play Wrong
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posted
I believe there were more buys there always are with this stock on monday cuz the mm's have to get in. Your missing my point. Im not saying the stock is going to flop or even go down. Im just saying right now if the days continue like today Im not sure the risk is worth the reward. If it goes up 1% a day until the news comes out Id rather wait to buy in when the news comes out for sure. Thats all Im trying to say.
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posted
People it was a down day accross the board so why all the panic
From Yahoo Finance:
Market Update 3:40PM: Fading further, fresh lows are again established. Each sector, aside from Telecom (+0.8%) continue to decline, with Energy now 3.0% lower, Healthcare off 1.1%, Discretionary down 1.0%, Financials and Industrials each 0.6% lower, and Tech giving up 0.5%. Along with the sectors' stances and the indices' losses, the market's breadth works to further evidence the bearish bias that has dominated trading. On both the NYSE and Nasdaq, declining issues maintain a two-to-one lead over their advancing counterparts. NYSE Adv/Dec 1157/2124, Nasdaq Adv/Dec 933/2135
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posted
nexgen I dont know how many shares he has but trust me I think flippers are doing just fine in this stock unless they made some huge mistakes. For the last month this stock has been completely predictable by the day. If you bought anytime thurs or fri before EOD run and sold off wed at open you would have tons of free shares right now. I noticed this a long time ago but I dont have a margin acc w/$25k in it or I would have been right there with them. Believe me all the profits we have made sitting on it are nothing compared to the ppl that have flipped this stock. It was so predictable until today. So, mabye thats a good sign because since I cant flip I dont want others to either. Maybe they will shy away from this stock now but I doubt it.
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posted
Cuz the way u r thinking u will lose for sure. Myticobra96 u don't buy on news cuz. You BUY on the rumor and SELL on the news. But if u ask me i would not sell on NONE. Oppotunities like this comes around once in a lifetime.
----------------------- Think Long; Play Wrong
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posted
But the rumor has more risk. Lets give a scenario. Say this stock actually reaches 0.03 by dec (which I doubt now). Then by jan it even reaches 0.04 (even more doubt). Now lets say news hits jan 15th and ppl are saying it has to hit sooner as in by dec 15th which would put this even more in my favor. Lets even say the news comes out when the market is closed. I doubt its going to gap past .05 in either of those scenarios. So, I get in at .05 and it runs to .10 so I loose .01-.02. And all that is on IF CC deal goes through, IF the news comes out on a closed market (because if its open I can buy it right away). I just don't see the big gain of hanging on to this waiting for them to make the announcement. Before yes, when it was climbing 30% and such it was worth it. But I think ppl have reached their max buy for it until better news is released. This is jmho and belive me I hope its wrong too. I would love for it to climb 5-10% a day I wouldnt think twice about sticking with it. But to blindlessly follow that Im sorry I cant do. I have to notice these things and react accordingly.
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posted
I am greatfull for all the shares that I bought at .006 and still hold today.I am happy with a smooth steady increse in worth. I guess if i bought and sold everyday and then next thing you know Im not making jack on each flip I may be a little pissy that my money making is over. With all of my shares still growing in worth I am thrilled to see an average of several hundred dollars a day gain while I sit and work everyday. There is news come out out everyday on alot of stocks and there will be ones I flip to make money.This one is a sure fire long term hold.Hmmmm looks Ok to me...
Today / 20 Day Avg Vol ABOVE 150 Day Avg Vol 61,486,320 Today / 150 Day Avg Vol ABOVE Abnormal Volume NO William Volume Accumulation bullish Volume Price Trend bullish Momentum Indicators 10 Day Trend bullish 40 Day Trend bullish 100 Day Trend bullish
posted
I dont know maybe you guys are right. Its just that once we hit 0.01 we ran so well and the 0.02's are being a bitch. But I had charted the old run back in 03 and they had difficulty getting past the 0.02's also.
Within the next 2 weeks they were solidly in the 0.05's. I just have never questioned this stock before. I bought in first at 0.013 on the 300% day and watched it fall to 0.005 and started buying more knowing it was always going to go up. But Im actually worried now maybe its just because I have a lot more invested now Im not sure.
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