quote:Originally posted by greenman: Still dropping. I think bottom is .0115 - .0125.
Yup. We reached that bottom. I bought first time at .014 and sold at .02. Now I have buy order in at .0129. We will see.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
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I just wanted to make a public apology. I started watching this forum around 11- 15- 2005 .
I decided that this might be a good oppurtunity to buy some cheap stock with potential.
I decided to open a account, sent my money and application into the brokerage of my choice. I just watched the stock go up everyday waiting on them to open my account. Due to the Holiday week , I was told the funds would not be available until the 28th of November. Bah , I was seeing the stock climb everyday and seeing that I could buy less shares as GZFX continued climbing.
Finally , my funds cleared at 0830 and the stock was trading at .0245 ....Wow , I got in with 40,000 shares before it went any higher , I was exstatic for 30 minutes , until I realized that I had now jinxed the stock for everyone by buying in. Needless to say , I have never seen a winning day on this stock. So yes, I guess this is all my fault ..so I apologise .
But I am going to HOLD because nobody can predict where this stock will go , no chart , no guru were all just along for the ride.
If I sell the stock tomorrow , I'm sure it would go up but I'm going to HOLD , so I apologise again.
Place your bets and good luck Gentleman
We've all been there, man! I bought several times and my last purchase was at .0241, only to watch it drop like a rock after about an hour of being happy. I was right there with ya!
Most of the people here agree that we'll see something over .0245, so have faith and remember to sell a little here and there when you're making money.
Good luck!
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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quote:Originally posted by 4000: Numa, I did the same with etrade, and although they let me do it, I'm on 90 day restriction. I can only used settled funds (sold +3 days to settle) to buy more shares of anything. Funny because they show my account broken down into 2 sections, settled fund available for investment and unsettled funds. I didn't think they would let you use unsettled funds, but they did, and now I got restricted to using only settled funds to purchase anything. (sale date plus 3 days after a sale) I feel duped, since I didn't think they would allow me to use unsettled funds to make a purchase before my "restriction" but they apparently did, and I did it accidentally..so now I can only use settled funds to purchase anything for 60 more days. (which I usually do anyways) since its a cash account..I don't see how I would have it available for investment until it settles anyways..if that makes any sense. Anyways..long gzfx, been accumulating on the ride down, never sold through the dip (which hopefully is reversed now) and picked up more on the bottom (thank God I had some funds available to do that and avaerage down) ..which Inormally never do, but had to just to justify holding and knowing it would ride back up. I'm sitting on 300k shares now..only in the red by a little bit, and will be enjoying the ride back up. I'd say good luck to all, but I don't think we need it. It's just a matter of making money now. Anyone holding a bag..don't sweat it. You only lose or make money when you sell, and if you held this long, it will come back to you and then some IMO. Only regret is not flipping it at .024ish, but hindsight is 20/20. Onward and upward.
Thanks for your input, this is how I thought it worked but I don't understand WHY that is. It's technically not a free ride since all trades will be settled for at least an equal amount in the order in which they occur. ie, you are always paying with enough money (at least in a cash account.)
So the next obvious question is, how do flippers do it? Margin account with $25K for the "pattern day trader" under NASD rule 2520?
-------------------- "Please note that every week from now until the end of time is a 'coming week.' " Posts: 512 | Registered: Sep 2005
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posted
Yes, if you have a min. 25k in the acct. and a margin acct. you can do it. Also, be careful..if you buy and sell a stock more than 3 times within a 5 day trading period, you get labeled as a "pattern day trader" and the SEC comes knocking and wants to see a minimum 25k in your acct. or they can shut you down. I don't know if it's on that 4th trade it triggers (and 3 is ok) or what. Luckily, I haven't been there yet. Hopefully after all this gzfx deal is done, I'll have the 25k in the acct. so it won't matter either way.
Posts: 34 | From: FL | Registered: Nov 2005
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posted
it's called a round trip trade meaning you buy and then sell in the same day. If you make 4 round trip trades in five days and the round trip trades make up more than ten percent of your total trades for that five day period then you are flagged as a pattern day trader and must maintain a minimum of 25,000 margin equity in your account... This is for margin account holders... Cash accounts I'm not sure of the rules because I haven't had one in years... Call your brokerage.
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
"Any margin account that executes four or more day trades/round trips within a rolling five business days has shown a pattern of day trading. The account will be flagged as a pattern day trading account and subject to the National Association of Securities Dealers (NASD) Pattern Day Trading Rules."
Posts: 28 | From: Detroit, MI | Registered: Aug 2005
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quote:Originally posted by iOWNstocks: do you mean by 3 sells and 3 buys only? or just 3 buys and sell total.
lol, ONCE AGAIN, I emphasize the need for these questions to be answered ALL on ONE reference thread. "WE" ie, those of us who believe that transferring knowledge is in our own best interest, have answered these SAME questions ...OVER & OVER & OVER...
plus, other knowledge that only better traders have won have also been posted many times.
WHY DO WE INVENT THE WHEEL...
over & over & over...?
Yikes--could not get the "newbie forum" I wanted--perhaps these "newbie" questions could be answered-----like a Reference Book---on Explorer's thread/forum
* how scan for plays?
* what' s the obvious scams?
* who are the obvious troublemakers?
* how read a chart?
WHY is that info NOT on readily accessible thread/forum?
Diana's post (reality inc) is FAMOUS! (if you've been here--doh! go find it, otherwise...)
as are some of "RIC's"...
as are some of da Dog's
etc, etc, et phukin cetera...
Is organization a bad thang?
My 2 cents'...
best y'all--
Tex-O-matic
[ December 01, 2005, 23:09: Message edited by: BuyTex ]
posted
FYI: I joined GamezNFlix on Monday the 28th and ordered 1 game to test the delivery time. I got it in the mail today Wed the 1st. Two days isn't bad. I am also a member of Blockbuster Online in which it takes the same amount of time to recieve movies. I am located in SW Florida. I see no problems with delivery times. I see this company coming around just fine.
Posts: 112 | From: Cape Coral, FL | Registered: Dec 2005
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posted
hey guys, you can get away with pattern day trading once for sure , maybe even twice without 25,000. At least with ameritrade. They give you a freebie or two. I was labeled a pattern day-trader and called them. I told them that I wouldn't do it again, I'm sorry , blah, blah, blah. They took it off my account(the flag for pattern day-trader) and said if it happened again they would require the 25,000 account balance to continue trading. So if you're on a roll- go ahead and trade. If you get flagged, say ,"oops, I'm sorry" and dont do it again-- or have 25,000 ready to go and dont worry about it!! 740,000 shares of GZFX -- 650,000 of them at .0065 YEA BABY. HOLD HOLD HOLD good luck everyone ---PIG!
Posts: 33 | Registered: Nov 2003
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quote:Originally posted by iOWNstocks: do you mean by 3 sells and 3 buys only? or just 3 buys and sell total.
lol, ONCE AGAIN, I emphasize the need for these questions to be answered ALL on ONE reference thread. "WE" ie, those of us who believe that transferring knowledge is in our own best interest, have answered these SAME questions ...OVER & OVER & OVER...
plus, other knowledge that only better traders have won have also been posted many times.
WHY DO WE INVENT THE WHEEL...
over & over & over...?
Yikes--could not get the "newbie forum" I wanted--perhaps these "newbie" questions could be answered-----like a Reference Book---on Explorer's thread/forum
* how scan for plays?
* what' s the obvious scams?
* who are the obvious troublemakers?
* how read a chart?
WHY is that info NOT on readily accessible thread/forum?
Diana's post (reality inc) is FAMOUS! (if you've been here--doh! go find it, otherwise...)
posted
Honest speculation here, folks, nothing more. I'm a long-termer like some of you.
HYPOTHETICALLY: Suggest that mgmt suspected all along that the CC pilot program was unlikely to be renewed in Jan (for whatever reasons they had determined). It still may have been to their benefit to use the pilot as an advertising venue to provide national exposure.
So in your opinions, could mgmt still find a way to shield investor confidence (i.e. stock price) if the CC deal was a no-go? I'd like to believe "YES", even though I don't at this juncture.
Your opinions appreciated.
KNOw3: I think that any exposure would for sure benefit GZFX. I think that CC would not take on GZFX, knowing in advance, that they were not going to try and put it out in all the stores. If the pilot program went well. Also, putting it out nation wide in their fliers. Makes me think that the deal is already set in stone. I read somewhere that we have over 600 CC stores in the US. Canada has over 600 CC stores.
My question is. Does anyone know if we are in the fliers in Canada and are we to go national up there? I know the CEO said we were looking at Europe but I have not seen anything on Canada.
I will let all know what the Berlin Exchange does later tonight. I play this stock based on it. If I am a betting man. Which I am. I would bet that the Berlin Exchange is up and we will gap in the morning. It's time for us to get back to moving north.
Posts: 675 | Registered: Dec 2005
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posted
There is no Circuit City in Canada. we used ot have RadioShack but they were taken over and changed to "The Source by Circuit City". As for expansion to Canada, listen to the latest webcast they said "no" to canada for now. Jesus people listen to the friggen webcasts and read the friggen 8K about CC deal.
-------------------- If you do your 20's right, You are set for life. Posts: 659 | Registered: Nov 2005
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posted
Ok this really isn't looking good as far as their tech support goes. IMO it's pretty much crap.
I've now been waiting two days with no answers on why my sign up to gameznflix.com didn't work. Nor have I been given any info on how I can resolve the issue or if my credit card will be billed.
Needless to say, I sure as hell hope this isn't how they treat the rest of their customers.
Posts: 462 | From: FL | Registered: Oct 2003
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posted
I got out at .0167 got in at .0115, I am going to get back in when it bottoms/stabalizes, key is timing
Posts: 113 | From: Toronto | Registered: Oct 2005
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posted
Crash: For your info. I did listen to the Web Cast. I must have just missed it. I will go and try it again. Also, why get so uptight? No reason for it at all.
Posts: 675 | Registered: Dec 2005
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1. No where on that Web Cast did they say anything about Canada. Glad to know I am not deaf.
2. More Than 900 Canadian Electronics Stores to Become THE SOURCE BY CIRCUIT CITY RICHMOND, Va. and Barrie, ONTARIO, April 27, 2005 /PRNewswire-FirstCall via COMTEX/ -- Circuit City Stores, Inc. and InterTAN Canada Ltd. today announced that on or before June 30, 2005, all stores currently operated by InterTAN Canada Ltd. under license from RadioShack Corporation will be re-branded as THE SOURCE BY CIRCUIT CITY. The introduction of THE SOURCE BY CIRCUIT CITY stores begins today with the unveiling of the Toronto Eaton Centre location.
"Ninety percent of all Canadians live within a 10-minute drive to one of our locations. By June 30, THE SOURCE BY CIRCUIT CITY will have the same national coverage," said Brian Levy, president and chief executive officer of InterTAN Canada Ltd. "Customers will continue to see quality, national and international electronics brands as well as an emphasis on personal and portable devices."
THE SOURCE BY CIRCUIT CITY will be the local destination for personal electronics such as MP3 players, digital cameras, LCD TVs and a broad selection of personal and portable consumer electronics. THE SOURCE BY CIRCUIT CITY will also offer a diverse mix of communication, computer and household electronic products.
The Eaton Centre store in Toronto is the first location to be re-branded THE SOURCE BY CIRCUIT CITY and will be followed by other locations in the Greater Toronto Area and other major markets. The introduction of THE SOURCE BY CIRCUIT CITY will be supported by a major advertising campaign featuring television and radio commercials as well as print and outdoor advertising.
The company also released a copy of the mark for THE SOURCE BY CIRCUIT CITY.
About THE SOURCE BY CIRCUIT CITY. THE SOURCE BY CIRCUIT CITY (http://www.thesourcecc.com) is operated by InterTAN Canada Ltd., an indirectly owned subsidiary of Circuit City Stores, Inc. Building on InterTAN Canada Ltd.'s more than 30 years of experience as an electronics retailer, THE SOURCE BY CIRCUIT CITY will have more than 900 locations nationwide by June 30, 2005. All stores will offer a wide range of brand name consumer electronics including communications, computing, personal audio and cool gadgets. ----------------------------------------------- About Circuit City Stores, Inc. Circuit City Stores, Inc. (NYSE: CC) is a leading specialty retailer of consumer electronics throughout the United States and Canada. The company's domestic segment operates through 612 Superstores and five mall-based stores in the United States. The company's international segment operates through approximately 1,000 retail stores, dealers and other outlets in Canada. ------------------------------------------------
posted
Lol sorry TAPE its jsut so many people ask so amny repeated questions, and i figured some people change their aliases and ask the same questions jsut so people see them again and then get hyped and buy.
and the reason im so uptight: DID U SEE TODAY!? have a good one sorry buddy.
-------------------- If you do your 20's right, You are set for life. Posts: 659 | Registered: Nov 2005
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posted
Tape listen to the older webcast. its the one before the one u listened to (its at the end where they do a question and answer period, u gotta listen carefully) and i told you there was Source by circuit city stores in canada...so why the post. I was jsut telling you not to call them Circuit City.
-------------------- If you do your 20's right, You are set for life. Posts: 659 | Registered: Nov 2005
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posted
I myself did not see nothing wrong with Thursday. Just ask my wife. I was so POD I was storming all around the house. Threw my glasses several times. I was highly upset. To me MM ARCA is our major problem. I watch this stock from the open to the close. All the MM action etc etc. I will check out the 1st Web Cast. It makes no since to me why we would try getting into Europe before Canada. I do not understand this. But will have to just wait and see what happens. Let me go and see what is going on with the Berlin Exchange. Thursday it closed down 28.57.
Posts: 675 | Registered: Dec 2005
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posted
Good news early out of Europe on GZFX. The Berlin Exchange opened at 3 AM EST and GZFX is up 20%. I just hope we can add on to that and not give it all up. Will keep you all informed.
Posts: 675 | Registered: Dec 2005
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-------------------- thanks to all GZFX panic seller!!! Take a look at CWFG....did I mention ITGJ ? Posts: 216 | From: my mother!! | Registered: Nov 2005
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posted
BE at 6:13 has GZFX up 30%. It has been running close to our trading day. But they still have about 5 hrs of trading in Berlin.
Posts: 675 | Registered: Dec 2005
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posted
If we can move 30% today. It would get us back to .0170. That would be a nice start for a bigger and better week next week. All we need now is a real good PR before the open. Let you know if it changes anymore.
Posts: 675 | Registered: Dec 2005
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quote:Originally posted by Tape worm: If we can move 30% today. It would get us back to .0170. That would be a nice start for a bigger and better week next week. All we need now is a real good PR before the open. Let you know if it changes anymore.
hey tape,what did you get in at?
Posts: 1077 | Registered: Sep 2005
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posted
Carpunky is correct no ONE can predict what trick the company, MM's or anyone is going to do.
Gotta play the momentum. I got out Monday and back in yesterday at .0124 with $5K, RISKING IT yes, everything in Pennyland is risky, I mean this can go down to .008 or close at .0169 as I predicted yesterday. No one knows I go in yesterday, because I feel (gut feeling) that it was a major shake BIG Shake, you can do what you want with your money, it's just my call. I do have a sell ready in case we go below .012. Hopefully not or else I would have not gotten in.
I still feel 0950 will be the low we will see for the month of December, I have $5K riding on it.
Originally posted by carpunky: Hello, I just wanted to make a public apology. I started watching this forum around 11- 15- 2005
-------------------- Looking for easy cash, I work for cash Posts: 469 | From: Michigan | Registered: Oct 2005
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posted
At 8:15 AM EST. The BE is bouncing around between up 20% to 30%.
Iwearpro I got in at .0104 the first time and then got some more at .016. I have flipped this stock 5 times now. One time I got burned good and 4 times I increased my share count. Trying to flip can and is very dangerious. I follow the Berlin Exchange (BE) on how I will trade for the day. If we follow the BE today here in the US. I figure we will be around .017. The BE has about one and a half hrs of trading left. Will keep my eye on it. Also, will let you all know. Hoping for the best for all of us. Hoping for news also before the open.
Posts: 675 | Registered: Dec 2005
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posted
Can anyone tell me if this is gapping up or down since close yesterday? I put in buy order yesterday after the bell at .0129.
Posts: 725 | From: litte rock AR | Registered: Oct 2005
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posted
Right now we have 2 MM's on the ask at .031, 1 at .034 and the rest are .0135 and higher. One on the bid at .0130. IMO this is going to gap up to between .0135 to .014 for the open.
Also, the BE is now running at 30% and looks like it might go higher.
Posts: 675 | Registered: Dec 2005
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have a good one sorry buddy.
