posted
Did you guys notice the company dumped 175Million shares between it's last 2 10QSB's? I wonder how many shares they dumped between the last one two months ago and now. The AS is 4 BILLION shares! The reason the share price has not gone up the way you want it to is because the company is dilluting. market Cap goes up and the share price stays the same. Be careful with this one. If the company was selling shares at .0025, then they are definately selling more now.
quote:Originally posted by Crath: IMHO regarding GZFX
Worst case scenario:
We float around .005-.008 until Nov 1st with volume decreasing day by day until the pilot starts, then you can expect this to goto at least .02
Best case scenario:
Back-up PR is released and we see another run like the previous one close to .02 and upwards until Nov 1st when things really kick in.
Definites:
By January 1st this stock will be at .02-.05. Thats a given.
These are the kind of posts that I detest. Your worst case scenario is .02 by November and it is definite that it will be between .02/.05 by January. I'm assuming then that you are taking every last nickel you can get your hands on and throwing it into this one as it is a sure thing, right? Can you supply a single fact to support your statements?
The fact is, this is a very risky play. The stock ran on hype and as I posted the other day, it's now a good daytrade. Looking at it long term could be deadly. They've got a billion shares outstanding, they've got some plain awful debentures out that if they were converted at todays prices would add another 4 billion to the float, and this Circuit City program is a test for which I'm sure GZFX is fronting the bulk of the cost. If it doesn't go well, hello .000X.
Play this one smart and recognize the fact that it could go south at a moments notice, take decent profits when you can and make sure to cut your losses if necessary.
No one has any factual information to say where this stock is going, but all circumstantial facts point upwards. GZFX is not a scam like many other pennies. Circuit City is no joke. They don't take in companies that have no chance of success.
One thing most people don't understand is that this stock will not have a "rebound" day tomorrow or any other day unless GZFX releases news or financial statements showing some success in it's business. I think its fair and factual to say that the CC deal can only make this stock go up. It certainly is not a scam.
As far as the billions in float:
What about the 300% it went up when news was released????
The billions of os are not a factor if this thing gets momentum as it's already been proven. ARCA and VFIN can naked short/dump or do whatever they are doing, but if the general public wants this thing to go up it will again.
sorry to rain on the parade, but it wasnt the general public who wanted the shares...it was 2 groups and DTs.
IP: Logged |
quote:Originally posted by Crath: IMHO regarding GZFX
Worst case scenario:
We float around .005-.008 until Nov 1st with volume decreasing day by day until the pilot starts, then you can expect this to goto at least .02
Best case scenario:
Back-up PR is released and we see another run like the previous one close to .02 and upwards until Nov 1st when things really kick in.
Definites:
By January 1st this stock will be at .02-.05. Thats a given.
These are the kind of posts that I detest. Your worst case scenario is .02 by November and it is definite that it will be between .02/.05 by January. I'm assuming then that you are taking every last nickel you can get your hands on and throwing it into this one as it is a sure thing, right? Can you supply a single fact to support your statements?
The fact is, this is a very risky play. The stock ran on hype and as I posted the other day, it's now a good daytrade. Looking at it long term could be deadly. They've got a billion shares outstanding, they've got some plain awful debentures out that if they were converted at todays prices would add another 4 billion to the float, and this Circuit City program is a test for which I'm sure GZFX is fronting the bulk of the cost. If it doesn't go well, hello .000X.
Play this one smart and recognize the fact that it could go south at a moments notice, take decent profits when you can and make sure to cut your losses if necessary.
No one has any factual information to say where this stock is going, but all circumstantial facts point upwards. GZFX is not a scam like many other pennies. Circuit City is no joke. They don't take in companies that have no chance of success.
One thing most people don't understand is that this stock will not have a "rebound" day tomorrow or any other day unless GZFX releases news or financial statements showing some success in it's business. I think its fair and factual to say that the CC deal can only make this stock go up. It certainly is not a scam.
As far as the billions in float:
What about the 300% it went up when news was released????
The billions of os are not a factor if this thing gets momentum as it's already been proven. ARCA and VFIN can naked short/dump or do whatever they are doing, but if the general public wants this thing to go up it will again.
Look, I'm not saying this is a scam but it's certainly not a no brainer either. If you read the 8K, it's a no lose proposition for Circuit City while GZFX could get killed if it goes bad. GZFX is paying for all of the promotional material, handouts, inserts, store displays etc. while Circuit City is putting up a link on their web site. In addition to that, GZFX pays Circuit City an undisclosed sum for every sign up. I watched the stock all day today and a good trader could have swung about 13%, in my opinion that is how this should be played. Right now at least it's not a buy and hold. The last thing you want is to be holding this stock and have Circuit City pull the plug, it's dead then. My advice for what it's worth is to swing it between 5 and 8 or wherever it establishes itself and don't go long unless news of the national roll out breaks. You might have to chase it a bit but with that kind of news you should have ample opportunity to get in at a decent price. Even then, their share structure will have to be addressed, if they've got some 5 billion shares out there there's going to have to be a reverse at some point if the company is to move forward. Money, good money, can be made here but play it smart.
IP: Logged |
quote:Originally posted by Crath: IMHO regarding GZFX
Worst case scenario:
We float around .005-.008 until Nov 1st with volume decreasing day by day until the pilot starts, then you can expect this to goto at least .02
Best case scenario:
Back-up PR is released and we see another run like the previous one close to .02 and upwards until Nov 1st when things really kick in.
Definites:
By January 1st this stock will be at .02-.05. Thats a given.
These are the kind of posts that I detest. Your worst case scenario is .02 by November and it is definite that it will be between .02/.05 by January. I'm assuming then that you are taking every last nickel you can get your hands on and throwing it into this one as it is a sure thing, right? Can you supply a single fact to support your statements?
The fact is, this is a very risky play. The stock ran on hype and as I posted the other day, it's now a good daytrade. Looking at it long term could be deadly. They've got a billion shares outstanding, they've got some plain awful debentures out that if they were converted at todays prices would add another 4 billion to the float, and this Circuit City program is a test for which I'm sure GZFX is fronting the bulk of the cost. If it doesn't go well, hello .000X.
Play this one smart and recognize the fact that it could go south at a moments notice, take decent profits when you can and make sure to cut your losses if necessary.
No one has any factual information to say where this stock is going, but all circumstantial facts point upwards. GZFX is not a scam like many other pennies. Circuit City is no joke. They don't take in companies that have no chance of success.
One thing most people don't understand is that this stock will not have a "rebound" day tomorrow or any other day unless GZFX releases news or financial statements showing some success in it's business. I think its fair and factual to say that the CC deal can only make this stock go up. It certainly is not a scam.
As far as the billions in float:
What about the 300% it went up when news was released????
The billions of os are not a factor if this thing gets momentum as it's already been proven. ARCA and VFIN can naked short/dump or do whatever they are doing, but if the general public wants this thing to go up it will again.
Look, I'm not saying this is a scam but it's certainly not a no brainer either. If you read the 8K, it's a no lose proposition for Circuit City while GZFX could get killed if it goes bad. GZFX is paying for all of the promotional material, handouts, inserts, store displays etc. while Circuit City is putting up a link on their web site. In addition to that, GZFX pays Circuit City an undisclosed sum for every sign up. I watched the stock all day today and a good trader could have swung about 13%, in my opinion that is how this should be played. Right now at least it's not a buy and hold. The last thing you want is to be holding this stock and have Circuit City pull the plug, it's dead then. My advice for what it's worth is to swing it between 5 and 8 or wherever it establishes itself and don't go long unless news of the national roll out breaks. You might have to chase it a bit but with that kind of news you should have ample opportunity to get in at a decent price. Even then, their share structure will have to be addressed, if they've got some 5 billion shares out there there's going to have to be a reverse at some point if the company is to move forward. Money, good money, can be made here but play it smart.
Where do you get off posting this stuff?? In your last post you said that GZFX "may be" paying for all the CC promotion and there "may be" 4 million OS shares. Now your saying that there is 5 billion and that GZFX IS paying for everything.
I'm not saying your a paid basher, but you sure are bashing with unfounded info.
This stock is impossible for a day trader to play and it IS in fact one of the only good penny stock long plays.
I really don't know what your motives are.
IP: Logged |
posted
You guys are hi. The company is selling you shares out of the company reserve. It is called DILUTION!. It is common with sub pennies. It is how they make money.
posted
Im sick of the price just floating. I wish it would either just go up and make me $$$ or fall so I can buy more cheaper to make more money later!!!
IP: Logged |
quote:This stock is impossible for a day trader to play
That's untrue - yesterday it swung down to .0056 and went as high as mid 7's - right now it just went from .0064 to .0059 and will probably head up to high 6's again - Or it will take a dive.
At least 2 times today this stock will be in the 5 - 6 range.
This has been in play by daytraders after the dump last week.
I am not saying to hold it or sell it - if you're averaged in at less than .006 - Good.
But take your profits when it goes to mid 7's and 8's and higher.
You can always buy it back - just wait for the dip. CC doesn't start using GZFX until Nov 1 - today is the 11th of October.
quote:Where do you get off posting this stuff?? In your last post you said that GZFX "may be" paying for all the CC promotion and there "may be" 4 million OS shares. Now your saying that there is 5 billion and that GZFX IS paying for everything.
I'm not saying your a paid basher, but you sure are bashing with unfounded info.
This stock is impossible for a day trader to play and it IS in fact one of the only good penny stock long plays.
I really don't know what your motives are.
My motives are the same as yours, to make money although in an entirely different manner. In my opinion, yours entails much greater risk. Here's a link to the 8K detailing the CC agreement and the costs borne by each party, please tell me where I misinterpreted it:
"As of June 30, 2005, the Company had 925,001,665 shares of common stock issued and outstanding."
And this part:
"(g)Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of July 29, 2005 of $0.01:"
You'll have to click the link to see the conversion table, it won't copy here without garbling up this page but you'll see where my additional 4 billion figure comes from. Those are the reasons I believe this stock is much too risky to play long term.
Lastly, I cannot understand your statement that this is impossible to daytrade. Yesterday, in mid morning, sales went through at .0057. By mid afternoon you could have sold easily at .0066, possibly .0068. That's anywhere from 16 - 19%. That's a daytraders dream
IP: Logged |
Rochester NY Victor Portland ME South Portland Syracuse NY Utica Mini Syracuse NY Carousel Center Buffalo NY Cheektowaga Buffalo NY Amherst Buffalo NY Hamburg Micro Rochester NY Greece Rochester NY Henrietta Nashville TN Cool Springs Richmond VA Short Pump Boston MA Saugus Bangor ME Bangor Erie PA Erie Boston MA Concord Boston MA Danvers Boston MA Portsmouth
posted
It didn't turn out so bad today, were even, nflx is down, and cc is up. This thing is going to purrrrr when we get some good news soon!!!
IP: Logged |
quote:Originally posted by saleencobra: It didn't turn out so bad today, were even, nflx is down, and cc is up. This thing is going to purrrrr when we get some good news soon!!!
What news are you expecting? IMO there isn't anything to expect.
-------------------- All of my posts are only my opinions unless otherwise stated. With that said let's make some money
IP: Logged |
quote:Originally posted by johnny14511: IMAGINE WHEN WWW.CIRCUITCITY.COM OFFERS IT ONLINE
THINK ABOUT IT WHAT IF THEY DO
That's a part of the program. This is from the 8K:
2. The Offers. Circuit City will promote the Services through two separate in-store offers and on the Circuit City Website (the Promotional Offers"). Each Promotional Offer will contain a unique code that will identify the customer as having originated from Circuit City(a "Circuit City Customer").
IP: Logged |
posted
They are already offered online, but I do see your point! Adding another outlet and discounts to those who shop online! The lady on the home page for GAMEZ N FLIX website looks about like what I am going to look like when this thing takes off like a rocket!
IP: Logged |
posted
I still think it will test mid 4's - might want to wait a bit. Gzfx has potential but unless another PR comes out b4 December this puppy could be a sleeper
posted
71 seemsto be the 1st ceiling level then nest stops appears to be 80 charts get messed up with "fat fingers" making them a little harder to read. lol
posted
I spent a good ten years of my life advertising web entertainment vendors online. Some of them paid out as much as 60-80% of their profits to us just to get more sales. And they were very successful. Why? Because their expenses were the same regardless of how many subscribers they had. GZFX just needs more subscribers and when they hit Circuity City they're going to explode with the new idea. I had never even heard of the company until posts starting flaring over the increase in the stock price. It's a very good idea and them getting together will bring a lot of success. Even just a simple link in Circuit City's website is going to more than double the subscribers. I can only imagine what in-store advertising will do. This is definitely going to profit GZFX a lot. And on the other side of things, Circuit City has no reason to dump the idea. Their chance of loss is 0 if they don't pay for any of the advertising. Advertising on the website is free to begin with. Both sides will win.
IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
