Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yep, the EUR/USD bounced of the ascending trendline on the daily chart.. Very strong move.
There is still some concern over a possible head and shoulders pattern on the monthly chart but my gut is telling me there is just too much strength here.
That news kind of holds with my opinion that the euro is going up.. Last night the EUR/USD held and bounced off of a major trendline... should see a good bit of strength from here... hopefully.
Simplegreen, the volume is so low that even though there are more buyers than sellers... the price was slipping away..
Sometimes the ratio itself just isn't enough.. sometimes.. especially in a stock with a 4billion OS, it's the massive volume that makes it move.
Now, with that said, it really would appear that GZFX is about to enjoy a new move up in share price... with that will come witless rumors and annoying hype.. and with that will come volume...
Might not see a penny.. but just maybe it will.
Alot of it depends on the hype machine that was in play after the CC agreement announcement back in late 05.
oh.. sorry, thought you meant the three previos posts that were deleted.
yeah give me a couple minutes to annotate a chart.. hopefully these posts won't get deleted like the others.. I edited nothing.
The current price trend suggests that a year from now the price might very well be a dime.. Granted, a few pops along the way.
Pennies are for trading... not holding, but best of luck to you.
Many.. if not most other boards don't really like this stock.. they think it is a share selling scam.
Infact I think this is the only board that still promotes it..
Not suprising your signature would get you deleted.
Tina, I do believe it would be a bit unethical to intentionally attract new investors into this downtrending stock.
All the bickering is an honest representation of just what is going on with this stock.
what are you babbling about?
Who said anything about putting JF in jail?
Can't put the man in jail for running a company with below average service.
The problem isn't so predominant that it would affect service for either GZFX or netflix customers...
Of people aren't getting their movies then it is GZFX's fault.
Well June is not over yet... It might not mean anything that we aren't getting reports of new stores being added.
I'll revise my estimate...
.003 seems more likely once all the factors are considered.
Sometimes.. sometimes it slowly trends up.. depends on what is expected...
the laws of supply/demand control it... it is obvious there is no volume.. no demand side bias to make the price go up.. therefore the price slips slips away...
sad no one warned shareholders about this eventuality...
freto, anyone with a brain knows it was a fat finger entry... Attempting to spin it as anything else is probably criminal...
Please continue.
doesn't matter if it was a buy or a sell.. it was a fat finger entry.. meaning the buy or sell went through at the real price but when reported, there was an error on the input side.. this happens frequently in micro cap stocks... there's alot of zeros.. sometimes the guy typing misses one..
What is quite funny to watch is how the spinsters try to angle every fat finger as an obvious sign that blue skies lie ahead...
I think Ataglance whatches them.. I tend to avoid all of those services.
Dollar strengthens on speculation surrounding North Korean missile test
Jun 19 3:04 PM US/Eastern
Email this story
The dollar firmed against major currencies on speculation that North Korea was about to test-launch a long-range missile.
The euro in late-day trade was at 1.2569 dollars after 1.2642 dollars late Friday in New York. The dollar was meanwhile trading at 115.36 yen against 115.17 on Friday.
An unnamed US official told the New York Times on Sunday that North Korea had completed fuelling its Taepodong 2 missile, which is seen as a critical step in the preparations for a test launch.
The report prompted a flurry of diplomatic action, with Japan's Prime Minister Junichiro Koizumi warning that Tokyo would take "stern measures" against any launch, while the United States said it would consider new sanctions on Pyongyang.
"This has created an element of geopolitical risk, which is ostensibly bad for the yen," said Neil Mackinnon, chief economist at ECU Group.
The dollar was already being supported against its major competitors by mounting expectations that the US Federal Reserve has at least two more rate hikes to deliver before it brings its tightening cycle to a halt.
Some analysts say there is now a greater than 60 percent chance that the Federal Reserve will raise its Fed funds rate a quarter point at its meetings in June and August, which would take it up to 5.50 percent.
In a speech Monday Fed rate-setter Jack Guynn is expected to echo the recent hawkish commentary coming out of the central bank.
But analysts said any repeat of recent Fed comments was unlikely to make much of an impression, since the markets are already pricing in two more hikes.
The US currency has been under pressure for much of this year, partly because of interest rate factors and structural considerations surrounding the US current account deficit, which accounts for about 6.0 percent of the country's GDP.
But the currency has recently gained support from the market's reduced appetite for risk, most evident in the slide in stock markets and commodity prices. Fixed-income issues and the US currency have gained because they are seen as less risky assets than equities and commodities.
"Risk reduction is not yet complete, and the uncertainty surrounding the transitory nature of US inflation and the Fed's effort to defend its credibility will prevent investors from re-establishing risky positions," said Stephen Jen, currency strategist at Morgan Stanley.
Elsewhere, the pound will be in focus, at least in the first half of the week ahead of Wednesday's release of the Bank of England's most recent rate-setting meeting.
While most analysts expect the Monetary Policy Committee to have voted 7-1 in favor of keeping the key repo rate unchanged at 4.50 percent for the tenth month running, they anticipate the commentary to be more hawkish.
The euro was changing hands at 1.2569 dollars against 1.2642 on Friday, 144.97 yen (145.62), 0.6835 pounds (0.6832) and 1.5615 Swiss francs (1.5567).
The dollar stood at 115.36 yen (115.17) and 1.2425 Swiss francs (1.2311).
The pound was being traded at 1.8386 dollars (1.8500).
On the London Bullion Market, the price of an ounce of gold fell to 571 dollars per ounce from 574 dollars late on Friday.
Ataglance likes the yen crosses as well.. I just can't really get a feel for them like I have the euro crosses.
LOL.. you know me man.. just trying to help where I can...
no one did wick.. I was just noting how nice it is that they are.. top notch that is..
lol, sorry wick.. couple of weeks..
So we can quote you then that GZFX will have one million titles by next week?
Sure is nice to have unbiased mods around here..
Yesterday the link said 30,000.. spectacular since GZFX has been advertising they had 40,000 since before January..
Attention to detail has just shown that CC really doesn't care.
Quite a few
I Have no interest in talking to him..
Wick maybe you can answer the question.. was the schedule changed?
how can you possibly be dim witted enough to even bother arguing the point?
yep.. pretty much anyone but you agent..
CC and GZFX have changes scedules since the inception of this arrangement.. from the rollout date to how the rollout would happen.. for you to say this has not happened is moronic at best...
Ok could I get a reply from someone with a brain?
How do you know agent?
Ummm, how are they paying more attention to GZFX than before..
The evidence you bring forth has been there for six or seven months...
They have changed the schedule on quite a few occasions.. maybe they changed it again...
Have any of the June stores been seen with GZFX in them?... Any?
US ON ASIAN FX Treasury officials have signaled
that the US would not fight efforts to create an Asian
currency unit. US officials said the move is intended
to show that the US does not fear greater monetary
co-operation between Asia's rising economic powers
and wants to play a constructive role in helping to
shape it. Washington's support is critical for Japan,
which has been pushing the idea of an Asian
currency unit loosely modeled on the euro.
Nonetheless, formidable obstacles remain to the
creation of an Asian currency unit, with Asian
countries unable to agree on weightings or on the
inclusion of Taiwan, the US decision and the broader
evolution of US Asia policy it represents may in time
be seen as highly significant.
OHHHH is that what it is.. lol
More like the calm before the silence.
[FED BAKING AUGUST RATE HIKE?] US short rates are the highest among G7 and likely to remain so, with a June Fed hike baked in the cake and another seen in the oven for August. But does the Fed mean to look that hawkish?
This place is dead slow lately..
No rocket talk?
No to da moon babble?
I guess it really is over...
You never say that, cimi.. you just go on and on about Bush.. Bush ruined the whole country.. bla bla bla..
Why the hell would I waste the time to structure anything directed towards you?..
I know your answer before you type it.