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abh3vt,
Excellent questions !
The purpose of the call was to get the reason(s) for the CEO(s) departure.
Both Hawk and Roy did not have a concrete answer. This is another reason why I will not buy until much lower levels.
They told me that the most recent CEO was not performing to the Chinese standards ? Anyway, seems suspect to me. When pressed, they did not have any details. Hawk really has no idea.
Per the float question. This is the most up to date that is known. Looking at the trading activity, someone is selling.
CHID - OTC BB
Closing Price (04/03/06): $0.55
52 Week Range*: $0.31 - $1.87
Market Capitalization: $30 mil.
Basic Shares: 54.5 mil.
Diluted Shares: 54.6 mil.
Average Daily Trading: 606,375
Estimated Public Float: 19.1 mil.
FY '05 Revenue: $12.7 mil.
FY '05 Net Income: $2.7 mil.
FY '05 EPS: $0.05
Total Assets (12/31/05): $7.3 mil.
Total Liabilities (12/31/05): $1.4 mil.
Insider Ownership: 65%
Fiscal Year End: Dec. 31
The plan is to let it come down to where it was pre runup.
After speaking with Roy Tang about CHID, the volume makes more sense.
The original funding for CHID came from a group of individuals that got in around 5 cents per share.
The restrictions for selling were recently lifted.
You cannot blame them for selling at 10 times their money !
The other x factor is the terms of the future deals. Acquisition verbage can make or break price action in a pps. We will have to see when it all hits the bottom line.
If this is the case with the PP people selling, the price should retrace. I will patiently wait for an entry.
imo.
Started a position yesterday in GSHF.
Will be adding to it this morning.
This is a nice play, imo.
http://www.greenshift.com/whoweare.php?mode=1
GreenShift Corporation (OTC Bulletin Board: GSHF) is a publicly traded business development company whose mission is to develop and support clean technologies and companies that facilitate the efficient use of natural resources and catalyze transformational environmental gains.
GreenShift’s portfolio includes operating companies with combined annualized revenues of about $30 million and exclusive rights to over a dozen proprietary clean technologies.
Company
» Enviro-Sciences Corporation Environmental Engineering & Management Services
» Veridium Corporation(VRDM.ob) Industrial Design & Technology Transfer Services
» INSEQ Corporation(INSQ.ob) Manufacturing, Green Products & Recycling Services
» Mean Green BioFuels Corporation BioFuels Production & Sales
» Sterling Planet, Inc. Renewable Energy Sales
» TerraPass, Inc. Renewable Energy Sales
» General Hydrogen, Inc. Fuel Cell Technologies & Products
» General Ultrasonics Corporation Clean Energy Technologies
» Aerogel Composites, Inc. Clean Energy & Emissions Control Technologies
» Ovation Products Corporation Water Purification Technologies & Products
Brytex, to answer your question.
It may not all show this Q, but the public knows it is probably out there now. So what is the difference. JF thinks he is slick to do this the last day of the Quarter.
PRELIMINARY PROSPECTUS SUBJECT TO COMPLETION, DATED MARCH 30, 2006
GAMEZNFLIX, INC.
5,836,435,851 SHARES OF
COMMON STOCK
This prospectus relates to the resale by the selling stockholder of up to 5,836,435,851 shares of our common stock, including up to 5,816,096,751 shares of common stock underlying convertible debentures
Even 3.2 to 4 billion and adding is still way too much. You are correct, it can only show a maximum of what they had Authorized at the time. But maxing this number out and asking for more is ridiculous ! People read the filings and are not fooled by this shell game.
Authorizing billions, reverse split and repeat.
They ADDED 2 BILLION to the O/S's last Quarter. This Quarter, they maxed out all they could per the A/S's. Then they got greedy and made the pot 25 Billion shares.
So now the public expects more O/S's each Q. No wonder the price is headed in the wrong direction.
That is why the Q will always spark a selloff. Low sub count and billions of shares is not a healthy combination.
It is not for a deal with CC. JF timed the filing so that he could SELL into the CC news for GZFX cash. Just like he has always done. The double PR.
JF could have waited a day or so and shareholders could have been rewarded by CC news. But no, JF sold into the news and made the 25 Billion shares public just before the CC news. He halted the rally 2 fold. By the share count news and then selling for cash.
Tell me that you think the 1.3 billion day on CC news had nothing to do with GZFX and GG.
Brytex, you are smarter than this.
Direct the anger towards management and not other board members.
All imo.
Great, just heard Fuc$ 6 times in 34 seconds on the GnF network. Maybe they should have kept the DVDAvenue adult movie deal too. Great for the family marketing plan they are after.
Seems like money well spent yet again ! haha. And some still question why we are heading sub penny without major news.
Imagine if you all knew how much they paid for the VOD deal. It would make you very angry.
They paid $ 67,335.00 as stated on the site disclaimer to be on Wallstreet.net. Viewers have to sign up to even see the interviews. A hidden site that is rarely viewed. $ 67,335.00 on Wallstreet.net alone. Ask them how much for e-golf.
VOD cost shareholders a fortune so that the CEO and President could say they have rights to some suspect satellite channels that nobody even watches.
Point is that GZFX cost per subscriber is much higher than you think. They spend your money without thought.
Step up and complain to them instead of bashing posters on here. It is your money !
Huge letdown, AGAIN, on turning on the satellite channel. Nice work, John.
Maybe John will blame the channel on the flippers !
imo.
paidinfull, excellent string of posts !!
Agent, investwize, unknown_factor, mikeisme,
Some are just bitter that others make all the money.
They have pumped from the beginning. Each day is the bottom. Each day it will reverse. Every post is a pump. Who hires these people ? Not GZFX, they turn away quality board members.
The best traders adjust. TA and up to date analysis is important. It can only fall so far each day. An uptick is not a reversal.
Hoping and dreaming for a fluffy PR is just gambling.
In fact, with the 20% I just saved, even a 10% pop on a PR would still place Agent and others in the Red. Get it.
The worst kind for a board are those that present only one side and pump all day.
These are the kind that LOSE you money.
all imo.
Got the website dead on and then AAFES postponed. Ask JF about that. You see it on the website. JF has his own timing in mind. And I do not trust his instincts with timing.
Sentinel, the market is showing that AAFES is not that big of a deal. They decide. We can adjust. People already know it is a done deal, so no surprise pop anymore.
What changed my sentiment is all the sellers lined up for the news. And GZFX is also lined up to sell. Time value of money is also important with investing. You know that.
JF knows that after AAFES, there is no expected news. So go figure why he is holding it.
I was kind enough to tell you to get out as sub penny was coming. And that was ABOVE 1.2's.
Some people never learn to adjust. Have to play the cards that are dealt. New posts came after the one below. Information changes. Take the blinders off !
Listen next time and save some money.
So catch the knife if you wish.
Who would hold into earnings knowing what is coming ?
all imo.
The market does not care about AAFES. It is not a name like Circuit City.
AAFES is big, but the market:
A. Knows it is already a done deal per the website and
B. Does not care
The market is always right. They have decided that we go sub penny.
* Refer to my posts following that one, cordially stating a sell.
AAFES may pop some, but sellers will be lined up. imo.
GZFX is several quarters off. So tuck it away or trade it after the Quarterly, imo.
CC and GZFX have been clear that CC will never take an equity stake in GZFX. They are very clear on this topic. Ask them.
Read my past posts on this topic for detailed reasoning.
The timing of the 2 together was JF's way of softening the blow.
The 25 billion will be used for many things, NONE of which have anything to do with an equity deal from CC.
John and Chip are very clear on this. Call them with any questions about it. all imo.
GZFX is selling the shares too ! This is the main issue, Agent.
Who is making all the money here? JF and Chip are. Shareholders funded their mistakes and then got thanked with more shares being authorized and sold to market.
JF could have waited until after the CC news to file the 25 billion. He could have done some dd on DVDAvenue on the front end. So many reasons why we trade at this level. But the main reason is the timing of management.
GZFX spends too much money on e-golf, VOD, race cars, TRAVEL etc. That is the only reason GG remains in the picture.
No matter what they waste money on (superbowl commercial, dell dude, etc. Agent will stick up for them).
And you will rave about them having cash on the Q.
What a joke. imo.
PR dates change. Ask JF about that. And I was cordial enough to post my sell as soon as it did not hit the wire.
So those that sold when I did saved alot of money.
Plus AAFES is also built in. People see it on the website.
And those that hold into the Quarterly are playing the same game as when I told you the 10 K was coming early. imo.
The Growth Premium is certainly already built in.
If not, we would trade closer to .001 based on true valuation.
.01 is an over valued premium that has been placed on GZFX because JF decided to authorize 25 Billion Shares. 4 billion Outstanding and 25 Billion Authorized is ridiculous for a company with hardly any business revenue.
Sure, they will show some cash from selling shares to market. Good for them.
Investors see that GZFX has billions more to pull from to sell for cash and run from GZFX. That number deters even the most speculative of traders from taking the chance. Couple that with lack of trust in management and you know exactly why GZFX is overvalued.
Trust me, plenty of those shares have and will continue to hit the float.
You will see all of this on the Q's to come.
But quit pumping and let's be realistic. There are numerous people holding GZFX that will sell the next news to hit the wire. Even if it is e-golf or VOD fluff.
Any rally is hit by sellers who bought in much higher and want out along with GZFX dumping shares.
CC will not account for many 06 subs. 4 per week is a major stretch. Just ask John and Chip. Call them and ask.
So question JF and Chip, not the posters who present the facts. They created the situation. How long can you stick up for them and pump the price as it falls ?
Please explain why anyone would hold into the earnings filing knowing that it can only hurt the price more ?
all imo.
The posts are in reply to all of the talk that GZFX is "Undervalued" and that each day is the so called "Bottom".
Beware of investwize, unknown_factor and Agent. They pump without backing up the pump of 300k subs with any math.
GZFX is way (OVER)valued at this time both fundamentally and from a TA perspective.
Hold into the Q if you are so confident.
Those that did into the Annual took a Fifty percent hit.
Quit pumping. It can only help the price to be realistic.
Run it with the maximum of 2,500 each month then as GZFX top forecast.
Remember, these people have always Overpromised and Underdelivered.
6,000 + 7.500 = 13,500. My guess is no more than 10,000 this Q.
Still way under sub penny value, imo.
So people need to quit pumping this as it falls.
Xan,
Run a forward PE of 20-50 on 100 k subs.
You get .01 price for GZFX (and that is with NO MORE DILUTION !) You and I both know that the Dilution has continued beyond 3.2 billion. It continues to date.
This is best case formula based on your post for 100k subs.
Just presenting the formulas to back up the post. You cannot hammer a poster for backing up his reasoning with real numbers.
Those that reply must also back up their argument with numbers.
It should clear up the misconception that GZFX is a value from here.
We are way off from reaching 100 k subs. 25 k max this year is a quarter of what you project. So the value also get cut.
All imho, from numbers in the filing by GZFX and Xan's projection.
Sentinel,
I Overestimated the subscriber count at 8,500 and underestimated the Dilution so that you would not whine.
And the real diution will show up for Q's to come. They maxed out last Q per the A/S's of 4 billion and then have been tapping the 25 Billion this quarter.
The filing says 1,000's to 2,500 subs per month.
They had 6,000 subs the last filing. So 8,500 is top range.
Any questions ?
Quickly checking in. Not pretty at all.
Saw an earlier post that explained GZFX value is only .01 at 100,000 subscribers. And this is 4 times the number of subs many predict for the entire year.
Plus GZFX is in the red several months for the cash outlay per subscriber to CC.
Ask yourselves the true valuation of GZFX at current sub levels.
At BEST CASE scenario of 8,500 current subs and more than 4 billion Outstanding Shares (and rising).
People need to quit pumping and run the numbers on this.
Not pretty. The Q will show you much more of what I am getting at.
It is not automatically worth over pre CC announcement levels. There has been more Dilution since then.
You must factor in billions more shares when computing from pre CC levels.
The name CC can only do so much. It is already factored in at this time. AAFES is also known and factored in.
All imho. Tired of reading all of the pumps by Agent and Unknown_factor saying this is the bottom. People have been claiming bottom since 2 cents !
People pumping each day (as price falls) are the worst kind for the board.
You have not seen even close to a bottom until after the Quarterly is filed. You know what type of immediate frenzy of selling happened the last time they filed earnings...
Never bash me for using real numbers and being truthful.
No way I would hold this thing into the Q. And what can possibly make it go up before that hits the wire ?
Made more than 57 % gain within weeks from my initial post here.
Looking to potentially enter again.
Making calls to try and figure out why the CEO left.
Anybody know the reason ?
To Entire Board: Best of luck with GZFX.
Hoping that you get some quality news before the Q hits the wire.
See you after the Q or major news.
BMI
Exactly, PVC ! (*Without quality news), the chart shows us heading .009's within weeks. Or on the Q filing.
It is on the chart, so no reason to bash me if you cannot read TA. The Chartists can confirm this.
So hope for some some quality news. Perhaps some fluff coming at any time. This only helps as a temporary fix. VOD, e-golf, etc.
No way I will hold into the Q. It will show you exactly what I am talking about with the low sub count. And Quarter ended in March.
Without news, support has broken, imo. And I trade on support triggers, always taking the emotion out of the transaction. .012 was the support. It only bounced off it the past few days. Sure, it may bounce up there again. But lower highs and lower lows until big news, imo. And any news can pop it. But sustain is another question.
Perhaps will revisit on the selloff after the Q. I cannot trust that they will not release it early just like the 10K was. And this is the main factor in conserving principal.
No news can pop it enough to make it worthwhile at this time. AAFES is huge, but the market does not know AAFES like it knows CC.
So many great trading opportunities out there with low floats. Too many shares to move GZFX much as evident by the CC announcement. Sure it dinged .0209, but fell all the way back rapidly. No support was ever established that high.all imo. And GZFX has added more to the A/S since that time.
So let's be realistic about the stock price for GZFX. The trade was on the big news. Sure small gains can come with fluffy PR's, but flippers will rush to get out. So many are waiting to get out on the next press release, imo.
The risk absolutely outweighs the rewards before the 10Q.
Good luck and hope for a PR.
Xan,
Chip has alredy factored in CC with the top range of the projections. They knew the deal was coming before announced.
Understand that CC has accounted for much Less subs than expected.
The rollout will take time to ramp up. Sure 2007 will see some improved numbers.
Unrealistic expectations are another reason why GZFX trades at this level.
I suggest that you call Chip & John yourself and discuss this.
25,000 by year end is about right, imo. Call them. But do not bash me for GZFX MANAGEMENT's projected numbers.
Exactly why I do not post much on the board. A discussion has to begin with a set of underlying facts that both sides agree to. The facts are the numbers directly from Chip and John.
Have a good day. Let's try to be realistic moving forward on the board.
Unknown and YankeMike,
The numbers are DIRECTLY from GZFX. How can you blame me? All we have to work with. You project 10 times ABOVE the TOP of their range. Show me with their numbers how it is incorrect ?
No because they take time to rollout and get recognized. That is why I say 2007 and beyond.
25,000 is top end realistic for this year. The numbers are HIGHER than the top of the range that GZFX management gave us. How can we debate that ? JF and Chip would be happy to give us another number if it could be reached.
The numbers include CC already and probably AAFES, imo.
Unrealistic expectations have caused a few selloffs.
unknown_factor, in response to saying 300,000 subs is possible.
Let's assume that the company knows their numbers better than we do. Per the last filing:
6,000 subs
Top end projections in the 2,000's subs per month by GZFX. Lower end is in the 1,000's per month. So I will actually take higher than the top end to show best cased.
* Know that this projection by GZFX INCLUDES CC being factored in
CC has accounted for much less subs during the Pilot Program than expected. You will see this on the next Q. CC does not care because GZFX is a cash cow to them. So anything from GZFX is more profitable than most items on their floor. CC gets immediate cash to the bottom line for a sub.
Let's be very generous and say they can pull off 3,000 subs per month total. CC will take time to rollout and ramp up. So most subs will come in 07 and beyond as the name gets out, imo.
6,000 subs on last filing + 3,000 per month * 12 (way too generous as added some extra months in) = 36,000 + 3,000 = 39,000 best cased scenario this year.
My best guess is 25,000 subs by year end.
Chip HOPES to reach breakeven by year end. This guy has a strong history of Overpromising and Underdelivering.
Perhaps if we are realistic about expectations, people would not sell off as bad on the filings ??
all imo.
Thank you, Already being up a nice percentage, I will take profits if it breaks support (possibly at the bell) and then look to enter again at another level. It all depends on the behavior. Nice trading stock if you can catch it correctly.
Mr. B,
Doing it at this time would be stock suicide !
They must first meet the goals and checklist of uplisting in order to be considered for another exchange. Check out the requirements. GZFX does not meet them.
It must only be done AFTER a profit is reached. The market pays attention to the financials.
Shareholders would not be able to hold the price up with the current balance sheet.
Plus, 99% of R/S's head back down big. Any tick below the R/S price is a loss for those that hold into the R/S. Chart 5 stocks with a successful R/S and get back to me. It takes certain criteria to be successful. Investors run from the thought, UNLESS it involves uplisting.
They must do it in accordance with a filing for the AMEX. If not, those that hold shares will get burned.
JF had better not pull a R/S before being profitable. He already has enough shares for cash. Absolutely no reason to do it now.
Unknown & JT, both quality posts !
Ragsorriches, you asked for some analysis on flippers pertaining to GZFX price. Someone has to buy the float.
Another positive to flippers is that they absorb the new O/S's from GZFX much quicker. By turning over millions of shares, flippers give GZFX their cash much faster. Perhaps if they got the needed cash, then they will quit selling to market. Then we can move higher. Do not forget that JF created the main price ceiling. If lifted, we could move much higher.
Let's not forget that JF chose to time the Nevada filing a few days before the CC announcement. He could have waited a couple days and Authorized much less in order to produce the same result. We would be much higher if not for the timing of JF on multiple occasions. The filings hitting when momentum was at its peak. JF destroyed the rallies.
Give them credit for CC, but understand that the proper PR campaign would have generated enough interest to take us well over 5 cents, imo.
JohnGyver, per the PM, send me your e-mail and I will answer the question.
JF takes the approach, " GZFX against the market", rather than working together to achieve a common goal. With JF and Chip making money regardless, shareholders have been left to fend for themselves. He has not taken care of the many loyal shareholders that have funded his venture. JF created more flippers by extending breakeven many times. His unexpected filings also crushed the trust factor.
Perhaps without any expectations, we can move higher when a PR hits. Hopefully, .012 is a base that we can gradually build on.
It is all in the past. It is what it is. Understanding what happened is also important. Hopefully, JF has learned and we can all make some money.
Gateway_stocks,
It will be great having someone here to trade with.
As you already know, GNBT can be explosive. Was fortunate to get close to the 66% retracement. Had been watching for quite some time.
Will hold it for now as already in the green. It just takes one day for GNBT to fly.
What is your exit plan ?
down2mylastdollar,
I did report that a sell would occur. Read the post below carefully from 4/4. Reporting publicly will not happen very often as it serves little purpose.
Posted by: big_money_insiders
In reply to: jrod who wrote msg# 142679 Date:4/4/2006 7:58:12 PM
Post #of 144898
Agreed & some thoughts.
* disclaimer, I am saying this all while holding a full position. I posted my initial buy, so now feel obligated to follow up on that one last time. This will probably be it for public posting of my position.
When GZFX hits breakeven, (Chip says that he hopes by the end of the year) then the game may change.
Until then, speculative companies with billions of shares and operating at a major loss move on news and/or anticipation of news.
Until then, you will see huge swings. CC was what most were waiting for.
AAFES is most important to GZFX, but public perception of AAFES is less than Circuit City. Too many people are waiting to sell the AAFES news.
I believe AAFES is known by many to be a go. How much is factored in the price remains to be seen. It should happen but JF's timing seems to always be up in the air with dual releases.
Many traders truly fear an early release of the 10Q, imo.
You can see the value of protecting principal with a penny stock. Without news and/or a rebound, money has no reason to funnel into GZFX at this time. And buying is absorbed by the newly released GZFX shares hitting market for cash.
I still hold my shares. The purpose of the e-mail is to say that I will not be holding them if it falls any lower. This may be the last time that I publicly post my position on the board. I felt that this was warranted as many have asked where I currently stand.
After the numerous unique PM's and e-mails, I will also not be posting much on the GZFX board. My opinion will seldom be public. Sure, I may continue to trade GZFX.
This annoucement was a courtesy to the many PM's and e-mails received today. No need to reply and clutter the board.
Best of luck moving forward,
Agent,
Yes, sold at the open. (thank goodness) Holding the .012 was extremely important. It has held so far. No problem buying as long as .012 holds.
Best of luck to you, Agent.
I started a position today in GZFX. Maybe we can get some type of news this week. Good Luck.
-----------------------------------------------
And thank you for the post on the WDPT Board, hopeful1 ! I am not always correct, but the message is appreciated.
O/T
Hello,
I dont post much on any of these boards because I dont have a whole lot of information on any stock and my opinion is just a guess. Anyhow, I have been reading your posts from the GNF board, and it seems that you have been correct on everything youve stated. I feel bad about the way people have treated you on the board. I just wanted to let you know that I appreciate your opinions and have learned from you, I am sure I am not the only one, but at least I admit it :) Don't let a bunch of little kids hiding behind the computer screen run you off. There aren't to many people on here that actually have something to say of unbiased relevance.
Thanks again.
Another quiet board. Added shares yesterday.
Below is a copied post from EliteG.
WDPT.ob - WidePoint Corporation
Sector: Services
Industry: Technical Services
Profile: WidePoint Corporation, through its subsidiaries, provides information technology consulting services primarily to the federal government and commercial sector in the United States. It offers iDentity Management and eAuthentication Services that supports business-to-government, government-to-government, and citizen-to-government secure digital transaction requirements. http://finance.yahoo.com/q/pr?s=WDPT.OB
website: http://www.widepoint.com/
--------------------------------
Fundamentals and News
An excellent earnings report was issued on Monday!
Quote
WidePoint Year-End Revenue up 139% to $13.2M; Company Cites Significant Balance Sheet Improvements, Files for Amex Listing
Monday April 3, 9:40 am ET
Conference Call Scheduled for April 4
http://biz.yahoo.com/iw/060403/0120939.html
Strong growth, Great Balance Sheet and files for AMEX listing! The Conference Call on April 4th was very bullish and now the stock is having a great reaction to it.
Michael listened in to the conferece call.. these are some of his notes about the company:
---------------Michael's Notes-------------------------------
-According to the conference call they expect to announce new distribution alliances in the coming weeks and months
-stellar growth
-struggling to meet existing demand from government agencies(lots of opportunity)
-7 job openings on their website!(growing companies must hire)
-growth is also fuelled by the increased ID theft!
**All DOD ressources and information will be protected with ORC PKI
and all contractors and suppliers will have to acquire the PKI
ORC’s (100% owned subsidiary of WDPT) identity Management and eAuthentication Services have received three major U.S. government certifications. ORC remains the exclusive holder of one such qualification and has near-exclusive status in the others giving the company a substantial competitive advantage when bidding for governmental orders.
ORC was recently awarded a blanket purchase agreement (BPA) from the General Services Administration with a ceiling of $100 million. Under the BPA, ORC may provide digital certificates, credentialing services and managed PKI services to federal agencies, state and local governments, educational institutions, commercial businesses and the general public.
The company’s customers includes U.S. federal government agencies such as the Department of Defense, the Department of Homeland Security, the U.S. Treasury Department and the Department of Justice as well as major transnational corporations such as Boeing Aerospace, Northrup Grumman and several major pharmaceutical companies.
----------End Of Michaels Notes----------------------
Technicals:
The subject says triangle explosion and we have just that. A symmetrical triangle broken to the upsde with large volume and this great fundamental news! Strong support below from the triangle and moving averages(9,20,50) all bunched togeter.
Short-term:
--------------------
Long-term:
------------------------
WDPT is growing and is taking the steps to get listed on AMEX. With support in place from heavy volume and mvg averages.. risk seems limited. When a hot earnings report combines with explosive TA we must act.
We will buy WDPT @ market open
Added yesterday when it hit the 66% fib. This play will be back in a major way, imo. Why such a quiet board ?
Looking alot better today bouncing off the .0117. Buyers may come in if it can hold over the .012. .0125-.013 would even be better as support. More volume is needed.
The positive is that the selling pressure is not here today.
Agreed & some thoughts.
* disclaimer, I am saying this all while holding a full position. I posted my initial buy, so now feel obligated to follow up on that one last time. This will probably be it for public posting of my position.
When GZFX hits breakeven, (Chip says that he hopes by the end of the year) then the game may change.
Until then, speculative companies with billions of shares and operating at a major loss move on news and/or anticipation of news.
Until then, you will see huge swings. CC was what most were waiting for.
AAFES is most important to GZFX, but public perception of AAFES is less than Circuit City. Too many people are waiting to sell the AAFES news.
I believe AAFES is known by many to be a go. How much is factored in the price remains to be seen. It should happen but JF's timing seems to always be up in the air with dual releases.
Many traders truly fear an early release of the 10Q, imo.
You can see the value of protecting principal with a penny stock. Without news and/or a rebound, money has no reason to funnel into GZFX at this time. And buying is absorbed by the newly released GZFX shares hitting market for cash.
I still hold my shares. The purpose of the e-mail is to say that I will not be holding them if it falls any lower. This may be the last time that I publicly post my position on the board. I felt that this was warranted as many have asked where I currently stand.
After the numerous unique PM's and e-mails, I will also not be posting much on the GZFX board. My opinion will seldom be public. Sure, I may continue to trade GZFX.
This annoucement was a courtesy to the many PM's and e-mails received today. No need to reply and clutter the board.
Best of luck moving forward,
SteveNix, excellent and rational post ! It was unbiased.
How much will AAFES move the price ? Many are banking on it, but AAFES is not the household name that Circuit City is. How well will GZFX present this PR. Who knows. We should head higher, but how high is the question ?
No doubt that AAFES is much bigger for GZFX than CC.
The printing of shares, timing of events and lack of trust in GZFX management are the main reasons we trade here, Steve, imo.
Daddycool, so true !
Imagine how many quality posters have moved on due to this guy or girl, Agent.
The second any post is Non-Pump, Agent steps in and bashes the poster. It is his way of diverting from the question at hand. So transparent.
The reality is that traders need to hear both sides to make a decision.
Makes little sense to pump as the price falls.
Disclaimer: Still at 100% position.
legal, excellent post!
You make sense. Many are bitter about losing money with GZFX. They take it out on other people as an outlet. And if some had taken the blinders off, they could be playing with free shares right now. All about keeping an open mind and timing.
I remain 100% in and will not be affected by the emotion and lack of volume today. MM's love this kind of day.
OT: Agent has only 9 member marks since inception with 2474 posts !
This is one every 275 posts.
(Sure looks like you have credibility) haha.
BMI has 85 member marks with only 472 posts.
This is 1 every 5 posts !!!
Find me a better average on I-HUB.
The board has spoken, Agent.
I remain in 100 %. No worries here.
Why are they trying to stir it up for no reason ? Why does the board tolerate it ? This was a place to come to avoid this type of behavior.
Agent and Unknown_factor always trying to make this like RB. I limit my posts due to not wanting them to know what is coming. They are like leaches, attacking any and every post. These guys turn away many quality posters. The board never used to allow it. This board had been self regulating. So many now move on to other forums.
Have they ever contributed anything positive to the board? Just wondering.
Told you news was coming Monday. It did, but the website was nothing to move the pps.
The next release this week will move the pps, imo.
Still here. No worries. They wanted the web PR out first.
See you tomorrow.