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Ok, rocketeers! This thing is gonna go up like crazy! Now is the time to dump all your money in. This thing is legit, you can even use the service. What a great idea this is to have games and movies on one site! I hear they're going to get acquired by blockbuster.....
Whoa, sorry, just a horrible, haunting flashback to 4 years ago...
Apple's rentable movies through itunes is going to take over the Movie rental market. It's a good time to Short Netflix and BB to recoup the losses from GZFX. :)
So what's the best penny stock(s) to invest in at the moment? For the short term.
To the mooon!!!!? I think JF put the thrusters in backwards.
Ask, Xan, Wick and a few of the other veterans if they know me. You're the newbie here, not me.
I'm more of an abused investor than a basher (if there's a difference). I think we're all in the same boat here.
But you're right, i guess I'm wasting my breath on pointing out the fatal flaws of the company because it falls on deaf ears anyway. JF & co. have their own adjenda and will most likely stick to that until the end. The only hope is to flip the stock like Wick has done so well.
What are they building exactly?
The difference is Verizon can afford to take risks on new technologies because they've got the R&D money to do it and revenues to support it. A startup company with little revenues, like gzfx, will surely die if it spends money on "wild ideas" that don't pan out (i.e. Super Bowl Ad, GZFX Channel, Game Channel, Ridge Racer Challenge, ect...)
I own an advertising company and have seen first hand what works and what doesn't for companies like these. I marketed for Netflix, blockbuster, gamefly, and gzfx and have seen the advertising avenues that netflix and gamefly have consistently targeted and pumped more money into. TV wasn't what built netflix's subscriber base. TV is sustaining the brand they already built.
Because they did 100% internet marketing to build their brand. Then when they HAD the money, they ventured into radio (the next logical step in brand building).
The TV network, TV ads, and anything to do with a non-internet campaign is a bad idea and a waste of money. All of JF's ideas are bad. That's why the cost per subscriber is so high and the PPS is so low.
Our only way out of this hole is to keep digging. : }
At this rate, the PPS will be negative and we'll have to come up with money to sell shares.
Is this the bottom? Can we safely buy now? What say you wick?
Great buying opportunity...
That's $762 cost per subscriber. I'd have gladly done it for $500 a subscriber. In fact, they could have paid each subscriber $300 to sign up and still come out with less cost.
Well put.
Wow. What a GREAT point. How on earth did i overlook that important fact? .... Oh, right, the 9 million they spent to get a measly 11,800 subscribers.
Agreed.
LOL. It's funny how a company can spend $7 million in "marketing" and only get $1 million in sales. JF is planning his exit strategy with investors hard earned money by funneling it through his "consultant" friends. A bus tour and game contest? Sounds like a fun perk for the people on the bus. Investing millions in totally unrelated ventures that are completely idiotic and non-profitable? Fraud can't be more obvious. JF bailed on this company a long time ago (if he ever was in it to begin with). It's been "how can I get money out of this before it goes down" lately.
The real question is, who's in for a class action suit against JF for security fraud and imbezzlement?
Amen. I like the hot air baloon idea.
They can release all the PRs they want, but with nothing to back it up they're worthless. They've lost the trust of their shareholders which potential shareholders consult with before buying stock on boards like these.
Until they are successful with one of their hair-brained ideas, they'll never go anywhere.
Netflix grew their subscriber base almost exclusively through online marketing.
I think he's pilfering money out of the company to his "friends" who'll later give him kickbacks for the large contracts he gave them.
This company seemed more intent on artificially boosting the share price through press releases rather than actually making money. I'm embarrased to say I fell for it (because the idea had such great potential).
Get out while there's still time.
I agree Bruce.
This smacks of suspiciously of fraud. They haven't followed through on any project and seem to have abandoned the original model they built the company around.
The superbowl ad was a prime example. They announce they're going to advertise, then ramp it back to only a few cities, then they roll out a pile of garbage.
Time to move on and let this company go bankrupty.
GHLT is on a rally today. It starts with a G too. Does that count a good news? (it's weird to see a penny stock actually go up nowadays)
Well, I was vacationing in the middle east and had a little too much to drink one night and ended up in a turkish prison for the 2nd time in 3 years.... but other than that, I'm doing great!
So when do you think this stock will jump again Wick? I've got a lot of lost ground to cover in a short period of time. When do you expect the next good PR? Do you think there are any investors left who GZFX hasn't screwed over?
I leave for a measly 6 months and you guys let the stock go to the toilet? Who's manning this ship anyway? Oh, right, JF is.
Percentages aren't very telling. If they have 250 signups all month, and get 500, it's a 100% increase, but weak at best.
Strange... Why not just keep the contract as is then? Why even bother extending if it is working so great?
So if things were going in the right direction, why not just come out and say it?
Everyone would benefit from it.
You don't usually change a contract unless there are problems.
lol. I bet the campaign went poorly and GZFX begged to extend since reporting bad news now would be fatal...
There's a reason NFLX stopped marketing there...
Smoke 'em if you've got 'em boys... we're goin' down.
Xan,
Here's this PR about netflix and circuit city:
http://www.netflix.com/Static?id=1022
No, they haven't resurrected their affiliate program at least to my knowledge.
Netflix gained a HUGE portion of its subscribers this way and I'm surprised that gzfx hasn't stuck with it.
If they were smart they'd make modifications to it so their risk is less (shorter trial period).
Oh, well. I guess we're going for the big news campaigns (TV, Superbowl, Nascar, Circuit City).
What's strange to me is that if circuit city worked for both companies, Netflix would have stuck with it.
At least blockbuster has fallen on its face. :)
Looks like everyone is taking profits this week... must need to pay for christmas gifts.
Agreed. There is a fatal flaw in their branding.
More great buying opportunities to come. LOL
I think this stock is getting played. Seems like there's no confidence in it as a long term hold.
I think the only time this stock will go up and stay up is if they actually start making money.
Xan, just got your PM... but can't send you one back since I'm a freeloader
Oh, by the way, GZFX made good on their payments to their affiliates.
I'm shooting for it to hit $1.00 by the end of the week. I've already spent the money, so I hope it happens