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Livintilidie - Ok. I guess we'll just have to wait and see then. Right now its not looking too good though.
Livintilidie - I have no issue with the business model or the execution of the business. I agree it should work out. The only issue I have is with the financial structure of the company and valuation. The key point in your logic is once it had 500k to 1m subs it should be worth .02 to .03 but what is it worth at 16k subs?
What do you think a fair price is for this stock. It could be that it is fairly priced now. At .013 and 4B shares O/S GZFX is valued at $52M -- a bit much I'ld say for a company with less than $1M in annual sales, even for a company with the most agressive growth path.
It's fair to say they just upped their A/S to 25B from 4B and they will have to dip into that over time to fund the CC rollout so there will be several more O/S shares. It seems to me that GZFX might even be considered overvalued right now and that as it grows any value appreciation will be reflected in the increased O/S rather than an increased PPS.
Just my take on it.
Down 17% in four hours of trading. Many here are arguing when GZFX will move to the NASDAQ or some other exchange. What they should be arguing about is why the stock is still at .0133. The CC rollout news is out. Other news is out. I thought once the rollout news was out the stock was 'to da moon!'
I think folks should be thinking about that and that maybe this stock is just what it looks like -- a POS
Slice it anyway you would like. The entire online DVD rental industry wouldn't be worth as much as the mkt cap of GZFX if all the A/S were issued and outstanding.
Doesn't leave much room for PPS appreciation - not in the short term anyway.
Well no. That would be getting ahead of yourself. First, you have to start or buy a company and dilute the hell out of the shareholders.
You're right. I guess the part that makes us "big fat babies" is this concept of stock to funnel money to him. It leaves people with the expectation that there may be a return but I know expectations tend to be a bad thing.
One idea to solve this problem is to just write JF a check personally. That would eliminate the expectation that you would be getting any of it back. Next time that is what I'll do.
You should make a note of it. Remember they delayed their PR on the decision to extend the trial for days after the decision was made.
They kept their OS a big mystery until they nearly maxed out the AS.
Those are scam tactics.
If you write the CEO an email you won't get a response unless you preface your questions with something like "First, I would like to commend on your superb performance of running this company, etc...." If you ask him straight questions he will respond with something like "Well, what do you know about runninig a company anyway?" Yeah this guy is a scam.
Well, it's becoming frighteningly late for a PR announcing a rollout to be announced and history would suggest that the decision has already been made. The decision to extend the trial was made in or around December 05 and wasn't announced until sometime in January.
If the news was good they wouldn't have wasted anytime in issuing a PR. Have been burned a couple times by this company's B.S. It's been six months now since the co's announcement of the CC deal and in all they are up 200% since but they have managed to increase their OS by the same amount. Does that not amount to a 600% increase in mkt cap. I would say it is already valued into the company. If the deal does not go through - watch out.
As I said this company is a scam.
"And if CC news does hit this week?" Well obviously it will bounce back to at least .01 but no more than that. Shortly thereafter, GZFX will float more shares to the market.
The stock is a scam
Personally, I'm afraid of the next PR. Might be better off without news. The last three PR's seemed to have tanked the stock. The first was announcement of the delay of CC rollout - something that was known for several days before they decided to PR. The second news was early release of financials and in it their fantastick dilution of shares. The third is the latest webcast which said nothing about nothing when everyone is expecting release of CC rollout.
I'm half expecting the next PR to be something related to delay of new website or cancelation of CC agreement or both.
It's there now. What are you gonna do. Wouldn't understand why it's dropping so much either. Two possible reasons. 1. It's just the way it works in pennyland or 2. What in the f$%k does clickme have to do with Greek themed business.
Doesn't make any sense. But the divy means nothing. It is a stock dividend. You are getting 20% more stock but at a 20% discount to the price. You are right it's stupid to sell here as everyone is now locked in at the lower price until the end of march
the problem with the divy is that it is a stock divy. basically the 20% haircut on the pps is now priced in and its dead money until shareholders receive the stock dividend. In short, you get 20% more stock at a 20% discount to the price pre-divy. Or in short, you are screwed until later in March
I know. I'm easy.
Just be careful of stocks like these. They don't really do anything. There was never any real reason for them to go up in the first place 'cept momo. Stock went up a long way -- now has a long way to fall.
Yeah Right.
What is it DGKO does anyway.
I stand corrected Last trade .05 dn 54%
dgko - appears to have taken a dump.
b/a .08/.09 last trade .07.
Anyone know how to get level II on pinks like DGKO
Interesting reads
Apparently this technology has been around for sometime, since 1995 at least.
http://www.osti.gov/energycitations/product.biblio.jsp?osti_id=229900
It has to be propped up for successful dumping.
Sorry to say but the only activity going on here is corporate financing. This is more than just a necessary evil. Obviously the company does not feel compelled to generate more revenue than the $500k or so generated in the whole history of the company. Why should they - they can just continue printing more stock.
Woo Woo!! Wow - CNES flying.
All speculation of course but I'm thinking it should start building back up again for a run barring any continued dumping of shares by the company. I guess just depends on how greedy managemnet is.
Anyway, hoping next week will be positive
Wow!! 40% drop on no volume. What's up with that.
Let's see. It's tanking because someone knows there is something going on behind the scenes and they want to get in cheap so they are driving the price down. I think that's my favorite B.S. line -- People want in that's why it's tanking.
Peng- Maybe now you can sell your shares - just not the .0005 you were looking for. That price is reserved for company funding.
Gatorhistory - You miss the point entirely.
If I was a basher I would be posting more than 4 or 5 posts a day on the subject.
I am a shareholder as well, just not that much though. I hope you make tons of money.
Explain to me though the recent activity. Everytime ARCA/DOMS shows up with their the 999 ask, volume picks up and the stock tanks. Why is that? Is it they are short this stock? Are they maintaining a liquid market for the stock so the company can fund it's $0.00 revenue stream? What is it?
Looks like to me that when whoever is using ARCA is done this is a dead issue, volume dries up.
Not near as ridiculous and irresponsible as trying to inject false hope to get someone to buy your shares.
What are the most popular today. "Something is going on behind the scenes...."
"Major accumulation taking place now..."
"Rumor - In works with GE and Motorola or some other company now...."
All B.S. and all designed to get someone to loosen up their wallet so please don't tell me about ridiculous and irresponsible
Believe me. I'm just looking for an uptick so I can get the hell out. Your outlook is even more optimistic than mine. But let's face it -- odds say this like 99.99% of all sub-penny stocks is not a good investment, only good for pump and dump scenarios.
Near guaranteed the OS just got bigger by 360M shares after hours.
Let's hope so.
Yep. That's strange. That's a ton for after-hours. I hope its something good but until I see anything indicating something otherwise I will just assume it is more of the same -- dilution.
Already invested. Not much though. Just have no patience anymore for scams. I agree when looking at a daily accum/dist looks ok. Pull up a weekly and the picture looks quite different.
Accum/dist line can be easily manipulated as it is only based on the closing value relative to the price range for that day/period. By itself I don't think it tells you much
Are you basing that assumption on the accum/dist line? I don't think you can count on just one technical indicator.
Gator
You still see good things coming for this stock. With every piece of info I find my only response is "gulp." With an additional 1.2B shares added to the OS in just one month and no sales (save for the $500K incurred since inception in 1991) I'm wondering where the proceeds from those sales are going to. My guess would be its going to that $1.7M accrued compensation sitting in the liabilities section.
I think we may see .0003 before we see .0006
That was a good one. Is it going to the moon via China?
Would that explain the two 50mil share dumps at the bid?
Now DOMS is being used. Who is short this stock and why. I imagine it is the investor who buys shares upon issue by the company. They probably short the stock in advance of issuance, then work to close their short position (i.e. deliver shares).
Just my guess. In any event it seems to serve to deaden any potential
Which brings me to my last question:
What is up with that? All week someone with ARCA was sitting on the 999 ASK and now DOMS is sitting on the 1000/500 ASK - all day.
It may be someone is buying tons of this stock but it appears each buy is getting matched by increased liquidity (i.e. dilution). Otherwise the stock would have risen to .001 like nobody's business.
I don't know where ppl get "massive buying" going on. I can only imagine there is massive dumping going on to match the enthusiasm. Should max out on the AS shares (15B) in the next couple quarters.
What is up with the 999 ARCA ask. Been doing that for days. Any input would be appreciated on what this signifies. Seen this before with other stocks. Could it be that simple -- that someone is dumping or is it someone trying to control trading?