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I am one of the 'lucky' ones to get in one this at (ready for this?) 12cents per share.
Can anyone give me one GOOD reason to believe I'll ever get to a break even point?
Looking at the OS, reports, competitions advertising, and overall availability to subscribers, I simply cannot see much.
Now you may think I am a basher here, but that is not the case. I simply would like to know where my 200K shares are going. Oh, in case there are any 'wise' azezs answering, please keep it to yourself. I don't need any immature answers.
I personally believe this stock is being shorted, and for good reasons - such as the amount of stock available. Here is an explanation from another board on another stock about making making money shorting a stock like this.
"Quite often a shorted stock will cause downward pressure on the price.
If the company issues more stock into the market, the shorter will usually buy this stock at a much lower price to pay off the short. "
Radio Shack in the U.S. has (I believe) been closing some of it's stores - at least in MN. Although I haven't investigated the reason as I've had no interest in the company, it does make me believe that there may be difficulties within R.S. and the cost to bring in a new vendor/product may not be the best if GnF has to cover it. Now if C.C. does, that would be nothing but good (imo) as it would add more distribution outlets.
Wickw50 - Thank you! Missed it first time.
Does anyone know the scheduled locations of CC's roll-out program?
Thanks very much for the post! eom
Seabiscuit - your post is right on! eom
skiisthelimit
I guess the CC thing, and all the research CC did to even start with GNF, doesn't mean too much. Aren't penny stocks something of a chance anyway and doesn't the average investor in pennies look for potential rather than what is at the moment?
Have you considered something with a little higher PPS?
Thor71 - WOW and thanks! EOM
"Consumer Report" is NOT the "Consumers Report"
I am amazed at the amount of 'press' this local newscast has gotten on this board.
I believe what we see here is a few, shall we call them bashers(?), coming up with some unique titles to their post in hopes that it will influence potential investment from the retail segment. (This is in belief that larger buyers don't read much of this board.)
Have the fundamentals worsened or gotten better? It seems to me this is a company that admits making mistakes in the past but has corrected and continues to correct those mistakes. This can be witnessed by CC lending their name AND reputation to GameZnFlix. Those that continue to bring up one local report, one biased viewpoint, have a personal agenda and should not be replied to.
digitick, I did not catch that it was on TV. I had thought it the "Consumers Reports" magazine. It would have been nice for him to tell me something other then the way he handled it.
sukycospito
don't bother asking for facts, it cannot be given by him.
firefight4, so you'd rather not give facts?
All I asked for was for you to give some credence to what you stated. In return you called me an "azz". Why do you post such? Why not simply give me the month you state the article appeared?
firefight4, why post non-facts then? Can you at least give the month of the publication you stated as a fact?
firefight4, you are the one that stated a report as a fact in Consumers Reports. I'll ask again; please supply the link.
Consumer Reports review? Please send link as I subscribe to the electronic version of Consumer Reports and I cannot find any recent reports of what you say.
Remember, every time a company has a chance at becoming successful there will appear more and more detractors. First they will bring up old "facts" with some new. Then they will attempt to just plain piss everyone off. Failing that they will attempt to discredit personalities.
The main thing is to remember the basic reasons you were drawn to this stock in the first place. Don't have a blind eye toward facts, but do not let those who spout misinformation work on your mind - go to the fundamentals.
CHICAGO (MarketWatch) - Liberty Media's Starz Entertainment Group unveiled Tuesday an Internet downloading service that will give users access to movies, music concerts and other content for a $9.99 a month subscription.
The new service, called Vongo, will let subscribers play back video content on Windows-based PCs, laptops, and certain handheld media devices, as well as television. It is available as of Tuesday in beta form at www.vongo.com.
http://www.marketwatch.com/news/story.asp?guid=%7B57F5B694-1942-43D3-97B7-6AF0FE1658E6%7D&siteid...
trsturgut-18, a very good statement. Your reasoning, IMO, is right on. I too came on board at .10 - .14 (lowered my average now- lol) and have to say todays GNF looks mighty good.
LOL
Take another look Agent1107, that's an arm. Perhaps worth 50 cents rather then the $1 you reference?
lol
Just to let you all know, I have just checked the CC flyer here in St. Paul MN - page 23 -- it's there!