Experts please weigh in and advise.
Why is the stock price .0133?
Because that is what someone is willing to pay for it.
I have not been trading penny stocks all that long, but I have been long in GZFX since 9/16/05 when I bought in for .0036.
You could have made some good bucks if you had turned it over a couple of times, selling when it goes up 100%, and selling when it goes down 100%
I have been reading this board and others for a while now and from what I gather the three main reasons the stock is not moving is
1. GZFX is fighting perception of penny stock status i.e. toxic financing, no trust of leaders of the company, can print shares at will to cash out and leave the shareholders with nothing
No profit and big expenses are a big reason
2. Dilution. All dilution is not bad. Google recently diluted for no specific reason and their share price didn’t suffer.
25 Billion shares is bad
3. MMs manipulation. I am not sure I buy into this theory. The MMs make money either way so I don’t see the rationale for MMs to keep the stock down.
I'm not sure of that either
Since September 05,
GZFX has signed and successfully completed a test roll out with a national retailer. The national rollout with Circuit City is a fact now and will start soon and be completed by the end of the year.
This could be good. How many subscribers can we get from CC? What will it cost us? How long can we keep the subscribers before they cancel?
New website.
We needed that new web site. How is it?
Improved service. I joined GZFX before I bought shares of the company. I wanted to make sure they were legit. The service has improved and that short time and I am very pleased with the service.
I joined after I bought the stock. I dropped the service within 2 months, but held the stock until the CC announcement, I figured it was the only way to get my money back
Competitive edge by offering games and movies. Yes Netflix was first to market, but there are many examples of 2 players in the same space. Yahoo and Google. Home Depot and Lowes.
That is excellent, especially if there is more profit margin in the games. Is there?
Pending AAFES deal. To be honest, if the Circuit City deal didn’t move the stock much I am not expecting this deal to either. While it may prove to be bigger than CC, I am not sure the market will see it that way
I would hope it would move it, especially if someone can translate the increased possibility of more subscribers to show a good increase in subscriber numbers
Very few penny stocks make it. I understand that. I understand the risk reward of penny stocks which is why I invested.
If a penny stock can increase it's profits as it grows, it should survive. If it can't make a profit, it will fade away. Can GZFX make a profit? Only time will tell.
What I don’t understand is probably less than 1% of penny stocks have a viable product or service and even fewer sign a national rollout with a major retailer. This stock should be, at a minimum, above 2 cents. What gives??????
There has to be something to bring in new buyers of the stock. It must be exciting. Like increases in subscribers. If you just spend more money, but don't increase subscribers, it is hard to convince people to put their hard earned money into your company.
This is my 2 cents. I am just trying to learn from this crazy market.
Just my 2 cents too. I wish you luck with GZFX.
