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Tuesday, April 04, 2006 7:58:11 PM
* 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,
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