Monday, April 10, 2006 9:43:44 PM
Eventhough i bought down at .0076 before the big run i held it all past the first run-up on that amazing monday (well the first hour was amazing, the rest was like "What?") I watched go down some more then make its way back up to .016 but when it started to fall some more i sold half my position at .015 (around 100% gain) at this time.
Of course 100% gain is defenitely worth a smile but now i'm lookin at a 30% gain with my remaining shares and i'm not very happy with it considering it could have been much, MUCH more.
I was expecting USXP if not more, this news was huge! Basically it comes down to Flemming's lack of ability to create a rising PPS much less sustain one! It is completely on his shoulders on timing of PRs and how he is selling shares into the market.
Respect for shareholders? yea right... He isn't even trying to screw over flippers, in fact he's helping flippers lately without even knowing it probably! He's defenitely not making longer term investors happy since eventhough one may claim "Oh i'm long" a day to day decline in PPS is disappointing to one's moral. He may have created a good company with good relations (CC, AAFES) but fact is that he just doesn't have it like other CEOs do when it comes to keeping PPS happy instead of .
I for one am still going to hold this for anticipation of AAFES (which i hope isn't already built into the PPS). I am not bashing this stock, but if this does break below a penny, there is no doubt in my mind that it could possibly fill it's gap COMPLETELY (at which time I will be evaluating the stock and will almost defenitely add to my position).
Sorry to say this folks, but pull up any chart on GZFX and pull up the CMF and ever since the CC deal was announced, CMF has been tanking and is still tanking...My guess: dilution...obviously
Don't expect too much out of this in the near term (it's been a couple weeks since CC rollout news and it has barely shown an indication that it wants to run).
Thanks Mr. Flemming! You have completely lost the trust of many shareholders, including ones from the beginning of time which are usually the ones that a CEO should value most...I know I know it's been 2 weeks since CC PR, but we are back to levels before the PR was released!
OK i'm out...but this stock will one day make a good run...not anytime soon though, IMO. Unless he does PR's in an intelligent manner.
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