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Thursday, April 13, 2006 3:09:57 PM
The issue is that many people are overloaded with GZFX. They think it is their payday. The ticket to riches and a quick buck. Diversify folks. GZFX is not going anywhere but down for a long time.
This time it will not bounce much again on the 50MA. We will be well below a penny again thanks to the new dilution and low sub count.
The concensus is that GZFX is several Quarters off from showing much. The sub count is ridiculously low.
In the meantime, more shares are sold to market for cash to fund operations. This devalues your shares each day.
Some decide to wait around for a payoff that may come in a year or so ?? But they run the risk of Reverse Split and further declining price below a penny too.
Most are already in the red hoping to just get back closer to even.
Ask those still holding from 16 cents ! Each day, people call bottom. Take emotion out of your trading. Cutting bait on a bad trade is better than making it worse by averaging down as it continues to fall.
Time value of Money is also very important.
Maybe after the selloff on the Q, a short term trading opportunity will be presented. That is why some people hang around. Never know when JF will surprise with an early filing.
Just not sure what people expect to rally GZFX at this point in time?? CC news has come and gone.
GZFX (and QBID) are the # 1 examples of why I will never hold an OTC stock, but what do I know.
all imo.
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