InvestorsHub Logo
Followers 39
Posts 707
Boards Moderated 0
Alias Born 01/10/2006

Re: None

Friday, 04/21/2006 1:37:05 PM

Friday, April 21, 2006 1:37:05 PM

Post# of 286285
Always smart as a trader to look at both sides of the coin each and every day.

* Remember, my style is to trade GZFX and not ever hold it long. So my comments pertain to the price and not actually the company as a long term hold.

You know how I feel about the company and valuation formulas, so no need to beat that drum.

Speculative stocks trade on emotion and news. Without these factors present, they creep towards the technical valuation.

My past posts are full of reasons why we trade at this level.

A few things that point to a nice price rise before the 10Q.

- Even though fundamentally, CC means very little, the initial rollout may get some press. It should get Press. Hopefully JF can sell the story this time around.

- The fib retracement more than satisfied the chart for now

- Most that would sell have had plenty of chances after falling from high of .0209

- CC rollout will play into the emotions of traders and bring in some buying

- 1 cent is an emotional trading level, a nice base if can close above it

- So perhaps JF can get some news out to offset the 10Q

- The 10K selloff came as a result of being blindsided by 2 billion shares of dilution after JF said it was not happening. This time around, people expect low sub count and dilution. The key is most dilution will show after this Q, so may work well for emotional buying again. The shares will not be seen until the next Q because most were sold into and after CC rollout (after this 10Q),

So take the above as you wish. Just presenting both sides for the traders that have interest.