Friday, May 19, 2006 9:48:52 AM
mathmanjc,
I attribute the low PPS more to the professional traders taking huge profits at the expense of the not so experienced trader, than I attribute it to dilution.
The profits the traders take out and put in the bank is money gone from the GZFX stock and thus the PPS stays lower until new money comes in to replace it.
Another thing that lowers the PPS is a lot of folks viewed GZFX as a way to get rich quick and invested way more than they should have. Then when they start losing money they get uncomfortable and bail out.
Until the company increases subscriptions substantially to start turning a profit, this stock is owned and controlled by the traders.
I am not trying to bash traders. I trade a little myself. This is just the way it is, IMO.
Just my opinion.
GLTA.
Ron
I attribute the low PPS more to the professional traders taking huge profits at the expense of the not so experienced trader, than I attribute it to dilution.
The profits the traders take out and put in the bank is money gone from the GZFX stock and thus the PPS stays lower until new money comes in to replace it.
Another thing that lowers the PPS is a lot of folks viewed GZFX as a way to get rich quick and invested way more than they should have. Then when they start losing money they get uncomfortable and bail out.
Until the company increases subscriptions substantially to start turning a profit, this stock is owned and controlled by the traders.
I am not trying to bash traders. I trade a little myself. This is just the way it is, IMO.
Just my opinion.
GLTA.
Ron
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