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Monday, July 10, 2006 11:03:43 AM
As for Gnf, they are deep red, (no matter what cash they say they have...). Gnf at this moment would not seem to be a good value as a take over company. That said, Gnf has ample proof that it is a REAL company with product, in a big box store and a well known distribution company (even thought that distro company is getting bought up..) that Gnf is at the mercy of the market they are in. If Gnf fails, it failed trying.
GZFX did not have the luxury of an IPO, no big money going in so the growth logically would be slow and painful.
The hope is that it doesn't take a year to become profitable.
I see nothing wrong with holding long AND flipping some shares if you can get your investment back.
Then again, I think penny stock is closer to gambling than investing.
AND, a R/S is totally different for a penny stock than a dollar stock, totally.
g;ta S5
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