for all newbies, regarding gzfx.....
100% FACTS
-i have the service....
-i get mostly movies....
-service has been very good the past 6 mths...
-website has DRAMATICALLY improved the past 3 to 6 mths...
-inventory is improving
-company is being funded by selling shares which is killing the stock..
-there is actual revenue (unlike other penny stocks) of about 1 million per qtr
just getting tired of the scam talk..... very likely, the truth is (this is opinion)....
mr fleming started out without a specific plan.... went all over the place (gnfent, gnfdig, etc.).... possibly wasted money on these other things instead of focusing on the core business of rentals... growth is moving way too slow... gzfx mgmt made some bonehead decisions with regards to their website ..... it was so easy to fix, but for some reason it took hiring moroch to finally point out to mgmt how to fix the site?????
so, FINALLY, it appears gzfx is on the right track....BUT IS IT TOO LATE.... IT COULD BE.... (we might find out by 4th qtr of 07...need to show nice increase of subs)
even if gzfx starts growing exponentially, will the stock price ever follow suit...... who knows, no gurantees....
i think the only chance shareholders have is if netflix does what AOL DID..... RISE TO EMPIRICAL HEIGHTS, only to fall & get crushed by dsl/cable....
it's a big risk..... buying at these prices (if u are a newbie) has little risk...but u might get no rewards????? or u could make an easy double.....
GOOD LUCK
AL
ps...and oh yeah... u will hear something about the ceo owning another company ( a burger joint in kentucky).... all i have to say is......SO what.... foolish bashers will want to associate gzfx/the burger joint into some kind of illegal scam....
there is plenty to be upset at mgmt.... but to throw allegations of "scam" are totally unfounded and just angry words......
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