News Focus
News Focus
Followers 67
Posts 18171
Boards Moderated 0
Alias Born 03/27/2001

Re: Sentinel post# 263

Sunday, 03/28/2004 11:33:55 AM

Sunday, March 28, 2004 11:33:55 AM

Post# of 286613
The more I think about it, the more I am bothered by the fact that they didn't finish even close to the HOD on Friday. The huge volume indicates that the knowledge of the website coming online and the TV commercial was fairly widespread, yet the price did not rise appreciably. To me, that means these events MAY be factored into the PPS already. GZFX will probably issue a PR announcing the site launch on Monday, and the price will probably pop up for a time, BUT, I am not convinced that it can sustain any rise (though long-term, I think this has great potential!). I would think tremendous profit-taking will occur into any additional rally this week, and that GZFX may even close lower by Friday. This is NOT a judgement of the company itself, but a few thoughts on the psychology of the marketplace. It will be interesting to watch, and I would LOVE to be wrong! There is so much hype this weekend it's scary. Those talking this up are equating 3-4 TV spots (at least one being at less than desirable times IMO) with a full-blown "successful" national TV campaign. That these TV commercials even exist is GREAT, but their success remains to be seen, and that won't be known for a while. In the mean time, the price may take a breather and consolidate a bit. JMO of course.


Who is this Time Being, and why are we always doing things for it?

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MLMC News