Alstock_98 -
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...
WayneC777 - Can I enterject something, a correction for the newbees ...
I got in back in April of 2004. My first phone conversation with JF was in October of 2004. The direction I got from that phone conversation, (after replaying it in my head for a few weeks) I saw his focus was on the Movie studio executivrs. There was a letter back at the begging of 2004 or the end of 2003 from the Movie studio Exec's that said something like ...
we will be watching to see what company can build itself up and sustain its growth on that market. That came at the time when BBI new they were in trouble with their Marage to the studios.
SO ... JF over all plan back then is what he has today, in General. His general focus WAS this direction. Now I am sure their has been deveations along the way, but in General it still was in this direction.
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?????
WayneC777 - I agree. But My thoughts are that JF saw opertunity's and tried to catch them along the way.
so, FINALLY, it appears gzfx is on the right track....BUT IS IT TOO LATE.... IT COULD BE....
WayneC777 - No I don' think so.
(we might find out by 4th qtr of 07...need to show nice increase of subs)
WayneC777 - Agreed
even if gzfx starts growing exponentially, will the stock price ever follow suit...... who knows, no gurantees....
WayneC777 - I think it will because we have all these Rev scourses.
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.....
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