dalek
The outstanding share count was much lower during that climb to .175. The float was also much lower but I don't have an idea where the flost acually was in May, June 04. Obviously, its a lot easier to move on a lower share count. According to above data the o/s count didn't really change too much until after the first of this year. I firmly believe the float is being gobbled up quite quickly now & with the current share count we should be fine with a continued uptrend through Christmas. There is WAY too much interest in Gameznflix right now to consider a major pullback.
What I would like to see is a different debt structure so as not to affect the share count, and they may just do that ie re-negotiate more favorable terms.
About 75% of my watch list has been in a downward trend since
late summer.
GZFX I believe is an easy 8 to 10 bagger from here without any news imho. We're just getting started.
more news to come.
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