Flying
Check it out
I posted this morning about GZFX.
I sold all of my shares at .007 and will buy on a retracement.
Be careful here as I cannot find any news.
Pumpers all over the place.
It traded 50 plus million a few months ago for a 30% gain day then fell hard.
I truly believe in the company. But has gone up more than it can maintain without some type of news, IMO.
Does anybody know anything about the rumor of the buyout from netflix? I heard through the grapevine. Has anybody else heard this? Maybe explains the volume today.
I can confirm 100% this is not true about Netflix.
GZFX may have at most 7-8,000 total subscribers.
Maybe at a future date.
Pumpers are all over GZFX.
I called the CEO and he was amazed at the volume and said there is No News that he knows of.
Great company long term. But 1 billion outstanding shares and another billion authorized.
Be careful until a solid quarter of growth. They spend alot of money. This one will take a few quarters IMO.
But definately worth over a penny with solid numbers. Keep on the radar.
Alot of Bagholders waiting to get out on any move.
Running this morning might reach .01
Looking good this morning. Good volume. What do you think EliteG
it made a nice move this morning but retraced...not really sure at this time. I hope the trade goes well for you ;)
but I think you need to make sure before you post a topic that you search if it has been posted. fill_the_gap posted this before you did. We need all the info in one spot or then this becomes the yahoo message board. I just wanted to give you the heads up on this 8)
http://finance.yahoo.com/q/bc?s=GZFX.OB&t=5d
May run near term.
I am waiting for news and/or solid numbers to return. Held all last quarter and not dong that again. Too many Outstanding Shares.
Plus they will have No More than 7,000 total registered users.
Spent a fortune last year. Read about it before entering.
Many angry Bagholders that want out on any pop.
Long term will do well. Give it a few quarters to develop. Maybe an opportunity for a quick profit developing again. Hit near .009 on the run. Drops quickly. No news.
Very familiar with the company. Also a subscriber. Figured I might as well subscribe while holding the bag ;D...Service is not great. Glad to be out. Will let you know if I ever get back in. Had 13 million shares. Sold them all .007.
I erased my earlier threads from May-June for GZFX.
Does not matter about credit for a pick.
Just trying to eliminate confusion with so many threads on the same topics springing up.
--------------------------------------------------------------------------------
Again, too many threads started for a company.
How can we best handle this ? Any way the network can identify a symbol as already posted ? As more members are coming aboard, it seems that the Search area is not being used as much. It would help to have them all on one thread for discussion purposes.
GZFX has alot of threads too. Not sure which one to post it on.
My original May Post is erased to eliminate confusion.
But my most recent comments are pasted from the most current post.
Let's figure out how to allow only one topic per company like other boards have.
Started a position.
Am trying to figure out what the news may be (if any).
But it moved to .009 last time without any.
Unaudited numbers or UK expansion is my guess.
OK boys and girls: Here we go: Url for chart that I can't figure out how to insert:
[http://stockcharts.com/def/servlet/SC.web?c=gzfx,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G]
I bought today at .006. a few hundred thousand shares. Love the sub pennies!! BUT, this might be a good one!
GAMEZNFLIX INC (OTC BB:GZFX.OB) Delayed quote data
HEADLINES Change Display [ hide $$ edit ]
• GAMEZNFLIX INC Files SEC form 8-K, Change in FYE or Articles, Financial Statements and Exhibits
EDGAR Online (Fri, Jul 22)
• Introducing Traders Nation Television and Streetcast Television Partnership
PrimeZone Media Network (Tue, Jul 5)
• GameZnFlix Becomes Sponsor of DVD Weekly Podcast
PR Newswire (Tue, Jun 21)
• GameZnFlix Racing Team Schedules Personal Appearances Throughout the Summer
PR Newswire (Tue, May 17)
• GameZnFlix Announces Targeted Advertising Program in Middle Tennessee
PR Newswire (Wed, May 11)
• GAMEZNFLIX INC Files SEC form 10QSB, Quarterly Report
EDGAR Online (Mon, May 2)
• GameZnFlix, Inc. Financials
EDGAR Online Financials (Wed, Apr 13)
• GAMEZNFLIX INC Files SEC form 10KSB, Annual Report
EDGAR Online (Fri, Apr 1)
• GAMEZNFLIX INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
EDGAR Online (Mon, Feb 7)
• GAMEZNFLIX INC Files SEC form 8-K/A, Entry Material Agreement, Financial Statements and Exhibits
EDGAR Online (Tue, Jan 18)
KEY STATISTICS
Forward P/E (1 yr): N/A
P/S (ttm): 8.70
Dividend Date: N/A
Ex-Dividend Date: N/A
More Key Statistics...
BUSINESS SUMMARY
GamezNFlix, Inc. provides online DVD movies and video game rentals. The company has distribution centers in Nashville, Tennessee, and Los Angeles, California to store and distribute its online DVD and video games to its members. more
Do your DD!! Remember it's a penny stock! Happy Trading!
Freaking fablous.
Falling Wedge, Symmetrical Triangle...Breakout .
Break through the 50-day ma
Great find...applaud
GZFX got the 16.5 Million in New Financing approved.
At least we know they will continue to operate.
At a 52 week low.
I am buying today. ;D
Been a nice run the past 2 days.
The 16.5 million financing will take them out over a year.
Now they can step up advertising.
Not a fan of the company, but may rise from this level.
I'm watching this one too...'Shakerz' pumped it today also and has it as one of his Gorillas tommorrow...whatever that turns out to mean....but I think the financing is good news and it has potential to grow. May go some yet on this leg. ;D
Had 2 nice candles, with good volume.
I'm watching it today, 0.0038 is a small resistance.
Any Thoughts ?
Watch out Ramsburg its a little to late to jump in, yesterday and today is a shakerz pump. So I am 99.9% sure that come Monday this thing will crash. It was a good buy for yesterday into today but from my experience his pumps last for two days and then crash.
Possible double bottom.
Will be watching this on Monday.
Nice move with some volume.
News out has it moving up.........
+108.33%..........Volume @ 110,059,749
**************************************
Press Release Source: GameZnFlix, Inc.
Circuit City to Offer GameZnFlix's Online Video Game and DVD Rental Program
Wednesday October 5, 10:21 am ET
FRANKLIN, KY--(MARKET WIRE)--Oct 5, 2005 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVD's and video games for rent, today announced its service will be available to Circuit City customers at www.circuitcity.com and in select Circuit City stores beginning November 1, 2005.
GameZnFlix's offers variety of monthly subscription plans, starting at $8.99, that allow members to rent DVDs and video games delivered directly to their mail boxes. Each rental includes a postage-paid return envelope. Members can enjoy their rental for as long as they wish, with no worry about late fees.
"We're excited to add GameZnFlix's unique DVD and video game rental program to our product selection," said Marc Sieger, senior vice president, general merchandise manger of services at Circuit City Stores, Inc. "As the Internet has grown, we've learned a lot about consumers and know they want value and convenience. I feel this new relationship offers our consumers both."
"This relationship is a win-win for both parties," said Donald "Chip" Gallent, president of GameZnFlix, Inc. "Circuit City is a top destination for movie-lovers and gamers alike and we believe we can fulfill both needs through our service."
About Circuit City Stores, Inc.
Circuit City Stores, Inc. (NYSE:CC - News) is a leading specialty retailer of consumer electronics. The domestic segment operates through 618 Superstores and five mall-based stores in 157 U.S. markets. The international segment operates through more than 930 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com and http://www.thesourcecc.ca.
About GameZnFlix, Inc.
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 30,000 games and movie titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact:
Contact:
Chip Gallent
President
GameZnFlix, Inc.
270-598-0385
[email protected] --------------------------------------------------------------------------------
Source: GameZnFlix, Inc.
looks like you beat me to this one....i was about to post it up! im in !
this one imo will shoot up over the next few months ill keep adding as it moves
Nice job for anyone who got in. Up 120% today.
Debating whether to jump in around the .0051-.0053 mark?
Its already so high..but, it is possible to go higher..just don't want to see it drop after i buy.
thanks
julia
The Chart......
Se você por favor..... ;D
Got in at .005. thanx for the alert setravis
Now up 229% today.
This thing has gone "louco"
It's a wild a crazy ride...... ;D Let the wind part your hair...... 8)
+ 233.33%.......Volume @ 468,775,799 "Smoking"!
Too bad I just found this website yesterday. If I was hear earlier, I could have gotten in on your guy's smart moves.
Quote from: nmbr1ballr on October 05, 2005, 01:02:18 PM
Too bad I just found this website yesterday. If I was hear earlier, I could have gotten in on your guy's smart moves.
Nmbr1ballr, Welcome ! You have found the best.
3StocksOnFire by David Randolph and Fred Ramsburgh is awesome.
We hope you find your way to profits,profits,profits!!!!
3SOF is loaded with outstanding stock minds.........enjoy ;)
Thanks, I hope I get profits in the future and hope for everyone else too.
Look at this fellow traders......co-workers...... ;D
Welcome to Penny Land GZFX......
+337.50%.....Volume @...578,682,418 and still moving up as I speak!!!!!!
ADDDED MORE LOVE THIS PICK !
GZFX chart UGLY(LOL)...Last Q stated app 3000 subs but with 16.5 million financing un hand it seems improved!CEO interview with WallSt.net CEO says 15000 subs needed to break even and claims they are halfway there!!3000 last quarter and presently app 7500 subs!!!Even with the dilution if this is true then IMO they have a real good shot now.Potential US sub base is app 120 million and even NFLX hasnt really scratched the surface....GZ gets its act together ITS A DO....Dilution can be controlled later....FCCN good example ...was 5 billion A/S now 200 million.GZ is 4 billion A/S and I think around 900 million O/S....FWIW...Simple
Hi guys. Picked this up yesterday at .0024 and sold today at .0063. Then I jumped back in at .0094 before the .0075 dip... yikes! I'm hoping this bad boy gaps in the morning and contues the run after todays strong finish.
Crazy volume!!! Today's chart is too wild! Good luck to those of us holding.
Why didn't you tell us to buy yesterday at .0024? :o ;D I didn't see anything good in pennyland this AM...went to the big boards to pick up some options on some big oil/gas stocks that have been beaten up the past two days, and when I got back this was already up 300% plus...almost pulled the trigger at .01 at 3PM, but thought it might sell off a little into the close...so much for thinking. ;D ;D maybe tommorrow...I'll think about it. ;D
iml holding this one tight! IMO the nov 1 date is right around the corner.and the news did not change today..so why the drop in price? profit taken and panic selling to go with a bad day for the Dow = great buy op on GZFX...get them while there cheap!IIMO.._the news is still the same ...but the price will not stay this way ! iIMO|_
No one ever made a dime panicking.
Rule No. 7: No One Made a Dime by Panicking
By James J. Cramer
RealMoney.com Columnist
3/15/2005 8:28 AM EST
Click here for more stories by James J. Cramer
--------------------------------------------------------------------------------
You see it over and over again. A stock gets hammered. People flee after the hammering. The market gets crushed on a huge down day. People leave at the end of the day. A sector gets annihilated. Quickly. People can't take the pain; they bolt after the annihilation.
Panic is the operating instinct in all of these cases. There's something basic and instinctive about panic, about the desire to flee. It might work when it comes to individuals and things that might threaten us physically. But it can't make you a dime. That's why I say:
No one ever made a dime panicking.
There will always be a better time to go, a better time to leave the table than the one brought on by panic.
Let's take the latest panic, the run out of Biogen Idec (BIIB:Nasdaq - news - research). As soon as I saw the panic in that stock, I wanted to run the other direction; I wanted to buy. If you bought the heart of that panic, the $36 price, you could have made a quick 5 points already. If you flipped it then, you could have gotten back in and already would be up a couple for the investible side of the ledger. I think that stock ultimately will go back to the $40s and maybe even the $50s, making a mockery of those who fled.
We get mini-panics all the time in the market. We had a mini-panic in Starbucks (SBUX:Nasdaq - news - research) off a weak monthly comp number. We had a mini-panics in Panera (PNRA:Nasdaq - news - research) and Whole Foods (WFMI:Nasdaq - news - research) off a couple of not-so-great months. These down-5 and down-10 situations don't need to be chased or participated in. A better time to sell will come.
I want you to do something for me next time there is a panic. I want you to take the opposite side of the trade. When you see one of those high-speed routs of a sector or a stock, buy a little. Get a feel for it. See what I mean. The most rewarding trades you can make are those where the decks have been cleared out by panicky folks using market orders who just don't get that the exit doors aren't as big as they think they are.
Mind you, I am not saying that all merchandise that gets panicked out of is worth buying for the long term. I am saying that it's a rare day when a stock or market that is socked that there won't be some sort of bounce that allows you to get out at a better price than you would have if you just joined the fleeing masses.
1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic
Check back for more of Cramer's Rules
--------------------------------------------------------------------------------
James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column to
[email protected]. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. EST weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict."
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diluted whale
In pennyland, whales often swim to the surface and spew the PPS higher, even if they go dive back into the deep afterwards. ;D This is a news driven run...the news was tantilizing and attracted mega volume...I think this whale's spewing may not be over yet...bought a little on the dip....we'll see if the whale stays afloat. ;D
Can't understand why people start a new thread when this one already exist.
It is so much better to have the history of the pick all on one thread.
The end of day chart.
she's spewing again ;)
GameZnFlix, Inc. Quick Quote: GZFX 0.01 (-0.00)
Michael L. Weiner, CEO of Biophan Technologies, Inc., Talks with Traders Nation -- Lions Market Share, Percentage Revenue Model, Sub Licensing, Majority Interest in Other Devices, Large Patent Holdings, Nimble Market Presence
10/6/05
PHOENIX, Oct 6, 2005 (PRIMEZONE via COMTEX) --
Traders Nation is pleased to announce that it has completed an interview with Michael L. Weiner, CEO of Biophan Technologies, Inc. (OTCBB:BIPH), and the interview is available at http://www.tradersnation.com/biph.shtml.
Weiner updates listeners with current events of the company, which includes, lions market share, improving competitive products, percentage revenue model, attractive market cap, sub licensing, majority interest in other devices, large patent holdings, nimble market presence and much more.
About Biophan Technologies, Inc.
Biophan, a highly innovative company, is developing visionary technology for the medical device industry. The core of Biophan's technologies relates to MRI safety and compatibility. Today, many devices such as pacemakers and interventional surgical devices are not used with MRI because of safety concerns associated with the MRI environment.
The Traders Nation Network: TradersNation.com hosts a network of nationally syndicated financial radio and television talk shows through various forms of broadcasting methods. Daily, web site visitors, listeners, affiliates and financial content distribution companies are able to access the most up to date market news, alerts and overall market commentary.
The Show named "Traders Nation": Multiple segments make up the 'LIVE' hour-long program where listeners and viewers gather daily to hear the latest smallcap news of the day and scheduled guests, from industry experts and CEO's. Traders also share investing, trading strategies and potential hot stock plays swirl throughout the call-in portion of the show.
-- Traders Nation Television through our partner Streetcast Television
is currently seen 4 days each week on America One Cable, a 24-hour
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-- Traders Nation broadcasts live on the New York ABC's Starguide
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station affiliates capture Traders Nation for either a simulcast
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-- Traders Nation is currently syndicated online with with 10 times
more sites that carry our network of shows than anyone else.
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-- Traders Nation is also heard by tens of thousands of end users
via QuoteStream online financial software.
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feature-rich media player for the active trader. Traders can now
access alerts, news, quotes, SEC filings, charts, free level II
and a variety of interviews that are fresh right from the Traders
Nation(TM) studios.
Stocks covered throughout the Traders Nation show on 10.06.05 include: GameZnFlix Inc. (OTCBB:GZFX), eFoodSafety.com Inc. (OTCBB:EFSF), AmeriChip International Inc. (OTCBB:ACHI), Destiny Media Technologies, Inc. (OTCBB:DSNY), Northeast Development Corp. (Pink Sheets:NHVP)
Caller Line: 1-866-SMCAPPS / 1-866-762-2777
oh and runforthedoor
congarts on the trade...i too feel this is far from over ! imo ;D
Man guys dont get to excited look at the O/S. Call the transfer angent!!!!!!!!!!!!!!!!1
;D ;D Not excited...just a very short term play....in fact, I don't get excited about any stocks on any boards. But thanks for the O/S warning...the volume sort of tells that story...no need to look at the numbers or call the agaent. ;D ;D
from all the 'extra' info here is all that matters - via the 8-k
" On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City. "
the reason GZFX made such a big move was it traded the entire float in a single day, around 9million in total cash. On news that still is to be debated on it's success. While they have more possible shares to sell, here is some aditional information from their most recent dilutive statement on 8/25/2005
"This prospectus relates to the resale by the selling stockholder of up to 2,515,000,000 shares of our common stock, including up to 2,515,000,000 shares of common stock underlying convertible debentures and up to 15,000,000 issuable upon the exercise of common stock purchase warrants. The convertible debentures are convertible into the number of our shares of common stock equal to the dollar amount of the debentures being converted multiplied by 110, less the product of the conversion formula multiplied by 100 times the dollar amount of the debenture being converted, which is divided by the conversion formula. The conversion formula for the convertible debentures is the lesser of (i) $0.20, (ii) eighty two percent of the average of the thee lowest volume weighted average prices during the twenty (20) trading days prior to the conversion or (iii) eighty two percent of the volume weighted average price on the trading day prior to the conversion. The warrant is exercisable into 15,000,000 shares of common stock for a period of three years at an exercise price of $1.09 per share. The selling stockholder may sell common stock from time to time in the principal market on which the stock is traded at the prevailing market price or in negotiated transactions. The selling stockholder may be deemed an underwriter of the shares of common stock, which it is offering. We will pay the expenses of registering these shares."
here is their past o/s counts
As of March 10, 2003, the Registrant had 283,571,449 shares of common stock issued and outstanding.
June 30, 2003, the Registrant had 317,071,449 shares of common stock issued and outstanding.
September 30, 2003, the Registrant had 329,071,449 shares of common stock issued and outstanding.
March 31, 2004, the Registrant had 554,652,076 shares of common stock issued and outstanding.
As of April 12, 2004, the Registrant had 556,157,882 shares of common stock issued and outstanding.
As of September 30, 2004, the Registrant had 642,938,000 shares of common stock issued and outstanding.
As of March 31, 2005, the Registrant had 756,801,655 shares of common stock issued and outstanding.
June 30, 2005, the Company had 925,001,665 shares of common stock issued and outstanding.
if i was invested in this stock, along with another possible 2,515,000,000 hitting the O/S. I would be calling daily to the transfer agent and getting the shares outstanding. BTW if you don't have the t/a's number, it's 801-272-9294.
not excited at all. This company just looks shady.
THIS FROM A FEW DAYS AGO............THIS GOING TO FLY IMO BIG NEWS LITTLE PRICE IMO....GET IN AS ITS STILL CHEAP ..IM LOADED UP AT .0046 ! ;D
GameZnFlix, Inc. (OTCBB: GZFX - http://finance.yahoo.com/q?s=GZFX.OB )
GameZnFlix, Inc., an online provider of DVD's and video games for rent, announced its service will be available to Circuit City customers at and in select Circuit City stores beginning November 1, 2005.
GameZnFlix's offers variety of monthly subscription plans, starting at $8.99, that allow members to rent DVDs and video games delivered directly to their mail boxes. Each rental includes a postage-paid return envelope. Members can enjoy their rental for as long as they wish, with no worry about late fees.
"We're excited to add GameZnFlix's unique DVD and video game rental program to our product selection," said Marc Sieger, senior vice president, general merchandise manger of services at Circuit City Stores, Inc. "As the Internet has grown, we've learned a lot about consumers and know they want value and convenience. I feel this new relationship offers our consumers both."
"This relationship is a win-win for both parties," said Donald "Chip" Gallent, president of GameZnFlix, Inc. "Circuit City is a top destination for movie-lovers and gamers alike and we believe we can fulfill both needs through our service."
IMO GREAT BUY OP AT .0062-.0069 THE VOL HAS STAYED FROM THE TIME THE NEWS CAME OUT......THE COMP IS PUTTING OUT SHARES IMO...BUT THE DEMAND WILL CATCH UP SOON ! STRONG PENNY HERE IMO.................JUST IMO....DO YOUR OWN DD...I LIKE THIS ALOT ...LOTS OF BUZZ ALL OVER ABOUT THIS ONE
Quote from: rebel1860lee on October 12, 2005, 01:38:16 PM
IMO GREAT BUY OP AT .0062-.0069 THE VOL HAS STAYED FROM THE TIME THE NEWS CAME OUT......THE COMP IS PUTTING OUT SHARES IMO...BUT THE DEMAND WILL CATCH UP SOON ! STRONG PENNY HERE IMO.................JUST IMO....DO YOUR OWN DD...I LIKE THIS ALOT ...LOTS OF BUZZ ALL OVER ABOUT THIS ONE
I see the news that moved it up initially. What keeps it going higher, though ? People bought on the initial mention (i.e.rumour) and then sold after the initial runup.
ITS HAD STRONG BUYING ALL ALONG....IMO THE COMP IS PUTTING OUT SHARES AND ITS A UP AND DOWN RIDE.....THE NOV1 DATE IS COMMING UP AND FROM THERE ITS UP AND AWAY IMO......I THINK PEEPS ARE PLAYING THE SWINGS AND HOLDING SOME BACK AS THEY DO.....JUST IMO BUT ITS A GOOD ONE TO HOLD AT LEAST TILL NOV 1 !
Quote from: rebel1860lee on October 12, 2005, 02:45:31 PM
ITS HAD STRONG BUYING ALL ALONG....IMO THE COMP IS PUTTING OUT SHARES AND ITS A UP AND DOWN RIDE.....THE NOV1 DATE IS COMMING UP AND FROM THERE ITS UP AND AWAY IMO......I THINK PEEPS ARE PLAYING THE SWINGS AND HOLDING SOME BACK AS THEY DO.....JUST IMO BUT ITS A GOOD ONE TO HOLD AT LEAST TILL NOV 1 !
rebel, I see the news already built-in to the price movement. What's needed next to support further upside movement is specific financial information supporting a still higher price. Until then, this will probably bounce around, and perhaps pullback some.
I BELIVE THE SAME THING IS TRUE.....IT WILL NEED UPDATES AS WE GO...BUT GIVE THE COMP AND MANAGEMENT CREDIT FOR NOT PUMPING AND FLUFFING THIS NEWS TO DEATH! THE SIGN OF A GOOD TEAM IS TO ACT LIKE YOU HAVE BEEN THERE BEFORE!
this was its source:
Stockwire.com: The Movers and Shakers Blog, Part 4:
By M2
Last Update: 10/13/2005 10:17:35 AM
GZFX is an online DVD movie and video game rental business. The Company offers subscribers a Web-based alternative to store-based DVD and video game rentals. For the six months ended 06/30/05, sales totaled $406K up from $58K. Net loss decreased 65% to $1.7M. Results reflect the change in business focus from consulting services to DVD and video game rentals. Lower loss reflects decreased advertising costs and lower consultancy fees.
got this from another board ...the cheap shares wont be around for long ! imo
im holding till nov1 at least !
GZFX GameZnFlix Announces Investor Update Webcast
Market Wire - October 19, 2005 9:22 AM (EDT)
FRANKLIN, KY, Oct 19, 2005 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (OTC BB: GZFX), an online provider of video games and DVDs for rent or purchase, announced today that CEO/Chairman John Fleming and president Donald "Chip" Gallent will host a web conference to discuss the state of the company.
The conference call will take place at 10:00 a.m. Central Time, on Thursday, October 27, 2005. Anyone interested in listening can access the webcast at GameZnFlix's website at http://www.gameznflix.com. The webcast may also be accessed at ViaVid's website at http://www.viavid.net. The webcast can be accessed through October 27, 2006 on either site. To access the webcast, you will need to use Windows Media Player.
GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 30,000 titles. With four different membership levels, from $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates, or members can purchase video games and/or DVD movie titles at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
For further information, please contact:
GameZnFlix, Inc.
Corporate offices at 1 (888) 542-6817
Or
John Fleming
[email protected]Source Website: www.gameznflix.com
SOURCE: GameZnFlix, Inc.
http://www.investorshub.com/boards/read_msg.asp?message_id=8189893
.30 is possible with this stockin the next 6-9 months !imo
Becareful going long.
http://edgar.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=3877070&Type=HTML
GLTY and All
Budget
I think there could be some great potentail in this pick. Revs have been increasing steadily over the last couple years. with cheaper rates than the industry leader netflix which is on the NASD and selling for 26/ share. I see the potential for much higher stock prices for GZFX. The fact that GZFX provides video games for rental gives a significant advantage over netflix, allowing it to have potential for a larger customer base. Will that ever happen? who knows, netflix is a solid company that has been doing great since its debut in 99'. GZFX is a newer company that started in 03' and has had significant sales growth in the recent years. I don't think we will ever see this one up with Netflix at 26.00. But with out a doubt i see potential for it being much higher than it is right now at .0082.
Netflix offers 50,000 titles with a market cap of 1.46 billion. GZFX offers 30,000 titles with a market cap of just 7.59 million. I see much room for growth for this company.
Heres some recent financial growth charts and the price action chart.
-fousc
Business model looks very intrigueing...if they can get their spending under control this company could take off! I will definately have this on my watch list!
This is just skyrocketing and is obviously going to continue for sometime. Im in for more shares tomorrow got in at a good position at .0070! The potential is definitely there to be a 1.00 stock by 06.
9:22am 10/19/05 GameZnFlix Announces Investor Update Webcast - Market Wire
2:28pm 10/18/05 Warren 'Skip' Wheeler, CEO of Gulf Petroleum Exchange, Inc., Talks with Traders Nation -- Multifaceted Revenue Points, Joint Ventures, New Innovative Processes, Property Acquisitions, No Debt - PrimeZone
9:09am 10/18/05 GameZnFlix to Offer Xbox360 Titles on Day One of Release to the Video Game Market - Market Wire
3:52pm 10/06/05 Michael L. Weiner, CEO of Biophan Technologies, Inc., Talks with Traders Nation -- Lions Market Share, Percentage Revenue Model, Sub Licensing, Majority Interest in Other Devices, Large Patent Holdings, Nimble Market Presence - PrimeZone
10:22am 10/05/05 Circuit City to Offer GameZnFlix's Online Video Game and DVD Rental Program - Market Wire
9:00am 09/30/05 GameZnFlix Engages Baker & Taylor, Inc. to Supply Expanded Product Lines - PrimeZone
7:00am 09/29/05 GZFX Provides Update in Exclusive Interview With WallSt.net - PR Newswire
SORRY I THOUGHT YOU WOULD BE ABLE TO CLICK ON THE LINKS ....... :-[
Here are the terms to the agreement with circuit city and GNFX. If this deal pans out it will be huge for the growth and advertisement of GNFX as well as the stock price.
Basically its a trial contract set forth to measure potential performance, lets hope it works out.
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 4, 2005, the Company entered into a Services
Agreement with Circuit City Stores, Inc. (see Exhibit 10). Under the
terms of this agreement, the parties will run a pilot program, to
commence on November 1, 2005 and ending on January 15, 2006, in 17
retail stores and on the Circuit City website to promote the service
offered by the Company. If the pilot program is deemed a success by
both parties, the parties will expand the pilot program to the
remaining approximate 600 retail locations of Circuit City in the
United States by adding 55 Circuit City stores per month. Under the
terms of this agreement, the parties will share in the revenue from
the sale of Company memberships through Circuit City.
I plan on buying in sometime before Nov 1st and will continue to hold for long term, depending on the success/failure of the circuit city deal.
-fousc
End of day chart
End of the day chart.....
MACD is Bullish
Stochastic is neutral
Recent CandleStick Analysis Very Bullish
Oct-28-2005 Homing Pigeon
GZFX says that www.circuitcity.com will have GZFX on their national site by tomorrow.
Circuit City will advertise on the site for GZFX.
Based on this new information, I bought .0085 for a quick trade.
Still believe the fundamentals are not good, but may hold until the Circuit City website shows GZFX. And management says the 20th is a key date for them too.
Will be watching closely and may sell at any time because I do not like the company. But, they are pennies for a reason.
GZFX says that www.circuitcity.com will have GZFX on their national site by tomorrow.
Circuit City will advertise on the site for GZFX.
Based on this new information, I bought .0085 for a quick trade.
Still believe the fundamentals are not good, but may hold until the Circuit City website shows GZFX. And management says the 20th is a key date for them too.
Will be watching closely and may sell at any time because I do not like the company. But, they are pennies for a reason.
8)
+3.85%.....Volume @ 101,936,700
been in this one long and strong! I'm not selling any of my shares...WAY to many good things going on ,,,,here is a post from a board
What a great observation about the # of days volume- had not thought of that...
They are linked ON THE HOME PAGE of the CC website- that is so huge! The guys working at one store are on the gzfx board and saying it is really getting promoted...
the circulars go out mid Nov for promotional purposes and if the roll out is good to go they add 55 stores a month - on top of the current 17...
They will unveil the new website anytime now too......
Add to that, the chart looks great!
:)
its getting talked up big time the deal with circuit city and much more
just a heads up ...oh yeah its up today too!:)
we just went though the 9's ! big resti now knocked down ...this is going to fly imo
looking for over a penney here today imo ;D
I'M LOADED UP BIG ON THIS ONE THIS IS A POST FROM ANOTHER BOARD...BUT TRUST ME ITS WELL WORTH THE LOOK.......IT SEEMS THE CIRCUT CITY DEAL IS GOING GREAT
JUST LOOK FORYOURSELF
IF YOU WERE THINKING ABOUT BUYING GZFX ...HOPE THIS HELPS
GOOD LUCK AND TRADE ON!
http://www.investorshub.com/boards/read_msg.asp?message_id=8441257
DON'T MEAN TO SOUND PUMP-IE HERE...BUT THIS IS GREAT FOR THOSE OF US WHO ARE OR WILL OWN THIS STOCK ;D
Hey rebel,
Ive noticed you've started about 5-6 posts on GZFX. I would suggest that you stick to one thread per stock. Posting multiple threads,especially 5-6, is like spamming the boards. A way if you have something that your excited about to post on like this one you posted here is that you can change the title of your original thread to the current news that you are posting about. GZFX is also under the previous 3SOF board if you want to take a look there as well.
good luck trading,
-fousc
You are right fousc, i noticed that too... 6 threads of GZFX started by rebel ...don't do that rebel, it is better if you stick to just 1 thread ... please feel free to search before making a new thread... its very simple, just type the SYMBOL in the search area & click search & it will take you to the thread that you looking for.. ;)
Here are the list of the THREAD of GZFX you've made:
1) GZFX THIS IS A MUST READ !!!!! IF YOU HAD ANY ? ABOUT GZFX..LOOK INSIDE
2) GZFX news out today up
3) GZFX PAST NEWS NOV 1 COMMING UP FAST
4) GZFX still holding some of the 300+% from wendsday! great buy op here look
5) GZFX GETTING UP STEAM UP TODAY...NOV 1 COMMING SOON....!
6) heres something on GZFX ...from a another board ..im in long and strong !
One more thing rebel, if you want to make a new thread ... can you please just put the stock symbol as the title of the thread... because...
Quote from oct. 19, 2005
You know sometimes the problem here they posting subject that gets outdated very fast..
Example #1:
1.) CTUM.OB 7m float insider buying! (pretty soon CTUM will be 8m float, or 6, 9 and so on that is why sometimes others are forced to make new thread)
Example #2:
2.) MOTG...up 40% (this one is up 40% 11 days ago... why not make a subject that last as long as the stock exist or just simply put "MOTG" the main subject the ticker itself)
Example #3:
3.) CGPN-up over 160% on news (this one is up 160% a month ago--- that will be confusing with newbies or new to this website)
1) PHBT pure water play (this one is an example of long lasting subject...forever i believe as long as the stock is here)
2) My pick on CYAD (good subject)
3) MBAH-triple bottom (bad subject)
4) XSNX up 100% today, why? (bad subject)
5) SWKJ.OB – On High Alert... (this one was ok)
I GOT ALL THESE SUBJECTS FROM PENNY STOCK PICKING....
If we could just change the main subject (the very first post) there will be no problem ...maybe Ramsburg can help
Points well made terlisa..........
-fousc
it seems i not the only one who post more than once about the same stock on here...i dont see it as a big prob
but it seems to be a real hot button
and for posting up some good..(some not so good cant pick them all)
i now have a -5 by my name and im listed as a newbe now !hmmm i was a heavy trader not that it matters.....but that seems petty to me that your raiting would be droped down for posting...so i'll tell yall what i just wont post in here again
i have listed some good picks in here before and i hope some have made money from them
but i can find better boards to post in if this is such a big deal...and you get hunted down for doing it
i see your point but better to know about a great time to buy a stock imo than not
so with that ...........................
The reason you are now a newbie rebel is because ramsburg decided that he was going to rollback anyones post # to 0 if they were abusing the use of smite. Apparently you were one to do so. Good luck on your search for a new board that better suits you.
regards,
fousc
i used the smite button because one person here they know who they are...came to most of my post and like clock work my rating droped every time....hmmm....so as they talked crap about how i posted i seen my raiting droped so i returned the fav......this is the same person who was crying about the use of the smite button! but they must be a good azz kisser so i 'll lose that one i guess
but no really its been fun hope you'll make money
but for the one who cryed about me using the smite button .....dont use it ..less it be used on you
say what you want ..but i was just helping and being helped here ...but il keep my picks to myself
and i belive i was being called a pumper???? well if posting stock news and imo picks is pumping hell then i guess i am !
but then aint we all
Quote from: rebel1860lee on November 10, 2005, 11:38:18 PM
DON'T MEAN TO SOUND PUMP-IE HERE...BUT THIS IS GREAT FOR THOSE OF US WHO ARE OR WILL OWN THIS STOCK ;D
Rebel1860lee:
My First and Last warning to you:
Stop this kind of posting here at 3SOF (right now).
best regards,
Forget the warning Rebel... I've just read the rest f your posts here, and I'm afraid you can't be part of the 3SOF community.
- You have abused from the Smite button
- You are always repeating the same pumping posts
- You have been aggressive with other members
- You have some problems socializing in our community
- Your rating is going down with fair smites, proving that 'm not the only one with this opinion.
You'll get a permanent ban on 3SOF.
Best regards,
Ramsburg...I wish we had an applaud "icon" because that was GREAT !!
Applaud Terlisa and Fousc also !!
:D 8)
RJ
I feel sorry for rebel, but you're dealing with the Administrator now.
Posted here today......
http://www.3stocksonfire.org/trading/index.php?topic=3282.45
Do you want some Volume... :o
Great day !
Happy to have found this MB thread! = Hello All =
"I normally don't swing trade with penny stocks, but at $0.0183/share (10K share = $183 ! :D) I may take a look at GZFX.OB tomorrow also especially with 456,896,461 (can this be true? Yes it is!) shares traded and $0.0042 (29.79%) gain."
At this price, I certainly can afford to "speculate" the heck out of this stock. ;)
I am in at $0.0199 - $0.02.
I will redirect the traffic from "swing trading" MB thread here for "consolidated" viewing of information:
http://www.3stocksonfire.org/trading/index.php?topic=3635.75
Up 30% already today!!!
http://biz.yahoo.com/iw/051114/0101174.html
(11th post from top)
http://www.3stocksonfire.org/trading/index.php?topic=3635.60
GameZnFlix Now Offers Over 40,000 DVD & Game Titles to Its Members
Monday November 14, 1:16 pm ET
FRANKLIN, KY--(MARKET WIRE)--Nov 14, 2005 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video game and DVDs for rent or purchase, announced today that it now has the capability to rent over 40,000 titles to its members.
ADVERTISEMENT
"Through our relationships with vendors like Video Products Distributors, Inc., we have been able to secure the ability to have an even larger base of titles, and make them available to our members," said Donald "Chip" Gallent, president.
Tom Kielty, Senior Vice President of Sales and Purchasing for Video Products Distributors, Inc., adds, "We are extremely pleased to be associated with GameZnFlix. Their commitment to providing online subscribers with a wide spectrum of entertainment for the whole family is a exciting endeavor that we are thrilled to be a part of."
Video Products Distributors, Inc., based in Folsom, California, is one of the nation's leading wholesale distributors of pre-recorded DVDs and related products. Video Products Distributors, Inc. has been working with GameZnFlix since July 2005 by supplying both DVDs and games to the company.
GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
;D
There seems to be a lot of intrest in this equity.
I have been accumulating GZFX for the past 3 weeks. It looks great technically and the business model is excellent. All they need to do is to execute the plan well and this will be a winner.
Lots of room to move up with the association with Circuit City. With the Holiday buying season upon us this company is going to run long and hard. IMHO
This thing is gonna go huge. Have you seen the circuit city website? Nov.20 the circuit city holiday flyers get mailed out (100,000,000 or so) and this company will be on it! If you're not in, where have you been?
Technicals
Record Price High
Most Actives
Record Price Break Out
Stochastic - Bullish
Percentage Gainer
The Golden Cross is about to take place. The 50 dma crossing over the 200 dma
WOW!!! setravis you just let the cat out of the bag!!!! ;D
I found the Nov 20 Circuit City weekly flyer and THERE IT IS on page 5!!!
And it's in the SAME ISSUE AS THE RELEASE OF THE NEW XBOX 360!!! This is "DIVINE" intervention for GameznFlix!!! WOW!!!
Here is what you see when you click the Circuit City/GameznFlix link:
(http://www.circuitcity.com/ccd/genericContent.do?BV_EngineID=cccfaddgfjihlmjcfngcfkmdffhdfgo.0&oid=137784&BV_SessionID=%40%40%40%402005589368.1132680659%40%40%40%40&BV_UseBVCookie=yes&WT.mc_n=132976&WT.mc_t=U&cm_ven=INTERNAL&cm_cat=MERCHANDISING&cm_pla=LANDINGPAGE-%3ENA&cm_ite=56846%20GAMEZNFLIX_VURL&cm_keycode=132976)
And this is GameZnFlix homepage:
http://www.gameznflix.com/
Quote from: LiveLife on November 22, 2005, 12:03:58 PM
WOW!!! setravis you just let the cat out of the bag!!!! ;D
I found the Nov 20 Circuit City weekly flyer and THERE IT IS on page 5!!!
And it's in the SAME ISSUE AS THE RELEASE OF THE NEW XBOX 360!!! This is "DIVINE" intervention for GameznFlix!!! WOW!!!
And good old team work. :o
Applaud your work....here and also on the NVAX board. ;D
Outstanding work!!! ;)
Thank you and you are VERRRRRRRRY welcome!!! ;D
= Team Work!!! =
setravis,
I've been wondering, if GameZnFlix is now Circuit City partner (see picture below), does that mean that GamesZnFlix link will appear on "EVERY" Circuit City weekly flyer and website???!!!
This is HUGE!!!
Yes, GameZnFlix has permanent link on Circuit City "Home > Services" page!
http://www.circuitcity.com/rpsm/oid/117127/rpem/ccd/genericContent.do
GameZnFlix doing the "right thing" with the console gamers!
http://www.marketwire.com/mw/release_html_b1?release_id=98294
GameZnFlix to Offer Xbox360 Titles on Day One of Release to the Video Game Market
FRANKLIN, KY -- (MARKET WIRE) -- 10/18/2005 -- GameZnFlix, Inc. (OTC BB: GZFX), an online provider of video games and DVDs for rent or purchase, announced today that its primary distributors will have rental inventory of Xbox360 titles to GameZnFlix for delivery to its members beginning on Tuesday November 15th.
"Our gamers are ready for this hot new platform," said Donald "Chip" Gallent, president of GameZnFlix, Inc. "You can login to GameZnFlix.com right now and begin placing Xbox360 games in your queue - as soon as they're released to us we will ship them out."
The Xbox360 console will be on store shelves beginning Tuesday, November 22nd. GameZnFlix is making the titles available in anticipation of the release so that their members can have the games in hand ready to play when they receive the new console.
GZFX tracked on German(?) stock trading site! (I used Google "translate" feature, and content may contain grammatical errors)
http://translate.google.com/translate?hl=en&sl=de&u=http://www.finanznachrichten.de/nachrichten-aktien/gameznflix.asp&prev=/search%3Fq%3Dgameznflix%26hl%3Den%26hs%3Dflc%26lr%3D%26client%3Dfirefox-a%26rls%3Dorg.mozilla:en-US:official
Here's their coverage on "Podcast":
FRANKLIN, Ky., June 21/PRNewswire FirstCall/-- GameZnFlix ( message ), Inc.. (BULLETIN BOARD: GZFX), to on-line provider OF DVDs and video games for rent or purchase, today announced that it has become the exclusive sponsor OF "DVD Weekly" -- A weekly podcast program covering hot DVD release and news.
"DVD Weekly's popularity is surging -- the show is fantastic and they provide excellent content and commentary about DVDs," said chip Gallent, President OF GameZnFlix, Inc.. "DVD Weekly has produced less than A dozen shows and is already topping more over 1.000 downloads by show."
Podcasting of enables independent producer ton create self published, syndicated "radio" shows in A way that users CAN subscribe ton of audio feed and receive new audio files automatically tons their computers or portable audio more player. Users CAN thus directly down load and would list tons of thesis shows from their websites. DVD Weekly is available RK http://www.dvdweeklypodcast.com/.
"We're growing nearly and GameZnFlix is A great partners for our show because they offer tons our listeners what we're talking about -- DVDs and the the news surrounding the best releases," says Don Schockow, great CO host OF DVD Weekly. "incoming goods of acres so excited ton have them on board and look forward ton the synergies incoming goods CAN more offer one more another."
Quote from: LiveLife on November 22, 2005, 01:42:55 PM
setravis,
I've been wondering, if GameZnFlix is now Circuit City partner (see picture below), does that mean that GamesZnFlix link will appear on "EVERY" Circuit City weekly flyer and website???!!!
This is HUGE!!!
Quote from: LiveLife on November 22, 2005, 01:55:44 PM
Yes, GameZnFlix has permanent link on Circuit City "Home > Services" page!
http://www.circuitcity.com/rpsm/oid/117127/rpem/ccd/genericContent.do
That's what I'm talkin bout !!! ;D
More work diggin up info LiveLife = another Applaud. ;)
This is off Netflix support site, and if the second comment in bold is a representation of users sentiment, then GameZnFlix has a great shot at increasing market share of this ever increasing market!
http://www.hackingnetflix.com/2005/10/gameznflix_offe.html
GameZnFlix Offers Xbox360 Games
GameZnFlix announced that they will be renting Xbox360 games in time for the November 22nd release.
"Our gamers are ready for this hot new platform," said Donald "Chip" Gallent, president of GameZnFlix, Inc. "You can login to GameZnFlix.com right now and begin placing Xbox360 games in your queue - as soon as they're released to us we will ship them out."
Netflix does not rent games, but Blockbuster's monthly coupons can be used to rent games in stores.
October 19, 2005
Just for the record, Gameznflix is taking HUGE strides and I guarantee it puts netflix out of business in the next year or two. Gameznflix will be offering music and book rentals as well soon. This site is cheaper and more efficient.
Posted by: Michael | November 05, 2005 at 11:09 PM
GameZnFlix supporting US military personnel by offering discounts! (Blue oval)
Military.com is a Monster.com company (red oval):
http://benefits.military.com/misc/DC/DealCategories.jsp?cat_id=304
Repost from marketmillionaires MB, thanks forabuck for the post!
http://www.marketmillionaires.com/showthread.php?t=255&page=24&pp=15
"... CC [Circuit City] needs to compete with Best Buy, therefore it needs to have a competitors stance on every product out there. So if BB has netflix, CC will have GZFX.
And when this happens, it will be a life changing experience for all the people that held the stock instead of cashing in on quick profits.
There is so much going on with this company and there is nothing remotely negative. The charts looks good, its marketing looks good, its getting pub from xbox, cc you name it and everything is on the upside...."
Here is an exerpt from their 8-k filing regarding the Circuit City partnership:
http://www.sec.gov/Archives/edgar/data/1099234/000109432805000215/games8k100505.txt
"On October 4, 2005, the Company entered into a Services
Agreement with Circuit City Stores, Inc. (see Exhibit 10). Under the
terms of this agreement, the parties will run a pilot program, to
commence on November 1, 2005 and ending on January 15, 2006, in 17
retail stores and on the Circuit City website to promote the service
offered by the Company. If the pilot program is deemed a success by
both parties, the parties will expand the pilot program to the
remaining approximate 600 retail locations of Circuit City in the
United States by adding 55 Circuit City stores per month. Under the
terms of this agreement, the parties will share in the revenue from
the sale of Company memberships through Circuit City."
Full filings link here:
http://yahoo.brand.edgar-online.com/default.aspx?cik=1099234
I subscribed to GZFX earlier this year and the service was horrific. Hopefully they've gotten their act together. That's what will make or break this company.
Another 500+ million share day!!!
Kublakhan, yes, GameZnFlix was "rough" last year and earlier this year, but they are making some nice strides. What they did for XBOX 360 was "super!" and partnership with Circuit City will only increase public exposure and revenue (CC and GameZnFlix will split the revenue from CC web referrals).
Repost from Yahoo MB - Thanks bigomaha21 for the post!
just waited in line outside of cc for 1 of 30 xbox 360s, they only sold it as a bundle with gameznflix service. Also the news was there covering it also talked about gameznflix...so thats one store sold 30 X Box 360s/Gameznflix so far today.....
Great update also coming off the GZFX board is they have contacted CC web team and they have confirmed that the new spot under services were the GZFX banner is, will not be taking down. WOW!
http://www.circuitcity.com/rpsm/oid/117127/rpem/ccd/genericContent.do
Also members on the other boards have been calling the CC stores demanding GZFX!!
And pictures to come soon of GZFX flyers being handed out on the streets. Great work guys!
What a way to work
Here are some recent (last two weeks) reviews of GameZnFlix and Netflix at dvdrr.com
As indicated by the number of posts, GameZnFlix appears to be more popular:
http://www.dvdrr.com/reviews/GameznFlix.html
http://www.dvdrr.com/reviews/Netflix-US.html
XBOX frenzy has already started, and will only fuel demand for GameZnFlix service!
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh34962_2005-11-22_23-25-25_n22411425_newsml
UPDATE 1-New Xbox in short supply, gamers want premium unit
Tue Nov 22, 2005 06:25 PM ET
(Updates eBay sales and average price)
By Lisa Baertlein and Nicole Maestri
LOS ANGELES/NEW YORK, Nov 22 (Reuters) - Graduate student Christopher Thompson set out early on Tuesday morning with the goal of taking home a new Microsoft Xbox 360 video game console and was one of the lucky ones to succeed.
Thompson, 27, was sixth in line when he showed up at 4 a.m. at a Costco in Santa Clarita, California, north of Los Angeles. A winning raffle ticket let him snatch up one of 48 Xbox 360s in the store.
"I feel great that I have it, but I feel bad that people who were there before me didn't get one," he said.
The sleek white machine from Microsoft (MSFT.O: Quote, Profile, Research) is the first of a new generation of gaming consoles that offer more power, nearly movie-quality graphics, and connect gamers over the Web and to their computers and music players.
Retailers, who would not reveal how many units they received for the North American debut of the Xbox 360, reported widespread sell-outs on the system, which is the first from a major console maker in four years.
By the early afternoon in California 2,300 machines had traded on auction Web site eBay (EBAY.O: Quote, Profile, Research) for an average of price $660. The new Xbox sells for $400, with a 'core unit' derided by some hard-core gamers because it lacks a hard drive to let it play older games, going for $300.
With millions of XBOX 360 that will be sold, demand for GameZnFlix will only climb!
http://biz.yahoo.com/ap/051122/precious_xboxes.html?.v=5
Internet retailer Amazon.com Inc. and the Web sites for Circuit City Stores Inc., Best Buy Co. and Wal-Mart Stores Inc. all listed the consoles as being sold out Tuesday. Best Buy spokesman Jay Musolf said the company also sold out...
Microsoft has said it plans to sell 3 million of the new Xbox 360 consoles worldwide within 90 days of its launch.
The Redmond company has said it is producing Xboxes as fast as it can, and that there aren't any production problems. Some retailers have said they expect to be able to restock their shelves weekly between now and the holidays, although most won't divulge how many consoles they will get each week for competitive reasons.
http://biz.yahoo.com/iw/051123/0102130.html
GameZnFlix Began Shipping Xbox360 Titles on November 15th
Wednesday November 23, 9:00 am ET
FRANKLIN, KY--(MARKET WIRE)--Nov 23, 2005 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video games and DVDs for rent or purchase, announced today that it began shipping Xbox360 games as scheduled on November 15, 2005.
ADVERTISEMENT
"Our members began receiving the new games as early as Wednesday. We are continuing to add new titles each day as 18 titles are released during November," said John Fleming, Chairman/CEO of GameZnFlix, Inc. "We are watching the demand each morning and are updating our ordering systems to keep ahead. Our suppliers are working closely with us in this process."
The Xbox360 console is now on store shelves as of midnight. GameZnFlix began making the titles available in anticipation of the release so that their members can have the games in hand ready to play when they receive the new console.
For "regular" swing trading posting, you can browse here:
http://www.3stocksonfire.org/trading/index.php?topic=3635.90#msg34754
Repost from swing trading MB:
Now to the crazy and exciting realm of "fractional daytrading!"
With more than "doubling" gain of GZFX.OB the last two days, profit taking was more than anticipated. GZFX dipped to $0.0170, but rebounded to $0.0185.
Yes, call me nuts, but I bought 1 million shares of GZFX at $0.0175 - $0.0177 to do "fractional daytrading" where 1/10th of penny = $1,000. Yes, this is one "heck" of a way to day trade, but $0.0015 gain = $1,500 on 1 million shares.
=I DO NOT recommend fractional daytrading to anyone! It is very volatile and you MUST have very STABLE and FAST internet connection!!! =
If you speculated with GZFX (with money you don't mind never seeing it again), I would hold for long term gains (I would say for now $0.03 - $0.10 as the near future sell target).
I pasted GameZnFlix and Circuit City intraday charts to compare with Netflix, Blockbusters and Best Buy.
As GZFX rebounded in the afternoon, NFLX, BBI and BBY seem to have dipped. Who knows if this means anything, but I must be "nuts" to buy 1 million shares of GZFX, right? ;)
Have a nice Thanksgiving everyone!
Quote from: LiveLife on November 23, 2005, 05:04:37 PM
Yes, call me nuts, but I bought 1 million shares of GZFX at $0.0175 - $0.0177 to do "fractional daytrading" where 1/10th of penny = $1,000. Yes, this is one "heck" of a way to day trade, but $0.0015 gain = $1,500 on 1 million shares.
LL,
How long do you plan to hold on to GZFX? And what is your exit point (e.g. stop sell, sell limit, etc)?
rurouni,
I posted that I will do "fractional" daytrading. So, I will buy/sell intraday. If the gain activity looks good, I will hold through the next day.
Those that are "speculating," I would recommend that you hold til $0.03- $0.10 range.
Here's GZFX TA.
Thanks hhhhh430us!
http://biz.yahoo.com/iw/051123/0102196.html
GameZnFlix Acquires Game Inventory of Gamechoice.com
Wednesday November 23, 11:42 am ET
FRANKLIN, KY--(MARKET WIRE)--Nov 23, 2005 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVDs and video games for rent or purchase, and Gamechoice, LLC, an online provider of video games for rent, today announced that GameZnFlix, Inc. has acquired the inventory of Gamechoice, LLC (approximately 2,750 copies) for an undisclosed sum.
ADVERTISEMENT
As part of the agreement, Gamechoice.com members will be offered the opportunity to become GameZnFlix subscribers.
"This is a great acquisition for GameZnFlix in that we are acquiring thousands of great video game titles to further expand our rental inventory and having the opportunity to gain new members," said Donald "Chip" Gallent, President of GameZnFlix.
"We recently had some unfortunate technical problems with our system and this interrupted service to our members," said Matthew Shafeek, CEO of Gamechoice. "GameZnFlix gave us an opportunity to quickly reestablish service to our customers by not only offering them the same access to games, but adding DVDs as well. Under the agreement, our members will be given a free month of service when they signup at www.gameznflix.com."
Hi LL and WD,
As a newbie and one trying to learn from the more experienced ones I do enjoy LL posts. The way I see it, as long as a post is full of subtance, supported by technical/fundamental analysis and/or logical reasonings of why it is believed to be a good/bad buy/sell then it is not pumping. The person truly believes his/her analysis.
I have seen someone using 3 different handles (check one of the SIMC thread) trying to pump a stock here before and the reasoning of why it is a good buy was "because there is buying pressure" without charts, links, etc to back up his claim. Now that is B.S.
Happy TG,
Wayne
I found this interesting link regarding XBOX and Circuit City:
http://news.com.com/2104-1043_3-5961443.html?tag=st.bp
Xbox 360 mania slams Circuit City site
http://news.com.com/Xbox+360+mania+slams+CircuitCity.com/2100-1043_3-5961443.html
Repost from Raging Bull MB:
Posted by: Brytex
In reply to: Brytex who wrote msg# 37626
Date:11/23/2005 4:09:23 PM
Post #of 42213
Here's the new Thanksgiving CC insert...
Gameznflix is featured on two pages this time.
Posted by: Brytex
In reply to: Brytex who wrote msg# 41924
Date:11/23/2005 10:59:30 PM
Post #of 42252
CLARIFICATION AND APOLOGY!!!
The circular pictured below is not for Thanksgiving day, as I had previously posted.
Instead it looks to be the one for this weekend's newspaper.
My humblest apologies to the entire board for this error.
FF4, though I erred, thanks for giving me the benefit of the doubt.
Brytex
Repost from Raging Bull MB:
Here's GameZnFlix management lineup. October 25th Conference call link here:
By: chicagostock 23 Nov 2005, 10:11 PM EST
http://viavid.net/vvdce/U76650/E00002A28.asx
Repost from Yahoo MB:
Some homework on gzfx, cc
by: zen_reflection (26/M/Omaha, Ne)
Long-Term Sentiment: Strong Buy 11/23/05 09:44 am
Msg: 73469 of 73573
Do your own investment homework. My thoughts are my own; I provide them to clarify the pro/con position of CC and GZFX for myself alone. I share them to give a point of further research for someone else. Good luck.
I still state that CC will continue to be around $20-25 this holiday season with a january effect drop back down to the high teens until mid summer. What I'm underestimating are the strength of DVD sales and the appearance of xbox360 marketing. If Sony does the same thing with their marketing in spring 2006 and CC continues to capitalize on both Sony and Microsoft's gain in DVD rentals and sales, then we could see CC in the twenties for most of 2006 with a target of $28. It'd take something incredible to push them to $30.
My previous position of a GZFX target of 0.05 by the end of the year is looking to happen. I still believe that pending an agreement by CC for a longer term deal that GZFX could reach 0.50 and if the business plan pitched at the investor's conference is well executed,then a target price that pushes upwards of $5-$10 even without a possible reverse stock split. It all depends on how Q4 2005 looks.
A death knell for GZFX would be losing the deal with CC.
Privately, I wonder if GZFX has the markings of a 5-10 dollar stock. NFLX continues to hover at $29 with a market cap of 1.59B. GZFX shows an existing market cap of 18.87M.
Signs of a stronger position for GZFX would be the release of more information regarding the success of their xbox360 offering, as we will see a repeat of this with Sony and Nintendo in 2006.
http://biz.yahoo.com/iw/051123/0102130.html
Signs of weakness would be
1. public disclosures of inability to meet shipments. There have been no disclosures.
2. signs of a bad relationship with CC. None seen.
3. Technicals that don't add up. A 5% overhead on the last investment go around is something to keep an eye on, but it isn't unreasonable.
4. Fundamentals that change. Deviation from the stated business plan would be something else to keep an eye on.
There'll likely be a sell off at 0.03, witha drop back to 0.02 once or twice, and then there'll be momentum to push 3 to 4 after thanksgiving to pre-christmas.
Thanks bb72mo for the link from Raging Bull MB:
23 Nov 2005, 10:41 PM EST
http://www.marketwatch.com/tools/industry/focus.asp?siteid=mktw&bcind_ind=ncy&bcind_period=3mo
Thanks bb72mo for the link from Raging Bull MB:
23 Nov 2005, 10:57 PM EST
http://kiplinger.stockgroup.com/sn_newsreleases.asp?symbol=GZFX&newsid=5501430
www.MarketGainer.com: Market Gainer Releases Profile for GameZnFlix Incorporated
Nov 23, 2005 (M2 PRESSWIRE via COMTEX) --
MarketGainer.com strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. MarketGainer.com has identified the following company based on these issues.
GameZnFlix Incorporated (OTCBB:GZFX) is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 30,000 titles. With four different membership levels, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates, or members can purchase video games and/or DVD movie titles at a membership discount.
Company Shares of GameZnFlix Incorporated slithered up 4 percent in trading today from the previous close $0.0204. Rising up $0.0008, the current value sits firmly at $0.0212. Today the company boasts high volume with over 64 million shares changing hands. This company shows strong past trades with a steady progression in the 5 day chart. Recent buzz in trading is triggered by the company's announcement of preparation for a busy retail season.
Thanks chicagostock for the link from Raging Bull MB:
23 Nov 2005, 11:39 PM EST
"Ever get tired of spending countless hours searching for something on the Web?
I did. That's why I created this Quick and Easy comparison guide of Video Game Rental Clubs"
http://www.video-game-rental-easy-comparison.com/?source=GO020911
Thanks jackdogva for the post from Raging Bull MB:
24 Nov 2005, 12:31 AM EST
Msg. 162552 of 162631
Jump to msg. #
Just at thought....
I live in the hometown of Circuit City and closely follow their moves...always just ahead of, or more often in response to Best Buy....one doesn't do something without the other duplicating it. Best Buy has Netflix as a "partner site" on their web site and in stores. Circuit City has countered with a "trial" of Gameznflix....it is obvious that they are going to partner with someone.....why would anyone think that they will bag Gameznflix and then give another company a "trial"?....this would be VERY confusing to their customers and they don't want to create confusion.
So,
1. They are going to partner with an online movie (and game!) company to match and actually one-up Best Buy.
2. They have begun "trial" with GZFX
3. Continuity would be in their best interest.
4. Odds are outstanding then that partner will be GZFX.
This is the reason, I believe, for the unusual giddiness of the shareholders here. NOT FUNDAMENTALS IN PRESENT TIME....SPECULATION...as with all stocks. Many believe, and understandably so, that GZFX will be rolled out into all CC stores in 2006. If this is the case, yes even you bashers or self proclaimed "realists", where do you see the pps in FEB, APRIL, JULY of 2006?
Buy on rumor, sell on news, right? Won't then the pps continue to grow as we get closer to Jan 15 decision as "speculation" continues to grow that GZFX will be in all CC Stores. And if "it" then happens, won't earnings skyrocket year over year further growing pps?
So .10, .20, .30 sounds reasonable to some....why not?
ALL IMO...welcome responses.
Thanks ragingbull1955 for the post from Raging Bull MB:
24 Nov 2005, 12:43 AM EST
Msg. 162554 of 162631
(This msg. is a reply to 162552 by jackdogva.)
Jump to msg. #
You are on the money.
But the drop dead date is december 15th.
CC has 30 days prior to Jan 15th to back out per the contract with gzfx.
John fleming mentioned that cc wants the roll out early so this stock will increase the pps many many times over what people here think that it will go to.
Thanks robcabe71 for the post from Raging Bull MB:
24 Nov 2005, 12:49 AM EST
Msg. 162556 of 162631
Jump to msg. #
Shortsgotacover, remember, Gameznflix is a start-up, they've learned to walk, now there taking the fast-track to learning how to run. Buy now, come back in 3 months, and be pleasantly amazed.
By: robcabe71
24 Nov 2005, 12:51 AM EST
Msg. 162559 of 162631
Jump to msg. #
Food for thought is...
As per conversation(s) between GZFX CEO John Fleming and wallst.net, he stated that GZFX would be profitable at 15,000 subs, and as of that conversation they were in his words 'over halfway there'.
Well, John Fleming was stating that they were in talks of aquiring a company that already has 25,000 subs.
If today's news is of that company with 25,000 subs, i would only assume that the majority of those subs would continue service under GZFX.
So...
7,500 plus (GZFX subs) + 12,500 plus (at least half of GameChoice subs) = (being very conservative) 20,000 subs which means we are ALREADY PROFITABLE!
Oh yeah, and not to mention the new subs we've picked up by the CC partnership.
Two words... *Chah CHIIINNNNGGGG*
How many 'start-ups' do you know of in the otc.bb that are profitable? Food for thought.
Thanks firefight4 for the post from Raging Bull MB:
24 Nov 2005, 01:12 AM EST
Msg. 162587 of 162631
Jump to msg. #
oh shorty! MUST READ imo. Gameznflix vs Netflix and Gamefly......we all know that Netflix offers only movies. Gamefly offers only video games. Gameznflix offers the convenience of renting movies and games all under one roof. ....lets see, subscribe to Gamefly and Netflix which will cost you
14.95 for Gamefly to rent one game at a time(9.95 for the first month)
9.99 for Netflix to rent 1 movie at a time
for a total of 24.95 a month meanwhile.....
Gameznflix costs 16.99 a month to rent 3 movie/games at a time. So you are getting one more movie/game at a time for almost 8 dollars a month less than having seperate accounts with Netflix and Gamefly. Plus with Gameznflix you have the convenience of having everything from one company on one website.
Hold on, this gets even better, with Gamezflix you can sign up for an annual subscription for 249.00 and take out 6 movie/games at a time. Thats approx. 21 bucks a month meanwhile the Netflix and Gamefly combo will cost you almost 300 dollars a year for 1 movie and 1 game out at a time.
And, if you wanted to match the 6 movie/game scenario using Netflix and Gamefly it would cost 17.99 a month to rent 3 movies at a time from Netflix plus 21.95 a month to rent 2 games at a time from Gamefly(didn't see a 3 game option available on the website) for a total of 40 bucks a month and a total of 480 dollars a year to rent 5 movie/games at a time. Gameznflix gives you 6 movies/games at a time for only 249.00 a year! WOW!
Gameznflix proves to be a much better deal imo.
50 day Moving Average crossing 200 day Moving Average, the "Golden Cross"!!!
Repost from Raging Bull/Market Millionaires MBs:
There are many "right" things converging for GameZnFlix right now:
- Partnership with Circuit City (revenue is shared for CC linked new subscriptions, but this legitamizes GameZnFlix as a solid company soon on "national" basis with 600+ Circuit City stores and website)
- Launch of XBOX 360 - This is the "ultimate" for console gaming and as we have already seen, the demand and following is tremendous, the likes of Star Wars! I mean, people were "camped" out in front of stores to get their XBOX!!! These same gamers will drive the subcription with GameZnFlix to "fuel" their desire to play on the new XBOX (BTW, I posted on 3SOF the comparison chart of various game renting services and GameZnFlix has the "LOWEST" price!!!)
- Holiday Season and historical "bullish" market of Nov - January! What timing!!! Circuit City will be open at 5AM on "Black" Friday!!! All the kids and gamers are "SCREAMING" at their parents and grandparents for the new XBOX 360 for Christmas!!! And instead of spending $50 - $60 for each new game ($500 - $600 for just 10 games!!! Wow), parents/grandparents will see CC flyer advertising GameZnFlix that will allow their kids (and probably themselves like me) to play all the games they want for low monthly subscription price!!! What a deal!!!
- 50 MA is crossing 200 MA, the "Golden Cross" - With GZFX moving 400-500 million shares daily (I know, some of the volume is repeated daytrading buys/sells, but still very impressive). This crossing of 200 MA will trigger many new buyers to GZFX on Friday and next week. Many hedge/private fund managers are looking at the same market data about DVD/XBOX 360/Holiday Season/Bullish Market trends as we (individual "retail" investors/traders) are and thinking the same thing. With such a "huge" gain potential and "tiny" share price of sub-2 penny, many fund managers/investors will buy to not "miss out" on GameZnFlix potential.
- Many have fresh memory of Netflix going against the "brick and mortar" DVD/VHS movie rental houses and winning BIG. The buzz on Netflix (NFLX) MB is that GameZnFlix is doing the same thing to Netflix it did to Blockbusters, Warehouse, Hollywood Video, etc. Netflix only offers DVDs and movies. GameZnFlix offers DVDs AND Games, and soon books and music!!! Yes, GameZnFlix last year and early this year wasn't the "perfect" startup company (but who was? even Yahoo had very "humble" begining) and they have made some "significant" strides this summer and fall (I have posted October conference call link at 3SOF MB). Things are definately looking up for GameZnFlix right now, and this potential for growth is what we (money managers) should be looking at.
- Low share price. I mean sub-2 penny is CHEAP!!! Would things be different if GZFX was $1? or $5? If the share price was higher, I believe things would be even better because there are many Institutional/Money Managers that have $1-$5 restrictions. If GZFX was at $1-$5, we would see the Inst/MM jumping in big time!!! BTW, GZFX already have some Inst/MM/hedge/private fund ownership (I will post the chart at 3SOF after Thanksgiving dinner - getting ready to drive off to wife's uncle's) and this will only increase as days/weeks to come.
- Effective Management - I posted the GameZnFlix management line up at 3SOF MB, and as we already have seen, the CEO was successful in arranging the deal with Circuit City!!! Think about it, how was this small "online company" beat out other DVD/Game renter services to get Circuit City partnership??? Think about what GameZnFlix CEO presented to CEO of Circuit City. What did the CEO of Circuit City see that made him "CHOOSE" GameZnFlix over other more "established" DVD/Game renter services like Gamefly (which was probably the best, but costs more than GameZnFlix). Was it just subcription price? I don't think so. Gamefly and other services have not been able to "fully" service their customers.
Perhaps, with Circuit City backing, the two CEOs are planning to joint-venture a new "comprehensive" online DVD/Game/book/music rental service that will run away from the pack and give Best Buy/Netflix (with DVD only) a "one up" Who knows, but I am really pondering why Circuit City CEO/board would approve GameZnFlix over other companies, unless they saw something very positive and promising.
Well, I need to drive the family to Thanksgiving dinner now. Take care and have a nice Thanksgiving everyone!!!
I will post back this evening (I will be thinking about the Circuit City thing all afternoon) LOL
- John
??? ???
Hello everyone. I am new to this board but have been trading in micro and penny land for a long time now. I have to say. Whoever found this stock GZFX has found IMO a very good one. Not any little guys like this ( that I know of) have an outlet in any major store or any store for that matter.
Here is a question? I follow GZFX all day. What is going on with MM ARCA and GZFX. I have saw this MM now try to drive this stock down. Yesterday was another good example. He would come out of nowhere and from the ask position jump right on the bid price. Even when they were 3 or 4 setting on the bid at .0204 that would be the price he would ask. Of course this would push the bid price down and down. He has done that several days now. He lets it run just so high then here he comes. The only day lately he has not done it was Friday. A point to note is that he has so far never been around at the open. He comes in around 10:00AM EST or a litttle after that. So the stock up ticks really nice early. Then down it goes mainly being pushed by ARCA. I am setting thinking. If I see him do this just one time Friday. I am going to sell and watch him drive it down. Then buy it back. Have any of you all noticed this MM doing this or am I just being a little nuts.
??? ???
:o :o
Do not know if any of you all have seen this yet. So I will post it here. It came from another baord.
http://biz.yahoo.com/t/34/3837.html
This says that John Fleming is VP of Ford.
:o :o
:o :o
Look at what comes inside the Microsoft X BOX-360 box. Good old GZFX has a 1 month free trial subscribtion in it. The way I figure it. Microsoft might have bought all these subscribtions for GZFX already. If this is the case. I feel Microsoft seems to think we are for real.
http://cgi.ebay.com/XBOX-360-Platinum-Premium-Bundle-IN-STOCK-NOW_W0QQitemZ8236403387QQcategoryZ62054QQssPageNameZWDVWQQrdZ1QQcmdZViewItem#ebayphotohosting
:o :o
Quote from: Bart on November 24, 2005, 04:17:03 PM
What is going on with MM ARCA and GZFX. I have saw this MM now try to drive this stock down. Yesterday was another good example. He would come out of nowhere and from the ask position jump right on the bid price. Even when they were 3 or 4 setting on the bid at .0204 that would be the price he would ask. Of course this would push the bid price down and down. He has done that several days now. He lets it run just so high then here he comes. The only day lately he has not done it was Friday. A point to note is that he has so far never been around at the open. He comes in around 10:00AM EST or a litttle after that. So the stock up ticks really nice early. Then down it goes mainly being pushed by ARCA. I am setting thinking. If I see him do this just one time Friday. I am going to sell and watch him drive it down. Then buy it back. Have any of you all noticed this MM doing this or am I just being a little nuts.
Hi Bart, welcome to 3sof. I am just wondering where are you watching this? Level2quotes.com?
This is a great find! :D Thanks theslick56 for the link from Yahoo MB!
Hi all !
GZFX's CEO is the Vice President of Ford Motors and he owns 1 quarter of the O/S himself !:
http://biz.yahoo.com/t/34/3837.html
Go where the money flows !
= update =
I couldn't believe it, but thanks to gysgtsantiago (from Yahoo MB) found verification on Ford Corporate webpage:
However, I am still trying to figure out if these two are the same person. Can someone verify this?
http://www.ford.com/en/company/corporateGovernance/officers.htm
= update =
I did a google search and it appears that two John Flemings are "different" persons. Looks like Yahoo posted the info based on "same" name.
Thanks toysrusucks for the link from Yahoo MB:
Gzfx up 21% overseas (European markets were open on Thanksgiving, which is a US holiday only)
(Note: Yahoo must be rounding off fractional of penny, but the percentage gain up should tell the gain activity)
http://finance.yahoo.com/q?d=v1&s=GZFX.be
Thanks morrow95 for the link from Raging Bull MB:
24 Nov 2005, 07:03 PM EST
Circuit City - GameZnFlix bundle:
http://ragingbull.lycos.com/mboard/boards.cgi?board=GZFX&read=162879
Thanks luvnpeace2u for the link from Raging Bull MB:
24 Nov 2005, 04:30 PM EST
Circuit City XBOX 360/GameZnFlix kiosk:
Thanks luvnpeace2u for the post/links
http://ragingbull.lycos.com/cgi-bin/static.cgi/a=rules.txt&d=community
24 Nov 2005, 04:30 PM EST
GZFX WEBCAST HIGHLIGHTS...
17% of members request movies only.
66% requests both games and movies.
23% are pure gamers.
Ad Campaign:
Opt Email
Pop up ads
Sponsorship and Endorsement program.
Considering at Florida, Texas, Northwest, Midwest, and Hawaii.
CSTV agreement targeting college students going to campus in 20 major universities (Nov 1st).
Online advertising 10 - 20 million impression in the 4th quarter.
Male oriented websites: IGN, Hollywood, Mensfitness, Road & Track.
Advertising will not get ahead of inventory and growth!!
Redirecting to online marketing. No plans to move into TV yet. GOOD!
Market Research and development:
Direct download pay per view basis.
Revenue sharing to maintain all copyright in relation to inventory.
UK expansion moved to late 2006 to focus the circuit City opportunity.
17% of members request 100% movies on the gameside. 66% requests games and movies.
16.5 million of funding
75% will go to inventory
25% advertising
Reviewed by auditor
Operational Capacity:
New mailer performed better than expected.
Ship thousand of titles only 3 - 5 have been broken.
Delivery time now averaging 48 hours and 24 in the proximity of distribution.
Along with Ingram entertainment: Signed 2 new distributors: baker & taylor, VPD.
Inventory leveling like Netflix to pull out of stock inventory from the next closest distribution center
Prebooking titles (new releases) at minimum of 6 weeks stock.
Circuit City Relationship:
Store managers have been trained.
Significant store promotion
Products will be in store Nov 1st.
Gameznflix will also be online on CC website.
Gameznflix will be on the CC circular to 50-100 mil households
across the country (profit / membership projected to jump).
No Plans to going to Canada as of now.
Website makeover:
Updating website in the next few weeks.
Separate section for each platform.
Improving search feature with more options.
Cross-promotion in website.
Web infrastructure is in place ready for the spike.
Acquisition outlook:
Looking at all acquisition, other direct download companies, movie companies, game companies.
Thanks luvnpeace2u for the link from Raging Bull MB:
24 Nov 2005, 05:35 PM EST
Msg. 162853 of 163039
In case noone has noticed:
http://www.wallstreettape.com/messageboards/?ticker=GZFX
look at the most popular searches on that site all this week.
Thanks stealth2270 for the link from Raging Bull MB:
24 Nov 2005, 06:27 PM EST
GameZnFlix is traded on many world markets, like Netflix:
Thanks stockpick10 for the link from Raging Bull MB:
24 Nov 2005, 06:56 PM EST
http://news.com.com/2240-10755_3-0.html
Interesting post that may apply to stock trading in general. ;)
Thanks mrtrader1 for the post from Raging Bull MB:
24 Nov 2005, 10:53 PM EST
Msg. 162993 of 163040
Gzfx - Stage 2 Perhaps
A Penny Stocks Life or Market Cycles
Stage 1 - Accumulation. Stock is quiet, trading sideways and without a lot of volatility. Most everyone ignores the stock because it has no sizzle. Insiders hold large blocks of stock and quietly gear up for the distribution.
Stage 2 - Breakout. Volume jumps up, psychological barriers are broken. Insiders begin to tell their friends of upcoming significant fundamental change. Pros take notice and buy the stock on the coat tails of the well informed. The public ignores it because they have not read about the company in the paper yet. It must be a scam.
Stage 3 - Uptrend. As a larger audience learns of the company and its promise, more buying comes in to the stock and it begins to climb. Pros begin to sell, but slowly. Average investor begins to buy.
Stage 4 - Pullback. The stock has gone up too fast, and some profit taking arrives. The jumpy investor who got the entry timing right but lacks confidence in his or her decision sells the stock with a small profit, and smiles in the mirror. The Pro holds on, Average Investor looks through the newspaper to find justification for ownership of the shares.
Stage 5 - Resumption of the Uptrend. The pull back is short lived, and the stock bounces and continues higher. The wannabe regrets the sell, but provides self counsel on the merit of making a profit, albeit a small one. The Pro might sell a little bit more, but still holds the majority of the original position. The Average Investor is getting excited now, and thinks about what could have been if only he had bought when he first noticed the stock.
Stage 6 - Exhaustion of the Uptrend. The media takes notice, and communicates the company's merits to the masses. The masses buy the stock, and it goes up sharply with strong volume. The Pros sell with enthusiasm. The Average Investor owns it now, and is telling everyone who will listen. The wannabe Pro jumps back on, after all, he was smart enough to buy it when the trend started, so he knows the stock well. Will hope make it go higher?
Stage 7 - Gravity Works. Pro selling begins to weigh on the uptrend, and the stock fails to go higher despite high volumes. The stock starts to go down instead of up, and the Pro is almost sold out. The Average Investor continues to cheer lead, hoping to rally support. The wannabe ignores what the market is telling him, taking a loss is too painful to consider. The company is featured on the cover of a magazine.
Stage 8 - The Second Guess. The stock bounces and starts to go back up. The wannabe Pro averages down while the Average Investor gets back to advising friends of his stock picking acumen. Pros sell their remaining holdings and begin to look for another deal to play, or perhaps start short selling the stock.
Stage 9 - Out of Gas. The bounce is a fake out, and the stock moves lower again. The public own this stock, and they have no more power to buy. The Pro are making money on the short sales now, but are despised by the masses. Calls for short selling to be made illegal are made by the Average Investor, after all, the short sellers are the demons causing the sell off.
Stage 10 - Dead Cat Bounce. The Average Investor and the wannabe Pro have no pain tolerance left, and finally sell for a big loss. The short selling Pros are the only buyers to take the share off their hands, and provide the needed liquidity. The stock bounces, and some short term traders make a quick profit. The Average Investor either swears to never buy a stock again, or tells lively stories over drinks about the one that could have been.
Stage 11 - Post Mortem. Pros have forgot about the stock and are considering carpet samples for their new home in Florida. Average Investor continues to follow the company and buys loads of cheap stock to try and overcome the regrettable loss.
The stock market is mean. You can be a good analyst, but if you can't overcome the psychological traps of trading, you will do what the crowd does. To be successful, you have be one step ahead of the crowd, and trade with unemotional discipline. There are strategies to take advantage of each stage of the market cycle that can be applied just by looking at a stock chart. They just require a bit of knowledge.
Author Unknown
;D ;D
Check this out.
http://www.rentingdvdsonline.com/GameZnFlix-dvd-game-rentals.php
RUROUNI: I trade with Ameritrade and after you trade so much. They give you access to the streamer. The streamer will give you all the LII's on any OTCBB stock.
;D ;D
Bart, nice link!
I pasted the link content:
http://www.rentingdvdsonline.com/GameZnFlix-dvd-game-rentals.php
Thanks melvinthemopboy for the post from Raging Bull MB, same thing happened at my Thanksgiving dinner!
25 Nov 2005, 10:56 AM EST
Msg. 163278 of 163312
Proof enough for me
If this thing continues to be promoted properly and Circuit City continues its partnership I feel this company could make some serious noise. At my aunts for thanksgiving I told all the younger kids there about GameznFlix. No lie they ran into the other room and asked their fathers/mothers if they could dump Netflix and switch to GameznFlix. Their parents seemed shocked that you could get movies AND games for less money than Netflix charges. They all wrote down the website. Then after dinner while I was outside enjoying a coffee two of the fathers came up to me and said my mother told them I invested in the stock. When I told them it was under 2 cents they damn near shat themselves. They took down the ticker symbol and said they would be buying.
Now that is just one experience from one day. I'm sure conversations like that are taking place all over. If Circuit City and GameznFlix do this right they could have a HUGE winner here in my opinion.
Wow what a day for GZFX!!!
50 MA crossed the 200 MA, the "Golden Cross"!!!
With $0.0218 close and $0.0175 - $0.0177 buy in, that's about $0.004 x 1 million shares = $4,000+ gain!!! Wow!!!
With short trading day after Thanksgiving, today's volume activity was not representative of all the traders/investors that were away from their computers/offices. Monday looks to be very exciting for GZFX!
Good trading!
P.S. - We got 12 hour drive back home so I may not post until Saturday evening.
Have a nice weekend!
;D ;D
LiveLife I agree with you 100%. MM ARCA for the most part. Stayed out of the way today as he did last Friday. IMO if he stays out of the way. GZFX could really run. Here is the Berlin Exchange which opens at around 4:00am EST in Eroupe. This might give one a good idea of what we will do that day. They do not trade near the shares that are traded in the US.
http://finance.yahoo.com/q?s=PQJ.BE
Thursday GZFX was up 21.4% and this morning it was up over 11%. So for the two days it had a nice gain on the Berlin Exchange. We today had a gain of over .17%. We closed at the high today. Normally that is a good sign. I look for GZFX to have a very good day Monday.
;D ;D
Here is Barchart.com's Technical Analysis composite indicator:
http://quotes.barchart.com/texpert.asp?sym=gzfx
This is the new Circuit City weekly ad. As you can see, GameZnFlix is now showing on Games (page 34) and DVDs (page 38)! This exposure will continue "week after week" and "month after month" promoting GameZnFlix on a national level and GameZnFlix subscription will only increase.
http://weeklyad.circuitcity.com/circuitcity/Default.aspx?action=browsepagelarge&storeid=2396994&rapid=205766&pagenumber=34
http://weeklyad.circuitcity.com/circuitcity/Default.aspx?action=browsepagelarge&storeid=2396994&rapid=205766&pagenumber=38
GZFX is mainitaining its interest on MB searches:
http://www.wallstreettape.com/messageboards/?ticker=GZFX
GZFX moved up from 7 to 5 on Cnet's most searched term!
Notice that XBOX 360 is the "number one" searched term!
http://news.com.com/2240-10755_3-0.html
This indicates Microsoft wanting to "saturate" the gaming market with XBOX 360 to create a "huge" demand pool for XBOX 360 games. With over 5.5 million consoles to be sold by June 2006 now, XBOX 360 already beat Sony PlayStation 3 and Nintendo Revolution to the market by "monopolizing" this holiday season!!! Nice move on Microsoft.
Think about this. As each new console gaming units gets launched, online game rental services like GameZnFlix only stand to benefit as the cost of each game is $50 - $60!!! It will be very apparent to parents/gamers that annually, renting console games is "cheaper" than buying just a few games each year.
http://news.com.com/Microsoft+loses+money+on+each+Xbox/2100-1043_3-5970560.html?tag=pulse.pop
Microsoft loses money on each Xbox
By Reuters
Published: November 24, 2005, 8:20 AM PST
The cost of building a Microsoft Xbox 360 video game console is nearly 40 percent higher than the retail price, technology and microchip research company iSuppli said on Wednesday.
The firm estimated the total cost to manufacture and test a premium Xbox 360, the software giant's sleek and powerful new gaming machine, which debuted on Tuesday, was $552.27, compared with its retail price of $399.
Microsoft aims to sell about 5.5 million premium and lower-priced basic Xbox 360 units by the end of June. The machine will compete with the PlayStation 3 from Sony and Nintendo's Revolution, each due out in 2006.
Console makers have historically subsidized manufacturing costs by creating and selling their own video games and by collecting fees from publishers who make titles for their systems. Several new Xbox 360 games are priced as high as $60.
... The release of those machines is expected to reignite hardware sales growth. Crotty said iSuppli is forecasting 38.5 million video game consoles sold next year, up from 28.5 million in 2005.
Here's a website that has consolidated press releases and investment opinions about GZFX:
http://investor.news.com/Engine?Account=cnet&PageName=NEWS&Ticker=GZFX
http://www.smallcapcenter.com/snapshot_news.asp?page2=shownewsrelease&oldpage2=&ticker=GZFX&storyid=5499260&newspage=&coname=GameZnFlix%2C+Inc%2E+%28OBB+%3A+GZFX%29
GameZnFlix, Inc., an online provider of video game and DVDs for rent or purchase, announced that it now has the capability to rent over 40,000 titles to its members.
"Through our relationships with vendors like Video Products Distributors, Inc., we have been able to secure the ability to have an even larger base of titles, and make them available to our members," said Donald "Chip" Gallent, president.
Tom Kielty, Senior Vice President of Sales and Purchasing for Video Products Distributors, Inc., adds, "We are extremely pleased to be associated with GameZnFlix. Their commitment to providing online subscribers with a wide spectrum of entertainment for the whole family is a exciting endeavor that we are thrilled to be a part of."
Video Products Distributors, Inc., based in Folsom, California, is one of the nation's leading wholesale distributors of pre-recorded DVDs and related products. Video Products Distributors, Inc. has been working with GameZnFlix since July 2005 by supplying both DVDs and games to the company.
;D ;D
Escellent articles LiveLife. Here is a thought of mine on the CC flyers that were out last Sunday and for Thanksgiving on GameZnFlix. Would it make any since for them to put GameZnFlix in all the flyers nation wide? If they were not going to take GameZnFlix nation wide. My own opinion is NO. I feel by doing this the decision has already been made. I am going to go to the circuit city store here in Augusta, Georgia around 12:30 today and ask them about getting GameZnflix and see what they say. Will let you all know.
Also, I did some calculations on what GZFX might be worth. I figured at $18 per customer per month for 12 months a year would equal $216. I estimated that GZFX could get at a minimum of 3 million customers. I figure 3 million is very low seeing how we will be in the US, Canada Eroupe, Japan and a few more. (I know this is looking ahead but I am sure if all goes to plan they will be in all these places.) This would come to a total gross revenue of $648 million. So using 1.2 billion as the O/S I come up with us being worth 54 cents shares. Just my opinion and I feel it is a low figure if all goes well. Of course if the CC deal does not go. GZFX will fall like a brick.
;D ;D
Dang, nice post fringe_remnant from investorhub MB:
http://www.investorshub.com/boards/read_msg.asp?message_id=8640655
Date:11/27/2005 9:58:14 AM
Resistance is Futile
GZFX On NEW GROUND with Technical Trend Confirmations
Before Monday's Open, a recap of technical events behind the stock may offer some perspective on the play unfolding...
Friday was an important day for GZFX. Validation of the direction the stock is taking came in on increased momentum, depth, strength, and continuing build out on investor interest during what can sometimes be a terrible day for equities, while the volume was a mere 80MM on a short trading session.
I believe GZFX, the stock, entered a new era on Friday.
It is now a getting ready to range more freely. Resistance ahead is spotty, and the convergence (at $0.035 - 0.05) between the Ascending Channel mid-line and the PPS hugging the Lower Pitchfork Tine offers us a chance to assess the stock's strength at RRR. The closer we get to this point in time and space the more exciting this play gets. I expect the stock to fully reveal itself at this juncture, technically speaking.
I think lancebps hit it on the head earlier today when he said that GZFX could quite possibly be the entity that single-handedly redefines the penny stock market for the Fall season, bringing it back to life.
Support for the above notions is found in the following:
RSI CONFIRMED Friday that it is very happy in the Power Zone, grinding it out in the Plus70 area, driving this stock forward. This is an environment that can make or break a stock, where only the fittest survive. Look closely at what is happening to RSI on GZFX. And look also at the weekly RSI... outstanding crossover here.
UltOSc best describes an indicator's Investor Sentiment. It never stays at 70 for long. If a stock is strong, UltOsc will move through a series of mild retracements bouncing along the underside of 70, strengthening, and pushing off again, all while respecting an ever rising trend line. This activity takes place in conjunction with an RSI+70 feature, and it is happening to GZFX as we speak.
ADI is bouncing off the ADX trend Line, now in the Plus40 Zone, the Power Trend Trampoline.
OBV Confirmed a Trend Line that is singularly aggressive, remarkable in the attack. Volume, and sister OBV, are one of the two main stories behind this play. The indicator is not shy in its message: OUTTA MY WAY!
ChiOsc is the other half of the story here, and also Confirmed a Trend Line Friday which is just beautiful to observe. Volume is in, and so is da money. And, it's sticking.
Williams%R signalled that it is more than willing to go into battle again, and will cross up into the Power Zone early Monday morning coming, giving us a sustained run from here into uncharted territory.
The Accumulation/Distribution Line has now confirmed it's own Trend up over the last few sessions. Friday nailed it. Look at that long, bellying attitude of the trend line..... very strong, very healthy.
MACD exhorts all of this in one simple indicator. And that indicator is on a powerful upsurge that is nothing short of remarkable.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
All of the above points to the distinct possibility that new territory for GZFX is in the offing. It is becoming plausible now that the stock, once confronting the aforementioned congestion at 0.035- 0.05, will punch up sharply from there, reaffirm that breakout point briefly, and assault much higher PPS levels before the New Year, if events unfold the way they are indicating they may.
;D ;D
Intering from another board:
GZFX vs. SIRI vs. NFLX === Got GZFX!
SIRI O/S = 1.33 B; GZFX O/S = 1.12 B
SIRI lost money EPS = -0.62; GZFX lost money EPS = -0.03
SIRI subscribers = 2.173 M
GZFX subscribers = 10,000 and growing fast at rate of 500%.
SIRI PPS = $7.10/sh; GZFX PPS = $0.0183/sh
SIRI Cap = $9.5 B; GZFX cap = $20.3 M
Let's assume GZFX has market cap $200M or 2% of SIRI cap.
Then GZFX PPS = $0.18
SIRI...
SIRI has subs of 2,173,920 according to SEC filing. With $9.50 B capital, each sub is worth about $4,370 ($9.50B/2.173M). Each SIRI sub pays $11+/- monthly fee that is less than (or close to) GZFX sub fee (16.99).
GZFX...
Using $4,370 for each GZ sub, as of today, with 10,000 subs (not incl CC subs), GZFX cap should be around 10,000 x $4,370 = $43.7 Million. Therefore, GZFX pps = 43.7M / 1.12 B sh = $0.0390/sh. Now taking into account of CC in-store promotion, let's use 200 subs generated by each CC store, total subs by CC could be 600 x 200 = 120,000 subs. Then GZFX capital should be around 120,000 x 4,370 = $524.4 M, therefore, GZFX pps = $524.2M/1.12 B sh = $0.4682/sh
OK, now let's use Price/Sale ratio
SIRI P/S = 51.71 (http://finance.yahoo.com/q/ks?s=SIRI)
GZFX P/S = 20.53 (http://finance.yahoo.com/q/ks?s=GZFX.OB)
Use SIRI P/S of 51.71 to calculate GZFX PPS
GZFX PPS = 0.0461 (51.71/20.53 x 0.0183)
The current PPS should be around $0.04/sh and next 30-90 days price should be around $0.40/sh, after that all depends on GZ subs, If GZFX subs can reach 1 Million, we know PPS should be at least 1/2 of SIRI or $3.50/sh.
NFLX....
NFLX O/S = 54.37 M
NFLX subscribers = 3.5 M
NFLX PPS = 29.25
Market Cap = 1.59 B
NFLX EPS = 0.14
Each sub = 1.59B / 3.5 M = $454/sub
http://finance.yahoo.com/q?s=NFLX
NFLX currently has 25.90% of short interests, which are approx. 14.1 M shares. If shorts cover 14 M shares, NFLX PPS could reach 55-65 range because NFLX average daily trading volume is 1.4 M. With 10 times of average trading volume, PPS could be double or triple easily to 60 (conservative estimate). Then, market cap could be 3.2 B – 6 B. Let me use market capital of 4 B if all short interests are covered, then each NFLX subscriber may worth approx. $1142.
Now, use $1,142/sub to figure GZFX PPS. At current of 10,000 sub, GZFX market cap would be about $11.42 M, so PPS would be around $0.0102. If current GZFX subs are 20,000, then PPS would be around 0.0202. Based on current Circuit City promotion, new Xbox debut and online DVD/Game rental business booming and GZFX awareness, I guess GZFX could have 50,000 subs. If it is the case, then PPS could be around 0.051. What if GZFX has 100,000, 200,000 or 500,000 subs by the end of this year, then PPS could reach 0.51 potentially. Sorry I say 0.51 (even though I surprised myself when I touch the calculator pad). But it is mathematically correct.
Can GZFX reach 0.50 in next 6-12 month? I don't know. It depends how many subs GnF will get. But I do know GZFX can get 0.05-0.10 soon, "Very" soon. (sounds like uncle Melvin...lol)
Side Note: I didn't use NFLX to estimate GZFX PPS in the beginning because short situation with NFLX is unbelievable real and unsolvable. NFLX has been on SHO list since Feb 2006 and still on SHO list now. I have tried to test sell-short order through Ameritrade but was told shares were not available for short. However, the institution short positions still are in place, never covered, and no one (SEC) seems to care at all. NFLX short is very tricky. Any strong news could send NFLX to $100-200. If someone wants to pay 100 a share to acquire NFLX company, he actually only pay 75% cost because shorts will cover another 25%. If that happens, each NFLX sub could worth $2,500. Therefore, GZFX PPS could be much higher than 0.05. Did I mention $3.5 PPS for GZFX in the future?
I know many don't believe GZFX PPS could worth $3, $1, $0.50, $0.10, or even $0.01. I doubt myself in the beginning too. The stock markets never treat any stock at a true fair value, either overvalue or undervalue. Emotion, sentiment, market news, and human behavior drive stock price. I just want to say Trade with trend, not against it. Knowing yourself and trade in comfort zoon. Believe yourself. It's your money and you can be rich.
P.S.....Also, one can use Cable or DSL subscribe to figure GZFX each sub worth. I know some cable company pay $5,000 per sub to acquire others. (Of course monthly cable fee ($40+) is much higher than DVD rental monthly fee of $17).
;D ;D
Thanks seabiscuit for the post from InvestorHub MB.
I did not know Canada had 930 CC and affiliates! I wonder if Canadian CC ads will cover GameZnFlix soon?
http://www.investorshub.com/boards/read_msg.asp?message_id=8640742
Date:11/27/2005 10:11:03 AM
Thanks , Edge , and duly noted as 630 C.C. stores in the U.S. and 930 C.C. stores and Affiliates in Canada .
Thanks rolo731 for the post from InvestorHub MB.
Date:11/27/2005 10:11:57 AM
Investwise, everyone must realise that for Circuit City this deal is a WIN - WIN situation. With the high cost of the new x-box, any avenue to lessen the cost to provide games/dvds for the consumer will be greatly appreciated. This helps CC in three ways 1)There will be more foot traffic in the stores to buy x-box's 2)It's a no brainer to let your kid try out a new game before you decide to buy it (at CC ?) 3)Add'l revenues for a service that increases customer loyalty.
Thanks shomidamoni for the post from InvestorsHub MB.
27 Nov 2005, 12:23 PM EST
Msg. 164937 of 164943
(This msg. is a reply to 164914 by qwaisy2.)
QWAISY2, The difference between last year's Dell dude commercial and this year's CC effect on raising GZFX subscription is that, last year, GZFX was not quite ready to supply the demand of subscribers, Shipping of DVDs and games took a long time too. These subscribers were dissatisfied and eventually drop their subscription, Management has learned from this and this year. Increase of subscribers will be controlled by management so they can ensure that they can supply the demand of subscribers. Shipping is now averaging 48 hours in most places and will continue to improve in the following days due to added distribution centers. Increase of subscribers Bottomline, GZFX will increase and KEEP SUBSCRIBERS!
Thanks boofusboy for the post.
27 Nov 2005, 12:40 PM EST
Msg. 164955 of 164959
(This msg. is a reply to 164855 by tskinner71.)
tskinner71 ... with that said, a membership with GZFX is a no brainer as well (Buying stock in GZFX is the other no brainer). Compare prices to all the others. The service is great so far for my family. The method of receiving, viewing/playing and putting the disk back in the PREPOSTAGED SELF-ADDRESSED envelope to send back at GZFX's expense is a MAJOR cost savings in itself! Think about it for a moment: (This is one of my pet peeves..just mho ok?)
Summertime: I'm done with the movies. I gotta get in the car, drive 2 miles (it's hot..the traffic sux at times) to the post office. Drive the 2 same miles back. Time it takes? Oh...anywhere from 15 to 30 minutes..just to return movies/games we just saw and enjoyed.
Solution to this: Pop the Gameznflix movie/game back in the SELF ADDRESSED,PRE POSTAGE PAID by GZFX in my home mailbox and let the mailman do all the dirty work. Benefit?..Time savings. To me..money is time. Not to mention GZFX has everyone beat on price and Value.
Wintertime: I'm done with the games/movies. I gotta get all winterized dressed up. Go out to the car...wipe off the snow, scrape ice off of the windshield and windows. Start the car and turn on the defrost. Then I gotta break out the snow blower/shovel (depending on how much of the white stuff is dumped the night before or dumping at present) and clear the driveway. Drive the same 2 miles..sometimes traffic infested.
Solution to this: Pop the Gameznflix movie/game back in the SELF ADDRESSED,PRE POSTAGE PAID by GZFX in my home mailbox and let the mailman do all the dirty work. Benefit?..Time savings. To me..money is time. Here me? TIME IS MONEY!
IN BOTH situations, all I have to do his open my front door, lean over and get the disks out of my mailbox..and when I'm done put them back in. The mailman does all the work. Now that's a deal! Lazy? No...let's just say TIME IS MONEY!
You say other companies like NFLX has this same benefit? WRONG! NFLX has no games AND the price is higher to deal with NFLX. Again, there's that factor that is all important. MONEY. TIME and MONEY... things that matter. No?
Now..couple these above mentioned issues and solutions with a pps that is so cheap it is rediculous for an up and coming company that has all the makings of a solid move up on strong volume... and it has been for weeks now without let up in sight. GZFX fits the bill. ALL THE WAY AROUND!
Come on Monday! Bring it on baby!
;D ;D
Well I just got back from CC. Here is what is in there flyer on GameZnFlix. On page 34 and page 38 at the bottom of both pages. " GAMEZNFLIH ONLINE GAME & DVD RENTALS DELIVERED TO YHOUR HOME rent up to 3 at a time www.circuitcity.com/gameznflix 16.99 per month." I do not know why they put GAMEZNFLIH. I thought it would read GAMEZNFLIX.
I ask the guys in the DD area at CC. If they had ever heard of GameZnFlix. They all said NO. I then ask the manager and he said NO. IMO that is great. ((I then talked to one guy that was part of the CC selling DVD's ect. I told him about our stock and showed him the flyer. He said that the price was very cheap. He said that it was way cheaper than what he now had. IMO he was very happy about it and I figure he might spread the word.)) No one in this area except a few have even heard of it. More customers in the wing as soon as CC goes nation wide and they buy x-box. Here is another thought. Microsoft say's they will sell 5.5 million of the x-box by June 2006. If they do. I figure that would give us at least 500,000 to 1 million new customers. The more expensive x-box has a free one month trail of GameZnFlex in it. So lets say that Microsoft paid GameZnFlix $10 per subscribtion. That would at 1 million give us for just the x-box for that one month $10 M. If all 1 million decided to get a yrs subscribtion that would give us $218M. Just some thoughts.
;D ;D
Thanks shomidamoni for the post from Raging Bull MB:
27 Nov 2005, 02:03 PM EST
Msg. 165056 of 165059
(This msg. is a reply to 165007 by firefight4.)
Firefight4, I agree. For my fellow newbies info, GZFX Management has a vision. They realize that they will have competition, so their goal is to become the top online family entertainment business. That is why they will not restrict their services to movies, and games. Gameznflix will also provide Video on Demand direct download which is on beta testing. Also wil provide books, audio tapes and music in the future. But for now,growth on DVD and game rentals alone is huge! Baby step at a time.... We are on the tip of the iceberg...
I have read this whole thread over the past 3 days.
So, at first, I was all excited :D and wanted to buy all of GZFX right away.
After I calmed down little, I was wondering if it was as good as it looked...
Now, I'm just confused ??? Everyone can't seem to say enough good things about that company, but is it still a good time to get in or did I miss it?
Oh, and on an unrelated matter: Scottrade will only let my place Pink Sheet order as limit order. What is the best way to go about it? Obviously below last day's close, but a lot below or just a few 1/10 cent?
;D ;D
Here is a picture someone from another board took. It is of our company on a billboard.
Not a very good picture but you will get the idea.
--------------------------------------------------------------------------------
Sorry the picture did not come out. Will try again in a min.
>:( >:(
;D ;D
--------------------------------------------------------------------------------
I have read this whole thread over the past 3 days.
So, at first, I was all excited and wanted to buy all of GZFX right away.
After I calmed down little, I was wondering if it was as good as it looked...
Now, I'm just confused Everyone can't seem to say enough good things about that company, but is it still a good time to get in or did I miss it?
Oh, and on an unrelated matter: Scottrade will only let my place Pink Sheet order as limit order. What is the best way to go about it? Obviously below last day's close, but a lot below or just a few 1/10 cent?
--------------------------------------------------------------------------------------------------------------------------------
IMO it is a very good stock. I myself am planning on buying 65K shares in the morning on the first pull back it has. I see it opening somewhere around .023 then moving up a little then have a small pull back to about .0225 then I will buy. I might be totally wrong and it not pull back at all. Or it might just go down at the start. I would bet my house this thing opens a lot higher Monday. I am hoping to get in around .0225 or less. If we get a good PR no telling how high it might go and I can forget the .0225 and have to go higher. I got in at .0104 the first time. Then got some more at .0174. All I can tell you is that when you play down here anything can happen. This thing can go sky high or drop like a brick. But I feel very good about it going a lot higher. This is just all my opinion. Good luck in what ever you decide.
;D ;D
The picture of the billboard is in Nashville, TN. Still trying to post it.
>:( >:(
Sorry, for some reason I can not post it here. It is on the allstocks GZFX board page #105 near the bottom.
>:( >:(
Thanks dfwyatt for the link: http://photobucket.com/albums/c173/dfwyatt/
This is "In your face" promotion by Circuit City!
Will the consumer "notice" GameZnFlix?
Livana I hope this helps.
I am a "full on" swing/day trader. By definition, I must take profit at the earliest "trendable" point, which for me, is dictated by RSI rising above 60, and certainly by 70-80 (see chart).
I anticipated profit taking on Friday with RSI above 70-80, but the bullish buying pressure was such that the price continued up. For Monday, I also expect some profit taking, but I believe the traders that missed out on buying opportunity this holiday week along with new buyers learning about GameZnFlix will increase the buying pressure, which may overcome the selling pressure.
Just about everyone I talked to this weekend said, "if you can buy 10,000 shares for about $200, I am in and won't care what happens to the stock." I had many that plan to buy more than $1,000 worth of GZFX to hold long term on pure "speculation." Many know about and gained from Netflix and see GameZnFlix as the "next" Netflix. I just reminded them to only "speculate" money they can afford to never see again.
As to my swing trading and "fractional daytrading." After GZFX goes through another profit taking session (if the buying pressure is great on Monday, it may not happen like Friday) my next (swing trading) sell target is $0.03. I am bought back in at $0.0175 - $0.0177 with more than 1.2 million shares (which would be around $16,000 gain).
If GZFX does take an extended price correction and trades down or sideways, I may "fractional daytrade" with 1/10 of penny equaling $1,200.
I have answered numerous emails and posts this evening about the current bullish market and GZFX taking a dive. I am just a newbie (since July of this year) swing trader who can now daytray til noon (PST) and I am continuing to do what grabs my attention and makes me "comfortable." There are several great stocks (I recommended HOM and PTN to my last email response), but as we continue with the bullish market trends, I will be reviewing and updating my 20-40 stocks as more and more stocks will be back on "gain" cycle, especially those stocks that trend with the market.
Why GZFX? I like the 400-500 million daily volume and the tremendous amount of buzz and interest it has generated on the searches (#5 as of today on cnet search item with XBOX as #1) and on the message boards. I have spent the latter part of last week and today on Yahoo CC, Raging Bull, Market Millionaire and InvestorsHub MBs and the interest is amazing!
There's even a growing "grass root" movement where stock holders are distributing GameZnFlix/Circuit City flyers (http://us.share.geocities.com/goldleader71/Golds_version.png) to spread the word about GameZnFlix online DVD/game rental service, which is lower in cost than competition services offering both DVDs and games, unlike Netflix and Gamefly. Here's one of their sites: http://www.geocities.com/goldleader71/gzfx5.swf
Just about everyone I talked to about the XBOX 360 launch and game rental cost vs buying games agree that they would prefer to pay less and rent than to buy. I mean, this may be the start of something much bigger than this short-term swing/day trader may believe.
So, for now, I will continue with my swing trading practice of taking profit at the next sell target or "fractional daytrade" with GZFX. If GZFX does become profittable (I believe CEO stated that at 15,000 subscribers GameZnFlix will be profittable - they have about 7,500 now) and buying pressure continues, I may put some of my gains into mid-long term holding of GZFX. Time will tell. For now, I need to focus on Monday's market open.
I am still enjoying this crazy world of stock "swing/day trading" and hope to benefit others with my "transparent" trading practice documented on this MB.
You can follow my swing trading at: http://www.3stocksonfire.org/trading/index.php?topic=3635.135
Hope you all had a nice Thanksgiving.
Good trading!
- John
I sure hope the momo on GZFX keeps on going, but a word of caution away from the hype read their recent 10-Q some interesting reading in there for sure. I have taken a section relating to potential huge share dilution which anyone holding GZFX should be aware of. That said the volume that has come in is huge (relative to history) so this is becoming a speculators vehicle for sure.
Good Luck
GZFX 10-QSB
(g) Adjustable Conversion Price Feature of Debentures Could Require
the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the
convertible debentures to Golden Gate Investors, Inc. (see Liquidity
and Capital Resources, below) is essentially limitless. The following
is an example of the amount of shares of GameZnFlix common stock that
are issuable upon conversion of the convertible debentures (excluding
accrued interest), based on market prices 25%, 50% and 75% below the
market price as of November 10, 2005 of approximately $0.01:
Number % of
% Below Price Per With Discount of Shares Outstanding
Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 2,735,000,000 73.90%
50% $0.0050 $0.0040 4,110,000,000 80.97%
75% $0.0025 $0.0020 8,235,000,000 89.50%
As illustrated, the number of shares of common stock issuable
upon conversion of the convertible debentures will increase if the
market price of the stock declines, which will cause dilution to the
existing stockholders.
(h) Adjustable Conversion Price Feature of Debentures May Encourage
Short Sales.
The convertible debentures issued to Golden Gate Investors, Inc.
are convertible into shares of Company common stock at an 18% discount
to the trading price of the common stock prior to the conversion. The
significant downward pressure on the price of the common stock as the
selling stockholder converts and sells material amounts of common
stock could encourage short sales by investors. This could place
further downward pressure on the price of the common stock. The
selling stockholder could sell common stock into the market in
anticipation of covering the short sale by converting their
securities, which could cause the further downward pressure on the
stock price. In addition, not only the sale of shares issued upon
conversion or exercise of debentures, warrants and options, but also
the mere perception that these sales could occur, may adversely affect
the market price of the common stock.
(i) Issuance of Shares upon Conversion of Debentures and Exercise of
Warrants.
The issuance of shares upon conversion of the convertible
debentures issued to Golden Gate Investors, Inc. and exercise of
warrants may result in substantial dilution to the interests of other
stockholders since the selling stockholder may ultimately convert and
sell the full amount issuable on conversion. Although the selling
stockholder may not convert their convertible debentures and/or
exercise its warrants if such conversion or exercise would cause them
to own more than 9.9% of Company outstanding common stock, this
restriction does not prevent the selling stockholder from converting
and/or exercising some of its holdings and then converting the rest of
its holdings. In this way, the selling stockholder could sell more
than this limit while never holding more than this limit. There is no
upper limit on the number of shares that may be issued which may have
the effect of further diluting the proportionate equity interest and
voting power of holders of the common stock.
(j) If Stock Price Declines, the Company May Be Required to File A
Subsequent Registration.
Based on the Company's current market price and the potential
decrease in its market price as a result of the issuance of shares
upon conversion of the convertible debentures issued to Golden Gate
Investors, Inc., the Company has made a good faith estimate as to the
amount of shares of common stock that it is required to register and
allocate for conversion of the convertible debentures. In the event
that the Company's stock price decreases, the shares of common stock
the company has allocated for conversion of the convertible debentures
and are registering hereunder may not be adequate. If our shares
allocated to the registration statement are not adequate and the
company is required to file an additional registration statement, we
may incur substantial costs in connection with the preparation and
filing of such registration statement.
(k) Repayment of Debentures, If Required, Would Deplete Available
Capital.
The convertible debentures issued to Golden Gate Investors, Inc,
are due and payable, with 4 3/4% interest, three years from the date of
issuance, unless sooner converted into shares of common stock. In
addition, any event of default could require the early repayment of
the convertible debentures at a price equal to 125% of the amount due
under the debentures. The Company anticipates that the full amount of
the convertible debentures, together with accrued interest, will be
converted into shares of its common stock, in accordance with the
terms of the convertible debentures. If the Company were required to
repay the convertible debentures, we would be required to use limited
working capital and/or raise additional funds. If the Company were
unable to repay the debentures when required, the debenture holders
could commence legal action against the Company and foreclose on
assets to recover the amounts due. Any such action may require the
Company to curtail or cease operations.
;D ;D
GZFX opened on the Berlin Exchange this morning up 17.65% on 3M volume. If we open up the same percent that would be .0256. A new high for this run. But we must remember that we trade a huge amount of share compared to Berlin. But things look good for the opening.
;D ;D
;D ;D
On the Berlin exchange at 8:30 AM EST GZFX is still up 17.65% on about 8M in volume. Their avg volume is 7.5M. They still have 3 hrs of trading left over there. The MM's are already getting active here. The ask is (1) at .0218 and the rest are at .022 and higher. Looks like we could see an open over .025.
;D ;D
http://news.com.com/2240-10755_3-0.html
http://www.wallstreettape.com/messageboards/?ticker=GZFX
Thanks AussieTrader for your comments!
Yes, I also agree. I was expecting profit taking on Friday.
Here's repost from 3SOF swing trading MB:
Richard and Terlisa, thanks for the comments!
I have spent quite a few hours yesterday answering emails and posts about the concern for GameZnFlix. Wow. So much interest!
Well, this is my position.
Richard, yes, GameZnFlix has not delivered the "service" to their customers last year and early this year. And many of the online reviews and comments from gamers will reflect that.
However, since the summer of this year, GameZnFlix really has worked hard to turn the company around. And as you stated, seeing more marketing, PR and promotions and landing new deals like partnering with Circuit City and buying out the inventory of Gamechoice is demonstration of this company going from "bad customer service" to better.
Many on other MBs decided to find out this for themselves and signed up for GameZnFlix subscripton, to see if the company actually provides good, timely and effective customer service. I am thinking about doing the same, since they offer free trial subscription. What have you got to lose? If GameZnFlix can deliver the online DVD/game service, then the current level of service is all that matters.
As to stock trading for this swing trader, as I stated many times before, by definition I must take profit at the first available opportunity. With each market open, I will watch the stock very carefully and buy/sell/buy back. If the stock doesn't perform, then I will move on to the next stock, like I have since I started this MB thread. This MB thread is not the "emotional" and loyal MB thread, it is a swing trading MB thread to demonstrate fast and objective stock trading to maximize gains, trying to ride the gains and be holding cash while stocks take profit.
One thing I do have to say is that there is a lot of interest in this small company and stock. Just look at the posted charts of search item results and MB buzz at Yahoo, Raging Bull, Market Millionaire, InvestorsHub, etc. Raging Bull's MB is like a ticker tape that's not stopping! Even though chart trends say RSI is above is 70-80 and stock is "overbought" and watch for profit taking, extreme bullish pressure will overcome the selling and drive the stock price higher. I have seen this before, recently with HOM the past several weeks/months.
Yes, I am speculating with GZFX, and I already cautioned members/visitors of this MB thread to only speculate with money they don't intend to never see again. If they are speculating, then ultimately it is their decision, and not yours. With 400-500 million shares being traded each day, people are going to buy/sell regardless what they read and see on the MBs. Even though HOM's RSI was above 70-80, people kept buying and drove the price up. If I was posting on HOM MB not to buy and sell because the chart trend and Technical Analysis said "sell" what would have been my position? ="ignored"=
The whole intent I made on page 1 of this MB thread was to document and make transparent my swing trading (and now daytrading also) activity in the hopes that others new to stock trading can benefit, that's all.
Take care everyone this morning!
Good trading!
- John
>:( >:(
If you want to know why we are not setting at .03 or higher today. Just watch MM ARCA.
He does everything he can to keep the price down. A little while ago he pushed the price down to .0223. Then when it begain to come back. He set all by his self on the ask at .0229 through 57 buy orders. Then he finally left. GZFX then ran up to .0238 and here he came again and jump on the ask at .0236 when 3 MM's were setting on the Bid at .0236. Now he has pushed it back down to .0229. He does this everyday but Friday. Friday must be a day for rest or something. IMO if he was not part of this. GZFX would be at .10 by now. But he will not let it run very far. It has got to or right at .025 now three times and everytime here he came. The reason we have a nice spike up every morning is he is not around. Buy orders have way way out paced sell orders today. But because of ARCA we can really run this thing up big. I hope he gets out of the way after 3:00. A lot of the time he does.
>:( >:(
Hey Bart,
I finally jumped in... got it a few minutes ago when it fell back to 0.0225... :)
Anyway, I have a question: "what/who is MM ARCA???"
>:( >:(
Well MM ARCA did us in today. Close .022. I am going to send the company a nice E-Mail about all he is doing. They probably don't care but I do.
I will explain later about MM ARCA. I have to go out right now. This stock should have been at least over .025 today at the close.
>:( >:(
Price action opened gapped up but the bulls were awake in the morning and looks to have fallen asleep slowly throughout the day...... :D
I think this could be the beginning of a short term retracement. I see support in the .0183 area and is where i'll be looking to purchase some more shares. Got my initial investment in at .0069...shoulda bought more there, but woulda shoulda coulda.
-fousc
Todays Chart:
??? ???
Hey Bart,
I finally jumped in... got it a few minutes ago when it fell back to 0.0225...
Anyway, I have a question: "what/who is MM ARCA???"
---------------------------------------------------------------------------------------------------------------------
Livana: MM's are the one's who are on the ask/bid side of the sell/buy of the shares of stock. When you buy or sell a stock you have to put your order in thru your broker. The broker in turn takes this order and gives it to an MM who places the order for the borker. So lets say you give a buy order to your broker for 10000 shares of stock xyz at .02. The broker will then give it to the MM that they work with. The MM then puts a order in for the broker to buy 10000 shares of xyz at .02. When the order is filled. The MM returns the order to the broker who in turns returns it to your account. I hope this helps. There can be 40 to 50 MM's working on just one stock. A company like Ameritrade normally uses NITE as their MM and sometimes SCHB. But I am sure at times they use others.
Now about ARCA the MM that is causing all the problems for GZFX. The reason we always have a good gap up in the morning is that ARCA is not around. But when he appears you can take it to the bank that GZFX will soon be heading down. The only days of the week that I have seen that he does not try to push GZFX down is Friday. Who knows why. I have several opinions on why he is doing this. One he is shorting the stock and wants it to go down. (I think this is the most likely.) Working for the company in trying to keep the stock down for some reason which only the company knows. The last is working for day traders. Push it down then let it run back up. Over and over and over. This stock everyday goes right up at the start and everyday falls back down by the end. Except on Fridays. This MM sets back at .0245 and just sets. Then when the ask gets going a little to high he will jump right down on the ask at the bid price. Here is an example of today. He was setting at .0245. The ask was .0232 and the bid was .0229. He came all the was back from .0245 jumped ahead of the .0232 ask right to the ask at .0229. There were 4 MM's at that time with bid's at .0229. They then put the bid to .0228 and ARCA put the ask at .0228. Then repeated the same thing at .0227. Then when all the other MM's started asking at .0227 he left and went back to .0245 and set there. So far ARCA has not been on the MM side of the ask when the market opens. So up we go. Yes I do know that MM's can buy and sell at the fifth # after the decimal. Just in case someone wanted to know. But when you are above .001 it is very unlikely that they would do this.
I am so sure of this. In the morning if there is no news. I will wait on him to appear and then I am going to sell all my shares. I am sure we will up tic in the morning. Then after he pushes it down futher and futher i will buy it back around 2:30 or so PM EST. This is all IMO so don't follow what I am doing. Do your own DD on these MM's and make the choice for yourself. Knowing my luck this will backfire on me.
Oh by the way. The Berlin Exchanged closed this morning with GZFX being up 17.65%. Which should have meant that we sould have closed around .0238.
??? ???
Next to the GZFX "speculation" ;D
Nice profit taking in the morning with rebound followed by more profit taking! I actually thought $0.0229 would hold, so I left for work early. I see that it closed lower at $0.022 after a slight climb.
This must be taken into consideration with Nasdaq taking 23.64 point dip following five days of gains. If there was generalized profit taking, then GZFX fared very well, closing up positive. There were many stocks that lost quite a bit. Netflix, for one, lost $1.67 (5.71%) and went down even lower after hours by $0.06!
With increased volume from Friday (holiday absence for many) to 276 million shares, GZFX actually did better than I anticipated with RSI being above 70-80. I thought GZFX may close in the negative after overdue profit taking. This indicates significant bullish buying pressure. I agree with fousc that there may be further retracement before resuming gains, but after huge dip of Nasdaq, there may be a lot of rebound activity tomorrow!
Yes, this is "speculation!"
Good trading!
??? ???
GZFX on the Berlin Exchange opened down 5%. Not bad seeing how it was up 17.65% yesterday.
??? ???
Good morning!
http://biz.yahoo.com/ap/051129/wall_street_premarket.html?.v=4
"Stocks Set to Open Up on Economic Data
Tuesday November 29, 8:37 am ET
Stocks Set to Open Higher on Durable Goods, Consumer Confidence Data"
We may have a nice market rebound after yesterday's dip. GZFX stayed positive even after a significant profit taking and this is good. Should be an exciting day!
GZFX continues to be the "buzz" on the stock trading MBs and still remains #3 searched item on cnet!
http://news.com.com/2240-10755_3-0.html
http://www.wallstreettape.com/messageboards/?ticker=GZFX
Interesting repost that may apply to stock trading in general.
Perhaps GZFX in Stage 4? For this swing trader, I am back in to see where GZFX will go, if it doesn't I will sell and move on to the next swing trade! ;)
Thanks mrtrader1 for the post from Raging Bull MB:
24 Nov 2005, 10:53 PM EST
Msg. 162993 of 163040
A Penny Stocks Life or Market Cycles
Stage 1 - Accumulation. Stock is quiet, trading sideways and without a lot of volatility. Most everyone ignores the stock because it has no sizzle. Insiders hold large blocks of stock and quietly gear up for the distribution.
Stage 2 - Breakout. Volume jumps up, psychological barriers are broken. Insiders begin to tell their friends of upcoming significant fundamental change. Pros take notice and buy the stock on the coat tails of the well informed. The public ignores it because they have not read about the company in the paper yet. It must be a scam.
Stage 3 - Uptrend. As a larger audience learns of the company and its promise, more buying comes in to the stock and it begins to climb. Pros begin to sell, but slowly. Average investor begins to buy.
Stage 4 - Pullback. The stock has gone up too fast, and some profit taking arrives. The jumpy investor who got the entry timing right but lacks confidence in his or her decision sells the stock with a small profit, and smiles in the mirror. The Pro holds on, Average Investor looks through the newspaper to find justification for ownership of the shares.
Stage 5 - Resumption of the Uptrend. The pull back is short lived, and the stock bounces and continues higher. The wannabe regrets the sell, but provides self counsel on the merit of making a profit, albeit a small one. The Pro might sell a little bit more, but still holds the majority of the original position. The Average Investor is getting excited now, and thinks about what could have been if only he had bought when he first noticed the stock.
Stage 6 - Exhaustion of the Uptrend. The media takes notice, and communicates the company's merits to the masses. The masses buy the stock, and it goes up sharply with strong volume. The Pros sell with enthusiasm. The Average Investor owns it now, and is telling everyone who will listen. The wannabe Pro jumps back on, after all, he was smart enough to buy it when the trend started, so he knows the stock well. Will hope make it go higher?
Stage 7 - Gravity Works. Pro selling begins to weigh on the uptrend, and the stock fails to go higher despite high volumes. The stock starts to go down instead of up, and the Pro is almost sold out. The Average Investor continues to cheer lead, hoping to rally support. The wannabe ignores what the market is telling him, taking a loss is too painful to consider. The company is featured on the cover of a magazine.
Stage 8 - The Second Guess. The stock bounces and starts to go back up. The wannabe Pro averages down while the Average Investor gets back to advising friends of his stock picking acumen. Pros sell their remaining holdings and begin to look for another deal to play, or perhaps start short selling the stock.
Stage 9 - Out of Gas. The bounce is a fake out, and the stock moves lower again. The public own this stock, and they have no more power to buy. The Pro are making money on the short sales now, but are despised by the masses. Calls for short selling to be made illegal are made by the Average Investor, after all, the short sellers are the demons causing the sell off.
Stage 10 - Dead Cat Bounce. The Average Investor and the wannabe Pro have no pain tolerance left, and finally sell for a big loss. The short selling Pros are the only buyers to take the share off their hands, and provide the needed liquidity. The stock bounces, and some short term traders make a quick profit. The Average Investor either swears to never buy a stock again, or tells lively stories over drinks about the one that could have been.
Stage 11 - Post Mortem. Pros have forgot about the stock and are considering carpet samples for their new home in Florida. Average Investor continues to follow the company and buys loads of cheap stock to try and overcome the regrettable loss.
The stock market is mean. You can be a good analyst, but if you can't overcome the psychological traps of trading, you will do what the crowd does. To be successful, you have be one step ahead of the crowd, and trade with unemotional discipline. There are strategies to take advantage of each stage of the market cycle that can be applied just by looking at a stock chart. They just require a bit of knowledge.
Author Unknown
>:( >:(
Well ARCA came out 5 mins after the open. We as normal were heading up. He jumped right on the bid and down we went. I tried to sell four different times this morning but for some reason it never executed. I will not try to sell below .02. So no more trying to sell today for me. Just set and wait it out. Berlin exchange is down 20% with about 40 mins of trading left. We are down 10.8% here.
>:( >:(
Good re-entry point after swing trading profit taking (blue oval)
= Update 9:00 AM PST = lunch time in New York. ;)
Well, is GZFX rebound after the anticipated profit taking sustainable? It will depend on buying pressure and new buyers learning about this company and Circuit City connection. GameZnFlix and Circuit City should do a Press Release regarding GameZnFlix subscription increase and company profitability. Time will tell. Let's watch.
= Update 11:00 AM PST =
Nice daytrading gain! but I am seeing a pullback on GZFX, I am wondering if the overall market is also doing a pullback.
GZFX going to retrace back to the bottom of the GAP or use the blue channel support line?
??? ???
Good old ARCA took us down today. Example at 2:16PM EST ARCA was setting on the ask at .0199 and we had 3 MM's on the ask at .0192. We also had 5 MM's on the bid at .019. ARCA jumps from .0199 right down to .019 on the ask not .0191 where you may think he would go. Of course pushing the Bid down. Then he left and went back to .0199 and any time during the rest of the afternoon if it looked like we were going to break thru the .0192 area. He would jump right back down to .019. He set at .019 for the rest of the day from about 3:15 on and at 3:59:40 he left the MM area.
To me charts mean absolutely nothing in penny land. If you go by the charts. We would be well passed .05 by now and moving north. Quote the GOLDEN CROSS is the bullish sign there is and we crossed it Friday. If today was Bullish I would hate to see a Bear day. Also, if buying pressure meant anything we would be way up from where we are. We again today had far more buying than selling.
The company needs to help us out a little. Give us a PR and let us know how things are going. No matter if it is good or bad we need help before this thing really tanks.
I have been in penny land a long time and no one thing. Nothing matters accept a real good or real bad PR and sometimes a really good one want help. We need our company to say that they have increased their sub base and that they are now going to buy back so many shares of the O/S.
The big question is. Who is ARCA working for. The company, the day traders or the short sellers/naked short sellers? If we new who. We would have an idea what is going on. When ARCA is on the ask it takes a heck of a lot of shares to move him. Monday for him alone it took over 16M and twice today it took over 3M. One thing also about ARCA. You hardly and I mean hardly ever ever see him on the bid. Maybe once a day. All the other MM's that are on the ask are also on the bid.
I will let all know what Berlin will be doing after 4AM EST. That exchange opens at 0400AM EST. They were down 20% today and we were down 15.3%. We closed at .0188. At the close we had one MM on the ask at .0189 and one on the bid at .0188. I figure we will gap up a little in the morning as we do just about everyday. I hope we can move forward tomorrow and I sure hope we can get a good PR tomorrow before we open. Good luck to us all.
All this is my opinion and should be taken with a grain of salt.
??? ???
;D ;D
This is from another board:
This interview came out just before the close today. But it is IMO that you would not have had time enough to listen to it all before the close. It is about 20 mins long.
USE: jj*jj.com for the email and
PW: 123456 for the password.
Its an awesome interview.
http://www.wallst.net/popup.asp?id=1558
SORRY the above does not seem to be working. Use this:
http://www.gameznflix.com/press.asp?pressID=44&archive=0
;D ;D
;D ;D
Some are saying this is why we went down today. I do not agree but that is what they are saying.
http://www.marketwatch.com/news/yhoo/story.asp?guid={3D4E845C-198E-48C6-BBB4-C5B136C18B42}&siteid=myyahoo&dist=myyahoo
I do not agree. I think that this is great news for us. Why pay $40 to $60 for a game that you might not really like after you buy it. This would upset not only yourself but your parents. Just think if your child came to you and said. I know we can not buy me any games right now. So instead of putting out all that money want about this. Say dad and mom let me join a club called GameFnFlix for $18 a month. This club would not only let me get games but also movies.That way we can firgure out which one's we really like and then maybe buy it/them when time is right. I think a childs parent's might really jump at that. The child is using common sence and saving them a lot of money. If your an adult and doing this the same rule applies. Try it then buy it also from this club. You could save a lot of money that way and play a heck of lot more games. At $18 a month you could play lets say 6 to 9 a month for 12 months which would cost you $216 a year an you get to play 72 to 108 a year. If you buy them you would get 4 maybe 5 at tops a year. No brainer IMO.
;D ;D
:o :o
Interview was excellent IMO.
Here's the IMO the important parts of the interview:
----------------------------------------------------------------------------------------------------------------
CFC Subscriptions up 25% since beginning of 1 November.
CCity deal is going excellent and hoping to expand to all the other stores
"gameznflix is now at the point when we are no longer a start up business, we are in growth ... Everything is in place for us to grow "
Acquisitions to be very aggressive over the next 12 months
Revised website in first quarter next year. New website during holiday season not a good idea.
Expanding advertising and marketing / distribution centers
Expansion into Europe
Playstation 3 Games in spring / HD DVD in Fall
More marketing partners
Retaining members and getting new members better than ever.
:o :o
??? ???
The big question is what will this do for us tomorrow? Maybe the Berlin Exchange will give us a good idea. Will keep you all posted. The 25% increase in customers in just November alone to me should really help. To grow 25% in just one month is fantastic. Just have to wait and see. I would love to see a PR first thing in the morning covering this interview. I myself think a lot of people still might not even know about this yet.
??? ???
Good evening!
Good post Bart on the CEO conference call with wallst.net!
Many of you emailed me asking "What happened today?"
If you look at the StockCharts technical analysis, as RSI dropped below 70 (RSI above 70-80 indicates "overbought" condition and stock usually sells off, unless there is extreme buying pressure) the anticipated retracement continued (fousc, you were right again! ;)).
The volume remained healthy at 235 million shares and MACD is still in the positive territory. Additional factors that may have contributed to today's drop may be due to market, especially tech heavy Nasdaq, took a day long dip after early gain (see Nasdaq Intraday chart).
I posted several other intraday stock charts for comparison. Even IBM took the same day-long drop (BTW, IBM makes the CPU for the XBOX, FYI :D). Circuit City and Best Buy both took it hard today along with Netflix, which continued it's decline after a "down grade" rating cut.
So, what's next for GZFX? If GZFX is trending with Nasdaq and other "tech" stocks, then if Nasdaq and tech sector rebounds, GZFX should follow with rebound. I held my shares through the night (I bought back at $0.019) after fractional daytrading in the morning, and I will be watching for rebound. If not, I will sell and watch for rebound.
Good trading!
Here are more comparison intraday charts.
steady retracement in price action today with a low of .0185 coming close to support at .0183. Guess we will see tomorrow if that support is going to hold or not. If not the next support area is at the G-spot break out of .0143.
Good luck to everyone holding.
-fousc
Thanks fousc!!!
Thanks michaelsilata14904 for the post from Yahoo MB:
11/29/05 08:53 pm
Msg: 73910 of 73914
First of all I have both stocks , CC and GZFX, and I wish all of us and the two companies the best. I just listened to the conference call and to say the least I am very impressed. You can go to wallstreet.net to listen to the one today. I have a lot of major Dow 30 stocks and this conference call just as insightful . Gallent stressed that they are constantly watching the demand which is No. 1 priority. Membership has increased 25% since the beginning of the month and he states at least twice that we are in growth mode. I believe he wanted to say so much more but of course he had to hold back. In ending, I believe the CC is definately on. Management is so concerned about future demand and acquisitions. The reason is so simplistic, this deal and others are on. Be prepared you true longs for tremendous benefits in 2006. Same earmarkings as Sirius, nothing different.
Thanks bigomaha21 for the post and link from Yahoo MB: This is the conference call highlights by CEO of GameZnFlix with wallst.net. I am listening to the conference call now.
Good update for GZFX!!!
11/29/05 08:57 pm
Msg: 73911 of 73914
GZFX Subscriptions up 25% since begining of november.
CCity deal is going excellent
"gameznflix is now at the point when we are no longer a start up business, we are in growth ... Everything is in place for us to grow "
Aquisitions very agressive over next 12 months
Revised website in first quarter next year. New website during holiday season not a good idea.
Expanding advertising and marketing / distribution centers
Expansion into Europe
Playstation 3 Games in spring / HD DVD in Fall
More marketing partners
Retaining members better than ever.
All Straight from wallst.net's interview (www.wallst.net)
Good bye GZFX up 29% today board. Some seem to think these charts tell them something. No matter what happens they can spin the chart to show why it happened. This stock has nothing to do with the Nas going up or down. It is a penny stock and goes on news and hype only. You can keep this board. As far as I can see only deals in charts. Plus the click here is ridiculous. Bye!
Long term, it doesn't matter what the 'chart' says. Chart interpertation is like tea leaf reading. You can make it say whatever you want.
The thing that sets the price of the company stock (longterm) is still fundamentals.
Fundamentally, you have to be objective.
HOW many shares outstanding? 1 billion?
HOW much is this company making? Nothing.
HOW much can it possibly make? Well, at $10 per sub, they will need almost 90% conversion rate to start to break even. Good luck.
Hype can only carry it so far. The stock ROCKETED up, people made money. It's time to cool the hype.
It's a pump and dump pure and simple. You should only put throw away money into this.
I know my opinion is not going to be popular, but I'm sick of always hearing the rosey pump info on this board. Whatever happened to rational thought?
If it was ALL positive like has been posted this stock would be $50. There's a reason why it's a penny.
Nice conference call by CEO of GZFX with wallst.net! The subscription increase update (25% since November 1st!!!) is very timely and will certainly boost GZFX stock price!
Here's the transcript of the call:
http://www.gameznflix.com/press.asp?pressID=44&archive=0
http://www.wallst.net/
Today we would like to welcome Chip Gallent, president of GameZnFlix Inc., ticker symbol GZFX, on the over the counter bulletin board.
Welcome Mr. Gallent.
Thanks for having me.
Can you give us a brief overview of GameZnFlix, what you do and markets you serve?
GameZnFlix is in the on-line rental business of both games and DVDs, we are one of very few that do that, and what it allows us to do is really to serve the home in a way that no one else can in the on-line rental business. Our goal is to provide the family with a broad variety of rental choices, taking into account of the game market as well as the movie market and provide that value for the home entertainment dollar.
What do you think is the value proposition for your customers? What do you think separates GameZnFlix from its competitors?
The main thing for us is, like I said, we are the only major company in this market who offers both games and movies. And it really is helping us to establish its own category because traditionally, you had to go in either direction, either to on-line renter of movies or on-line renter of games to get the same thing that you get from us. For example, one of our competitors in the game space, offers two titles out at a time program for $21.95. On the DVD side, you can get three titles out at a time program for $17.99, that's $39.94 in combined rental expense to the home to get the same thing we offer for $16.99, now that's our three out program.
If you want to look at purely apples to apple, you have to spend almost $30 to get with game provider that offer one out plan with a movie provider to get the same thing of $16.99 that we offer. The fact that who we serve and who our customers are, the majority of people that we deal with are males. Our age demographic is 24-39, half of them are married. So we are really penetrating the home entertainment value for that home, and it's allowing us to serve, maybe their son or daughter who's a gamer, dad might be a gamer, mom might be a gamer. But then again, mom and dad might want to watch movies on the weekend, or kids might want to watch a particular movie. We are giving a lot more choice for their investment in the on-line subscription.
Tell us about the company's relationship with Circuit City.
We are in a program with Circuit City where by we are testing in stores the sale of our service through a box that we have designed that's sitting on their shelves and they are selling for us. The pilot program we are running with them right now, and we are hoping that that will lead to further expansion into the rest of their stores, which is going very well right now for us. All we can say at this point is that it's going well, and we are hoping that it will lead to us being in more of their stores.
When can investors expect the company to see uptake of subscriptions and revenue?
We are, for example, we have historically reported information, we are coming out of fourth quarter, you will be able to see those results in our annual report that will be filed some point in the first quarter. The most encouraging news today is that, just looking at the month of November, we are already up 25% in our membership from where we began on November 1st, and so that's very encouraging for us right now. A lot of things we've been working towards over the last couple of quarters are really beginning to work for us. Our new mailer is working very well for us.
We are striving to have as many titles on release day as is possible. That's one of the things we, through some of the research, we have identified that our members really like about us. Most of people in this business do not have the inventory from on day one. They wait until the titles are available on the used market, and they bring those titles in 2, 3, 4 weeks after release date.
What our research tells us is that the primary drivers in this industry are new releases, specifically on the DVD side. On the game side, it is very much with the new releases very much in line with genre specific titles be that shooter, role-play any number of genres that the gamer has. Having the day one stock is very critical for us and a key advantage that we have over a lot of people in the industry.
We have seen what happened when we launched our XBOX 360 program in the fact that we had titles on the shelf on day one, shipping to our members, and what that did to the demand for the titles and what that has done for us in helping us increase our membership, by having more variety for people to choose from.
Is the company currently capitalized to achieve strategic objectives through the next 12 months?
Absolutely, through our investment partners, we are very well capitalized and GameZnFlix is now at the point where we are no longer a startup business. We are absolutely in the growth and expansion mode and we are well capitalized to take on that state of the business.
How much growth through acquisitions can the investors expect in the next 12 months?
I think more than anything you will see that this industry is at a point in time where consolidation makes a lot of sense. There has been a lot of people who have been in the business for a number of years. A lot of companies that are privately funded who are not public, and are really at the point, in order to take the next step, they need access to capital and/or partners. What we look for in a company is for any type of acquisition target, is someone who is just that. In order to get to the next step, they need money. They've done a good job getting it where it is, but they just haven't been able to break through ceiling of some sort, whether it be marketing expense, inventory expense, growth expense, infrastructure, so on and so forth.
Another thing that we look for in a company is that is the company on-line rentals of movies or on-line rentals of games? Do they make good fit for us strategically? Are we like minded in the way we approach the business philosophy around the business do they have sound membership base? Do they have good inventory on hand that we can bring into our fold and help us expand the inventory that we have? You are going to see from us, that we are very aggressively looking for acquisitions right now in over the next 12 months, you are going to see us very aggressive in that side of the business.
Tell us about the company's management team.
Number one, we got a great management team. We got a core group of five individuals that cover the gamut when you are looking at the business, obviously finance, operatins, marketing, technology, human resources and the core people we have, Mr. Flemming, myself, Chris who runs the web operations side of the business, Arthur, CFO everybody has unique experience in and around the on-line business. We obviously been working to get to this point now for two or three years. Mr. Flemming has laid the ground work for us. So, our management team is really one where we got the right people to help us grow. We are looking for additional people to help us grow in other parts of the business. As we keep continuing to grow in member, We are looking for other parts of the business continue to grow in membership, the number of title, the number of distribution centers we have to continue to bring in good people to take us to the next level. We are obviously not done, and we will be adding others as we grow as we see fit and as the need arise. But as far as the core, we are very sound and have a great team to work with to get us where we are looking to go.
What are some milestones over the next 12-18 months the investors should watch for?
Number one, we already hit on, which is acquisition, in finding companies that are good fit companies to help us grow, can bring subscriber number to us as well as inventory as well as good people Probably in the first quarter is going to be the revised website. We were looking to get that out sooner, but we were counseled that releasing a new website during the holiday season was not a good thing for us to do at this point in time because of all the issues that surround releasing new technology out into the market.
The other thing is expanding our advertising and marketing. And really getting to the point where marketing and advertising is more science. And we understand exactly how people come to us, what drives them to us and what drives people to stay with us, for as long we can serve them, as long as they have a need for on-line subscription. We are looking at things like sponsorship and endorsement programs at different levels. Different sales channels we can look at for offering our service. We are looking at things like, is there potential for us to offer a way for groups and organizations to sell our service as a fund raiser, and are those kinds of things possible?
Obviously the other thing is expansion. Where do we go with distribution centers? How do we expand the business in a smart way in line with membership growth so that we are closer to pockets of members; therefore, so that our turn around time is better Another thing that is very strong for us is what is the evolution of rental business?
We are aggressively looking at a download model or paper view model, one that would allow us to offer to our members a title that is electronically delivered, you know that is the next stage of this business. And whether that be through a computer, to a media center PC that is attached to the television, or satellite system of some sort, or an IP based television, that is something we are aggressively looking at because the technology and more importantly, the market for that may not be here right now, we know that some of the things that has happened in and around the business, that it is absolutely coming, and we want to be ready for it in anticipation of what that is.
Another strong thing for us is expansion into Europe and what that may entail, either through organic expansion or through acquisitions. And really the next things that are internal to the business is you got two new game platforms coming on-line in the spring, Playstation 3 [and Revolution]. You also have, probably in the summer or fall time frame, HD DVD, which is whole new world for us in respect to DVD and its technology. So, those products as we see them are going to be strong for us going into, which they are released and we will want to stay on top of those. So, that's kinda of a laundry list of things we are working on and we are striving for the next 12-18 months.
Do you have any closing comments?
I think the biggest thing is to reiterate that GameZnFlix is no longer a startup business. Everything is in place for us to grow. We are adequately funded. Our internal infrastructure, both from capacity to shipping and receive is in great working order. Our IT infrastructure is at a point in time where we have more bandwidth and more capability especially with things we will be viewing at the website, from que one, is better than we have been with respect to web operatons. Marketing is qued up and ready to go. Our relationship with Circuit City and other relationships we are working on with marketing partners. Website sponsorships and other programs that we are looking at to help grow members, we are very excited about. Everything in essence, is ready for us to take off. We are retaining members better than ever before. We are growing at a rate better than we have ever before.
And it is now time to just "sit back," not necessarily sit back, that's the wrong term, but to manage the growth of the business. And we have to be very strategic The growth is managed in line with everything. the demand doesn't get ahead of supply we don't bring in an exsorbant amount of members that we can serve. Everything has to be done in line so we don't overextend ourselves. One thing about this business is that you have to be very very careful is we are constantly watching the demand. We are reordering customers are satisfied, our ship time to and from the customer are better than it has ever been. Our day one stock is better than we have ever been. We are serving the customer better than we have been because we are watching those things on a daily basis. And so if there is anything I am completely encouraged with the state of the business is just that, we are in growth mode.
And finally, is there a website where investors can go to find more information?
You can go to our website, in the about section of gameznflix.com.
I know it's 1:30 AM (PST), but I wanted to see how the European markets did with GameZnFlix.
Both Berlin and Frankfurt are up 12%. I hope this is in response to the CEO conference call yesterday with wallst.net and indication of US market performance for GZFX later today.
Time will tell, I am off to bed - see you in 4 hours!
Here's a pic of GZFX billboard - Thanks jrod from investorshub MB.
Good morning!
Repost from swing trading MB: (8th post from top)
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg35669#msg35669
Hi Doyle, I not sure if that news would be sufficient to push CBMX price up. You may want to consider NVAX (BTW, David Randolph is buying back NVAX after yesterday's gains) instead of CBMX. NVAX dropped from $6 to $3 recently and I have been waiting for a rebound since. I have bought NVAX several times in the past two weeks, only to sell because the "true" rebound activity was not evident.
Yesterday, it went from $3 to $3.27 (see chart) with volume support. Also, it appears Institutional/Money Managers continued to accumulate NVAX during the past month as NVAX dropped with little selling (see Lycos I-watch chart),and I may buy back NVAX to swing trade.
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=NVAX&range=30&mgp=0&x=22&y=12&i=3&hdate=
As to GZFX, yesterday's CEO conference call with wallst.net is great news! 25% subscription increase only since November 1st is very timely positive announcement that a lot of GZFX holders have known and was waiting to hear announced publicly.
Both Berlin and Frankfurt markets sustained GameZnFlix's 12% gain today despite the fact that European markets are mostly down today (see charts) and this may indicate US market performance for GZFX today. I will be watching both GZFX and NVAX very closely at market open.
Good trading!
"As to GZFX, yesterday's CEO conference call with wallst.net is great news! "
I hope you realized that wallst.net is a pump factory. Have you ever heard bad news about a stock come from them? Read the fine print beneath any of their reports and you'll find they were paid by the company the news is about. They are paid big $ for those promotional interviews, that are suppose to look like news reports. They work closely with boiler rooms. There are many others just like them, too.
I have more respect for SOF than Yahoo and others, and would never pollute their boards with such garbage. That's why there is a fee here, to rid ourselves of the dishonestly that is so easily accessible elsewhere.
Your kidding youself if you think you are doing anyone a service with your posts.
Nice daytrading NVAX.
I bought GZFX at $0.0157 - $0.0159 for the rebound.
The retracement took much lower than I thought. Some on other MBs mentioned that money managers may have pushed the price lower to buy shares at a lower price. Perhaps.
Well, back to the rebound!
Why should we "bother" with chart trends and technicals?
Many of you have asked about the RSI (Relative Strength Index) in regards to stock price.
For this newbie swing trader, my "simplified" definition is:
RSI above 70 - Stock Overbought - Time to Sell
RSI below 30 - Stock Oversold - Time to buy (for my short-term trades, I use 50)
You can find more comprehensive definition and application here:
http://www.stockcharts.com/education/IndicatorAnalysis/indic_RSI.html
I use RSI (14) in conjunction with Moving Averages. Since I am a short-term trader, I use the 10-50 MA instead of more long-term 50-200 MA. (Yes, I learned this here at 3SOF, thanks David and Terlisa! ;))
David Randolph is a strict technical trader, so he will monitor a stock's 10-50 MA and buy as the 10 MA climbs up towards 50 MA, if supported by volume and sell as 10 MA drops down towards 50 MA (Of course, he uses more in-depth technical analysis techniques/methods, but you will have to get that from David ;))
In practice, since I am a short-term swing trader (by definition, making 1-3 stock position trades within 1-3 days), I use RSI approaching above 70-80 as a signal for profit taking, unless extreme buying pressure sustains the price up (I thought perhaps this was the case with GZFX with 400-500 million share volume, but GZFX followed the chart trends and technicals, another lesson learned). As RSI drops towards 50 (not 30 because I am a short-term trader) I use this as a buy signal.
If you look at the chart below, you can see the RSI patterns with stock price up/down movement.
To see the patterns more closely, I did a one month chart (see StockCharts GZFX 1 mo)
I am basically a swing trader, so I don't mind holding stock shares overnight to benefit from any "gap" up or early market spiking gains (which is often the case with a lot of stocks), but since I can daytrade until noon PST, I will take profit if opportunity is presented, to maximize my gains.
I hope this helped and answered many questions about RSI and stock price.
Good trading!
= Update =
I added another chart with RSI (2) to show more exaggerated swing of RSI.
= Update 10:30 PST =
If you look at the intraday chart, steady climb back up. We will know in time if retracement is done and we are back on the rebound gain.
Quote from: tommyt on November 30, 2005, 10:24:36 AM
"As to GZFX, yesterday's CEO conference call with wallst.net is great news! "
I hope you realized that wallst.net is a pump factory. Have you ever heard bad news about a stock come from them? Read the fine print beneath any of their reports and you'll find they were paid by the company the news is about. They are paid big $ for those promotional interviews, that are suppose to look like news reports. They work closely with boiler rooms. There are many others just like them, too.
I have more respect for SOF than Yahoo and others, and would never pollute their boards with such garbage. That's why there is a fee here, to rid ourselves of the dishonestly that is so easily accessible elsewhere.
Your kidding youself if you think you are doing anyone a service with your posts.
I don't think LiveLife reads other peoples posts.
He totally ignored my questions, as well as your post and a few others that were contrarian to his point of view.
Honestly LiveLife, you are starting to sound like one of those Yahoo pumps.
tommyt and ehos,
If what tommyt said about wallst.net is true, I have no way of confirming that. It is tommyt's opinion based on his/her experience and observation about the wallst.net site.
I spent 4 hours yesterday evening listening to the conference call with CEO and wallst.net (over 10 times!!!) and painstakingly transcribed the conf. call for my benefit and other 3SOF members/visitors and for those that I am teaching stock trading in person (yes, swing trading). ;)
At the request of many (newbies to stock trading and not) I started this MB to chronicle my swing trading, as I continue to learn the "art" and "techniques" of stock trading (trend, position, swing, and even day trading!). I do not have to maintain this MB nor spend time posting at other MBs (Yahoo, Raging Bull, InvestorsHub, MarketMillionaire and other 3SOF MBs). But I devote the time and energy to post for those that are trying to learn the often "challenging" aspects of stock trading (in person, by telephone and by emails). I am like them, another newbie trying to learn why stock goes up and down. That's all.
I came to 3StocksOnFire in July and became a member. I came here having lost money stock trading on my own. I came to learn and as I spent an entire month reading the various posts (of course, they weren't perfect, and they made and lost money - July-Sep is historically the bearish market of the year). I did not question the posters why they posted what they posted or why their opinions varied, I just read and took in the information I wanted and discarded information I didn't want.
The several months I spent reading, I hardly posted at all. I was "soaking" in all the information. I wasn't here for idle chat or "socializing" I was here to "seriously" learn about stock trading from those that traded effectively. Thanks to many generous 3SOF members who openly shared stock trading information and "demystified" the difficult concepts of technical analysis (Thanks David! and countless contributing members - you know who you are :D) I am now pursuing stock trading full-time and my full-time day job became part-time.
My only objective is to continue to stock trade and learn to be effective. I am certainly not perfect and I will make mistakes. And unlike most, I chronicle my trades here with transparency. I am still in learning mode, learning each day and continuing to "soak" in information. Heck, I still don't know how to short a stock (shorting GZFX and NVAX would have been nice effective trades! (I don't know if you can short penny stocks). All I know is that money is made in the market whether it is bullish or bearish. Money is made on listed blue ships (large cap), mid-cap, small-cap, micro-cap and even penny stocks! I am in pursuit of learning to effectively trade to make money on all these stocks using as many techniques and methods (even shorting and option trading in the future, I am sure) I am learning right now.
Good trading!
Here's a "bigger" retracement chart for GZFX. Below is intraday chart for Nasdaq. I am not sure if GZFX is "influenced" by tech/consumer sector, but there may be a correlation.
I will hold GZFX through the night and see what happens tomorrow. I have learned to rely more and more of my swing trading (by definition, swing traders use technical analysis) on chart trends. I will wait for retracement to end and rebound gain to resume.
Of course, if it is not, I can always sell and wait for the rebound (like NVAX did after more than 2 weeks!, Dang) and continue swing trading.
Time for lunch and I gotta get ready for work.
Good trading!
Just out of curiosity, I checked to see how the GameZnFlix closed at European markets.
What do you think? (top chart is Berlin and bottom chart is Frankfurt)
While eating lunch I noticed the 2.8 million shares at $0.0159!
I wonder who bought it?
The blue color (cyan) is coded by Scottrade as follows:
"Trade data is color coded so that it is easier to see the momentum of the trades.
* Green color = trade occurred on the Ask,
* Red color = trade occurred on the Bid,
* Cyan color = trade didn't occur on the Bid or Ask,
* Yellow color = trade broke either the High or Low for the day."
= Update =
FYI, I called the Scottrade office and they told me that even if you buy 1 million shares, your buy may be represented by several 100,000 or 200,000 or any combination of blocks.
It's no opinion my friend, like I said, read the fine print under their so-called news releases.
And if you are sincerely trying to learn, take some time to listen to some people who have been around a while. Be suspicious, always. This is only a little stock, and it's surrounded by little scams. The bigger you go, the bigger the scams. There's always a scam, trust me.
Even at the very top, like Millennium Partners, a multi-billion dollar hedge fund, who hired its board members directly from the SEC, are now settling lawsuits with NY attorney general and the fed government over illegal trading in and out of mutual funds. Everyone at the top knew about this illegal activity, because dishonesty is a part of trading, it's the culture. It's everywhere, all day long. The key is how do you make this dishonestly work for you. This is sad but true.
So, if you now look back at all your posts, doesn't it seen a little ridiculous to recycle all that BS you find everywhere on SOF boards? Doesn't it make you feel a little dirty? Or as though you have been suckered? Don't worry, we've all been suckered once.
Relax, and stick around. Nobody here wants you to lose money? And, by the way, I'm holding 500k GZFX for the long term, (and not because of anything you posted).
Quote from: LiveLife on November 30, 2005, 02:08:22 PM
I came to 3StocksOnFire in July and became a member. I came here having lost money stock trading on my own. I came to learn and as I spent an entire month reading the various posts (of course, they weren't perfect, and they made and lost money - July-Sep is historically the bearish market of the year). I did not question the posters why they posted what they posted or why their opinions varied, I just read and took in the information I wanted and discarded information I didn't want.
Very well said LL!
I appreciate your posts and applaud you for being informative on priming us newbies on swing trading. If you don't agree with LL's
research then just simply ignore the post.
At the very least, LL's posts gave me insight on how to go about researching non-penny stocks which most seems to agree where his research/efforts would be more applicable.
Happy holidays,
Wayne
tommyt, rurouni, thanks for your comments and GLTY!
Well, I am off to work!
Nice to see the solid green "Ask" buys!
Quote from: tommyt on November 30, 2005, 03:01:16 PM
Relax, and stick around. Nobody here wants you to lose money? And, by the way, I'm holding 500k GZFX for the long term, (and not because of anything you posted).
Hi Tommyt,
How do you feel about GZFX? What do you mean by long term (your definiton of long term)? Also, when would you call an exit and sell or when would you buy more (if you would and why)? Aside from LL posts I would also like to hear the opinions on GZFX from big traders such as yourself. If you can spare the time, I would appreciate your reply. This newbie needs more insight.
MANY THANKS IN ADVANCE.
I honestly believe NFLX sucks, and is over-hyped and over-priced. As a result, people will look for alternatives. GZFX has an opprotunity to capitalize on this, and MM will see that the need is filled. I don't know how long interests will remain, so my exit will be based on volume. This is a very risky stock, regardless of anything you read. Don't bet what you can't afford to lose. A drop under .0145 or so, and I'm gone. I don't swing, I'm willing to hold as long as GZFX does. I have no time horizon.
Quote from: tommyt on November 30, 2005, 03:46:09 PM
I honestly believe NFLX sucks, and is over-hyped and over-priced. As a result, people will look for alternatives. GZFX has an opprotunity to capitalize on this, and MM will see that the need is filled. I don't know how long interests will remain, so my exit will be based on volume. This is a very risky stock, regardless of anything you read. Don't bet what you can't afford to lose. A drop under .0145 or so, and I'm gone. I don't swing, I'm willing to hold as long as GZFX does. I have no time horizon.
Thanks TommyT
Hi
I don't see what the problem is with Wallst.net
They tell you in their disclaimer that they are paid by the companies. They don't make it a
secret. So they are in the advertizing business.
They promote these mostly otc and pink sheet stocks. I think this provides a place for
the small business management to tell their story to the public and for us to get info.
I don't see the big difference between the companies putting out press releases and telling investers about the company via interviews with Walst.net
They also hold conferences 3-4 times a year where the investers can meet with the company
managers and get info. Ofcourse they chage the companies and the investers go free.
You can talk to Nick Iyer at Wallst.net(1800-4wallst). He is the CEO and is very nice.
By the way wallst.net is going public.
It is owned by Wall street Direct, Inc. which is merging with Financial media group.
The shell company Financial media group is trading under the ticker symbol fngp.ob
http://finance.yahoo.com/q?s=fngp.ob
Lalitha
Lathia,
1. Would you buy a stock that CNBC, or CNN told you to buy while they were getting paid from that company to report on them?
2. You don't see this as a serious conflict of interests?
3. Add to that, wallst.net does not overtly tell you upfront of their relationship with companies, you have to look hard for it.
4. And they appear to be a news company on the surface, all to intentionally confused and trick the novice investor, mostly retirees looking for a growing place to put their pensions so they don't get eaten up by inflation.
This is a major scam, and everyone should avoid everything they recommend.
Thanks dart1961 for the chart post from InvestorsHub MB:
Date:11/30/2005 8:39:10 PM
Post #of 47719
= Move the scroll bar at bottom to see the right of the chart =
Thanks fringe_remnant for post from InvestorsHub MB:
= use the bottom scroll to view the comment on the right column =
Date:11/30/2005 4:05:33 PM
Post #of 47723
Correction: That Was a Beautiful Close
... if you believe that this is a local retracement, and know that it is healthy. If you understand the fundamentals of this play, then you are wringing your hands with glee, especially if you are a buyer.
And if you are a holder, you know the bounce will be great.
I am both today.
tommyt,
Thanks for your concern. But this is what I think:
At the end of all their press releases by wallst.net says something like this:
About Wall Street Network
Wall Street Network is owned and licensed by Wall Street Direct, Inc. All material herein was prepared by Digital Wall Street, Inc., a multimedia provider of original, insightful commentary and news from North America's leading publicly traded companies giving a direct link to the management of today's fastest-growing companies through encompassing executive interviews and sector seminars. The company provides a free service to consumers, and a paid, premium monthly subscription to its members. Digital Wall Street, Inc. has received five hundred thousand free trading shares of NBVB from a third party for press and advertising services for Nationwide Beverage Bottling Corp. Digital Wall Street, Inc. has received thirty three thousand four hundred eighty dollars from GameZnFlix, Inc. for media and advertising services. For a complete list of our business relationships, visit www.wallst.net/disclaimer.asp .
Contact
Nick Iyer
Digital Wall Street, Inc.
800-4-WALL ST
I think this is pretty clear and not hard to find.
As for buying stock they recommend, I don't buy stocks based on anyone's recommendation. I don't even buy or sell when David does all the time. I do my own research as should everyone. Ultimately it is our money.
Good Luck!
Lalitha
QuoteQuote from TommyT: I don't swing
Hmm, that's not what your wife told me ;)
The opportunity with GZFX over the long term is great for sure, hyped up market, hyped up speculators, hyped up chart (well not past couple days anyways).
But as with most pennies there is a dark side that everyone needs to be wary of. I see 2 dark sides that concern me ( I don't have a position as yet for those 2 reasons). 1) Read the 10Q filing there is a section relating to huge stock dilution due to a deal with a finance company that is tied in to stock price. GZFX actually state that the number of shares they might have to issue to the company if they exercise debentures is basically unlimited. I posted this info a few days ago in this thread. 2) Naked shorting, the fact that GZFX is listed on Berlin is not because they requested it, it is because of an historical scam whereby loads of OTCC stocks were listed on the Berlin exchange by a German stock broking firm (without the companies consent or initiation) for the express pupose of naked short selling. Many of those affected companies have spent a lot of time, money, effort to get themselves delisted from Berlin. In fact again in the GZFX 10Q filing they also state the debenture deal I mentioned above could make them succesptible to naked short selling 'attacks' Do a google search 'naked short selling Berlin' and see for yourselves. Or read this http://www.faulkingtruth.com/Articles/Investing101/1004.html
So, those 2 factors make me very wary especially when trying to predict where a pullback will go to.
Anyway enough of my ramblings, looking at the chart you really want $0.015 to hold.
Good Luck
Quote from: tommyt on November 30, 2005, 04:49:12 PM
This is a major scam, and everyone should avoid everything they recommend.
No offense Tommyt but i disagree with you about wallst.net. I happen to think that it is a great website that offers info about a company from a different approach than a PR. No i dint buy anything for the sole fact that they reccomend it. I do my DD and this is just another part of that research.
Wallst.net is a form of advertisement. And advertising costs money. I see no problem with a company paying for an advertisement IMO.
Quote from: AussieTrader on December 01, 2005, 01:28:53 AM
QuoteQuote from TommyT: I don't swing
Hmm, that's not what your wife told me ;)
LOL :)
Quote from: tommyt on November 30, 2005, 03:01:16 PM
Relax, and stick around. Nobody here wants you to lose money? And, by the way, I'm holding 500k GZFX for the long term, (and not because of anything you posted).
Just out of curiosity, are you selling those 500k shares based on the fact they were featured on wallst.net?
-fousc
I happen to think that it is a great website that offers info about a company from a different approach than a PR. ????
Like I said in the beginning, I have more respect for SOF than to use it as a place to re- distribute conflicted garbage, that appears to be a source of DD. Come on. I hope everyone makes money and I didn't say I'll sell GZFX, I owned it before Wallst.net so-called interview. They are deceptive, why not call it what it is? They know most people have a limited amount of time, and will only listen to the interview and move on. Few, on a percentage basis, will scroll down and read a footnote, then click to another website to read more footnotes. Why don't they tell you their relationship with the company they are interviewing on the air?
Isn't SOF about being honest? Working together to find a way around all of the scams out there? What's the point of us just cutting and pasting everything we find without "discussing it for what it really is"? Before I brought this up, nobody mention it. Now everyone states they knew this, but like wallst.net for other reasons.
There is gambling, and there is investing. And I admit I'm gambling GZFX has a chance of stealing some market share from NFLX here, but when I gamble I don't need to find false re-assurance for my bet. When I invest I want integrity. Paid mouthpieces have no integrity.
Good morning!
Today is the first trading day of December! Looks like many trades were closed out yesterday to finish the month of November (even David Randolph closes out his Fast 3SOF folder at the end of each month and is starting his new trades this morning for December!).
All the European market are in the green (see charts) and both FTSE and DAX are up significantly with momentum building in the latter part of the trading day!
If US market rebounds today, especially with Nasdaq, then good news for tech/consumer sector which has taken a dip the last few days. If GZFX has been trending with this sector, then it may trend up if the rebound occurs. As always, time will tell.
As to GameZnFlix, the more people I talk to, the more are expressing their inability to get the movies they want with Netflix and are willing or already have switched to GameZnFlix to give them a try or to benefit from combination movies and game rental. With 25% increase in the month of November alone, as the word spreads about and people learn of GameZnFlix, the continued increase in subscription will be a "matter of time."
Have a nice trading day everyone!
Isn't this about a 60% retracement point this morning, from the .005 to .025 run ?
Chartmarkers can do the confirming.
Quote from: atalltexan on December 01, 2005, 10:01:46 AM
Isn't this about a 60% retracement point this morning, from the .005 to .025 run ?
Chartmarkers can do the confirming.
Yes its just below the 61.8% fibbonacci retracement though will confirm an uptrend if rallies tomorrow........ please hold!please hold!please hold!please hold!please hold! :-\.
good luck fellers. A rally towards the end of the day would be nice to create a nice bullish hammer candle stick :D.
-fousc
Fousc,
Not being able to watch constantly I would like to know how much of the 423 million is buy volume......TYIA,
RJ
Repost from swing trading MB: (fousc I see your chart now!)
Many have asked about retracement and how low it is supposed to go.
My wife and I looked at many charts all morning and did a "rough" trendline for GZFX.
If the current price is at the trendline with RSI(14) below 50, then we should be rebounding from now.
I also did another chart (see below) with vertical lines right at the bottom of RSI(2) drops that correspond with gains. I know many have questioned the "technical" trending of stocks, but the chart looks faily compelling.
(I didn't want to lose detail, so use the scroll on the bottom of chart to see the right of chart)
fousc, what do you think?
= update =
Am I happy to see the rebound! Well, gotta get ready for work!
BTW, market is closing up!
Quote from: RJ on December 01, 2005, 02:32:00 PM
Fousc,
Not being able to watch constantly I would like to know how much of the 423 million is buy volume......TYIA,
RJ
Hey RJ, Sorry i don't know how to figure that question out for ya.
As for today..... Well this whole week wasn't very fun to watch. Though im in for the long term and pennies are volitile and take time to develop. Todays candle was of a little encouragement though making a bounce off the original asecending trendline that i was following when i entered my position at .0069. Hopefully we will end the week on an up note with rally tomorrow ;D.
-fousc
Thank you Fousc for your reply.
I have a question for Aussie in regards to GZFX being on the short list.......does it matter if those of us who are long put in a sell order ? I have seen this statement made on many occasion but I have yet to be able to confirm that it actually makes a difference. I would not be surprised to learn that this board comprised a large portion of the O/S. I appreciate your view and comments as it keeps a balance in place.
RJ
Hey RJ,
I have no data or proof regarding GZFX being systematically naked shorted, my comments really point out that they are 'high risk' for that type of manipulatory wheeler dealings. Your sell orders will have no bearing on that sort of thing.
I think the Fousc chart shows very nicely where you want support to hold.
Good Luck
Good morning!
I just posted my European/US market and GZFX updates at 3SOF MB: (6th, 7th and 8th posts from top)
http://www.3stocksonfire.org/trading/index.php?topic=3635.new#new
I agree with FOUSC on this one. Perfect tag of the LT trendline! >:D
Also a declining wedge that needs to be broken out of. Time to start accumulating down here...
Repost from swing trading MB:
lalitha0 and rurouni, thanks for your comments.
toysrusucks provided the link from Yahoo MB for GameZnFlix being traded in the European markets. BTW, Netflix and many other stocks are also traded on the European, Asian and other world markets:
http://finance.yahoo.com/q?s=PQJ.BE
http://finance.yahoo.com/q?s=PQJ.F
rurouni, I use the Yahoo finance site to get the world market quotes.
(Yahoo > Finance > Investing > International > Indices > Europe)
http://finance.yahoo.com/intlindices?e=europe
Finally! Here's the PR for the GameZnFlix CEO interview with wallst.net. (Better late than never! If PR was released Mon-Wed, things may have been different. Still good news for GZFX) ;)
You can read my transcript of the interview here: (4th post from top)
http://www.3stocksonfire.org/trading/index.php?topic=3635.165
= Dinner time, so I don't have time to add any commentaries to the chart, so I will post back later! (I've been talking to newbies I am teaching intro to stock trading, and I am thinking about doing "Template" trading for them. I will post it this weekend. =
http://biz.yahoo.com/prnews/051201/lath027.html?.v=34
GZFX, SECU and QCOM Update the Investment Community in All-New Interviews With WallSt.net
Thursday December 1, 7:00 am ET
NEW YORK, Dec. 1 /PRNewswire/ -- On November 28, Donald Gallent, Chairman of GameZnFlix, Inc. (OTC Bulletin Board: GZFX - News) updated the investment community in an all-new, exclusive interview with Wall Street Network (www.wallst.net). Interview highlights include detailed discussions on the following topics:
* progress of Circuit City deal
* on-demand platforms
* current capitalization
* acquisition strategy
* competitive edge
* management team
* upcoming strategic and financial milestones
To hear the interview in its entirety, and to read an in-depth report on the Company, visit http://wallst.net/superstock/GZFX/gzfx.html
About Wall Street Network
Wall Street Network is owned and licensed by Wall Street Direct, Inc. All material herein was prepared by Digital Wall Street, Inc., a multimedia provider of original, insightful commentary and news from North America's leading publicly traded companies giving a direct link to the management of today's fastest-growing companies through encompassing executive interviews and sector seminars. The company provides a free service to consumers, and a paid, premium monthly subscription to its members. Digital Wall Street, Inc. has received thirty three thousand four hundred eighty dollars from GameZnFlix, Inc. for media and advertising services. Digital Wall Street, Inc. has received three hundred ninety seven thousand restricted shares of SECU from the company for media and advertising services. For a complete list of our business relationships, visit www.wallst.net/disclaimer.asp .
Contact
Nick Iyer
Digital Wall Street, Inc.
800-4-WALL ST
Source: Wall Street Network
Sorry about the stock buying "template" and class info. Our son was sick all weekend and the class had to be cancelled. I think I am beginning to be get what he has :-\ and trying not to be sick also.
I didn't spend anytime this weekend on 3SOF or stock trading.
I will post the info on the "knowledge base" as I get a chance.
Thanks noaholiva for the comparison info below from Yahoo MB - I think people can see that GameZnFlix has a very strong "competitive" position against two "top" DVD/game renters, Netflix (DVD only) and Gamefly (games only).
With GameZnFlix's free 14 day trial, many that I know are trying GameZnFlix. So far, their experience has been good (typically receiving DVDs/games in about 2 days) and consider this "acceptable" since they had problem getting new releases and their choice of movies in their que with Netflix. Being able to rent games for their kids is a bonus, and they don't plan on spending money on new games for their kids. ;)
For long-term, I believe GameZnFlix has a good shot at increasing subcriptions significantly to be more than profittable (I am buying GZFX for my Roth IRA account to replace some of HANS). Short-term stock price gain/loss, now that's another story, and at this point I can't say, but I will have to let the market dictate that in the coming weeks.
12/04/05 10:51 pm
Msg: 74107 of 74107
for those of us who actually research,some information I have collected in the past couple of days, any comments, just email me
[email protected]from company pages
Netflix-
50,000 dvds
37 distribution centers
1 day delivery
$18 a month (3 DVDs)
Gamefly-
3,000 video games
1 distribution center
2-4 day delivery
$21.95 (3 video games)
Gameznflix-
40,000 video games and dvd's
4 distribution centers
1-4 day delivery
$16.99 a month (3 video games or DVDs)
With my family finally in bed, I started back on my GZFX research. I decided to go to the source and check out GameZnFlix website knowledge base. My findings are very "illuminating!"
Enjoy! (I posted the corresponding graphics below)
Here's the link to knowledge base: http://www.gameznflix.com/support/categorized.asp
This is a recent post (Dec 2 2005) on GameZnFlix knowledge base asking why some Circuit City stores are unaware of GameZnFlix (see "GZFX and Circuit City"):
I did not know Circuit City sent out 50,000,000 flyers each week!!! =WOW=
http://www.gameznflix.com/support/issue_view.asp?ID=14909
I had to smile when I read this on gameznflix website asking if GameZnFlix stock price will go up (see "GZFX stock price"):
http://www.gameznflix.com/support/issue_view.asp?ID=13369
The fact that GameZnFlix responded to the this question asking for the outstanding share information is positive, in my opinion (see "GZFX outstanding shares"):
http://www.gameznflix.com/support/issue_view.asp?ID=14119
This question is regarding how shares are sold (see "GZFX new shares"):
http://www.gameznflix.com/support/issue_view.asp?ID=14778
= continued on next post =
GameZnFlix website knowledge base continued.
This is GameZnFlix "grassroot" questions where "fans" are making flyers and distributing them!!! Yes, it is true! Some people are actually doing this! Can you believe? What dedication... (see "GZFX grassroot"):
http://www.gameznflix.com/support/issue_view.asp?ID=14582&CATE=6
Here's another question on GZFX (see "GZFX stock"):
http://www.gameznflix.com/support/issue_view.asp?ID=14899
I thought this question was very good, as to GameZnFlix 40,000 titles (see "GZFX 40K titles):
http://www.gameznflix.com/support/issue_view.asp?ID=14697&CATE=6
This is regarding GameZnFlix being listed in European markets (see GZFX Europe):
http://www.gameznflix.com/support/issue_view.asp?ID=15003&CATE=6
This is very interesting. According to knowledge base, "BETA" version of "online movie download" program is READY!!! Yes! (see "GZFX Beta Movie Download"):
http://www.gameznflix.com/support/issue_view.asp?ID=14995&CATE=6
I wonder how many websites would be interested in GameZnFlix's affiliated program? (see "GZFX affiliate program"):
http://www.gameznflix.com/support/issue_view.asp?ID=19&CATE=8
Here's one website that is interested (see "GZFX affiliate program interest"):
http://www.gameznflix.com/support/issue_view.asp?ID=471&CATE=8
Another affiliate program related Q&A (see GZFX affiliate Q&A):
http://www.gameznflix.com/support/issue_view.asp?ID=20&CATE=8
Here's one stock holder speaking his mind (see "GZFX Mr Fleming"):
http://www.gameznflix.com/support/issue_view.asp?ID=14916
Here's a question regarding Circuit City national rollout (see "CC National Rollout"):
http://www.gameznflix.com/support/issue_view.asp?ID=14636
Here's the 17 Circuit City stores piloting (see "17 CC Pilot"):
http://www.gameznflix.com/support/issue_view.asp?ID=14286
Here's XBOX 360 launch and GameZnFlix "pre-releasing" the games before the console. Great going GameZnFlix! (See "GZFX XBOX 360):
http://www.gameznflix.com/support/issue_view.asp?ID=13896
Thanks coingeek for the post from Raging Bull MB:
05 Dec 2005, 09:57 AM EST
Msg. 174870 of 174920
I have been visiting the stores near me sinced Nov 1st. My visit to the CC closest to me yesterday is all I needed to convince me that I've got something here, and to wait out all of this MM baloney.
I visit these stores regularly so I can "monitor" my investment. I have had some concern in the past because initially the DVD jackets didn't seem to be moving that fast. (Of course, you never really know how much back stock they have either.)
The store I visited yesterday has two separate displays of the GZFX DVD jackets. One is located near the main aisle at the beginning of the DVD section, the other is an endcap display in the middle of the section. As I walked down the main aisle, I came upon the GZFX display and couldn't believe it. It was wiped out. HOLY CRAP! There were only a couple of DVD jackets left on this display. Just last week, this display was packed full. So I immediately went to the endcap display. It too was well depleted (however there were still a handful left here.) It is obviuos to me that these things are moving.
Next, as I always do, I singled out a salesperson to ask him about the promotion. (I do this so I can get a random sample of their knowledge.) Once again I was not disappointed. He knew the program to the T, and was pumping it to me with enthusiasm. This is exactly what my first report said I felt they needed to do. So I asked him, "do you get some kind of incentive for selling this?" He wouldn't answer me directly, but said, "Every salesperson here has be instructed to suggest it to every customer".
BINGO! That's all I needed to hear. There is no doubt in my mind CC is taking this seriously. And there is no doubt in my mind I won't be parting with my shares until I see how this unfolds - completely.
Good luck to all, whatever your position.
But as to current stock price activity, I believe what is happening is this post:
= In the spirit of the "swing trading" method, you sell and buy back more shares. You can also do this as the stock is going down in price, so when the stock rebounds, you will still have more shares. Of course, as I posted numerous times before, at any time you are "uncomfortable," holding cash is a very viable trading option and buy back when you are "comfortable again."
Thanks pagdinger3 for the post from Raging Bull MB:
05 Dec 2005, 10:01 AM EST
Msg. 174875 of 174922
Just remeber folks take profit when you can, limit your losses. No company has ever survived financing with no bottom limit to warrents. So buy on dips where you see bounces and take profit.
Thanks lta_guru for the post from Raging Bull MB:
05 Dec 2005, 10:02 AM EST
Msg. 174876 of 174927
MUST READ! THE RELEASE OF MICROSOFT CORP.'S (MSFT) Xbox 360 just two days before Thanksgiving juiced videogame rentals during that key holiday-shopping week. U.S. consumer spending on rentals shot up 44% to $24.4 million during the week ended Nov. 27, from $17 million in the prior week, according to point-of-sale research by Rentrak Corp. (RENT) Among the top Xbox 360 titles rented that week were Activision Inc.'s (ATVI) "Call of Duty 2," and Electronic Arts Inc.'s (ERTS) "Need for Speed Most Wanted" and "Madden NFL 06."
This is just my opinion.
When the last 5 days of profit taking and sell offs, all the "nervous" and "uncomfortable" sellers probably took profit or sold at loss.
Those that took profit and watched the stock price fall will buy back at some point and "hold" shares along with long-term holders until the next sell target.
= Stock price up and down is dictated by the law of "Supply and Demand." When the sellers out number the buyers, stock price goes down. When the buyers out number sellers, stock price goes up. If stock holders are not selling, "Bid" price must be continuuously increased to "entice" the holders to sell. Yes, this rule of "Supply and Demand" applies to every stock (with some exceptions merger, buyouts, etc. - and perhaps money manager/market maker influence. Penny stocks, unlike "listed stocks" (NYSE, Nasdaq, AMEX) don't need a seller to buy. Outstanding shares can be bought directly without going through a seller. - correct me if I am wrong - ;)). =
When the share price rebounds, it will bring in more buyers (who sold at loss and new buyers learning of GameZnFlix (probably through Circuit City, GameZnFlix flyers/website, internet/MB "buzz" and word of mouth).
Whether this is the case, time once again will be the judge.
Good trading!
I'm a newbie to this board but wanted to chime in based on my recent experience with Gameznflix. Signed up for the 2 week trial coming on two weeks now just to test the service. From what I can tell, this Company has come a long way operationally. The website is much improved and the service (2 days average delivery time for me) has been very good. I was able to rent 9 Movies/Games in the two week period using the 3 out plan. I haven't been able to test the availability of recent releases as they aren't available to trial members. Hell, based on the very low standard that my Netflix and Blockbuster experiences have set for recent release availability I'm not very worried about GZFX beating them.
Bottom line, I'm keeping my GZFX subscription and dropping my current Blockbuster subscription. The availability of games for the kids is key but the price and service sure don't hurt either !
If I were to pick a bottom this would be it.... If GZFX gets to .011 ish I will pull the trigger. Right on the blue support line.
>:D
Thanks for the great posts LL and Calven. Welcom to 3SOF I. M. Knoswine!
GZFX seems to be holding at about 0.124 for the moment. I hope it stays this way. LL, I had read your posts, I guess if anything one should hold until December 15th (GZFX will make an announcement on that day)
Bought 310,000 @ .0123
Let's roll
>:D
Nice to see you in on this to calven! Im sittin on 577,300 shares hoping to make some nice bags of the next few months :D By the way your chart image isn't loading i dont know if its just for me or for everyone?
Nothing too exciting for price action today though the lows of the day have been increasing over the last 3 trading sessions. This could be a sign of momentum building and a rally in the near future. Hopefully this week.
As for now my trading plan is simple. Hold as long as price action close above the ascending trend line wich stands at .011 tomorrow.
Good luck to everyone holding ;D
-fousc
Fousc,
Today's low went past your 0.0110 limit today... What is your plan of action? if any...
Livana,
I believe Fousc will base his exit on the closing price at or above .011 and not on the interday.
RJ
(Fousc forgive me if I am incorrect, but that is how I understood your statement above :))
In at $0.0112 and $0.0109.
Let's roll!!!
GLTA,
Gielda
I am holding cash to see where GZFX goes. When it rebounds, I will buy back.
yep.. everyday for the past week I've been thinking that. Don't mean to sound too pessimistic here but is that stock REALLY going to get back up??
Livana,
Same was said for NVAX when it went from $1.50 to $6 and back down to $6 to $3.
Many said NVAX would never rebound. When RSI hit below 50, it turned and NVAX rebounded from $3 to $3.94.
Will GZFX rebound? Time will tell, that's why I would like to see RSI rebound, both (2) first and (14).
When it rebounds, I will buy back to ride the gain, and since I am a swing trader, I will take profit.
BTW, as I mentioned (waaaaay) before, penny stocks are very volatile, and those that trade penny stocks will take their profits earlier than "listed" stocks.
It's fallen pretty hard from 2.5 cents a share, to almost nearly 1 cent a share today. Obviously it's been hit hard with sell-offs.
I own a small amount of shares of this company, (Bought at 1.78 cents a share) and watched it rise and fall pretty quick.
While I did buy it on an upswing, I decided not to sell, and thought this company can do a lot better longterm.
Thoughts? Opinions?
Quote from: RJ on December 06, 2005, 01:30:53 PM
Livana,
I believe Fousc will base his exit on the closing price at or above .011 and not on the interday.
RJ
(Fousc forgive me if I am incorrect, but that is how I understood your statement above :))
Thanks RJ for verifying that ;) I do base my exit on the closing price, and make my decision the following day. Mainly because false breakouts occur many a time in the stock market, i usually wait for confirmation before making a sale or purchase. So tomorrow i will wait for confirmation of a break of the descending trendline and make the decision to sell or hold towards the close.
Even with this breakdown of the ascending trendline i am reluctant to sell my position. With an overall cost basis of .015, i believe i have a great position for the long term if GZFX can live up to its potential. If this circuit city deal goes national i won't be surprised to see pps to go .10+. Though thats just one 21 year olds opinion ;). Who really knows where pps is gonna go.
Another thing penny stocks are very difficult to trade using TA. They can change anywhere from 1-500%+ in one day! So using trendline, Moving averages, etc. arn't always the best way to trade pennies. Unless your a pro at daytrading, which i don't do, or such as livelife with his swing trading strat you can make quick profits in a 1-2 days. Yet thats not how i trade. I only buy pennies that i see value in and that i can speculate on for longer term.
If this weren't a penny i would sell without question on the break of the ascending trendline. But since i see value in GZFX, and more importantly, its a tiny volitile penny with an enormous amount of shares traded every, Its going to be a bumpy ride with anxious buyers and sellers. But im speculating on this deal with circuit city and i will likely take this rolling roller coaster all the way to january 15th to see what goes through with the circuit city deal. If the deal fails? im out as quick as you can say.......im out :D And im sure everyone else will be to >:D
Good luck everyone!
-fousc
Hey Calvin87.
I see your a newbie to posting here on 3sof. This is a great site im sure you'll love it. But before you post on a stock be sure to type in a search of the symbol before you start a new topic as we here try to keep one thread per stock ;D. No worries though ive done it in the past as well. Just giving ya a heads up.
Link to original GZFX thread:http://www.3stocksonfire.org/trading/index.php?topic=2047.195
-fousc
Fousc, LiveLife,
Thanks for your responses!
I just calculated that if I were to attain a 0.015 average buy (which is what you have Fousc), and stay in my $250 budget, I would need 11,170 shares @ 0.00995 (that's including commissions)... hhmm ::) Well, if it keeps going down tomorrow I might actually make it!! We'll see...
yea, im doing the same as fousc, but thats also just a 20 year olds opinion haha. i bought in way too high considering what its at now, if id only waited a few more days... oh well, im holding and believe this stock still has the potential to make me a lot of money. hopefully as this thread suggests we'll see at 29% jump again soon. good luck.
This will not sound rational probably...I have 225,000 shares. Now, if that were Microsoft, or Exxon, or even Viropharma, I could probably get some attention...might even get some love....but...at .0084 for half and .019 for the remainder, I am at close to even and a fly or speck on the wall. Live Life I believe has quite a bit more....again...in the real world, a monumental amount....but in penny land.......we are considered part of the melee of the market. My son has a Netflix subscription....2 movies a week....after dealing with Blockbuster, these guys are jewels.....he is not a gamer...neither am I, but I am going to introduce him to GFZX and see if he (much more intelligent) makes a decision to change.....many of us who are long this stock (DREAM) of a netflix valuation....think of it...225,000 at $5.....or $10....or even $1.95.........so...this makes most of us "investors"...not traders. The sad part is ...we become more of a gambler than a trader.......and discipline be damned......
This is still the greatest space on the web.....Merry Christmas to all of you and no insult intended to those of you who might be of other preferences.....to hell with political correctness ;D
RJ
Good morning,
I am bought back this morning at $0.0105 - $0.0107 (1.2 million shares).
Good trading!
well, i jumped into this stock really late (330k shares @ .023 as a matter of fact) and almost sold it the monday after Thanksgiving, just cause it had risen a bit, but held instead, and i've watched it slowly cut my position in half. Admittedly, I'm a bit worried now that we may not see .02 again, although it fought hard this morning, but seems to have stabalized. I'm not good @ TA, but i read everything you guys write and can hang up to a point. Guess my question is, does anyone here really think that this stock is going to rebound and make it outta this slump? According to the inteview w/ the CEO yesterday, he's doing all he can to get the word out and is doing everything he can to make the company run.
One last thought, no matter how far it goes down, everytime it bumps up just a little, it's like an adrenaline rush I can't describe. I am starting to wonder if I should just cut the cord and take my losses like a man, though.....
Kids will want to play video games over x-mas. Parents will rent games for them. GZFX will make sales. Sales will be announced and the stock will move again...patience.
in from .0123
Fousc....I re-examined both of our charts and I think we drew our suppport trendline wrong...it actually comes in a little lower than we annotated.
Cal
Quote from: rv on December 07, 2005, 11:36:35 AM
According to the inteview w/ the CEO yesterday, he's doing all he can to get the word out and is doing everything he can to make the company run.
Was there an interview with the CEO yesterday? Did i miss something here?
And like calven said......Patience :) new companies take time to grow, and so does there pps.
Quote from: calven on December 07, 2005, 11:54:52 AM
Fousc....I re-examined both of our charts and I think we drew our suppport trendline wrong...it actually comes in a little lower than we annotated.
Cal
Im not sure if i see it Cal i looked at my chart and my trend line appears to be accurate to me?? I'd like to see an example of what you mean.
As far as the weekly chart for GZFX, it may be too early to hope for, but it is a possibility. As of right now the weekly chart is forming a bullish reversal hammer candle and also looks to be bottoming out at a support level. Only time will tell :D.
Well im off to take a final for school.... wish me luck ;D
-fousc
The log chart shows a pretty good bounce also. Looking for a pickup in volume now...
Quote from: rv on December 07, 2005, 11:36:35 AM
well, i jumped into this stock really late (330k shares @ .023 as a matter of fact) and almost sold it the monday after Thanksgiving, just cause it had risen a bit, but held instead, and i've watched it slowly cut my position in half. Admittedly, I'm a bit worried now that we may not see .02 again, although it fought hard this morning, but seems to have stabalized. I'm not good @ TA, but i read everything you guys write and can hang up to a point. Guess my question is, does anyone here really think that this stock is going to rebound and make it outta this slump? According to the inteview w/ the CEO yesterday, he's doing all he can to get the word out and is doing everything he can to make the company run.
One last thought, no matter how far it goes down, everytime it bumps up just a little, it's like an adrenaline rush I can't describe. I am starting to wonder if I should just cut the cord and take my losses like a man, though.....
MY 2 CENTS:Well after doing some research on top of the already great research offered by LL and other members on this stock and learning everything I can about it I also went for a try on this stock (went in @0.021) which is not far from where you went in. I figured, with the gain I was going to join 3SOF but my amateur luck ran short (2 days to be exact then it went down hill from there).
However, the more I read about GZFX the less worried I am because I do believe in the company. In fact, I do believe that the stock will go up steadily without any problem if the CC deal goes smoothly after December 15th (30 days before January 15th) and if all is well after January 15th there is a chance that CC will be adding 55 stores a month to further promote GZFX. What we are seeing now is simply price manipulation by the Market Makers NOT because the company is in trouble.
Feel free to correct me if you think differently since I like to keep a good balance of opinions. Since I am a newbie, I guess penny stock was a bad way to start investing LOL ;D
well, trying not to jinx us by saying anything negative, but i'm w/ you on this, i think it will be ok too, but when you lose half your position,(even if it's $100), you butt sure seems to pucker more.
i just wish GZFX would have pushed for a contract w/ Circuit City before xmas, instead of finalizing it right at xmas....
although, i am enjoying the run right now....
Quote from: rv on December 07, 2005, 01:04:56 PM
well, trying not to jinx us by saying anything negative, but i'm w/ you on this, i think it will be ok too, but when you lose half your position,(even if it's $100), you butt sure seems to pucker more.
i just wish GZFX would have pushed for a contract w/ Circuit City before xmas, instead of finalizing it right at xmas....
although, i am enjoying the run right now....
I think the timing for GZFX couldn't be any better. They are in the XMAS market dead on time. It is just the MM playing their little games. I once read, Dan Zanger it was I think said - if you can't watch your portfolio loose 50% of its value and hold on to it then you shouldn't be in the stock market.
AND remember, you are not loosing until you sell. So even if the company is in an OKAY shape and I believe that it has a good product, market and not too many competition like GZFX I am going to hold on until I make money or loose it all (which I doubt will happen). I have no regret investing in GZFX, I was going to jump in the boat no matter what. I only regret my timing. We could have bought 2x more shares than we did.
For a little motivation, Mr. Zanger claims to hold historic record breaking trades, turning $10,775 to $18 million in 18 months according to Fortune Mag with tax stub to prove it. Good leisure reading. 3SOF is still the best site on the www. I hope our time will come soon. >:D
Good Luck.
i agree w/ you, and only wish i had 2x the shares as well...
on Mr. Zanger in Fortune...i currently get Fortune, which issue and what page? just curious. just got the December 12th issue....
Quote from: rv on December 07, 2005, 01:53:00 PM
i agree w/ you, and only wish i had 2x the shares as well...
on Mr. Zanger in Fortune...i currently get Fortune, which issue and what page? just curious. just got the December 12th issue....
Hi RV,
No, we are talking about the issue from mid of 2000 I think. Here is the Fortune article http://www.fortune.com/fortune/investing/articles/0,15114,373687,00.html
Here is a little more info about him http://www.investopedia.com/articles/trading/04/082504.asp and he does have his own website www.chartpattern.com that teaches his technique for a hefty $5Gs or something like that.
Quote from: fousc on December 06, 2005, 05:16:57 PM
Thanks RJ for verifying that ;) I do base my exit on the closing price, and make my decision the following day. Mainly because false breakouts occur many a time in the stock market, i usually wait for confirmation before making a sale or purchase. So tomorrow i will wait for confirmation of a break of the descending trendline and make the decision to sell or hold towards the close.
As you can see this was a great example of why i wait until the next days close to make my decision. Those damn false breakouts will get yah ;D. A close above the ascending trendline tomorrow will confirm that this was indeed a false downside breakout of the ascending trendline.
-fousc
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11110;image)
As for the weekly chart a potential bullish reversal hammer candle is in the making. Ending the week with a hammer candle would be great. Hopefully a white one :). As well weekly MACD is just turing into positive territory.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11111;image)
Are these just errors. Or do these totally out of place spike orders actually happen?
I was watching level 2 and watched a buy order go through at .118 for 250k shares...........................i dont get...... ??? and then drop right back down to .012 a couple seconds later.
-fousc
i've seen those as well...and i've also observed that those trades that are much higher, are the bids, but i've also seen numerous ones in the last week, at .0012, and these are the ask trades. it's unfortunate that the market will accept these trades, pending funds available, to go threw. my theory is, it's people like you and i, trading online, and they accidently punch in the wrong number, and the electronic trade still goes thru...
i kinda feel sorry for the unlucky people that do this to themselves. i use ameritrade, and if you update your main page to show your positions, it will let you know what your account is worth. this morning, i just happen to update it during a trade that went thru at .118, and it showed my account up 418%, and my heart skipped...it was fun for a few minutes.
Todays closing chart:
The downside breakout is looking to be false due to the fact the closing price today was above the ascending trendline. Tomorrow would be nice to have a rally to have a stronger confirmation of this false breakout as well as brighten our spirits for the weekend ;D
Tomorrow the ascending trendline stands at .01169
-fousc
Yeah, I was relatively bummed with today's performance. There's been pretty low volumes as well. Hopefully tomorrow we'll see some gains.
But today's loss was small - $0.0004 3.24%
Good morning!
I did finalize and revised the stock trading template as I mentioned in the swing trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.225
Here's the template applied to GZFX.
i've been curious as to why GZFX stays around .012 lately....i don't think it's institutional, but it certainly seems, after watching Level II and "Last Sale" in Ameritrade, that something is keeping this stock down right now. In Last Trade, it will show tons of buying and one or two sales at a fraction of the amount of buys, and it will then go down and grab another sell, and then another. why is that? I'm beginning to think i don't understand the entire Level II concept of, more buyers, stock goes up.
also, just a quick note about EEEI, and LL, i'm not bashing you, but maybe a good entry point was yesterday afternoon. nice little pop first thing this morning w/ a 20% gain w/ your morning coffee. just kiddin' ya!
RV,
I think the MM are keeping the price down for a reason. If GZFX were to last they cannot let it run at 0.02 cents for the moment. Short burst of price manipulation was ok and we bought at the highest. However, the company is not yet ready to sustain that kind of stock price. As Peter Lynch suggested that ideally a reasonable stock price should follow the earning per share.
well, i don't totally dissagree w/ you, and i'm not trying to argue w/ you, but i wonder why MM's would mess w/ just a small stock....it does have a huge amount of oustanding shares at a penny. but, i hope you're right, and i hope if this contract goes thru, they buy it til it's a 500 million dollar company.... ;D
I do agree with you very much and I am also pissed off at the MM. I read that in penny stock, the MM can be the broker/promoter itself. It could be even just 1 broker that promotes this stock instead of a syndicate of brokers which make the stock price easier to manipulate. So the MM (brokers) are manipulating the price because they profit when they: short, sell/buy stock. Especially around xmas times, brokers have to eat and buy presents too so the more stock they buy/sell for clients, the more commission they will get. We just need to hold a little longer. If this baby takes off and institution start buying into it, that is when the ball will start rolling.
Does anyone know the OS count on this one...I'm just wondering how many institutions will buy this stock with there being multiple zillions of shares outstanding.
insider:
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3830814
Quote from: deadcenter on December 09, 2005, 01:48:49 PM
Does anyone know the OS count on this one...I'm just wondering how many institutions will buy this stock with there being multiple zillions of shares outstanding.
Hey deadcenter. According to marketwatch.com, GZFX currently has 1.21 billion shares outstanding.
Great news La-Onda! With the CFO deciding to buy just before the circuit city deal goes full throttle, it probably means he feels the CC deal is going good enough that he has the stones to buy in before the final decision is made about the Future of GZFX and CC's relationship.
As for today, up 5% and another bounce off the ascending trendline. No complaints here ;D Have a great weekend everyone :D
-fousc
Yep, I'm not complaining either. A 5% bounce is always nice.
My only concern is the volume, but I'm feeling relatively comfortable about GZFX's current position. I'd expect the stock price to remain relatively the same (maybe a little increase) until we hear more about the Circuit City deal.
Why does the Form 4 where De Joya bought 5 million shares show the price as $0? Anyone know?
Quote from: basonista on December 09, 2005, 08:47:11 PM
Why does the Form 4 where De Joya bought 5 million shares show the price as $0? Anyone know?
Someone please correct me if I am wrong but my guess is that he was AWARDED those shares thus
acquiring the shares resulting in the $0 price. However, the title above the box is "
Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned". I am wondering if being awarded shares of the company fall under the category benefically owning the shares OR acquiring it? What is the difference between the two? Please clarify this if you know.
Thanks.
Hold GZFX for now?
Quote from: LiveLife on December 10, 2005, 06:35:33 AM
Hold GZFX for now?
I'm holding. As you can see on the chart below, GZFX is still quite bullish. The spike and falloff of the previous couple of weeks brought the stock back to it's original uptrend and the ascending trendline still holds. A confirmed close (thanks for your take on this, fousc) below the trendline would most likely start a new bearish trend for GZFX. The declining volume at the end of the triangle is also good and means that supply is drying up as the bargain hunters accumulate shares and have to buy at higher and higher prices to get more of what they want. We all know what happens when demand is higher than supply. >:D Watch for a breakout or breakdown of the ascending triangle on higher volume. ;D
Quote from: rurouni on December 10, 2005, 02:20:50 AM
Quote from: basonista on December 09, 2005, 08:47:11 PM
Why does the Form 4 where De Joya bought 5 million shares show the price as $0? Anyone know?
Someone please correct me if I am wrong but my guess is that he was AWARDED those shares thus acquiring the shares resulting in the $0 price. However, the title above the box is "Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned". I am wondering if being awarded shares of the company fall under the category benefically owning the shares OR acquiring it? What is the difference between the two? Please clarify this if you know.
Thanks.
Hey rurouni,
Im not exactly sure why the resulting price is zero. But the transaction code for the statement is "P" which means that this was a open market or private purchase of a non-derivative or derivative security. If it were an award or grant of shares the transaction code would have been "A".
-fousc
I saw that, and my thinking is that the transaction price is likely listed at $0 because the price at which he aquired the shares was less than $0.01.
People don't usually want to see that CEO Joe bought shares at $12.32900425 on the forms... they prefer $12.32. And they often don't round up - they just ignore the trailing digits, truncating the actual purchase price. So my take on this is that he bought GZFX for under a penny, and thus it was reported on the form like 0.0094 (or somesuch number), and Mr. Form Alie T. changed it to $0.00.
well cant say it hasnt been interesting with gzfx.
goodluck
Quote
Hey rurouni,
Im not exactly sure why the resulting price is zero. But the transaction code for the statement is "P" which means that this was a open market or private purchase of a non-derivative or derivative security. If it were an award or grant of shares the transaction code would have been "A".
-fousc
Thanks fousc for clearing that up. Here is a more comprehensive code definitions:
http://biz.yahoo.com/f/bi.html#transactions
Huh, that's a really good way to point out why lowering volume can actually be a good thing! I didn't really see that viewpoint there, and thanks for pointing it out. :)
Gives me a better positive outlook.
Quote from: basonista on December 10, 2005, 07:59:45 AM
Quote from: LiveLife on December 10, 2005, 06:35:33 AM
Hold GZFX for now?
I'm holding. As you can see on the chart below, GZFX is still quite bullish. The spike and falloff of the previous couple of weeks brought the stock back to it's original uptrend and the ascending trendline still holds. A confirmed close (thanks for your take on this, fousc) below the trendline would most likely start a new bearish trend for GZFX. The declining volume at the end of the triangle is also good and means that supply is drying up as the bargain hunters accumulate shares and have to buy at higher and higher prices to get more of what they want. We all know what happens when demand is higher than supply. >:D Watch for a breakout or breakdown of the ascending triangle on higher volume. ;D
nice looking chart or what?
except of course, for that false trade at 0.02 which slighlty messed the chart up. :)
Updated chart:
Price action bounced off the ascending trendline and is now pulling away from it. RSI has crossed back above 50 and heading back up.
Looking foward to the rest of the week!
-fousc
Think we picked a pretty good bottom fousc. Pretty close to say the least....
Are we going back in the original upchannel now?
Long 300k @ .0123
cal >:D
Good evening!
Nice gain day for GZFX. $0.0017 (13.49%) gain is great!
GZFX is once again the "buzz" on MBs. Is this indicating "buy interest" seen last month?
any idea on when we'll get news? i know dec 15 has been thrown around alot... but it wont necessarily come out on that date so any educated guesses???
I think it's up to Circuit City really -- when they feel that they want to extend the program (Which seems relatively inevitable now), they'll make the annoucement. We all know GZFX is largely balanced on CC's upcoming decision here, so expect to hear some news within the next week or two.
I've been hearing a lot about the 15th as well, so I wouldn't be surprised if we heard some news then.
Until that happens, we can enjoy the decent gains over the last few days and hope they continue.
Quote from: godspeed06 on December 13, 2005, 11:02:05 AM
any idea on when we'll get news? i know dec 15 has been thrown around alot... but it wont necessarily come out on that date so any educated guesses???
I havn't heard anything about the 15th of dec myself, but Jan 15th, i have heard of ;). The pilot program with CC and GZFX started on november 1st and is set to end on Jan 15th. So i would imagine news would be coming out about the future of their relationship on the 15th of Jan or shortly there after.
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On October 4, 2005, the Company entered into a Services
Agreement with Circuit City Stores, Inc. (see Exhibit 10). Under the
terms of this agreement, the parties will run a pilot program, to
commence on November 1, 2005 and ending on January 15, 2006, in 17
retail stores and on the Circuit City website to promote the service
offered by the Company. If the pilot program is deemed a success by
both parties, the parties will expand the pilot program to the
remaining approximate 600 retail locations of Circuit City in the
United States by adding 55 Circuit City stores per month. Under the
terms of this agreement, the parties will share in the revenue from
the sale of Company memberships through Circuit City.
-fousc
Updated chart:
Quote from: fousc on December 13, 2005, 07:39:28 PM
I havn't heard anything about the 15th of dec myself, but Jan 15th, i have heard of ;). The pilot program with CC and GZFX started on november 1st and is set to end on Jan 15th. So i would imagine news would be coming out about the future of their relationship on the 15th of Jan or shortly there after.
Yes that is correct that January 15th is the big date. I also read the contract somewhere that states if either party would like to cancel the deal then they would have to give a 30 days notice otherwise it is all green. I think that is why the Dec 15th date was mentioned.
Nice gain today.
i would assume that unless there is bad news about the partnership gzfx will continue on the general uptrend its been following (given the usual ups and downs) even without positive news. so if news (hopefully positive) doesnt come out until near the end of term (jan 15) do u think it could get to .025 before then? and if so how much resistance do u suppose it would find there? i feel like the longer it takes the news to come out the better because it would result in more speculative buying, then when good news comes out another jump would occur followed by some profittaking... im afraid if it stays around these levels then even with good news it might not jump higher than .025. what do u guys think?
Quote from: rurouni on December 13, 2005, 08:05:13 PM
Yes that is correct that January 15th is the big date. I also read the contract somewhere that states if either party would like to cancel the deal then they would have to give a 30 days notice otherwise it is all green. I think that is why the Dec 15th date was mentioned.
This is true, yet 30 days from Jan 15th is Dec 17th which is saturday. Or it would be Dec 16th on friday if they're not including Jan 15th. So the 15th of this month isnt neccessarily a ball breaker. Lets us all hope no one cancels before the deadline ;)
-fousc
profit taking today.
Quote from: LiveLife on December 14, 2005, 09:17:04 PM
profit taking today.
Yup apparently,
The doji star candlestick yesterday suggested a bearish reversal as well. Down 11.5% today, hopefully tomorrow and friday will rally and give us an up weak.
Saturday is the deadline for cancellation of the cc deal....... Lets hope all goes well ???
-fousc
Thanks mlutken0 for the link from Raging Bull MB:
15 Dec 2005, 09:23 AM EST
Msg. 182434 of 182405
Good news for GZFX.....
http://www.usatoday.com/money/media/2005-12-15-blockbuster-latefees_x.htm
Late fees return at some Blockbusters
By Caryn Rousseau, Associated Press Writer
LITTLE ROCK — Blockbuster (BBI) stores in several states are quietly resuming late fees for customers who keep movies too long, rejecting the video-rental chain's national advertising of "No Late Fees!" because they can no longer keep popular movies on their shelves...
...Randy Hargrove, a Blockbuster spokesman, says the decision to cancel the "no late fees" policy is made by independent franchises. About 4,600 company-owned Blockbuster locations will continue the program, he said.
Tom Barzizza, vice president of Flicks Management, which owns 30 Blockbuster franchises in the mid-South, says it stapled notices to receipts for 30 days before the late fees' return. Some customers said they did not receive the notice.
Barzizza said it was important to reimpose the fees.
"It's a mechanism by which we can get customers to bring the movies back," he said. "Our business is all about availabililty. If somebody keeps a new release that's in high demand out for two weeks, that means it's not there for someone else to rent.
"With the lack of any kind of late-fee structure the movies weren't coming back. Customers would come in and there wouldn't be any movies for them to rent," he said.
The late fee is equal to the full rental rate divided by the number of days in the rental period. For example, for a $4 movie rented for five days, the late fee would be 80 cents a day...
Ugly day for GZFX. Maybe nervous holders are selling because the deadline for cancellation could be announced soon?
-fousc
CC deal is a done deal today was withint he 30 days they had to give GZFX a notification on cancelation. they did not. Monday CC is due for a webcast and hopefully mentions GZFX
fousc,
I think many didn't want to be holding shares if Circuit City cancelled the nationwide partnership with GameZnFlix. Once we go past the 30 day cancellation window (this Saturday), I think anticipation of the nationwide announcement should bring the buy interest back on.
Can't blame 'em.
Quote from: LiveLife on December 16, 2005, 12:13:21 AM
fousc,
I think many didn't want to be holding shares if Circuit City cancelled the nationwide partnership with GameZnFlix. Once we go past the 30 day cancellation window (this Saturday), I think anticipation of the nationwide announcement should bring the buy interest back on.
Can't blame 'em.
Yah i agree with you LL, It prob wouldnt be a bad idea not to hold through saturday anyways. I should have sold when i saw that bearish doji star and bought back in on monday :-\
-fousc
Well i just signed up for the 14 day free trial to see if this famous GZFX service is living up to all of our expectations :D. Does anyone here even actually have the service?
I live in Corvallis, Oregon on the west coast. Nearest GZFX distributor is just below me in El Centro, CA (near San Diego). I'll update soon and let you know how long it took for any movies to arrive.
Circuit city is to have there Q3 conference call on monday 12/19/05. Im wondering if they are going to mention anything about the future of their relationship with GZFX?
Circuit City Stores, Inc. to Host Third Quarter Results Conference Call
12/8/2005 8:30:35 AM
RICHMOND, Va., Dec 08, 2005 /PRNewswire-FirstCall via COMTEX/ -- Circuit City Stores, Inc. announced that it plans to report third quarter results on Monday, December 19, 2005.
The company expects to host a conference call for investors at 11:00 a.m. EST that day. Investors in the United States and Canada may access the call at (800) 399-0127. Other investors may access the call at (706) 634-7512. A live Web cast of the conference call will be available on the company's investor information home page at http://investor.circuitcity.com.
A replay of the call will be available by approximately 2:00 p.m. EDT, December 19, and will remain available through December 27. Investors in the United States and Canada may access the recording at (800) 642-1687, and other investors may dial (706) 645-9291. The access code for the replay is 3299390. A replay of the call also will be available on the Circuit City investor information home page.
Dec 15, 2005 (M2 PRESSWIRE via COMTEX) --
Today the Bellwether Report has identified GamezNFLIX Inc (OTCBB: GZFX), a company that our analysts will be tracking over the ensuing weeks. They recently came out with a significant corporate development this month, causing a positive correction. For a full report on the below mentioned company, and many more, feel free to visit www.bellwetherreport.com for a free 30 day no obligation trial.
GamezNFLIX traded hands for as much as 3.5 cents nearly a year ago. Since this time the stock has suffered, never looking back at these levels, until recently. October 5th, when the company announced its service would be available to Circuit City customers at www.circuitcity.com and in select Circuit City stores volume spiked and shares took off from their $0.00231 low. Today shares are trading with an intraday high of $0.015 and volume already over 50 million in the early hours of trading.
GamezNFlix, Inc., similar to large cap NetFlix (NASDAQ: NFLX), offers DVD and video game rentals and purchases online in the United States. The company, through its Web site, www.gameznflix.com, provides subscribers with access to various Xbox, Playstation 2, Playstation, and Nintendo Gamecube titles and DVDs through the mail.
GameZnFlix has a library of over 40,000 titles and offers four different membership levels, starting at $8.99 a month. Members can rent a combination of both video games and/or DVD movies with no late fees or due dates, and purchase video games and/or DVD movie titles at a membership discount.
The number of rentals.....
To view the full unbiased report on GamezNFLIX Inc (OTCBB: GZFX), feel free to visit our site. This article and many more are available for review under the Today's Articles Section. No credit Card Needed!!
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Had a nice rally today up 8.5% to close back above the ascending trendline. If we don't hear anything about cancellation tomorrow i think next week could be big. Im wondering if there is going to be a PR? Also i'll be listening in on monday to CC's conference call to see if they mention GZFX.
-fousc
P.S. Like i said i signed up for the 14 day Free trial for 2 dvd/games out at a time last night at like 1:30 am. Just checked my account queue and the first 2 dvd's have already been shipped! Thats pretty damn good if you ask me, Lets see how long it takes to get here.......
Thanks for the updates and charts, fousc. I've applauded you several times and am adding another. :) I am hoping to try out their service also when I get back from Christmas vacation so will be very interested in your feelings on their service.
The chart still looks good to me. It would be nice to see it move away from the ascending trendline (up!) but this past week actually looks very nice for GZFX. Some consolidation taking place with the weekly chart showing a bounce off the 10dma with an inside day (week) doji/spinning top which hopefully means the recent selloff has abated and we can start moving upward again. I'm a short term investor in this now but if they continue the deal with CC and begin expanding throughout the CC chain, I'm long. This has such huge upside potential compared to the downside that it's worth it. If only they could get their financials in order....
And if only I would have held it when I bought at .0066. :-[
Found it here:
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&cmSearchKeyword=Gameznflix
But it was not on the front page, what does that mean?
EDIT: If NETFLIX adds games, does this company go out of business? Does NETFLIX already do gameS?
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&cmSearchKeyword=Gameznflix
I found that, Sorry I posted in another thread.
My question is because its not on the front page, does that matter?
And,
If Netflix decides to carry games, is that it for this company?
-- First, there is already a GZFX thread started... it would be nice IMO to merge the 2 together.
Malum,
Second, I do not believe NetFlix does game. There are only movies on their selection page ( http://www.netflix.com/BrowseSelection?lnkctr=nmhbs (http://www.netflix.com/BrowseSelection?lnkctr=nmhbs))
Third, I'm not sure why Circuit City does not have a link to the page you are refering to on their home page. I went through their website and was actually not able to find any obvious link to the GZFX deal/page.
Quote from: Malum2006 on December 16, 2005, 08:36:44 PM
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&cmSearchKeyword=Gameznflix
I found that, Sorry I posted in another thread.
My question is because its not on the front page, does that matter?
And,
If Netflix decides to carry games, is that it for this company?
Games and Flix is not the major income source for Circuit City. It is a service that they provide their customers and they receive a percentage. They make the majority of income off of the bulk items (Cameras, TV's, etc) and this is the season. IMHO they have just positioned GZFX in their site as a part of the "whole" and it appears that they are investing in the concept to some extent.
As far as Netflix....Blockbuster rents games.....is that it for Netflix? Again, IMHO....a lot will depend on service. If Fousc comes back with a favorable opinion (i.e. first impression), then I personally believe we are on to something that may well surprise all of us at the potential. Service counts in this "instant" society we live in. Netflix has a branch about 40 miles to the south of me and they ship here overnight. They e-mail you receipt of your current return and your current selection ship date. My son uses them often. There is always room for competition...
RJ
This is just a note to "Livana" (on the other GZFX thread... :o)...The link for GFZX is under "Services" on the CC home page which is where I would have thought it to be..CC sells the games separately, but offerst the GZFX "service" to their customers......
RJ
Quote from: RJ on December 17, 2005, 08:54:11 AM
Quote from: Malum2006 on December 16, 2005, 08:36:44 PM
http://www.circuitcity.com/ccd/genericContent.do?oid=137784&cmSearchKeyword=Gameznflix
I found that, Sorry I posted in another thread.
My question is because its not on the front page, does that matter?
And,
If Netflix decides to carry games, is that it for this company?
Games and Flix is not the major income source for Circuit City. It is a service that they provide their customers and they receive a percentage. They make the majority of income off of the bulk items (Cameras, TV's, etc) and this is the season. IMHO they have just positioned GZFX in their site as a part of the "whole" and it appears that they are investing in the concept to some extent.
As far as Netflix....Blockbuster rents games.....is that it for Netflix? Again, IMHO....a lot will depend on service. If Fousc comes back with a favorable opinion (i.e. first impression), then I personally believe we are on to something that may well surprise all of us at the potential. Service counts in this "instant" society we live in. Netflix has a branch about 40 miles to the south of me and they ship here overnight. They e-mail you receipt of your current return and your current selection ship date. My son uses them often. There is always room for competition...
RJ
Thank you for your response. I appreciate the feed back.
My question I suppose is specific to the GZFX company itself, it seems that it has some overlap business with Netflix, in that they both rent dvd's...but it is unique in that it rents out Video Games, I wonder, this distinction, the video game one, if netflix begins to rent video games, will the market leader, netflix, then put a serious damper on GZFX, I assume it would.
The real question is, how is GZFX service fundementally different than netflix? (aside from the video games, which I assume netflix will begin any day now)
well right now, gzfx has the advantage of games and dvds. it sells both and if u rent a game and choose to buy it u can buy it at a discounted price - which i think is awesome. gzfx also has just as competitive pricing as netflix if not better. and finally, they have a better selection of plans... ive heard netflix has a lot of plans and it can get confusing... gzfx just makes that easier. and even though netflix is many times larger right now, the untapped customer base is still so huge that gzfx has enough time to build its own customer base without really having to take away from netflix's - which it could do anyway. so in short, if netflix starts renting games, is gzfx out? no.
Thanks RJ,
I did find the link.
You are welcome... ;).
Well.......no cancellation so far...I think the CC conference call Monday will be the next hurdle, and then we shall see what the future holds..... :'(...or... :o 8)
RJ
I see a candlestick pattern....... ;)
Bullish Morning Star Pattern
The last three candlesticks formed a Bullish Morning Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
Morning Star
The morning star consists of three candlesticks:
A long black candlestick.
A small white or black candlestick that gaps below the close of the previous candlestick. This candlestick can also be a doji, in which case the pattern would be a morning doji star.
A long white candlestick.
The black candlestick confirms that the decline remains in force and selling dominates. When the second candlestick gaps down, it provides further evidence of selling pressure. However, the decline ceases or slows significantly after the gap and a small candlestick forms. The small candlestick indicates indecision and a possible reversal of trend. If the small candlestick is a doji, the chances of a reversal increase. The third long white candlestick provides bullish confirmation of the reversal.
These are strong reversal patterns and do not require further bullish confirmation, beyond the long white candlestick on the third day.
Technicals
MACD is Bullish
Most Actives
Percentage Gainer
Last Price Quote is:
-0.87%below 13-day EMA
18.82%above 50-day EMA
Well it appears that we're goin national ;D Looking foward to pps this week, i would imagine its going to be fairly active.
As well applauds on noticing the morning star candlestick pattern setravis 8)
-fousc
3 PATTERNS TO PROFIT BY:
[/size]
1. Ascending triangle .015. False breakout occurred and retested, now pps retested the ascending trend line heading towards another attempt at the ascending triangle pattern.
2. Symmetrical Triangle. This has formed within the ascending triangle pattern with the help of the false breakout. The top resistence mark of the sym. triangle is .0256
3. Bullish morning doji star pattern.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=11954;image)
-fousc
I'm in for a few bucks....lets see where this has to go yet.
Bleh, poor finish for the day. >:(
It hit that resistance at 1.5 again this morning, and went downhill from there.
Ya not too exciting of a day as i had hoped for. But the chart still remains bullish so i can't complain. Listened to the Circuit City conference call this morning and no mention of their relationship with GZFX :-X.
Hopefully volume will pick back up above average and we break that .015 resistence by the end of the week.
-fousc
arn't they just trying to sell 2 billion more shares?
i mean i mean, sell their product in circut city... yeah yeah that's the ticket
Mr Domination,
You arrived here strangely enough the same day of the CC conference call (registered). There are a few individuals on the CC message board that took up GZFX bashing on the CC board yesterday also. Maybe it is fate, maybe coincidence, but I find it a bit odd that you show up here. There were 3 individuals that focused mainly on GZFX and not on Circuit City. Might you be one of those? If I am wrong, you may have someone smite me to zero, and you will have my deepest and sincerest apologies. If I am right, could you please go back and leave us in peace?
RJ
any news in the conference call? looks like gzfx is just gonna bounce around these levels til news breaks.
Quote from: RJ on December 20, 2005, 10:30:34 AM
Mr Domination,
You arrived here strangely enough the same day of the CC conference call (registered). There are a few individuals on the CC message board that took up GZFX bashing on the CC board yesterday also. Maybe it is fate, maybe coincidence, but I find it a bit odd that you show up here. There were 3 individuals that focused mainly on GZFX and not on Circuit City. Might you be one of those? If I am wrong, you may have someone smite me to zero, and you will have my deepest and sincerest apologies. If I am right, could you please go back and leave us in peace?
RJ
I thought I was the only one who noticed that. I find a lot of his comments on other threads odd and out of context.
RUROUNI,
THANKS FOR THE SUPPORT...HARD TO STEP OUT THERE SOMETIMES WHEN YOU SENSE SOMETHING OUT OF BALANCE... :-\
rj
Price action still being anti-nomadic on low volume. We need PR about this CC deal going national to get this one moving again.
Quote from: RJ on December 20, 2005, 08:08:15 PM
RUROUNI,
THANKS FOR THE SUPPORT...HARD TO STEP OUT THERE SOMETIMES WHEN YOU SENSE SOMETHING OUT OF BALANCE... :-\
rj
Im in for the support as well as i don't neccessarily like to see comments like that here at the 3sof boards.
-fousc
It looks like the company is actually going to try to get into the black but it will be at the investors expense. The company has gone into a pillot program that will include 17 stores and if that is successful will move on from there. The company is currently adding 2,500,000,000 at .01 shares to the outstanding by offering them to the public.
The management at the same time is taking care of themselves and will get their share of the proceeds. The CEO has just been given a $200,000 per year salary with a 15% increase each year. The President has been given a $150,000 salary with the same increases. As soon as they filed for a 2,500,000,000 they obviously decided to get their share of the pie. This will be a terrible dilution to the companies stock. I can just about guarantee you that if any company takes over GZFX there will be a massive reverse split at the same time.
Quote from: fousc on December 20, 2005, 08:35:21 PM
Price action still being anti-nomadic on low volume. We need PR about this CC deal going national to get this one moving again.
I agree. I expect things to remain relatively calm until then. The stock will probably bounce around 1.2 - 1.4 until we hear some more news -- our little triangle is getting narrower and narrower, and GZFX will either break through the resistance, or fall below the ascending trendline. It'll be interesting the watch.
Quote from: higherstocks on December 21, 2005, 12:31:30 AM
The company is currently adding 2,500,000,000 at .01 shares to the outstanding by offering them to the public.
Hey higherstocks,
Ive read in their SEC filings that the issuance of more outstanding shares is a possibility though i havn't heard or seen anything about them actually filing for the dilution of the 2.5 billion shares. Where have you recieved or read this info as i would like to see it myself?
Thanks,
-fousc
unless 30 days notice is given to the contrary, the national program will commence
Term of the Pilot Program. It is the intentions of the
Parties that the Pilot Program shall commence on or about
November 1, 2005, extend through the holiday season, and
terminate on or about
January 15, 2006.Thereafter, unless 30 days notice is given to the contrary, the national program will commenceunder the same terms and conditions
contained herein and will be implemented on a phased-in
basis over the following 12 months in all of the Retail
Stores. It is anticipated that approximately 55 Circuit
City stores, per month, will be added on the national
rollout portion of the Agreement.
http://www.sec.gov/Archives/edgar/data/1099234/000109432805000215/0001094328-05-000215.txt
Anyone have a transcript yet? tia
I had a relapse of the flu and haven't been doing much. I have been catching up on the reading of the postings. This is my opinion on "What if Netflix adds games?" question:
I believe Netflix adding games will help GameZnFlix.
This is why. Why did Netflix succeed even if consumers did not get their movies immediately the same day from Blockbusters? I believe no late fees was one of the primary reasons.
And why are some Blockbusters reimplementing the late fees again? Because people are holding onto new releases instead of returning them to the store. Return of late fees is bad news for Blockbusters and will drive consumers to alternate online rental services or suffer paying the stiff late fees.
One of primary complaint consumers have about Netflix is that they can't get their choice of movies on their list and even though Netflix can ship in one day, sometimes it takes several days, if not more than a week to get their selections made available and shipped out to them.
What will come down to is probably this: "Can GameZnFlix maintain service that is better than Netflix?"
Just as consumers left Blockbusters for Netflix, consumers will leave Netflix if quality of service is not acceptable. And why should consumers choose GameZnFlix? Only if GameZnFlix can offer better quality of service than Blockbusters and/or Netflix. For many consumers, waiting another day for their games/movies to arrive may not be an issue "IF" they can keep getting the selections on their list. I believe this will be the crucial point for GameZnFlix.
Netflix adding games may attract more consumers, but will they be able to maintain the level of service that is necessary? If they were, I believe Netflix would have added games or bought out a game rental service by now. The fact that Netflix hasn't done so yet may indicate that Netflix management considered adding games but decided against it because it may not benefit revenue/quality of customer service.
As a side note, since hitting $30 in November, Netflix has been on a downward trend. If this continues, I believe money may leave NFLX and go elsewhere, possibly to GZFX. I suspect many NFLX traders may have traded both stocks as they went up and down.
So when will we know if GameZnFlix is providing "better than Netflix" service? If they are, I believe word of mouth will be the first indicator to come out within weeks followed by "legitimate" rating service postings.
GameZnFlix has the potential advantage over Netflix to provide better service. Since they already rent games, they have the advantage on that aspect already over Netflix. GameZnFlix don't have to "beat" Netflix, it just have to take a small percertage of their customer base from Netflix or subscribe enough new members. I am quite certain GameZnFlix management knows this and will do things to effectively achieve positive revenue generation by early 2006.
When Hansens Natural Soda started their regional to national distribution more than 30 years ago, they did not aim to "beat" Coca Cola or PepsiCo and they turned out to be very profittable. It may be that Netflix and GameZnFlix coexist in the marketplace like Ford and GM. If Netflix does add games but provide less than the level of service that GameZnFlix is providing now (or GameZnFlix improve their level of service, say by adding more distribution centers) then it will only benefit GameZnFlix.
Any comments from actual members of GameZnFlix as to if you are receiving your selection choices?
Higher, how can I get some of those shares for $.01. Are you sure about this? Why would they sell at that price when their stock has been as high as $.025 recently? Right now its $.013 but thats still a 20% discount.
yea, i think the sec filings mentioned the 2.5 billion share dilution as a possibility, but theyve also already said that they are financed for years to come. theyre also about to reach the break even/profitable point. i dont understand why they would dilute their shares so much just to make some cash when they are already financed and near making profit.
Here's an exerpt from analyst's upgrade of Netflix
http://biz.yahoo.com/ap/051221/netflix_mover.html?.v=1
"At the same time, Wilbe believes Netflix's competitors will have a tough time copying the company's business model in a profitable way because of logistical issues and scale. He estimates that rivals would need between 2 million and 4 million subscribers just to break even.
Competitors Blockbuster Inc. and Wal-Mart Stores Inc. entered the online video market in 2004, but Wal-Mart earlier this year agreed to hand off its online DVD rental business to Netflix. Wilbe expects Netflix to further increase barriers for companies looking to enter the market by cutting prices."
The article did not mention other online rental companies like GameZnFlix and states that Netflix currently has 3.5 million subscribers. I wonder at how many subscribers did Netflix reach the profittable point? I believe GameZnFlix needs only a few more thousand subscribers before they are in the black. While Netflix is advertising $9.99/month price, GameZnFlix already has a lower price of $8.99 for the one-out service. When comparing side by side, consumers will certainly notice the price difference.
Also, isn't this article a positive news for online rental companies in general indicating a growing consumer trend away from traditional in-store rental to online rental?
Like I mentioned in the previous post, GameZnFlix doesn't have to beat out Netflix to be profittable. It just needs to take a small percentage of this growing market.
Quote from: fousc on December 16, 2005, 05:51:01 PM
P.S. Like i said i signed up for the 14 day Free trial for 2 dvd/games out at a time last night at like 1:30 am. Just checked my account queue and the first 2 dvd's have already been shipped! Thats pretty damn good if you ask me, Lets see how long it takes to get here.......
Well my movies finally arrived today ;) 5 days later. Which isn't too bad i guess when i compare it to how long it takes for something i order off the internet to get here with ground shipping from another state. Though when i compare it to Netflix, they outperform GZFX by far. Heres why:
-Netflix has 37 distribution centers accross the US. Fortunatley the closest one to me is about an hour away in Salem, Oregon. So it takes only one day for Netflix to reach me. My girlfriend recently signed up for Netflix, tried to convince her to go for GZFX but they don't carry tv series shows like desperate housewives and sex and the city DVD's which she wanted. So she signed up for Netflix. And now im glad she did sign up for Netflix cause otherwise we would be waiting 5 days to get our movies 8)
In light of my experience with GZFX, though Netflix completly outperforms them, it doesn't dampin my spirits on GZFX. Its alsmost unfair to compair the too companies. Yes, they provide the same type of service. But Netlfix is an established company and has had time to grow. GZFX is just starting out so im not expecting them to be better than Netflix.
Though for them to continue customer growth i believe the first thing on their list to be done is to expand their distribution centers so they can decrease the transit time of DVD's/Movies to customers. Cause to be honest, i dont wanna wait 5 days for my movies when i can get them from netflix in a day.
As well im not ever expecting GZFX to be worth $25/share like Netlfix. But the potential to be worth more than a penny or 2? without a doubt. I still got faith in GZFX and think 06 has the potential to be a big year for their company.
As for what higherstocks said about the company in the process of the dilution of 2.5 billion shares i have not heard anything about therefore i believe it is untrue. In their 10-QSB filing released on 11/15/05 states that as of the pps of november 10th at .01, If the market price drops 25% to .0075 then they will dilute 2.5billion shares. 50% to .005 then 4.1 billion shares diluted, and 75% to .0025 then they will dilute a whopping 8.25 billiion more shares.
Heres from the Filing:
(g) Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of November 10, 2005 of approximately $0.01:
Number % of
% Below Price Per With Discount of Shares Outstanding
Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 2,735,000,000 73.90%
50% $0.0050 $0.0040 4,110,000,000 80.97%
75% $0.0025 $0.0020 8,235,000,000 89.50%
So .0075 is the price that we need to watch out for in the case of dilution. Though im not worried at all about this dilution, because i would be out of the stock before it hit .0075 anyways :D
As for today price action bounced off the ascending trendline up 4% or so on low volume. Nothing too exciting.
Good luck to everyone holding.
-fousc
One thing I don't see mentioned to much. Games are much more expensive than DVD's....AND....Games last much much longer than 2 hours.
You can do a reiceve, watch, and put in mail next day for a DVD movie...
For a game (more expensive) its more like receive, keep about a week (maybe more if you like it), and return it....
How will this impact their business model as different from netflix? Would this be why Netflix wouldnt do it?
Questions, I dont know the answers.
Quote from: fousc on December 21, 2005, 09:46:38 PM
Quote from: fousc on December 16, 2005, 05:51:01 PM
P.S. Like i said i signed up for the 14 day Free trial for 2 dvd/games out at a time last night at like 1:30 am. Just checked my account queue and the first 2 dvd's have already been shipped! Thats pretty damn good if you ask me, Lets see how long it takes to get here.......
Well my movies finally arrived today ;) 5 days later. Which isn't too bad i guess when i compare it to how long it takes for something i order off the internet to get here with ground shipping from another state. Though when i compare it to Netflix, they outperform GZFX by far. Heres why:
-Netflix has 37 distribution centers accross the US. Fortunatley the closest one to me is about an hour away in Salem, Oregon. So it takes only one day for Netflix to reach me. My girlfriend recently signed up for Netflix, tried to convince her to go for GZFX but they don't carry tv series shows like desperate housewives and sex and the city DVD's which she wanted. So she signed up for Netflix. And now im glad she did sign up for Netflix cause otherwise we would be waiting 5 days to get our movies 8)
In light of my experience with GZFX, though Netflix completly outperforms them, it doesn't dampin my spirits on GZFX. Its alsmost unfair to compair the too companies. Yes, they provide the same type of service. But Netlfix is an established company and has had time to grow. GZFX is just starting out so im not expecting them to be better than Netflix.
Though for them to continue customer growth i believe the first thing on their list to be done is to expand their distribution centers so they can decrease the transit time of DVD's/Movies to customers. Cause to be honest, i dont wanna wait 5 days for my movies when i can get them from netflix in a day.
As well im not ever expecting GZFX to be worth $25/share like Netlfix. But the potential to be worth more than a penny or 2? without a doubt. I still got faith in GZFX and think 06 has the potential to be a big year for their company.
As for what higherstocks said about the company in the process of the dilution of 2.5 billion shares i have not heard anything about therefore i believe it is untrue. In their 10-QSB filing released on 11/15/05 states that as of the pps of november 10th at .01, If the market price drops 25% to .0075 then they will dilute 2.5billion shares. 50% to .005 then 4.1 billion shares diluted, and 75% to .0025 then they will dilute a whopping 8.25 billiion more shares.
Heres from the Filing:
(g) Adjustable Conversion Price Feature of Debentures Could Require the Issuance of Greater Number of Shares.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. (see Liquidity and Capital Resources, below) is essentially limitless. The following is an example of the amount of shares of GameZnFlix common stock that are issuable upon conversion of the convertible debentures (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of November 10, 2005 of approximately $0.01:
Number % of
% Below Price Per With Discount of Shares Outstanding
Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 2,735,000,000 73.90%
50% $0.0050 $0.0040 4,110,000,000 80.97%
75% $0.0025 $0.0020 8,235,000,000 89.50%
So .0075 is the price that we need to watch out for in the case of dilution. Though im not worried at all about this dilution, because i would be out of the stock before it hit .0075 anyways :D
As for today price action bounced off the ascending trendline up 4% or so on low volume. Nothing too exciting.
Good luck to everyone holding.
-fousc
Im thinking this drop below .01, but was surprised to see it rally today.
no position here yet
There are way to many shares here with not a good enough chance for some nice % volatility. The only people making money here are the ones with BIG cash to buy into this over diluted whale. Then maybe they can make some % do to sheer size of their shares they are holding, but i can't expect this stock to do anything phenomenal. Especially with 2billion + extra.
I don't know how people can ignore or not be worried about the dilution when it's going to range from 50%-75% in size of an already over-used o/s.
Quote from: doyerdiligence on December 22, 2005, 12:35:07 AM
There are way to many shares here with not a good enough chance for some nice % volatility. The only people making money here are the ones with BIG cash to buy into this over diluted whale. Then maybe they can make some % do to sheer size of their shares they are holding, but i can't expect this stock to do anything phenomenal. Especially with 2billion + extra.
I don't know how people can ignore or not be worried about the dilution when it's going to range from 50%-75% in size of an already over-used o/s.
From what I understand there are 1.2B shares outstanding, and the company has authorised to themup to 4 billion shares. But have only issued 1.2 Billion.
I will be watching the share issue closely as well. But, the outstanding shares are 1.2, not 2, not 4.
At least not now. The price is reflective of the dilution, I don't think volatility is an issue.
i myself like high volatility, an gzfx will move with limited volatility due to them having so many shares outstanding.
Quote from: doyerdiligence on December 22, 2005, 09:40:18 AM
i myself like high volatility, an gzfx will move with limited volatility due to them having so many shares outstanding.
From what I understand volatility comes with dollars going in and out....so, we see a volume day of 60 million that's only $780K....780thousand isnt going to give you volatility....with any stock.
I just want to let you know there is a mailing list dedicated for GZFX long in yahoo created by one of the poster at RB. If you would like to join the mailing list you can follow the instruction below:
Hello,
Welcome to the gzfxlongs group at Yahoo! Groups, a
free, easy-to-use email group service. Please
take a moment to review this message.
To learn more about the gzfxlongs group, please visit
http://groups.yahoo.com/group/gzfxlongs
To start sending messages to members of this group, simply
send email to
[email protected]If you do not wish to belong to gzfxlongs, you may
unsubscribe by sending an email to
[email protected]To see and modify all of your groups, go to
http://groups.yahoo.com/mygroups
Regards,
Moderator, gzfxlongs
volatility is % swings. due to gzfx having many many more shares in the o/s, it will take a bigger dollar amount to influence the range. due to this the volatility with gzx is low.
Quote from: doyerdiligence on December 22, 2005, 01:08:19 PM
volatility is % swings. due to gzfx having many many more shares in the o/s, it will take a bigger dollar amount to influence the range. due to this the volatility with gzx is low.
% volatility swings in PRICE, Price is influenced by # of shares being traded....# of shares being traded is influenced by $$$$'s being spent.
So, if buyers with serious money spend $'s, # of shares traded increases, so will follow the PPS, and thusly the % volatility....
And, all of which flows from the fundementals of the company itself, because THAT is what influences players with serious $$ to get involved in the first place.
WHen/IF this company starts pulling in some good numbers/subscriptions, the $$ will follow...until then, its just us private investors with our small change....that doesnt influence price that greatly..but this is an opportunity to get in cheap assuming the company will grow.
I assume the company will grow.
aluation?
IF we were to do a revenue to market cap comparison, excluding P/E multiples (which for Netflix is in 30's), for now.
The market cap as of today is 15.80M
How many subscriptions will give a revenue of 15.80 million?
I'm the kind of guy that works from the ground up when analysing as stock.
Now, I want to establish a "fair market cap/value" for the stock, before P/E multiples are decided....
What is the profit percentage for GZFX?
What is the revenue average per sub?
Etc...
If you campare to market leader Netflix, here are its info:
Enterprise Value (23-Dec-05)3: 1.32B
Trailing P/E (ttm, intraday): 190.34
Forward P/E (fye 31-Dec-06) 1: 34.50
PEG Ratio (5 yr expected): 1.63
Price/Sales (ttm): 2.36
Price/Book (mrq): 8.34
Enterprise Value/Revenue (ttm)3: 2.07
Enterprise Value/EBITDA (ttm)3: 44.101
Quote from: Malum2006 on December 23, 2005, 05:46:26 AM
aluation?
IF we were to do a revenue to market cap comparison, excluding P/E multiples (which for Netflix is in 30's), for now.
The market cap as of today is 15.80M
How many subscriptions will give a revenue of 15.80 million?
I'm the kind of guy that works from the ground up when analysing as stock.
Now, I want to establish a "fair market cap/value" for the stock, before P/E multiples are decided....
What is the profit percentage for GZFX?
What is the revenue average per sub?
Etc...
If you campare to market leader Netflix, here are its info:
Enterprise Value (23-Dec-05)3: 1.32B
Trailing P/E (ttm, intraday): 190.34
Forward P/E (fye 31-Dec-06) 1: 34.50
PEG Ratio (5 yr expected): 1.63
Price/Sales (ttm): 2.36
Price/Book (mrq): 8.34
Enterprise Value/Revenue (ttm)3: 2.07
Enterprise Value/EBITDA (ttm)3: 44.101
Great breakdown, ty.
Could this stock be any more boring? ;) Im still just sitting here waiting unpatiently for the PR of CC and GZFX going national. Im thinking they will co-release the news on or around jan 15th when the pilot program ends. Until then i dont think much is gonna happen with GZFX. Volume just keeps declining and price action certainly isn't nomadic. So i'll sit, i'll wait, and soon, i "will" make money ;) Once the news is out i will probably sell soon after the rally and buy back in on a retracement to build my share base, i wish i would have done that on the last rally.
As for TA of this sloth:
Price action still barely hanging in the ascending trend closing basically at the trendline today on low volume. RSI has been hanging out around 50 showing a balance between the bulls and bears. Apparently the bulls and bears are friends now and decided to stop fighting.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=12296;image)
Short term daily chart is looking semi a decent though. Decent because of the short term bullish uptrend and the symmetrical triangle forming, yet only Semi because of the lack of volume.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=12297;image)
The Weekly chart definatly shows the amount of movement that GZFX has not been doing. Its not good or bad really. Not good cause were not goin up, and not bad cause were not going down ;) the 2 dojis are showing the undecisevness of the bulls and bears.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=12298;image)
happy holidays everyone, Cya tuesday :)
-fousc
Just thought i would update the charts, Still not much goin on here, and no volume.
Waiting for the 15th.............
-fousc
link list: >:D
Message board:
http://www.investorshub.com/boards/board.asp?board_id=2392
friday 30th of Dec TA:
http://www.investorshub.com/boards/read_msg.asp?message_id=9049268
friday 30th of Dec TA link 2:
http://www.investorshub.com/boards/read_msg.asp?message_id=9050928
happy trading 2006 !
Oliver
You can now buy GZFX memberships on the circuit city website
You can add the membership to their shopping basket of goods....
What do you think that signifies??? ;D
I have traded GZFX for over a year and am very familiar with the company and management.
The company is shaping up considering what it had been. My past posts will show history and thoughts along the way.
Agreed, from the price here, it is a buy anticipating Circuit City news.
And then momentum will take it over 2-3 cents again with earnings in February.
It could be the classic, " Buy the Rumour, Sell the News."
I am in for the ride as traders love GZFX and will propel it much higher. :o
Quote from: Malum2006 on January 01, 2006, 07:23:52 PM
You can now buy GZFX memberships on the circuit city website
You can add the membership to their shopping basket of goods....
What do you think that signifies??? ;D
Can you copy a link to where you can add GZFX to the shopping basket of goods? as i wasnt able to find the capability to do that. All i could find, was what was there from before.....Thishttp://www.circuitcity.com/ccd/genericContent.do?oid=137784&cmSearchKeyword=gameznflix
thanks
-fousc
I am wrong. I misread what I saw. It can be added to the Shopping LIST....a bit of a let down...if it was the shopping basket I think it would signify much more.
I dont have the link...sorry. I wanted to post on here and correct myself, thats a pretty important distinction!!!
For trade purposes, GZFX is a buy on the Rumour that they may get the Circuit City 600 store deal. The pilot program is up the 15th, so news is anticipated.
I am buying into the 15th. ;)
They got mentioned on Motley Fool.com as one of the 4 major competitors...
http://www.fool.com/News/mft/2006/mft06010307.htm?source=eptyholnk303100&logvisit=y&npu=y
Over the weekend I caught a Gamefly.com ad on Cartoon Network. Yes, a slick televised ad. I've been seeing a whole lot of Gamefly lately. Every week, Best Buy (NYSE: BBY) has been pitching the service in its sales circulars. I bought my Xbox 360 from Toys "R" Us in a bundle that included two free months of Gamefly.com service. Much further behind, but still in the game, is GameZnFlix (OTCBB: GZFX.OB). In November, it began offering its service on a trial basis at some Circuit City (NYSE: CC) stores.
fluff
It sure is indicating the market is watching it. Definitely a buy rumor/sell news, but keep some 'free' shares jic it keeps going.
Finally had some action today on increased volume :D. Price action also broke out of a short term symmetrical triangle today. Hopefully we'll see resistence at .015 broke by the end of the week.
-fousc
.015 broke. >:D
http://www.marketvibrations.com/index.php?subaction=showfull&id=1136348973&archive=&start_from=&ucat=1&
Great day for us here :) Action is finally starting to pick up again as we head towards the 15th.
Price action initially broke out of the symmetrical triangle boosting pps momentum now to break back out of the larger ascending triangle resistence at .015 which i was hoping to break out of by the end of the week and sure enough we got it today :D
Volume is still below average so i would like to see that pick back up, We'll see tomorrow, i won't be surprised to see volume be above avergage with a nice white marubozu candle in light of this break of .015 resistence line.
RSI and MACD beginning to head north again, RSI was stuck at 50 for the last 2 weeks and now is heading up. MACD histogram had its first positive uptick since 11/30/05.
Now im just hoping for positive news for the CC deal. Because im wondering that even though we didn't hear of a cancellation within 30 days of the 15th, That there hasn't actually already been a cancellation that we "the public" havnt heard about ??? Though the fact that the CFO bought 5 million shares on the 5th of last month eases my worries a bit 8)
Bag makin, in the making >:D
-fousc
and there is 0.017 again and up she goes!
'some fluffy news'
GameZnFlix, Inc. to Become a TalkNStocks.com Featured Company -- Q&A on January 5, 2006
Thursday January 5, 9:15 am ET
MACOMB, MI--(MARKET WIRE)--Jan 5, 2006 -- TalkNStocks.com is pleased to announce that GameZnFlix, Inc. (OTC BB:GZFX.OB - News) has contracted to become a featured company on the TalkNStocks.com website. The contract period is for 12 months.
TalkNStocks.com is designed to provide featured companies with a cost effective means of informing shareholders and prospective investors about company plans and developments. Featured companies are invited to post business plans, product advertisements, and engage in monthly Q&A opportunities with investors.
GameZnFlix markets video games, DVDs and other entertainment products through its e-Commerce site, www.gameznflix.com.
The plan to evaluate as the 15th nears remains in place. Fully expecting over 2 cents by the 14th. We will see. Volume is picking up. :o
Would you consideradding to your position at this juncture since it just pulled back below .015 ? Would appreciate an opinion. Volume appears to be picking up...heavy sell volume..?
Rj
I am thinking the mms were running low on shares. Although I tend to be wrong very often ;)
and the ask is lower than the bid? hhmmmm........
maxi
it is the news i think
On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see Exhibit 99).
On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
That was the fastest 20% I ever ate in my life. Now I know why I try to avoid pennies. Oh well. Going to clutch this "investment" until the day I die/delisted
Well....wasn't that something. :o......looks like there was a lot of sellers at .017.maybe a lot of them did not sell the last run and did not want to hold ....there was some huge buys in the last 10 minutes it appeared...
Well ARCA just LOADED up low on L2. That is usually a sign of bottoming out. Just hope the naked shorts keep at a minimum. I rather not see this on buyins in 13 days.
very disappointing :'(
The price dropped by as much as 30% today due to the two filings out today. See below:
http://www.sec.gov/Archives/edgar/data/1099234/000122752806000008/0001227528-06-000008.txt
http://www.sec.gov/Archives/edgar/data/1099234/000122752806000009/0001227528-06-000009.txt
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Proc-Type: 2001,MIC-CLEAR
Originator-Name:
[email protected]Originator-Key-Asymmetric:
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<SEC-DOCUMENT>0001227528-06-000008.txt : 20060105
<SEC-HEADER>0001227528-06-000008.hdr.sgml : 20060105
<ACCEPTANCE-DATETIME>20060105110508
ACCESSION NUMBER:0001227528-06-000008
CONFORMED SUBMISSION TYPE:8-K
PUBLIC DOCUMENT COUNT:2
CONFORMED PERIOD OF REPORT:20050103
ITEM INFORMATION:Changes in Registrant.s Certifying Accountant
ITEM INFORMATION:Financial Statements and Exhibits
FILED AS OF DATE:20060105
DATE AS OF CHANGE:20060105
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME:GAMEZNFLIX INC
CENTRAL INDEX KEY:0001099234
STANDARD INDUSTRIAL CLASSIFICATION:SERVICES-VIDEO TAPE RENTAL [7841]
IRS NUMBER:541838089
STATE OF INCORPORATION:NV
FISCAL YEAR END:1231
FILING VALUES:
FORM TYPE:8-K
SEC ACT:1934 Act
SEC FILE NUMBER:000-29113
FILM NUMBER:06511039
BUSINESS ADDRESS:
STREET 1:2240 SHELTER ISLAND DRIVE #202
CITY:SAN DIEGO
STATE:CA
ZIP:92106
BUSINESS PHONE:6192263536
FORMER COMPANY:
FORMER CONFORMED NAME:POINT GROUP HOLDINGS INCORP
DATE OF NAME CHANGE:20030224
FORMER COMPANY:
FORMER CONFORMED NAME:SYCONET COM INC
DATE OF NAME CHANGE:20000119
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>lform8k0106.txt
<DESCRIPTION>GAMEZNFLIX, INC. FORM 8-K
<TEXT>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 4, 2005
GAMEZNFLIX, INC.
___________________________________________________
(Exact Name of Company as Specified in Its Charter)
Nevada 0-2911354-1838089
____________________________________________________ ________________
(State or Other Jurisdiction(Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
1535 Blackjack Road, Franklin, Kentucky42134
________________________________________ __________
(Address of Principal Executive Offices) (Zip Code)
Company's telephone number, including area code: (270) 598-0385
___________________________________________________________.
Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Company under any of the
following provisions (See General Instruction A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
<PAGE>
ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) Effective on January 1, 2006, Smith & Company, the independent
registered public accounting firm who was previously engaged as the principal
accountant to audit the Company's financial statements, changed its accounting
practice from a corporation to a professional limited liability company named
Child, Van Wagoner & Bradshaw, PLLC. As this is viewed as a separate legal
entity, the Company terminated its accounting arrangement with Smith & Company.
The decision to change principal accountants was approved by the Company's
Audit Committee and subsequently approved by the Board of Directors.
Smith & Company audited the Company's financial statements for the fiscal
years ended December 31, 2004 and 2003. This firm's report on these financial
statements was modified as to uncertainty that the Company will continue as a
going concern; other than this, the accountant's report on the financial
statements for those periods neither contained an adverse opinion or a
disclaimer of opinion, nor was qualified or modified as to uncertainty, audit
scope, or accounting principles.
During the fiscal years ended December 31, 2004 and 2003, and the
subsequent interim period preceding such change, there were no disagreements
with Smith & Company on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure. In addition,
there were no "reportable events" as described in Item 304(a)(1)(iv)(B)1
through 3 of Regulation S-B that occurred during the fiscal years ended
December 31, 2004 and 2003, and the subsequent interim period preceding such
change
(b) On January 1, 2006, the Company engaged Child, Van Wagoner &
Bradshaw, PLLC, as successor to Smith & Company, as its independent registered
public accounting firm to audit the Company's financial statements. During the
fiscal years ended December 31, 2004 and 2003, and the subsequent interim
period prior to engaging this firm, neither the Company (nor someone on its
behalf) consulted the newly engaged accountant regarding any matter.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
EXHIBITS.
Exhibits included are set forth in the Exhibit Index pursuant to Item
601of Regulation S-B.
<PAGE>
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
GAMEZNFLIX, INC.
Dated: January 2, 2006 By: /s/ John J. Fleming
_______________________
John J. Fleming, Chief
Executive Officer
EXHIBIT INDEX
Number Description
16 Letter on Change in Certifying Accountant (filed herewith).
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>ex_16.txt
<DESCRIPTION>LETTER ON CHANGE IN CERTIFYING ACCOUNTANT
<TEXT>
Smith & Company
A Professional Corporation of Certified Public Accountants
4764 South 900 East, Suite 1
Salt Lake City, Utah 84117-4977
(801) 281-4700
January 2, 2006
U.S. Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street, N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
The firm of Smith & Company was previously principal accountant for GameZnFlix,
Inc. ("Company") and reported on the financial statements of the Company for
the fiscal years ended December 31, 2004 and 2003. On January 1, 2006, we
changed our accounting practice from a corporation to a professional limited
liability company, Child, Van Wagoner & Bradshaw, PLLC. We have read the
Company's statements included under Item 4.01 of its Form 8-K dated January 2,
2006, and agree with such statements.
Very truly yours,
/s/ Smith & Company
___________________
Smith & Company
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001227528-06-000009.txt : 20060105
<SEC-HEADER>0001227528-06-000009.hdr.sgml : 20060105
<ACCEPTANCE-DATETIME>20060105110918
ACCESSION NUMBER:0001227528-06-000009
CONFORMED SUBMISSION TYPE:8-K/A
PUBLIC DOCUMENT COUNT:2
CONFORMED PERIOD OF REPORT:20050103
ITEM INFORMATION:Entry into a Material Definitive Agreement
ITEM INFORMATION:Financial Statements and Exhibits
FILED AS OF DATE:20060105
DATE AS OF CHANGE:20060105
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME:GAMEZNFLIX INC
CENTRAL INDEX KEY:0001099234
STANDARD INDUSTRIAL CLASSIFICATION:SERVICES-VIDEO TAPE RENTAL [7841]
IRS NUMBER:541838089
STATE OF INCORPORATION:NV
FISCAL YEAR END:1231
FILING VALUES:
FORM TYPE:8-K/A
SEC ACT:1934 Act
SEC FILE NUMBER:000-29113
FILM NUMBER:06511048
BUSINESS ADDRESS:
STREET 1:2240 SHELTER ISLAND DRIVE #202
CITY:SAN DIEGO
STATE:CA
ZIP:92106
BUSINESS PHONE:6192263536
FORMER COMPANY:
FORMER CONFORMED NAME:POINT GROUP HOLDINGS INCORP
DATE OF NAME CHANGE:20030224
FORMER COMPANY:
FORMER CONFORMED NAME:SYCONET COM INC
DATE OF NAME CHANGE:20000119
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>form8ka1005.txt
<DESCRIPTION>GAMEZNFLIX, INC. FORM 8-K/A
<TEXT>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 4, 2005
GAMEZNFLIX, INC.
___________________________________________________
(Exact Name of Company as Specified in Its Charter)
Nevada 0-2911354-1838089
____________________________________________________ ________________
(State or Other Jurisdiction(Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
1535 Blackjack Road, Franklin, Kentucky42134
________________________________________ __________
(Address of Principal Executive Offices) (Zip Code)
Company's telephone number, including area code: (270) 598-0385
___________________________________________________________.
Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (See General Instruction A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
<PAGE>
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 4, 2005, the Company entered into a Services Agreement with
Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this
agreement, the parties will run a pilot program, to commence on November 1,
2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit
City website to promote the service offered by the Company. If the pilot
program is deemed a success by both parties, the parties will expand the pilot
program to the remaining approximate 600 retail locations of Circuit City in
the United States by adding 55 Circuit City stores per month. Under the terms
of this agreement, the parties will share in the revenue from the sale of
Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see
Exhibit 99).
On December 28, 2005, the parties entered into an amendment to the
Services Agreement (see Exhibit 10.2). Under this amendment, the parties
agreed to extend the pilot program until March 15, 2006. Thereafter, if the
parties mutually agree that a national rollout of this program is mutually
beneficial, they will enter into a definitive agreement for such national
rollout.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
EXHIBITS.
Exhibits included are set forth in the Exhibit Index pursuant to Item
601of Regulation S-B.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
GAMEZNFLIX, INC.
Dated: January 2, 2006 By: /s/ Donald N. Gallent
_________________________
Donald N. Gallent, President
<PAGE>
EXHIBIT INDEX
Number Description
10.1 Services Agreement between the Company and Circuit City Stores,
Inc., dated October 4, 2005 (including Exhibit A: Standard Terms
and Conditions; and Exhibit C: Test Locations) (excluding Exhibit
B: Service and Fee Schedule) (incorporated by reference to Exhibit
10 of the Form 8-K filed on October 6, 2005).
10.2 Amendment #1 to Services Agreement, dated December 28, 2005 (filed
herewith).
99 Press Release issued by the Company, dated October 5, 2005
(incorporated by reference to Exhibit 99 of the Form 8-K filed on
October 6, 2005).
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>ex_10-2.txt
<DESCRIPTION>AMENDMENT #1 TO SERVICES AGREEMENT, DATED SEPTEMBER 28, 2005
<TEXT>
AMENDMENT #1 TO SERVICES AGREEMENT
WHEREAS, GameZnFlix, Inc. ("GNF") and Circuit City Stores, Inc. ("Circuit
City") have entered into that certain Services Agreement, dated as of October
4, 2005 (the "Agreement");
WHEREAS, GNF and Circuit City desire to enter into this Amendment in
order to modify certain terms of the Agreement (the "Amendment");
WHEREAS, all capitalized, undefined terms in the Amendment shall have the
meaning provided for in the Agreement;
NOW, THEREFORE, IN CONSIDERATION of the foregoing and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties, intending to be legally bound, hereby agree to amend
the Agreement as follows:
1. Recognizing that there was a mis-lettering of the Sections in the
Agreement, the Parties agree that the Sections of the Agreement are re-lettered
so that they run sequentially as common sense would dictate.
2. Original Section A.3 (Term of the Pilot Program) of the Agreement is
deleted in its entirety and is replaced with the following:
3. Term of the Pilot Program. It is the intention of the
Parties that the Pilot Program shall commence on or about
November 1, 2005 and terminate on March 15, 2006.
Thereafter, if the Parties mutually agree that a National
Rollout of the Program is mutually beneficial, the Parties
shall enter into a definitive agreement for such National
Rollout.
2. Original Section C (Audit) of the Agreement is deleted in its entirety and
is replaced with the following:
D. DUE DILIGENCE; AUDIT.
Due Diligence. In order to assist Circuit City in continuing
to fully evaluate all aspects of the Services including the
future prospects as well as compliance with the Sarbanes-
Oxley Act of 2002, GNF shall allow Circuit City to review all
mutually agreed upon GNF corporate documents and the parties
agree to work promptly together to reasonably accommodate any
such requests.
2. Audit. During the Term of this Agreement and for a period of
two (2) years following the expiration or termination of this
Agreement, both Parties shall create and maintain sufficient
books, records and accounts related to this Agreement in
accordance with generally accepted accounting practices. Each
Party shall have the right, at its own expense, to inspect or
direct an independent certified public accountant or its own
internal auditors to inspect and audit those books and records
of the other Party that are reasonably relevant to the
determination of compensation payable hereunder, provided,
however, that such audits will be conducted no more than twice
in any calendar year, upon not less than 30 (thirty) days'
notice, during regular business hours, at mutually agreeable
dates and times (not to be unreasonably withheld or delayed),
and provided further that such accountant, if any, executes a
confidentiality agreement reasonably satisfactory to the Party
being audited, to protect the confidentiality of any records so
audited. If the audit discloses a payment discrepancy or error,
the Party responsible for correcting such error shall make any
undisputed payment or remittance within thirty (30) business
days of the generation of the audit report. In the event an
audit discloses a payment discrepancy or error of more than five
(5%) percent, the Party owing such payment or remittance shall
bear the cost of the audit.
3. Original Section F (Term; Termination) of the Agreement is deleted in its
entirety and is replaced with the following:
G. TERM; TERMINATION. Unless earlier terminated as provided herein,
the term of this Agreement shall commence on the Effective Date and
continue through the end of the Pilot Program on March 15, 2006.
Notwithstanding anything to the contrary, Circuit City may terminate this
Agreement upon ten (10) days' written notice to GNF. Either Party may
terminate this Agreement with cause, effective immediately upon providing
ten (10) days notice to the other Party and if the other Party fails to
remedy the breach within five (5) days of such notice, upon any of the
following: (i) if either Party, or its agents or contractors, is in
material breach of this Agreement; or (ii) in the event that (a) either
Party becomes insolvent, enters into receivership, is the subject of a
voluntary or involuntary bankruptcy proceeding, or makes an assignment
for the benefit of creditors; or (b) a substantial part of either Party's
property is or becomes subject to any levy, seizure, assignment or sale
for or by any creditor or governmental agency. Upon termination or
expiration: (i) GNF shall continue to provide Services to Circuit City
Customers who subscribed to the Service(s) prior to termination of this
Agreement; (ii) both Parties shall pay the respective sums due to the
other Party pursuant to this Agreement as part of the final winding up
under the Agreement; and (iii) both Parties shall endeavor to provide
reasonable transition assistance if and when the Agreement is terminated.
4. Original Section J (Limitation Of Liability) of the Agreement is deleted in
its entirety and is replaced with the following:
K. LIMITATION OF LIABILITY.
1. EXCEPT FOR A PARTY'S OBLIGATIONS SET FORTH IN SECTION I
(INDEMNIFICATION) AND SECTION J (CONFIDENTIALITY), NEITHER
PARTY SHALL BE LIABLE TO THE OTHER PARTY, IN WHOLE OR IN
PART, FOR LOSS OF REVENUES, LOSS OF PROFITS, LOSS OF TIME,
INCONVENIENCE, LOSS OF USE, OR ANY OTHER INCIDENTAL, SPECIAL,
INDIRECT, PUNITIVE, OR CONSEQUENTIAL LOSS OR DAMAGE ARISING
OUT OF THIS AGREEMENT, OR THE USE OR PERFORMANCE OF THE
SERVICES, IN WHOLE OR IN PART, EVEN IF ADVISED OF THE
POSSIBILITY THEREOF, OR IF REASONABLY FORESEEABLE, WHETHER IN
AN ACTION FOR OR ARISING OUT OF ALLEGED BREACH OF WARRANTY,
ALLEGED BREACH OF CONTRACT, DELAY, NEGLIGENCE, STRICT TORT
LIABILITY OR OTHERWISE. THE REMEDIES AS SET FORTH IN THIS
AGREEMENT ARE EXCLUSIVE.
2. WITH THE EXCEPTION OF A PARTY'S INDEMNIFICATION OBLIGATIONS
AS SET FORTH IN SECTION I AND CONFIDENTIALITY OBLIGATIONS SET
FORTH IN SECTION J, THE PARTIES HERETO HEREBY AGREE THAT
CIRCUIT CITY'S TOTAL LIABILITY UNDER THIS AGREEMENT FOR ANY
CAUSE SHALL NOT EXCEED $250,000.
5. The following Provision is added to the end of Original Section K.12
(Applicable Law).
12. Any disputes arising out of this Agreement shall be brought in the
federal or state courts located in either the City of Richmond or the
County of Henrico, Virginia. IN ANY SUCH PROCEEDINGS, EACH OF THE PARTIES
HEREBY KNOWINGLY AND WILLINGLY WAIVES AND SURRENDERS SUCH PARTY'S RIGHT TO
TRIAL BY JURY AND AGREES THAT SUCH LITIGATION SHALL BE TRIED TO A JUDGE
SITTING ALONE AS THE TRIER OF BOTH FACT AND LAW, IN A BENCH TRIAL, WITHOUT
A JURY.
6. The following Provision is added as subsection 13 to the Original
Section K (Miscellaneous).
13. Advice of Counsel. Each Party expressly acknowledges that it
has received the advice of counsel in connection with the
review and drafting of this Agreement.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be
duly executed.
CIRCUIT CITY STORES, INC. GAMEZNFLIX, INC.
By: Clif Denney By: Donald "Chip" Gallent
_________________ ___________________________
Name: Clif Denney Name: Donald "Chip" Gallent
Title: Senior Vice President Title: President
Date: December 28, 2005 Date: December 22, 2005
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
Hang on, it is recovering quite fast. Have decided to hang on, hoping this is just a blip.
Well just woke up to the News. Not exactly what everyone was looking for. Though im still hanging in there. There was a sell off due to the fact that its not yet going national which is what we were all hoping, instead of this extension to march 15th.
Check out the interview with Talknstocks.com: Key thing mentioned here is that paid subscription members for Q4 2005 is up 110%.
Question & Answers
Q: Can you give us a brief overview of GameZnFlix, what you do and the markets you serve?
A: GameZnFlix, Inc., headquartered in Franklin, KY, is a growing business in the online DVD and video game rental space through its website at www.gameznflix.com. We have a wide selection of DVDs — everything from classics to new releases. As a member, you'll be able to choose from any of over 40,000 titles. You also get access to Xbox 360, Xbox, Playstation 2, Playstation 1, Playstation Portable (PSP) Games, Playstation Portable (PSP) Movies, and GameCube games. Gameznflix has over 3,000 game titles in stock covering all genres of gaming. The website is available 24 hours a day and makes finding DVDs and games very easy.
Members have the option to rent titles in bulk, all depending on a number of factors, including how quickly they watch and/or play and return them. With a 3-out-at-a-time plan, they can rent unlimited titles and exchange titles they've watched for new ones as often as they like. When their membership begins, we send them the titles they place in their queue. Then they can exchange titles as often as they like. Titles should arrive in their mailbox in about one to three business days via U.S. mail. When they finish watching or playing, simply put it in its pre-paid envelope and mail it back to us. After we receive it, we'll send them their next available movie. Shipping is always free both ways — no hidden charges.
Q: What do you think is the value proposition of your Company is for your customers?
A: Our value proposition is simple – it's all about the "and". Having both DVDs "AND" video games gives us an advantage in the online rental market. We have the opportunity to serve the whole family with a wide range of home entertainment offerings. Roughly 66% of our members rent BOTH games and DVDs. So, we provide that choice and do a better job of serving the whole household.
Q: What do you think separates the Company from its competitors?
A: Typically someone would have to spend close to $40 per month to get the same thing we offer for $16.99 per month. That's a 3-out plan at Netflix for $17.99 per month and a 2-out plan at GameFly for 21.95 per month. Even if it's apples-to-apples, a 2-out plan at Netflix is 14.99 per month and a 1-out plan at GameFly is $14.95 per month – which is $29.94 per month total. Our 3-out offering is a $12.95 per month savings in that case.
Q: Tell us about the Company's relationship with Circuit City.
A: We are currently testing our services with Circuit City. Circuit City's policy is to not comment on ongoing tests so I can not provide you with additional details about the nature of the tests or the results of the tests.
Q: When can investors expect the Company to see an up tick in its subscription revenues?
A: I'm proud to report that we saw a 110% increase in paid members for the fourth quarter of 2005.
Q: Is the Company currently capitalized to achieve its strategic objectives through the next 12 months?
A: As of September 12th, 2005 the SEC allowed the filed SB2 to become effective and our funding to begin under that program. We are already in a position to adequately fund operations for 2006 and continue our growth.
Q: How much growth through acquisition can investors expect to see from the Company through the next 12 months?
A: The Company has and will continue to look at possible acquisitions for many different business reasons. Some of which are growth and others for a fit into our desire to be an internet entertainment group. We are looking to acquire companies and not be
Q: Tell us about your management team.
A: John Fleming, CEO and Chairman of GameZnFlix, has a long history of working with emerging public and private companies. As a career accountant, John is well versed in the financing and fund raising arenas.
Myself, Chip Gallent, President, I have been working with internet-based businesses for 10 years. My experience has always straddled the technology and marketing of these companies. In my own practice I specialized in taking companies online and evaluating the inter-workings of a business in order to streamline their operations to work in the Internet space.
Arthur deJoya, Chief Financial Officer, has over 12 years of experience in both public and private accounting, mainly working with publicly traded companies. He is a member of the American Institute of Certified Public Accountants, Nevada Society of Certified Public Accountants and Public Company Accounting Oversight Broad.
Chris McLaurin, Vice President of Web Operations, served as chief technology officer for NETContent, Inc of Nashville, Tennessee from 2002 until assuming this position, and was President of C. McLaurin & Assoicates, Inc. of Murfreesboro, Tennessee a application design, e-commerce planning and software development firm prior to NETContent.
Q: What are some milestones that investors should watch for? (operational and financial/ 12-18 months)
A: We're going to be very busy this year. So far, here's what we have slated:
* A new re-designed website in Q1 2006.
* An aggressive online advertising campaign targeting the individuals who are most likely to use or try online services.
* Sponsorship and/or endorsement programs.
* Opening of further distribution centers. Currently the Company is reviewing Florida, Texas, Northeast, Midwest and Hawaii.
* Research and development to identify future product delivery platforms.
* Possible international expansion in 2006.
* Our goal is and will always be profitability for the company.
Q: Do you have any additional closing comments?
A: As a business we have a solid operating infrastructure in place, we understand what our customers expect and how to serve them, and we know how to grow our customer base. Understanding these key fundamentals, we are now in a position to execute our plan and grow the company.
Q: Is there a website where investors can get more information?
A: All of our information is available at www.gameznflix.com.
Quote from: Wax on January 05, 2006, 11:45:21 AM
I am thinking the mms were running low on shares. Although I tend to be wrong very often ;)
hahaha :P
not breaking .017 range was not so good, now looks for more consolidation on PLENTY of shares
I got out and will buy again closer to the March 15th date.
Time value of money. Horrible timing on the release.
It would have shot up this week. :'(
out as well here!
Clutching this one with my kung fu grip. If it were Dec still I would have sold for at least a write off :). One 30 minute trip to the store to come back having to pick my jaw off the floor HURT. At this point I hope it trades flat until a positive press release comes out. if it gets back to the 1 cent arena I am going to load up and ride the train until march. I would short but that was taken care of in 30 minutes >:D
Quote from: fill_the_gap on January 05, 2006, 01:12:08 PM
I got out and will buy again closer to the March 15th date.
Time value of money. Horrible timing on the release.
It would have shot up this week. :'(
Agreed jeff, breakout of resistence at .015 then they release this >:D
I have a limit order in for all my shares that i didnt buy at .0069, around 330k im selling, then looking to buy back at a lower price
http://good%20luck
hey, anyone know what has happened to Livelife...he used to post all the time...
Argh, a frustrating day today. Crappy timing too. I'm still hanging on though, there's still a lot of hidden potential here, and I fully believe that this stock can and will recover.
Some days are worse than others, and today happens to be one of the bad ones.
Stay tough. 8)
The huge buy orders from the infamous >:D ARCA on L2 at least helps with the pain. I do to believe that this is one of the rare peniies with value to it. With the loss I just ate I will be holding for awile. Oh well patience is a virtue I guess.
If there is a "half full" approach to today....at least they did not cancel the trial period...they extended it. I know that did not set well, but it is a positive.....
Rj
As everyone said: ouch! not a pretty day for GZFX...
Does the extension mean that the deal can be cancelled up to 30 days before March 15th? or was December 15th the limit in any case?
Quote from: Livana on January 05, 2006, 05:05:46 PM
As everyone said: ouch! not a pretty day for GZFX...
Does the extension mean that the deal can be cancelled up to 30 days before March 15th? or was December 15th the limit in any case?
not a pretty day at all indeed Livana :'( the cancellation notice for this extended pilot program is 10 days prior to the 15th of march. I sold 350K shares today at .012. I still hold 190k shares that i purchased at .0069 that i will continue to hold for now.
I still think GZFX has big potential, Q4 subscriptions up 110% is quite a big deal in light of growth. Though these penny stocks are really volitile and can make big swings from these PR's. If the deal with CC goes national i think we'll have a multi-bagger here. I'll be looking to purchasing some more shares when a new bullish development in price action arises. Support looks to at around .0102.
Here is the termination agreement from the SEC filing:
G. TERM; TERMINATION. Unless earlier terminated as provided herein, the term of this Agreement shall commence on the Effective Date and continue through the end of the Pilot Program on March 15, 2006. Notwithstanding anything to the contrary, Circuit City may terminate this Agreement upon ten (10) days' written notice to GNF. Either Party may terminate this Agreement with cause, effective immediately upon providing ten (10) days notice to the other Party and if the other Party fails to remedy the breach within five (5) days of such notice, upon any of the following: (i) if either Party, or its agents or contractors, is in material breach of this Agreement; or (ii) in the event that (a) either Party becomes insolvent, enters into receivership, is the subject of a voluntary or involuntary bankruptcy proceeding, or makes an assignment for the benefit of creditors; or (b) a substantial part of either Party's property is or becomes subject to any levy, seizure, assignment or sale for or by any creditor or governmental agency. Upon termination or expiration: (i) GNF shall continue to provide Services to Circuit City Customers who subscribed to the Service(s) prior to termination of this Agreement; (ii) both Parties shall pay the respective sums due to the other Party pursuant to this Agreement as part of the final winding up under the Agreement; and (iii) both Parties shall endeavor to provide reasonable transition assistance if and when the Agreement is terminated.
GZFX: When Not-So-Bad News Turns Ugly
Jan 05 2006 10:58:50 pm
Market Analysis by Lonny Rosenfeld
11 AM, up 15%, 12PM, down 30%!? Talk about a change in the tide. So what happened on Thursday? In my article on Tuesday, I will admit, things were looking very bright. It appeared that the rally was in motion and shares of Gameznflix Inc (GZFX: OTC BB) were ready to once again test the all important $.02 resistance. This thought, however, can crashing down midday Thursday as shares turned sharply lower.
Shares Thursday morning opened higher as many expected and were further pushed by news that there was a 110% increase in paid members for the fourth quarter of 2005. While the exact number of members is not known at this point, this is still a pretty impressive achievement and would make one think that the promotion of Gameznflix in Circuit City stores (NYSE:CC) is going well.
Then things turn very ugly. More news comes out: "On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually
beneficial, they will enter into a definitive agreement for such national rollout." News spreads especially fast on OTC stocks and this news caused widespread panic.
The panic was so great that shares turned significant early gains into very steep loses. Hundreds of millions of shares were dumped as many investors bailed out. Since the selling was so great and the amount of buying at this time was low, sellers had a very hard time getting out. Because of this investors kept lowering and lowering their sell prices. This hard sell off took shares down to just above the $.01 level, a very important psychological level for many.
While the sell off was widespread, was it really justified? This company just reported a net increase in paying users of 110% and while the news with Circuit City was not what most had hoped for, this does not mean it is bad news. It is bad news for the investor who was in hoping to make a quick buck, but for the long term investor who believes in this company, much has not changed. Investors will have to wait a bit longer to find out what will happen with Circuit City, but the mere fact that Circuit City has not backed out of this limited partnership is a very positive sign. Gameznflix is a small company and Circuit City had the option to pull out of this agreement at any time. The fact that Circuit City has chose to extend this agreement shows that Circuit City believes in the potential of a future partnership.
I know that many investors are likely very frustrated with Thursday's action and have had their hopes crushed, but keep in mind, this is a OTC stock and everything is riding on Circuit City's response. Thursday's response by shareholders was a reaction to disappointment, not a reaction to bad news.
Prepare yourselves for a roller coaster ride; this one may not be for the weak at heart.
thats pretty much my exact response to today... just glad to know someone worth something thinks the same way.
What a panic sell off. Buyers will be back in force.
I believe this would be a good entry point with plenty of room to gain if the sell off was due to panic.
110% increase in paying subscription increase is "factual" data. It indicates that GameZnFlix is indeed attracting new customers and thus making the company more viable.
Potential for growth is what makes micro/small cap attractive.
Hi LL,
Welcome back, haven't seen you on this thread for a while. Here is a good link to sum up yesterday's price down swirl.
" Thursday's response by shareholders was a reaction to disappointment, not a reaction to bad news."
http://www.marketvibrations.com/index.php?%20%20subaction=showfull&id=1136523530&archive=&start_from=&ucat=1&
Thanks goodyboymaximus from Yahoo GZFXlong group
More infos on GZFX
http://www.investorshub.com/boards/board.asp?board_id=2392
Fousc & others,
What can possibly move the price up from here before March 15th filing and possible Circuit City news ? A new website ? That will help, but how much ?
I will look for a re entry before March 15th.
Any ideas on where a nice entry may be ?
Saw fousc has his buy in .0069. Any others ?
Just would hate to buy too early and lose 25% or more while it falls before March. Time value of money. On the other hand, hate to miss a rise. But really cannot see other than a website, what may get the volume back.
And we would be over 2 cents without that 8K timing !!! The market does not eat lunch. Nice lesson I did not need to learn again. ;D
-Jeff-
personally, i never got out... slept in too late ;D. but i think it will continue to bounce around the range it was in before the short-term speculative buying started. the volume on thursday was sooo high that i think just about all the daytraders and shorterm holders sold. with that said, i would think most of the people left holding were long term holders. i dont see where the selling pressure needed to break down below the 0.0102 resistance could come from unless there is bad news brought out. that said why wouldnt the price just bounce around the 0.011-0.013 range on low volume? everyone saw how stable it was for the few days before the speculation drove the price up. i would think it would continue along like that until more people buy in again in march. which means that the entry point would be about where it is right now. the company is doing well i think, and with the promise of a new website out at anytime i dont see why it would drop very much. perhaps some of you can hint me in on why it might decline significantly over the coming weeks when nothing negative really happened.
I agree.. probably a good place to churn for a little while, allowing some of us to flip and increase out holdings.
Anybody adding here ?
i added more at .012, and am tapped out for now...i have to admit, i'm starting to get a little worried about this stock. GZFX is not getting the best reviews as a company. consumer reports of all reviewers reported on them....i really hope we're going to be ok on this position...
what have they been saying about the company?
Quote from: godspeed06 on January 10, 2006, 11:33:33 AM
what have they been saying about the company?
http://www.wnbc.com/tiny/5957216/detail.html
Who's Tops In DVD Delivery?
Thanks to the convenience of home delivery and no late fees, DVD delivery services are growing more popular with movie lovers.
Shawn Roberto and his daughter, Elizabeth, rent lots of films through Netflix. The movies are delivered directly to their door, and they can return them whenever they want.
"We really wouldn't go back to a regular movie store," said Shawn. "We love it."
Not surprisingly, other companies are now vying for a piece of the action. Consumer Reports recently sized up Netflix, Blockbuster, Intelliflix, GameznFlix and DVD Avenue. Lisa Lee Freeman ordered movies from each one.
"We looked at selection first," said Freeman. "Second, we looked at how quickly the movies arrived. And finally we looked at price, which ranged from $17 to $20 a month."
Some services flopped. DVD Avenue's Web site is confusing, and at $20 a month it's the most expensive. The movie selection at GameznFlix was lousy, and when Consumer Reports tried to take advantage of the free trial sign-up, the DVDs never arrived.
The best deal in DVD delivery is from Intelliflix -- $16.95 for three movies at a time. Intelliflix has a great selection, but the Web site is strictly no-frills.
Netflix and Blockbuster cost a little more, at $18 a month. But they also have a great movie selection.
"We found every movie we wanted, including older movies, like the original 'Ocean's Eleven,' with Frank Sinatra," said Freeman. "That's not a movie you're going to find down the block at a retail store."
And you also get plenty of bells and whistles on these sites. For instance, Netflix has lists of Academy Award-winning movies, while Blockbuster offers "The 1001 Movies You Must See Before You Die."
And if you're not sure you'll watch as many movies as Shawn and Elizabeth, both these services have a two-week free trial so you can check them out.
GameznFlix told NewsChannel 4 its "free trial" allows trial members to select from a limited selection of titles -- not the company's full 40,000 title selection of DVDs and video games.
DVD Avenue said customers are satisfied with the selection and price.
All Consumer Reports Material Copyright 2005. Consumers Union of U.S. Inc. ALL RIGHTS RESERVED. Consumer Reports is a not for profit organization which accepts no advertising. It has no commercial relationship with any advertiser or sponsor on this site.
I am accumulating GZFX here as the selloff was an over reaction. The Circuit City deal would be huge. And nothing changed with it except the trial period date.
In fact, I visited a test store today in Tennessee for the purpose of checking out the presentation for the pilot. (Cool Springs) It was Better than expected. Large poster displays in multiple locations. And they have nicely packaged DVD cases with the GZFX logo. You buy them at the register and on the inside is the code to sign up.
The management and 2 salespeople on the floor said it is selling very well for just beginning.
Guess we will not know until filing and/or deal is announced.
I cannot imagine Circuit City not wanting to have a partner in the field. GameFly and Best Buy are partnered. The other players in the arena do not have BOTH DVD's and games.
And Circuit City has GZFX link on the FRONT page of their website when clicking on Rent Games-movies link. www.circuitcity.com
The best part was the stickers on the new X-Box and various game systems. The stickers were advertising GZFX and were fairly large on the front of each box for sale !
Perfect time to buy is when doom is in place. I love all the negative posters on RB and other boards. Risk-reward is amazing from this level based on what I saw this evening.
An e-mail from the CEO says the new website is 93% ready for a launch. It will contain more than DVD's and games.
Willing to take the chance on GZFX as my pick of the year. ;)
Quote from: fill_the_gap on January 10, 2006, 10:39:48 AM
Anybody adding here ?
i think im gonna be adding several thousand shares tomorrow. This looks like it could be a good time to make a fill in light of the 3rd tag of an ascending trendline as well as getting close to support at .0102.
-fousc
I think you guys are right on. I have added to my position twice now and would add more at this level if I had some free cash. Good luck to us!
Quote from: fill_the_gap on January 10, 2006, 08:32:15 PM
I am accumulating GZFX here as the selloff was an over reaction. The Circuit City deal would be huge. And nothing changed with it except the trial period date.
In fact, I visited a test store today in Tennessee for the purpose of checking out the presentation for the pilot. (Cool Springs) It was Better than expected.
i live right by cool springs, and i was planning on dropping by the cc store, but i was too lazy. now im back in atlanta for classes. i figure franklin is a perfect place for gnf to test though, there is lots of growth and wealth floating around. im adding to my position as soon as my deposit is transferred. im sure i dont have as much as most of u guys, but i do what i can. good luck...
hopefully, grad school will be a little easier to pay for if gnf does what i think it can do...
I am also adding shares. I believe $0.01 mark is the "psychological" bottom for many and looks like stock may rebound off this morning's $0.0104.
I wonder if selling has finalized? Once all the "nervous" sellers sell off, stock should regain with buying pressure outweighing the selling, IMHO.
If GZFX rebounds well, then it should be more trendable again.
.01 is definatley a major psychological support area that we do not want to be broken. Prior support was broken today to close below .0102 to close at .01. I dont think that we will see it drop back below .01 though, i anticipate a rally to getting away from these scary areas at .01 :D
I dont want to see this breakdown below .01. Cause then were gonna have to fight to get back above it. And also i believe any positive sentiment about GZFX will decrease significantly regarding technical traders.
-fousc
This all banks on Circuit City at this time.
A new website is expected this quarter but all eyes are on the March 15th Circuit City date.
I called Circuit City managers today.
What they will not tell me is how the relationship will be evaluated.
- Is CC out any money (aside from valuable floor space) in marketing GZFX ?
- How much is GZFX paying CC to be in the pilot program ?
- What are the factors that will determine success in the pilot program ?
I would call this an educated gamble. We will not know more until it happens.
Thinking that sub penny wil certainly be tested without any news. .008-.009 is not out of the question. Plenty of traders sold big are looking for a buying opportunity, so the TA is out of whack for now. And under a penny will cause another panic selloff, imho.
Watching closely. ;)
GZFX is now my # 1 holding. Added more .0086. :o
Best time to buy is when the highest level of panic is in the air.
Expecting it to do very well this year.
Nothing has changes except the date! After visiting the pilot store, I feel confident in the decision to make it the # 1 holding moving forward.
Listen to the recent President interview.
http://www.gameznflix.com/press.asp?pressID=44&archive=0
it is tempting to join
but will the highest level of panic not bring it to 0.0050?
there is a link to gzfx on the circuit city.com website
in doubt.... ???
Buy in waves if you think it will fall. Nobody is good enough to time it just right.
Points to consider:
- Nothing has changed from when it was about to break thru 2 cents a few days ago
- .005 and under was Without Circuit City
- Circuit City partnered with Netflix in 2000-2001 and gave them exposure
- Share count is high but price is valued accordingly
- New website coming any day
- How many sellers are truly left
- Traders did not want to wait but will be back soon as march approches
- Listen to the most recent President interview
Looking for the bottom.....ready to buy more. >:D
Do not be afraid here.
Circuit City does not partner with just any company.
Mutually beneficial.
Front page of www.circuitcity.com
Click the rent movies and games link.
The advertising goes out in various Sunday Advertising Circulars (newspapers) to millions paid for by Circuit City.
This is the time to buy, imho.
Any news and it will breakout of this panic mode.
Shorts are playing on emotions and fear.
Imagine every .0009 being up 10% gain on your initial investment.
So far, I have visited the Tennessee location and also called the Operating Managers in the 22 Circuit City stores said the feedback is very positive. Rolling it out all at once would be too much to handle. The gradual rollout is perfect.
Here are the locations if you prefer to call them yourselves.
Circuit City Test Stores/ Town, location, ZIP code
Richmond VA Short Pump 23233.............
Portland ME South Portland 04106
Syracuse NY Utica Mini 13413................
Bangor ME Bangor 04401
Syracuse NY Carousel Center 13290.......
Boston MA Saugus 01906
Buffalo NY Cheektowaga 14225................
Boston MA Danvers 01923
Buffalo NY Amherst 14226.......................
Concord NH 03301
Buffalo NY Hamburg Micro 14219..............
Portsmouth NH 03801
Rochester NY Greece 14626.....................
Nashville TN Cool Springs 37067
Rochester NY Henrietta 14623...................
Erie PA Erie 16509
Rochester NY Victor 14564
December additions verified by personal contact
Nasua,NH store #4115................
Manchester,NH store #4124
Salem,NH store #4120................
Burlington,Mass store #4112
Somerville,Mass store #4111......
Leominster,Mass store #3768
Natick,Mass store #4121.............
Braintree,Mass store #4119
Millbury,Mass store #3602...........
Plymouth,Mass store #3592
____________________________________________
http://mcintyreoutdoor.com/graphics/web%20photo%202DSC02679.jpg
4 of these around the town that I live near (Nashville, TN).
On major interstates as well as right next to the Tennessee Titans football stadium.
They also had the entire bag cover for the Sunday paper for all of middle Tennessee.
added to my position today. i dont think it should drop farther than the levels its at right now. if it does i dont see how anyone could really justify the sell off. i know the market always determines the price, and this is considered the "correct" price, but people determine the market and they're controlled by their emotions. after all of the dust settles and before the news comes out this stock shouldnt be below a penny. but we all have a chance to buy below below a penny right now...
Waiting for things to even out here, and I'll be adding more soon as well.
Somebody posted this on another board.
===============================================
GZFX in 6 different areas on Circuit City website.....we have been and continue to be all over the Circuit City website....
1) GZFX is once again listed on the Circuit City website on the front page. Look in the righthand column under the "Just what I needed" section under the title "Rent games and movies". This just happened this morning, Sunday, Jan. 8th....
http://www.circuitcity.com/ccd/home.do
2) Check this link for the Circuit City national weekly circular in which GZFX has an ad at the bottom of page 21.....
http://weeklyad.circuitcity.com/circuitcity/default.aspx?action=browsepageflash&storeid=2397057&....
3) Starting from the Circuit City homepage......heres the link for the CC homepage.
http://www.circuitcity.com/ccd/home.do
Go to the CC website and do a search for "GameznFlix". The search box is on the righthand side at the top of the website.
4) from the CC homepage, click on the link in the toolbar at the top of the page that says "What's New". Heres the direct link...... notice it lists GameznFlix under "New Partnerships" in the righthand column....
http://www.circuitcity.com/rpsm/oid/122321/rpem/ccd/genericContent.do
5) from the CC homepage, click on the link in the toolbar thats says "Services". Look in the righthand column and you will see the following ad listed in the "Featured Offers" section....
heres the direct link .....
http://www.circuitcity.com/rpsm/oid/117127/rpem/ccd/genericContent.do
6) from the CC homepage, look for the "Movies & Music" link in the tool bar at the top of the page, use the drop down menu and click on "Movies" and then you will see another link in the righthand column that says "Rent Movies and Games" which takes you to a GameznFlix signup page....
heres a direct link....
http://www.circuitcity.com/ccd/categorySpecial.do?catOid=-13219&N=20013218+20013219&c=1
Netflix-2 DVDs at-a-time $14.99/month. Gamefly-1 Game out $14.95/month. Your cost- 30 dollars/month.
GameznFlix costs 16.99 3-out plan and you get to rent any combination of 3 movies/games at a time.
You save $13 a month by choosing GameznFlix
Well technically GZFX is breaking down horribly, closing to below the .01 mark. Though i do see something that i very much enjoy. Price action is forming a bullish divergence with MACD histogram . I love this technical signal and love to trade it. The safest way to trade this pattern is to buy on the next positive tick of the MACD histogram. In doing this, getting in at the bottom is out of the question, but its safe.
-fousc
I am looking to go HEAVY into this around .0075-.008 if possible. Otherwise .01 will be fine ;) This is something I will just need to seperate and actually hold for 6-12 months. This thing could be a nice chunk into a VERY EARLY retirement fund down the road. I need to load, put into a seperate account, and totally avoid looking at any daily/monthly movement until they ink up with CC.
Nice thought about tucking GZFX away.
I bought a large portion for the IRA's and business SEPP at .009.
Now is the time. Announcing the national roll out with Circuit City will result in an immediate double or more, imho.
Find another penny with such a giant retail player partnership. The arena is cutting edge.
I did not like GZFX in the past for many reasons.
But current research has given the green light to buy and hold.
This could be bigger than you may even think.
They are setting up for the rights to download the games & dvd's.
This way your rental option will be instant.
The new website is anticipated.
My thought is that they will announce the national deal in March but roll it out in a controlled manner. But I have been wrong many times before. So please do your own dd.
-Jeff-
January 13, 2006 - 10:51 AM EST
GameZnFlix, Inc. "Tees it Up" With Hole-In-One Production and the Etourgolf.com World Charity Golf Challenge
GameZnFlix, Inc. (OTC BB: GZFX), an online provider of DVDs and video games for rent or purchase, announced today that it has entered into an investment with Hole-In-One Productions LLC to produce Etourgolf.com World Charity Golf event. The specifics of the agreement involve the exchange for working capital for advertising, corporate exposure and 25% proprietary ownership of Etourgolf LLC. This begins with this year's Etourgolf.com World Charity Golf Challenge at the Rio Secco Golf Club in Las Vegas 16-20 January 2006.
"This new agreement provides GameZnFlix a secure financial investment while giving us worldwide corporate exposure," stated John Fleming CEO/Chairman of GameZnFlix.
"GameZnFlix and the Etourgolf.com World Charity Challenge will begin the mission to grow the game of golf while making a contribution back to the community," stated Barbara Yaremko, Founder and Executive Producer/Producer Etourgolf.com World Charity Golf Challenge. "As a sponsor to this event, companies such as GameZnFlix will be able to bring their name and service directly to the attention of potential viewers, which is estimated to be in the millions."
Etourgolf.com 2005 World Charity Golf Challenge is a "televised playoff" at Rio Secco Golf Club in Las Vegas, Jan. 16th-20th 2006 hosted by Butch Harmon, accomplished player on the PGA TOUR and champion of the 1971 B.C. Open. The playoff is a reality based golf challenge that is across between "The Big Break," "Ryder Cup" and "Survivor." Beginning on the 16th of January 2006, 60 amateur golfers from 15 nations will compete in a series of golf events, contests and tournament play to win prizes.
About Hole-In-One Productions LLC.
Hole In One Productions, LLC., (USA) was established in 2004 to develop, produce and distribute golf related film, television and live events that promote and grow the game of golf and make a contribution back to the community. Over the past two years it has developed, produced and is currently distributing four productions: Etourgolf.com 2005 World Charity Golf Challenge, Foreplay Golf (an instructional, informative, entertaining golf travel show that takes a fun approach to teaching and learning the great game of golf), its companion www.foreplaygolf.tv golf, travel and entertainment website and its new golf personals website: www.matchgolfers.com.
About GameZnFlix, Inc.
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 40,000 games and movie titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Source: Market Wire (January 13, 2006 - 10:51 AM EST)
News by QuoteMedia
www.quotemedia.com
Excellent Day !
Hoping that some of you bought the past few days. ;)
New website & Circuit City national rollout news are next in line.
Bought 230k more shares today before the close. Great day for GZFX bringing us back up above the .01 barrier. Looking like a trend reversal with todays bullish engulfing candle. Looking to load up some more on monday.
Not this monday you wont! >:D
Haha :P
I'll be adding some more this Tuesday or Wednesday.
Nice rebound today. Have a nice holiday weekend everyone! :D
From december 1st press release transcript:
Another thing that is very strong for us is what is the evolution of rental business?
We are aggressively looking at a download model or paper view model, one that would allow us to offer to our members a title that is electronically delivered, you know that is the next stage of this business. And whether that be through a computer, to a media center PC that is attached to the television, or satellite system of some sort, or an IP based television, that is something we are aggressively looking at because the technology and more importantly, the market for that may not be here right now, we know that some of the things that has happened in and around the business, that it is absolutely coming, and we want to be ready for it in anticipation of what that is.
from webcast
...(interviewer)does the company have any plans to develop an on demand platform?
(john fleming)Not only do we have plans, we are ready to beta test, we are in fact we are so close to beta test right now, we got everything in place and we are running internal testing right now before we take it out to the outside world for beta testing. We believe that the industry is going to lead in the next years to the direct download, and so we've spent probably the last year working on that portion of our business and getting ready to move forward in it. One of the hurdles of that industry in the direct download is going to be the studios recognizing that its a real market, and their going to have to address it and address it with the vendors like ourselves.
(interviewer)And when do you plan on rolling that platform out?
(john fleming) As soon as my legal department says I can roll it out, as I said were already testing it internally, and we just have a couple more hurdles we want to make sure, because we at all times want to make sure that we are maintaining our copyright protection for the studios and ourselves, as well as the users who are going to be using it so we have a few more legal hurdles to clear and then we are ready to bring it out to actual beta testing in the public.
This photo was taken of 1 of 4 in store GZFX displays !
Front and center within an enormous Circuit City location.
Took this one of a billboard within Circuit City that explains the service.
The nicely packaged GZFX DVD Box that you scan at the Circuit Register to purchase. The code for service is on the inside !
Yet another display rack within a Circuit City. (PRIME LOCATION)
Photo taken at a Circuit City Pilot location.
The stickers for GZFX are on all gaming units that are sold ! Brilliant idea.
I'll tell yiou the truth, when the stock plummeted by 50% and then the pilot was extended to March, I became extremely nervous and had lost confidence in this thing....but, i admit, I've gained my confidence back and I'm feeling really good about this stock. I think that the realization of $1 is crazy, but I truly think that this stock could make it to .30 or so. There are just way too many outstanding shares right now.
I really just hope we all make a little money here. I bought it way too high, but I also bought a little when it dipped, so glta...
Nobody knows what will happen this week but all eyes point to March.
And momentum will begin ahead of the March date and many traders will not want to run the risk of having to chase. The website and/or other news can hot the wire any day.
Heading into March the speculation is that GZFX will run above 2 cents. Probably at least 100% from here if I had to guess. Then the news will decide the fate.
Remember, a website is due any day now. And GZFX is on alot of radar screens with traders waiting to get in. Fridays news was positive as it was unexpected.
I am in for a full position as timing GZFX has not worked.
This could really be big soon.
The photos below make it real for many investors. The presentation within Circuit City was well planned and the speculation is a National rollout to all stores very soon. It is just a matter of ramping up to handle the traffic. Circuit City learned what not to do when it launched Netflix in 2001. Too fast and all at once caused more damage with service issues. GZFX and Circuit City know how to do it correctly this time learning at the expense of Netflix.
And the President enforced buying other companies in this interview.
All potential investors should listen to the President as well as read the CEO transcript...
http://www.gameznflix.com/press.asp
GameZnFlix ad is in the Circuit City online flyer again today.
It also went out to millions of people in the paper version yet again.
http://www.circuitcity.com/rpsm/oid/117127/rpem/ccd/genericContent.do
;D
If GZFX continues to trend, it should gain as RSI (14) approaches 70-80 with some profit taking along the way, IMHO. ;)
Im loving the last 2 candles on the chart. Buying some more tomorrow morning.
Thursdays session was a hammer candle: which is a signal indicating the bears are running out of steam and the bulls are looking to make a reversal. Confirmation of this is a white candle the following day. A hammer candle has a small real body at the top with a long lower shadow.
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=13535;image)
We got confirmation of a bullish reversal for the hammer on the following day with a bullish engulfing candle:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=13536;image)
Bullish Engulfing
Significance: bullish
Indication: reversal
# of candles: 2
Previous Trend: bearish
The bullish engulfing candlestick pattern is characterized by a small black candle that appears in the midst of a bearish downtrend. On the following day a longer white candle forms that engulfs the enirety of the first black candle with a close above the open of the first day. This signifies that the bears are losing momentum and the bulls have resumed control for the time being. Confirmation of this pattern is a white candle the folling day. The heavier the volume on the 2nd engulfing day, the higher probability of a bullish reversal.
Note: Candlestick reversal patterns are significantly more potent when occuring near areas of support and resistence.
As well we are still waiting for that bullish divergence between price action and the Macd histogram i previously talked about to play out. Confirmation of the divergence will be the next positive tick on the histogram.
Good luck ladies and gentz.
-fousc
http://www.prweb.com/releases/2006/1/prweb333379.htm ;D
more news
GameZnFlix, Inc. Signs Lease for Its Own Proprietary Channel to Be Broadcasted via Satellite
Tuesday January 17, 9:30 am ET
FRANKLIN, KY--(MARKET WIRE)--Jan 17, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVDs and video games for rent or purchase, plans to launch its own proprietary channel on IntelSat America 5, a satellite transponder aimed toward Ethnic, Christian, Military and other communities in the United States. The new video/movie channel -- a collaboration between GameZnFlix and Hit Media, LLC, a Florida-based marketing firm with roots in the satellite and video distribution industries -- will primarily serve as a marketing tool to millions of viewers in the U.S., Canada and the Caribbean.
joozt,
I think the rest of the PR should be mentioned.
http://biz.yahoo.com/iw/060117/0106420.html
The satellite delivery model -- provided by Pittsburgh International Telecommunications, Inc. -- will also serve as a GameZnFlix's download station to those same customers.
CEO John Fleming, GameZnFlix, Inc., stated, "This is the first step towards our company moving into the direct download to personal entertainment systems across the United States. We have been working closely with Pittsburgh International Telecommunications, Inc. and Hit Media, LLC over the past year on this project. We are pleased to make this announcement."
Al Stem, CEO, Pittsburgh International Telecommunications, Inc., added, "The timing of this service offering is good. Consumer demand, satellite technology and environmental economics all seem to be lining up favorably. Pittsburgh International Telecommunications, Inc. is excited to be a part of its launch. We're excited to be a part of this pioneering content-delivery innovation with both GameZnFlix and Hit Media."
GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Pittsburgh International Telecommunications, Inc. is a leading provider of direct-to-home broadcasting services for ethnic, religious, medical and business channels from around the world. Within this market, Pittsburgh International Telecommunications, Inc. delivers a wide range of programming that targets international communities in the U.S. and the Caribbean. These networks broadcast educational programs, news, sports and movies.
Pittsburgh International Telecommunications, Inc. continues to expand its scope of services to a growing customer base including, but not limited to, enterprise customers, major international telecommunications carriers, television networks, government agencies, and universities. Video Services include uplinking and downlinking to major networks such as ABC, CBS, CNN, ESPN, FOX, MSNBC and NBC as well as numerous individual stations and businesses. The Company provides voice and data services between the U.S. and a number of countries in South America, Europe and Africa.
Anyone here knows the true value of what GZFX is worth considering its fundamental? I hear numbers from $0.50 to $1.50 per share being thrown around.
BTW, Xbox is still hot and the more owners there are, the more subs GZFX may have.
http://www.cnn.com/2006/TECH/fun.games/01/16/xbox.360.reut/index.html
Price seems to be dropping due to the S-8 just released at 1pm.....looks like dilution.
http://www.pinksheets.com/quote/filings.jsp?symbol=gzfx
better be careful
glta
julia
man, why is it everytime they do something good and the stock reacts, they feel it necessary to do something negative to hurt the stock...150mill more shares...we truly, in my opinion, will be lucky to see .03/share in '06. just when things were looking up....
this is not bad news. its good news. read it and youll understand. gnf is getting ready for something big later down the road... everyone panic sold again without reading it, and now its closing strong. flippers probably got fucked.
ya know, after i saw the 8-S and saw the price plummet, it pissed me off so much, i left and ran some errands...while i was out, i did start thinking, if they issued those shares for employee options, then perhaps, it is a good thing,that they want to open up more shares for their employees to get more involved, and surely the only reason they would do that is because they are confident in what the company is doing and where it is going.....i got home about 15 min. before the bell and it was back up at 8% for the day....nice swing, i say!!!
Yeah, I was relatively miffed at the timing of the S-8 as well, but that's the way things roll. Hopefully things will remain strong tomorrow - I look forward to hearing about the new website in the near future :D
This is awful, im doubtful CC will even happen now.
man did i get taken by the hype
Jefferson,
What are you talking about ?
A. It rose 30% in a couple of days and cannot go straight up
B. The Circuit City deal is not known until March 15th per the Agreement extension
C. The website and other news can help but the play is into March per the thread below
fyi ;)
lots of GZFX informations:
http://www.investorshub.com/boards/board.asp?board_id=2392
Quote from: Jefferson on January 19, 2006, 01:39:55 AM
This is awful, im doubtful CC will even happen now.
man did i get taken by the hype
This really was an unecessary comment. The filing of the S-8 has nothing to do with the ability of the CC deal to succeed.
On a second note: News out today for GZFX
GZFX -- GameznFlix, Inc.
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
GameZnFlix Retains Stanton, Walker and Company for Merger & Acquisition ServicesFRANKLIN, KY, Jan 18, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (OTC BB: GZFX), an online provider of DVDs and video games for rent or purchase, announced today that it has signed an advisory and consulting services agreement with New York-based Stanton, Walker & Company to identify, evaluate and transact potential acquisition or merger opportunities for GameZnFlix.
GameZnFlix is actively pursuing acquisition opportunities that will provide complementary technologies to the company's current focus on providing DVDs and video games for rent or purchase. Stanton Walker will provide due diligence, transaction structuring and consulting services throughout the process. Stanton Walker will also identify potential acquisition candidates that fit the GameZnFlix business profile and assist in evaluation of strategic business decisions.
John Fleming, CEO/Chairman of GameZnFlix, stated, "Acquisitions have the potential to enhance our growth model and drive development of our DVD and video game rental business. While our management team continues to focus on maximizing our existing business opportunities, we value the professional experience Stanton Walker will provide in identifying significant external opportunities for our company."
About Stanton, Walker & Company
Stanton, Walker & Company provides a full range of strategic operational, marketing, financial advisory and M & A services to public companies. Stanton Walker is especially interested in working with companies where their products and/or services appear to offer the company's stockholders an opportunity for a significant return.
Heres the updated chart on GZFX. Im hoping to not see it drop back below .0102 support that we saw a false breakdown of last week. Still waiting for this bullish divergence to pan out as well.
-fousc
Quote from: Jefferson on January 19, 2006, 01:39:55 AM
This is awful, im doubtful CC will even happen now.
man did i get taken by the hype
Jefferson......I take it you are, (or are not) long at this moment? :o
More insider transactions by the CFO.
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3D%5C2006%5C01%5C20%5CEDGARNews_0001227528-06-0000430001099234.html%26clientid%3D168%26provider%3DEDGARnews&symbol=GZFX
Really slow day today. Lowest volume since 10/04/05 which was the day before the CC deal was announced.
But these stocks were awarded to the CFO, at $0
transaction carries no real weight
Did I miss some news ???
cheers
O.
Slowly movin on downwards.......... Price action forming a descending wedge. Lookout for a break of the top of the wedge along with an positive tic of macd-histogram to begin the bullish divergence. Hopefully some news will come out soon and enhance this pattern.
-fousc
Some key events ahead:
- Quarterly numbers (Feb. 15th? or possibly the end of March that will file with the Annual) will show numbers with a few months of Circuit City pilot
- New website (My best guess is this will come before a Circuit City national deal as they will want it to be in place for the new traffic ahead if the deal happens
- March 15th was the extension date for the pilot program (CC and/or GZFX have 10 days before the 15th to terminate the agreement)
- The golf deal should have an updated PR soon as it will be televised
- If it hit the lower end of the trading range .0085, I would add more shares. But I add in phases and added yesterday at .0103.
Give GZFX some time to develop into March. Best guess is that it will either more than double from here or be down heading to .0026 (only with a cancellation of CC deal). And I am willing to roll the dice that the deal happens.
* Do the dd to make your own decision as nothing is ever considered advice.
sold half my postition near the open at .0103. Still holding 40% profiy from my position at .0069. Trying to limit risk here, glad i did its down another 5%. I'll think about maybe adding some more on a break of the descending wedge. In the mean time i'll continue to hold my initial stake for the long term. I'll take my other money and put it in more volitile places.
good luck,
-fous man
Seems like a great plan. I am with you fousc.
I sold most today when it failed to close above 100ma and will wait for a breakout indicator.
Until Circuit City news happens, the dilution factor really bothers me and lower levels are going to be seen. I believe in the company IF they get the national Circuit City deal. And we probably will not know until March.
The fear lies if the 10K hits before the CC deal. This may bother people with the share count.
And only CC nationally can overcome such a number.
Sold the last of my goods for a 20% gain. Filed an 8k and 10k form today. More dilution. down 19%
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001094328%252D06%252D000008%252Etxt%26filepath%3D%255C2006%255C02%255C01%255C&symbol=GZFX
-fous man
Diluted another 20 million shares? GZFX management obviously don't care about their shareholders with such a huge o/s but 20 mill hardly scratches the surface of the 1.21 billion (yahoo #) o/s. And this was down almost 50% because of this? Well, I'm in at .006, God help me. ;)
Yeah, I agree, the selloffs were somewhat ridiculous. Tough day to deal with, but it happens. I'm on the verge of buying up quite a bit on the impending news of the new website.
The CC deal is pretty much all GZFX has left ;D
There's really some great potential going on here, but you get the feeling that it's starting to be a gamble at this point. I'm still holding strong, and I'm in until I hear more about Circuit City. And I'll take a beating until then :P
There are more than a Billion shares added since the last filing, not 20 million.
Read the filing closely.
Very lucky to have sold yesterday per the post below anticipating the 10k and I hope some others did too. If not, maybe they can pull off the Circuit City deal, military deal and website soon.
Still not sure why they did not wait to file it ? The past 2 years filed near April.
Stock suicide to issue this without any news at this time. ???
good call fill_the_gap & Fous; both applaud because I have sold all in the morning ;D
Quote from: fill_the_gap on February 01, 2006, 10:41:47 PM
There are more than a Billion shares added since the last filing, not 20 million.
Read the filing closely.
Very lucky to have sold yesterday per the post below anticipating the 10k and I hope some others did too. If not, maybe they can pull off the Circuit City deal, military deal and website soon.
Still not sure why they did not wait to file it ? The past 2 years filed near April.
Stock suicide to issue this without any news at this time. ???
Quote from: fill_the_gap on February 01, 2006, 10:41:47 PM
There are more than a Billion shares added since the last filing, not 20 million.
Read the filing closely.
Very lucky to have sold yesterday per the post below anticipating the 10k and I hope some others did too. If not, maybe they can pull off the Circuit City deal, military deal and website soon.
Still not sure why they did not wait to file it ? The past 2 years filed near April.
Stock suicide to issue this without any news at this time. ???
Thanks for pointing this out, Jeff. I have to admit that I just did a quick scan to make a fast determination if I should jump in on the rebound yesterday and missed the good stuff. I'm up 18% so far and will sell either as GZFX approaches the point of the fall below .01 or on weakness.
Follows is what I found as the pertinent information on current and further dilution for anyone interested:
---------------------------------------------------------------------------------------------------
Risks Relating to the Financing Arrangements.
(a) There are a Large Number of Shares Underlying our Convertible Debentures and Warrants; Sale of These Shares may Depress the Market Price of our Common Stock.
As of December 31, 2005, we had 3,291,733,490 shares of common stock issued and outstanding and convertible debentures outstanding that may be converted into an estimated 5,015,487,805 shares of common stock at current market prices, and outstanding warrants to purchase 8,203,000 (out of an original 15,000,0000) shares of common stock. In addition, the number of shares of common stock issuable upon conversion of the outstanding convertible debentures may increase if the market price of our stock declines. All of the shares, including all of the shares issuable upon conversion of the debentures and upon exercise of our warrants, may be sold without restriction. The sale of these shares may adversely affect the market price of our common stock.
The continuously adjustable conversion price feature of our convertible debentures could require us to issue a substantially greater number of shares, which will cause dilution to our existing stockholders.
The Company's obligation to issue shares upon conversion of the convertible debentures to Golden Gate Investors, Inc. is essentially limitless. The following is an example of the amount of shares of our common stock that are issuable, upon conversion of the balance of the convertible debenture of $82,027 as of December 31, 2005 (excluding accrued interest), based on market prices 25%, 50% and 75% below the market price as of January 28, 2006 of $0.01:
Number % of
% Below Price Per With Discount of Shares Outstanding
Market Share at 18% Issuable Stock
25% $0.0075 $0.0060 1,496,000,000 31.24%
50% $0.0050 $0.0040 2,248,000,000 40.58%
75% $0.0025 $0.0020 4,503,000,000 57.77%
As illustrated, the number of shares of common stock issuable upon conversion of the convertible debentures will increase if the market price of the stock declines, which will cause dilution to the existing stockholders.
-------------------------------------------------------------------------------------------------
I will be watching for rebound activity in the coming weeks for an entry as we approach March 15. How low can RSI (14) go? Below 30?
There may be a run up in anticipation.
GLTA
Looks the the Director unloaded all of his shares.
http://secform4.com/insider/showhistory.php?cik=1269693
-fous
that happened a month and a half ago...but thanks
Quote from: fous on February 02, 2006, 01:58:38 PM
Looks the the Director unloaded all of his shares.
http://secform4.com/insider/showhistory.php?cik=1269693
-fous
Yeah, it looks like he only $26,000 in shares, so not that much. Was reported Jan 27th also.
The ride from here on out until March should be pretty interesting.
is it possible thats how he gets paid?? if not, it happened a long time ago, not really relevant anymore.
Mark is not relevant to the operation of the company anymore. And the company issued more shares for insiders.
I fully expect GZFX to be well over a penny into March on a string of positive news beginning as early as next week.
Currently watching the chart to begin an entry.
The worst is behind but trading will remain choppy until some substantial news hits.
Great run-up at the end of today to bounce back up 10%. Looks like the dumping may have only lasted on the 1st, yesterday and today have been a nice little rebound.
Today's chart.
With some positive news I think there's a lot of potential for a trend reversal here, I hope. ;D
Rebound continuing? Getting ready to jump in.
I would like to see more buy indicators.
The Annual filing (10K) came end of March, first of April the past few years.
There must be a few reasons that it was filed early this year.
And we shall see soon enough.
This did not drop nearly as much as expected based on the 10K.
I bought a half position Friday and will have a full position Monday.
Too much news coming, worst is behind us, imho.
Circuit City remains a go, and the pilot ends March 15th. They have 10 days ahead of the 15th to cancel.
It would double on the news of a national deal minimum, imho.
Great time to enter here in the .008's. Will be over a penny heading into March 15th.
But pennies are risky, so do what you feel comfortable with.
Will be my # 1 holding again into March. :o
It is curious that they announced the dilution at this time. Maybe they are getting the bad news out of the way before the good news comes? Imagine if they would have announced the dilution in the middle of PRs on a new website, CC national deal and increased subscription numbers. It would have put a serious damper in things!
I don't agree that this didn't drop as much as would be expected. It tanked almost 50% in barely an hour on the news. At least any weak hands should have been shaken out in the fall and many of those who sold will be watching as it climbs back up and afraid that they are going to be left behind. If everything falls into place, we're looking at some good stuff!!!
Just checked out the website with the intention of signing up for the trial. That thing has got to be such a negative for anyone wanting to try their service. It is seriously lacking compared to Blockbuster Online and Netflix. Picture links are broken, they don't promote what would be their more desirable rentals and they make it too difficult to find what you would want. Even the search function is not as effective as it could be. I can't wait to see the new website when it rolls out. Anyone hear a date for it to go live?
We should watch as this approaches .01 as the first level of resistance. That is close to where GZFX was before the fall and may be a psychological level of resistance. If we break that OK and start to get some nice PRs, who knows where this will go.
Quote from: basonista on February 04, 2006, 11:01:29 PM
It is curious that they announced the dilution at this time. Maybe they are getting the bad news out of the way before the good news comes? Imagine if they would have announced the dilution in the middle of PRs on a new website, CC national deal and increased subscription numbers. It would have put a serious damper in things!
I don't agree that this didn't drop as much as would be expected. It tanked almost 50% in barely an hour on the news. At least any weak hands should have been shaken out in the fall and many of those who sold will be watching as it climbs back up and afraid that they are going to be left behind. If everything falls into place, we're looking at some good stuff!!!
Just checked out the website with the intention of signing up for the trial. That thing has got to be such a negative for anyone wanting to try their service. It is seriously lacking compared to Blockbuster Online and Netflix. Picture links are broken, they don't promote what would be their more desirable rentals and they make it too difficult to find what you would want. Even the search function is not as effective as it could be. I can't wait to see the new website when it rolls out. Anyone hear a date for it to go live?
We should watch as this approaches .01 as the first level of resistance. That is close to where GZFX was before the fall and may be a psychological level of resistance. If we break that OK and start to get some nice PRs, who knows where this will go.
Even though it tanked pretty hard, I've been even more impressed with the rebound we got at the end of the week. Monday will be an interesting day to see what kind of strength GZFX still has.
As for the website, it would probably be a good idea to annouce it before Circuit City has to decide again on the pilot program, so it would definitely be in GZFX's best interest to get that going ASAP. A much more effecient website would certainly push the CC deal in a more positive direction. So, I'd expect the new website to be annouced sometime this month, probably in the next few weeks.
The website will come before this quarter ends which is really not that far away.
Some other news to consider:
- The military online and store deal would be huge
- Another PR about the golf partnership
- Of course Circuit City national deal
- Acquisitions
- GZFX partnering and/or being acquired
- It was confirmed that a European investor purchased 100 million shares at 3 cents average.
(3 million dollars). Perhaps, international expansion news.
There has to be some reasons that they filed the 10k at this time.
We will all have to stay tuned.
;D
hey, noone noticed that there is a new interview on wallst.net? it was posted friday night under interviews.
what does everyone think about these new developments?
the satellite feed needing hardware?
the International expansion this year?
GZFX President. Chip Gallent interview WallSt.net http://www.wallst.net/audio/audio.asp
GZFX is now my # 1 holding. ::)
From the other recent interview.
Is the company currently capitalized to achieve strategic objectives through the next 12 months?
Absolutely, through our investment partners, we are very well capitalized and GameZnFlix is now at the point where we are no longer a startup business. We are absolutely in the growth and expansion mode and we are well capitalized to take on that state of the business.
How much growth through acquisitions can the investors expect in the next 12 months?
I think more than anything you will see that this industry is at a point in time where consolidation makes a lot of sense. There has been a lot of people who have been in the business for a number of years. A lot of companies that are privately funded who are not public, and are really at the point, in order to take the next step, they need access to capital and/or partners. What we look for in a company is for any type of acquisition target, is someone who is just that. In order to get to the next step, they need money. They've done a good job getting it where it is, but they just haven't been able to break through ceiling of some sort, whether it be marketing expense, inventory expense, growth expense, infrastructure, so on and so forth.
Another thing that we look for in a company is that is the company on-line rentals of movies or on-line rentals of games? Do they make good fit for us strategically? Are we like minded in the way we approach the business philosophy around the business do they have sound membership base? Do they have good inventory on hand that we can bring into our fold and help us expand the inventory that we have? You are going to see from us, that we are very aggressively looking for acquisitions right now in over the next 12 months, you are going to see us very aggressive in that side of the business.
Tell us about the company's management team.
Number one, we got a great management team. We got a core group of five individuals that cover the gamut when you are looking at the business, obviously finance, operatins, marketing, technology, human resources and the core people we have, Mr. Flemming, myself, Chris who runs the web operations side of the business, Arthur, CFO everybody has unique experience in and around the on-line business. We obviously been working to get to this point now for two or three years. Mr. Flemming has laid the ground work for us. So, our management team is really one where we got the right people to help us grow. We are looking for additional people to help us grow in other parts of the business. As we keep continuing to grow in member, We are looking for other parts of the business continue to grow in membership, the number of title, the number of distribution centers we have to continue to bring in good people to take us to the next level. We are obviously not done, and we will be adding others as we grow as we see fit and as the need arise. But as far as the core, we are very sound and have a great team to work with to get us where we are looking to go.
What are some milestones over the next 12-18 months the investors should watch for?
Number one, we already hit on, which is acquisition, in finding companies that are good fit companies to help us grow, can bring subscriber number to us as well as inventory as well as good people Probably in the first quarter is going to be the revised website. We were looking to get that out sooner, but we were counseled that releasing a new website during the holiday season was not a good thing for us to do at this point in time because of all the issues that surround releasing new technology out into the market.
The other thing is expanding our advertising and marketing. And really getting to the point where marketing and advertising is more science. And we understand exactly how people come to us, what drives them to us and what drives people to stay with us, for as long we can serve them, as long as they have a need for on-line subscription. We are looking at things like sponsorship and endorsement programs at different levels. Different sales channels we can look at for offering our service. We are looking at things like, is there potential for us to offer a way for groups and organizations to sell our service as a fund raiser, and are those kinds of things possible?
Obviously the other thing is expansion. Where do we go with distribution centers? How do we expand the business in a smart way in line with membership growth so that we are closer to pockets of members; therefore, so that our turn around time is better Another thing that is very strong for us is what is the evolution of rental business?
We are aggressively looking at a download model or paper view model, one that would allow us to offer to our members a title that is electronically delivered, you know that is the next stage of this business. And whether that be through a computer, to a media center PC that is attached to the television, or satellite system of some sort, or an IP based television, that is something we are aggressively looking at because the technology and more importantly, the market for that may not be here right now, we know that some of the things that has happened in and around the business, that it is absolutely coming, and we want to be ready for it in anticipation of what that is.
Another strong thing for us is expansion into Europe and what that may entail, either through organic expansion or through acquisitions. And really the next things that are internal to the business is you got two new game platforms coming on-line in the spring, Playstation 3 [and Revolution]. You also have, probably in the summer or fall time frame, HD DVD, which is whole new world for us in respect to DVD and its technology. So, those products as we see them are going to be strong for us going into, which they are released and we will want to stay on top of those. So, that's kinda of a laundry list of things we are working on and we are striving for the next 12-18 months.
Do you have any closing comments?
I think the biggest thing is to reiterate that GameZnFlix is no longer a startup business. Everything is in place for us to grow. We are adequately funded. Our internal infrastructure, both from capacity to shipping and receive is in great working order. Our IT infrastructure is at a point in time where we have more bandwidth and more capability especially with things we will be viewing at the website, from que one, is better than we have been with respect to web operatons. Marketing is qued up and ready to go. Our relationship with Circuit City and other relationships we are working on with marketing partners. Website sponsorships and other programs that we are looking at to help grow members, we are very excited about. Everything in essence, is ready for us to take off. We are retaining members better than ever before. We are growing at a rate better than we have ever before.
And it is now time to just "sit back," not necessarily sit back, that's the wrong term, but to manage the growth of the business. And we have to be very strategic The growth is managed in line with everything. the demand doesn't get ahead of supply we don't bring in an exsorbant amount of members that we can serve. Everything has to be done in line so we don't overextend ourselves. One thing about this business is that you have to be very very careful is we are constantly watching the demand. We are reordering customers are satisfied, our ship time to and from the customer are better than it has ever been. Our day one stock is better than we have ever been. We are serving the customer better than we have been because we are watching those things on a daily basis. And so if there is anything I am completely encouraged with the state of the business is just that, we are in growth mode.
GZFX is purely a play on near term news. Alot of information is on the table.
So forget trying to analyze with TA or from a fundamental perspective as it will not look good.
I was amazed at well it has held up considering the TA and fundamental analysis around the 10K.
It will explode before you can get in with the right news.
Do the dd as it is obviously high risk.
Keep an eye on it. Giant white candle before March, imho. A double is not out of the question with the string of positive news that can hit any day now.
And the news stretches beyond Circuit City.
It is my # 1 holding heading into the next few weeks. The bad news is already out. ;D
=========================================================
- Copied post from someone on another board.
A string of positive news is coming for GZFX.
The worst has come and GZFX price has sustained the 10k.
It actually held up much better than people expected.
Many buyers jumped in quickly.
It is now go time for GZFX shareholders based on the following information .
(decisive factor)
** Perhaps there are a couple of reasons for the early 10k (annual filing that historically came in March to April). Management got this out very early as requested. :=).
POSITIVE NEWS to recap (in no particular order)
* The New and improved website is confirmed to be here any time. It will come by QTR end which is only a few weeks away.
* Circuit City National Roll Out this Quarter
* The European Investor that paid $ 3,000,000.00 for recent shares at a 3 cent average may forecast International Expansion
* More Distribution Centers to Open
* VOD update
* Multiple Acquisitions of other industry players for inventory and strategic purposes
* The Giant Military deal
* Another PR updating the golf television partnership
* GZFX may partner or be purchased by Circuit City or equivalent
Always do your own dd. Stay Tuned !
This may be really big into March. Momentum, TA and a string of positive news. Great combination for a giant white candle soon.
Pump it up!
Pump up the jam
Technotronic!
Quote from: joozt on February 07, 2006, 09:30:03 AM
Pump it up!
Pump up the jam
Technotronic!
Heh. The "positive" news posted was legimate.
uh ohhhh Spaghetti-O's
stop holding and start flipping
too many other plays starting to come alive.
what do these guys do, would anyone mind telling me their actual market share for these videogame rentals? i would bet it's pathetic being near last in the industry
i dunno why i feel the need to bash gzfx again but eh, what the hell i would rather rent through gamefly
anyhow hehe check this out tho http://tinyurl.com/948rn ::)
Quote from: doyerdiligence on February 08, 2006, 01:35:45 AM
uh ohhhh Spaghetti-O's
stop holding and start flipping
too many other plays starting to come alive.
what do these guys do, would anyone mind telling me their actual market share for these videogame rentals? i would bet it's pathetic being near last in the industry
i dunno why i feel the need to bash gzfx again but eh, what the hell i would rather rent through gamefly
anyhow hehe check this out tho http://tinyurl.com/948rn ::)
No one is forcing you to purchase any shares. Fill_the_gap is merely posting information and his opinion, and the majority of it is pretty valid. GZFX will more than likely be a good play over the next few months. I feel the need to back him up here, mostly in part because I actually believe the same thing he does.
It's literally impossible to be "pumping" GZFX right now because there is no substantial reason to buy it immediately. The prospect, however, looks pretty good.
Doverdiligence, GZFX is the only company that does BOTH games and DVD's. Gamefly ONLY does games. So they will rate higher for games. GZFX is unique in that it costs much less to have BOTH games and DVD's with one membership. Circuit City obviously likes the concept. Please read the entire thread to learn about the company.
Calvin87, thank you for understanding the strategy and post history.
Again, this is not a pump. Merely presenting my research for the board.
I am not naive enough to think the message boards move the stock.
The trading philosophy I follow is much different than most people.
I get in before the move. There is a set time frame for each trade.
In this case, very short term, March 15th at the latest.
Pennies move on news and not always TA and fundamentals. And they are high risk.
Being a trader, I am in and out based on the trading plan. Just like HMSC today.
I have done more due diligence on gzfx than any company ever owned.
It was the first company I presented to David and Frederick(the first week that 3SOF opened for business). You can look back on my original posts to see the notes.
A year later, GZFX is well positioned, imo. The share count will be improved, but is the reason we are at .0076 today. It will move only on news.
The pros simply out weigh the cons near term. The cons are All on the table for now.
My concern, as posted below, was the annual 10K coming early.
It came and here we are. The stock has been hammered.
A perfect opportunity to buy low ahead of another large move.
There are a few reasons that the K was rushed to come early this year.
We shall see soon.
And also some reasons why a European Investor recently paid 3 cents per share for 100 million shares. This was an inflated purchase.
People have visited and also called Circuit City 22 pilot stores.
Pictures can be seen here inside of a recent Circuit City visit.
http://www.investorshub.com/boards/read_msg.asp?message_id=9262523
GZFX made a 300 plus Percent move on the last Circuit City news.
The Circuit City deal will be known in a matter of weeks.
The idea is that a string of positive news leads up to it.
Circuit City did more due diligence than we can imagine and has GZFX as a partner for now.
We can analyze TA, fundamentals, Game Fly, Netflix, etc. It is not that kind of play right now.
My short term bet remains a double or more from todays price with March 15th as the target date.
Confident enough to make GZFX my # 1 holding.
The money is made on the initial move up from here, imho.
Please understand what kind of trade this is before commenting.
believe me i know what type of play this is, that's why i don't invest my money here. maybe all this DD you are doing is just over analyzing in the long run. maybe you are just falling in love because it's now your #1 holding. ahwell, it's not like they are making any revenues, just a pilot program to sell the public some more of their shares
#trades : gzfx : 237 486 548 1507 1500 491 561 468 319 515 571 390 335 531 572 1560 1319 1319 1288 855 765 738 956 3805 1237 872 427 427 364 355 504 412 412 334 714 689 1205 827 917 907 1292 1502 589 748 1509 1291 1225 2505 3796 3205
GZFX.OB Average Volume:
3days: 68805740 -34.7%
10d: 105316684 +124.0%
30d: -25289779 +171.8%
90d: 18157732 +143.0%
180d: -7808499
looks like the public is also trading it less and less, decreasing number of trades per day and decreasing average volume
I have to side with Fill here. He does the hard work with phone calls and DD that many people don't. I would hope that everyone that plays the pennies realize how risky they are but I'm afraid that most just look at the riches you can gain and not the losses that can mount QUICKLY. That said, I would be hard pressed to find a penny that I would consider an investment and not a trade. Probably 90% or more of a penny's move is news based - and that is why I also believe that GZFX will be a mover in the coming weeks. Do I have any pretentions to GZFX being a long term investment. Hell no! As soon as it looks like it's done making it's move, I'm out and looking for the next stock ready to run.
I've applauded fill many times on his hard work and will continue to do so. Just remember to do your own DD. ;)
1. Profile
GamezNFlix, Inc (GZFX.OB). Formerly known as Point Group Holdings, Incorporated.. The Group's principal activity is to rental on-line DVDs and video games to it's subscribers. The Group provides a large selection of video game rental choices to its customers on a monthly subscription basis. The Customers can sign-up via the web page and get the games shipped to them through first class mail. The Distribution centers are located in a home-based office space in Franklin, Kentucky, with VeeGeeZ maintaining one location and a distribution center in a home-based office space in Santa Clarita, California. The Group operates solely in the United States.
2. Technical Analysis
2.1. Long Term Chart
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=14974;image)
GZFX had a huge run in 2003 and 2004. Since then it collapsed to prior levels. Penny stocks work a lot like this.
2.2. Medium Term Chart
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=14971;image)
The stock had another bullish streak in October and November, but since then it is trending down. If history is any guide it will come back down to previous levels around $0.0020 (it is trading at $0.0071 now).
2.3. Short Term Chart
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=14972;image)
With so many spikes (bad fills) it is hard to know which price was really traded and which wasn't. Anyway, this is an extremely volatile penny stock, with enough volume too (well it trades about $1,000,000 a day, enough for me to trade $1,000 ;D).
The problem is the stock is trending down. Usually penny stocks have a bull run from time to time (with years between them) and GZFX just had its run :-\
3. Fundamental Analysis
3.1. Number of Shares Outstanding
Unfortunately my fundamental data service doesn't cover GZFX. But reading their 10Q forms with the SEC I find that the company had 771,801,665 shares outstanding in March 28, 2005, 925,001,665 in June 30, 2005, 1,205,868,867 in September 30th and an outstanding 3,291,733,490 shares in December 31st :o
This tells me the company always sells shares in the open market when there is volume. And get this:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=14973;image)
3.2. Working Capital
I don't have data on this, but at the last 10Q report, the company had 7,504,741 in total assets and just 462,332 as total liabilities, so it may continue operations for, at least, some time.
3.3. Revenues
In the four 2005 quarters, revenues were: $161,773 on the 1st quarter, $243,982 on Q2, $130,607 on Q3 and $139,929 on Q4, for a total of $676,291 in 2005. Business doesn't seem to be growing lately.
3.4. Net income
In the four 2005 quarters, net income was: ($816,010) on the 1st quarter, ($844,689) in Q2, ($1,223,535) in Q3 and ($1,355,298) in Q4, for a total of ($4,239,532) in 2005. Net losses are going up :-\
4. General Overview
Unfortunately I think this company won't survive for long. Revenues may grow some, but in the long term technological advances will probably kill this business model. I think it would have been a great business some years ago, but now ... just think of these two factors killing any kind of video rental business:
1) Now we can download movies from the internet
2) DVD prices are coming down fast. It isn't all that much more expensive to buy a DVD movie than to rent one. Why rent if I can buy for almost similar prices? (prices may be similar in the future, if current trends continue).
This is why MOVI, BlockBuster, NetFlix and ultimately GZFX.OB shares are collapsing. These companies probably won't survive in the long run with current business models. Video movie rental business is probably dying.
So my recommendation is to avoid this group of companies, for as long as they keep their current business model.
Disclosure: David Randolph is not an analyst, he's a trader/investor who manages 3 public portfolios at www.3stocksonfire.org.
www.3stocksonfire.org is a portfolio management service (know about our premium service (http://www.3stocksonfire.org/_advantages.php)) and a community of stock traders and investors. If you want to join the 3 Stocks on Fire Community, so you can exchange trading strategies and stock picks with us, please register (http://www.3stocksonfire.org/trading/index.php?action=register) (it's free, and it only takes about 10 seconds).
Thank you for your interest :)
David,
Your comments from a short time ago. You titled the thread, GZFX- LOVE THE CONCEPT.
What has changed ? You confuse members at times.
Profile: GamezNFlix, Inc (GZFX.OB). Formerly known as Point Group Holdings, Incorporated.. The Group's principal activity is to rental on-line DVDs and video games to it's subscribers. The Group provides a large selection of video game rental choices to its customers on a monthly subscription basis. The Customers can sign-up via the web page and get the games shipped to them through first class mail. The Distribution centers are located in a home-based office space in Franklin, Kentucky, with VeeGeeZ maintaining one location and a distribution center in a home-based office space in Santa Clarita, California. The Group operates solely in the United States.
I've seen their website and concept: http://www.gameznflix.com/
Oh God, I just wish I lived in the US, you guys have everything there
The company already has revenues:
«The Company reported gross revenues of $243,982 and $405,755 for
the three and six months ended June 30, 2005 of which substantially
all of our gross revenues were derived from monthly subscription fees.
During the three and six months ended June 30, 2005, our subscriber
base averaged approximately 3,000 subscribers per month. »
Revenue growth from the first to the second quarter was about 50%. If the pace of subscriber growth continues at 3,000 per month (it may accelerate), their revenues would grow to about $4M in a year. With gross margins of 42% the company would have a gross profit of $1.68M.
It's current market cap is $7.59M.
A couple of weeks ago this news was out:
Circuit City to Offer GameZnFlix's Online Video Game and DVD Rental Program
I think subscriber growth for this company can go from arithmetic to exponential. The business model makes sense to me and not only to me, since they're already adding about 3,000 new subscribers per month.
The risk here is that recently they increased the number of authorized shares from 2 billion to 4 billion, and for now they have "just" 925 million shares issued and outstanding. But I see costs being diminished from the year ago levels, so maybe, just maybe, with increasing revenues they won't need to dilute the value of shares so much.
I believe in this company's business model. If I lived in the US I would be a subscriber.
So I'll buy 10% of the 3 Pennies on Fire Portfolio at tomorrow's open on GZFX.OB.
ouch even david giving it the kiss of death
Quote from: fill_the_gap on February 09, 2006, 11:02:27 AM
The risk here is that recently they increased the number of authorized shares from 2 billion to 4 billion, and for now they have "just" 925 million shares issued and outstanding. But I see costs being diminished from the year ago levels, so maybe, just maybe, with increasing revenues they won't need to dilute the value of shares so much.
are you high?
As of December 31, 2005, the Company had 3,291,733,490 shares of common stock issued and outstanding.
doyer,
i think the statement about 925k shares was cut/paste that fill did of David from the past...
sorry...925mill shares...thought that sounded low when i typed it...
Again, this is a trade. The worst possible news is factored in at this time.
Short term, a deal with Circuit City is worth much more than todays level.
You are missing the point looking at it as a long term investment.
I am a trader. And I think this will double from here before March 15th.
Limited downside as the Circuit City anticipation will give it support, imo.
GZFX is in much better shape (6 Million in Cash) than when it struck the deal with Circuit City. Circuit City is the # 2 USA retailer of electronics behind Best Buy. They have plenty of companies trying to get in with them. Ask yourselves why they chose to partner with GZFX if the company was in trouble.
Check back here into March. A string of positive news is about to hit.
This company is 110% further along than when it was 15 cents. Yes, more dilution, and that is why I say it is a great trade from here with a Short term target of March.
You will soon see why they filed the 10K early. And you will see why a Eurpoean Investor recently paid 3 cents per share. Sometimes you need to look beyond the numbers.
No need to comment further. Let it play out to March.
If I am wrong, I will gladly admit it. And I will wear the 3SOF T-Shirt everyday for a year. (wash it of course) ;D
David,
It is amazing how you completely changed views from your original writeup saying GZFX-LOVE THE CONCEPT.
Forget the stock, you raved about the concept. Now the concept is going to fail ?
True, Video On Demand is the next wave. The rental companies you listed will remain due to cost.
And they will adapt to the new VOD future. But VOD will cost alot per game or per movie. So the concept remains a valid business.
Who wants to pay for a game that may cost $ 60.00 to find out that they do not like it ?
This is the beauty of unlimited rentals. Or pay for a DVD and upload fee for each movie ? People are typically not watching movies on their PC's, so the transfer will have to take place. A cable provider cannot possibly pay licensing for every release at this time. And you saw firsthand what happened to a Previous 3SOF pick IFLB. It is too expensive for the copyrights.
But most people are not ready to download movies, burn them to a DVD and then view. It would cost much more than a $ 9.99 monthly unlimited to do it anyway.
And you also get into Copyright laws. It gets very expensive for the rights.
So VOD is much further in the future. GZFX is getting ready for it though.
And if this is all so obvious, why is Circuit City choosing to partner with little old GZFX ?
Press Release Source: GameZnFlix, Inc.
GameZnFlix, Inc. Signs Lease for Its Own Proprietary Channel to Be Broadcasted via Satellite
Tuesday January 17, 9:30 am ET
FRANKLIN, KY--(MARKET WIRE)--Jan 17, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVDs and video games for rent or purchase, plans to launch its own proprietary channel on IntelSat America 5, a satellite transponder aimed toward Ethnic, Christian, Military and other communities in the United States. The new video/movie channel -- a collaboration between GameZnFlix and Hit Media, LLC, a Florida-based marketing firm with roots in the satellite and video distribution industries -- will primarily serve as a marketing tool to millions of viewers in the U.S., Canada and the Caribbean.
ADVERTISEMENT
Flowers Jewelry Lingerie
Electronics Chocolate Game Consoles
The satellite delivery model -- provided by Pittsburgh International Telecommunications, Inc. -- will also serve as a GameZnFlix's download station to those same customers.
CEO John Fleming, GameZnFlix, Inc., stated, "This is the first step towards our company moving into the direct download to personal entertainment systems across the United States. We have been working closely with Pittsburgh International Telecommunications, Inc. and Hit Media, LLC over the past year on this project. We are pleased to make this announcement."
Al Stem, CEO, Pittsburgh International Telecommunications, Inc., added, "The timing of this service offering is good. Consumer demand, satellite technology and environmental economics all seem to be lining up favorably. Pittsburgh International Telecommunications, Inc. is excited to be a part of its launch. We're excited to be a part of this pioneering content-delivery innovation with both GameZnFlix and Hit Media."
GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Pittsburgh International Telecommunications, Inc. is a leading provider of direct-to-home broadcasting services for ethnic, religious, medical and business channels from around the world. Within this market, Pittsburgh International Telecommunications, Inc. delivers a wide range of programming that targets international communities in the U.S. and the Caribbean. These networks broadcast educational programs, news, sports and movies.
Pittsburgh International Telecommunications, Inc. continues to expand its scope of services to a growing customer base including, but not limited to, enterprise customers, major international telecommunications carriers, television networks, government agencies, and universities. Video Services include uplinking and downlinking to major networks such as ABC, CBS, CNN, ESPN, FOX, MSNBC and NBC as well as numerous individual stations and businesses. The Company provides voice and data services between the U.S. and a number of countries in South America, Europe and Africa.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
For further information regarding GameZnFlix, please contact GameZnFlix, Inc. corporate offices at 1 (888) 542-6817, or visit www.gameznflix.com. For further information regarding Pittsburgh International Telecommunications, Inc., visit www.pitcomm.com.
Contact:
Contact:
GameZnFlix, Inc.
1 (888) 542-6817
http://www.gameznflix.com
Pittsburgh International Telecommunications, Inc.
http://www.pitcomm.com
--------------------------------------------------------------------------------
Source: GameZnFlix, Inc.
That does seem odd that he mentions the different business models yet that Press Release says what it does.
well i been bashing all the way and i think GZFX is a terd so smite me to negative if you want!!!!!
Quote from: doyerdiligence on February 10, 2006, 01:18:08 AM
well i been bashing all the way and i think GZFX is a terd so smite me to negative if you want!!!!!
Dover,
3stocksonfire has worked hard to be different than other boards.
It is a forum for cordial discussion backed up with information.
A difference in opinion is certainly welcome, but please respect the members moving ahead.
This is not Raging Bull. Really not sure what purpose the comment above serves in the forum?
-Jeff-
really, it's not rb? are you sure?
actually i just said that because people are getting on david for flip flopping, so i just thought i would state that i have always hated this stock.
Let's stay objective.
I admit that I am still a fan of GameZnFlix. But my wife makes me trade according to the objective template. ;)
Looking at the chart, technicals don't look great. But as a short-term swing trader, I look for the bottom of a downward trend.
If GZFX rebounds towards March 15th announcement with Circuit City going nationwide and current sell indicators move to buy indicator column, I will be buying.
GameZnFlix as a company model looks promising in a very competitive world of DVD/game rental business, but there are hurdles to overcome and grow. March 15 is the next one, IMHO.
ya keep holding till march 15 while they keep peeling off shares
GameZnFlix Acquires DVDavenue, LLC
Friday February 10, 1:57 pm ET
FRANKLIN, KY--(MARKET WIRE)--Feb 10, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVDs and video games for rent or purchase, today announced it has acquired DVDavenue, LLC., an online provider of DVDs for rent, based near Washington D.C.
ADVERTISEMENT
Financial terms of the transaction were not disclosed.
"This is a great acquisition for GameZnFlix as this will result in increasing our membership base, acquiring thousands of titles and adding a new distribution facility," said Donald "Chip" Gallent, President of GameZnFlix.
"We feel that consolidation of the online DVD rental market is overdue and that becoming part of GameZnFlix offers our customers more value per rental dollar spent," said Richard Thomas, Managing Partner of DVDavenue, LLC.
As part of the transaction, existing DVDavenue customers will be transitioned over to GameZnFlix's service. The transition is slated to be completed within 30 to 60 days.
GameZnFlix Chairman and CEO John Fleming added, "As we grow our business model we will continue to look for acquisitions where there is a solid business fit. The DVDavenue acquisition met our requirements and the management of both companies see the benefits for members of both services."
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 40,000 games and movie titles. With different membership levels beginning at $8.99 a month subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Contact:
For further information, please contact GameZnFlix, Inc. corporate offices
at
1 (888) 542-6817
Source Website: http://www.gameznflix.com
chased it and bought some at .0082...lots of buys...hope it goes to at least .01
glta
GUESS DAVID RANDOLPH WAS WRONG!!!!!!!!!!!!!!!! >:D >:D >:D >:D >:D >:D
:D :D :D :D :D :D :D :D :D :D :D :D :D :D
(http://meanderings.typepad.com/meanderings/images/whoops.gif)
(http://www.midwestarchives.org/images/whoops.gif)
Quote from: Malum2006 on February 10, 2006, 10:04:40 PM
GUESS DAVID RANDOLPH WAS WRONG!!!!!!!!!!!!!!!! >:D >:D >:D >:D >:D >:D
:D :D :D :D :D :D :D :D :D :D :D :D :D :D
Careful, Malum. One good day does not a bull run make. ;) Nobody is right all of the time but I'm sure you can't boast an almost 200% gain to your portfolio in less than a year.
I can boast a 300% gain, in half a year....remember, first liar never stands a chance.... >:D >:D >:D
Quote from: Malum2006 on February 11, 2006, 01:56:42 AM
I can boast a 300% gain, in half a year....remember, first liar never stands a chance.... >:D >:D >:D
Oh yeah!? Well my portfolio is down 7% in 2006. Beat that.
Quote from: Malum2006 on February 11, 2006, 01:56:42 AM
I can boast a 300% gain, in half a year
Hmmm... How did I know you were going to say something like that....
At least with David, we can all be comforted by the fact that he doesn't boast any sort of grandiose track record, rub anything into anyone else's face or try to prove that he is right. You are lucky to find this board Malum. The people here are the real, genuine thing, here to help each other and learn. David above all. He will be the FIRST to admit when he is wrong or when his viewpoint doesn't apply to a certain situation anymore. His track record and results are there for anyone to see. He isn't a basher or a pumper, he is an educator and a student, a trader and an investor - the same that we all aspire to be. If you want to say I told you so, I suggest you take it somewhere that you will have company and an audience. Or I can let you hang out with my kids - I'm also trying to teach them to be more mature and respectful.
Quote from: Calvin87 on February 11, 2006, 03:00:41 AM
Oh yeah!? Well my portfolio is down 7% in 2006. Beat that.
LOL! :D Does this start the thread on one-upsmanship? ;)
Quote from: basonista on February 11, 2006, 06:50:16 AM
Quote from: Malum2006 on February 11, 2006, 01:56:42 AM
I can boast a 300% gain, in half a year
Hmmm... How did I know you were going to say something like that....
Because you set it up for that. Clearly I was being jocular and jokey with my pictures, and your inappropriately serious response earned you a mocking reply. That's how you knew, because you do this all the time, it's your personality.
Friday's chart.
DVDmarketplace.com Signs GameZnFlix Inc. as a Featured Merchant
Monday February 13, 9:25 am ET
VANCOUVER, BC--(MARKET WIRE)--Feb 13, 2006 -- Steve Gaspar, President of VMH VideoMovieHouse.com (OTC BB:VMHVF.OB - News), is pleased to announce that VMH VideoMovieHouse.com subsidiary http://dvdmarketplace.com, the company's new innovative on-line DVD marketplace, has added http://GameZnFlix.com (OTC BB:GZFX.OB - News), a seller/renter of DVDs and video games on the Internet, to its growing roster of on-line merchants. This strategic move allows GameZnFlix Inc. the opportunity to market its surplus inventory of previously viewed DVDs to the ever-expanding database of customers buying their DVDs at http://dvdmarketplace.com.
GameZnFlix Inc. brings previously viewed content to the DVDmarketplace.com community. DVDmarketplace.com intends to help GameZnFlix Inc. realize additional revenues by providing them with an effective on-line vehicle to sell their previously viewed DVDs.
According to Brian Holden, Marketing Director for http://dvdmarketplace.com: "DVDmarketplace.com recognizes the opportunities associated with bringing buyers/sellers together using its new proprietary third-party sales platform. Our goal is to create the premier DVD buyer/seller community on the Internet and allow DVDmarketplace.com customers the opportunity to buy products from an array of merchants who, as a whole, offer the widest selection of new/used DVDs. We intend to secure some of the largest new/used DVD vendors on the Internet today. Featuring merchants such as GameZnFlix Inc. is part of this long-term strategy."
Customer/Merchant update:
Anybody with a credit card looking to sell their new or used DVDs can simply register as a seller on the site and compete alongside http://dvdmarketplace.com's featured merchants. Buyers and sellers, large and small, looking to sell a DVD simply find the movie on the site by UPC or title. Then the seller simply clicks the red link on the movie cover "Sell yours here." Have a movie you are looking to sell? Sell it on DVDmarketplace.com.
Still watching. ;)
I still expect news to push this much higher very soon.
Just like the last time, momentum should certainly give it a boost as we close in on the Circuit City date. Alot of traders showed up and pushed it over 2 cents in January. The delay to March 15th killed the rally.
More dilution has taken place since then, but a double still remains my target into March. And much more should they get the AAFES military contract and Circuit City.
We shall soon see. There has to be a significant reason that they filed the annual report 2 months early. Historically, this has not been the case.
And do not forget that a European Investor paid an inflated price of 3 cents for 100 million shares. Who would spend 3 million dollars unless they knew something. Or perhaps there is more to the deal than we know at this time.
Stay tuned. I have bought as many shares here as possible. Very confident.
Circuit City gets $ 30.00 profit from each sale of GZFX.
This may have the highest profit margin of any item on the floor.
It is not uncommon for CC to take a loss on items. For instance, many games have such low margins that they work as a loss leader to get people in the store.
Based on the Profit potential (only cost is floor space to CC), Circuit City has no reason to cancel this deal. The fear is another delay. This is entirely up to Circuit City. But the deal will not be cancelled, imho.
The advantage to GZFX is that they are the only player doing BOTH games and movies.
btw, The AAFES military deal is alot bigger than the Circuit City deal.
I still hold a major position. The last delay came on January 5th. I may take some off before March 5th and then buy back right after should another delay not happen.
So much good news is ahead. And the website is expected within 2 weeks.
The tight trading range on low volume is awaiting news.
Still watching here.
The technicals are veeeery slowly improving. I will be watching closer as we approach March 15. ;)
On the move. ;D
Hey Fill,
tried to research the deal, but when they moved the national rollout from Jan15 to March 15, they also decreased the number of days for one or the other (GZFX or CC) to cancel...you remember how many days that was. I recall 10, but can't find any old news on it and i know i read it...
tia
I am not sure why it's up so much either, I can't find news anywhere : /
no, there's no current news that i've found, but (and that's a big butt), when they came out w/ the "extended" rollout time w/ circuit city back in Jan. they had stated that they were moving it to March 15, w/ a (now smaller) 10 day, in lieu of a 30 day, cancellatoin period. I'm just wondering if anyone remembers what that new time frame was changed to. I'm recalling 10 days. just wondering if anyone has 411.
rv
by the way, what is all this talk of "applaud" and "smite"....i read the rules, but i don't even know how to do it, and not that i'm interested in it, i'm just curious...i've never done either, but may smite myself for asking...
I am back in for the anticipation of March 15th news of Circuit City going nationwide with GameZnFlix.
rv, you have to have 50 posts before you can applaud (good post) or smilte (bad post). The applaud/smite buttons are on the left column, just below the rating number. ;)
ahhh, i'm getting close then....then, i will for sure smite me for asking....
good luck on gzfx...i want back in, but if it doesn't go thru, it will surely retract from here...
RV,
It is 10 days. That puts it on March 5th (Sunday). So either tomorrow or Monday.
Nice day today.
Fill,
that's what i was thinking, but i gotta admit, i took a huge huge hit on this, as i got scared and sold it way low...and i'm sitting here watching it creep back (cause i'm skeered). think i'd still like to see what happens tomorrow or monday first...but, hope i dont' wait too long ;D
GZFX is back at 0.01!! :)
Up 36% since this morning... anyone knows why? I haven't seem any news...
Livana,
It is anticipation for the Circuit City deal. Read all of my past posts to view what other news may also be coming. And a new website is due any day too.
But the AAFES military deal will be the largest deal of them all.
A trading frenzy will happen if they get the Circuit City 600 store deal. The rollout will happen over time. But an inked deal is worth alot.
GZFX will rise on momentum & not fundamentals as more people read the story.
But a Circuit City and AAFES deal would take them to profitability.
Traders love GZFX. They are flocking back in today.
Good luck, Jeff
Hi Guys,
DISCLAIMER DUE TO SOMEONE MAKING QUICK JUDGEMENT ON ME AS A PUMPER: I AM NOT SURE IF THE MESSAGE BELOW HOLD ANY WATER BUT HERE IS WHAT I READ FROM A YAHOO MB<<<<
Dear Members,
HERE IS WHY!!!!!!! Please, don't get this wrong, it is not meant to hype. Just do you all
a favor and look up all the Form 4s filed bei Circuit City today.
Among them Marc Sieger, Marketing Chief at CC, who is very close
friends with Mr. Phil Schoonover, who took over the captain's chair at
CC yesterday! Here is one link, but there much more filings:
http://www.shareholder.com/common/edgar/104599/104599-06-24/06-00.html
(lots of nice gifts to Schoonover's closest friends within Circuit
City)
Think what you want, yell at us, celebrate with us, no matter what: We
truly believe that we have a very clear indication that the roll-out
will be announced soon!
Congratulations to all the true GZFXlongs!!!
You all have a great day!
JJ and Team
everyone, please ignore this poster. this is the the guy that started the very yahoo message board that he speaks of reading this from. everyone on that message board is a pumper. again, please ignore anything from this poster. i know, as i was a member of that board for a short period, hoping that it would be something a bit more like this board. it is not, just an extension of the Circuit City message board on yahoo, but only pumpers are allowed to post.
Take this with a grain of salt but IHUb posters are saying that additional CC stores are carrying GZFX in Florida. If true, it wouild seem that the CC deal is going thru.
Quote from: fill_the_gap on February 15, 2006, 08:06:45 PM
I still expect news to push this much higher very soon.
Just like the last time, momentum should certainly give it a boost as we close in on the Circuit City date. Alot of traders showed up and pushed it over 2 cents in January. The delay to March 15th killed the rally.
More dilution has taken place since then, but a double still remains my target into March. And much more should they get the AAFES military contract and Circuit City.
We shall soon see. There has to be a significant reason that they filed the annual report 2 months early. Historically, this has not been the case.
And do not forget that a European Investor paid an inflated price of 3 cents for 100 million shares. Who would spend 3 million dollars unless they knew something. Or perhaps there is more to the deal than we know at this time.
Stay tuned. I have bought as many shares here as possible. Very confident.
My opinion is that the deal happens this time around. But the Agreement may be adjusted more towards internet and advertising than in store displays. We will have to see what they say.
My opinion is that Circuit City has no reason not to do the deal at this time.
Parlay this with a new website, AAFES, etc. and we could see another 200% from here on momentum alone, imho.
Of course, nothing is ever for sure. Do the dd to make a decision.
The direct Circuit City reports for GZFX were the same people that launched Netflix. They learned many lessons that will not be repeated this time around. This is all good.
Hi Guys,
I am not sure if it hold any water. Here is what I read from a Yahoo GZFX group:
Dear Members,
HERE IS WHY!!!!!!! Please, don't get this wrong, it is not meant to hype. Just do you all
a favor and look up all the Form 4s filed bei Circuit City today.
Among them Marc Sieger, Marketing Chief at CC, who is very close
friends with Mr. Phil Schoonover, who took over the captain's chair at
CC yesterday! Here is one link, but there much more filings:
These shares were sold, not bought.
Please be careful when posting such messages.
I was being sincere when i said ignore him....
This deal is also on the table. It is much larger than the Circuit City partnership.
John Fleming (CEO) says it is completed and awaiting a PR from the military.
http://www.aafes.com/pa/factsheet-2.pdf
Quote from: rv on March 02, 2006, 02:00:22 PM
everyone, please ignore this poster. this is the the guy that started the very yahoo message board that he speaks of reading this from. everyone on that message board is a pumper. again, please ignore anything from this poster. i know, as i was a member of that board for a short period, hoping that it would be something a bit more like this board. it is not, just an extension of the Circuit City message board on yahoo, but only pumpers are allowed to post.
For your information I said "I AM NOT SURE IF THIS HOLDS ANY WATER". What indication did you have to say that I started the Yahoo message board?
In fact, I am hated on that board and many had called me a basher for being realistic. I don't recommend anyone to buy GZFX at all.
Maybe RV you should read my previous posts before you make such claims. Also I notice that I had been smite. Which is ok. However, an eye for an eye apply in this case. A smite goes to you and I will do it again.
Unlike you, I don't invest in only ONE penny stock and get emotional about it. I don't whine and cry over my losses and be quick to judge others.
I challenge you to find a more concrete evidence or reason for your accusation.
WAYNE
Quote from: garym on March 02, 2006, 04:42:30 PM
Hi Guys,
I am not sure if it hold any water. Here is what I read from a Yahoo GZFX group:
Dear Members,
HERE IS WHY!!!!!!! Please, don't get this wrong, it is not meant to hype. Just do you all
a favor and look up all the Form 4s filed bei Circuit City today.
Among them Marc Sieger, Marketing Chief at CC, who is very close
friends with Mr. Phil Schoonover, who took over the captain's chair at
CC yesterday! Here is one link, but there much more filings:
These shares were sold, not bought.
Please be careful when posting such messages.
Thanks for the pointer and I wouldn't trust what is posted on IHUB in anyway. However, I do need assistance from the more experienced ones in interpreting such message.
I'm confused. What is the AAEFS deal? How is it related to GZFX?
Thanks,
Brandyjoco
Quote from: brandyjoco on March 02, 2006, 07:45:17 PM
I'm confused. What is the AAEFS deal? How is it related to GZFX?
Thanks,
Brandyjoco
I would like to answer you but I am afraid I may be accused for pumping the stock again. Sorry.
All smiles here. :D
Maybe we should change the title to "GZFX up 50% Today."
Quote from: LiveLife on March 02, 2006, 08:22:23 PM
All smiles here. :D
Maybe we should change the title to "GZFX up 50% Today."
LL,
Did you went back into this stock?
Hey........whoa guys (/gals..lol)............everyone here is surely over 21......this stock is a gamble...pure and simple....once (if) the momentum gets going over the next 4-5 days, then there will be plenty of time to get emotional....this has been like betting on a horse, or jai lai, or dogs...until we have a big concrete truck back up and dump....we have hopes...we have emotions, and we have dreams of taking out NetFlix.........I have made my bet...you have also.........let the deal run its course...and you pull the trigger when you feel you need to ... applaud those who win, respect those who lose............I admire you all.......... ;D
Brandyjoco,
AAFES is an international store for the military.
They get discounts at the store locations as well as online.
http://www.aafes.com/
GZFX is set to be a partner with AAFES.
This is huge. Look at the amount of locations.
Amazing exposure. And perfect target audience !
This will immediately bump the subscriber count.
John the CEO was in the military. He says the deal is done. Just a matter of the military releasing the Press on it.
Hope this helps. AAFES is much larger than the Circuit City deal. Both along with a new website will spring this stock way up, imo.
It is a nice time to be long on GZFX. Just beginning the run up, imo.
-Jeff-
Quote from: rurouni on March 02, 2006, 08:27:04 PM
Quote from: LiveLife on March 02, 2006, 08:22:23 PM
All smiles here. :D
Maybe we should change the title to "GZFX up 50% Today."
LL,
Did you went back into this stock?
Yes, I bought yesterday morning. (5th post from top)
http://www.3stocksonfire.org/trading/index.php?topic=2047.465
Running GZFX analysis at swing trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.435
85 million shares traded in 20 minutes. :o
Broke .0117 resistance. .013, .015, .021 next, imo with news.
Expect website news as early as Monday, imo.
Then Circuit City rollout and AAFES deal.
GZFX has done well on no news for weeks.
My guess is momentum pushes is up 200-300 % from here when this news is all said and done.
Many are on the sidelines waiting for Circuit City confirmation.
They will have to chase soon, imo.
Fill -- I do want to get excited about GZFX, but it's come back and bitten me in the you-know-what in the past few months. I know the deal is almost announced, but it's not yet. And last time they were supposed to do that (Jan 15th), it got dealyed and GZFX plunged down 50% and more
So let's see what happens first
agreed, and after Fill confirmed the 10 day cancellation period, it's not till Sunday that we will actually know for sure (more like Monday). But, it does look much more positive than it did when they pushed it from Jan 15. Maybe check your Sunday flyers for the GZFX tag in their to see if their still in it. That might be a hint, who knows. but, one thing is clear, if the deal was off, they certainly are waiting till the 11th hour to let anyone know. w/ that being said, unfortunately, I'll probably be a chaser.... :-\
Did someone just smite me because of my comment below?!? >:( ???
I haven't seen you post anything that deserves a smite so I'll give you the Applaud back (maybe at my own expense but that's ok). :)
i'll second that....
Ok, I did not complain in order to get sympathy applauds, but thank you rv and basonista for that!! I appreciate the gesture.. you're bothy getting the same in return ;)
It was confirmed on the phone that more Circuit City locations (including Florida) just received GZFX packets. This tells me that a cancellation is out of the question.
But do what makes you feel comfortable. A delay is always possible.
If I had to guess, it would be 95 % that the deal is on this time around.
It is trading exactly as I expected in my posts from a month ago.
And you need to understand how big the AAFES deal will be. It dwarfs the Circuit City deal.
The play is to get in before the gap up with a string of news, imo.
Everybody will click " buy " all at once sending GZFX soaring.
Being hesitant due to the past is understood. Do what is comfortable for you and never second guess the decision.
Good Luck.
I did just check the CC website, and the GZFX link is still on there. This being said, it would quite evil of CC to cancel after the close of the bell, or over the weekend. They would hurt even more investors than are already hurt. i still can't seem to bring myself to pull the trigger on buying back in just yet...
Looked like a little panic selling at the bell, w/out any news...but, imo, i think that no news, could be consrued as good news, considering that they haven't announced that they're not signing the deal. i still think it would be like kicking a dead horse, if they came out at the last minute and said, "no go".
They would not have shipped to new Circuit City locations in Florida this week if the deal was off.
Now a delay is possible, but not likely this time, imo.
Today was typical. After a big rise, the next day is historically down.
Consolidation will take place without news. So GZFX held up well considering.
Volume is really picking up. We just need some news to really take off.
Have a nice weekend. I am holding 100% of my shares with confidence.
GZFX isnt going above .014 anytime soon....so many bagholders left up there that want to get their money back and will sell to "get out even"
Short of a huge news release forget about it...
Like RHEO ($12 to $3.50 drop), GZFX may go through an "adjustment" period where "nervous" holders may sell off to head off any potential drop. RHEO rebounded and sold off briefly, but is back on the rebound. Today's GZFX activity is certainly understandable after the post Jan 15 drop.
Once the "nervousness" diminishes and Circuit City going nationwide with GameZnFlix is more certain, I believe the buyers will push the price back up. From what fill_the_gap has been posting, things are looking positive for GameZnFlix, in addition to CC going nationwide.
I am bought back in at $0.0093 range and I will hold out to allow for this "adjustment" period. If it rebounds, I will hold. If it approaches my buy point, I will sell.
automated response
John Fleming [
[email protected]]
Friday March 3rd 2006 I will be out of town on business to
Florida :o until Monday 6th. I will not be responding to emails during this time. If you email is important please resend it on Monday March 6th 2006.
Florida !!!!!!! :o
ironkiwi,
I believe CEO may be going to Florida to check out the possible new distribution center he talked about: (9th Q&A from top)
http://www.talknstocks.com/company_qna_view.aspx?id=66
If Florida Circuit City store is being added to the nationwide rollout, then he can kill two birds with one stone (trip)! ;)
More GameZnFlix news/events here:
http://www.talknstocks.com/company_profiles_view.aspx?id=66
Interesting point was raised on the Raging Bull MB of Circuit City having to delay rollout with GameZnFlix due to Microsoft XBOX360 having problems. Theory is that now that Microsoft addressed the XBOX360 problem issue, Circuit City is resuming nationwide rollout with GameZnFlix (When XBOX360 was first sold in November, Circuit City was selling them with GameZnFlix subscription as a "bundle"). Could be. I think CC/GZFX nationwide rollout was delayed to allow GameZnFlix to better establish their distribution network/process to handle the increase in volume when the nationwide rollout happens with Circuit City. IMHO
GameZnFlix website Q&A page had an update today when asked about Circuit City trial: http://www.gameznflix.com/support/issue_view.asp?ID=26378&CATE=2
"Everything with circuit city is going fine and we couldn't be happier. If you have any other questions that need answered all answered will appear on our web site. If an answer cannot be found it has not been released to the public and as soon as any information is known we will release a press release. Thank you.
[--- UPDATED: 3/4/2006 8:48:03 AM BY AGENT: CSindia ---]"
For what it's worth, the GZFX was in the CC flyer this weekend, and they're still on the website. And w/ the 10 cancellation period, I think this is positive news. Maybe someone will say something soon. Again, i think it was panic selling on Friday afternnoon, since the trial period would be over on Sunday....
just my .02 cents....
Yep, things are looking pretty strong around here -- only a few more days and we should be hearing some good news. Since the cancellation period is up, the worst possible scenario is another delay, but with all this information about Florida and elsewhere, it doesn't seem like that's the case.
I'm feeling very optimistic about GZFX over the next few weeks >:D
FYI: Over the weekend I tried to sign myself up for the "1-out-at-a-time" plan; couldn't get my CC billing info to work on their site because I use FireFox (just found the answer for this on the site's FAQ). Hopefully the timing of a new site rollout will come ahead of a wave of public interest...Yikes!
As for the concept, it would definitely work for my family, granted our demographic is a bit less common (rural setting, no satellite or cable TV). We have thoroughly enjoyed our Netflix service, but the ability to rent video games for my teenage sons would be a feature I'm personally interested in *adding* to our entertainment budget. I can see the potential for word-of-mouth advertising in a teen demographic to be dramatic in a region such as ours; and I suppose we are not that unique.
Best wishes,
Bohemian2k
well, watched level II a lot today, and it seemed ARCA was simply holding this thing in place today. i think that it is all up to any news at this point. which, i'm hoping comes sooner than later.
also, have read a few boards that have read the SEC K-8 a little differently than I did. stating, specifically, that the 10 day period is "upon" the cancellation of the pilot prog. i've read and re-read the 8-K, and I'm wondering if he/she has a point.
below is what he/she has posted: any thoughts?
"G. TERM; TERMINATION. Unless earlier terminated as provided herein, the term of this Agreement shall commence on the Effective Date and continue through the end of the Pilot Program on March 15, 2006. Notwithstanding anything to the contrary, Circuit City may terminate this Agreement upon ten (10) days' written notice to GNF."
This simply means the contract goes through March 15th. If CC decided on January 15th that this program was hurting them and wanted to end it, they would have to tell GZFX on that day and then 10 days later the contract would be voided.
That has ABSOLUTELY nothing to do with the March 15th date. "
Thsi could be reach new high after a positiv cc deal!!
rv,
Past history is indicative of future behavior.
They (Circuit City) extended the program on the 5th of January, taking it out to March 15th. The verbage can be taken many ways. But they did extend it exactly 10 days ahead the last time. That would have been March 5th this time. This would have been last Friday or today in my view.
Sure, they can probably cancel at any time. But why ? It is a Cash Cow for CC. And why did they not just extend it more than 2 months the last time ?
And then explain the new Circuit City locations in Florida beginning the program last week. Why do much more than the stated number of Pilot stores in the filing if it was not a go ? And why new Circuit City stores added as of last Friday ? They would be taking the displays down, not adding new locations. The Sunday Circular and online advertising also remains.
My opinion is that CC wanted the 10K early by GZFX showing company cash. CC wanted to see the DVDAvenue acquisition take place for more titles and another Distribution Center. And CC and GZFX wanted the new website (which I confirmed with Chip to be coming this quarter). It is important for CC to know that GZFX can handle the traffic.
Only a PR will tell the story. But I certainly like it more and more now that the 5th has come and gone. Many people remember the extension and are waiting to buy until concrete news.
The play for me is the immediate appreciation on the news. All of the people chasing the Price will make for an outstanding return, imo.
It is unbelievable how well the price has held on absolutely no news. Any news and we take off, imho. So many traders are waiting to pull the trigger on GZFX upon CC confirmation.
It is the perfect time to be long, imho, ahead of the news. This is how the pennies work.
Moving up over 50% the past few trading days on no news is powerful.
Imagine the immediate appreciation when something crosses the wire.
We will certainly see soon enough.
I remain 100 % invested in GZFX for the news. Do what makes you comfortable. But to answer your question, I would not worry about a cancellation based on the Florida events and the amount of straight Profit to Circuit City.
fill_the_gap, I agree. The Florida store being added only affirms that Circuit City cancelling the deal with GameZnFlix an unlikely event. If Circuit City was intending to cancel the deal, they would be scaling down the GameZnFlix display and reducing store locations, not expanding store locations and resuming print/online/store advertisements.
If you look at the intraday chart below, the early morning drop was followed by a strong recovery up to $0.0115, surpassing the opening pop of $0.0112. I attribute the afternoon drop to daytraders closing out trades followed by general market sentiment (look at the Dow/Nasdaq intraday chart and see the drops in the afternoon).
What's significant today is that GZFX remained positive all day without going below the opening price of $0.0102! 106 million shares traded in volume is healthy compared to the 3 month average of 35 million shares.
Of course, there are many that are holding their breath to see what will happen "this time around" but as fill_the_gap and many other posters on other MBs have pointed out, situation is different and GameZnFlix as a company is in much stronger position than before. The 50% rebounding gain with 424+ million shares traded last Thursday is very significant for me indicating that there is tremendous interest that will jump in once rebound indicators remain positive.
Today's gain will continue to improve the rebound indicators and ease the "nervousness or uncertainty" of GZFX. Since last year, GameZnFlix as a company has been working to improve market position and new pipelines such as on-demand download service. As fill_the_gap posted, we should consider "all" aspects of the company operations such as the deal with AAFES. As GameZnFlix market position grows stronger (their next PR should include subscription number increase), Circuit City deal may become gravy, and not the "only" deal for GameZnFlix.
LiveLife, Applaud for your work !!
Something interesting to consider from the 8-K.
Note the change in language from " Pilot " to " National Rollout ".
This may give more of a decision for the Agreement this time around.
-------------------------------------------------------------------------------------------------------
Form 8-K/A for GAMEZNFLIX INC
--------------------------------------------------------------------------------
5-Jan-2006
Entry into Material Agreement, Financial Statements and Exhibits
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 4, 2005, the Company entered into a Services Agreement with Circuit City Stores, Inc. (see Exhibit 10.1). Under the terms of this agreement, the parties will run a pilot program, to commence on November 1, 2005 and ending on January 15, 2006, in 17 retail stores and on the Circuit City website to promote the service offered by the Company. If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see Exhibit 99).
On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
EXHIBITS.
Exhibits included are set forth in the Exhibit Index pursuant to Item 601of Regulation S-B.
fill_the_gap, applaud for the nice eye! ;)
"Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout."
I would like to add a thought to the Florida store(s)....i kept hearing stories of the additional stores, and saw them listed on (another board). some were saying they had the gzfx in them, others saying they weren't, so yesterday i took the initiative to call them all, and they all do have them. if any of you would lke the store locations and tele numbers for yourself, i'd be happy to post them.
Fill, my initial post was to state that, yes, the wording could be interpreted in more than one way, and i had only interpreted as, prior to March 15th, they both had 10 days before to cancel the agreement. but after seeing the post from the other board, i can see how it could also mean either has the right to cancel on or before march 15th, and after that, have 10 days to cancel the program.
I took an initial hit on this stock, but bought back in after i saw that they had gotten thru the 10 days before, march 15th, stay of execution. i just hope i'm reading it right.
GameZnFlix website Q&A page has an update about Circuit City trial (soon to be "national rollout" ;) ): http://www.gameznflix.com/support/issue_view.asp?ID=26378&CATE=2
"Everything with circuit city is going fine and we couldn't be happier. If you have any other questions that need answered all answered will appear on our web site. If an answer cannot be found it has not been released to the public and as soon as any information is known we will release a press release. Thank you.
[--- UPDATED: 3/4/2006 8:48:03 AM BY AGENT: CSindia ---]"
If the CC deal is announced as expected (agreement for a National Rollout), at what price should I start to realize a profit. I have a dollar cost average of .0089 PPS.
I'm not trying to be a smart-alic, but are you not already showing a 25%-30% profit...?
Realize a profit - actually sell shares and not just hold a paper gain.
is it mid march yet? this next week is going to be tough waiting lol
One of the qualities that is nice about this pick is the fact that GZFX will have mass appeal. The theory is brilliant, reminding me of the likes of Sirius or XM. With the proper marketing and push from a reputable retailer this could certainly go mainstream. Good Luck Trading
watching a big sell off this morning, and i noticed ARCA isn't in there keeping the price steady. is everyone, as well as me, getting impatient w/ the roll out? just as i had regained my confidence in this co., i find myself standing in right field, slumped at the shoulders, kicking dirt piles again...very discouraging.
on another note, (call me bi-polar, if you will), i did take the liberty to call the 6 stores in Florida, that were not part of the pilot program, and they did all have GZFX in their stores. I'm not pumping that this is anything but what it is, i just took the liberty to follow up on an "internet" rumor. i would be happy to post these locations and ph. numbers, or send them p.m. if anyone would like them.
Thanks for following up on the rumor. I have a little GZFX (only $500). It's getting slammed today but so is everything else.
has anyone heard any kind of news....ever feel like "man, if i'd of waited, i could have bought for much cheaper?"
creeping down...jeez
Rv, I wouldn't worry too much. Remember what happened in the week before they announced the extension? It started gaining a lot of momentum because people began jumping in, so next week on Monday/Tuesday I'd wouldn't be surprised at all to see some nice gains.
I added more in today myself, adding 2/3rds more to my intial investment. Jumped in today at exactly one cent a share, we'll see where it goes from there >:D
NEW INTERVIEW GZFX
http://wallst.net/audio/audio.asp?symbol=GZFX&id=1832
Flanders,
Can you please post the summary of the interview. I have some problem with plug ins.
Thanks
Lalitha
Hang tight, imo.
We may begin moving up Friday. ;D
Alot of positive news on the table that can hit at any time.
Chip talks about the following milestones to look for in 2006:
Increased number of DC's (8-10)
International expansion into other english speaking countries (Canada, Australia, UK, etc.) He says they will do this through aquisition
More retail partnerships
"Digital delivery" and the ability to deliver games and movies by whatever medium the consumer wants (VOD, internet download, disc,etc)
Committment to HD DVD and Blue Ray, Playstation III on day of release
I believe those were the main points...
For what it's worth.....After doing a little DD on this Co., I find it rather strange that there have been so many planned sales from various insiders. I would think that they would hold out for the "big" day on the 15th. This plan has been in the works for some time and I think it is a major stepping stone for this co.. Why are they selling? I obtained this info from Yahoo finance. Another interesting detail is the lack of institional ownership. Out of 3.29 BILLION common shares outstanding GZFX has no institutional interest??
Perhaps I'm looking at this a little one sided. Can somebody explain any of this?
institutions dont own stock worth a penny.
Quote from: billyboy on March 10, 2006, 01:05:59 AM
For what it's worth.....After doing a little DD on this Co., I find it rather strange that there have been so many planned sales from various insiders. I would think that they would hold out for the "big" day on the 15th. This plan has been in the works for some time and I think it is a major stepping stone for this co.. Why are they selling? I obtained this info from Yahoo finance. Another interesting detail is the lack of institional ownership. Out of 3.29 BILLION common shares outstanding GZFX has no institutional interest??
Perhaps I'm looking at this a little one sided. Can somebody explain any of this?
I've gotta agree w/ godspeed, institutions dont' buy pennies, and if you hear or see otherwise, it's not a trading institution. that said, i'm curious of this insider selling. i looked at what you saw, and what i see is from March 15, 2005, there are about 18 planned sales from "insiders". from after they became GZFX and most of those are for a very small amount. and, most of those sales happened before the announcement of the Big Day. if you look at the bottom, Donald Gallent (aka Chip, no grown man should go by Chip, imho) bought $300,000 worth at .015. Hell, he bought hirer than i did. A lot of the big sales happened in early to mid 2004, now if that was happening right now, or since xmas, i'd be worried, and I doubt I'd be posting here, as I'm still currently a shareholder.
I'm hoping this all makes us a little scratch. a profit is a profit.
John and Chip run the company. They have not sold any shares. The sales were from those that left and those that had been paid in shares for services rendered.
Not a big deal at all. Focus only on John and Chip (CEO and President).
;D
A good day so far. :o
chart from dart
(http://img473.imageshack.us/img473/2650/gz1tw.png) (http://imageshack.us)
well, IF there is going to me a roll out, I, for one, would certainly love for them to get on w /the announcement...anyone else?
It would also be nice to "know" something. It's been very quiet in both camps.....eerie!!!
GZFX looking strong today.
Can anyone confirm the talk of a signed deal with TARGET to go along with Circuit City?
Other boards are discussing it.
Quote from: fill_the_gap on March 10, 2006, 08:51:42 PM
GZFX looking strong today.
Can anyone confirm the talk of a signed deal with TARGET to go along with Circuit City?
Other boards are discussing it.
If that actually happened I would probably cry out of sheer joy.
new chart from dart
(http://img92.imageshack.us/img92/8004/gz1be.png) (http://imageshack.us)
Alright fellows, Count me back in tomorrow morning >:D. Price action lookin nice as we're gettin close to an announcement. I lost 40% on DIET over the last 2 trading sessions. I look to get a quick 100% profit to make up for it if we have the positive news we're all hoping for.
Price action showing nice support around the 50 and 13 EMA's bouncing off of both of them on heavy volume to breakout of the bull flag. Technically GZFX is shaping up nicley again and has formed a potential G-pattern. Though in all truth, I don't give a shit about TA on GZFX right now. This is being powered by news and news alone.
Lets hope the news is in our favor ;)
Good luck fellows/ladies,
-fous
nice summarization, I am ready to rumble
cheers
Oliver
I am curious how you guys (and gals) feel about the mm manipulation that goes on in stocks such as GZFX. I have played GZFX before but see too much play from ARCA. As in other manipulated stocks, it seems when they want to start moving higher, the offending mm steps in to hold the price down. At what point does this stop? I'm sure it would take enormous volume to break an mm's grip on a stock like this but we certainly aren't seeing it in GZFX today.
Quote from: basonista on March 13, 2006, 11:14:07 AM
I am curious how you guys (and gals) feel about the mm manipulation that goes on in stocks such as GZFX. I have played GZFX before but see too much play from ARCA. As in other manipulated stocks, it seems when they want to start moving higher, the offending mm steps in to hold the price down. At what point does this stop? I'm sure it would take enormous volume to break an mm's grip on a stock like this but we certainly aren't seeing it in GZFX today.
actually, basonista, i was watching Level 2 this morning, because of the sell off, and watched ARCA taking it back down....it hit bottom and started slowly back up and ARCA set 2 huge asks in along the way, and it has broke thru it. I'm curious why it would w/ such low volume.
also, i noticed that GZFX wasn't in the CC weekly flyer in the sunday paper. they're still listed on the website and if you go to the GZFX site thru the CC link, it still has CC logo at the top, but i'm getting a little nervous, now, because of it not being in the flyer. plus, where is the new website they've been promising since the invention of soap? standing on a fence, right now....
so, am i the only one watching this anymore? no discussion on this? has just come down to, roll out, or no rollout? I'm starting to hate this stock, just due to my blood pressure....
rv, I'm still watching but I'm also trying to avoid penny stocks where there is heavy mm manipulation. I've read the movements correctly before only to watch an mm jump in during a nice move up to squash the advance. I usually end up losing on the deal but still watch to see if anything changes. CRGO is a perfect example. I believe it was last summer when Ramsburg identified it and some of us bought into a great run that seemed like it would go on for some time. The stock really had the signs of a big mover! Then an mm jumps in on the ask and well, the rest is history. The mm slowly but surely walked the stock down and we all ended up bailng at some point and CRGO continued it's fall until recently. At this point, GZFX may continue to move up but I won't buy into it until there is some seriously heavy volume - enough to make it difficult for ARCA to box it in like they have been. I figure once that happens there will be plenty of green to be made and I'll sleep better at night in the meantime. ;)
thanks for the reply, baronista, but too late, i already own it, as do a few on this board.
everything seems like a go, still. except the announcement........waiting impatiently.
rv - I bought in Friday and added some on a low point yesterday. Still in the green, but only slightly. fill_the_gap was banking on this one heavily. No update from him yesterday. Maybe just took a day off. Anyway, I think "waiting on the news" is an appropriate statement of the status. Need closure on the expectation of the CC deal announcement - due tomorrow, isn't it?
Quote from: twodachsie on March 14, 2006, 08:42:03 AM
due tomorrow, isn't it?
my understanding is, both parties have til tomorrow to cancel the pilot program. I'm not sure, w/ the wording in the 8-K of when and how they will proceed, if any, w/ the p.r. of the rollout, if there is one. I'm not pumping, by any means, but i did call those Florida stores and they had gzfx in their stores. My understanding is they weren't part of the pilot. And, both websites still, as of this morning early, have each others links on their sites. Also, I'm still a little perplexed on the wording of the 10 days for the rolllout. I do know that, if waiting til the last minute has been their plan all along, it's still in effect. (I"m still miffed about this new website, which they havent' revealed yet, and that was to be part of the March 15th deal).
I'm fairly, heavily invested as well, w/ 600k shares at just over a penny, i dont' need this think tanking anytime soon. It just touched my buy price yesterday and I seriously considered selling, and then trying to buy back in tomorrow. May still be my plan.
Good morning,
My opinion has not changed. There is so much news waiting to be released, imo.
This is the time that we have all been waiting for.
Many that got hit hard with the extension last time are on the sidelines waiting to click Buy with any news. They will have to chase a substantial gap up projecting the advance quickly. Vice versa, as the anxious gamblers that are in the game are ready to click Sell with an extension or cancellation. The classic duel.
The key points to consider:
- Circuit City gets $ 30.00 per GZFX subscriber. This is straight profit to them. Why would they cancel a deal that does not cost them anything other than avaliable shelf space?
- Circuit City launched and failed with Netflix around 2000. Some of the same people are directly involved. It is always best to be 2nd to build. They learned the first time around what not to do.
- The 10K was released 2 months in advance (historically, the end March-April) for them.
- A European investor was confirmed paying 3 cents per share at the end of October. (much higher than the trading price at the time) for 3 million worth of GZFX stock. Is there more to this deal than meets the eye ?
- Why would 6 new Circuit City stores Begin the GZFX program the past few weeks if a cancellation was in order ?
- The opinion is that the Circular is planned a few weeks in advance. Therefore, with the 15th as the target date for a decision, they had always agreed to take it out this week. Who knows. If it came down from the website I would worry, but not a Circular that it has come and gone from a few times before.
This is gambling in the purest form. Throw out the TA. News will make or break it short term for us.
My guess is up more than 200% immediately on some major news. And an extension or cancellation will drop it 50% as a guess.
This is exactly why pennies are deemed the "wild west". You have to love the stage that is set.
Place your bets. Now let's see the River Card.
everyone keeps talking about the mm manipulation. is there any actual proof to this? wouldnt the mm make money either way, letting it go up or down depending on the market forces? why would he choose to hold down runs? people talk about him like he's the evil satan creature Descartes described... just sitting there creating illusions for us to buy into. can someone that isnt overly cynical just explain to me in black in white why ARCA is doing this to GZFX, if at all?
thank you
News will quickly take care of any range that GZFX has recently traded in.
Until then, MM's keep all stocks in a trading range until an event changes the channel. Nothing different here.
Quote from: godspeed06 on March 14, 2006, 10:46:07 AM
everyone keeps talking about the mm manipulation. is there any actual proof to this? wouldnt the mm make money either way, letting it go up or down depending on the market forces? why would he choose to hold down runs? people talk about him like he's the evil satan creature Descartes described... just sitting there creating illusions for us to buy into. can someone that isnt overly cynical just explain to me in black in white why ARCA is doing this to GZFX, if at all?
thank you
this is my take on it, and only my take, ....but as far as what i see on Level 2, and what i've asked a few people as to what this ARCA is, the bid/ask on gzfx is based on a 5000 share block. and as the price rises and drops, the blocks from different brokers stays at 5000, but when ARCA popls on the radar, either as a bid, or ask, the number of shares that are put in to trade are sometimes as high as 999900, but can vary from that, all the way down to 25000. Now, lets say the price is headed up slowly and ARCA comes on the ask price of 80000 (which there is currently an ask by ARCA of 80000 @ .0107), if the price goes up to that, it will inevitably go back down a bit. I've also seen where ARCA, for instance will have a bid and an ask in the mix. As in the previous example, the ARCA bid will be @ .0102 and the ask @ .0107, the trading action will seldom get outta that range, til ARCA removes it trade. ARCA doesn't always keep the price at a certain point, but 95% of the time, i've seen it not exceed the ARCA bid/ask....and i honestly believe, imo, and in the case of gzfx, it's keeping the price right around where it is, so it can fill the orders on news, whether that be good or bad.....
just my .02
The most recent 8-k pertaining to the Pilot Program. Thereafter leaves the release of news date up in the air.
"Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout."
from the 8-k: If the pilot program is deemed a success by both parties, the parties will expand the pilot program to the remaining approximate 600 retail locations of Circuit City in the United States by adding 55 Circuit City stores per month. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
my understanding of this, means, that if everyone agrees that the pilot program, up to March 15th, was a go, then it will initiate the other stores, on a per month basis...
Attached is a press release issued in connection with this agreement (see Exhibit 99).
from the 8-k: On December 28, 2005, the parties entered into an amendment to the Services Agreement (see Exhibit 10.2). Under this amendment, the parties agreed to extend the pilot program until March 15, 2006. Thereafter, if the parties mutually agree that a national rollout of this program is mutually beneficial, they will enter into a definitive agreement for such national rollout.
accordingly, if they do deem to take it further, there IS NO TIME LIMIT on when they can go into that aggreement. But, once they do enter that agreement, they THEN have 10 days to notify the other.
I still say, that if we don't hear of a cancellation by March 15th, it's still good news, underlying good news, but good. at least they've completed the initial pilot program. but, they do not have to extend it into a national rollout, therefore, i think tomorrow is a minor date in the scheme of things and that this program is just going along until a national rollout press release comes, which by their own definition, could be at anytime after March 15th. Is this how everyone else reads this....looking for any comments.
yea, i went back this morning and read the 8-ks, and though they give specific time frames for cancellation, they dont give any timeframe for the roll out. though i would think its safe to assume that if we dont hear tomorrow that its cancelled then we'll know at some point it will happen. but i dont think we'll have to wait long. once they both agree it will be beneficial i dont see why they would give their competitors any free time, they'll get on it as soon as possible. im seeing netflix everytime i blink. they're all over facebook.com now. i and others have talked about trying to get onto facebook.com months ago. the site is a monster and this service is perfect for college students. im almost not as worried about this circuit city deal as gnfx just being able to make it under netflix's huge shadow. its already a homename. no one calls this service by "unlimited dvd rental by mail" or whatever, they say "netflix." gnfx needs to get its name out there FAST, and both CC and GNFX know this. we shouldnt have to wait long for the roll out to begin if it does. in fact, theyll probably want to go faster than the 55 stores a month as in the previous 8-k. i mean how many CCs are there in some states... that seems like maybe 3 states a month. thats nothing.
edit: check this out - http://www.alexa.com/data/details/traffic_details?&range=3m&size=medium&compare_sites=&y=p&url=www.gameznflix.com#top
thats one hell of a spike in page views... about 50% higher than its ever been. dont know exactly what that means, but it cant be bad.
I was just reading the original 8-K, and found in the Article A, The Pilot Program, Sec. 3...
3. Term of the Pilot Program. It is the intentions of the Parties that the Pilot Program shall commence on or about November 1, 2005, extend through the holiday season, and terminate on or about January 15, 2006. Thereafter, unless 30 days notice is given to the contrary, the national program will commence under the same terms and conditions contained herein and will be implemented on a phased-in basis over the following 12 months in all of the Retail Stores. It is anticipated that approximately 55 Circuit City stores, per month, will be added on the national rollout portion of the Agreement.
now, to read this, it says that on or about Jan 15th, w/out cancellation, then the rollout will commence, unless 30 days is given....
and now, the 8-k says that the date is march 15th, and the canellation period is 10 days. so if the ammendment is added in, it does start to sound like they will commence the rollout after march 15th, pending the cancellation on or about that date. and have only 10 days to cancel.
this sound about right?
alright Fill and Fous,
taking a beating in the early morning...any thoughts on at least there not being a cancellation of the Pilot Program....although, i suppose, we have a full day....
moving a distribution center to where most of the trial period CCs were... ;D
Quote from: rv on March 15, 2006, 09:49:43 AM
alright Fill and Fous,
taking a beating in the early morning...any thoughts on at least there not being a cancellation of the Pilot Program....although, i suppose, we have a full day....
I wish i could tell you something reassuring rv. But the truth is i can't. All we know is that that the pilot program was extended to end on the 15th along with adding 10 more stores totaling 27. CC and GNF already know what the decision is on the national rollout. All we can do is sit, wait, hope, and be ready to click that damn sell button in case of a crisis ;). They say the pilot ends on the 15th "thereafter" they will decide on the national rollout. I think they already know, but due to the wording i won't be surprised to see an announcement later this week and not today.
-fous
Agree with fousc,
Take some off the table if needed. We have no idea when news may come.
Remaining on the Circuit City site tonight is important too. Coming off of there just like the circular ad would be devastating to the price.
The reality is probably a heavy selloff today without CC news.
This is a frustrating company to trade.
i think the question is, sell today, take a small loss, and try to catch it if it goes national, which will be hard to catch, as we all know...
like you said though, if it's still on the CC site, i just can't see that as a bad sign...
Let's see if they remain on the CC site 12:01 tonight. :o
Bets are out. At this point, I will pay to see their cards.
my bet, it stays, and the price hovers here til news out either way....
(and geez, the ante got high!!)
It will not move until the actual news hits the wire.
And will trickle down until then, imo.
Aren't you guys concerned with this one?
I have a few shares left over from a sell order that didn't get completely filled.
But anticipated news doesn't seem to be on the horizon.
Clearly from web reporting everywhere, a nationwide CC deal has not happened.
AAFES--this turns out to be very little money even if completed.
Billions of shares as well. Seems the gamble is blip on news followed by inevitable decline?
When the deal with CC was first annouced, GZFX had a very nice run, and was up around 2.4 cents. So yeah, there will probably be an initial jump on news, with a sell-off, then a nice strong run. There's a ton of potential just lying around here, and from what I've been reading, it all looks really pretty good.
To me, GZFX no longer seems like a complete gamble. They've been progressing strongly, and from what was annouced (Distrubition centers in Texas, Florida, Washington, etc...), it seems like GZFX has a ton of growth potential here.
Yeah, we're kinda left hanging with this CC deal, because we really don't know what's going on, but I'm pretty sure that we're likely to hear news any day now. I have a gut feeling that whatever happens will be presented on Monday, and for now, I'm definitely sticking around.
3-16-06 Circuit City Update
Company quote, "Circuit City is just fine." Under the agreement, neither company can make any other statement unless done jointly.
Website Update 3-16-06
The new website for GNF will be released in the near future. The Beta Testing is just about done by the outside firm retained to review the site. However, it will not be released until management determines that the timing is correct with relation to other projects.
3-16-06 AAFES Update
The AAFES project is coming along and is in Beta Testing. Upon completion testing and with approval of AAFES there will be a public press release to announce the completion.
www.stockinformationsystems.com (http://www.stockinformationsystems.com)
Quote from: garym on March 16, 2006, 05:36:24 PM
Aren't you guys concerned with this one?
I have a few shares left over from a sell order that didn't get completely filled.
But anticipated news doesn't seem to be on the horizon.
Clearly from web reporting everywhere, a nationwide CC deal has not happened.
AAFES--this turns out to be very little money even if completed.
Billions of shares as well. Seems the gamble is blip on news followed by inevitable decline?
Every indicator I see suggests that CC is on the horizon. Not sure how you could "clearly" see it another way. The tone of your post sounds a bit like bashing and not the result of informed due diligence, so, I will forego further comment. I'm not sure, however, why you would continue holding any of your shares should you believe what you posted. I am holding my shares (a considerably large amount, I might add). Good luck.
Quote from: Stocksquire on March 17, 2006, 11:49:14 AM
Quote from: garym on March 16, 2006, 05:36:24 PM
Aren't you guys concerned with this one?
I have a few shares left over from a sell order that didn't get completely filled.
But anticipated news doesn't seem to be on the horizon.
Clearly from web reporting everywhere, a nationwide CC deal has not happened.
AAFES--this turns out to be very little money even if completed.
Billions of shares as well. Seems the gamble is blip on news followed by inevitable decline?
Every indicator I see suggests that CC is on the horizon. Not sure how you could "clearly" see it another way. The tone of your post sounds a bit like bashing and not the result of informed due diligence, so, I will forego further comment. I'm not sure, however, why you would continue holding any of your shares should you believe what you posted. I am holding my shares (a considerably large amount, I might add). Good luck.
I agree. Being a long-term shareholder of GZFX, I've been able to experience how they work as a company. Yes, the outstanding shares is very detrimental, but their fundamentals are very strong. Over the past months they've been growing (Which, I might add, is a very strong indicator of a good company), and from what I've seen and heard, the outlook looks promising as a whole.
GZFX takes patience, at least in my opinion, mostly because they're not 100% predictable. The time will come, and until then, we can just wait and see.
I did a little looking around on some other forums and managed to come up with this bad boy:
http://www.gameznflix.com/default1.asp
Apparently from what I've read this is the layout for their new website. Obviously, it's not fully completed (A few of the images aren't displaying), but it definitely looks nice and it's pretty damn good compared to the current one.
So the website looks up and running, there just has to be some fine tuning involved. Needless to say, I'm pretty impressed. My new guess is that any further deals with CC will be annouced when they officially set the page above as the homepage.
Looks sweet. ;D
Calvin-
That says 15,000 titles and we have 40,000 range. And it also says 2003.
Although we want Circuit City press, the AAFES deal is much bigger for GZFX.
It would be great to get them all.
Still holding a full position until a material event.
It has held up very well as a penny stock with no news.
We will see. But I certainly will not be left out on any news.
Only takes one day to make the year for GZFX. And I am not in the business of chasing stocks. Feeling very good about holding GZFX ahead of news.
Im not sure if this is something that they change every so often or not as i don't check up on the GZFX homepage very often but have the past few days.
Yesterday i took a snapshot of the GZFX home page and it had the banner at the top stating GZFX and CC are team up to deliver movies blah blah.
Now i look this morning and it shows the military promotion.
The link to GZFX is still at the CC site. Does anyone know if the top promotion banner on the GZFX homepage is changed frequently between the military promotion and CC partnership?
Thanks,
-fous
Nevermind, i just checked back again. It changes every 5-10 minutes or so :)
Quote from: fous on March 21, 2006, 09:11:52 AM
Im not sure if this is something that they change every so often or not as i don't check up on the GZFX homepage very often but have the past few days.
Yesterday i took a snapshot of the GZFX home page and it had the banner at the top stating GZFX and CC are team up to deliver movies blah blah.
Now i look this morning and it shows the military promotion.
The link to GZFX is still at the CC site. Does anyone know if the top promotion banner on the GZFX homepage is changed frequently between the military promotion and CC partnership?
Thanks,
-fous
If you enter through the CC site, it gives the GZFX and CC are teaming...etc. And if you enter from GZFX site, it shows the military heading. It depends on which wy you access the site.
Hope this helps.
A heads up for the board. Some people are saying DVD Avenue deal did not happen. You can call DVD Avenue to verify. The lady will tell you.
1-800-990-4159
No press has been released on this. Not sure what it will do to the price if released ? >:(
GameZnFlix, Inc. Opens Distribution Center in Maryland and Cancels Purchase Agreement With DVDAvenue
Internet Wire via COMTEX
Mar 21, 2006 9:51:57 AM
FRANKLIN, KY, Mar 21, 2006 (MARKET WIRE via COMTEX) --
GameZnFlix, Inc. (OTC BB: GZFX), an online provider of video game and DVD movies for rent or purchase, is opening a new distribution center in Maryland after cancelling agreement to purchase DVDAvenue.
John Fleming, CEO of GameZnFlix, Inc. stated: "We will be opening a new distribution center in Maryland to replace the one that would have been part of the acquisition of DVDAvenue. We choose to cancel our agreement to purchase DVDAvenue after further discussions with their management regarding the make up of its customer base. We felt that there was not a good fit between the two companies."
President Donald "Chip" Gallent stated: "The Maryland center will meet shipping requirements for our members in the mid-Atlantic states. Our business plan calls for further expansion into Florida, Texas, Washington and other locations throughout 2006."
got the alert on the DVD Ave deal, and checked the price....dont' know if this is what is playing a part, but it is creeping down this morning...
Yeah, I wasn't sure if some of the images were outdated or what -- that was some of the discussion on the other site. To be honest, I purchased right after everything started rolling for GZFX, so this could be a variation of the old website.
I don't understand though, because it looks a lot better than the current one. And if it's old, I'm not sure why it's still even an accessible link :P
Quote from: fill_the_gap on March 20, 2006, 11:16:08 PM
Calvin-
That says 15,000 titles and we have 40,000 range. And it also says 2003.
Although we want Circuit City press, the AAFES deal is much bigger for GZFX.
It would be great to get them all.
Still holding a full position until a material event.
It has held up very well as a penny stock with no news.
We will see. But I certainly will not be left out on any news.
Only takes one day to make the year for GZFX. And I am not in the business of chasing stocks. Feeling very good about holding GZFX ahead of news.
sorry guys, but I was one of the many dumpers this morning....i'll continue to watch gzfx, but i'm starting to really question the CC deal...although, it's still on the site and there still hasn't been any news...but i'm wondering if they dropped the DVD Ave deal, cause they couldn't secure the financing to buy it out, after what ever is going on at GZFX, is going on.
The deal was never good for GZFX. They should not have ever considered it. DVD Avenue is mainly an adult movie company. So better for the books that we did not spend any money on them.
Update on this possibly "new homepage" for everyone:
http://www.gameznflix.com/default1.asp
I was just digging around for information yesterday, and I was looking through other message boards. (I can't remember the name of the one I nabbed it off of, and stupid me for not bookmarking it) But anyways, apparently from what others said, the webpage above was actually up as the default page for GZFX for a short period of time on March 15th.
While the layout certainly looks better there's a few oddities thrown in there (2003 copyright, only 15,000 titles, etc...). However, the titles they are offering are very new. Both the Harry Potter and Burnout Revenge (XBOX 360 version) were just released in early March.
Obviously this isn't definite information, but by the looks of things, it very well could be. Like GZFX said, they aren't fully finished testing the site, and they could have put the images in as filler for the beta testers.
If they can present some quality news, GZFX will skyrocket, imo. So many people have it high on the radar and are waiting for any news to buy in. The key is that this time around many are waiting for the news.
I realize noone watching this stock, needs me to point this out...but what's w/ the big drop going on right now...am i missing something?
well, i think the selloff is due to this scare....
http://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=435314&CorpName=GAMEZNFLIX%2c+INC
25Billion shares? please tell me this isn't true....
RX,
Unable to access the link....says it is secure and cannot locate any current filings or news...anyone else ??
Just put an "s" after the http and you will get to it.
Very interesting link. Any comments from our fundamental guru? ???
fill_the_gap what is your opinion - is it the end of expectations?
Good luck to all..... today is a hard day IMO
Quote from: RJ on March 22, 2006, 02:23:48 PM
RX,
Unable to access the link....says it is secure and cannot locate any current filings or news...anyone else ??
y, sorry about that, i took the "s" out, thinking that it was put in, on another board, to make it look unlegit....
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?CorpID=435314&CorpName=GAMEZNFLIX%2c+INC
HI
THe shares not for sell(right now!!!)
QuoteCEO UPDATE:
3-21-06 Authorized Common Shares
Question: What the current Authorized Common Shares for the company?
Answer: As of 3-21-06 the Authorized Common Shares was increased from 4,000,000,000 to 25,000,000,000. These shares have not been Issued merely made available if they are ever needed.
http://www.investopedia.com/articles/basics/03/030703.asp
May go more down because not everybody see THE difference
I'm holding till YES or NO on CC deal
lana
Quote from: lana2b on March 22, 2006, 02:47:15 PM
HI
THe shares not for sell(right now!!!)
QuoteCEO UPDATE:
3-21-06 Authorized Common Shares
Question: What the current Authorized Common Shares for the company?
Answer: As of 3-21-06 the Authorized Common Shares was increased from 4,000,000,000 to 25,000,000,000. These shares have not been Issued merely made available if they are ever needed.
http://www.investopedia.com/articles/basics/03/030703.asp
May go more down because not everybody see THE difference
I'm holding till YES or NO on CC deal
lana
I think people are selling because they know that most likely these new shares will be sold at some point. That is the track record of this company and I can't see them letting 21 billion shares sit in the bank when they have continued to dilute the share base pretty much every chance they get. I posted before that management couldn't care less about shareholder value - they are doing what they think best to grow their company. I just hope that they are wise enough to start buying back shares when they can afford it.
I'm not very happy about what happened today, even I'm on the verge of just dropping GZFX. I really like the fact that they're growing - the company does have good fundamentals, and likely a good future, but the true fact is that investors ARE getting slammed here. We're kinda left in the dark, and 21 billion shares to possibly add is one hell of a lot more than 4 billion we already have. I'm holding for now, but if they start to dilute more shares I'm getting out.
Quote from: gri64 on March 22, 2006, 02:35:04 PM
Very interesting link. Any comments from our fundamental guru? ???
fill_the_gap what is your opinion - is it the end of expectations?
Good luck to all..... today is a hard day IMO
I just got in as we have family in town. Not happy is an understatement.
Here is the deal,imo.
Management was supposed to release news of a deal before this Nevada filing was discovered. News will come now and the appreciation will obviously be hindered.
Management screwed up big time. Now news of a deal will come with CC, imo.
Terrible day. Family is still here so posts will be limited due to being away.
Good rebound today, I'm glad that people are still interested ;D
To be honest, I was pretty worried coming in today, but the buyers came back in force, and did some damage control.
We're all still waiting on the CC deal, hopefully we'll get that sometime next week.
GLTA!
TADA... Finally... ;D ;D I can't wait to see Monday's action
GameZnFlix Movie and Game Rental Service to Be Rolled Out Nationwide in Circuit City Stores
Friday March 24, 4:15 pm ET
FRANKLIN, KY--(MARKET WIRE)--Mar 24, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVD movies and video games for rent or purchase, today announced a definitive co-marketing agreement with Circuit City Stores, Inc.
In the fourth calendar quarter of 2005, the two companies tested offering the GameZnFlix services at a limited number of Circuit City Superstores and online at circuitcity.com. After concluding the tests, the services will now be expanded to include Circuit City Superstores across the United States and will continue to be available nationwide on Circuit City's website.
"We want to offer a variety of products and services to our customers and the GameZnFlix's program allows our customers to experience the convenience of renting both movies and games through the mail," said Bill Cimino, director of corporate communications for Circuit City.
The agreement calls for a rollout of GameZnFlix's service by offering prepaid service cards at each of Circuit City's Superstores. The agreement calls for adding between 45 and 110 locations each month until full deployment is reached prior to the 2006 holiday season. Financial terms of the agreement are not being disclosed.
"This relationship is a win-win for both companies," said John Fleming, chairman and chief executive officer of GameZnFlix, Inc. "Circuit City continues to prove to be one of the top destinations for movie-lovers and video gamers alike and by co-marketing with GameZnFlix, Circuit City can continue to fulfill its customers' needs by adding our rental services to its product line."
so, now that i'm out (dammit), i wonder what it's going to take to get back in...?
rv -- seeing how PRs have been affecting the movement of that stock, I wouldn't be too surprise if nothing happened on Monday...
Livana, I really hope you're right, but, this is the PR of all PR's, this is the one that they've been waiting on. i would truly be shocked if it doesn't open above .02 on monday....and, if you can believe it, i sold on the 21st....man, if that's just not a kick in the gut...
so now that it happened... why a friday after close at 4:15?
Yeeeeeeeeee hah! finally the day we've been waiting for.
Quote from: godspeed06 on March 24, 2006, 05:59:14 PM
so now that it happened... why a friday after close at 4:15?
This may be a good thing mr speed because it will grab the attention of a lot of people over the weekend, friends will tell friends etc. So a huge run on monday should be expected.
-fous
yea, thats what i was thinking. hopefully everyone and their mother will be spreading the word about gzfx. open at 0.025 YESSSSSSSSSSS! now i just need to figure out if im gonna sell and buy in on the retracement or just f it and let it roll for a few more months. im still a little worried about the dilution that will happen, but its necessary til they have actual cashflow. and people keep talking about how a R/S will drop the price, but im not exactly sure why everyone is so scared of that though. hmmm.... decisions decisions.
Fill,
GZFX resistance 0.013, 0.015, 0.021, correct?...if open above 0.02 on Monday, what would you expect after that? What's your exit and/or rebuy strategy? or what indicators would you use to help you exit?
Thanks.
dcrlin
IF this doesnt reach 5 cents by next friday. Then the OTC is a real scam. This is HUGE NEWS.
Fill...........congratulations.......(yes.I will ride the train also....... ;D )
Are we sincerely believing that the company won't dump billions of those 25 billion shares into the run up?
Who are we kidding? This guy isnt going to let us get rich.
YYYYYYYYYYYEEEEEEEEEEEEEEESSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!
;D
gonna be a helluva weekend... GNBT, VPHM and now GZFX all gonna pop - Monday is gonna be like Christmas morning for us big people :-)
Thanks go to folks on 3SF - you have seen me at my very greenest and provide a great place to learn without intimidation.
Have a great weekend all!
bohemian2k
hahahaha, looks like somebody sold... poor poor MALUM :'( .
why dont you just leave us alone ok?
Finally :D
All in all, I'm a lot happier than I was two days ago, hah.
Monday should be a very exciting day, I'm very interested to see how things go from here >:D
Quote from: godspeed06 on March 25, 2006, 12:44:44 AM
hahahaha, looks like somebody sold... poor poor MALUM :'( .
why dont you just leave us alone ok?
I didnt sell. I had no reason to sell, it went down.
I mean this:
Are we sincerely believing that the company won't dump billions of those 25 billion shares into the run up?
Who are we kidding? This guy isnt going to let us get rich.
That's why I wrote it.
yea, nobody cares what you mean. youre posting this stuff all over the net. leave this board alone, its not meant for that. yes, you can introduce negative information if factual and relevant. you on the other hand are just trying to introduce fear. say something constructive or leave.
The Circuit City news is the type of news that can run this penny stock up 500 to 1000% in one day! I have a small holding that could turn into a large holding. I'm "chomping at the bit".
What makes matters worse{if you want to call it worse} I won't be able to be at my computer for the trading day! I have to be at work. I placed a limit order to sell @ .034 after my buy order @ .0104 was filled. Scottrade won't allow me to increase my limit order.
I'll still be a "happy trader" if it reaches .034, No complaints whatsoever.
For everyone holding on this board, I hope this turns out to be a ten bagger. YOU DESERVE IT!!
This messageboard thread supplied me the info to make a decision to buy GZFX.
Thanks to all
Monday will be http://www.rallymonkey.com/oldvideo.php for GZFX
Yesss! Applaud and a lot of thanks to fill_the_gap :D
Unfortunately I hold only 1/3 of my standard position - 2/3 was sold after last dilution news. :'(
I'm not an expert in daytrading on such HOT news (I only know, that I can perform maximum 3 daytrades in 5 days).
Who can suggest any daytrade strategy for GZFX on Monday? ???
Maximum 3 trades on 1 day.
Who has an idea when GZFX management will sell 25 billion new shares, in other words, how long will be possible to play with GZFX?
Thanks in advance, and good luck to all 3SOF community ;D
some think the shares will be issued soon into this strength so they can obviously get the most for their shares, others think it might just be in case of a hostile takeover attempt.
If the company sells any of those 25billion shares and the money goes into the company's coffers for future use, aquisitions,or purchase of movies,games, it is NOT dilution.The company's net value will increase by the same amount as the value of stock sold. don't care how much stock they sell as long as the proceeds are used intelligently by the company.
Made my = BUY GZFX = post at Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg53450#msg53450
The much anticipated nationwide rollout news with Circuit City!
http://biz.yahoo.com/iw/060324/0114566.html
Future Contacts with milatary bx's and px's should make this stock move ;D ;D
Quote from: john b mcginnis on March 25, 2006, 09:24:38 AM
Monday will be http://www.rallymonkey.com/oldvideo.php for GZFX
Lol i got a real kick out of the rally monkey john.
Im still debating on how to trade GZFX as many of you are as well. The 25 billion is definatley something we should all look out for. I know we are all looking to make some big green on monday for those of us that are holding already :) The big question is how do we trade this in anticipation to the 25 billion shares ready on the spot to be diluted. A run up for this week could turn into a big pump and dump due to the fact that those shares might be issued. Maybe they won't be issued who knows. Im really disapointed with the fact that GZFX made that announcement a few days prior to the announcement of the CC deal going national which probably hindered the amount of money we could have made. The news of the 25 billion has made alot of people nervous(myself included) and im scepticle about seeing this being more than a day trade as people are ranting and raving all over the message boards about how the stock is going to tank or about how its going to hit .10 by friday. I don't much pay attention to the bull shit other people have to say about pumping and trashing stocks on other message boards but these are the people we are dealing with who trade these stocks so we need to be cautious, GZFX is likley to be very volitile next week. My plan right now is to ride the first wave up, sell half and lock in some profits and let the rest run hoping to not see some dilution. My plan may change, when GZFX first announced the deal with CC PPS shot up 468% in one day. Id be happy with selling for a 468% gain in one day :)
Monday awaits, good luck everyone :)
-fous
Quote from: gri64 on March 25, 2006, 01:20:16 PM
Yesss! Applaud and a lot of thanks to fill_the_gap :D
Unfortunately I hold only 1/3 of my standard position - 2/3 was sold after last dilution news. :'(
I'm not an expert in daytrading on such HOT news (I only know, that I can perform maximum 3 daytrades in 5 days).
Who can suggest any daytrade strategy for GZFX on Monday? ???
Maximum 3 trades on 1 day.
Who has an idea when GZFX management will sell 25 billion new shares, in other words, how long will be possible to play with GZFX?
Thanks in advance, and good luck to all 3SOF community ;D
Finally !! After months of typing on the thread, it has arrived. More short term news about the website, AAFES (much, much bigger than Circuit City) and more retail partnerships, imo.
I will sell some but let alot ride as more people get the CC news. The volume should allow alot of traders to come on the scene. It is really difficult to map out a plan for trading tomorrow. It is sure exciting to wait this long and have the news hit.
Congratulations to those that stuck with it ! ;)
Quote
Lol i got a real kick out of the rally monkey john.
Quote
You can't listen to the monkey very long, it becomes annoying! I found it on one of them "pump and dump" Yahoo message boards
Finally !! After months of typing on the thread, it has arrived. More short term news about the website, AAFES (much, much bigger than Circuit City) and more retail partnerships, imo.
I will sell some but let alot ride as more people get the CC news. The volume should allow alot of traders to come on the scene. It is really difficult to map out a plan for trading tomorrow. It is sure exciting to wait this long and have the news hit.
Congratulations to those that stuck with it ! ;)
Quote
Fill, what's your trading plan for Monday or coming weeks or even months? Thanks.
dcrlin
dcrlin,
It is tough to tell at this point.
My thought is that more positive news is coming. The website due this week according to the President and CEO. The military and other retail deals are also on the table.
So, I will trade it yet never sell all my shares.
The new shares are only authorized per a Nevada filing, not the SEC yet. So we could make a nice run.
The guess is that momentum builds tomorrow and many people sell out before the close. So I will play it by ear after I see what we open at.
Currently following GZFX on the berlin exchange to get an idea on what we can expect monday morning. PPS currently up 71%.
Link: http://www.berlinerboerse.de/index.html?LANG=en&debug=
GZFX ticker: A0BMGL (thats a zero after the A in the ticker.
-fous
fous & others,
How do you think the trading will go ?
Pop and retrace, open or build all day ?
Thoughts on a plan for trading today...
Fill, I applaud you....now, that i've sold, 3 days too early, I'm wondering how in the hell i'm going to get back in for a quickie....or do i wait to see if it gets to .025 and falls back, due to heavy resistance from Nov.? and, Fous, feel free to reply as well ;D
Quote from: fill_the_gap on March 27, 2006, 08:33:58 AM
fous & others,
How do you think the trading will go ?
Pop and retrace, open or build all day ?
Thoughts on a plan for trading today...
I would definately say a "pop" since the news was released on friday and everyone had a chance to look at it... It will likely be a pop, short sell off then building the rest of the day - IMO >:D
Rv,
Your guess is as good as mine.
Perhaps buying on a small retrace may work when we get one today.
Very nice pre-market action. Already at $0.0148!
I also posted the link to this MB at Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.new#new
Form 8-K for GAMEZNFLIX INC
http://finance.yahoo.com/q?s=GZFX.OB
27-Mar-2006
Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or Byla
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On March 22, 2006, the Company entered into a definitive Co- Marketing Agreement with Circuit City Stores, Inc. (see Exhibit 10). In the fourth calendar quarter of 2005, the two companies tested offering the GameZnFlix services at a limited number of Circuit City Superstores and online at circuitcity.com. After concluding the tests, the services will now be expanded under the Co-Marketing Agreement to include Circuit City Superstores across the United States and will continue to be available nationwide on Circuit City's website. The agreement calls for adding locations each month until full deployment is reached prior to the 2006 holiday season.
The agreement calls for a nationwide rollout of GameZnFlix's service by offering prepaid service cards at each of Circuit City's retail stores. Under the terms of this agreement, the parties will share in the revenue from the sale of Company memberships through Circuit City.
Attached is a press release issued in connection with this agreement (see Exhibit 99).
Quote from: calven on March 27, 2006, 09:12:56 AM
I would definately say a "pop" since the news was released on friday and everyone had a chance to look at it... It will likely be a pop, short sell off then building the rest of the day - IMO >:D
I agree with Cal. Price up 70% premarket on only 450k shares currently and theres gonna be a big load of buying at the open to shoot this up higher. As well i definatley think there will be some profit taking after this first run up but i believe people will be buying on an intraday dip who couldn't get in early this morning. Im probably not planning on unloading any of my shares today. We'll see how it goes, i'll update before the close.
Good luck everyone :)
-fous
Been waiting a few months for this day ... all I can say is ... FINALLY!
Sold 3/8ths of my position at 2 cents a share for 100% profits, it topped out shortly after that. There's a pullback going on right now, but I wouldn't be surprised to see it spike up again during the day. GZFX still up well over 90% for the day, an excellent day for those who held onto the stock.
There was also an 8-K filed as well, which just reiterates the deal with CC and the possible increase of the outstanding shares to 25,000,000,000.
-- Ouch! I just checked the price again, it's falling almost towards the day's open. Still up 85% though, expect a jump again soon.
GLTA!
Great day !
I sold out near 2 cents and am buying again right here .016's.
Website should come this week according to the President in his interviews.
Well worth the wait so far.
good job Fill, but how in the hell are you just going to get back in...it wouldn't buy my shares even when it was falling, finally in at .017....waiting now, as well....gotta sell this before the dilution panic....
The volume is slowing a bit, so they will take the orders easier.
I had the sells near 2 cents sitting for quite some time.
Thinking it will settle here and then run again at some point today on a smaller scale.
Then I will sell and buy some at the close for a morning pop and sale. Just the tentative plan.
You ?
well, like you said, the volume is drying up a little, so it'll be easier to get in and out, for now....but, i gotta sell order in for just below the high in Nov., around .024. it didn't quite make it there this morning, so i'm thinking if it makes it there, it'll end up pulling back again.
plus, my only, real, desire on this one, is to stop losing money ;D
I don't know how you sold at .02
I had a MARKET SELL since .02 and it sat for 20 minutes this morning until it was well below .017. Finally I cancelled the SELL because I got so frustrated. This was thru Ameritrade. Has anyone else ever experienced this?
interesting you had a MARKET SELL, because when i've tried that (w/ Ameritrade), it always tells me i can't complete a market order w/ an OTCBB stock...
but, yes, this morning it seemed it was difficult to get in or out on that volume
Ameritrade only allows for limit orders with the pennies. I have tried numerous times and they always tell me that limits are the only way with AmeriTrade. Other companies allow market orders, but this can burn you big in pennyland. Only would recommend a limit so that you can control the price.
interesting that this is going down to the open price. maybe it's getting brought down for huge accumulation. man, i hope so....
rv,
The problem is the number of shares. 25 billion is way too many. The opinion is that the company sold quite a bit for cash today.
Daytraders will be here for awhile too. But the share count killed the chance for the substantial rally many hoped for.
I will continue to flip gzfx. The only way to make money, imo.
i agree 100%, ...i just gotta get my flip, not to flop
My plan is to buy back near the close for a morning pop and sell.
Then I will hold some for the news ahead.
Feel like I am trading this alone today. ;D
Where is everybody ?
rv,
Applaud for posting on the thread !!
;D
I locked in a relatively modest 57% gain this morning. ;)
Bought back in early this afternoon with gain money.
Will either sell @ .02 or wait for the morning pop, whichever comes first.
Hey, guys
I'm in too with big position and don't want to risk with swings( maybe not right?)
Planning to hold for a week( hope this week no new shares issued) and after play with the half or third of it. In my sunday's dream it was 5 bagger- when it'll came true?
GLTA
lana
Miss calculated the morning run and didn't sell any shares. I figured we would see prior resistance of .024. Oh well. Just added more @ .0155 because I feel confident that we see .02 again by weeks end for a 25-30% additional profit. Anyone willing to predict a closing or opening price?
so, been sitting here watching Level 2 again, (because it's just so damn much fun) and I'm watching the buys and sells, and comparing them. ironically, there will be a buy of 57k shares at .0158 and then an immediate sell of 57k @ .0157. man, if anyone doesn't think this thing is being manipulated, you're crazy. it's been constantly doing this now for about an 1.5 hours. wish they would just let it run and let everyone be happy :o
GZFX sells alot of shares to market. They are the problem, not the MM's, imo.
fill_the_gap,
Once again, thank you for your insight. Why would GZFX be selling shares at this low of a PPS? If they are planning on announcing news in the near future why wouldn't they wait until after a nice run and a stable PPS?
Hi
I added more shares between .0156 and .02 for an average price of .0195!
I hope by the end of the week I can get out with some profit. This is not going as I expected it.
GLTA!
Lalitha
I'm down about 8% from where I bought back in with sale profit: .0165. I asked EliteG for his take on the action today on his daily TA thread. He thinks that the close above this morning's gap suggests more positive momentum to come. I'll be watching closely.
Quote from: bmarc4211 on March 27, 2006, 03:42:14 PM
fill_the_gap,
Once again, thank you for your insight. Why would GZFX be selling shares at this low of a PPS? If they are planning on announcing news in the near future why wouldn't they wait until after a nice run and a stable PPS?
bmarc, this is nothing new for GZFX. They have 20 plus billion new A/S's to pull from and convert to cash, use for deals, etc. This may eliminate the need for future financing with Golden Gate. It also will keep them in business much longer. GZFX will sell consistently, imo. We will only see the results on the 10Q.
With so many shares, the only way to make money is by trading GZFX, imo. The selling halts any substantial rally.
Lalitha0, it will take AAFES or equivalent news to get back towards 2 cents, imo. Hopefully soon.
I am banking on the website by Friday.
Bought before close and will sell at the open if no news.
Amazing that the news finally arrived. :o
Quote from: twodachsie on March 27, 2006, 04:35:07 PM
I'm down about 8% from where I bought back in with sale profit: .0165. I asked EliteG for his take on the action today on his daily TA thread. He thinks that the close above this morning's gap suggests more positive momentum to come. I'll be watching closely.
EliteG is very good with his analysis. Great place to ask.
Keep in mind that another positive PR could really get it going.
GZFX will be on many more radar screens tonight.
Good luck.
up, down, up, down - I have two things working against me - not having fractional cent numbers on the streaming quote/charts to get a sense of what is really going on without periodically requesting a live quote (otherwise pleased with my Firstrade account though), and trading in a cash account so that I have basically non-existent daytrading ability. Flying Blind - and a little dismayed that there wasn't more upward momentum given the fact that news as the CC deal essentially puts GZFX on the map!
I hope GZFX holds off on selling this enormous new block of shares; I am wondering how such a move on their part would be of strategic sense at this point - insulting the very shareholders who are bouying the value, and at such a low price as well.
I have been holding onto the remaining 1/4 of shares I originally picked up at 0.0075 - and added substantially to that today at 0.0149 first thing in the morning (obviously I fell for that old game, but I sensed volatility and didn't want to end up chasing the sucker later).
I stay on a position until I reach my target price(s), until recently I haven't really had the amount of money that anything I do has affected us in either direction - my Learning Curve Fund. Glad I had that time to do so! Now it's getting fun :-)
Is it just me, or does everyone get that "Dang! Wish I had $10K right now to drop on..." ??
Good luck everyone!
Bo
today wasnt as huge as everyone hoped, but its pretty much guaranteed as much as there can be a guarantee in business that this company will turn from start up to making a solid profit by the end of the year. saying that the only way to make money is by flipping is a little shortsighted i think. i feel like this should continue to trend upwards for the rest of the year. as the price rises dilution becomes less and less of a problem. and its also obvious now that chip isnt just lining his pockets. hes selling shares to make a better, stronger company. in the long run, that will only hurt those who sold. a lot of people are worried about the O/S and what it might be later on, but it will pale in comparison to the amount of value this company will gain over the upcoming months. hopefully earnings will start driving the pps and not PR's. once we get to that point, im pretty sure i wont be worrying about tenths of a penny.
Quote from: godspeed06 on March 27, 2006, 07:22:58 PM
today wasnt as huge as everyone hoped, but its pretty much guaranteed as much as there can be a guarantee in business that this company will turn from start up to making a solid profit by the end of the year. saying that the only way to make money is by flipping is a little shortsighted i think. i feel like this should continue to trend upwards for the rest of the year. as the price rises dilution becomes less and less of a problem. and its also obvious now that chip isnt just lining his pockets. hes selling shares to make a better, stronger company. in the long run, that will only hurt those who sold. a lot of people are worried about the O/S and what it might be later on, but it will pale in comparison to the amount of value this company will gain over the upcoming months. hopefully earnings will start driving the pps and not PR's. once we get to that point, im pretty sure i wont be worrying about tenths of a penny.
I agree. However, now that the company has a national deal, they really need to push themselves. Getting their name out to the public is the key thing here, and getting suscribers is what's going to drive this company. I know they have potential, I know things are looking positive, but you can't go anywhere unless you have solid, actual support. GZFX probably has less than 10,000 suscribers, which is not a lot by any means.
The key from here on out is to gain recognition. I'll probably ride the wave as long as I can with this one, but because I like the idea of the company, I'll probably be holding onto some shares just as a long-term thing - not too many, but enough to where I can make a decent amount in the chance that things really get rolling.
In terms of the next few weeks, I wouldn't be surprised at all to see another run like we had a few months ago. However, there IS a lot of daytrading going on with this guy (Although, I can't say much, I've done it myself), so it's really hard to get behind on the rally. Consistent support is what's needed here to get another run going. Right now people are jumping in and out because there's a lot of worriedness still floating around.
A few more PRs will help break that cycle, but you never know. It could be difficult to say exactly what's gonna happen from this point, but I'd expect something more positive.
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg53808#msg53808
Very nice gain day for GZFX with $0.0067 (78.82%) increase. =As I posted before, this is a "speculation" play and you must be ready for extreme volatility. =
Some asked why there was "strange" buy/sell price patterns intraday. Penny stocks, unlike listed stocks (NYSE/Nasdaq/AMEX) do not require a seller for you to buy shares. When you place a BUY order, you can buy straight from the available shares and not necessarily from a seller. This is how penny stocks raise money. GameZnFlix has billions of shares they have for sale and days like today is perfect for them to sell some of those shares to raise much needed working capital, which allows the company to grow.
This "dilution" of additional shares will have some negative impact on the share price, so often the companies are careful when and how much shares they sell. GZFX traded over 1.35 BILLION shares today! I am quite certain that GameZnFlix sold a large amount of the billions of shares.
Is this bad? If they release too many shares too fast, then it will drive the price of the stock too low. If you look at the intraday chart, GZFX maintained most of its gain throughout the day, indicating buying strength. As long as GameZnFlix is careful with their release of shares while allowing the share price to gain, it will be WIN-WIN for share holders and GameZnFlix.
GameZnFlix going nationwide with Circuit City is the "BIG" news that everyone has been waiting for. Since GameZnFlix is still a penny stock, many will only trade the stock instead of holding long-term. Likewise, I also recommend that you trade GZFX short-term.
As to near-term projection of GZFX, as the news of the nationwide rollout with Circuit City spreads and if more positive PR/News get released (such as increased number of subscribers and other deals GameZnFlix is working on like AAFES and the US military) more buying pressure will push the price higher.
You can find more info about GameZnFlix at 3SOF Penny GZFX MB:
http://www.3stocksonfire.org/trading/index.php?topic=2047.645
Quote from: bmarc4211 on March 27, 2006, 03:42:14 PM
Lalitha0, it will take AAFES or equivalent news to get back towards 2 cents, imo. Hopefully soon.
I read somewhere that the AAFES is not as big as the CC deal as it turned out to be. If the CC deal did not make much of an impact then I won't hope much for the AAFES to pull this stock up that much.
Can anyone recall such article? Correct me if I am wrong.
BTW Wallstreet.net report on GZFX here:
http://wallst.net/superstock/GZFX/gzfx.html
Quote from: rurouni on March 27, 2006, 09:24:07 PM
Quote from: bmarc4211 on March 27, 2006, 03:42:14 PM
Lalitha0, it will take AAFES or equivalent news to get back towards 2 cents, imo. Hopefully soon.
I read somewhere that the AAFES is not as big as the CC deal as it turned out to be. If the CC deal did not make much of an impact then I won't hope much for the AAFES to pull this stock up that much.
Can anyone recall such article? Correct me if I am wrong.
BTW Wallstreet.net report on GZFX here:
http://wallst.net/superstock/GZFX/gzfx.html
AAFES dwarfs the Circuit City deal. Check out the immediate exposure to the perfect target audience via the stores and online. John and Chip have made comments about how big AAFES is compared to CC.
Both John and Chip have said AAFES is much bigger for sub growth and achieving profitability than CC is. Both are important, but AAFES is the deal that would have the largest impact on growth in 2006 and beyond.
This could come at any time. No reason that they will not get it with John's military ties. I-Hub has posted e-mails saying the deal is done and awaiting a military PR. We shall see shortly.
http://www.aafes.com/pa/factsheet-2.pdf
Quote from: fill_the_gap on March 27, 2006, 09:43:45 PM
Quote from: rurouni on March 27, 2006, 09:24:07 PM
Quote from: bmarc4211 on March 27, 2006, 03:42:14 PM
Lalitha0, it will take AAFES or equivalent news to get back towards 2 cents, imo. Hopefully soon.
I read somewhere that the AAFES is not as big as the CC deal as it turned out to be. If the CC deal did not make much of an impact then I won't hope much for the AAFES to pull this stock up that much.
Can anyone recall such article? Correct me if I am wrong.
BTW Wallstreet.net report on GZFX here:
http://wallst.net/superstock/GZFX/gzfx.html
AAFES dwarfs the Circuit City deal. Check out the immediate exposure to the perfect target audience via the stores and online. John and Chip have made comments about how big AAFES is compared to CC.
Both John and Chip have said AAFES is much bigger for sub growth and achieving profitability than CC is. Both are important, but AAFES is the deal that would have the largest impact on growth in 2006 and beyond.
This could come at any time. No reason that they will not get it with John's military ties. I-Hub has posted e-mails saying the deal is done and awaiting a military PR. We shall see shortly.
http://www.aafes.com/pa/factsheet-2.pdf
Thanks for clearing that up FILL. I hope this happens soon. Cheers!
http://wallst.net/superstock/GZFX/gzfx.html
Audio Interview link with President of GameZnFlix
http://www.wallst.net/audio/audio.asp?symbol=G&offset=-1
http://wallst.net/superstock/GZFX/gzfx.html
Audio Interview link with President of GameZnFlix
http://www.wallst.net/audio/audio.asp?symbol=G&offset=-1
Important to note and not visible in the print screen above is Wallst.net's disclaimer: We have received $67,335 from GameznFlix Inc. for press and advertising services.
It was an awesome gain for those who were holding at the close on Friday and sold today. But almost every buyer who bought shares today and held them is underwater now. With 1.4B shares traded that will exert strong downward pressure on the pps. Today's candlestick is a gravestone doji - a bearish reversal signal. I was very surprised when EliteG said he didn't think the gap would fill. In my experience 9 times out of 10 this setup results in a gap fill.
Quote from: Lucas Scott on March 28, 2006, 01:59:39 AM
It was an awesome gain for those who were holding at the close on Friday and sold today. But almost every buyer who bought shares today and held them is underwater now. With 1.4B shares traded that will exert strong downward pressure on the pps. Today's candlestick is a gravestone doji - a bearish reversal signal. I was very surprised when EliteG said he didn't think the gap would fill. In my experience 9 times out of 10 this setup results in a gap fill.
Would agree with you on the GAP FILL sentiment - I wonder why EliteG thinks it wont fill??? Did he provide reasons???
Thanks,
Cal
200k @ .016
Pretty ugly candle yesterday as lucas pointed out it was a gravestone doji. Technically pps opened right near resistence at .015 and managed to close above resistence now support just barely at .0152. TA would suggest a retracement tomorrow following that ugly candle yet there may be some buying pressure again tomorrow morning to get in at the open who knows. All in all im not happy with the way things went. I believe GZFX was dumping shares yesterday in the open market which held back pps from maintaining a strong rally after the open.
I still havnt unloaded any of my shares but will be glad to pull the trigger if i get a chance to again at .02.
-fous
Too simple what happened, buy on rumor, sell on news.
Quote from: Malum2006 on March 28, 2006, 07:55:52 AM
Too simple what happened, buy on rumor, sell on news.
Not really true Malum :) If people were buying the rumor price action would have been moving up heavily before the news released instead of moving down, then a large sell off on the news. People bought the news monday morning and sold at psychological resistence of .02 for a quick day trade (along with GZFX dumping shares i believe). It'll be interesting to see what happens today.
Good luck!
-fous
Quote from: fous on March 28, 2006, 08:37:09 AM
Quote from: Malum2006 on March 28, 2006, 07:55:52 AM
Too simple what happened, buy on rumor, sell on news.
Not really true Malum :) If people were buying the rumor price action would have been moving up heavily before the news released instead of moving down, then a large sell off on the news. People bought the news monday morning and sold at psychological resistence of .02 for a quick day trade (along with GZFX dumping shares i believe). It'll be interesting to see what happens today.
Good luck!
-fous
The rumor was released a while back. This whole runup last year and this year has been anticipating this news.....this IS the selloff. This is NOT a stock to daytrade IMO, the MM busy with GAP AND TRAP strategy...dont buy the gap.
my my.
First, we all know here that wallst.net is a paid PR website that works to distribute company info/news. Other companies such as STX, TASR, HEB, etc. also use this website.
You forget that this is a penny stock. I am certain that GameZnFlix was able to sell a significant amount of 3 billion outstanding shares directly yesterday to buyers, which kept the price down.
This is bad for those that bought above $0.015, but raised much needed capital for the company. I am sure GameZnFlix management is aware that to raise future working capital, they must not "collapse" their investment capital from share holders by releasing too many shares (I wonder how many shares were sold yesterday?). I believe as they start their partnership with Circuit City in going nationwide, they will look to grow as a "serious" national company.
As to Elite G thinking that the gap will not be filled, I agree with him. GZFX has been falling quite a bit since the Nov-Jan time of first nationwide rollout anticipation. If GameZnFlix did not release so many shares yesterday, I believe GZFX would have closed much higher. With raising of capital done, I believe GameZnFlix management will be more careful today to allow the share price to climb to secure future capital generation. I believe GZFX will gain steadily from this point.
With that said, time will tell what will happen today and the rest of this week.
PLEASE make the bad man stop!
From G-TA:
QuoteHey gri - GZFX - does seem to be filling the gap somewhat but I wouldn't say its over.. I see a bit of support there creating some lower price rejection so it has the chance of finishing strong.. I guess you could say that if it breaks the days lows thouroughly then maybe its filling the gap
.
Unfortunately, G. is right... GZFX is filling the gap. Any other thoughts?
My stop-loss at 0.014 wasn't filled and now I'm in a RED zone :'(
After 0.0125 what support do we have?
Quote from: bmarc4211 on March 28, 2006, 11:02:21 AM
PLEASE make the bad man stop!
i must agree, i got back in @ .017 yesterday, truly thinking that it would pull back off of the high and then settle back in at around the .02 range. now, i'm thinking that they're are just releasing shares like crazy. I'm sure they need a little money, but i feel like we're getting a dry f'ing here. I'm truly starting to wonder what it would be like as a fly on the wall, when they decide to authorize 25 billion shares. I'm becoming quite livid, and it takes a lot to piss me off. Someone please tell me when this will stop.
Fill, I wish you could guarantee that the military deal is much bigger than the CC deal. I gotta get back outta this thing before i lose my mind.
I'm thinking she's heading back to the pre-surge range around .009. Maybe we'll see a bounce. I'm hanging on for now, maybe for longer than I'd originally planned. There's still longer term potential.
Quote from: twodachsie on March 28, 2006, 11:16:09 AM
I'm thinking she's heading back to the pre-surge range around .009. Maybe we'll see a bounce. I'm hanging on for now, maybe for longer than I'd originally planned. There's still longer term potential.
I agree that there's potential, but if they are selling those shares, and they end up depleting the 25 billion shares, our share price will dilute so far that we won't be able to keep up w/ the amount of zeros on the right side of the decimal...
by the way, because i'm just not smart enough to find it out on my own, does anyone know if they are selling those A/S shares. or do we have to wait for an SEC release?
Quote from: twodachsie on March 28, 2006, 11:16:09 AM
I'm thinking she's heading back to the pre-surge range around .009. Maybe we'll see a bounce. I'm hanging on for now, maybe for longer than I'd originally planned. There's still longer term potential.
Hi twodachsie,
I still bagholder with EYII. The reason is "
longer term potential" In penny stocks impossible to plan long-term (IMO)
applaud to rv
Quotewe won't be able to keep up w/ the amount of zeros on the right side of the decimal...
:(
very goog question:
Quotedoes anyone know if they are selling those A/S
Website due by end of month. A possibility is end of business Thursday for Friday morning.
But we need a big deal like AAFES to move this much, imo.
who can tell what this will do, or if it will help, but hopefully it's a mouth to mouth recusitation manuever that all of us can enjoy (no tongue please!!)
GameZnFlix, Inc. Acquires 170 Television Shows for GnF Entertainment Network
FRANKLIN, KY, Mar 28, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (GZFX : gameznflix inc com
Last: 0.010.00-21.71%
4:02pm 03/28/2006
Gameznflix, an online provider of video game and DVD movies for rent or purchase, has purchased content for its GnF Entertainment Network. This past week the company accepted delivery and full rights to 170 television shows. GnF Entertainment is currently broadcasting to over 2 million satellite dishes across North America.
"This purchase of 170 shows is the beginning of our plan to obtain rights to all kinds of content. By purchasing these shows and possibly acquiring more, we hope to ensure that we can offer titles to our customers via many different means of distribution," John Fleming, CEO of GameZnFlix, Inc. "This represents another step towards meeting one of the company's goals of providing movies and games through video-on-demand or, potentially, any other media."
In addition to the above, the following milestones represent areas of development that the company is currently working on for 2006.
* Continue the current advertising campaign targeting the online user and
rural communities across the country.
* Research and development to identify future product delivery platforms.
* Sponsorship and endorsement programs.
* Possible expansion into Canada and the United Kingdom.
The past 2 Press Releases have come after hours. How is that for keeping traders alert.
:o
Looking forward to viewing the website and AAFES news soon, imo.
What? Who is receiving this broadcast? A broadcast of WHAT? How is it being received? Which SERIES are the shows FROM? 170 shows from how many series?
This is a VERY vague news release, wow, wow, can't believe how vague.
(http://i2.photobucket.com/albums/y21/jensenb9/kitty_bomb.gif)
Check the news on GZFX. Any meaning in this?
GameZnFlix, Inc. Acquires 170 Television Shows for GnF Entertainment Network: Financial News - Yahoo! Finance
http://biz.yahoo.com/iw/060328/0115059.html
Quote from: Malum2006 on March 28, 2006, 05:32:57 PM
What? Who is receiving this broadcast? A broadcast of WHAT? How is it being received? Which SERIES are the shows FROM? 170 shows from how many series?
This is a VERY vague news release, wow, wow, can't believe how vague.
(http://i2.photobucket.com/albums/y21/jensenb9/kitty_bomb.gif)
are we being inundated w/ yahoo message board people??? didn't you just post the same thing on the Circuit City message board?
Sorry to be so vague, I am new to stock trading, but I am learning with this board. I apologize for post. I will continue to watch until knowledge is up to par.
Quote from: Bates on March 28, 2006, 06:25:59 PM
Sorry to be so vague, I am new to stock trading, but I am learning with this board. I apologize for post. I will continue to watch until knowledge is up to par.
Bates,
Welcome to the board ! ;D
Do not worry. Read the thread and if it is not already there, post whatever you wish. We are all learning at some level.
This is a great community that specializes in helping each other out.
Feel free to send me a message with any questions.
You will do fine. This site has more educated and cordial posters than anywhere I have ever been. And the staff does a great job of keeping it all civil.
So post all you want.
Good luck and have fun !
im really starting to wonder if holding my shares is just going to be suicide. ive been holding for a while. havent been flipping. i might start soon though, but im usually not around enough to be able to flip during the day so i dont know how ill do it. i thought that this company had a lot of potential, and that in a year or two id have made good gains. and with the CC deal i now know the potential is absolutely real and i believe in the company. but if they dilute all those shares even if they use the money to build the company and gain assets, it seems like traders wont care and will continue to drive the price down. then when they decide to R/S im afraid that my money will never really get back to the value i originally bought it at even though the company is much more valuable. if i can be convinced that the company's PPS will actually parallel the true growth of the company then i can deal with all thats going on. if not, then i seem to be shit out of luck no matter how patient i am. ill be forced to flip and average down and do lots i really dont feel like doing and still not make any real gains.
I'm not 100% sure what's going on in terms of aquiring 170 television shows for the "GnF Entertainment Network" -- Googling that didn't even turn up anything.
However, from what I get from within the article, it seems that they're using this form of media to possibly distribute movies and games through something other than just the mail. Hopefully there will be some further press releases to clarify exactly what's happening, but whatever it is, it seems to be good news :D
Quote from: Bates on March 28, 2006, 06:07:37 PM
Check the news on GZFX. Any meaning in this?
GameZnFlix, Inc. Acquires 170 Television Shows for GnF Entertainment Network: Financial News - Yahoo! Finance
http://biz.yahoo.com/iw/060328/0115059.html
Hello Bates,
Welcome aboard!! I guess today's PR may have alot to do with the announcement they made back on Jan 17th.
http://biz.yahoo.com/iw/060117/0106420.html
GameZnFlix, Inc. Signs Lease for Its Own Proprietary Channel to Be Broadcasted via Satellite
Tuesday January 17, 9:30 am ET
FRANKLIN, KY--(MARKET WIRE)--Jan 17, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of DVDs and video games for rent or purchase, plans to launch its own proprietary channel on IntelSat America 5, a satellite transponder aimed toward Ethnic, Christian, Military and other communities in the United States. The new video/movie channel -- a collaboration between GameZnFlix and Hit Media, LLC, a Florida-based marketing firm with roots in the satellite and video distribution industries -- will primarily serve as a marketing tool to millions of viewers in the U.S., Canada and the Caribbean.
ADVERTISEMENT
The satellite delivery model -- provided by Pittsburgh International Telecommunications, Inc. -- will also serve as a GameZnFlix's download station to those same customers.
CEO John Fleming, GameZnFlix, Inc., stated, "This is the first step towards our company moving into the direct download to personal entertainment systems across the United States. We have been working closely with Pittsburgh International Telecommunications, Inc. and Hit Media, LLC over the past year on this project. We are pleased to make this announcement."
Al Stem, CEO, Pittsburgh International Telecommunications, Inc., added, "The timing of this service offering is good. Consumer demand, satellite technology and environmental economics all seem to be lining up favorably. Pittsburgh International Telecommunications, Inc. is excited to be a part of its launch. We're excited to be a part of this pioneering content-delivery innovation with both GameZnFlix and Hit Media."
GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Pittsburgh International Telecommunications, Inc. is a leading provider of direct-to-home broadcasting services for ethnic, religious, medical and business channels from around the world. Within this market, Pittsburgh International Telecommunications, Inc. delivers a wide range of programming that targets international communities in the U.S. and the Caribbean. These networks broadcast educational programs, news, sports and movies.
Pittsburgh International Telecommunications, Inc. continues to expand its scope of services to a growing customer base including, but not limited to, enterprise customers, major international telecommunications carriers, television networks, government agencies, and universities. Video Services include uplinking and downlinking to major networks such as ABC, CBS, CNN, ESPN, FOX, MSNBC and NBC as well as numerous individual stations and businesses. The Company provides voice and data services between the U.S. and a number of countries in South America, Europe and Africa.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward looking statements are further qualified by other factors including, but not limited to those set forth in the company's Form 10-KSB filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov/). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
For further information regarding GameZnFlix, please contact GameZnFlix, Inc. corporate offices at 1 (888) 542-6817, or visit www.gameznflix.com. For further information regarding Pittsburgh International Telecommunications, Inc., visit www.pitcomm.com.
Contact:
Contact:
GameZnFlix, Inc.
1 (888) 542-6817
http://www.gameznflix.com
Pittsburgh International Telecommunications, Inc.
http://www.pitcomm.com
Source: GameZnFlix, Inc.
Thank you guys for such kind replies. Out of all the forums I have visited. I felt most comfortable posting here. I have 15000 shares of this and have been holding for a while. Just got a little excited. I also noticed a lot of you have huge amounts of penny stocks, what are you using to trade, as if I buy more than 5000 with Firstrade. I get hit with huge fees.
Thanks again for being so kind thought guys!!!
Bates, I use Ameritrade.
Godspeed06,
Do what works best for you. I use pennies for trading only. Yes, I may hold awhile for news, but never long after it comes.
My plan is to wait for the website (Thursday or Friday, imo) and then the AAFES deal.
At that time, I will take the money and move on. Perhaps returning to trade it again if more news is anticipated. But holding long term is not an option for me. Too many A/S, imo. And an eventual R/S is probably in the cards.
As discussed for months on here, I am in for the news. We got Circuit City, website is next and then the giant AAFES deal, imo.
I have done very well so far trading it with the initial buy at .0076 as disclosed on the thread. Sold on the CC news and then added more today around .0121. And will add more into Friday. Really not sure how much the website will help, but it certainly will not be negative for the price.
Anyone else care to disclose their plan to the group ? :o
Quote from: godspeed06 on March 28, 2006, 07:43:36 PM
im really starting to wonder if holding my shares is just going to be suicide.
Depends on where you bought. If your average price is .015 or higher, than my guess is yes there will be pain for you short-term. The big news was the CC national deal. AAFES and a new website will not have much effect on the pps IMO. What matters going forward will be execution of the rollout, and the related revenues and profits. This is a process that will take some time (years).
NFLX had profit of $42M in 2005. NFLX PE ratio is 43. Let's assume GZFX over time issues all its authorized shares - 25 Billion. When GZFX does $42M in profit, and assuming it is awarded the same PE as NFLX, then GZFX would trade at 7.3 cents per share. The big unknown is how long will it take GZFX to reach $42M in annual profit? It's not the sort of thing that can happen in one, two, or three years.
Unless your timeframe is 10 years, look for flipping opportunities like fill_the_gap has done.
John and Chip have stated that AAFES is many times more valuable to GZFX than Circuit City.
The market knows the name Circuit City and may not react the same to AAFES, even though AAFES means more in reaching profitability. And look at the amount of locations for AAFES. Combine that with perfect target market and it equals subs.
AAFES is important for many reasons. The target market and international exposure is immediate. And they do not have to pay AAFES the same amount per sub as CC.
All in all, to have AAFES is a giant deal. The more partnerships, the more of a base we can build on here.
Another thing to consider. John stated to a reliable source today that Golden Gate converted the debentures the past few days. And John said that GG is done.
If this is the case, GZFX has cash to move forward and self finance operations. This will certainly help with the Outstanding Share issue. Remember when AMEP finished the debentures?
I am buying more to take into Friday and next week. I think that a parlay of news is possible. It could move up again for a nice trade by next week, imo.
I am going all in again before end of day Thursday for a trade on a string of news.
I worked late again on a project and just got home. This is my take on GZFX.
If you look at the 5 day chart for GZFX, the Circuit City nationwide rollout news pushed the price up on Monday to over 110% since Friday's close. I know many longs holding GZFX sold to take some great profit. And as GZFX began to fall from Monday's peak, I am sure more holders also took profit.
Yes, the rest of Monday saw the gradual falling of price, but I believe that may also be due to GameZnFlix selling some of 3 billion shares they had outstanding. I am not sure how many shares were "diluted" on Monday and today, but many that sold today probably sold on "fear" of GZFX going lower.
We don't know how many shares GameZnFlix "diluted" today. Perhaps, GameZnFlix management knowing that today's PR will come out may have sold as many shares as they could the last two days. I am curious as to how many shares were diluted.
I actually bought back at $0.0125 anticipating that $0.012 was the bottom as GZFX rebounded before I left for work. With the close of $0.0119, 1.35 billion shares and 472 million shares traded last two days, I feel comfortable that those that wanted to take profit and those that wanted to sell on "fear" have already done so on Monday and today.
So, with the new PR out after trading hours, I anticipate that GZFX share prices will head up tomorrow. Those still holding shares had two days to sell, but may anticipate higher longer-term gains. Those that bought higher and still holding shares also had today to sell, but may not want to sell on loss. That means, for tomorrow, fewer sellers to drive the price down.
Another interesting point to ponder is that Netflix (NFLX) took a fall today. Will many of NFLX holders, who are familiar with online rental of movies, sell and buy GZFX on rebound? I believe if/when GZFX rebounds, buying pressure will increase exponentially perhaps pushing the share price higher than the $0.02 that was tested on Monday.
I am going to continue "speculating" with GZFX for this week since I feel that potential for this stock has not been hit yet.
As always, time will tell. IMHO ;)
Quote from: Bates on March 28, 2006, 06:25:59 PM
Sorry to be so vague, I am new to stock trading, but I am learning with this board. I apologize for post. I will continue to watch until knowledge is up to par.
Hey Bates,
I hope my response to Malum2006 didn't scare you away. and it looks as if it didn't. I was responding to him, only because i do look at the yahoo mb, and I didn't think anyone here wanted what he's responding over there, on here. It wasn't intended for you in anyway.
I've been trading for over a year now, and I'm still learning....starting to wonder if it's sinking in. I'm holding now for a while, like many, and certainly hope GZFX gets above .017 soon....
Quote from: LiveLife on March 29, 2006, 02:28:50 AM
I worked late again on a project and just got home. This is my take on GZFX.
If you look at the 5 day chart for GZFX, the Circuit City nationwide rollout news pushed the price up on Monday to over 110% since Friday's close. I know many longs holding GZFX sold to take some great profit. And as GZFX began to fall from Monday's peak, I am sure more holders also took profit.
Yes, the rest of Monday saw the gradual falling of price, but I believe that may also be due to GameZnFlix selling some of 3 billion shares they had outstanding. I am not sure how many shares were "diluted" on Monday and today, but many that sold today probably sold on "fear" of GZFX going lower.
We don't know how many shares GameZnFlix "diluted" today. Perhaps, GameZnFlix management knowing that today's PR will come out may have sold as many shares as they could the last two days. I am curious as to how many shares were diluted.
I actually bought back at $0.0125 anticipating that $0.012 was the bottom as GZFX rebounded before I left for work. With the close of $0.0119, 1.35 billion shares and 472 million shares traded last two days, I feel comfortable that those that wanted to take profit and those that wanted to sell on "fear" have already done so on Monday and today.
So, with the new PR out after trading hours, I anticipate that GZFX share prices will head up tomorrow. Those still holding shares had two days to sell, but may anticipate higher longer-term gains. Those that bought higher and still holding shares also had today to sell, but may not want to sell on loss. That means, for tomorrow, fewer sellers to drive the price down.
Another interesting point to ponder is that Netflix (NFLX) took a fall today. Will many of NFLX holders, who are familiar with online rental of movies, sell and buy GZFX on rebound? I believe if/when GZFX rebounds, buying pressure will increase exponentially perhaps pushing the share price higher than the $0.02 that was tested on Monday.
I am going to continue "speculating" with GZFX for this week since I feel that potential for this stock has not been hit yet.
As always, time will tell. IMHO ;)
Livelife, Excellent post!
It has settled down on the retrace. We move up on consecutive press releases, imo.
May plan is to hang on to the 125k shares I bought @ .0165 with some of the gain from sale 3/27. Still hoping to see at least .02 again. I may pick up more in the next couple of days, but need to free up some cash first.
There is alot of chatter about Golden Gate being out of the picture. It makes sense considering that 1.7 billion shares traded in 2 days.
We will be able to tell by the trading and volume. If they are truly out of the picture, moving up will be a whole lot easier. A ceiling of shares being sold has certainly been a big factor in keeping us down to date.
Time will tell.
Good morning.
Premarket activity for GZFX looks promising.
GZFX is already trading at $0.0125 and up 10% in European market:
http://finance.yahoo.com/q/bc?s=PQJ.BE&t=1d
Fool.com's article on Netflix's failure to meeting video gaming market:
http://www.fool.com/news/mft/2006/mft06031619.htm?source=eptyholnk303100&logvisit=y&npu=y&bounce=y&bounce2=y
"You Blew It, Netflix
By Rick Aristotle Munarriz (TMFBreakerRick)
March 16, 2006
I'm not surprised that Netflix (Nasdaq: NFLX) wasn't the first dot-com heavy to announce the launch of a video game rental service. I'm just disappointed." More at link.
GZFX is holding .012 very well.
We head up from here when the website hits. Add more news and another nice (50 % plus quick)trade can be made from right here at .012's, imo.
I like it alot right now. The sellers have dried up and the chart is shaping up after the gap fill.
Selling some other stocks so that I can add more to this trading opportunity. The CEO and President say website by Thursday night. But I am also banking on AAFES news next week. We will see. ;D
Freed up some cash. Watching for best buy zone.
ill probably hold up through news but no longer than the end of next week. i bought this stock in hopes of getting the CC deal and selling on the news. that didnt work because everyone was so afraid of dilution. so i guess ill just get what i can out of this in the next few days and see what happens.
what a bummer.
I pulled the trigger and picked up another 150k @ .0122 during the lunchtime lull.
Makes my average buy price for shares currently held .0142.
Hoping to see .02 within the next 5-10 trading days. ;)
In November 2005, Chip Gallent mentioned the following
"We are aggressively looking at a download model or pay per view model, one that would allow us to offer to our members a title that is electronically delivered, you know that is the next stage of this business. And whether that be through a computer, to a media center PC that is attached to the television, or satellite system of some sort, or an IP based television, that is something we are aggressively looking at because the technology and more importantly, the market for that may not be here right now, we know that some of the things that has happened in and around the business, that it is absolutely coming, and we want to be ready for it in anticipation of what that is."
I suppose their latest purchase is intended to compliment this goal. So far they are doing everything they said they were going to do. I wonder if they are working on the other goals they mentioned in that interview such as expanding into Europe.
FULL TRANSCRIPT HERE:
http://www.gameznflix.com/press.asp?pressID=44&archive=0
Welcome, Bates (I'm pretty new here myself, happy to have found mention of this board on a Y! post a while back and followed up on it).
I also have Firstrade, and have likewise discovered that the $6.95 'flat rate' doesn't apply to penny stocks (some of this info seems to be rather discreetly placed on an otherwise quite useful and informative site).
If you've noticed, web-based trades over exactly 5000 of any OB or PK stock (they DO at least provide the op to trade them) returns a dramatically higher commission. If I am trading up to 15k of a ticker, I do so in three 5k increments at the $6.95 each - all translates into more anxiety about covering the costs of doing this in the value of the position. More shares than that - call it in. The over-the-phone rate is $26.95 flat plus 1% - my 300k of gzfx was $71 - and you will have your order filled while on the phone as they seem to have good pit access. Perhaps that cost is unreasonable to others here, but I spread my investments to include 10-20% in OTCs so the instances in which this is a problem are acceptable.
Also, Firstrade has never YET been down for any reason, the streaming product is free, and w/L2 at $19/month...).
People DO post trades of stock on here of intimidating amounts, earlier I've felt unworthy to post amongst the trading gods - now that is closer to feeling privileged as I feel this site is a great, supportive community. With their combined wisdom and guidance I plan to be amongst them :-)
Meanwhile, as I'm rather underwater on GZFX still - I've taken to spending the day on something else to distract me from gritting my teeth here with anxiety.
Best wishes to you (all of us!),
Bohemian2k
Bohemian - I use Ameritrade. 10.99 flat per trade, buy or sell, and trades are usually pretty quick, depending on the traffic. With the pennys and OTC, I usually buy at least $1,500 of any one stock at a time to put the buy and sell commission below 1.5%. Welcome aboard. ;D
Nice day so far for GZFX !! ;) Shaping up very well.
fyi- depending on your trade activity, AmeriTrade will allow you to negotiate down to $ 7.00 flat fee per trade. Not sure what they will do not with the merger. But worth a shot. I have had $ 7.00 for 13 months now.
Hmmmm. Well, fill, they sure don't advertise the $7 fee anywhere. Maybe I have to call and tell them I'm considering taking my business elsewhere to get that rate. ::)
Yea, nice close on GZFX. :D
Very strong finish to GZFX today! I definitely like the hammer candle here, could be the sign of a nice reversal, and the start of a good run again. >:D
We'll see how things go, but I definitely liked today's action.
A New Partnership: Circuit City and GameZnflix
Mar 29 2006 8:07:33 pm
Stock Market Analysis by Lonny Rosenfeld
When I wrote my first article on GameZnflix (OTC BB:GZFX) last November I stated that I very rarely write about penny stocks, but I thought this one had a lot of potential. So far I have proved myself to be correct. On Friday, March 24th Circuit City (CC) announced that is will go ahead with a nationwide release of the GameZnflix movie and rental service. In the fourth calendar quarter of 2005, the two companies tested offering the GameZnFlix services at a limited number of Circuit City Superstores and online at circuitcity.com. After concluding the tests, the services will now be expanded to include Circuit City Superstores across the United States and will continue to be available nationwide on Circuit City's website. (MARKET WIRE via COMTEX)
"We want to offer a variety of products and services to our customers and the GameZnFlix's program allows our customers to experience the convenience of renting both movies and games through the mail," said Bill Cimino, director of corporate communications for Circuit City.
The agreement calls for a rollout of GameZnFlix's service by offering prepaid service cards at each of Circuit City's Superstores. The agreement calls for adding between 45 and 110 locations each month until full deployment is reached prior to the 2006 holiday season. Financial terms of the agreement are not being disclosed.
"This relationship is a win-win for both companies," said John Fleming, chairman and chief executive officer of GameZnFlix, Inc. "Circuit City continues to prove to be one of the top destinations for movie-lovers and video gamers alike and by co-marketing with GameZnFlix, Circuit City can continue to fulfill its customers' needs by adding our rental services to its product line."
For those readers who are unaware of this company, GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
As anyone would expect, shares of GZFX received a huge pop at the open Monday morning. Shares surged more than 125% early in the day to trade at $.0209 on extremely heavy volume. As Monday progressed shares trimmed these gains in half. GZFX last traded Wednesday at $.0134, up 12.61% for the day. Trading for the first half of this week has been relatively predictable. Almost everyone had expected a big gain early Monday, followed by some profit taking later in the day and Tuesday. Wednesday was another day where many investors either bought back in after selling early Monday or others jumped off the sidelines to get in at a more reasonable price.
Given now that it is known that the Circuit City deal is in full effect, what does this mean for the future of GameZnflix? Clearly as I have stated months ago, the potential is truly there for this partnership to be a success. Circuit City has done its part; they have opened the door for a relatively unknown company. Now it is the job of GameZnflix to step up to the plate. This is the big leagues now, do not strike out.
I know many you reading this article are reading this because you are either share holders of this company, have been share holders, or you are thinking about becoming a shareholder. Remember this is a penny stock, so of course there is a high level of risk involved, but is that high level of risk a risk worth taking?
Looking at the 6-month chart above, there are very well defined support and resistance levels. These will be the areas that will dictate trade for the short term. There is currently resistance located at $.021; this was reinforced on Monday's trading when shares topped off at $.0209. There is also support located at $.012, this was the low of the day on Wednesday before shares bounced off this level and ended the day higher.
What can be expected of shares of GZFX over the course of the next few months? I would expect to see a lot of volatility as investors try to weigh the future of this company from any news releases concerning the Circuit City partnership. There is a strong likelihood that shares of GZFX will move significantly higher from their present level. Circuit City is no laughing matter, this company would not have reached out and extended its hands to GameZnflix if it did not think it would benefit as well from this deal.
This is truly a company to watch and it will be very interesting to see how this partnership evolves in the future.
Repost from 3SOF Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.new#top
What a day for GZFX! Wow, very strong gain today (GZFX stayed green all day).
GZFX gained $0.0015 (12.61%) and traded 265 million shares.
Quote from: LiveLife on March 29, 2006, 02:52:38 AM
I feel comfortable that those that wanted to take profit and those that wanted to sell on "fear" have already done so on Monday and today.
So, with the new PR out after trading hours, I anticipate that GZFX share prices will head up tomorrow. Those still holding shares had two days to sell, but may anticipate higher longer-term gains. Those that bought higher and still holding shares also had today to sell, but may not want to sell on loss. That means, for tomorrow, fewer sellers to drive the price down.
... I believe if/when GZFX rebounds, buying pressure will increase exponentially perhaps pushing the share price higher than the $0.02 that was tested on Monday.
... I feel that potential for this stock has not been hit yet.
fill_the_gap, as I posted previously, I agree with you that the sellers are drying up. Also, GameZnFlix may have sold sufficient amount of the outstanding shares directly on Monday and Tuesday and thus allowed the share price to climb back up. If that's the case, very smart thinking on GameZnFlix and good timing of PR/news releases.
As I posted, once GZFX rebounds and the word of GameZnFlix (the buzz is that GameZnFlix is the next Netflix and many on Netflix MBs are also buying shares of GZFX) spreads with people learning of GameZnFlix's many pipelines, buying pressure will push the share price up exponentially, much higher than the $0.02 tested on Monday.
I anticipate a steady and very strong gains from now on. ;)
For those new to GameZnFlix, I would like to mention that Circuit City also partnered with a tiny new company several years ago called Netflix. ;)
I too am bullish on GZFX but I have to be realistic. The drop from .02 left a TON of bagholders that are pissed off and wanting to sell at .015-.016
Price by Volume Bars illustrate this point...
I think the break of this resistance level will be done, just not this week....
Patience...Long 200k @ .016
cal >:D
Good morning.
GZFX up 20% in European market!
http://finance.yahoo.com/q?s=pqj.be
Quote from: LiveLife on March 29, 2006, 11:11:52 PM
For those new to GameZnFlix, I would like to mention that Circuit City also partnered with a tiny new company several years ago called Netflix. ;)
The same Circuit City executives are involved with launching GZFX this time.
They certainly learned alot from the Netflix launch.
Always best to be 2nd in a case like this.
My play remains for the website tonight? and then AAFES next week, imo.
Looking great !
hey, Fill, being nosey here, but after getting out around .02, where did you finally get back in at?
also, do you think the website announcement will have that big of an impact?
fill_the_gap, all smiles here. :D
Now, we just sit back and watch. Many are realizing that this is the "ground floor" entry for GameZnFlix as this company continues to grow to likes of Netflix. At just over a penny, this stock is less than cheap!
I can't wait for GZFX to start upticking in one penny increments! When that happens, =WOW!!! =
Quote from: rv on March 30, 2006, 10:54:49 AM
hey, Fill, being nosey here, but after getting out around .02, where did you finally get back in at?
also, do you think the website announcement will have that big of an impact?
.0124 average on the buy back in.
Thinking that website could do 10%-15% maybe and then AAFES news takes us over 2 cents. All depends on timing of the PR's.
Either way, buying ahead of the news is the play, imo.
Anticipating the new website and more news. Exciting time to be in GZFX after waiting for months.
;)
fill_the_gap , I have been following your posts since I've been a member of 3stocks starting May of "05" and especially following GZFX and trust your judgement/gut feeling/evaluation of the stock. Members like you make it enjoyable to be a member, trade and make money.
Thanks, and let's go GZFX
Quote from: john b mcginnis on March 30, 2006, 03:20:56 PM
fill_the_gap , I have been following your posts since I've been a member of 3stocks starting May of "05" and especially following GZFX and trust your judgement/gut feeling/evaluation of the stock. Members like you make it enjoyable to be a member, trade and make money.
Thanks, and let's go GZFX
That is truly appreciated ! Thank you.
Those that stuck around are sitting on 100% profit even before the next round of news.
Looking great.
We may easily close above $0.015.
fellow traders,
appreciate all your post. read alot but dont post often. but had to ask one ? what about that close today ? ;D rigth at the high. ;) excited about tommorrow but lets keep our emotions out of it .YAHOOOOOOOOOOOO. >:D
HANDYMAN
Repost from 3SOF Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.new#new
Nice continuing rebound day for GZFX. I sold GNBT early this morning and I am 100% in GZFX.
GZFX gained $0.0019 (14.18%) with over 217 million shares traded. It appears that last of the sellers wanting to take profit and those still "uncertain or nervous" about the future of GameZnFlix sold this morning. Once that was over, GZFX gained steady into the afternoon with a very positive and strong finish.
I anticipate that sentiment for GameZnFlix is improving and confidence building. The much discussion and "buzz" on finance MBs is that "GameZnFlix is the next Netflix" with much better prospect because of GameZnFlix renting games also.
Going nationwide with Circuit City is BIG and in addition to the online DVD/game rental/sale business, GameZnFlix is working on several very promising pipelines (such as the satellite media download service [the future of DVD/MP3/MPEG4/DivX and other media download], deals with AAFES and US military, standalone online DVD/game rental/sales (such as Netflix) with the new website, tapping into European markets, and others) which all make GameZnFlix very attractive. http://finance.yahoo.com/q?s=gzfx.ob
The word about GameZnFlix will continue to spread, and with continuing strong gains in share price and volume activity, interest in GZFX will only grow exponentially. At just over a penny, this is the "ground level" entry point. This is "cheaper" than cheap. Can you imagine what will happen once GZFX starts trading in one penny increments in uptick? = WOW =
As always, time will tell. ;)
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg54552#msg54552
I believe GameZnFlix is just starting to gain. With the nationwide rollout with Circuit City delayed from January 2006 to March 2006 (look at the chart), many of us holding/trading GZFX since November of 2005 lost interest/faith in GameZnFlix. After the nationwide rollout news last Friday, Monday and Tuesday's trading activity indicated this and those that wanted to take profit or had "fear" of GZFX falling sold on Monday or Tuesday. The early morning fall today may have indicated last of the "nervous" sellers selling as GZFX gained with strength all day long. They may have bought GZFX back at higher price. ;)
I anticipate GZFX continuing to gain and testing the $0.02 mark. Once GZFX breaks through $0.02, then I believe GZFX will take off from there with increasing buying interest.
what do you guys think about the sb-2? after such a strong finish today im a little worried this will kill the momentum tomorrow morning... i really hope not though.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001094328%252D06%252D000049%252Etxt%26filepath%3D%255C2006%255C03%255C30%255C&symbol=GZFX
godspeed06, the following article may help with your question:
GZFX BUY confirmed! Thanks penny_gold3 for the link from Raging Bull MB: Msg. 232051 of 232071
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GZFX&MarketTicker=OTC&TYP=S
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.15.2006 (15) days ago, when the stock price was 0.0103. Since then GZFX has gained 48.54% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0137 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. It opened today with a gap-up and the day's activity resulted in a close higher than the open. This is one of our valid confirmation criteria.
The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.
We hope that you bought this stock and still have the chance to profit from the later phase of the bullish attack. Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.
GameZnFlix registered additional 5.8 billion shares according to SB-2 today:
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4311413&Type=HTML
This will certainly provoke some more volatility short-term, but the best time to release more shares is when the stock is actively gaining to absorb the dilution.
Many have questioned this, but this is how penny stocks and micro-caps and even small caps make money - selling stocks.
With nationwide rollout with Circuit City and promising pipelines, I am certain GameZnFlix management is aware of the importance of sustaining share price of GZFX for future growth/income.
= update 03/30/06 =
Since many requested the source link, I found the link to the previously posted article and posted the chart used on the article.
fill_the_gap, nice article on GameZnFlix which is worth a repost. For those new to GameZnFlix, I would like to mention that Circuit City also partnered with a tiny new company several years ago called Netflix. ;)
http://www.marketvibrations.com/stock-market-analysis-recent.php?subaction=showfull&id=1143684453&archive=&start_from=&ucat=1&
A New Partnership: Circuit City and GameZnflix
Mar 29 2006 8:07:33 pm
Stock Market Analysis by Lonny Rosenfeld
When I wrote my first article on GameZnflix (OTC BB:GZFX) last November I stated that I very rarely write about penny stocks, but I thought this one had a lot of potential. So far I have proved myself to be correct. On Friday, March 24th Circuit City (CC) announced that is will go ahead with a nationwide release of the GameZnflix movie and rental service. In the fourth calendar quarter of 2005, the two companies tested offering the GameZnFlix services at a limited number of Circuit City Superstores and online at circuitcity.com. After concluding the tests, the services will now be expanded to include Circuit City Superstores across the United States and will continue to be available nationwide on Circuit City's website. (MARKET WIRE via COMTEX)
"We want to offer a variety of products and services to our customers and the GameZnFlix's program allows our customers to experience the convenience of renting both movies and games through the mail," said Bill Cimino, director of corporate communications for Circuit City.
The agreement calls for a rollout of GameZnFlix's service by offering prepaid service cards at each of Circuit City's Superstores. The agreement calls for adding between 45 and 110 locations each month until full deployment is reached prior to the 2006 holiday season. Financial terms of the agreement are not being disclosed.
"This relationship is a win-win for both companies," said John Fleming, chairman and chief executive officer of GameZnFlix, Inc. "Circuit City continues to prove to be one of the top destinations for movie-lovers and video gamers alike and by co-marketing with GameZnFlix, Circuit City can continue to fulfill its customers' needs by adding our rental services to its product line."
For those readers who are unaware of this company, GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
As anyone would expect, shares of GZFX received a huge pop at the open Monday morning. Shares surged more than 125% early in the day to trade at $.0209 on extremely heavy volume. As Monday progressed shares trimmed these gains in half. GZFX last traded Wednesday at $.0134, up 12.61% for the day. Trading for the first half of this week has been relatively predictable. Almost everyone had expected a big gain early Monday, followed by some profit taking later in the day and Tuesday. Wednesday was another day where many investors either bought back in after selling early Monday or others jumped off the sidelines to get in at a more reasonable price.
Given now that it is known that the Circuit City deal is in full effect, what does this mean for the future of GameZnflix? Clearly as I have stated months ago, the potential is truly there for this partnership to be a success. Circuit City has done its part; they have opened the door for a relatively unknown company. Now it is the job of GameZnflix to step up to the plate. This is the big leagues now, do not strike out.
I know many you reading this article are reading this because you are either share holders of this company, have been share holders, or you are thinking about becoming a shareholder. Remember this is a penny stock, so of course there is a high level of risk involved, but is that high level of risk a risk worth taking?
Looking at the 6-month chart above[below], there are very well defined support and resistance levels. These will be the areas that will dictate trade for the short term. There is currently resistance located at $.021; this was reinforced on Monday's trading when shares topped off at $.0209. There is also support located at $.012, this was the low of the day on Wednesday before shares bounced off this level and ended the day higher.
What can be expected of shares of GZFX over the course of the next few months? I would expect to see a lot of volatility as investors try to weigh the future of this company from any news releases concerning the Circuit City partnership. There is a strong likelihood that shares of GZFX will move significantly higher from their present level. Circuit City is no laughing matter, this company would not have reached out and extended its hands to GameZnflix if it did not think it would benefit as well from this deal.
This is truly a company to watch and it will be very interesting to see how this partnership evolves in the future.
I think it's no coincidence that the A/S was authorized to be increased to 25 billion shares at about the same time as the CC deal was finalized a few days back...
Mgmt. is surely aware of the amount of following their company stock had over the last few months since news about the deal fist came out in October...when things finally reached a "go-ahead" by CC this past week, I'm sure mgmt. predicted heavy buying interest, and saw that as the right time to introduce/authorize additional shares without any shareholder approval needed. This would enable them to increase O/S at will and release them into the market for additional capital.
Not syaing this is bad or anything....the capital could be used to pay down higher interest debt and other outstanding debts from financiers in the past...just pointing out that I think it was no coincidence that mgmt. authorized the A/S increase, at about the same time as the CC news was released.
good luck to those trading this....I still think it's best to trade the stock more than buy and hold...of course, most penny stocks are like that. ;)
Repost from Raging Bull MB by enaduotria 30 Mar 2006, 09:05 PM EST Msg. 232170 of 232173
READ so you can understand the filing...
Anybody notice this section in the SB-2:
The amount to be registered also
includes shares of common stock issuable upon exercise of the
warrants, as such number may be adjusted as a result of stock splits,
stock dividends and similar transactions in accordance with Rule 416.
Should the conversion ratio of our convertible debentures result in
our having insufficient shares, we will not rely upon Rule 416, but
will file a new registration statement to cover the resale of such
additional shares should that become necessary. In addition, should
a decrease in the exercise price as a result of an issuance or sale
of shares below the then current market price, result in our having
insufficient shares, we will not rely upon Rule 416, but will file a
new registration statement to cover the resale of such additional
shares should that become necessary.
This should put a nail in the coffin of these R/S utterings as of late!
Also the rate of potential dillution is very limited as GGI has agreed to not exceed 9.9% of the OS and there are substantial warrants associated with the conversion:
For example, if Golden Gate elects to convert $2,500 of the
convertible debenture, this would result in the issuance of
47,659,408 shares of common stock based on a current conversion price
of $0057. However, Golden Gate will not be entitled to convert the
convertible debenture unless it also exercises the a pro rata portion
of the warrant. In this situation, Golden Gate will be required to
exercise approximately 248,137 warrants at an exercise price of $1.09
resulting in $270,469 in funding for our company.
The selling stockholder has contractually agreed to restrict its
ability to convert or exercise its warrants and receive shares of our
common stock such that the number of shares of common stock held by
them and their affiliates after such conversion or exercise does not
exceed 9.9% of the then issued and outstanding shares of common stock.
Cheers
3800 SUBSCRIBERS!? :-\ :o
Malum2006,
Don't laugh at the 3800 subscriber number. You have to keep in mind that GameZnFlix is just starting out. Going nationwide with Circuit City and with the new website, the subscription numbers will increase in time. If I recall the subscription numbers from last years, 3800 may be almost 100%+ increase from Nov 05.
By my calculations, 3800x$10 (low average subscription plans) = $38,000/month to 3800x$15 (high average subscription plans) = $57,000/month (I used the $10/$15 to average the several plans they offer ranging from $8.99 to $16.99 to factor in that not everyone will use the low $8.99 or the high $16.99 plans).
Let's calculate the subscription increases from Circuit City deal going nationwide and the new website draws:
10,000 x $10 (low average) = $100,000/month 10,000 x $15 (high average) = $150,000
50,000 x $10 (low average) = $500,000/month 50,000 x $15 (high average) = $750,000
100,000x$10 (low average)=$1,000,000/month 100,000x$15 (high average) = $1,500,000
and let's say for long-term potential:
1 million x $10 (low average) = $10 million/month 1 million x $15(high average) = $15 million
I believe 10K - 50K subscribers is very doable with GZFX going national with Circuit City and with the new website (Keep in mind that GameZnFlix has not done any national ad campaign so far). If you take the average between $10/$15, you get the following:
10K-50K subscribers = $125,000/month to $625,000/month
If GameZnFlix subscription doubles every quarter as Circuit City goes nationwide starting with 5,000 subscribers, you will have:
Start 5,000
1Q 10,000
2Q 20,000
3Q 40,000
4Q 80,000
Even if GameZnFlix has 50,000 subscribers (using above averages), $625,000/month equals $7.5 million/year.
With 100,000 subscribers, $1.25 million/month equals $15 million/year.
This revenue does not factor in GameZnFlix's other pipelines and markets.
GZFX site is down!
It says please visit us after 2AM for some exciting changes!!! Here we go!
http://www.gameznflix.com/default.aspx?sp=all
Just checked out the new GZFX website. Fairly decent i suppose. Looks like they got some bugs to fix as it isn't working properly with firefox and lots of extended white space being taken up for no reason in both FF and IE.. Hopefully they clean it up before morning. I'll be interested to see how the croud reacts to the new shares issued in conjunction with the new website. If the recent SEC filing wasn't released this new web launch would have prob helped push through the .15 barrier. I wont be surprised to see a dip tomorrow.
Everytime we get somethin goin in pps GZFX has to go and pull some bull crap, or should i say bear crap ;)
-fous
Quote from: fous on March 31, 2006, 03:18:51 AM
Just checked out the new GZFX website. Fairly decent i suppose. Looks like they got some bugs to fix as it isn't working properly with firefox and lots of extended white space being taken up for no reason in both FF and IE.. Hopefully they clean it up before morning. I'll be interested to see how the croud reacts to the new shares issued in conjunction with the new website. If the recent SEC filing wasn't released this new web launch would have prob helped push through the .15 barrier. I wont be surprised to see a dip tomorrow.
Everytime we get somethin goin in pps GZFX has to go and pull some bull crap, or should i say bear crap ;)
-fous
*Cal slams his face into the desk*
Heh, I was so worked up over the new website, then I read the SB-2. I can't say I'm surprised, I mean, we all could have seen it coming anyways.
To be honest, I'm not really sure how things are going to go tomorrow, it'll be a very interesting day. I'm personally not reacting to the SB-2, I'm still holding.
But you're damn right, Fous, I was just thinking that we finally had something good going. The good news is that it appears that most of the uneasy shareholders have already sold off, so things may not be as reactive as they could be.
We'll see. Best of luck to all.
offical IR Link:
http://www.stockinformationsystems.com/c/gzfx/index.html
Does anyone here have the Premium Subsription? If so, do you recommend it? Thanks in advance.
Eddie
The focus now turns to the AAFES deal that is rumored for Monday.
That would push us way up.
The filing was nothing that has not been discussed. We knew they were selling some shares for cash. And they will not need Golden Gate as much now. Like many companies, they have GG as a back up plan. And the GG terms are better this time around.
Monday is the big day to see if they can deliver the major deal.
GZFX up over 8% in European market! And they are aware of the SB-2 filing!
http://finance.yahoo.com/q/bc?s=PQJ.BE&t=5d
If you look at the 5 day chart, the European market has been an accurate indication of what will also happen in the US market.
0.013 Euro = $0.01577 US Dollar (1 Euro = 1.21 US dollar)
I am also anticipating similar gains for GZFX in the US market. ;)
Price is dropping pre-market. Bid now .0139, ask .014.
GZFX BUY confirmed! Thanks penny_gold3 for the link from Raging Bull MB: Msg. 232051 of 232071
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GZFX&MarketTicker=OTC&TYP=S
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 03.15.2006 (15) days ago, when the stock price was 0.0103. Since then GZFX has gained 48.54% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0137 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. It opened today with a gap-up and the day's activity resulted in a close higher than the open. This is one of our valid confirmation criteria.
The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.
We hope that you bought this stock and still have the chance to profit from the later phase of the bullish attack. Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.
I anticipate more market open selling like yesterday with a rebound in the afternoon.
I am buying more on dip! ;)
shaking going on this morning whos going to give ? not me . ;D :)
handyman
= update = $0.0131 - $0.0132 looks like the bottom and a good buy point.
= update = going back up! Now $0.0136.
= update = Now $0.014.
= update = Now $0.0145 and over 90 million shares traded in 20 minutes!
Ok, new GameZnFlix website is up now. Much cleaner and "right to the point".
http://www.gameznflix.com/
I would add today for sure if cash were available. My position is maxed out in GZFX.
If AAFES hits Monday-Tuesday, we head over 2 cents, imo.
Today has held up well. They should be done with filings for awhile.
We head up from here, imo. ;D
Fill_the_gap,
Let me start by saying thanks. I appreciate your analysis and comments on this one.
What makes you believe there will be AAFES as soon as Mon or Tues? I was under the impression the AAFES deal could take a while to develop.
-YMTP
Haven't been following closely and bluntly asking naive question as newbie...
With the billions of outstanding shares (up to 25??) isn't this unlikely to trade much higher whatever the news...even if earnings skyrocket?
Quote from: garym on March 31, 2006, 01:26:40 PM
Haven't been following closely and bluntly asking naive question as newbie...
With the billions of outstanding shares (up to 25??) isn't this unlikely to trade much higher whatever the news...even if earnings skyrocket?
first, there aren't 25B o/s...there are still only 3.2B....they just have 25B accessible shares, and hopefully they'll keep those locked in the kitchen pantry next to the twinkies™
$0.0153 and going green! Here we go!
= update = $0.0155 and heading up with over 218 million shares traded! We still have another hour of trading left! How high will GZFX close today? ;)
.016 and going higher!
Wow, what a day for GZFX!
With the concern for SB-2, share price dropped to $0.0131, but GZFX made a very strong recovery and tested $0.016 and closed green at $0.0155 while trading 262 million shares! What strength in this stock! (BTW, it was a down day for Dow and Nasdaq) ;)
I am not sure how many of those that sold bought back at a higher price, but this is an awesome demonstration of buying pressure overwhelming the sellers. Very nice!
With the concern for SB-2 affecting share price (and it did this morning) behind us, clear skies next week!
According to fill_the_gap, news of AAFES deal is due out soon and the new website looks very "clean and to the point!"
I am all smiles as we anticipate Monday's market open! :D
Have a nice weekend everyone!
Great day today, I'm really impressed.
I bought earlier this morning at 0.0143, so I'm maxed out now as well. I was really surprised with how things rebounded today, and things are looking up from here. >:D
Newbie here. I bought in at about .014 100k shares and at .013 50k shares earlier in the week. I tried to get more late today at .0146 but couldn't. I really like this stock. Anyone have any predictions for Monday and the rest of next week?
Have a great weekend all!
fluxanimator,
With the SB-2 concern behind us, GZFX will gain steadily towards $0.02 and test that point. Once GZFX breaks through $0.02, then open skies next week.
I hope so! I'm in for a while with this one. I really think they'll take off later this year.
I think I'm gonna sign up for service with them this weekend. Rent some Xbox 360 games. They don't have them at Blockbuster. Anybody a member yet? How's the service?
Thanks
56% buy
http://quote.barchart.com/texpert.asp?sym=GZFX
Do they have psp games?
stockontop, they sure do! Check out their new website:
http://www.gameznflix.com/
Quote from: LiveLife on March 31, 2006, 04:02:59 PM
Wow, what a day for GZFX!
Fully agree LL! i was fully ready for the retracement that i anticipated this morning but wasnt at all thinking that we were gonna finish above yesterdays close. Im impressed with the buying power that drove pps up even after the possibility of diluting more than double the current O/S shares. Looking foward to see if the rumors are true about the military deal on monday.
Quote from: fluxanimator on March 31, 2006, 06:45:46 PM
Anybody a member yet? How's the service?
Thanks
Hey Flux,
I signed up for the free trial back in December. I live in corvallis, oregon and the nearest distribution center is near san diego i think. It took about 5 days for the movies to arrive. So it was a bit of a long wait. So expanding distribution centers needs to be a top priority for GZFX to sustain a member base. For a comparison, My girlfriend has Netflix. She will request a movie and it will be here the next day. Though it is hard to compare the 2 companies at the moment based on size. Because GZFX has only 5 distribution centers i believe, Netflix has somewhere around 40. On service, from where i live, Netflix has a lot more value. There is a distribution center for netflix about an hour away from me in salem,Oregon so this is why the movies arrive so fast. So in order for GZFX to be able to compete. They need to expand there distribution centers to allow for faster service. Which is what they plan on doing throughout 06 and will definatley need to do to be able to service the demand from CC advertisement. So all in all, as of december, i wasn't too pleased with their service when i compare it to NETFLIX. But GZFX just started up there company so i dont expect them to be doing as good a job as NFLX. GZFX has a lot of potential and plenty of time for growth and expansion.
Quote from: stockontop on March 31, 2006, 10:19:41 PM
56% buy
http://quote.barchart.com/texpert.asp?sym=GZFX
Hey stockontop,
I wouldn't pay much attention to what those Barchart.com statistics say. Its a load of BS imho >:D. Basically if a stock is moving up alot on volume. It will say 100% buy. And yes, GZFX does have PSP games
have a great weekend everyone :)
-fous
Thanks for the confirmation fous! ;)
stockontop, barchart.com uses "latent" technical analysis tools and Moving Day Averages so the composite of these indicators will not be accurate for short-term trading. I used to use barchart.com but found their indicators weren't that useful. Now, I only use them for resistance/support. http://quotes.barchart.com/texpert.asp?sym=gzfx
That's why I developed the Short-term Swing Trading Template using more accurate technical/MA indicators. Be sure to use the Template for high volume (at least 1 million/day) and trending stocks that are listed (NYSE/Nasdaq/AMEX). Penny stocks are often too volatile in nature to be accurately followed technically. ;) Just take a look at recent GZFX activity!
I posted a blank Short-term Swing Trading Template for you to use. You can learn more about Swing Trading and the Short/Mid-term/Rotational Templates here: (4th post from top) http://www.3stocksonfire.org/trading/index.php?topic=3635.600
I want to stress this point and even include it in the short/mid-term template instructions. To effectively swing trade, you must identify stocks that are trending with the technicals (price rise/fall cycles follow MACD/RSI/Volume cycles).
You can tell whether the stock is trending or not by looking at the chart trend. If you look at the BUY/SELL chart below of HEB, you can clearly see that this is a trending stock because the price rise/fall cycles follow the MACD/RSI cycles very closely. To swing trade, you follow the swing trading template and BUY (Blue points) and SELL (Red points).
The BUY points represent MACD bottoming with matching RSI bottoming AND with rebounding price. The SELL points represent MACD peaking with matching RSI and price peaking.
Here's a sample stock chart link with MACD/RSI/Time already set for short-term swing trading: (3SOF won't let me post the modified stockchart.com link - so copy/paste the entire address below) http://stockcharts.com/h-sc/ui?c=gzfx,uu[l,a]daclyyay[db][pb5!b20][vc60][ilb14!la12,26,9]
There's a lot of questions on various finance MBs regarding Monday and next week.
This is my take.
Based on this week's performance, momentum for GZFX is building with tremendous buying pressure, as demonstrated all this week, especially Friday!
I anticipate that this buying pressure and the buzz of "GameZnFlix the next Netflix" will gap up GZFX on Monday premarket and market open.
For many, sentiment is that at current prices, this is the "ground floor" for GZFX as a stock as many who bought lower (say, sub-$0.01 mark) already took profit and those holding GZFX shares now bought at $0.01 - $0.015 range. What this means is that these new buyers will not sell GZFX at loss and will hold for much higher gains. GZFX has been trading in 1/100th of a penny increments. I believe GZFX will trade in 1/10th of a penny soon. Will GZFX trade in one penny increments? If GZFX continues to gain, it will.
I anticipate $0.02 will be tested soon (perhaps early next week) and once GZFX breaks through the $0.02 point, open skies for gains. $0.02, here we come!
As always, time will tell. ;)
Quote from: vista on April 01, 2006, 09:59:07 PM
I looked into this stock. I found their company "headquarters":
1535 Blackjack Road
Franklin KY 42134
Per the USPS website, this is a residential address aka someones house. They dont even have an "office". Shouldnt this concern people? This is some guy working out of his home!
That is John's address per the registration. They have an office downtown Franklin. They also have distribution centers scattered throughout the US.
No reason to be concerned as many have visited the offices.
We may break the .0209 this week, imo.
OMG vista! ROFLMAO!!!
Would a large corporation such as Circuit City do business on a nationwide scale with someone who is working out of a house?
Oh my, you are too funny! ;D
Thanks for the laugh!
I have been following this for a while. To be honest, stocks with a price this low scare me....I mean, they are at that price for a reason. But, with that said, It looks like things are going to happen pretty soon. Is it hard to get shares? What should I put my limit order in at? I am thinking of $10K or am I being a little to risky?
Quote from: vista on April 01, 2006, 09:59:07 PM
I looked into this stock. I found their company "headquarters":
1535 Blackjack Road
Franklin KY 42134
Per the USPS website, this is a residential address aka someones house. They dont even have an "office". Shouldnt this concern people? This is some guy working out of his home!
Geez....where do you guys come from ???...........lol.......have you any idea how much DD has been put into this thread ??....we all know more about this Company than we know about our neighbors Vista... ::) :o....I am always curious how much you guys get paid...maybe we will all become "Vistas".......maybe it is more lucrative...LOL ;) ;D
Quote from: jsintexas on April 01, 2006, 10:47:52 PM
I have been following this for a while. To be honest, stocks with a price this low scare me....I mean, they are at that price for a reason. But, with that said, It looks like things are going to happen pretty soon. Is it hard to get shares? What should I put my limit order in at? I am thinking of $10K or am I being a little to risky?
In my mind the dollar amount shouldn't be the question! I invest/trade minimum of 3% to a maximum of 15% of my total trading dollars + value of stocks at that time. Example: Say you have $40,000.00 invested in equities. $60,000.00 in cash. The value of your account is $100,000.00. Invest between $3,000.00 and $15,000 in each investment, 3% to %15. I've learned from experience and from 3stocksonfire not to place all your investments in one place. Where penny stocks are being played, I would stick closer to the 3%.
If all you have is $10,000.00 in investment dollars., I would still stick to a similar plan. You could lose 50 to 75% in penny's quickly. Personally, I wouldn't invest over $1500.00 in a penny with $10,000 in cash and stocks
Good luck
john b mcginnis,
Yes, penny stocks are often volatile and should only be "speculated." However, unlike many penny stocks that don't have any marketed products/services, GameZnFlix already has marketed products/services. The reason why Circuit City went nationwide with this tiny startup company (like they did with Netflix several years back) is because Circuit City was confident that GameZnFlix can handle the increased DVD/game rental/sales volume the national rollout would bring.
Just think of all the questions Circuit City executives asked before going nationwide with GameZnFlix. So ask yourself the same question, "Why did Circuit City go nationwide with GameZnFlix?" I believe the answers are obvious.
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.660#bot
The GameZnFlix deal with AAFES (Army & Air Force Exchange Service) is not a rumor and announcement should be released soon. http://www.aafes.com/
GameZnFlix already has US millitary discount program: (If you are active duty/veteran/reserves/National Guard/Coast Guard, you and your family members will pay a LOWER monthly rates than the regular rates)
http://www.gameznflix.com/default.aspx?content=affiliate/military
http://benefits.military.com/misc/DC/DealCategories.jsp?cat_id=201
http://www.militaryspot.com/military-discounts.htm
http://www.iraqwarveterans.org/military_discounts.htm
http://www.4militaryfamilies.com/servicediscounts.htm
http://www.oconus.com/main/sales.asp
John Fleming, CEO/President and GameZnFlix, Inc. have maintained a long term relationship and appreciation for US military. As such, with Military.com, GameZnFlix has maintained the US military discount program since June of 2004. (Since this was posted in 2004, subscription prices are presently lower and plans are slightly different)
http://www.military.com/NewContent/0,13190,GameZnFlix1_062204,00.html
FRANKLIN, Ky., June 29 /PRNewswire-FirstCall/ -- GameZnFlix, Inc. (OTC Bulletin Board: GZFX) announces the launch of its "Thank You to the Military" campaign.
http://sev.prnewswire.com/computer-electronics/20040629/LATU07429062004-1.html
John Fleming, CEO/President of GameZnFlix, Inc. stated, "We are pleased to officially launch our "Thank You to the Military" campaign. We have spent several months developing a military discount program as a way of saying thanks to those men and women who serve."
"Our campaign involves directed advertising campaigns at major military installations, as well as a renewable 90 day advertising contract with Military Advantage (http://www.military.com/). We are confident that this venture will contribute to the growth of GameZnFlix, Inc."
Military.com is the largest online military destination, with over 3 million monthly unique visitors and 3.6 million members.
"We salute GameZnFlix for thanking all those who have answered the call to serve," said Christopher Michel, President of Military Advantage.
My repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.660#msg54869
There's a lot of questions on various finance MBs regarding Monday and next week.
This is my take.
Based on this week's performance, momentum for GZFX is building with tremendous buying pressure, as demonstrated all this week, especially Friday!
I anticipate that this buying pressure and the buzz of "GameZnFlix the next Netflix" will gap up GZFX on Monday premarket and market open.
For many, sentiment is that at current prices, this is the "ground floor" for GZFX as a stock as many who bought lower (say, sub-$0.01 mark) already took profit and those holding GZFX shares now bought at $0.01 - $0.015 range. What this means is that these new buyers will not sell GZFX at loss and will hold for much higher gains. GZFX has been trading in 1/100th of a penny increments. I believe GZFX will trade in 1/10th of a penny soon. Will GZFX trade in one penny increments? If GZFX continues to gain, it will.
I anticipate $0.02 will be tested soon (perhaps early next week) and once GZFX breaks through the $0.02 point, open skies for gains. $0.02, here we come!
As always, time will tell. ;)
Quote from: LiveLife on April 02, 2006, 12:28:37 PM
john b mcginnis,
Yes, penny stocks are often volatile and should only be "speculated." However, unlike many penny stocks that don't have any marketed products/services, GameZnFlix already has marketed products/services. The reason why Circuit City went nationwide with this tiny startup company (like they did with Netflix several years back) is because Circuit City was confident that GameZnFlix can handle the increased DVD/game rental/sales volume the national rollout would bring.
Just think of all the questions Circuit City executives asked before going nationwide with GameZnFlix. So ask yourself the same question, "Why did Circuit City go nationwide with GameZnFlix?" I believe the answers are obvious.
Livelife, I agree with you, the answers are obvious. GameZnFlix is going places. But, my point was not to place all your investment dollars in one place especially penny's I don't care how good the company appears as a spectulation/investment. I have about 5% in GZFX and I might even add some, but I do remain on the conservative side. That's how I keep my investment dollars. I do read and take in your posts on GameZnFlix.
Thanks
john b mcginnis, thanks for your comments. Yes, I agree with you, "speculating" in penny stocks should be done with portion of your portfolio that you can part with. Those that understand the risk of volatility in penny stocks, should do so with this in mind. ;)
My repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg54973#msg54973
There's been a lot of discussion on various finance MBs regarding GZFX as the stock price approaches the previous "high" mark of $0.02 (this often is the case as stocks actively approach 52 week highs as well).
Certainly, with GZFX's last week's rebounding performance and as the word spreads of Circuit City going nationwide with GameZnFlix, much discussion about this "potentially the next Netflix" company will take place and new buying interest grow.
On this Swing Trading MB thread, I normally only focus on listed stocks with very high volume and never covered a penny stock, with the exception of GameZnFlix. The reason why I have covered GameZnFlix previously and now hold 100% of my position in GZFX is because I see the growth potential of this company and at current prices, I believe it is the "ground floor" entry point for this stock.
As we often see with penny stocks (with most having no products or services they market), with any positive "rumor" or "PR/news/products/services/contracts/etc." they can climb easily to several hundreads to often thousand percent gains in very short period of time. GameZnFlix with the Circuit City nationwide deal has established itself as a "national" entity with definite products and services. At just over a penny, the stock price is cheaper than cheap.
I have seen penny stocks go from pennies to over a dollar and beyond with less news/PR/prducts/services than GameZnFlix. Instead of moving several or tens of millions of share in volume, GZFX has been moving hundreds of millions of shares in volume. There are people buying GZFX in blocks of $10,000 - $40,000+ every day. Why? Why would they risk so much money on a mere "penny stock?" And why so many here at 3StocksOnFire like myself vested 100% in this stock? I have my reasons, and so do many others who chose to buy so much of this stock.
What will happen to GZFX in the coming days and weeks? I believe as GZFX has demonstrated this week of very strong buying pressure overwhelming sellers and gaining steadily throughout the week, I anticipate GZFX gaining steadily into next week.
I believe many wanting to take profit have already done so, only to see GZFX continuing to climb and perhaps bought back at higher prices. My sentiment is that those holding GZFX shares now bought at $0.01 - $0.015+ range and will hold for much higher gains before selling. As $0.02 mark approaches, there may be some profit taking, but once GZFX breaks through the $0.02 mark, I anticipate GZFX climbing much higher, perhaps trading in 1/10th of penny increments.
Will GZFX trade in one penny increments? I have seen other penny stocks do it on less products/services/news/PR, so it is very possible that if GZFX continues to gain, it will.
I am all smiles and look forward to Monday's market open. ;)
fill_the_gap, nice article on GameZnFlix which is worth a repost. For those new to GameZnFlix, I would like to mention that Circuit City also partnered with a tiny new company several years ago called Netflix. Wink
http://www.marketvibrations.com/stock-market-analysis-recent.php?subaction=showfull&id=1143684453&archive=&start_from=&ucat=1&
A New Partnership: Circuit City and GameZnflix
Mar 29 2006 8:07:33 pm
Stock Market Analysis by Lonny Rosenfeld
When I wrote my first article on GameZnflix (OTC BB:GZFX) last November I stated that I very rarely write about penny stocks, but I thought this one had a lot of potential. So far I have proved myself to be correct. On Friday, March 24th Circuit City (CC) announced that is will go ahead with a nationwide release of the GameZnflix movie and rental service. In the fourth calendar quarter of 2005, the two companies tested offering the GameZnFlix services at a limited number of Circuit City Superstores and online at circuitcity.com. After concluding the tests, the services will now be expanded to include Circuit City Superstores across the United States and will continue to be available nationwide on Circuit City's website. (MARKET WIRE via COMTEX)
"We want to offer a variety of products and services to our customers and the GameZnFlix's program allows our customers to experience the convenience of renting both movies and games through the mail," said Bill Cimino, director of corporate communications for Circuit City.
The agreement calls for a rollout of GameZnFlix's service by offering prepaid service cards at each of Circuit City's Superstores. The agreement calls for adding between 45 and 110 locations each month until full deployment is reached prior to the 2006 holiday season. Financial terms of the agreement are not being disclosed.
"This relationship is a win-win for both companies," said John Fleming, chairman and chief executive officer of GameZnFlix, Inc. "Circuit City continues to prove to be one of the top destinations for movie-lovers and video gamers alike and by co-marketing with GameZnFlix, Circuit City can continue to fulfill its customers' needs by adding our rental services to its product line."
For those readers who are unaware of this company, GameZnFlix is a company that offers video games/DVDs for rental or purchase on the Internet with access to over 40,000 titles. With four different membership levels beginning at $8.99 a month to annual membership with an average price of $20.75 per month, subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
As anyone would expect, shares of GZFX received a huge pop at the open Monday morning. Shares surged more than 125% early in the day to trade at $.0209 on extremely heavy volume. As Monday progressed shares trimmed these gains in half. GZFX last traded Wednesday at $.0134, up 12.61% for the day. Trading for the first half of this week has been relatively predictable. Almost everyone had expected a big gain early Monday, followed by some profit taking later in the day and Tuesday. Wednesday was another day where many investors either bought back in after selling early Monday or others jumped off the sidelines to get in at a more reasonable price.
Given now that it is known that the Circuit City deal is in full effect, what does this mean for the future of GameZnflix? Clearly as I have stated months ago, the potential is truly there for this partnership to be a success. Circuit City has done its part; they have opened the door for a relatively unknown company. Now it is the job of GameZnflix to step up to the plate. This is the big leagues now, do not strike out.
I know many of you reading this article are reading this because you are either share holders of this company, have been share holders, or you are thinking about becoming a shareholder. Remember this is a penny stock, so of course there is a high level of risk involved, but is that high level of risk a risk worth taking?
Looking at the 6-month chart above[below], there are very well defined support and resistance levels. These will be the areas that will dictate trade for the short term. There is currently resistance located at $.021; this was reinforced on Monday's trading when shares topped off at $.0209. There is also support located at $.012, this was the low of the day on Wednesday before shares bounced off this level and ended the day higher.
What can be expected of shares of GZFX over the course of the next few months? I would expect to see a lot of volatility as investors try to weigh the future of this company from any news releases concerning the Circuit City partnership. There is a strong likelihood that shares of GZFX will move significantly higher from their present level. Circuit City is no laughing matter, this company would not have reached out and extended its hands to GameZnflix if it did not think it would benefit as well from this deal.
This is truly a company to watch and it will be very interesting to see how this partnership evolves in the future.
Quote from: LiveLife on April 02, 2006, 12:46:08 PM
My repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.660#msg54869
There's a lot of questions on various finance MBs regarding Monday and next week.
This is my take.
Based on this week's performance, momentum for GZFX is building with tremendous buying pressure, as demonstrated all this week, especially Friday!
I anticipate that this buying pressure and the buzz of "GameZnFlix the next Netflix" will gap up GZFX on Monday premarket and market open.
For many, sentiment is that at current prices, this is the "ground floor" for GZFX as a stock as many who bought lower (say, sub-$0.01 mark) already took profit and those holding GZFX shares now bought at $0.01 - $0.015 range. What this means is that these new buyers will not sell GZFX at loss and will hold for much higher gains. GZFX has been trading in 1/100th of a penny increments. I believe GZFX will trade in 1/10th of a penny soon. Will GZFX trade in one penny increments? If GZFX continues to gain, it will.
I anticipate $0.02 will be tested soon (perhaps early next week) and once GZFX breaks through the $0.02 point, open skies for gains. $0.02, here we come!
As always, time will tell. ;)
LiveLife, Excellent posting as usual !
I have felt alone with 1-2 posters on this thread for months. It feels great to have GZFX catching some attention.
I have a giant portion of my portfolio in GZFX. After following day to day for over a year now, the comfort level is higher than most trades.
This is the week that will make it all worthwhile, imo.
The beauty is that the bad news is behind us for now. They authorized billions of shares and also sent some outstanding. So here we sit with all the negative behind us.
Now is the time for GZFX to run on some positive news.
From I-Hub board.
Posted by: firefight4
In reply to: yoloinvest who wrote msg# 139787 Date:4/1/2006 12:30:42 PM
Post #of 140367
yolo, GZFX website- 3 affiliates listed, go to the gameznflix website and look in the blank space above the toolbar, start to right-click with your mouse in the blank area, after you right-click, hit the properties link and you will see the following....
CC is affiliate #1...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate1_blank.gif
CentricMall/AAFES is affiliate #2....
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate2_blank.gif
Who could affiliate #3 be hmmmmmm....to find this one right-click just above the "GnF" logo...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate3
They will announce AAFES this week, imo. ;)
And they never announced the new website. So that may also hit the wire. But AAFES is the deal that will move the stock over 2 cents, imo.
Thanks for the comments fill_the_gap!
Believe me, you are not alone right now! ;D
May be 3StocksOnFire should consider being an affiliate with the traffic they receive. hmmmm. ;)
When you click the GnF symbol on the right with the little disc under it the next page says....."Coming Soon......Streaming GNF Entertainment Network"....what a ride this may turn out to be..... :o 8)
RJ, yes, I can't wait for the GnF Entertainment Network!
This is one of many pipelines GameZnFlix is developing, "the GnF Entertainment Network" - the future of media entertainment, Video-on-demand (VOD).
http://biz.yahoo.com/iw/060328/0115059.html
Power to the people - Niche channels. Video-on-demand. Movies, music and classic shows. All on your TV or computer. And cheaper than cable and satellite services.http://www.sptimes.com/2006/04/02/Business/Power_to_the_people.shtml
By DAVE GUSSOW, Times Staff Writer
Published April 2, 2006
Lacrosse TV, anyone?
The sport doesn't have the mass appeal of football, baseball or basketball, so no network or cable channel features it. But to Charles Prast, it's perfect for Internet TV.
Lacrosse has 150,000 passionate fans in the United States, says Prast, chief executive of ITVN, an Internet television service. And many of those fans are willing to pay $9.95 a month to watch their favorite matches.
"It's inexpensive to develop a network in conjunction with the National Lacrosse League," Prast said. "It's not too expensive to market. I know which Web sites they go to, which magazines they read."
If a couple hundred channels on cable or satellite aren't enough, consider that Internet TV could provide thousands covering every niche imaginable, from lacrosse and sailing to cooking, street racing and music.
Technically known as Internet protocol TV, or IPTV, it's much more than a tiny window on a computer screen showing a grainy, herky-jerky video. It goes far beyond networks offering popular shows for downloading.
In the last year or so and picking up speed in recent months, companies have begun offering specialized programming that would never compete for a channel on cable or satellite. But, experts say, Internet TV could end up competing with cable and satellite providers for viewers because of its potentially expansive offerings and low prices.
Lacrosse isn't ITVN's only offering. It has thousands of old movies (think black and white and stars such as Douglas Fairbanks Jr. and Charlie Chaplin), hundreds of music choices and, being the Internet, adult content (think XXX and parental controls).
Companies wouldn't give out details on the number of subscribers. Prast says ITVN's main audience is men 20-45 years old, and his main focus is signing up more content providers.
It's using the Internet as a TV network, or more precisely networks. And, in cases such as ITVN, it doesn't even require a computer, just a high-speed Internet connection and a home network to stream the video directly to a TV.
For ITVN, for example, people have to buy a set-top box for $99.95. It connects to a router used for a high-speed home network and a TV. When they sign up for the service, they can choose to subscribe to channel "bundles." A basic package for $4.95 a month includes classic movies, a selection of live channels and radio. Premium channels are lacrosse ($9.95) and XTV (adult, $29.95).
When they turn on their TV and the ITVN set-top box, they will see buttons for the channels they pay for, and a remote control with the system makes it work.
"If you're going to distribute entertainment to people, you should distribute it on a platform that they are comfortable with in the simplest fashion possible," Prast said.
DAVE.TV uses its own media center software, which users have to download. Once the programming is on the computer, it can be viewed on the computer monitor or streamed over a home network to a TV set. It also plans a set-top box and a mobile device. Some programming is free and supported by ads, while other programming is offered on a pay-per-view model.
A growing number of companies such as ITVN, DAVE.TV and others hope that what the Internet did for access to information, it also will do for TV. Instead of networks setting the schedule, viewers could choose what they watch, when they watch and even the device they use to watch.
"The Internet has finally proved itself as a reliable medium for providing high-quality entertainment," said Colin Dixon, senior analyst at the Diffusion Group research firm in Dallas. "I think that point is a very important one for content providers because they finally see a way to get a one-on-one relationship with their viewers."
And people are interested, even if they don't have a lot of information about Internet TV services, which in many cases are only months old, according to a recent Harris Interactive survey.
About a quarter of the respondents expressed interest for IPTV on their TV and 19 percent would use it on their computers. The reasons for the interest ranged from saving money because it's less expensive than cable and satellite (42 percent), on-demand viewing (33 percent) and broader variety of programming (24 percent).
Seventeen percent say they would cancel cable and satellite subscriptions, while two-thirds say they would keep their service and try IPTV.
"Internet protocol TV, in general, will present a degree of competition initially for satellite-delivered TV," Prast said, because it provides video-on-demand and satellite doesn't.
Prices vary from service to service, but some offer bundles of channels for as little as $4.95 a month, with premium channels, including some adult content, at $9.95. Pay-per-view options are available.
DAVE.TV calls itself a content portal. People who want to offer video or music can sign on as partners under a revenue sharing agreement. They control the content, not DAVE.TV, and the portal sells advertising.
In DAVE.TV's case, programming is managed through a software media center. But with home networks, that can mean streaming video from the computer to a TV. And some can be accessed free.
"DAVE.TV is next-generation TV," said company founder Ken Lipscomb. "By being on the Internet, we can have millions of customers."
The idea of combining TV and the Internet is not new, but the technology wasn't ready. More homes now use high-speed cable or DSL Internet access, and faster home networks can handle quality video transmissions, said Eric Deming, in charge of wireless products for Linksys, which provides products and support for sharing information via the Internet. "People do want to stream video from a PC to a TV," Deming said. "Either content they've created or content they've downloaded."
Yet technical hurdles remain, and some are skeptical about how quickly video will become part of what is referred to as convergence, where devices work together so consumers can easily move data and entertainment around.
"I can tell you from experience that video is a huge problem for PCs," Citigroup analyst Tom Berquist said in a recent article. "It's very, very large in terms of bandwidth requirements, and it's huge in terms of storage requirements."
In addition to startups like ITVN, Microsoft, Intel, Yahoo, Google and others are working on various ways to turn the Internet into a distribution point for video.
That will challenge cable, satellite and increasingly phone companies. And it is setting up a potential fight. Companies such as AT&T and Verizon have said they should be able to charge an extra fee to Web sites that use a lot of bandwidth.
Prast of ITVN isn't worried about such threats. For one thing, Prast said, competition between providers will give consumers a choice. He thinks his costs will remain low.
"We don't have to pay for satellites in the air," Prast said. "We don't have to pay for cable in the ground."
As for the viewer experience, Prast thinks services that cut through the clutter will win. The potential for confusion with virtually unlimited channel choices is substantial.
Diffusion analyst Dixon thinks major potential exists for some company to develop an online, searchable TV guide.
"The one piece you need is a unified guide," Dixon said, "that helps you find everything in this tidal wave of content that's coming."
Dave Gussow can be reached at
[email protected] or 727 445-4165.
The above article should explain why GameZnFlix recently acquiring 170 Television shows for their GnF Entertainment Network is so significant. It demonstrates the future roadmap GameZnFlix management is taking to secure the company's future. Nice, very nice.
Now I really can't wait for market to open on Monday! $0.02, here we come!
http://biz.yahoo.com/iw/060328/0115059.html
GameZnFlix, Inc. Acquires 170 Television Shows for GnF Entertainment Network
Tuesday March 28, 4:15 pm ET
FRANKLIN, KY--(MARKET WIRE)--Mar 28, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video game and DVD movies for rent or purchase, has purchased content for its GnF Entertainment Network. This past week the company accepted delivery and full rights to 170 television shows. GnF Entertainment is currently broadcasting to over 2 million satellite dishes across North America.
"This purchase of 170 shows is the beginning of our plan to obtain rights to all kinds of content. By purchasing these shows and possibly acquiring more, we hope to ensure that we can offer titles to our customers via many different means of distribution," John Fleming, CEO of GameZnFlix, Inc. "This represents another step towards meeting one of the company's goals of providing movies and games through video-on-demand or, potentially, any other media."
In addition to the above, the following milestones represent areas of development that the company is currently working on for 2006.
* Continue the current advertising campaign targeting the online user and
rural communities across the country.
* Research and development to identify future product delivery platforms.
* Sponsorship and endorsement programs.
* Possible expansion into Canada and the United Kingdom.
I think that this has alot of potential, looking to jump in tomorrow.
Question, with a current market cap of 51 million, has anyone thrown out any predictions on this subject?
Good morning,
Premarket bid/ask already at $0.0159 and $0.016!
Looks promising this week!
Wonder why it is going down? ???
STTK is pulling buyers from a lot of stocks this morning.
Don't worry, STTK's RSI is almost 90 with MACD peaking. When STTK takes profit, they will normalize other stock prices, including GZFX. IMHO. ;)
http://www.3stocksonfire.org/trading/index.php?topic=3635.675#bot
Quote from: LiveLife on April 03, 2006, 09:28:48 AM
Good morning,
Premarket bid/ask already at $0.0159 and $0.016!
Looks promising this week!
Hey, LL, kinda wonder where you get this premarket info. there is no such thing as an after market or premarket otcbb. it's the manager closing up his books.
secondly, the new site news is now out...now we only have one more huge p.r. to go...
GameZnFlix, Inc. Launches Updated WebsiteE-mail | Print | | Disable live quotes Last Update: 11:55 AM ET Apr 3, 2006
FRANKLIN, KY, Apr 03, 2006 (MARKET WIRE via COMTEX) -- GameZnFlix, Inc. (GZFX : gameznflix inc com
News , chart, profile, more
Last: 0.02+0.00+0.65%
11:41am 04/03/2006
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GZFX0.02, +0.00, +0.6%) , an online provider of video game and DVD movies for rent or purchase, launched its updated website last week.
"The new website brings many new features and greater speed to assist our members in finding and managing their accounts. Our IT department has spent the past year building the website and we held its release for outside testing and for business purposes," said John Fleming, CEO of GameZnFlix, Inc. "In the near future we will be adding other membership advantages, like books, music and audio books. These products are still in testing and we wanted get the website up to allow our members to enjoy the current improvements like the 'advance search'; title information popup; and account management. We are also previewing the GnF Entertainment Channel on the website (logo link on the platform line of the home page). This represents another step towards meeting one of the company's goals of providing movies and games through video-on-demand or, potentially, any other media."
GameZnFlix is a company that offers video games/DVD movies for rental or purchase on the Internet with access to over 40,000 game and movie titles. With different membership levels beginning at $8.99 a month subscribers can rent a combination of both video games and/or DVD movies with no late fees or due dates or members can purchase video games and/or DVD movie titles at a membership discount.
Pick your movie format: Download or DVD
By Mike Snider, USA TODAYMon Apr 3, 7:00 AM ET
For the first time, Hollywood is making its latest movies available for download the same day DVDs arrive.
The first movie to receive simultaneous DVD and download treatment will be Brokeback Mountain, available Tuesday at Movielink (www.movielink.com). Now playing on the service, launched today, are recent releases King Kong, Memoirs of a Geisha, Pride & Prejudice, Rent and Harry Potter and the Goblet of Fire.
"For the first time, consumers have the ability to not just rent a (downloadable) major motion picture from the major Hollywood studios but to own them," Movielink CEO Jim Ramo says. Consumers will pay for the convenience. New films such as Brokeback, King Kong and Memoirs of a Geisha will cost $20 to $30; older films such as Jaws, Easy Rider, To Kill a Mockingbird and The Sting will cost $10 to $16. By comparison, new DVD releases often are discounted as low as $14.
Until now, only a few of Hollywood's latest films have been available online - typically weeks after they have hit DVD - but usually only for rental on sites such as Movielink, CinemaNow and Starz's Vongo. Movielink's announcement beats to the punch a similar service scheduled to launch in the UK next week by movie site Lovefilm, Universal and America Online. Online retailer Amazon also is reportedly talking with studios about the idea.
"We're probably three to five years away from any huge market, but early adopters are very interested," says Mike McGuire of Gartner Research.
Movielink's downloads will be of lesser quality than DVD but comparable to that of digital cable and satellite TV, Ramo says. "It certainly looks good on a notebook computer, desktop computer and a TV."
It takes about an hour to download a film, but it can be viewed within minutes. Customers can burn copies to DVD, but the movies, which are in Windows Media format, can't be played on standard DVD players. Downloads can be transferred to up to two PCs. A copy can be transferred to a laptop, but not to an iPod or Sony PSP, though eventually it will be compatible with Microsoft-supported portables.
Studios that will supply films to Movielink include Universal, Warner Bros., Paramount, Fox, Sony and MGM. Talks continue with other studios, Ramo says.
"The smartest people in Hollywood realize that they are not in the movie business; they are in the content business," says Shelly Palmer, author of Television Disrupted: The Transition from Network to Networked TV. "It is their job to listen to their customers and deliver content in form factors that consumers want."
With the potential and past news of GZFX, I wonder why it is actually down today? I thought at least it would be up! ??? >:(
is today supposed to be a low vol. consolidation day....before another higher move to test resistance at $0.0209 ??
what do the passionate longs think about todays action??
Quote from: vic666 on April 03, 2006, 04:53:45 PM
is today supposed to be a low vol. consolidation day....before another higher move to test resistance at $0.0209 ??
what do the passionate longs think about todays action??
as a long holding A LOT of shares, I of course would have liked to see it close higher. But I'm not worried. it was a down day after three up days, and we still managed to close with higher highs and lower lows than the preceeding session. i like to think in terms of market cap, and with a current market cap of a little more than $50 million, and with a Circuit City national roll out in hand, plus AAFES, VOD, and books and audio tapes coming down the pike, I have to think that GZFX is very undervalued. I can easily see this stock at double its current PPS.
Stocksquire
rv, I get the pre-market bid/ask on my Scottrade streaming quote.
As to GZFX falling in the afternoon after testing $0.016 three times, if you look at the Nasdaq intraday chart, GZFX may have followed the market trend as with many other stocks that took the afternoon dip. Also, STTK took a lot of buyers away as it continued another day of gain. Many asked about STTK and I posted in the Swing Trading MB that RSI is at extremely "overbought" level of 90 and due for some profit taking soon.
My sentiment is that today's fall was small and I am bought in at $0.0125. Shaking off some more sellers means current holders of GZFX may have bought closer to $0.015 range than $0.01 (including those that bought today) and this means holders of GZFX will now hold for higher gains. It's all about supply and demand - less sellers willing to sell at buyers' "bid" price means higher gains for the stock price.
I am still comfortably holding GZFX shares (100%) and when STTK takes profit, perhaps many will end up buying GZFX. ;)
Keeps going down... ??? Was all this just hype?
Ugly looking chart this morning. GZFX struggled at the end of last week, and there's nothing really to get this guy really going - except for the military deal. Unfortunately, that's been nowhere to be seen as of yet. I wouldn't expect it to get hit too much more, though.
Quote from: jsintexas on April 04, 2006, 09:35:48 AM
Keeps going down... ??? Was all this just hype?
Hype? The only thing in this business that isnt hype is REVENUE.....or in this specific case SUBSCRIBERS....
What do we know about the REVENUE or SUBSCRIBER NUMBERS for this company?
BOTTOM LINE TIME.....
Hype? Of course. Hype otherwise known as potential...place your bets
Just picked up more at 10.07% down. Good time to load before AAEFS announcement that will hopefully come soon.
Seems GZFX is headed at least to 20 mda at ~0.11
Most likely, continue down to at least touch 50 mda IF no news, agree?
I didn't mean it as an insult. I mean that if there is all this "potential", especially with a "AAEFS rumor", why is it going down? I would think that it would be trickling up, not down.
Quote from: Malum2006 on April 04, 2006, 11:19:53 AM
Quote from: jsintexas on April 04, 2006, 09:35:48 AM
Keeps going down... ??? Was all this just hype?
Hype? The only thing in this business that isnt hype is REVENUE.....or in this specific case SUBSCRIBERS....
What do we know about the REVENUE or SUBSCRIBER NUMBERS for this company?
BOTTOM LINE TIME.....
Hype? Of course. Hype otherwise known as potential...place your bets
I think you hit the nail on the head, Malum. In penny world, stocks get hyped or news comes out, the stock goes up and the traders sell off, taking their profits. The stock goes down, maybe some more news comes out and the stock goes back up. Or maybe the stock stays down and bagholders long for the days when stock XYZ was showing green in their portfolio. It's tough to make an OTC stock an investment but some people are successful doing that, I'm sure. If you believe in the potential of this company and feel that they will do great things in the future, hold onto it. If you were looking to make a nice, quick trade and take home some good profit, that time may have passed. The news is out, the website is up and running (and this didn't even move the stock) so we have to look forward to 1. more news and 2. some revenue or subscriber numbers to get this to move up. If I were trading this stock, I probably would have sold already since it lost it's momo and is trending down. As it is, I'm only down about 5% so my house of pain is still under construction. ;) Will CC be a good thing for GZFX? Guaranteed. More subscribers = more money = stock moving up. Will this happen today, tomorrow or next week. Who knows? Maybe. Will construction continue on my house of pain? I'm sure of it (I just hope it's only a 2 bedroom house and not a mansion). In the long run, will this stock go up or down? Both! But I feel that it will eventually continue moving up and I'm willing to hold onto it and see the green again. But please do your own DD and make your own plan. Without a plan, we are all guaranteed to fail.
Quote from: jsintexas on April 04, 2006, 02:44:52 PM
I didn't mean it as an insult. I mean that if there is all this "potential", especially with a "AAEFS rumor", why is it going down? I would think that it would be trickling up, not down.
Basonista,
Your post is correct.
I got in average .0076 and will be selling quite a bit tomorrow to protect the portfolio.
Malum 2006,
My concern is that AAFES is not a well known name. It is a giant deal for sure, but is it already built in? People have been talking like it is a done deal on all the boards.
Seems that everyone may be selling the AAFES news when it does come.
Do what works for you. I will buy back in for a trade at a later date. Tomorrow, without news at the open, I will sell quite a bit.
I guess maybe since I am an AirForce brat I know what it is. Too me, that is a big deal...but I sold and took a little hit before it kept sliding down...I will keep an eye on it.
i'm really surprised to hear that so many here are panic selling. really, what is different about GnF's business plan or potential from yesterday or last week? because we've traded down two days after trading up for 3 days everyone thinks the sky is falling? we are still up a heck of a lot from our pre circuit city national roll-out news, and are still above the lows for the stock since that news. i've done my research, and i still believe strongly that GnF is undervalued. I will be very surprised if this stock does not make a parabolic move upwards in the near future. in the meantime, i intend to hold my shares.
Quote from: Stocksquire on April 04, 2006, 05:42:06 PM
i'm really surprised to hear that so many here are panic selling. really, what is different about GnF's business plan or potential from yesterday or last week? because we've traded down two days after trading up for 3 days everyone thinks the sky is falling? we are still up a heck of a lot from our pre circuit city national roll-out news, and are still above the lows for the stock since that news. i've done my research, and i still believe strongly that GnF is undervalued. I will be very surprised if this stock does not make a parabolic move upwards in the near future. in the meantime, i intend to hold my shares.
I agree with you 100%. But that's been the whole deal with GnF. So many shareholders are quick to jump off the bandwagon as quick as they are to jump on :)
That's what makes this stock so difficult to trade. Eventually, GnF will get out of it when they become a much more solid company, which they probably will - at some point in the future. For the short term though, there's a good chance that the price will bounce around quite a bit.
I've held onto my initial investment since November. I'll probably continue to hold onto it for a very long time just to see where things go. I've added, traded, and sold much more since then, but there's a lot of dormant potential. For me, GZFX is a long-term investment, despite the fact that it's a penny stock.
But the stepping stones are in motion for success. Over the last 5 months, I've learned that this stock requries patience, and if you do things at the right time, you can make quite a bit of money :)
Quote from: Stocksquire on April 04, 2006, 05:42:06 PM
i'm really surprised to hear that so many here are panic selling. really, what is different about GnF's business plan or potential from yesterday or last week? because we've traded down two days after trading up for 3 days everyone thinks the sky is falling? we are still up a heck of a lot from our pre circuit city national roll-out news, and are still above the lows for the stock since that news. i've done my research, and i still believe strongly that GnF is undervalued. I will be very surprised if this stock does not make a parabolic move upwards in the near future. in the meantime, i intend to hold my shares.
First of all, I have been here for over a year with GZFX, even holding when it printed .006's. So I am far from a panic seller. In fact, I spent weeks here with no other posters present. I resent the comments above.
What changed for me was the most recent filing. 25 billion Authorized is one thing. But they basically announced selling billions to market. A big difference when they hit O/S.
Another deciding factor is that I am up nearly 100%. Giving back principal when it produces a candle like today (closing near low too) is not quality trading. I got the second round of buys in .012's and will not give that all back. I can always get back in.
I see many traders waiting for AAFES news to sell it all off. So the pop may be limited due to the billions of shares.
The main factor is that the upcoming Q will produce a major selloff. The sub count will remain low as CC has not rolled out. They added 2 billion shares to the float the last filing. And this filing will be no different.
GZFX is not worth anything from a fundamental perspective. The name CC is what keeps it up. The VOD satellite deal and e-golf is fluff. Read the filings and you will see that they spend a fortune each month. And the sub count is not growing very quickly. Chip hopes breakeven by year end.
You cannot blame people for flipping. Until people can trust the company and they bring some revenue in, flipping is the only option here.
Understand that this is all my opinion. But I have spent over a year here. Even said at one point that I would wear a 3SOF tee-shirt for a year if a double was not produced. Very few believed in me and GZFX at the time. So please respect that I come to the table and back up my sale with reasons.
I will certainly be back. It depends on the chart and if news is expected. I know this company well and will always keep it close on the Streamer.
Good luck.
Fill_the_gap is probably the most educated guy on these boards in terms of GZFX, he knows the in's and out's of GnF. I can't blame him for taking the position he's in. Securing profits is one thing, "panic selling" is another. However, I do believe there is a lot of panic selling going on (But at 3OSF, no one panic sells, we're smarter than that ;D ), so it can sometimes get frustrating.
Like I said above, this baby requries patience. I prefer to pick my sell points rather than jumping in and out - that's generally my style of trading, and each has it's good and bad points.
I agree fill_the_gap, many good points.
Also, while watching the streaming quotes this morning, I feel that STTK may have pulled many traders away from stocks. Just take a look at GNBT, NVAX, etc. (10 - 18% drop!).
Was STTK's gain against the technicals a fluke? Now RSI is above 90 and STTK had a strong gain today. I thought STTK would take profit this morning, but I guess I was wrong. Will STTK be able to sustain the gains again tomorrow? My guess is that when STTK sells off, many will buy back stocks that took a dip like GZFX, GNBT, etc. Time will tell.
As the share price approaches my buy point, I will take GZFX day by day. Current resistance is at $0.0158 and support is at $0.0116.
Quote from: fill_the_gap on April 04, 2006, 06:47:46 PM
Quote from: Stocksquire on April 04, 2006, 05:42:06 PM
i'm really surprised to hear that so many here are panic selling. really, what is different about GnF's business plan or potential from yesterday or last week? because we've traded down two days after trading up for 3 days everyone thinks the sky is falling? we are still up a heck of a lot from our pre circuit city national roll-out news, and are still above the lows for the stock since that news. i've done my research, and i still believe strongly that GnF is undervalued. I will be very surprised if this stock does not make a parabolic move upwards in the near future. in the meantime, i intend to hold my shares.
First of all, I have been here for over a year with GZFX, even holding when it printed .006's. So I am far from a panic seller. In fact, I spent weeks here with no other posters present. I resent the comments above.
What changed for me was the most recent filing. 25 billion Authorized is one thing. But they basically announced selling billions to market. A big difference when they hit O/S.
Another deciding factor is that I am up nearly 100%. Giving back principal when it produces a candle like today (closing near low too) is not quality trading. I got the second round of buys in .012's and will not give that all back. I can always get back in.
I see many traders waiting for AAFES news to sell it all off. So the pop may be limited due to the billions of shares.
The main factor is that the upcoming Q will produce a major selloff. The sub count will remain low as CC has not rolled out. They added 2 billion shares to the float the last filing. And this filing will be no different.
GZFX is not worth anything from a fundamental perspective. The name CC is what keeps it up. The VOD satellite deal and e-golf is fluff. Read the filings and you will see that they spend a fortune each month. And the sub count is not growing very quickly. Chip hopes breakeven by year end.
You cannot blame people for flipping. Until people can trust the company and they bring some revenue in, flipping is the only option here.
Understand that this is all my opinion. But I have spent over a year here. Even said at one point that I would wear a 3SOF tee-shirt for a year if a double was not produced. Very few believed in me and GZFX at the time. So please respect that I come to the table and back up my sale with reasons.
I will certainly be back. It depends on the chart and if news is expected. I know this company well and will always keep it close on the Streamer.
Good luck.
the beauty about the market is that you are free to buy and sell whenever you choose. i have chosen to hold my shares and let this story play out. just two days ago (April 2) you stated the following, and I haven't seen any news that would change any of these points:
LiveLife, Excellent posting as usual !
I have felt alone with 1-2 posters on this thread for months. It feels great to have GZFX catching some attention.
I have a giant portion of my portfolio in GZFX. After following day to day for over a year now, the comfort level is higher than most trades.
This is the week that will make it all worthwhile, imo.
The beauty is that the bad news is behind us for now. They authorized billions of shares and also sent some outstanding. So here we sit with all the negative behind us.
Now is the time for GZFX to run on some positive news.
From I-Hub board.
Posted by: firefight4
In reply to: yoloinvest who wrote msg# 139787 Date:4/1/2006 12:30:42 PM
Post #of 140367
yolo, GZFX website- 3 affiliates listed, go to the gameznflix website and look in the blank space above the toolbar, start to right-click with your mouse in the blank area, after you right-click, hit the properties link and you will see the following....
CC is affiliate #1...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate1_blank.gif
CentricMall/AAFES is affiliate #2....
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate2_blank.gif
Who could affiliate #3 be hmmmmmm....to find this one right-click just above the "GnF" logo...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate3
i'm sorry but this one's never gunna go anywhere....
Quote from: skooled on April 04, 2006, 10:37:19 PM
i'm sorry but this one's never gunna go anywhere....
Without major subscribers
Quote from: Stocksquire on April 04, 2006, 09:32:18 PM
Quote from: fill_the_gap on April 04, 2006, 06:47:46 PM
Quote from: Stocksquire on April 04, 2006, 05:42:06 PM
i'm really surprised to hear that so many here are panic selling. really, what is different about GnF's business plan or potential from yesterday or last week? because we've traded down two days after trading up for 3 days everyone thinks the sky is falling? we are still up a heck of a lot from our pre circuit city national roll-out news, and are still above the lows for the stock since that news. i've done my research, and i still believe strongly that GnF is undervalued. I will be very surprised if this stock does not make a parabolic move upwards in the near future. in the meantime, i intend to hold my shares.
First of all, I have been here for over a year with GZFX, even holding when it printed .006's. So I am far from a panic seller. In fact, I spent weeks here with no other posters present. I resent the comments above.
What changed for me was the most recent filing. 25 billion Authorized is one thing. But they basically announced selling billions to market. A big difference when they hit O/S.
Another deciding factor is that I am up nearly 100%. Giving back principal when it produces a candle like today (closing near low too) is not quality trading. I got the second round of buys in .012's and will not give that all back. I can always get back in.
I see many traders waiting for AAFES news to sell it all off. So the pop may be limited due to the billions of shares.
The main factor is that the upcoming Q will produce a major selloff. The sub count will remain low as CC has not rolled out. They added 2 billion shares to the float the last filing. And this filing will be no different.
GZFX is not worth anything from a fundamental perspective. The name CC is what keeps it up. The VOD satellite deal and e-golf is fluff. Read the filings and you will see that they spend a fortune each month. And the sub count is not growing very quickly. Chip hopes breakeven by year end.
You cannot blame people for flipping. Until people can trust the company and they bring some revenue in, flipping is the only option here.
Understand that this is all my opinion. But I have spent over a year here. Even said at one point that I would wear a 3SOF tee-shirt for a year if a double was not produced. Very few believed in me and GZFX at the time. So please respect that I come to the table and back up my sale with reasons.
I will certainly be back. It depends on the chart and if news is expected. I know this company well and will always keep it close on the Streamer.
Good luck.
the beauty about the market is that you are free to buy and sell whenever you choose. i have chosen to hold my shares and let this story play out. just two days ago (April 2) you stated the following, and I haven't seen any news that would change any of these points:
LiveLife, Excellent posting as usual !
I have felt alone with 1-2 posters on this thread for months. It feels great to have GZFX catching some attention.
I have a giant portion of my portfolio in GZFX. After following day to day for over a year now, the comfort level is higher than most trades.
This is the week that will make it all worthwhile, imo.
The beauty is that the bad news is behind us for now. They authorized billions of shares and also sent some outstanding. So here we sit with all the negative behind us.
Now is the time for GZFX to run on some positive news.
From I-Hub board.
Posted by: firefight4
In reply to: yoloinvest who wrote msg# 139787 Date:4/1/2006 12:30:42 PM
Post #of 140367
yolo, GZFX website- 3 affiliates listed, go to the gameznflix website and look in the blank space above the toolbar, start to right-click with your mouse in the blank area, after you right-click, hit the properties link and you will see the following....
CC is affiliate #1...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate1_blank.gif
CentricMall/AAFES is affiliate #2....
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate2_blank.gif
Who could affiliate #3 be hmmmmmm....to find this one right-click just above the "GnF" logo...
http://www.gameznflix.com/img/layout/topnav/topnav_affiliate3
Stocksquire,
I expected AAFES news by today. The price action was enough for me to evaluate an exit. The new share count is out of control. And the reality that AAFES may be priced in hit today.
The part that truly sealed the deal was that the quarter ended last week. I do not trust management enough to know when the quarterly will be filed. They filed the 10K months in advance. There is no way that the filing will be received as a positive. The truth of how many shares have been dumped will be realized.
I will be back, but probably not until after the selloff on the filing.
I got more than a double when you factor in flipping the shares on the CC deal. It is time to cash out on this trade, imo. Sure, it will go up on AAFES. But how much ? And how many shares will be sold into that rally by GZFX. No guarantees when the news will be released either. It concerns me that CC did not rally it much more.
My rule of thumb is to not give back 100% gain. You may have have an entry and exit strategy that works for you.
See you back here soon enough.
Well, I did say this was a "speculation" play. ;) You win some, and you lose some.
My buy in was at $0.0125, so I am still positive.
In retrospect, I did believe that the push to $0.02 would happen. In midst of positive momentum, there were issues of nervous holders uncertain of GZFX being able to sustain gains, billions of shares released (of how many sold we don't know), and I still believe STTK pulled many buyers away and prompted many holders of GZFX to sell so that they can jump in the STTK wagon.
Will GZFX go any lower? I am willing to take some more loss to find out (the gambler in me) ;) I will see what happens to GZFX on market open.
My sentiment is that STTK must have price correction/take profit eventually with RSI 90+. With last two days of fall GZFX may be attractive for rebound buy as I wait for GNBT to show indicators of bottomming. Stock trading is my hobby, and when my trades don't go as well as I anticipated, I learn from them. :D
Also, I am not sure, but this may have had a part today:
http://biz.yahoo.com/rb/060404/media_netflix_blockbuster.html?.v=3
Netflix sues Blockbuster to shut online service
Tuesday April 4, 7:57 pm ET
By Gina Keating
Online DVD rental company Netflix Inc. on Tuesday sued rival Blockbuster Inc. for patent infringement, asking a federal judge in Northern California to shut down Blockbuster's 18-month-old online rental service and award Netflix damages, according to a copy of the filing.
Netflix, which was founded in 1999, holds two U.S. patents for its business methodology, which calls for subscribers to pay a monthly fee to select and rent DVDs from the company's Web site and to maintain a list of titles telling Netflix in which order to ship the films, according to the patents, which were included as exhibits in the lawsuit.
The first patent, granted in 2003, covers the method by which Netflix customers select and receive a certain number of movies at a time, and return them for more titles.
The second patent, issued on Tuesday, "covers a method for subscription-based online rental that allows subscribers to keep the DVDs they rent for as long as they wish without incurring any late fees, to obtain new DVDs without incurring additional charges and to prioritize and reprioritize their own personal dynamic queue -- of DVDs to be rented," the lawsuit said...
However, read this at the end of the article:
... Wedbush Morgan analyst Michael Pachter, who also is an attorney, said it was unclear whether Netflix's challenge to Blockbuster's online service would be upheld by the federal court.
"It's my opinion that it won't be," Pachter said. "Blockbuster detrimentally relied on their silence as consent. If in fact (Netflix) feels so damaged they should have sought injunctive relief before Blockbuster rolled out its service."
And BTW, wouldn't you think that Circuit City would have been aware of any Netflix patent related issues before they went nationwide with GameZnFlix? With the Netflix vs BlockBusters issue, Circuit City stock went up in price today.
What do you think?
In midst of positive momentum, there were issues of nervous holders uncertain of GZFX being able to sustain gains, billions of shares released (of how many sold we don't know), LiveLife.
------------------------------------------------------------------------------------------------
LiveLife,
Your posts are great !
The uncertainty and poor timing of negative information by management has killed the price.
When the float is going up in the billions each quarter, it promotes flipping.
I will be back at some point. You should get a pop on AAFES news when it comes. But many are waiting anxiously to get out on that news. So be fast, imo.
Nobody should hold into the Quearterly filing. It will be brutal, imo. They can file it any time now. (45 days from end of quarter which was March).
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg55582#msg55582
On Raging Bull, there's talk of GameZnFlix commercial being aired during TV show American Idol. If it is true, very nice for GZFX.
Repost from RB MB:
dot433
05 Apr 2006, 09:06 AM EDT
Msg. 234144 of 234151
(This msg. is a reply to 234119 by houstontexx.)
Commercial was on during American Idol with was aired arround 9.0clock pm mountain time. I know it's hard not to be sceptical but it was there and like I said cc would not spend time or money if this is not a go.
dot433
05 Apr 2006, 12:02 AM EDT
Msg. 234092 of 234152
Yes, we have seen the television commercial tonight for circuit city and gameznflix, we live in Alberta Canada I am starting to become a believer in this and thats a good sign
ok, i checked back thru the posts and didn't see anyone comment on this, but i was looking thru the SB-2 filing for gzfx, and it looks to me like they've added, or at least are ready to add, 5.2B more shares....please, if anyone is a little more versed in this filing, could you tell me if this is correct or incorrect? if it is, this actually may be the reason for the recent decline in pps. just curious. i'm not bashing here, hope it's not read as such...
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4311413&Type=HTML
Quote from: rv on April 05, 2006, 11:34:33 AM
ok, i checked back thru the posts and didn't see anyone comment on this, but i was looking thru the SB-2 filing for gzfx, and it looks to me like they've added, or at least are ready to add, 5.2B more shares....please, if anyone is a little more versed in this filing, could you tell me if this is correct or incorrect? if it is, this actually may be the reason for the recent decline in pps. just curious. i'm not bashing here, hope it's not read as such...
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4311413&Type=HTML
Yes, imo and as stated, one of the reasons why I sold this morning. Too many shares being added without much revenue to back it up.
Call me crazy, but I think $0.0117 - $0.012 may have been the bottom for today after testing $0.0112 yesterday. With STTK falling, I believe many stocks like GZFX, GNBT, etc. will normalize. ;)
GZFX is no longer in my portfolio. I will wait until after the filing to evaluate again.
It was a nice 100% plus return from .0076. So well worth the trade.
im out as well. i wont jump back in until they achieve profitability.
Yes, fill_the_gap. I am out as well.
I bought at $0.160 and sold out at $0.140 on Monday...took my loss and made it out on the STTK's and AIDO's.
too bad the market did not respond well to the CC news release...things looked good once the price started going back up...took out $0.15, then took out $0.16 (when I purchased it, thinking it was a breakout!)....but all those runs were proven wrong....all the stuff written on all the boards were proven wrong...dang! these penny stocks are so hard to decipher! you could have the most positive and stongest feelings abu a stock on one evening, the whole board is going gaga over how it will run higher and everything is good...and the next morning...the price does not respond akin to the enthusiasm displayed by folks...and by that evening, things are so gloomy nobody understands what happened...and slowly, the bailing out starts...the bleeding starts..,..
and that's why....when it comes to pennies...all you starters out there...remember this:
"Never hold penny stocks for long term, no matter how believable the hype is....only trade them...PERIOD"
"Never hold penny stocks for long term, no matter how believable the hype is....only trade them...PERIOD" Vic666
Very true.
Those that traded GZFX made 100% or more in a short period.
My next evaluation may come after the 10Q is filed. Thinking it will sell off on low sub count. But much of the new dilution will not show until the following Q because of the timing of the new shares.
Management hurt the price timing 25 billion shares a few days before Circuit City announcement. If not, we would be much higher and then they could have Authorized less shares for the same result. Their mistake.
fill_the_gap I agree.
I posted previously that GameZnFlix management should allow share price to gain by holding back on release of additional shares. Had the share price gained above the previous test point of $0.02+ I believe GZFX would have continued to gain on momentum.
Perhaps, good news for GameZnFlix is that if they sold more shares (how many shares we still don't know), they have raised much needed capital to move forward with their growth (advertisement, more distribution centers, etc.).
GameZnFlix will be "fully" nationwide with Circuit City by Thanksgiving/Christmas time and each Circuit City being added to the rollout will add more subscribers. I will keep my eye on GZFX as spring/summer approaches. Will GZFX rebound from here? Time will tell.
Take care everyone and keep on trading!
that is exactly the lesson i learned from GZFX. no matter how legit a penny stock looks you just cant hold it long term. even if a few people who decided to hold for a long time make money, they wont make anywhere near what they would have if they traded it and bought and sold on the dips and spikes. i bought this stock to hold through the cc deal and if they got it i would either sell on the news if it spiked really high or hold throughout the year... unfortunately that simple plan turned out to be a bad plan. you live and you learn i guess.if this drops back down to the .006-.007 level though ill consider buying back in, but only to sell soon after.
I guess I can now be officially called bagholder here as well. Stupid move on GZFXs part to dump so many more shares into the pool. IMO that authorization put a chill on any possible rise in the price unless they announce some kind of escrow strategy or other guarantees of keeping them off the market - to mete them out at given price points. I was just reading through the MBAH site www.mbadirect.com where such a policy was put in effect (though one would't know it by their share price either at the moment), which does demonstrate a good faith effort by mgt to back their company.
Another lesson learned that I feel compelled to pass on (for some reason I always feel everyone else knows this stuff except me, so apologies for repteating the obvious - but just in case there's someone I can help in preventing being stuck holding the bag...):
Upon buying in, set a sell price on GT90 - whatever configuration you choose -whether to offload your entire position or to sell a percentage at a profit that allows the balance to be risked on 'house money'. Penny stocks, and especially the actives are quite volatile as I've learned! Price fluctuations intraday or spikes on good news, etc. may get missed if this isn't your sole investment (one should hope it isn't!). Had I put mine up for sale at the time of purchase I probably wouldn't have considered a sale price as high as 0.0209, but I would have doubled - and in only a day.
Since I can wait, I put a GT90 on my shares and will hope that the armed services deal provides the spike... or some other news. I feel that holding them long enough will likely bring a positive return, but buying with the intent to trade would have done so in a matter of hours rather than potentially months.
Good Luck
bohemian
Since my postition is relatively small I'm still holding.
I'll continue to buy/sell periodically, but for the most part I'm staying around.
Patience has paid off with this guy before, and I don't see any reason to run away because I can't make immediate profits.
I believe it's a toss up from now on for GZFX.
We have essentially all the "bad" news (release of new shares, profit taking dip, and selling related to "concerns", etc.) on the table and it is common knowledge.
With this "behind" GZFX, I will speculate a portion of my portfolio with GZFX.
I am buying back on morning dip. ;)
Of course, I will take it day-by-day.
unfortunately, i don't think gzfx will go back up anytime soon. i think, when they do release the p.r. (8-k?) and announce the actual adding of more shares, it will go below 1¢, and, unfortanately, stay there for a while. i do think it has the dilution built in thus far, but when they file it, it will hurt the pps even more. i hope, LL, you make a fortune on this, and play it well, as it has played us.
rv, believe me I share your sentiment.
I did some review this weekend and what I realized was that (I can admit that I am wrong) GZFX should have been "traded" short-term and perhaps that's what many did.
If you look at the buy/sell chart below, GZFX could have been traded with 30%-100% gains short-term. It's all about being on the right side of the trades.
According to the chart, RSI is below 50 and MACD is in the negative territory. MACD/RSI may dip even lower before GZFX rebounds.
GZFX still is a "speculative" play until company proves its worth as this year plays out, hence I will take it day-by-day.
I believe I made a big mistake, I should have took profits during it's recent run up. The price is currently @ the level I made my first purchase, .0104. Furthermore, I did what "good traders" do and averaged(doubled) up @ .0155. now I'm in the hole. Oh well, you win some and lose some. Will hold until the next run up!!
Thanks for everyone's posts.
Good luck to all!
Hi everybody
Should admit I was stupid too- could have $30k profit-got greedy and now starting to lose
Let's check what can rescue us
- AAFES announcement?-little bit? or more than little bit?
-news about opening new stores-little by little
- Total Current Liabilities-$462,000(DEC 31 2005)--comparing to Net Tangible Assets $6,256,000
-Change In Cash and Cash Equivalents $5,839,000 (DEC 31 2005)--comparing to $20,000 in a previous Q
-Net Tangible Assets $6,256,000(DEC 31 2005)--comparing to $546,000 prev Q
This info from Yahoo Dec 31 2005-be carefull
Didn't find fresh, but with Pilot program should not be worse
So:
looking at the numbers above and thinking about new stores-
Income must increase-- new Q report supposedly in a middle of May - must be better
-Operating Expenses-we don't know
What did I miss?
Please, correct me- Don't want to have false hope
lana
I'm in at .015, .013, .0115
I think all they need is some news. Feels like they are just languishing without it. Many of these pennies survive on news. Anyway I'm in the hole on this one but am confident it will come back and show me some profit. Especially once they release some news on new affiliates. Good luck to all!
the most important news was the 25mill share a/s increase and the sb-2 filing 3 days later for over double the current shares outstanding.
news wont sustain this stock. cc deal only popped it for one day and it retraced almost all the way down to the open. the authorized shares are killing this stock. wont sustain an upward trend until its profitable, and even then the O/S could kill it. it all depends. the time for waiting on news to make money has passed. it didnt work before, and it wont work now. i suggest buying on the dips and selling for smaller profits. im confident this will break below penny level again. it broke through it pretty easily in the past, im sure it will act similarly. if it does i intend on buying around the .006-.007 range. buy there and sell at .01 you just made around 50% profit. not too shabby.
Sorry, what I meant to say was that this stock can only rise with constant news. I agree that a little news here and there won't do it. I think it will tick up pretty well though once the affiliate news comes out. Now may be a good re-entry point.
Good posts all. We all make mistakes (I certainly have made my share of them :D) and we learn from them. ;)
Yes, I agree that GZFX should now be "traded" instead of being a long-term hold. $0.01 seemed to have been the bottom today and it rebounded to $0.0107 - $0.0108 twice in the afternoon.
What happens to GZFX is now up to the market.
Quote from: lana2b on April 10, 2006, 12:44:53 PM
Hi everybody
Should admit I was stupid too- could have $30k profit-got greedy and now starting to lose
Let's check what can rescue us
- AAFES announcement?-little bit? or more than little bit?
-news about opening new stores-little by little
- Total Current Liabilities-$462,000(DEC 31 2005)--comparing to Net Tangible Assets $6,256,000
-Change In Cash and Cash Equivalents $5,839,000 (DEC 31 2005)--comparing to $20,000 in a previous Q
-Net Tangible Assets $6,256,000(DEC 31 2005)--comparing to $546,000 prev Q
This info from Yahoo Dec 31 2005-be carefull
Didn't find fresh, but with Pilot program should not be worse
So:
looking at the numbers above and thinking about new stores-
Income must increase-- new Q report supposedly in a middle of May - must be better
-Operating Expenses-we don't know
What did I miss?
Please, correct me- Don't want to have false hope
lana
Lana,
The revenue flow came primarily from them selling shares to market for cash.
This is much different than coming from the actual business plan, imo.
They only had 6,000 subscribers last filing and say adding 1,500-2,500 per month. So the actual revenue from the subscribers was very low.
The next few Q's will show more dilution to the outstanding shares.
Hope it works out for you. Just not sure what news can keep it up if Circuit City could not.
Hey, Fill_the_gap
Thanks for the comments. Sure it helps.But, because of stabborn " what...if..." -
need to work very hard on to force myself to sell at least 3/4 of position. Need to let it go
Thank you for your help and all DD that you did on this one and others
lana
Subscriber numbers and real revenue from selling a product OTHER than shares is the ONLY thing that will sustain an upward movement in this stock.
i agree. i also think the small piece of news is just going to take it below a penny. it might go up a little, but people will realize the only pr's they have left are weak like this one and start selling off. i think it will drop below a penny tomorrow or the day after.
GZFX's positive PR was overshadowed by general market fall that dropped the share price of many stocks. I believe future GZFX share price will reflect GameZnFlix's ability to deliver on its promises as the nationwide rollout progresses this year with Circuit City.
GameZnFlix, Inc. Begins Streaming GNF Entertainment Channel Through Its Website
Tuesday April 11, 10:06 am ET
http://biz.yahoo.com/iw/060411/0122552.html
FRANKLIN, KY--(MARKET WIRE)--Apr 11, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video game and DVD movies for rent or purchase, has begun streaming its television channel GNF Entertainment to the company's website.
"The streaming of our television channel to the website is another step in this research and development project the company is working on," said, John Fleming, CEO of GameZnFlix, Inc. "The GnF Entertainment Channel on the website (logo link on the platform line of the home page) marks a step towards the company's goals of providing movies and games through video-on-demand or, potentially, any other media." http://www.gameznflix.com/default.aspx?content=affiliate/gnfent&kbid=2020
If current bearish trend continues, I may consider shorting stocks on Swing Trading MB. ;) http://www.3stocksonfire.org/trading/index.php?topic=3635.msg56995#msg56995
Dow Finishes Down 52 at 11,090, Nasdaq Finishes Down 23 at 2,310 on Traders' Inflation Fears
http://biz.yahoo.com/ap/060411/wall_street.html?.v=23
Tuesday April 11, 6:40 pm ET
By Christopher Wang, AP Business Writer
The Dow dropped 51.70, or 0.46 percent, to 11,089.63, its lowest close since finishing at 11,076.02 on March 13.
The broader stock indicators declined. The Standard & Poor's 500 index lost 10.05, or 0.78 percent, to 1,286.57 -- also a one-month low -- and the Nasdaq composite index fell 22.92, or 0.98 percent, to 2,310.35.
Check it out. This is positive development for Video-On-Demand (VOD) platform base as GnF Entertainment is currently broadcasting to over 2 million satellite dishes across North America. http://biz.yahoo.com/iw/060328/0115059.html
http://www.gameznflix.com/default.aspx?content=affiliate/gnfent&kbid=2020
FYI.
Earnings Preview: Circuit City
Tuesday April 11, 6:22 pm ET
Circuit City Seen Posting Strong 4Q Results on Improved Margins From Big-Ticket Items
http://biz.yahoo.com/ap/060411/earns_preview_circuit_city.html?.v=1
NEW YORK (AP) -- Electronics retailer Circuit City Stores Inc. reports its earnings for the fiscal fourth quarter before the opening bell Wednesday. The following is a summary of expectations and developments for the period.
EXPECTATIONS: Analysts surveyed by Thomson Financial are looking for Circuit City to post quarterly earnings of 77 cents per share on $3.89 billion in revenue.
ANALYST TAKE: Citigroup analyst Bill Sims continued recommending that investors buy Circuit City shares, saying the market appears to be underestimating benefits the company is realizing from shifting its focus to higher-margin digital products like flat-panel televisions and MP3 players. He added that Circuit City should see strong comparable-store sales growth in the coming two quarters. "While we still think that Best Buy Co. has the better business model for the long term, there is less risk in Circuit City in the near term given the easier comparisons," Sims wrote in a research note.
COMPETITORS: Rival and industry leader Best Buy Co. recently laid off 300 corporate staff as it seeks to trim $300 million in annual costs. The company's spending has been on the rise from plans to tailor its stores toward certain customer segments.
GZFX dropped to the 50dma and filled the gap from the CC run at .0095. It is now moving up nicely, and looking like the retracement is finished.
yea, i figured the gap to the 50ma would be filled either today or tomorrow. and there is a little bounce going on but it wont break above .011. the gap being filled means nothing except it will start its downward trend again. there just isnt anything out there yet to sustain an upward trend. by the end of the year there might be an upward trend showing, but it wont start happening for a while. we still have to get through the filings showing how many if any of the A/S were sold into the news. also subscriber count is HUGE from now on. if the first filings dont show significant (i mean exponential) improvement in sub count from the cc roll out... watch out. people arent going to just keep waiting believing that cc will be the goose that lays the golden egg. if results dont come early it will hurt the pps a lot. gzfx traders are not stable, to say the least.
After hours news:
Wednesday April 12, 5:32 pm ET
http://biz.yahoo.com/iw/060412/0122908.html
This may give it a morning bump but it probably won't hold it.
GZFX closed green with PR released after trading hours.
GameZnFlix, Inc. Licenses 3,600 Movies for GnF Entertainment Network Library
Wednesday April 12, 5:32 pm ET
http://biz.yahoo.com/iw/060412/0122908.html
FRANKLIN, KY--(MARKET WIRE)--Apr 12, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video game and DVD movies for rent or purchase, has licensed 3,600 movie titles for its GnF Entertainment Network. GnF Entertainment is currently broadcasting to over 2 million satellite dishes across North America, Canada, Mexico, Caribbean, and providing streaming TV to www.gameznflix.com
"This licensing agreement further adds to our television film library and is another step forward to providing options to our current members and future members," John Fleming, CEO of GameZnFlix, Inc. "The Company's research and development project continues to move towards accomplishing one of the company's goals of providing movies and games through video-on-demand or, potentially, any other media."
http://www.gameznflix.com/default.aspx?content=affiliate/gnfent&kbid=2020
50ma will be taken out on monday. 5ma continues to fall and will soon drop below the 50ma, 20ma will soon start a downward trend. cmf is on its way back down to the -.50-.70 range again. macd will soon go negative... i let myself be blinded by this companies service and what i thought was its actual value. normally with pinks youre isolated from their service, in fact, usually they dont even do anything. this one is so easily compared to netflix that you really think youve got something, but its no netflix... yet. dont let the pr's and hope keep blinding you. ive ignored the technicals for too long thinking that news at any time would override them... well that was naive. time to start looking at the charts, and it doesnt look good. it makes me sick, but i think this will trend down to .005. :-\
i applaud the regulars on here that flipped and studied the charts. fill the gap and so on. i wont make this mistake again. i plan on buying in again at some point later this year. but i need to see whats going on with the A/S and how well the cc deal actually goes.
Quote from: godspeed06 on April 13, 2006, 08:45:40 PM
50ma will be taken out on monday. 5ma continues to fall and will soon drop below the 50ma, 20ma will soon start a downward trend. cmf is on its way back down to the -.50-.70 range again. macd will soon go negative... i let myself be blinded by this companies service and what i thought was its actual value. normally with pinks youre isolated from their service, in fact, usually they dont even do anything. this one is so easily compared to netflix that you really think youve got something, but its no netflix... yet. dont let the pr's and hope keep blinding you. ive ignored the technicals for too long thinking that news at any time would override them... well that was naive. time to start looking at the charts, and it doesnt look good. it makes me sick, but i think this will trend down to .005. :-\
i applaud the regulars on here that flipped and studied the charts. fill the gap and so on. i wont make this mistake again. i plan on buying in again at some point later this year. but i need to see whats going on with the A/S and how well the cc deal actually goes.
Godspeed, if GZFX isn't sucking up a whole lot of portfolio room for you (And a penny like this shouldn't), I think the general idea is to hold onto it. Unless you absolutely need the money, I'd wait it out. Patience has paid off on this guy before, so waiting another few months probably won't hurt.
However, if you're into the idea of flipping and making quick profits like many are, then one might just want to take the loss and bail.
GZFX is just more of a "Go with the flow" pick for me. I don't really mind it's short term action, I'm just more interested to see where this guy ends up in the future.
Honestly, GZFX should be adding a ton more suscribers throughout the year. They're moving in all the right directions right now, and I don't think they can really worry about investors right now (Which is why we're getting semi-screwed :P)
I don't really like flipping this stock that much, it's been somewhat of a pain, because it never really reacts how we think it will. I've pulled off a few good trades in the past, but to me, the ideal thing is to just let it ride.
yea, ive been holding since i think december... pretty long time. but ive seen this stock dive below a penny before, and i rode it out. this time, i just couldnt stomach holding when i knew it was going to go below a penny again. so i sold my whole position. i still like the company, and ill probably buy in again, i just knew that i wasnt going to make money on it soon, so holding just didnt make sense. if youre fine not making short term profits, then just hold and dont look at it til november (not that this is guaranteed profit either), but im putting my gzfx money in something else.
cheers.
Quote from: godspeed06 on April 13, 2006, 08:45:40 PM
50ma will be taken out on monday. 5ma continues to fall and will soon drop below the 50ma, 20ma will soon start a downward trend. cmf is on its way back down to the -.50-.70 range again. macd will soon go negative... i let myself be blinded by this companies service and what i thought was its actual value. normally with pinks youre isolated from their service, in fact, usually they dont even do anything. this one is so easily compared to netflix that you really think youve got something, but its no netflix... yet. dont let the pr's and hope keep blinding you. ive ignored the technicals for too long thinking that news at any time would override them... well that was naive. time to start looking at the charts, and it doesnt look good. it makes me sick, but i think this will trend down to .005. :-\
i applaud the regulars on here that flipped and studied the charts. fill the gap and so on. i wont make this mistake again. i plan on buying in again at some point later this year. but i need to see whats going on with the A/S and how well the cc deal actually goes.
Godspeed, I agree.
It will also further decline when the Q arrives. Holding it now when all indicators point down is asking to lose money.
The hopes of large returns vanished when the major dilution set it. So many people are waiting for some news to just sell and get out of GZFX right now. So any news is hit hard with even more selling. A vicious cycle.
And other boards are pointing out that GZFX Agreement with Golden Gate allows for Short Selling! This is not good because it can already be shorted in Berlin.
The price looks to head well below a penny in the weeks ahead.
Quote from: godspeed06 on April 13, 2006, 08:45:40 PM
I applaud the regulars on here that flipped and studied the charts. fill the gap and so on. i wont make this mistake again. i plan on buying in again at some point later this year. but i need to see whats going on with the A/S and how well the cc deal actually goes.
Yes, godspeed06. It's about being on the right side of the trade of being able to buy low and selling high. With GZFX price so low (penny per share) you can do "fractional" trading where a small change (a few 1/10th or even 1/100th of a penny) translates to several hundreds to thousands of dollars when traded in 100K to 1 million share blocks.
If you look at GZFX intraday charts the past few weeks, they are indicative of many trading intraday or profit taking as GZFX makes gains.
fill_the_gap, as we both posted before there are many factors, such as the outstanding shares and shares GameZnFlix already released to raise capital, that are concerning many and I attribute these factors to GZFX not having attained higher share prices. As long as these concerns exist, it will influence future share price of GZFX.
Calvin87, the longs that are willing to wait out the implementation of nationwide rollout with Circuit City starting May and the gradual growth of GameZnFlix will have some time to wait. Unfortunately, there are more traders than investors on finance message boards (Yahoo, Raging Bull, Investors Hub, etc.) so the postings will lean to stock trade related comments than longer-term investing. The stock traders (like me and many on 3SOF) do not invest and we look for trades to turn a profit on short/mid-term basis. With that said, GameZnFlix as a new startup company does hold many promises for future growth. I believe as time passes this year, we will see and know how the long-term prospects for this company will play out.
As for me, as a short-term swing trader by heart, I will continue to monitor the stock (among many) and continue to trade on the rise/fall cycles based on technicals.
http://www.3stocksonfire.org/trading/index.php?topic=3635.705
Repost from 3SOF Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg57441#top
lana2b,
As fill_the_gap and I posted previously, there are many factors that concern those trading GZFX on a short/mid-term basis, such as the outstanding shares and amount of shares GameZnFlix management has and will sell to raise working capital now and in the future. And these factors have overshadowed otherwise a great promise of a startup company going nationwide with Circuit City. But this is how micro/small cap startup companies raise money until they can generate revenue that can sustain their operations - by selling shares.
Good news is that these concerns are now common knowledge and "on the table" for everyone to see. From now on, GZFX will be traded with all these factors known up front.
My take of GZFX is this.
Technically, GZFX has demonstrated recent 50% - 100%+ gains, and many have taken profit when the selling opportunities presented themselves. Those that wanted to sell, I am quite certain that they have already sold by now. Those that are still holding GZFX shares may primarily be comprised of long-term "fans" of GameZnFlix (long-term investors) or those that missed out on the selling opportunities like yourself.
What you should consider is this. Many that made money with GZFX will be looking for another bottoming. If you look at the buy/sell chart below, you can see the MACD/RSI rise/fall cycles that correspond with the rise/fall cycles of stock price. And yes, the 20/50/200 day Moving Averages are now all going positive.
If history repeats itself with GZFX, then rebound of MACD/RSI with corresponding price gains may attract those that traded GZFX previously. If GZFX does not rebound, then price may drop even further. However, if GZFX rebounds with continuing gains (technical analysis was developed to describe stock behavior, but as more and more traders buy/sell according to technicals, it becomes a "self-fulfilling prophesy") there may be a large influx of buying to ride the "next" trade with GZFX.
I am quite certain that most of those who bought GZFX sub-one penny probably have taken profit by now (and may have bought/sold GZFX several times already). There's been a lot of talk if GZFX will go below a penny on finance MBs. That depends on how low traders are willing to sell on loss. If majority of holders aren't willing to sell on loss or low, then buying pressure will overcome sellers. Penny stocks, unlike listed stocks (NYSE, Nasdaq, AMEX, etc.) do not require a seller for every buyer. New buyers can buy their shares directly. So, to an extent, GameZnFlix management "controls" whether GZFX share price rises or falls by controlling the amount of outstanding shares they choose to sell directly.
The positive developments and continuing progress of GameZnFlix going nationwide with Circuit City have not changed. And for this short-term swing trader, I will be monitoring GZFX very closely next week for MACD/RSI bottoming (I am sure so will many other traders as well). ;)
So, if you are holding GZFX shares, I would recommend that you see how next week unfolds.
I hope I helped.
Hm, thanks for some reassurances, I have been berating myself for being the GZFX Bagholder Poster Child... mostly out of a sense of irritation that the $ is locked up while I wait for brighter days at a time when playing ethanol stocks would be much more fun with my allocated MadMoney. This stock is definitely one to hold on to if possible, evidenced by its previous incredible spikes - and it is one of those spikes that I await (as I am sure many are) to offload a decent chunk of my position. I will hold about a third, primarily because of the historical lessons with brick-n-mortar video rental stores when Tower Records first began offering movie rentals (at least in SoCal) over 20 years ago. At the time, people were ridiculing the concept of renting a movie for a couple of bucks a day, though purchasing a movie then cost around $45-$90 on VHS, BETA or Laserdisk. Look how many street corners have a Hollywood Video and a Blockbuster in even smaller urban centers today. Obviously it has been (becoming) harder to remain profitable, but as yet Netflix holds a nearly exclusive position with its business model. Blockbuster is making inroads, but I think in a year or two GZFX can be well positioned to compete with them as equals. Perhaps we (unintentional) longs have to have this same longer-term outlook on our holdings? I'm behind the concept and the management so far - the only wish I have is that once their sub base increases that they begin retiring some of the 25b new shares.
I can hope...
GLT ya!
looks like ready to play again higher bottems :)
"higher bottems"? are you watching the same stock as everyone else.
bohemian, believing that this company will grow and become a real national competitor is fine... it might. but you even said it yourself that it might take two years. if you chose to flip this stock for two years... think of how many times youd double your shares. i dont foresee this stock leaving the penny land for a long time which means it will continue to be volatile making it a great target for flipping. plus youve been a long for a while which means you are used to how it trades and the overall sentiment of the shareholders. i just cant see this as a stock that should simply be held. its trending DOWN, not up. id suggest flipping.
it closed at .009 today, but i dont see that holding, macd just went negative, 10day cmf is still negative, theres no real support til the .007 then .005 range from previous lows.the entire day was traded below the 50ma, rsi is trending down as is the 5ma. the 20ma is beginning to drop as well. looks like it will continue to decline. there might be a few up days but they will be outweighed by the down days. thats just how this stock is.
Good morning.
Back in GZFX. ;)
GZFX maintained the gains and closed in the green. ;)
Interesting repost from Raging Bull MB:
http://www.npr.org/templates/story/story.php?storyId=5331394
"The U.S. Supreme Court has begun to show a greater interest in patent cases. And last week, a Congressional subcommittee held a hearing on whether questionable patents are hurting the economy. Meanwhile, home-movie fans will have a front-row seat as the drama between Netflix and Blockbuster plays out." More at link.
ericgale1
19 Apr 2006, 07:12 PM EDT Msg. 237939 of 237942
Business models have been copied left and right, throughout US history. They've never been protected, and neither have things like queues.
For example, McDonalds' business model was copied by Burger King, Arbys, Wendy's, etc. They may have certain recipes that are protected, but the general idea of fast food franchises has been replicated many times over.
Furthermore, somewhat akin to Netflix' Que feature, the "drive-through window" was not a patent protected idea. One fast-food place started using it, and then everyone else did.
This suit is an desperate act aimed at preserving proft margins that will shrink as growth slows and competition increases.
It's also having a bad impact on NFLX' image. I've seen several NFLX customers who posted that they are dropping NFLX, because they find this suit so distateful.
Today for GZFX was typical to the trend it's been having lately - 3 days of relatively strong selling, followed by a very small rebound day. I wouldn't really count on today's action as a sign of change until we see what happens tomorrow. I get the feeling it hasn't really bottomed out, but then again, it's been hit really pretty strongly over the last two weeks.
i agree with calvin. and as for livelifes chart - i think youre mixing up a few buy signals with sell signals. ??? the price hasnt begun to bottom yet, its still falling. the macd is negative, its not negative to positive and its also falling not bottoming. its making a straight line in a downward trend. the 5ma also hasnt begun to bottom, and the 20ma is flattening at the top and about to turn down... the rsi is the only thing showing somewhat of a buy signal and its a weak one at that. today didnt show much of anything, it was green but barely. it was traded within yesterdays trading range and ended with the open and close straddling the middle. this shows indecisiveness in the market but unfortunately looking at the previous week or so its obvious the downward trend is the stronger and this stock has never been one to trend up. it will have a few sparse up days, but until something real happens there wont be a whole lot of green. its almost funny how this stock is moving right now. today was the third cycle in a row of three red days with one small up day with the open and close straddling the middle of the trading range (spinning top?). its a perfect pattern. if tomorrow follows suit it will close around .0086-.0087, thats my guess at least.
Calvin87 and godspeed06, thanks for the comments.
Those that are "uncertain" and looking for more positive rebound indicators can wait and buy when more "buy" indicators are present.
I have been trading GZFX since last November and following are my reasons for buying back GZFX:
Since last July, I found that MACD is probably the most accurate indicator to use to make BUY/SELL points. I use MACD bottoms and peaks to chart my simplified BUY/SELL charts and generally it is right on target (with some small deviations).
If you look at MACD closely, it has bottomed and rebounded today. The "Negative to Positive" MACD indicator on BUY column represents MACD rebounding and going from negative to positive territory even though it is still in the negative territory. (Yes, I spent a lot of time looking at charts before I came up with this MACD BUY indicator as I developed the short-term swing trading template).
If you look at the BUY/SELL chart below, you will find that GZFX has been taking profit early as RSI approached 60 and rebounded at RSI 40. And that's why I decided to buy back.
As always, time will tell.
See you at market open. ;)
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.720#bot
joet,
All I can go by are the past performance data of stocks.
When I monitor my 20-40 group of stocks, I look for past technical trade patterns. Perhaps I can add the previous RSI buy/sell points to the swing trading templates in the future. ;)
Typically, stocks rebound with RSI between 30-50. Some stocks rebound off 50 and some will dip all the way down to 30 before rebounding. And most stocks will peak with RSI 70-80+ and some will peak early at RSI 60+. RSI and MACD are just mathematical representations based on past trading behavior/patterns of stocks.
When stocks I monitor rebound and peak, I look closely at the MACD bottoms and peaks. At present, I am using the simple BUY/SELL chart based on MACD bottoms/peaks to be the primary indicator, which has demonstrated to me to be the most accurate BUY/SELL indicator.
GZFX recently demonstrated that it will rebound off RSI 40 and peak at 60-70. That's why I believe GZFX has bottomed and with corresponding MACD bottom yesterday and I bought. Was Tuesday the bottom and yesterday true rebound point? Time will tell.
LiveLife, you could be right again. ;D
GZFX showing just a little green at the moment, hopefully it'll stay that way.
hmm... looks like today was a draw.
Calvin87, I am hoping. ;D godspeed06, yes even a "draw" day is a good confirmation for GZFX that's been on a downward fall. If this represents an "extended bottom" then GZFX will attract more buyers tomorrow. Let's watch how GZFX does tomorrow.
And I promised my wife no pumping or hyping GZFX on this trade. I will focus only on the technicals and sell as RSI hits the previous sell points of 60-70+. ;)
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg58214#msg58214
As to GZFX, another day of confirmation. More technical indicators are now in the BUY column and today's intraday performance will increase the confidence of this stock. Many were concerned about the 3 days of fall with 1 day of rise pattern and if this was the case, this pattern is now broken as of today.
Here's a retrospect of GZFX. Will GZFX follow the trendline?
my main concern as far as your trend line is concerned is the two big jumps which bumped it up were results of news or in high anticipation of news. otherwise, during "normal" trading days the stock has been going sideways or down. it does look like today stopped the bleeding, and maybe im just being a little too cautious, but i still dont have a good feeling about jumping in. this stock is like jekyl and hyde, on anticipation of news it pops, but never does otherwise. you say youre going to sell out by the RSI signal, do you have any idea what price that may correlate to? what are u shooting for? .012, .014?? looking at the charts i really dont know where this will settle in this vacuum of news. we've been concentrating on cc for sooo long, now that we got it- i dont know what else will bump it up besides A) some very positive news about the A/S B) profitability. i know these dont concern TA directly, but when news has such a strong impact in a stock like this its hard to overlook. as far as TA is concerned, im afraid of two things A) decrease in volume which appears to be happening. i remember back in february i think we went sideways for two weeks on no volume. B) i see the 20ma as resistance, and i dont see us going too far above it without news which makes the gains to be made from here minimal. but perhaps the 20ma wont be too hard to bust through. i have high hopes for this stock over the length of a year, but as far as swing trading it at this point, it could be dead in the water. but as as livelife said, lets just watch what happens tomorrow.
godspeed06, some good points. It's probable that many other traders share your sentiments.
As to the trendline, the blue trendline was drawn based on recent "bottoms" and does not take into consideration how high the stock "jumped" to.
My take is that if GZFX continues up from this point, then many will see that this is the "absolute" bottoming of GZFX and accept and follow the trendline. Since many are nervous about previous profit taking cycles of GZFX, I anticipate that RSI may peak earlier than 70-80+ (typical for most stocks).
Believe me, profit taking WILL happen with GZFX on the next run, but as the nationwide rollout commences in the month of May, confidence in GZFX will happen if the share price continues on the trendline.
After the next rise/fall cycle, if the trendline bottom is higher than present levels, then many will consider GZFX to be on the "bullish" run and continue to push the rise/fall cycles higher and higher. And you can bet that when/if this happens, I will be doing Rotational Swing Trading with GZFX. :D
Of course, this is only my "crazy" take only based on technicals yet to be realized. Add to this any new positive news/PR and it will only improve the share price prospect for GZFX IMHO.
BTW, does anyone realize that this stock is less than a penny?
Could GZFX ever trade in one penny increments?
Time will tell. ;)
QuoteBelieve me, profit taking WILL happen with GZFX on the next run, but as the nationwide rollout commences in the month of May, confidence in GZFX will happen if the share price continues on the trendline.
After the next rise/fall cycle, if the trendline bottom is higher than present levels, then many will consider GZFX to be on the "bullish" run and continue to push the rise/fall cycles higher and higher. And you can bet that when/if this happens, I will be doing Rotational Swing Trading with GZFX.
i absolutely agree. and if this company begins to look profitable you better believe im gonna be playing it. maybe im just really greedy, but id love to buy in the .007s >:D... we'll see.
Many are wondering about the GameZnFlix support/list on Peter Hankwitz Productions & Management website. Thanks the_unknown_factor for the link from Investors Hub MB.
Date:4/21/2006 8:18:31 AM
Post #of 155198
http://www.hankwitz.com/
http://www.filmmagic.com/ItemListing.aspx?cgl=178354&str=46126&styp=clbi&navtyp=CAL
BTW, Peter Hankwitz is running for congress.
http://www.hankwitzforcongress.com/
With many pipelines GameZnFlix has in the works, I also wonder what all these connections could mean. ;)
Looks like you were right. Up 8.6% on no news today. :)
All smiles. :D
Congrats!
I'm still in the red hoping for more green days.
Thanks fluxanimator. :D
After Wednesday - Friday's performance of GZFX technically rebounding of MACD/RSI bottom with 5/20/50/200 day Moving Averages now all turned positive, I believe GZFX will now continue to rise.
My sentiment at least short-term is that GZFX will continue to gain at least until RSI hits previous peaks of 60-70+. Like I posted previously, once the confidence for GZFX is confirmed, more buyers will leave the sidelines and buy GZFX with future anticipation of gains.
Like before, GZFX will take profit at some point. But as long as the confidence level for GZFX is maintained, I anticipate that dip from profit taking will be much smaller than previous dips. And if the next profit taking dip is not that small, you will certainly see even greater confidence for GZFX and the buying pressure will push GZFX to even higher levels.
Of course, this is only my "crazy" take. ;)
As always, time will tell.
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg58402#msg58402
I promised my wife not to pump or hype GZFX last week :D, and I won't. But to bring to attention to those that may not know, I do want to mention these new developments:
GameZnFlix is now listed on Peter Hankwitz's Productions & Management website perhaps "representing" Chip Gallent's (President of GameZnFlix) association and support for Peter Hankwitz.
http://www.hankwitz.com/ http://www.filmmagic.com/ItemListing.aspx?cgl=178354&str=46126&styp=clbi&navtyp=CAL
Peter Hankwitz is one of Hollywood's insiders that, among many, represents Digital Ranch, the producer of my favorite History Channel's program "Mail Call" - nice.
http://www.hankwitzforcongress.com/About_Peter.html
"Hankwitz also represents, among others, Josh Hancock, creator and star of the television series "Shifting Gears," and Emmy® Award-winning television production company Digital Ranch, which produces Sgt. R. Lee Ermey's "Mail Call" - the #1 half-hour series on the History Channel since 2002." More at link.
What does this mean? GameZnFlix is working on Satellite Video-On-Demand and already launched the GameZnFlix Entertainment Channel while securing rights to 170 TV shows and 3,600 movies. Peter Hankwitz represents companies (such as Digital Ranch) that produces TV shows. http://www.gameznflix.com/default.aspx?content=affiliate/gnfent&kbid=2020
http://biz.yahoo.com/iw/060328/0115059.html
http://biz.yahoo.com/iw/060412/0122908.html
Just imagine, how many would love to have History Channel's entire library of programs available for "Instant Video-On-Demand" viewing?
Especially with Peter Hankwitz (Republican) now running for US Congress, GameZnFlix association/support of Peter Hankwitz cannot be taken lightly. Dang, what if he wins and goes to Congress? ;)
Seriously, Chip Gallent already has strong support for US Military and GameZnFlix offers ongoing discounted rates for veterans and active/reserve US Military and Department of Defense members. The deal with AAFES will certainly not hurt GZFX share price, and once done, will improve the future for GameZnFlix by securing increased subscriber base. http://www.aafes.com/
These new developments represent that GameZnFlix management is working actively to secure and improve the future of the company. With the nationwide rollout to commence in the month of May with Circuit City, it is my sentiment that GameZnFlix is working hard to deliver on their promises to fulfill their many pipelines.
Repost from Swing Trading MB:
http://www.3stocksonfire.org/trading/index.php?topic=3635.msg58428#msg58428
My repost from investors hub MB:
http://www.investorshub.com/boards/read_msg.asp?message_id=10781413
Date:4/22/2006 2:22:44 PM
Post # 155788
TruthfullyTina,
I will let market sentiment determine the future price of GZFX and association to Peter Hankwitz. (see bottom sentence) http://www.hankwitzforcongress.com/About_Peter.html
"Peter lives with Julian Trevino, his domestic partner since 1997, in Northridge, California."
I believe GameZnFlix association to Peter Hankwitz is based on his "professional" work in Hollywood and GameZnFlix's pursuit of securing rights to TV shows and movies for their Video-On-Demand and other downloadable media content pipelines.
My repost from investors hub MB:
http://www.investorshub.com/boards/read_msg.asp?message_id=10782986
Date: 4/22/2006 6:51:40 PM
Post # 155842
TruthfullyTina,
I am a technical trader who trades on Swing Trading principles. I also maintain a MB thread that supports newbies to Swing Trading at 3SOF.
I have been trading GZFX since November 2005 and is well aware of the challenges GameZnFlix as a micro-cap startup company faced and will be facing in the future.
Video-On-Demand and media content downloading are pipelines GameZnFlix need to secure to be competitive in the future market place of consumer entertainment.
Being able to secure rights to 170 TV shows and 3,600 movies is a positive achievement for this tiny company going against the giants like Netflix.
If association with Peter Hankwitz would raise a concern, we need to look at the entire Hollywood/entertainment industry. To secure additional TV/Movie rights, GameZnFlix will need to associate/negotiate with many other Hollywood insiders/movers/shakers who undoubtly will have "questionable" issues - this obviously comes with the territory [media/entertainment industry].
Of these group of "questionable" Hollywood insiders/movers/shakers, Peter Hankwitz was "substantial" enough to get the support of the Republican Party to run for US Congress. I believe this says a lot.
Was there any concern as to the associations (political or otherwise) the various new startup companies' (Netflix, Sirius, XM satellite, Hansens, AMD, Intel, etc.) management made in the early days of corporate growth? If there was any, it is no longer an issue.
My sentiment is that the market will be concerned about the viability and future growth of GameZnFlix as a company in the everchanging and highly competitive (yet very lucrative) consumer entertainment industry.
Repost from investors hub MB:
http://www.investorshub.com/boards/read_msg.asp?message_id=10786723
TruthfullyTina
In reply to: LiveLife who wrote msg# 155975
Date:4/23/2006 12:12:45 PM
Post # 155976 of 155990
Live thanks for the optimistic post. Sorry I didn't get a chance to thank you for your response last night (went to bed early). However, I will check out that website. I would love to bet some good pointers in that line of trading.
Thanks again and enjoy your Sunday.
There sure is a lot of buzz on finance MBs regarding the future of GZFX.
My sentiment is that all the "bad news" about GameZnFlix are already on the table and "common knowledge" to those trading/investing GZFX shares.
This past week's Wednesday - Friday intraday performance of GZFX has demonstrated that those that wanted to sell to bail out of GZFX on panic have already done so. The drying up of "fear selling" on "alleged" bad prospect for GameZnFlix will, IMO, allow GZFX to gain steadily from these levels.
Technically, GZFX 20/50/200 day Moving Averages are all positive now and with GZFX having historically traded at upwards of $0.19, these factors will attract many new buyers as GZFX is rebounding off a technical bottom and is looking for a bullish technical run.
I am looking forward to upcoming days and weeks for GZFX.
As always, time will tell.
After 12%+ gain the last three days, it appears that some took profit.
5/20/50/200 day Moving Averages still all positive.
i think for most it was more of an escape than a profit taking if it was either at all. i think its mostly just that gzfx cannot sustain an upward trend yet. right now its playing between the 5ma and 50ma. which ma it breaks today is important. RSI took a downward turn and is beginning to continue its downward decline. 20ma also took a sharp turn downward. 10 day CMF is still negative. macd is beginning to fall again. i think the volume by price is quite telling at the moment. there is lots of selling around the .0105-.009 area. people seem to be buying in the most around the .011 and the .008 area especially. with the price trending downward and the lack of volume, i feel like this will test .009 again soon, then possibly fall back down to the.008 area. at that point i feel like people will start buying back in again, but only to take profits soon after it breaks the penny barrier. this stock will not trend upwards as everything stands right now.
GZFX released its 10Q this afternoon, and there were no big surprises in it. Many investors were being cautious about holding into the 10Q, and now that its out and as expected, I think we'll see some buying come in.
With the national Circuit City rollout beginning next week, the growth phase of this company is just now beginning...
high of day on 50ma, and closed down on 5ma. i think it falls below 5ma tomorrow on its way back down to .009. the 10Q said they could only handle 15000 subs at this point. have averaged 8000. revenues are up significantly but so is their net loss. even with cc they feel they wont reach profitability this year.
-The Company had gross revenues of $403,610 and $160,773 for the quarters ended March 31, 2006 and 2005, respectively, an increase of $242,837 or approximately 150%. Gross revenues were derived mainly from monthly subscription fees. This increase was primarily due to a greater increase in the subscriber base compared to same period in 2005, fueled by more market awareness of the Company's services. During the first quarter of 2006, the Company's subscriber base averaged approximately 8,000 subscribers per month as compared with approximately 3,000 in the same period of the prior year.
-The Company had net losses of $1,588,948 and $675,704 for the quarters ended March 31, 2006 and 2005, respectively, an increase of $913,244 or approximately 135%. This increase is the result of the factors discussed above. The Company anticipates having recurring net losses during 2006.
none of this means there isnt money to be made in this stock. but i think youll have the best shot at doing that by buying sub penny possibly sub .009. it has taken lots of hype to make this stock move, and it ended up being hollow. now that all the craziness is behind us, we're stuck with reality. a company that has potential and a major partnership but just wont be profitable for a while. flip it or buy it and dont look at it for 15 months, but dont expect it to trend upwards.
As I posted previously, I will be trading GZFX technically based on the BUY/SELL chart.
Other boards are discussing the disappointing sub count.
Only 2,000 increase in 3 months from the last Q.
Only 666 added per month.
Thought they expected much more than this ?
The last Q stated 1,500-2,500 to be added per month.
Much further off than most people expect.
actually, the sub count was what most of those on the boards i've checked were expecting, and were completely consistent with what i was looking for. no one thought that there would be blow out subs in the prior quarter. the company has been gearing up for the circuit city rollout, which begins next week. the growth phase of this little company begins next week. no one is holding this stock for what happened three months ago.
as a holder of the stock, and not someone looking to get in lower, i am very pleased that the 10Q is out, and that there were ABSOLUTELY NO SURPRISES in it. Those who were hoping to buy back in much lower after the release of the 10Q will have to pay up, imo. they are the ones all over the message boards tonight trying hard to convince others to sell.
Quote from: Stocksquire on April 25, 2006, 09:34:37 PM
actually, the sub count was what most of those on the boards i've checked were expecting, and were completely consistent with what i was looking for. no one thought that there would be blow out subs in the prior quarter. the company has been gearing up for the circuit city rollout, which begins next week. the growth phase of this little company begins next week. no one is holding this stock for what happened three months ago.
as a holder of the stock, and not someone looking to get in lower, i am very pleased that the 10Q is out, and that there were ABSOLUTELY NO SURPRISES in it. Those who were hoping to buy back in much lower after the release of the 10Q will have to pay up, imo. they are the ones all over the message boards tonight trying hard to convince others to sell.
fill the gap wasnt just giving his opinion on the overall feel of posters on other message boards, he quoted the last Q's numbers which were much higher than those reported today... also none of us here are bashers and are either holders, were holders, or will be holders. by the way, why would you not be hoping to get in lower? the lower youre in the more you make... seems like common sense to me. could you give us some of your reasons for why the stock wont drop below the point its at right now besides just your feeling. some TA or FA? ive learned a lot from people here and have much yet to learn.
Quote from: godspeed06 on April 25, 2006, 09:44:12 PM
Quote from: Stocksquire on April 25, 2006, 09:34:37 PM
actually, the sub count was what most of those on the boards i've checked were expecting, and were completely consistent with what i was looking for. no one thought that there would be blow out subs in the prior quarter. the company has been gearing up for the circuit city rollout, which begins next week. the growth phase of this little company begins next week. no one is holding this stock for what happened three months ago.
as a holder of the stock, and not someone looking to get in lower, i am very pleased that the 10Q is out, and that there were ABSOLUTELY NO SURPRISES in it. Those who were hoping to buy back in much lower after the release of the 10Q will have to pay up, imo. they are the ones all over the message boards tonight trying hard to convince others to sell.
fill the gap wasnt just giving his opinion on the overall feel of posters on other message boards, he quoted the last Q's numbers which were much higher than those reported today... also none of us here are bashers and are either holders, were holders, or will be holders. by the way, why would you not be hoping to get in lower? the lower youre in the more you make... seems like common sense to me. could you give us some of your reasons for why the stock wont drop below the point its at right now besides just your feeling. some TA or FA? ive learned a lot from people here and have much yet to learn.
i'm already holding 10million shares from a lower number, so i would be foolish to want the pps to go lower. as for not having bashers here, i disagree. i have been an investor since 1994, and since public message boards have become popular in the mid to late 1990's, there are always bashers for every stock on every board. well moderated boards like 3SOF do a good job of limiting the bashing, but its here in more subtle forms. some are clever, and some build a reputation on a board as a long. but, to be sure, when that long sells, and then shows up on the same board with nothing but negative things to say about the company, that person is hoping to be a holder again at a lower pps.
as for why i think this stock is heading higher, it is based on my dd, much of which i have been posting on the ihub message board.
post what youre posting on ihub here... or whats the point of posting here to begin with. and theres a difference between bashing and posting what some users may feel is negative information. a basher uses lies and deceit to scare people into selling. if someone posts truthful information or gives solid TA and it happens to sound negative then thats just how it is. u can choose to agree or disagree with it. message boards arent just for holders to pat themselves on their backs. theyre for people like us to learn from each other and hopefully make some money. if posts seem to be on the negative side its simply bc the charts look that way. livelife likes how the charts are shaping up and is giving his view. ive been trying to give mine. when i feel the charts are shaping up ill say so. i wont presume to say that im better at this than livelife, in fact im sure im not, but im only going to learn by having smarter people point out my mistakes. if you feel that something ive posted doesnt make sense or is just plain wrong, let me know so ill be able to make adjustments. id rather you do that than start talking about bashers...
Quote from: godspeed06 on April 25, 2006, 10:37:03 PM
post what youre posting on ihub here... or whats the point of posting here to begin with. and theres a difference between bashing and posting what some users may feel is negative information. a basher uses lies and deceit to scare people into selling. if someone posts truthful information or gives solid TA and it happens to sound negative then thats just how it is. u can choose to agree or disagree with it. message boards arent just for holders to pat themselves on their backs. theyre for people like us to learn from each other and hopefully make some money. if posts seem to be on the negative side its simply bc the charts look that way. livelife likes how the charts are shaping up and is giving his view. ive been trying to give mine. when i feel the charts are shaping up ill say so. i wont presume to say that im better at this than livelife, in fact im sure im not, but im only going to learn by having smarter people point out my mistakes. if you feel that something ive posted doesnt make sense or is just plain wrong, let me know so ill be able to make adjustments. id rather you do that than start talking about bashers...
fair enough. you have the right attitude, and there are plenty of talented technicians and fundamentalists at 3SOF from which to learn. i will try to pull together some of my research and post it here. as for the present TA, suffice to say that I agree with LiveLife's analysis. The bounce off of the 200dma was the beginning of a new uptrend channel. I would have liked to see the 50dma hold, but the volume has been low, and today's drop below it could simply be a few large investors getting impatient. I would really like to see the RSI get back over 50. Understand, though, that I am holding this long term, and my day job simply is not giving me the time to trade daily, so I am less concerned with the day to day ticks on the stock.
Quote from: Stocksquire on April 25, 2006, 09:34:37 PM
no one is holding this stock for what happened three months ago.
as a holder of the stock, and not someone looking to get in lower, i am very pleased that the 10Q is out, and that there were ABSOLUTELY NO SURPRISES in it. Those who were hoping to buy back in much lower after the release of the 10Q will have to pay up, imo. they are the ones all over the message boards tonight trying hard to convince others to sell.
First of all, The quarter ended end of March, not 3 months ago, so very current.
The numbers increased for Net Loss of 135 percent. The low sub count is important because that is the source of revenue. The lower it remains, the more dilution hits the market.
(f) Net Losses.
The Company had net losses of $1,588,948 and $675,704 for the quarters ended March 31, 2006 and 2005, respectively, an increase of $913,244 or approximately 135%. This increase is the result of the factors discussed above. The Company anticipates having recurring net losses during 2006.
Secondly, we all know each other here. There is a history with the posters on this thread. Always interesting to see people come in and accuse us of something. It is a discussion board to present and analyze information.
3SOF is different than the other boards. Let's keep it this way.
Quote from: godspeed06 on April 25, 2006, 10:37:03 PM
post what youre posting on ihub here... or whats the point of posting here to begin with. and theres a difference between bashing and posting what some users may feel is negative information. a basher uses lies and deceit to scare people into selling. if someone posts truthful information or gives solid TA and it happens to sound negative then thats just how it is. u can choose to agree or disagree with it. message boards arent just for holders to pat themselves on their backs. theyre for people like us to learn from each other and hopefully make some money. if posts seem to be on the negative side its simply bc the charts look that way. livelife likes how the charts are shaping up and is giving his view. ive been trying to give mine. when i feel the charts are shaping up ill say so. i wont presume to say that im better at this than livelife, in fact im sure im not, but im only going to learn by having smarter people point out my mistakes. if you feel that something ive posted doesnt make sense or is just plain wrong, let me know so ill be able to make adjustments. id rather you do that than start talking about bashers...
Another excellent post, Godspeed06, Applaud !
Quote from: fill_the_gap on April 26, 2006, 12:37:51 AM
Quote from: Stocksquire on April 25, 2006, 09:34:37 PM
no one is holding this stock for what happened three months ago.
as a holder of the stock, and not someone looking to get in lower, i am very pleased that the 10Q is out, and that there were ABSOLUTELY NO SURPRISES in it. Those who were hoping to buy back in much lower after the release of the 10Q will have to pay up, imo. they are the ones all over the message boards tonight trying hard to convince others to sell.
First of all, The quarter ended end of March, not 3 months ago, so very current.
The numbers increased for Net Loss of 135 percent. The low sub count is important because that is the source of revenue. The lower it remains, the more dilution hits the market.
(f) Net Losses.
The Company had net losses of $1,588,948 and $675,704 for the quarters ended March 31, 2006 and 2005, respectively, an increase of $913,244 or approximately 135%. This increase is the result of the factors discussed above. The Company anticipates having recurring net losses during 2006.
Secondly, we all know each other here. There is a history with the posters on this thread. Always interesting to see people come in and accuse us of something. It is a discussion board to present and analyze information.
3SOF is different than the other boards. Let's keep it this way.
i call them like i see them - always have, always will. there are plenty of investors who watch the boards and don't post. they deserve balanced information.
while i still maintain that the real growth phase of GnF starts next week with the Circuit City national rollout, and that last quarters 10Q has little relevance to the growth this little company is about to experience, there are a number of VERY positive take aways from the 10Q. They include, but are not limited to:
-25% sub growth
-150% revenue growth
-Roughly $10mil in cash available
-finalization and signing of the Circuit City National Co-Marketing agreement
-unveiling of a greatly improved website, which includes a streaming video feature that will be used to provide an additional source of revenue through Video On Demand.
-relocation of key East Coast distribution center to Mass.
Moreover, in gearing up for the Circuit City rollout, very little was spent on advertising in trhe first quarter (which makes the 25% increase in subscriptions even more remarkable). But, we see from the recently filed 424B3 that they intend to increase advertising by 150% over last year. Thus, we know that marketing blitz is forthcoming. Why wait until now? My opinion is that, with the CC rollout approaching, they needed to build the infrastructure to have the capacity to handle a greatly increased number of subscriptions.
And, we still have AAFES and a possible third affiliate that can add to the subscription numbers going forward. There is also talk of another acquisition (Gamerang?), which will immediately add subscriptions and additional facilities.
Stocksquire,
And don't forget this from 10Q:
"The Company will continue to seek similar relationships with nationally known companies or agencies to further brand the company name."
;)
If 1 cent base can hold, it may become a decent entry.
Such a yo-yo stock, a gradual increase would be nice.
Maybe some news about CC rollout beginning in May can come soon.
Any news would be helpful.
But after such a drastic retrace and Q already known, the downside is probably not much from here.
I will be adding some shares if it can hold up. ;)
Quote from: fill_the_gap on April 26, 2006, 12:00:27 PM
If 1 cent base can hold, it may become a decent entry.
Such a yo-yo stock, a gradual increase would be nice.
Maybe some news about CC rollout beginning in May can come soon.
Any news would be helpful.
But after such a drastic retrace and Q already known, the downside is probably not much from here.
I will be adding some shares if it can hold up. ;)
I agree, not much reason for going lower at this point -- the unknown about the 10Q had many potential investors spooked and on the sidelines, and it is now behind us.
Going forward, there is a good bit of positive news expected, some of which may come not in the form of a formal PR, but rather from what we see going on with the Circuit City rollout beginning next week (e.g., displays in stores, advertising in various forms, including the CC weekly circular and website). It's an exciting time for GnF.
I also like how the chart is shaping up. While we have been sideways for a few days now, I like some of the consolidation I'm seeing. We filled the gap, held the 200dma, and now the 50dma (.0101) and the 100dma (.0106) are coming together to possibly give us another "golden cross."
fill_the_gap, stocksquire,
I am bought back at much lower levels, so I am still very comfortable.
What I think is happening with GZFX is many:
1) I think many are still "unsure" and panic selling at the first sign of share price loss as seen yesterday and today.
2) Many are jumping (perhaps daytrading) between GZFX and other stocks (STTK, VRDM, etc.) as such, their price gain/fall are inversely related going back a few weeks. (If STTK, VRDM gains, GZFX falls and vise versa)
3) I think many sold before the 10Q report, which I anticipated to be "nothing new or extraordinary" so I chose to hold through 10Q reporting.
4) There's "let's wait and see" sentiment among many traders who traded GZFX before and lost money.
If you are thinking about trading GZFX again, I recommend that you wait for more confidence building on this stock. I am bought in at lower levels so I can afford to "wait and see" with a smile. If GZFX can't rebound, then I will sell above my buy price.
My sentiment is that GZFX will "struggle" some more before the passage of time/bad feelings will pass. Technically, GZFX is due for a rebound and I am trading GZFX only based on indicators, to sell on the next MACD/RSI peak - it's all about being on the right side of the trade and making money.
As always, time will tell. ;)
judging from previous action, i think tomorrow we will have either a spinning top showing indecisiveness, or it will drop down to the low .009 level. if it was going to continue its up trend it would have closed positive today and certainly not closed below the 5ma. then we could either see another bounce off of .009 support or see it decline further. if it bounces off i doubt it will have the steam to get into the .011 level, but if it continues down to .008 i will consider buying in. 25% is well within reach at that point. the stock has yet to prove itself as a penny or sub penny stock, so its all about just buying at the right low point. im hesitant at buying in around the .01 level because i think the stock has shown that it wont make it to .012 (what i consider a decent gain level) without news. theres just not enough buying pressure and volume to get it there. whether people are playing something else, or theyre hesitant, or theyre panic selling, either way, this stock has NEVER trended upwards for any decent length of time. the only thing that will move it is news, and there arent any news surprises left for us. profitability is what will make you the money all the people who play pennys hope for, and that wont happen for months.
Quote from: godspeed06 on April 26, 2006, 09:42:18 PM
judging from previous action, i think tomorrow we will have either a spinning top showing indecisiveness, or it will drop down to the low .009 level. if it was going to continue its up trend it would have closed positive today and certainly not closed below the 5ma. then we could either see another bounce off of .009 support or see it decline further. if it bounces off i doubt it will have the steam to get into the .011 level, but if it continues down to .008 i will consider buying in. 25% is well within reach at that point. the stock has yet to prove itself as a penny or sub penny stock, so its all about just buying at the right low point. im hesitant at buying in around the .01 level because i think the stock has shown that it wont make it to .012 (what i consider a decent gain level) without news. theres just not enough buying pressure and volume to get it there. whether people are playing something else, or theyre hesitant, or theyre panic selling, either way, this stock has NEVER trended upwards for any decent length of time. the only thing that will move it is news, and there arent any news surprises left for us. profitability is what will make you the money all the people who play pennys hope for, and that wont happen for months.
You are correct. I did not like the action yesterday at all.
GZFX would need some big news to get it going. Until then, the trend is down.
Yesterday did not hold, so I did not buy any.
You know I have been an advocate for over a year now. But the 10Q was an eye opener for those wanting to make any money on GZFX.
It seems all the eggs are in the basket for Circuit City. Very dangerous. What if CC cancels? What if rental become unpopular? And if you run the numbers, CC will not help them much in 2006 considering the Net Loss figures going up much faster than revenue. So how far out can it go before VOD sets in. And do not tell me that GZFX VOD is going to be a player. A waste of money.
Problem is that they pay alot per subscriber to CC. This is not very profitable to GFZX unless a sub is maintained for several months. Any churn further hurts the Net Loss.
After reading the Q, it is obvious that GZFX has major issues. Worse than most ever realized.
They maxed out Authorized Shares and added 25 billion total to pull from if they want. That is never good to see happen, especially when the CEO said no more dilution was happening and then slapped 2 billion more shares on the previous Q. Who knows when they will stop selling shares for cash and GG converting.
The lower the PPS, the harder it will be to move up. The GG conversion schedule is brutal for shareholders.
Net Loss went up 135 % to 1.5 million dollars ! Net is the bottom line. Increasing revenue does very little if Net Loss increases more.
Subs are the revenue source. They only averaged 666 subs over the last 3 months when expecting 1500-2500 as stated in the last Q.
Circuit City pilot program did not produce many subs. GZFX has also stated that CC will account for very little in 2006 as they ramp up.
With Golden Gate debentures and GZFX selling shares to get cash, this is only a play on news.
But with the big CC news come and gone, who knows when anything substantial will come. Until then, trading the chart is the only way. Those waiting for a big payday here, good luck.
So many people fell in love with GZFX on the CC story. Time to take off the blindfold. Emotional trading never has helped anyone. This is why investing in an OTC is not often done. The same pattern occurs, hype, dilution, hype, reverse split, more dilution. Ask yourselves who is making all the money here.
The financials were much worse than expected. >:( Maybe a trade on news off of moving averages if possible. Nothing more. Too many other stocks to make money on.
i said yesterday the stock had two options today: i thought it would continue down to the .009 (which it did) but was also unsure as to whether or not it would follow the previous trading pattern of three down days with a spinning top which it didnt do. no indecisiveness today - high of day on the 5ma with very little top shadow. today also dropped down with less volume than yesterday which, i think, goes to show that without volume or news the stock will continue to decline. i had been watching the 10 day cmf bc it had been trending up hinting as a possible reversal, but today it headed straight down. rsi, macd, and 20ma all heading down. i see the stock going down to at least the 200ma. probably dipping under. again there might be a stray up day in there, but nothing that will hold. at least, there isnt any evidence of sustaining an upward trend at the moment.
I am still holding GZFX. The share price is almost down to my buy price of April 19th, but I will give GZFX a few more days to rebound.
If GZFX won't rebound, I will sell. If GZFX does rebound from current levels, I will trade based on technicals.
absolutely, i dont feel the charts will start to shape up until around the.007-.008 for reasons i have posted earlier. but if they do, im most likely going to buy in at that point looking for a 25-30% gain. thats how you make money in these things. buy at the right time and set a price to sell at, dont let yourself be greedy. one trade of 20% even just per month and look at what youve got over the year if you reinvest the principle plus the gain on each consecutive play...
Finished up 5.5%. GZFX seems be floating between .009 and .01 - not too sure if it has bottomed out yet though.
We'll see.
Up 5.49% today. I will continue to trade technically with GZFX.
FYI
Repost from Raging Bull MB:
http://ragingbull.lycos.com/mboard/boards.cgi?board=GZFX&read=239191
29 Apr 2006, 11:04 AM EDT
Msg. 239191 of 239191
(This msg. is a reply to 239184 by FSTEDDIE.)
FSTEDDIE,
I agree with your comments. Traders keep forgetting that GameZnFlix is a tiny startup company that got big plans, and has already delivered on many of its promises.
Also, this is from 10Q.
"The Company will continue to seek similar relationships with nationally known companies or agencies to further brand the company name."
If they deliver on this promise also, then will the confidence of GZFX increase?
QuoteThey are already a player on a small field. They rent DVD's cheaper than the big names, They rent Games cheaper than others & they rent both at a considerably cheaper price than having to subscribe to dual plans. Quite frankly they have built a better mouse trap. The name of the game is going to be service. They are admittedly taking baby steps but IMO this is how it should be to provide the service they promise. Name recognition is going to be big & that is being accomplished through CC, it will not happen overnight & I view it as a long hold. ED
Technically, if GZFX continues to rebound, will it follow the trendline?
I'm out GZFX as of last week with a fair loss - but I may have saved myself further agony. We live rurally and don't get broadcast TV or cable (I see this as a plus, books get read here - as well as Internet).
We visited friends in the Bay Area over the weekend, saw an ad aired a few times on some cable stations for Gamefly.com. Check out http://www.gamefly.com - tell me this doesn't look eerily familiar. Haven't looked into the company, whether it's publicly traded - but one thing I see as an immediate advantage on this site is that they provide a toll-free # for human contact. Even if I never call, providing a telephone # just gives me a sense of confidence in the company.
Just my opinion/observation - but I am beginning to sense that GZFX has a longer road than I first anticipated, and I feel a bit bitter about the huge dilution. To me that comes as an insult to the shareholders who risked the most to support them - especially in light of discovering this existing competition.
Good luck to y'all.
It has gone so long without any news. The talks are about another major retail partnership. You would have to think that something would come. I am accumulating some shares (lower .009's) as it drifts. These shares would be sold on any positive news. A 10% pop is not uncommon when news hits. And a major retail deal would do more than 10%. Trading in and out on news adds up if you do it enough times. Looking at the charts, it looks like the trading range is well defined until news hits. The fundamentals are not good so without news, we probably hit the .008's. This will only be a trade into positive news. The reason I would consider buying is the strong hint that they have partnered with Target. If true, I would sell the news the same day.
fill_the_gap,
GZFX has tested $0.0091 the last 4 days and it is holding. GZFX is still trading above the trendline and I will continue to hold as long as the trendline holds.
i can see it acting exactly as it did all through february. look at the charts they already look almost exactly the same. it will either flatten out and go sideways in the low .009s or drop down.
GameZnFlix Announces Investor Update Web Cast
http://biz.yahoo.com/iw/060503/0126603.html
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B4E3CA703%2DFCC3%2D4B3B%2DA206%2DF88984691A69%7D&siteid=mktw&dist=nbs&symb=
Wednesday May 3, 9:00 am ET
FRANKLIN, KY--(MARKET WIRE)--May 3, 2006 -- GameZnFlix, Inc. (OTC BB:GZFX.OB - News), an online provider of video games and DVDs for rent or purchase, announced today that CEO/Chairman John Fleming and President Donald "Chip" Gallent will host a web conference to discuss the state of the company.
The conference call will take place at 10:00 a.m. Central Time, on Thursday, May 18, 2006. Anyone interested in listening can access the web cast at GameZnFlix's website at http://www.gameznflix.com. The web cast may also be accessed at ViaVid's website at http://www.viavid.net. The web cast can be accessed through May 17, 2007 on either site.
This is just my crazy take. For the last few days, other pennies like STTK, VRDM, USXP have been falling. My sentiment is that many will buy back GZFX if current levels and trendline hold. ;)
livelife, i been following and getting in and out of GZFX since November 05. I have predicted when breakouts were going to occur pretty well accurately. I know the trend pattern pretty well, jmho. Not saying i know the exact date but a short span time frame. Now i based this prediction using bollinger bands. The bollinger bands are getting tighter around the pps like it did in late feb. I will need to see what it does tomorrow and friday before i can throw out my official guess. However, if i had to answer right now, i would say next week we will see gzfx breakout of indecision mode. Friday something could happen (risky opinion) so lets see what happens in this week and then ill come back and give you guys my best official prediction! good luck
stocks1984,
It is often hard to wait for a stock to move. I am a short-term swing trader by heart and I am on a daily lookout for the "next" trade.
My sentiment for today, especially this afternoon, maybe that many chose to sell to buy other stocks, such as CHID.OB while waiting for GZFX to rebound. My position for GZFX is much smaller, and many others may have reduced their holdings of GZFX.
I will continue to do Rotational Swing Trading.
http://www.3stocksonfire.org/trading/index.php?topic=3635.750
Yes, I also believe this week will tell whether GZFX will rebound.
Any updates on the Moving Averages?
The word on the street remains Target and AAFES deals.
This seems stronger than a rumor. Much like Circuit City was the first time around.
I will be accumulating a position now in the .008's and then selling into any news. ;D
fill_the_gap,
The price fell below the trendline and I sold the remaining shares. I have traded ZENX and have watched USXP for a rebound. I bought USXP this morning with RSI hitting 30.
I will buy back GZFX on more definite signs of rebound.
fill_the_gap,
I promised that I would trade GZFX strictly technically to my wife. When it fell below trendline, I had to sell.
I know the AAFES deal and the upcoming webcast will improve the outlook for GZFX, especially if they fulfill their promise of signing with another national outlet.
I have discussed much with the second newbies group and plan on posting this weekend on the viability of trading penny stocks and possibly holding multiple penny stock positions since any one position taking off with several hundred percent gain will more than make up for other positions.
I feel that penny stocks should not be overlooked, especially if you are speculating with smaller accounts that many of the newbies have.
I am planning to jump back into GZFX on more rebound signs.
New Florida distribution center opens up Mid-June - at least that's semi-good news. Doesn't really mean much for the short-term, but at least GZFX is still looking to progress forward as a whole :D
There also seems to be the support around .009, it floated back up above that today.
ok. like i said early last week i was going to give you my prediction to when GZFX is going to move as a breakout. Now i study the chart and reviewed my DD. Now if my DD is right like it has been on GZFX in its previous pasts run ups, i am predicting that GZFX will breakout to the upside by this week! Bollinger bands are very tight around the pps like it was late to early march before it up. The chart has a pattern that it has created since the first initial run on CC pilot program back in oct. If you look at the charts you'll noticed that GZFX breakouts to the upside (or could to the downside) when the BB are tight around the pps. Mark my words, GZFX will breakout to the upside, in my honest opinion, this week. If not this week for sure next week. But my DD is telling me this week! Noticed the buy ratios to sell orders. There was a lot of buying going through today! Even though we had news i still think something is in the works to have GZFX breakout from indecision mode (sideways trading). That is my prediction! will see what happens! :)
I sure as hell hope you're right, but we'll see.
I can't say that I share your sentiment completely, but I agree with you, it seems to be in the same sort of pattern before the previous breakout.
Quote from: stocks1984 on May 08, 2006, 06:12:18 PM
ok. like i said early last week i was going to give you my prediction to when GZFX is going to move as a breakout. Now i study the chart and reviewed my DD. Now if my DD is right like it has been on GZFX in its previous pasts run ups, i am predicting that GZFX will breakout to the upside by this week! Bollinger bands are very tight around the pps like it was late to early march before it up. The chart has a pattern that it has created since the first initial run on CC pilot program back in oct. If you look at the charts you'll noticed that GZFX breakouts to the upside (or could to the downside) when the BB are tight around the pps. Mark my words, GZFX will breakout to the upside, in my honest opinion, this week. If not this week for sure next week. But my DD is telling me this week! Noticed the buy ratios to sell orders. There was a lot of buying going through today! Even though we had news i still think something is in the works to have GZFX breakout from indecision mode (sideways trading). That is my prediction! will see what happens! :)
It's kinda funny (odd) that there is 61 pages of this stock and it never materialized. I followed it for a while and even dove into it for a week before selling for a small loss (I call it tution to learning the market). With all the news of Circuit City, AAFES (however you spell it), when the price kept going down, I decided it was time to bail. I wonder how many are still in it getting the dripping water torture?
Quote from: jsintexas on May 11, 2006, 10:14:57 PM
It's kinda funny (odd) that there is 61 pages of this stock and it never materialized. I followed it for a while and even dove into it for a week before selling for a small loss (I call it tution to learning the market). With all the news of Circuit City, AAFES (however you spell it), when the price kept going down, I decided it was time to bail. I wonder how many are still in it getting the dripping water torture?
Those that have traded GZFX on news have made well over 100% return this year. But the dilution factor from the financing makes it a trading stock to sell quickly on news. The problem is that everyone now wants to sell the AAFES and/or Target news. The advance may not be that great before it falls back down again.
What's up with GZFX?! So down!
after it took that nasty fall, i decided to buy in at .006. i could have bought in a little lower in the .005s, but oh well. looks like its beginning to stabilize. past three days have brought in ascending lows. RSI is climbing and macd is bottoming. 10 day cmf is also increasing and has been on somewhat of an upward trend since the end of april which i think is a very positive indicator. im not sure how much it can climb up or if it even will from here. i think there is a decent chance of climbing up to the .0075 level, id be happy with that 25% gain. otherwise, i could see it stabilizing between .006-.0065 in the same manner as before it took the dive.
http://biz.yahoo.com/iw/060630/0140914.html
Was wondering if anyone else saw this ...
Pretty interesting development here. Can't say I expected them to do this. Announced after hours on Friday, will be exciting to see what happens on Monday.
GZFX has actually been trending slightly upward as of late, something they have not done in a very long time. They've generally had one-day explosions with long declines, but things seem to be a little bit different now.
Keeping my eye on our little friend here.
Finally we have a news today: "GameZnFlix, Inc. to Be Included on the Army and Air Force Exchange Website" http://biz.yahoo.com/iw/060809/0151890.html
We have a news, we have a volume, but I don't see expected action - 0% ???
Any comments?
Something suddenly happened at 14:50 - we saw a good volume and good price action.
Very interesting IMHO: volume+price+enough space for RSI and STO growth and ...
without news ???
Any comments?
Maybe its a break in the gigantic, record-breaking, dillution?
GZFX is starting to gain attention again, after a tough few months of steady declines. The volume has started coming back in, and it looks as though .004 has been established as solid support. GZFX ran pretty hard into the holiday season last year, and the interest returning to the stock over the last few days is in part due to the expectation that the cycle will repeat itself this year. GZFX has just launched a massive online advertising campaign, as well as a cross-country bus tour/gaming competition, where they've teamed up with McDonald's. These factors, and the expectation of vastly improved subscription numbers from this activity, may also be contributing to the renewed interest. Of course, the knock against GZFX is the huge number of O/S (around 4.7 billion), and the threat of more dilution. That is certainly a factor to consider, but this stock has shown that it can still run even with the heavy shares. It ran to over .02 on multiple occasions last year, once from a low in the .002's.
There are a number of sites where you can start some good DD on GZFX, including the GZFX board at Ihub.
Stocksquire, thank you for your post and applaud :)
Who can describe me, why spikes appear ONLY at the END of the month?
Three month we see the same pattern... third false breakout.
I hold some GZFX, but after unexpected crazy dilution BEFORE expected huge news on last April I don't believe to GZFX management
Quote from: gri64 on September 28, 2006, 03:05:19 PM
Stocksquire, thank you for your post and applaud :)
Who can describe me, why spikes appear ONLY at the END of the month?
Three month we see the same pattern... third false breakout.
I hold some GZFX, but after unexpected crazy dilution BEFORE expected huge news on last April I don't believe to GZFX management
the dilution is a big concern, but it was needed by management to build the infrastructure to handle the subscriptions. now that the infrastructure is in place (they've now opened 9 distribution centers, and will likely open one more before the holidays), they are ready to handle the new subs, and have begun a massive advertising campaign to attract them. Also watch for enhanced co-marketing with Circuit City soon, as well as possibly another retailer. I actually have a lot of confidence in management, but understand why those who held back in April/May were frustrated with the additional dilution.
Chip Gallent, Gameznflix President, gave a nice interview on MN1 radio earlier this week. I recommend listening to it as part of your DD.
As for the rises the last 3 months, I've noticed it as well. My best guess is that it is market makers adjusting end of month inventories, and possibly closing out naked short positions. I think that the rise that began yesterday is also due in large part to new interest coming from various stock message board groups (such as Stock Analyzer from stockhideout.com).
Good luck to you
(btw, GZFX closed nicely above the 50dma today, which should now serve as support).
Very nice close on Friday, and a good week overall. Significantly, the Chaiken Money Flow went positive to close out the week, and the 50dma held nicely, and has started turning up since the first time since last spring. The RSI(14) also closed well above 50 for the first time in a while.
Investor sentiment is positive for the first time in a while on GZFX, and I think we will continue to see the pps trend upwards in October. There will always be dips and market maker games, which will allow for nice entry levels.
fantastic volume so far this morning. it's trying to eat through the 100dma resistance at .0053.
what about this one ?...So attractive before
and...yesterday GZFX.ob hit 0.0029 ...
http://stockcharts.com/h-sc/ui?s=GZFX&p=D&b=5&g=0&id=p97084957638
What do u think of it ?..Could it be an opportunity ?
TIA,
Id..
there is the rumor about a reverse split....news anytime
"GZFX.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$ 8)
I will leave you Friday's closing chart....
http://stockcharts.com/h-sc/ui?s=gzfx THINK IT'S TIME
volume pouring in now..... ??? watch.......signs of life
:-\....could GZFX wake up ?
Last days show us some news but without merit( GNF Entertainment Network Makes Its Debut at the 2007 NATPE Convention in Las Vegas
Market Wire (Mon 8:00am)
• GameZnFlix Selects Moroch for Brand Repositioning Duties
)....pps doesn't move, it's stable. good volume (80000000) ....but, is the dilution still there???
I'm in @ 0.0014.. ::)
(http://C:%5CDocuments%20and%20Settings%5CRaymond%5CMes%20documents%5CMes%20images%5Cgzfx.JPG)
Could we possibly be looking at the return of an old friend? :)