GZFX.OB !!!

[godspeed06]

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.

[RJ]

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 

RJ

[LiveLife]

Good morning,

I am bought back this morning at $0.0105 - $0.0107 (1.2 million shares).

Good trading!

[rv]

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.....

[calven]

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

[fous]

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.

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  .

Well im off to take a final for school.... wish me luck

-fousc

[basonista]

The log chart shows a pretty good bounce also.  Looking for a pickup in volume now...

[rurouni]

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  

[rv]

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....

[rurouni]

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.

Good Luck.   

[rv]

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....

[rurouni]

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.

[fous]

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 . A close above the ascending trendline tomorrow will confirm that this was indeed a false downside breakout of the ascending trendline.

-fousc



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.

[fous]

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

[rv]

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.