GZFX.OB !!!

[Lucas Scott]

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.

[calven]

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

[fous]

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

[Malum2006]

Too simple what happened, buy on rumor, sell on news.

[fous]

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

[Malum2006]

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.

[LiveLife]

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.

[bmarc4211]

PLEASE make the bad man stop!

[gri64]

From G-TA:

Hey 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?

[rv]

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.

[twodachsie]

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.

[rv]

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...

[rv]

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?

[gri64]

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

we won't be able to keep up w/ the amount of zeros on the right side of the decimal...

very goog question:

does anyone know if they are selling those A/S

[fill_the_gap]

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.