GZFX.OB !!!

[LiveLife]

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."

[fill_the_gap]

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. 

[Stocksquire]

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."

[LiveLife]

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.   

[godspeed06]

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.

[fill_the_gap]

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.

[fill_the_gap]

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.

[godspeed06]

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.

[LiveLife]

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.

[godspeed06]

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...

[Calvin87]

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.

[LiveLife]

Up 5.49% today.  I will continue to trade technically with GZFX.

[LiveLife]

FYI

[LiveLife]

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?

They 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

[LiveLife]

Technically, if GZFX continues to rebound, will it follow the trendline?