re: in the light of the red hot ssi
"Advertising dollars is not going to happen, if after 6 years it has failed how on earth is it all of a sudden going to work.
Face realiity."
Well you face that reality and you either Buy or Sell At this moment....Of course I might not agree with your reality...But if that is how you see it I do not see you have a problem...There are many other companies on the ASX to Buy shares in..
"Don't tell me I am wrong, show me how with facts."
I only take views on possibilities I have NO facts till after the event..
As you say GCN will go up when it succeeds..I take the view it can...But I have No facts..that is there are no certainties...
We are in the same position that SSI was for a long time You called it a failure..And said it would go up when it made something...OK tell me how We buy below .30 today ?...I mean be very clear GCN is a speculative business and priced accordingly...When it makes a go of it..it will not be so speculative nor will it be priced as one...
This is simply your call...All stocks have a speculative element.. It is called tomorrow...Some only have tomorrow... They are totally speculative
But GCN has SSI... And SSI is a rising star ( My View )
You say SSI history of 18 yrs meant nothing well if they had only made 17 yrs and gone broke We would have nothing at all.. just tax losses
I am not a trader ... operating history, management stability and performance. Capital movements
these are all important..( My View )
I first bought some SSI in 1999 based on My View
Richard Li... He is the guy that made SSI into what it is.. And He is the guy who will make GCN into whatever it will become....
To Me He has a great track record..I posted the announcement flagging the Chinese deal though We did not know what it would be or it's nature..
But My view based on My opinions... caused me to Buy
others with strange agenda's played strange games
You probably said it would go up when it goes up
I would guess you did not buy...
originally a float.. Good management ( known by results Not promises ) turned it into a transformation..
OK If you think this is a failure then sell certainly dont buy... fullness of time will reveal what We should have done...Just like SSI
Now good luck...I am not interested in convincing anyone you included.. Make your own Mind Up...
Act and then be satisfied..
Richard Li as 18 yrs operating history with SSI We can see How many reconstructions exorbitant share issues.. director fees etc
I SEE NONE
Just looking after shareholders interests through troubled times ( How many SSI shares were there still only on issue when the deal was made ?? )
He obviously had good connections.. and HAS.. He was the CEO when SSI was transformed and didn't the small SSI shareholders benefit.. IS this not what makes the difference ?
Now...
"SSI will also have an interest in an online gaming portal that uses their own technology. SSI shares a 6% handling fee of sales, which could generate $4.00 per share to the Company by 2008. "
My View ( No Facts ) is that this is GCN's mobile and iptv technologies...
My view ( No facts ) how can they miss ?
My view ( No facts ) better to buy dullness at a discount before success at a premium..
YOUR VIEW "Advertising dollars is not going to happen, if after 6 years it has failed how on earth is it all of a sudden going to work.
Face realiity."
That is not My reality was not with SSI and Not now with GCN.... That is your reality ?? Then I think you probably sell out and buy a less speculative stock One that has made a Go of it..
something in the S&P 300
look out for a new entrant ( SSI ) maybe over $10 it will be time to buy ?
what ever you do good luck..
as to "Don't tell me I am wrong, show me how with facts."
My interest is in being congruent with actions and views and to try to inform those views...
Here are the only facts that matter and will make things matter to Me...
I think GCN has a lot of potential That is based on My views and opinions As a result I want to Buy GCN not sell But at a cheap a price as possible Dullness is only good and just a phase between devolpements..Time , process marches on something will happen.. Nothing can stop it
And it will build on the business foundation and the share price will act from the technical foundation
motorway
GCN Price at posting:
0.0¢ Sentiment: None Disclosure: Held