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Nice!
That's it Mac...keep the faith
Nothing happens unless there is a dream.
-- Carl Sandburg
KUDOS!!! What kind of candy bar do you like?
I dispersed about 20 candy/cards this evening--hopefully a couple of them tell 20 more of their friends.
Who gets that candy bar of their choice?! I imagine AJAB you did pretty well-- anyone else have their count ready?
I asked one group of teenagers (3 of them in all) if they had heard of 'hypster' and 1 out of the 3 said 'yes.'
I think it would be great to hear any/all feedback from board members who participated in this exclusive shareholder EVENT!
Tough times never last but tough traders always do-
Pass the Salt
Everyone is cordially invited to my virtual birthday party...
It sure is dead in here
lol
Nice to have you on board as fellow assistant mod!! Congrats
Advertising agencies warn of tough year ahead
By Tim Bradshaw in London and Kenneth Li in New York
Published: October 28 2008 18:16 | Last updated: October 28 2008 18:16
Three of the world’s largest advertising groups warned of a tough fourth quarter, confirming fears of a dismal 2009 for the marketing industry.
Interpublic, Publicis and Aegis reported mixed third-quarter results, with the greatest revenue falls in Germany, Spain and the UK.
EDITOR’S CHOICE
TV ad rates fall to 15-year lows - Oct-13
Viacom and CBS cut profit forecast - Oct-11
Silver lining for TV advertisers - Oct-08
Advertising spending growth slows - Oct-07
Media Metrica cleans up with City news channel - Oct-05
But all insisted they would maintain or improve margins by controlling costs and cutting staff as the impact of the financial crisis hit marketing budgets.
Maurice Levy, chairman and chief executive of Publicis, owner of Saatchi & Saatchi and Zenith Optimedia, said: “We have entered a turbulent zone and it is very difficult to predict the intensity or duration of that turbulence.”
But he added that clients were “not panicking”, and were making less drastic and sudden cuts to marketing budgets than in 2001.
Organic revenues grew 3.9 per cent in the quarter to the end of September. Mr Levy expects full-year growth to be ahead of 2007.
He said: “If things still continue as they are today we will have growth in the fourth quarter.” with growth remaining stronger in emerging markets and digital advertising.
Variable staff costs amounting to 8 per cent of revenues would enable Publicis to maintain margins of about 16 per cent, he said.
Interpublic, which owns agencies such as DraftFCB, Lowe and McCann Erickson, swung back to a third-quarter net profit of $45.7m from a net loss of $21.9m last year.
Organic revenues rose 7.6 per cent but Michael Roth, chief executive, said that visibility into the fourth quarter was limited. He said: “[The volatility in financial markets] is calling in question every business assumption no matter what business you’re in.
“We’ve experienced a limited number of delays and cancellations in the fourth quarter”. He added that headcount reductions – or increases – would be made according to clients’ specific projects.
Aegis media and market research group said it was “difficult to forecast accurate levels of client spend for the fourth quarter”, its most significant trading period. “We have become more cautious about the outcome for the full year.”
The comments reflect caution from Omnicom, the world’s largest agency group, last week. WPP, the second largest group, is expected to report third-quarter results on Thursday.
Both Publicis and Interpublic said that automotive clients – seen as one of the largest and most vulnerable segments of advertisers – had not been reducing spending any more than had already been anticipated.
Deutsche Bank expects organic revenues in the industry to fall 5 per cent in 2009, with a dip of 1 or 2 per cent in the fourth quarter. Patrick Kirby, analyst at Deutsche, said that Publicis’ forecast of growth in the fourth quarter was “quite a brave assertion to be making”, especially given Mr Levy’s confidence in emerging markets. “Aegis have been a lot more realistic.”
Mr Kirby added that cost cuts would only aid margins next year. “This late in the year, it’s difficult for companies to fully offset revenue shortfalls of this magnitude.”
Copyright The Financial Times Limited 2008
I may not be around either but I'm still going to tape logos to bags of candy or have some teenager neighbors disperse. I am committed to acquainting at least 20 new people to hypster.com
I don't know about the whole leaving a basket out for the masses --the whole honor system thing. The teenagers may simply take the hypster logo and leave the candy lol
Positive thoughts 'my friends' (pardon me John McCain) hypster.com is growing nicely and the exposure is relatively light. Patience is a virtue here because I get the sense that things may be rather quiet here until we reach the 1,000,000 mark.
Don't underestimate the fears and realities of the current economy. Speculation is not the popular word of the day and in the past it was largely speculative dollars that could sustain a stock price in pink-land aka BUNM. I believe current economic conditions are affecting PPS here.
If hypster.com had rollled out 2-3 years ago and seen this kind of growth success I am convinced we would have already seen a nice and sustained run.
This stock is frustrating at times because of a lack of information. However I much prefer this to companies that sell hype and frankly disinformation over results. One cannot deny that hypster.com has achieved results and growth.
What hypster.com and management team has achieved is substantial. However IMO they haven't done such an excellent job in highlighting and promoting the brand and associated achievements. This speaks to lack of PR or perhaps a lack of recognition about the importance of reaching your intended audience.
They ought to be proud of what has been achieved and tell the investment world--most especially their shareholders!!
There are and still are too many pinkies that would have had a better business plan and more legitimacy in selling lemonade on the corner than some of the garbage 'stories' that are out there. hypster.com is fortunately more than a good story.
Final thought: hypster.com is but a shadow of what it could become. In 2009 we should see an attainment of 1,000,000 + users and hopefully between now and that time improvements in many areas. Hopefully the co. can better highlight these improvements from time to time for shareholders and larger investment community.
shhhhhh....
MMs will move this to .0003 if they know the timing--
Worked like a charm. Thanks!
BUNM shareholders IR department?!? lol
Thanks AJAB--you rock!!! Bring on those Trick-or Treaters
It would excellent if the co. could create?/send a 'press kit' to every shareholder including 50-100 hypster.com cards Perhaps IR or equivalent should be emailed about this issue. Otherwise it does appear we are on our own.
In any case, basically print off some hypster.com tags using Microsoft Word and tape them to your Halloween candy for teen crowd.
AJAB do you have anything like this in stock? Let's keep tabs of how many we pass out on Halloween and post here for kicks.
I will award the winner a full size candy bar of their choice not to exceed $1.99 lol
= 9950 BUNM shares @ .0002
I am going to tape a little hypster.com card to trick-or-treat candy for teenagers that come to the door on Halloween. 15-20 teens usually--I would suggest that everyone else does the same. I was wondering if you had any hypster.com cards in stock? lol
You have to be optimistic about the user growth here that is frankly so successful but low-key. Can you imagine the exposure if hypster.com appeared on major cereal boxes, Pizza Hut or Little Caesars pizza boxes etc.
The domain name is short and sweet and that aids in gaining rapid exposure and memorability.
615,000 + individuals is a powerful and valuable media audience. People can harp about colors and graphics etc. but the main key at this point is the functionality of the site.
Finally about PPS; whether one ponies up .0001, .0002, .0003 all of the latter numbers are likely nothing more than our low-ball market appraisals of real value.
Look at the Best Buy/Napster acquisition (121 million in cash) and it makes all of the above PPS levels look like a ridiculous bargain.
Google Profit Tops Estimates on Ad Sales; Shares Rise (Update3)
By Crayton Harrison
More Photos/Details
Oct. 16 (Bloomberg) -- Google Inc., owner of the most popular Internet search engine, said third-quarter profit climbed 26 percent as more customers used Web search ads to spur sales in a slowing economy, sending the shares higher.
Net income rose to $1.35 billion, or $4.24 a share, from $1.07 billion, or $3.38, a year earlier, the company said today in a statement. Leaving out costs such as stock-based compensation, profit was $4.92 a share, beating the $4.75 average estimate of analysts in a Bloomberg survey.
Advertisers are shifting budgets away from TV and print media toward ads that run alongside search listings, targeting online shoppers. The Internet will account for 8.7 percent of the $284 billion in U.S. ad spending this year, up from 7.2 percent in 2007, according to Barclays Capital.
``This was exactly the kind of shot in the arm that investors need,'' said Jeff Lindsay, an analyst with Sanford C. Bernstein & Co. in New York. ``People lost a lot of faith in the Internet, but this is exactly what the doctor ordered.''
Excluding revenue passed on to partner sites, sales expanded to $4.04 billion, compared with the $4.05 billion average estimate. Total revenue climbed 31 percent to $5.54 billion.
Google, based in Mountain View, California, rose $36.98, or 10 percent, to $390 in extended trading after closing at $353.02 on the Nasdaq Stock Market. The shares have dropped 49 percent this year.
Low Expectations
At least eight analysts had reduced their estimates for Google's third quarter this month after the global credit crisis erupted. That made it easier for the company to beat their average estimates today.
``We are realistic about the poor state of the global economy, but it's Google, so we'll manage accordingly,'' Chief Financial Officer Patrick Pichette said today in an interview. ``We had a good third quarter, with strong traffic and revenue growth.''
In the U.S., Google fielded 63 percent of online searches in August, double the market share of Yahoo! Inc. and Microsoft Corp. combined. That dominance has helped Google command higher prices for ads, according to Yahoo, which is awaiting government approval of an agreement to let Google sell some ads on its sites.
`Uncharted Territory'
``The economic situation is so fluid that we're all sort of in uncharted territory,'' Chief Executive Officer Eric Schmidt said on a conference call. ``We've always been in this for the long term, and we believe that's even more important today than ever.''
The slumping U.S. economy had been expected to drag down results, said Clay Moran, an analyst at Stanford Group Co. in Boca Raton, Florida. ``Google is a resilient business that's going to fare relatively well in this recession, but it's not immune from the overall macroeconomic environment,'' he said.
Google, which doesn't forecast results, is seeing a slowdown in spending from some types of customers, such as U.S. auto and home-financing companies, Pichette said.
The company has cut back by slowing its hiring rate and spending less on travel and events, said co-founder Sergey Brin.
``We don't know exactly what the future holds. We've taken a conservative approach,'' Brin said in an interview. ``We view this as an opportunity to refine our company and sharpen it.''
Cutting Costs
Capital expenditures fell to $452 million, down 18 percent from a year earlier, as Google made more efficient use of its computing centers, Brin said. He said he couldn't forecast whether the costs would continue to fall.
Google recorded $280 million in costs for stock-based pay, up from $273 million the previous quarter. Those costs will reach $1.1 billion in 2008, leaving out stock awards granted after Oct. 1, Google said.
Sales outside the U.S. made up 51 percent of Google's revenue, up from 48 percent a year earlier. If foreign exchange rates for currency had remained constant over that period, Google's third-quarter sales this year would have been $168 million lower, the company said.
The credit crisis may cost the Internet ad market $6.7 billion in lost sales through 2010, according to Collins Stewart Plc. Big and small businesses, from General Motors Corp. to Simplexity LLC, are reducing ad spending plans, while some financial companies, such as Wachovia Corp., have disappeared.
The reductions will push down growth in U.S. Internet ad outlays to less than 20 percent next year for the first time since 2002, said Sandeep Aggarwal, a Collins Stewart analyst in San Francisco.
Google, which gets almost all its revenue from search ads, is developing ways to advertise with images and video. The company struck a deal this month to show full-length programs from CBS Corp. on its YouTube site, splitting ad revenue with the network.
Microsoft, seeking to close the gap with Google, bid as much as $47.5 billion for Yahoo this year. Sunnyvale, California-based Yahoo rejected Microsoft's offer in May, opting instead to strike the advertising partnership with Google.
To contact the reporter on this story: Crayton Harrison in Dallas at tharrison5@bloomberg.net
Sometimes I show up a bit late for the party--so here I am lol
100,000 users added since August 21st 2008 when hypster.com attained 500K milestone!!
200,000 users added since June 20, 2008!!
600,000 + looks nice!!!
YES! It is 600K eve
I wouldn't be surprised if naked shorting has factored in with these levels. I know there have been some changes to rules of late but without consistent days of high volume buying demand we're unable to expose MMs if they're truly playing this particular game.
Without a healthy bid situation I would suspect they hedge their bets that this isn't due any movement so whether the .0001s they sell are real or counterfeited naked variety is anybody's guess.
It's interesting to note when there's anticipation or actual buying that .0001s seem to quickly dry up and ASK moves to .0002 on relatively low buying demand.
I believe another factor for PPS to remain at these levels has been due to availability of hypster growth numbers for investor consumption.
For better or for worse depending on your trading goals--this has effectively eliminated speculative buying pertaining to user growth. Many companies in a similar position would only opt to show the above through monthly or even quarterly PRs. Whereas management here keeps this bone out full time.
Can you imagine the excitement if they took numbers down for 6 months and we got a PR in April stating hypster.com now has 1.9 million users, 3.5 million users etc.
IME the co. has seemed strangely indifferent and yet in control of PPS in the respect that keeping user count and page views 'before our eyes' has depressed buying demand. It makes me wonder if they purposely want to keep the PPS down.
As the famous film Rules of the Game says 'everyone has their reasons.'
Moreover lack of a real IR presence also contributes to conspiracy theories lol about the co. wanting to keep share price low for buyback.
One crazy thought is that if this goes absolute gangbusters through material events or strong buyout and PPS continues to be low the co. could be in position to retain control or make ridiculous amounts of money by being able to buy back a large amount of O/S for cheap.
If I recall the co. believes they are now worth .0006-.0012 but with a Best Buy/Napster type of deal that could literally come 'out of the blue' the above numbers would be bargain basement--let alone where we are now .0001-.0002.
IME if we see this break into a pattern of unexplicable hundreds of millions of buying volume for multiple days before EOY we're going to be seeing indication of either buyout or large cash infusion from investors to take this to the next level. Watch for unexplainable volume--
Wouldn't it make a great deal of sense for the co. to buyback as many shares as possible if they could get them for .0002-.0020 and know they're going to be worth .0050-.05 shortly based on their own insider knowledge of imminent lucrative deal?!?
Finally for Mr. JP Getty I think we could see exponential growth ie. doubling of current user count double every few months with infusion of outside investment 500K-1,000,000 + for main purpose of advertising hypster beyond organic growth model and ramping up daily growth rate 4-5K +. so that we can see up to 150,000 users added every month as opposed to 60,000 added at present.
Worst case minimum lol we see 750K-800K users before EOY 2008 so that hypster.com is poised for entrance into user count numbering in the millions for 2009.
I agree with your assessment. However I would hope that the co. would offer more tiered paying services. Hypsterelite would be the top dog as far as offering additional services for its members. This type of structure would really diversify the co. and allow for critical multiple streams of income especially when coupled with advertising revenue.
For example:
Hypster.com Free
Hypster2.com 12.00 per year (limited additional services)
Hypsterelite.com 12.00-20.00 per month (full service model)
SALT'S SUMMARY
SEPTEMBER 2008 BUNM REPORT
Approximately 60,000 users added hypster.com (using rounded 524,000 to 584,000 ranges)
Trading volume 19 out of 21 trading days
High volume 9-8-08 (124,310,017)
Low volume 9-24-08 (1,950,000)
No trades on 9-2-08 & 9-29-08
Day High .0002 and Day Low .0001 (predominant pattern) 15 of the 21 trading days
Shareholder sentiment: Stronger buying interest and demand exhibited as compared to August 2008 where 13-14 total trading days had no activity.
BUNM Ask is trending toward .0002 level. PR expected in next 2-3 weeks upon 600,000 hypster.com milestone.
800,000 + users expected by EOY 2008. 1,000,000 to be attained February or March 2009 or even (earlier) depending on unexpected material events that might serve to raise hypster marketing profile.
Price channels are trending toward .0002 as the new solid ask
Whatever the EOY number ends up being-- it sure beats 0
Absolutely--they need to link lyricing.com to hypster.com and vice versa. It would nice to have some kind of update about their plans for lyricing.com
(The digital music age is here)
By RACHEL METZ, AP Technology Writer Mon Sep 22, 7:32 AM ET
NEW YORK - Just as vinyl once gave way to compact discs as the main physical medium for music, could CDs be replaced now by a fingernail-sized memory card? Perhaps not entirely, but SanDisk Corp., four major record labels and retailers Best Buy Co. and Wal-Mart Stores Inc. are hoping that albums sold on microSD memory cards will at least provide an additional stream of sales. The companies were expected to unveil plans Monday to sell memory cards loaded with music in the MP3 format, free of copy protections.
Called "slotMusic," the new format is meant to address two intertwined trends. Most albums are still sold in a physical format — 449 million were sold on CDs in 2007, while 50 million were sold digitally, according to Nielsen SoundScan — yet CDs are decreasingly popular. Albums sold on CD dropped almost 19 percent last year.
Given this, the record labels — Vivendi SA's Universal Music Group, Sony BMG Music Entertainment, Warner Music Group Corp. and EMI Group PLC — are hoping slotMusic can be another physical revenue source — and one that is more versatile than CDs, given the kinds of gadgets people carry around these days.
Unlike when the CD was introduced and people had to buy new players, many people already have the ability to play slotMusic albums, since many cell phones and multimedia players support microSD cards.
These new albums will come with a small USB dongle that lets buyers use them with computers, too.
"Particularly in this kind of economic climate, the idea of being able to use an electronic device you already own to enjoy music rather than going out and buying a dedicated player is pretty compelling," said Daniel Schreiber, who heads the audio-video business unit at SanDisk, which created the microSD card format and is working on the technology behind slotMusic.
Schreiber said slotMusic albums will be sold on 1 gigabyte microSD cards, which means they will be able to hold a full album and related content such as liner notes and cover art. Buyers will be able to use extra space on the cards to hold songs and photos from their own collections.
The cards and dongles will come in boxes similar to current CD packaging, and Schreiber expects the cost of slotMusic releases to be "in the ballpark" of current CD prices.
It's not yet known exactly when — or how many — albums will be initially sold in the format, but Schreiber expects retailers to give a "sizable amount of shelf space" to slotMusic albums. The albums are expected to debut at multiple retailers, including Best Buy and Wal-Mart stores in the U.S., and later in Europe.
Rio Caraeff, executive vice president of Universal Music Group's eLabs digital music unit, said the label will initially release about 30 titles in the slotMusic format. The titles will include old and new albums, such as one by singer Akon.
"We want to provide the benefits of digital music to people who go to physical retail environments," he said.
Asked whether he sees the format taking the place of the CD, Caraeff said, "I think we would certainly hope that would be the case, but I don't think we are so tied to that."
NPD Group entertainment analyst Russ Crupnick sees a potential for slotMusic to emerge as a compelling format. He said the industry needs "desperately" to give people a new reason to head back into the music sections at brick-and-mortar stores.
"Not that we want them out of the gaming section, but once they're done looking at `Guitar Hero' we want them to come look at the music section," he said.
YAHOO
Hey Mac,
Thanks for the hello as always! Glad to hear you're doing well.
The CEO is focusing on building the business and keeping enough $ coming in to grow the operation and the reach of hypster.com
One of our greatest opportunities for success comes through this property having the TIME it needs. Many promising ventures end simply because operational funds dry up. Further TIME = greater user growth and chance of buyout should increase.
600,000 + users will be here shortly and a great key is overall we continue to move forward. The PPS is frankly irrelevant at this juncture. We tend to focus on this as investors but management is working toward continued survival and entertaining any viable exit strategies.
We are still in an early-growth stage but won't be at this level forever. Management seems to have taken a very-conservative approach which should bode well for mid and long-term sustainability.
FYI I distrust CEOs who spend 24/7 spinning PR and talking to each and every investor. They tend to tell an overly-rosy story and then one day the rug is pulled out with either a ceasing of operations or R/S. They use their ability to affect the PPS to profit and actually have a tremendous ability to pump and dump.
I have endured the above scenario more than once and so I am more-trusting of BUNM management because they don't seem overly focused on PPS or 'feeding us what we would like to hear.'
Herein lies the opportunity: Those who recognize the value here are motivated to attain a position whether it be 1,000,000, 10,000,000 or 50,000,000 + shares believing that what we see today could be a mere shadow of what this co. will be in the future.
IME old and new penny hands that do their DD will find that BUNM is part of a promising and evolving sector and as CEO pointed out in a past email is unique as a ground-level publicly traded opportunity.
It takes time to build your base and then it becomes a matter of maximizing your Web reach and then intelligently deriving dollars through a multiple streams of income approach.
I do like BUNM's restraint with PRs. All they need to say is 'we are having ongoing discussions with several entities' for potential (buyout) and a significant run would commence. They could have ample opportunity to profit thereby knowing the material or not so material event and timing.
I think a run will come here when none of us expect it and it's going to be a very rapid move from .0001-.0002 levels. I don't think the co. is going to give any indication or hint of material events until after they occur.
The final reality is that the co. isn't going to know the quality or (timing) of a potentially lucrative buyout until it actually arrives.
Thanks Ajab. Let the best co. win $$$$$$$$$
TIMWARNER should buy hypster.com IMO !
TIMEWARNER CEO PONDERS NBC BUY
Tue Sep 16 2008 18:10:50 ET
TIMEWARNER CEO Jeffrey Bewkes doesn't know if NBC is for sale, but if GE ever decides put its television and entertainment division on the block, Bewkes will definitely be kicking the tires!
'We have kind of an obligation to look at anything that is out there that, if combined with our company, would produce a clear return for our shareholders," Bewkes tells PORTFOLIO.COM in an exclusive interview.
"The problem with those speculations is that no one ever knows the price at which any of these things would be available."
Bewkes, who will soon have at least $9 billion to spend from the spinoff of TIMEWARNERCABLE, adds: "Look, everyone speculates about what will happen to all of these media companies, and there's a fair amount of speculation as to whether GE will decide that the NBC UNIVERSAL company benefits from being inside GE or not. To the extent it decides it doesn't, then they have to think of what to do with it."
GE execs "have to decide what's in their interest," Bewkes adds.
"But if they decided not to sell it, they may decide to spin it off, who knows? Anything that comes up, this is true of all the usual suspects, whether it's SCRIPPS or NBC or DISCOVERY, names come up in every sector we're in, and they ask, are we interested in it?"
Developing...
I think one of the keys to penny investing at these low levels is to simply ignore the PPS. I mean if you're a true 'long' why do you care about these levels if you believe that it's not a matter of if but when this rises to .0010, .0028, .0056 .01 or even eventually .10 for that matter.
If material events emerge that substantially raise PPS then there should be good to great level of demand to sell into along the way. You don't necessarily need to own 1/8th of the float here to make a great return. Buying at 1,000,000 shares at .0002 (200.00) and selling them at .0010 (1000.00) sure beats the interest the banks are paying. You don't need to be a long or buy the float to make a profit.
Yesterdays news about Best Buy's intention to purchase Napster.com is more-significant than most of us realize. It means that there is a much-larger pool of potential buyers for properties like hypster.com and their pockets can be quite deep. I would have never have expected a Best Buy type of company to 'think outside of the box' and add this to their business portfolio but obviously they feel like this speaks to future sustainability.
It's really a great match when you look at it closely. Best Buy sees a future where the Web will be more of a premier venue for all things music. It's interesting to note that a couple months back they rolled out plans to sell more musical instruments and some tweaking of their business model. If I recall they plan to start offering music lessons in select stores and basically capture the loyalty of their market with the younger set.
Best Buy covets the hypster demographic and they are trying to cement a relationship through music distribution and also encouraging burgeoning new music artists. They don't want to just sell CDs or movies they want a bigger part of the music industry pie and they want to gain the loyalty of their demographics.
The reality is that in order to survive in the new internet-based economy you need to have a hypster.com type of property in your portfolio. Diversification is critical and moreover exponential growth (Web reach) of hypster.com is a dynamic and growing force.
Our value isn't even about the 550,000 + users it's the reality that with right marketing push and yes greater advertising budget, upgrades etc. $$$$$$$ current user numbers could be doubled or tripled in very short-order. I contend that any hypster purchaser will have to pay some sort of 'future premium' and will need to do so in order to acquire the property over others.
This could be right up the alley of a buyout entity with bucks. The Best Buy/Napster deal proves this. We now have a comparable for our situation as does our CEO. The market has spoken and at this stage this could mean something (IMO) north of $ 50,000,000 million for us should a viable offer come Michael's way in near or mid-term.
Nice analysis. I just read an article about the acquisition at reuters.com and I agree it could potentially mean very good things for hypster.com It's good to see what a larger player is willing to pay for an entity with similar aims as hypster.com
The Best Buy Napster acquisition could be a template for what could potentially happen with hypster.com However, if management can't find a suitor in the near-term I think they would be well-advised to move toward adding a paying membership aka. 'hypster elite.' Hopefully the chat room function goes live soon.
IMO the most-loyal and enthused hypster users would likely make the switch. Others could be introduced to additional services through a limited trial basis.
The only day that hasn't seen trading activity this month was on September 2nd. September 08 has now brought us two 100 + million trading days.
Quite a reversal from August 08 where there were 13 non-trading days and July where there were 14 non-trading days.
I like the renewed activity because it is strengthening and diversifying the base at .0001 and more-recently at .0002 level.
Sooner or later this consolidation will serve as a base to greater PPS attainments. It's great for investors that want to get out to have their chance and also good for flippers.
All the power to them ;)
'The stock market is a vehicle for transferring wealth from the impatient to the patient.'
Warren Buffet
JPGetty:
Based on present growth conditions hypster.com should be looking at nearly 1,300,000 users on the (low end) by September 2009. This is using 60,000 added per month x 12 = 720,000 and adding to rounded down current user base (540,000).
Also I might add that the numbers above are completely out the window if a larger player with deeper advertising pockets comes into play either through buyout or joint venture. IMO we could then expect current growth rate + moderate to superb additional growth.
In the above event in the order of 2,600,000 to 5,000,000 total users by next year since growth could be both organic and 'purchased.' Whoever buys hypster.com will need to know and want to take their investment to the next level.
As for PPS: high likelihood of run before end of this year to .0010 and perhaps even creeping near .0020 with consistent high volume days. These runs could generate out of a renewed wave of investor excitement as hypster.com approaches 800,000 (+) milestone by EO 2008.
There are more people watching this stock and new buyers have entered in. As the BUNM story gets out to investors a number will make entry at 600,000 and 700,000 milestones.
I expect a more-consistent and healthy trading pattern as we approach 2009. For 12 trading days in July BUNM had no trading activity at all. Since mid-July this the trend has largely reversed with no activity being the exception rather than the norm.
With actual news or rumor in regards to buyout the PPS could make run above .0050 and depending on who buyout entity BUNM could move into the low pennies on that type of news. If a Google or Microsoft 'name' purchases hypster.com the race to the pennies will be one to behold. .0002-.02 in a day or days could be in order.
Generally volume demand will be fueled by uncertainty as to how much buyout entity is going to pay per outstanding share and all other unknown details; will there be a buyback etc.?
The O/S could theoretically be majorly reduced depending on the financial strength of buyout entity. Self-funding versus selling stock to maintain operations could basically tighten up availability of shares greatly benefiting those who have grandfathered themselves as long holders.
All the above my estimation, deduction and opinion.
It's really good to see increased interest here and very healthy to finally have some substantial volume. Healthy volume will attract more of the day traders and those who envision price movement with a myriad of exit options.
In any case as I've stated before PPS does not reflect the underlying value of BUNM. This co. is worth far more than .0001-.0002 but this trading pattern is more a matter of what people are willing to pay rather than true value.
It's only a matter of time before this runs moderately or in a major fashion and there's going to be some chasing tail.
IMO the co. is correct to have stated it believes it's worth .0006-.0012 a share and this was stated before 500K milestone was attained.
As for a pertinent comment on buyout from Hypster.com (2008 Business Plan).
"Reality is the property is only worth what someone will pay for it or invest in it so time will tell after reaching more significant milestones in next 6-12 months."
From Summary and Objectives Page: June/July 2008
"Explore exit options for Hypster.com and related properties to realize investment in next 6-12 months."
The above quote should dispel any doubt what the intentions of management are. They apparently see a future where they cash-out and move on to other endeavors or keep building this baby until they get a buyout offer and/or investment they simply can't refuse $$$$$$$.
IME it is doubtful that there will be advanced warning of a potential buyout. IR is silent as is management and I still think it points to a co. that is nearly completely focused on viable exit options. The release of 2.0 should hasten the day for such options as well.
Moving towards 2000 + users a day over old levels is a very good story to tell potential suitors. It shows with upgrades you can organically build this into a significant entity and then additionally--just imagine in 'buying market share' what you can do!
Hypster.com has the potential of being a premier site of its kind with millions or even tens of millions of users.
Finally if hypster.com isn't 'For Sale' then they are more than free to release a PR stating as much.
I agree there is definitely something going on behind the scenes. However IMO I believe all of these upgrades are primarily designed to simply obtain the highest and best buyout offer available.
If a desirable and lucrative buyout cannot be obtained because of market conditions etc. IMO then current management will bide its time--building the brand and hypster will move toward a user count that numbers in the millions.
It truly is not a matter of the if but the when in respect to million + users. We are seeing an acceleration of user growth. 75,000 + users added since August 1st 2008.
IMO the CEO and management team have a very vested interest in improving this for purpose of obtaining the highest, best offer and keep attracting new users to the base.
In an unscientific way I have found that many people 12-35 yrs of age at the least have a peripheral awareness of hypster.com I was at a social function the other day and mentioned some of my investments and the woman at the table had seen the hypster logo online. She couldn't place it but was familiar with the name.
Larger players should be very aware of this and make strong buyout offers accordingly. BUNM management has got this off the ground but I see a larger, deeper-pocketed player(s) ready to lift this off and I would expect them to make a serious offer before EOY
Any high volume or increased interest is going to greatly increase the exposure here. Inevitably institutional type of players with tens of millions at their disposal may want to take their crack at buying hypster.com
Old school businesses that want to survive into the future ought to be looking for opportunities like hypster.com to preserve themselves as viable enterprises and diversify.
Digital media and music are here to stay. Social networking will increasingly be a strong force to be reckoned with and hypster.com already enjoys a nice user base that can be improved and added upon.
Obtaining just $ 10.00 out of each user in a given year = 5,900,000 in revenue. (540,000 users x 10.00 = 5,900,000
If you look at obtaining $ 10.00 every month (out of each user)you are talking 70,900,000 of revenues in a given year
(5,900,000 X 12 months = 70,900,000).
The above numbers don't count advertising revenue or other relevant streams of income that may be obtained. A buyout offer will be less about the past and the here and now as it is a referendum on the future earnings and potential.
Greed and fear will definitely apply themselves in all respects. Each user added = increased value for hypster.com How much value a given co. can obtain out of each user depends on their given strategy and ability to get streams of income out of a user base.
The attractive thing about hypster.com IME for a buyout entity is that the property is in its relative youth as a company (far from maturity or dying off) and yet there is a huge upside for expanded growth and branding opportunities.
Moreover the co. isn't going to be an acquisition 'where the wheel needs to be reinvented.' This co. still remains a remarkably promising penny stock with a real business plan and real viability.
I didn't own USXP but followed its movement with great interest. Interestingly there was great hopes with that one but it didn't pan out as expected.
That run was basically on pure speculation and of course fueled by ensuing heavy and consistent volume. When the train roars at full speed it can be nearly impossible to stop the forward momentum. A great run with a penny truly has a mind of its own.
It's impossible to predict when exactly BUNM's huge run will come but it's amazing how momentum can beget even more momentum.
True investors are hungry for opportunities to take risks with opportunity for high reward--understanding a probability of loss as well.
It's good to finally see .0002 as the ask! BUNM is at the least worth .0002 and probably should be more in the .0004-.0005 range at this point. Any tangible news beyond typical 'milestones' could propel our base .0007 + in a hurry. A 100 + million volume day as (Matt has indicated) could quickly put these current levels to distant memory status. I would suspect that the shares held by MMs in lower ranges are probably quite thin. It's just that these levels haven't been tested for many months and MMs have been sitting pretty.
My interpretation on management's relative silence is as follows: they are still focusing on growing the business but with the main purpose of selling it off to the highest and best bidder.
IMO The recent release of 2.0 IME is like staging the house before the sale and the 500K announcement two weeks after the fact was probably a result of pressure from shareholders here.
In any case legitimate PRs ought to be an attention-getter to other players in the industry. I don't care why the company is promoting itself as far as shareholders but I think they should do more for a variety of the following reasons.
Legitimate and regular PRs are going to raise exposure and should help to contribute to best buyout. Enthused shareholders and hypster.com users can only aid in making their making the case for buyout to another interested entity.
PRs could also help hypster.com to obtain multiple offers and add competition and yes ego to the mix. Would it be a huge ego booster to Google shareholders and prestige if they announced an acquisition of hypster.com Absolutely! Even if some of the numbers make no sense other entities love to tell a story that generates excitement.
Moreover what is $ 30-50 million for a Google to buy a valuable and growing business in the new media arena that will excite its shareholders and diversify streams of income? One PR from Google with an aquisition of hypster.com could take the property from relative anonymity to worldwide awareness.
IMO if management is focusing on exit options then they don't need to build long-term relationships with their shareholders. It's kind of like knowing you're moving tomorrow and not feeling too enthused to make new friends at your door today. I don't take this personally--it's just business after all. How else can you explain an IR department that doesn't respond to queries and a number of other curious marketing anomalies for a penny with great promise.
It will be interesting to see if news comes our way next trading week (September 8th-12th). Anyone hear any good rumors about BUNM lately? lol
A buyout entity with deep pockets could easily take this from current user levels 530,000 + into the millions. Remember conservative fairly low-key marketing has brought us to this point.
Can you imagine the growth if a Microsoft, MySpace Music or Google type of player acquired and then aggressively pushed hypster.com nationally and funded it accordingly?!! What would one 30 second spot during the Superbowl do. Hire some celebrities or notable musical figures and you could see millions of users added in days--not months.
Perhaps Snakecharmer is correct that the current valuation is 10,000,000 but what of future valuation? IME hypster.com is a new media advertising gold mine.
The circulation is growing and there are countless opportunities to 'mine' users through ring-tones, music downloads, movie downloads etc. The streams of income can now be a reality now that there is a critical mass of user base.
Additionally there is an opportunity to further solidify the brand by offering a paying service to most-loyal hypster.com users and generally use hypster.com as a springboard for other lucrative spin-off ventures.
The younger demographics with younger set especially (12-18 years old) open the door to a group with traditionally large amounts of discretionary income. Advertisers are keenly aware of this and like to reach this demographic that is going to be putting money in their coffers for they hope (decades to come).
The above group is going to be buying music for a long time and more-often through online digital means than through an arduous drive to the local mall.
Let's see what the market is willing to pay for hypster.com? If they don't buy now it's just going to get a larger following and more-expensive. 2,000,000 + users could be here by Sept 2009 based on current trends and yes some compounding acceleration.