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Good work! Let's see if they are going to end this 'quiet period.' Yesterdays volume (nearly 35,000,000) virtually eclipsed all of volume for July and August. It will be interesting to see what the rest of September 2008 may bring. This volume spike could mean absolutely nothing or could portend a real sea-change that many here are looking for.
By their own admission--management felt like 500,000 was a significant milestone for a possible buyout. It definitely represents a critical mass and a different stage/opportunity for growth.
I continue to see a tremendous opportunity for another player to come-in and carve out some tremendous income streams. Alternatively current management could decide to stay with the game plan only until right offer comes in. I think the positive thing for shareholders is that current management has a vested interest to perform in order to obtain highest/best buyout offer.
Make no mistake about it. The hypster.com user base is a valuable commodity but it needs to be mined effectively and income streams need to be generated and demonstrated.
The silence here could be golden or perhaps not? No PRs for the 450,000 and now 500,000 mark is unusual. Perhaps the 500,000 PR + with some other news could be very imminent?!
IME larger players interested in digital music with big money can't help to notice the growth of this property and will either let it grow unabated? or will more-likely attempt to snatch-it before their (competitors) do.
AP
New York Times Co. July revenue falls 10.1 percent
Tuesday August 26, 10:01 am ET
Ad revenue drops 16.2 percent at New York Times Co., sending July revenue down 10.1 percent
NEW YORK (AP) -- New York Times Co. said Tuesday that its July revenue from continuing operations fell 10.1 percent this year as advertising revenue slipped 16.2 percent.
Overall revenue dropped to $235.9 million in July from $262.3 million in July 2007, the publisher said.
ADVERTISEMENT
A continuing drop in classified ads and cutbacks in spending by movie studios, car companies and hotels were offset only partially by a rise in revenue from media, financial services, advocacy and health care ads for a net drop of 16.2 percent.
The company's flagship The New York Times paper had 15.3 percent lower ad revenue. At its New England media group, which includes The Boston Globe, July ad revenue dropped 24.5 percent.
Newspapers across the country have seen revenue decline as advertisers shift spending online and circulation slips.
Total online ad revenue rose 0.9 percent in the company's News Media Group, and circulation revenue fell 0.5 percent.
The company said its overall Internet revenue rose 2.6 percent with online ad revenue adding 5.5 percent, boosted by gains at its About.com Web site.
For the year to date, total revenue from continuing operations has fallen 6.1 percent to $1.73 billion.
The company said online advertising for its News Media Group is rising in August with improvement in display advertising revenue at NYTimes.com.
For some perspective:
Nearly 210,000 users added since April 1st 2008 at that time there were (300,000 users)
300,000 X 70% growth over last [147 days] = 210,000
* 800,000-900,000 users By EOY
* based on current growth rates
507722 users
507722 in volume ;)
500,000 coming very soon!
Hey Mac,
Thanks for the positive feedback--hope that all is well for you.
Based on previous 'milestones' I would have to say a run is unlikely. (Hope I am proven wrong) Everyone who follows this knows that 500,000 is coming. These announcements are actually rather anti-climatic. I think 500K is a great milestone but it's one that everyone follows.
IMO The 500K PR may generate further interest from a few new eyes but overall the co. doesn't appear to be doing much to excite its core shareholders these days.
The only thing that could run this IME is a strong statement from co. that they are in effect 'for sale' and that they are now marketing themselves to get bought out.
The co. has made some great steps but we need the whole package and that most-definitely includes promotion. I advocate self-promotion in that to me the most important part of 500,000 users is a healthy base of 'clients' if you will who could potentially buy additional goods and services.
Where hypster.com can succeed where others fail is focusing on and figuring out how to get dollars or cents for that matter out of each and every head that comes through the gate. If they could come up with some paying service upgrades I would probably shell-out $12-$50 per year I think in this economy doing this is ultimately going to mean survival of the brand and also a greater chance for a rewarding buyout.
I also think they need to get a celebrity to raise some exposure for hypster.com Individual doesn't need to be a musician necessarily aka. William Shatner priceline.com or a Paris Hilton type of player.
Give the celebrity some shares, publicity and even cash in return for promoting hypster.com Create a specific PR to announce celebrity endorsement. Celebrities lend their name to bogus services all of the time and we're a legitimate one.
These kind of initiative(s) would excite core shareholders, attract attention of fence-sitters and could also bring in some day-traders. A combination of traders is needed to bring
VOLUME and then this could move up nicely. MMs are sitting pretty here at these levels and we need to shake things up w/ volume.
I agree--500,000 users is going to be here in no time. August 2008 is still my estimate as well.
10,100,000 Shot of volume today was positive. I would expect more trading activity now through 500K milestone/PR period.
There is some underlying speculation here that something may happen with 500K milestone in relation to buyout or if nothing else upping the interest.
On day of 500K milestone I may buy another 500K shares for kicks. Anyone want to join me? Get your money in now--
It will be interesting to see what kind of 'hype' company will generate in light of upcoming milestone. IME hypster.com ought to get a celebrity or musician to mark the occasion and make that part of the PR.
Matter of fact with 500K users the co. ought to use this as leverage to promote a popular musical artist(s) and in return have the artist promote hypster.com to the public as a spokesperson and at concerts etc. The more users the merrier as far as telling the story to the investment community.
I stand by what I've said at late that the co. ought to use its leverage to build the brand--specifically hypster.com rather than count on ads to pay for all the overhead. There ought to be some intelligent ways to generate income streams. In this economy the co. IME is going to have to do this in order to draw strong buyout interest. Are we in a particularly speculative time or a time where people are looking for immediate return on investment?
IMO the co. needs to tell its story better and not be reluctant to gain exposure or to even force exposure. In addition getting some interesting promotions going here could help ease Matt's boredom lol
I would say generally they need to create a Web experience that is of such quality that people will desire to shell out monies in order to be part of it.
Unlimited free downloads or 100 free downloads etc. Free membership for one year with two (paying) referrals etc. Perhaps integrate an ability for elite users to sell items or their own original music with their own enhanced Web page.
Free ring tones and drawings for concert tickets--oh and last but not least the official hypster.com t-shirt. (Shareholders should get one for free as well IMHOO)
For good or bad people many want to have their own Web forum these days. This concept could lend greater interactivity to the site and create positive buzz. Enhanced features could be restricted to only paying members.
Create a stronger sense of community for the site and enjoy greater loyalty and opportunities for multiple streams of income.
Give the most loyal users the opportunity for a digital music 'home' and encourage other like-minded individuals to do the same.
Continue to let largely organic growth add to gross numbers at hypster.com and then mine that group to identify and retain paying members.
What I propose is the management use itself to promote itself and focus less on outside ads to pay the bills.
The real value here IME is the opportunity to develop loyalty out of 'numbers.' Offer bare-bones services to those who have signed up but who have never really signed in and handsomely reward the loyal core who are paying members and offer them incentives to mine their network.
Can you imagine a community of 1,000,000 total members where 200,000 willingly opt for elite services in-tune of $20-50 per year = 4,000,000 to 10,000,000?
The above type of revenue stream opens up many opportunities including hard cash for further acquisitions and opportunities from traditional lending institutions.
IMO hypster.com needs to differentiate itself by mining its most-loyal users by offering them 'advanced Web site features with with an annual membership fee. 'Hypsterelite' if you will...versus hypster.com which is effectively 'a free service.'
Some high-profile social networking sites are dying on the vine because they can't get dollars out of their sheer numbers or can't justify rates they want to charge advertisers.
Suppose that 50,000 core users were willing to shell out $ 20.00 (annually) we would be looking at $ 1,000,000 revenue stream and this would be an attractive feature to a buyout entity and short of buyout would afford greater monies toward direct marketing campaigns. It would differentiate hypster by demonstrating that our users are more loyal and put real money where there mouth is.
I think the hypster.com brand is a real winner but whether current management can or wants to take it to the next level seems to be in doubt. Rather than a focus on roll-outs of further cost-incurring entities IME co. should focus exclusively on developing multiple streams of income out of the hypster brand.
I hope I am wrong about this but what are they demonstrating by not inspiring/informing their shareholders on a regular basis? Does this give us confidence as shareholders that co. is good at selling itself to the marketplace? I have emailed one of their entities via IR and received no response.
What this issue needs is some real excitement and communicating key developments in a timely manner. It's not about fluff-bomb PRs but exuding confidence that you have a vision as a co. and are not relegated to defeatist thinking.
Yes 500,000 will be a great milestone but actually represents 'the tip of the iceberg.' I would welcome a buyout from a player with an aggressive vision and with the business-savvy to mine user-base to the hilt.
With some aggressive cash infusion and re-tooling of the marketing I see the potential for hypster.com to be a premier Web site with millions or even tens of millions of users. The equivalent of Facebook/MySpace in the digital music arena.
This doesn't need to happen with in your face gimmicks but rather calling the most-loyal part of the user base to action. 20,000 very loyal users beats 2,000,000 who are 'only names on the books' especially if the revenue stream from the 20,000 is consistent. 300K in revenues beats 0
The co. needs to identify its most loyal/active users and build more out of this key group. Let them invite their closest friends and relatives to join the site and viral networking will really explode.
Excitement is needed and hopefully a spark or two ignite us here to greater heights soon. Viral networking is not going to be too effective with users who are not passionate about product or service. IMO Co. needs to mine and retain its most ardent supporters by 'thinking outside the box' this type of action will attract greater buyout interest by demonstrating a growing and loyal customer base.
The same applies to its core shareholders--why should we recommend to friends and relatives that BUNM is a rare gem rather than run-of-the-mill property? You can't teach volume demand or take for granted that the market buying or not buying shares is a statement in itself.
Many New 'Friends' to be Made Online, But What About Dollars?
Social Network Websites Are Booming. If Only They Could Turn a Profit.
By GREGORY M. LAMB
Aug. 3, 2008
This is a must-read article read it now @ abcnews.com or google it
It would be welcome change to see this PPS move--I expected enough volume at 400K milestone to budge this but in actuality not enough buying demand came in at that juncture to shake things up.
The upcoming 500K may do the trick or not--DEMAND is not an automatic thing and hopefully the IR department wakes up soon. Pardon the pun but we need more 'hype!'
Once 500K is attained; IME it is more-likely that the co. will shop hypster.com around in the marketplace and certainly with this development the odds of a buyout should increase.
They have stated the intention to try to sell hypster.com it would be nice to see a PR about what methods they are using to gain exposure in the industry. We don't need names we just need assurance that the co. is moving forward intelligently and in good faith to get a strong return on our collective investment.
IMO the co. should send the 500K PR formally to Google, MySpace Music, Sony, Microsoft and other such entities and state that hypster.com is effectively for sale. Fear and greed are powerful forces in trading as well as curdling the egos of entities with cash. "If we don't get it--another new or existing competitor might."
PR and exposure need to increase and IR/Company needs to be responsive to its shareholders. Hopefully we will have many developments that are a cause for excitement and optimism before now and end of 2008.
456788 hypster users
45679 page views 3:20PM MST 7-28-08
Looks like 500,000 users will be attained during August 19th-25th time period
'U.S Banks sharply reduce business loans' @ drudgereport.com (international herald tribune) by Peter S. Goodman Article informs about why buyouts and other aggressive business expansion and activity is slowing down.
I read another article on weekend about a quote 'recession in advertising' particularly for old media players. Newspapers, magazines etc.
Yes there are less advertising dollars available or is it also that advertising dollars are moving to new media sites like our hypster.com?
Where the circulation is--money should follow. This is no overnight process but one should be heartened by a growth of circulation here and the reality that telling potential advertisers that there are nearly 500,000 users is far different sales pitch then back in the days of say 3000 beta users.
Volatility has never been lower here according to my record over approx. 6 months--as per scottrade 100.80 today. Our potential upside here is looming larger in the sense that light trading could morph into much-larger trading days aka. 0-60 mph in 1 second. If this were to happen--it could attract day-traders and others who are attracted to high volume, positive story and mostly the volatility.
We are starting to trade every other day or every 3-4 days rather than nothing for a week at a time--
There seems to be a different pattern emerging here as we approach a big August milestone as mentioned above.
150423 hypster.com users added since April 1st 2008
36035 of the above added since July 1st
Great DD at ft.com
'Media and Internet Section'
New York Times ad revenue way down--
also NY Times has inked deal with Linkedln (in order to tie-in to new media growth)
Articles about Facebook unique user data etc.
* We should have the 450K PR within a few days
YES
'June 2008 Shareholder update'
From Summary and Objectives page
'Explore exit options for Hypster.com and related properties to realize investment in next 6-12 months'
Between now and June 2009 it would seem that Hypster.com is For Sale to the highest/best bidder.
There are a number of other inferences in the Shareholder update including the following statement:
'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
My belief that Hypster.com could be bought out in the next year is mainly based on what co. has stated.
My speculation comes in with the management communication lines being effectively cut-off with us the rank and file shareholders:
One interpretation is that co. is indifferent to shareholders...
Another is that the co. is currently and heavily engaged in shopping around for suitor. They seem to be looking beyond the 'long haul' and desire to cashing-out of their(our)investment. If their interest is relatively short-term why build relationships with investment community for mid-to-long term?
If their investment and borrowing is say 5,000,000 and they get a buyout @ 20,000,000 it's really a no-brainer if you're in management what you would likely do in the situation.
* Based on past history we should see PR at 450K user mark and greater interest as we approach 500K which is a significant milestone for the property and should attract some real attention in the social networking echelons. 500,000 is certainly far beyond 3000 beta users!
I think a real positive for hypster.com is that the focus on digital music is quite narrow. Other social networking sites are like Matt's article said 'faddish' and lack a real focus. I can see how a buyout player with commitment and cash could truly move hypster to the next level.
Can you imagine if a player like Apple, Google or MySpace music with large advertising capacity moved us beyond the organic growth model?!!
As far as buyout we need a player that lends themselves more to greed rather than deferring to the palpable fear running throughout many sectors of our economy. 20-30 million + is small peanuts to the Google type of players out there. Problem is the lackluster economy is starting to affect Google's profits as well. Companies large and small are being affected by the economic downturn as is BUNM volume or lack thereof.
Buying hypster.com could be a major PR 'shot-in-the arm' for a larger player with ambition especially in relation to gaining market share in the digital music field. Entities that are truly concerned about building value for themselves and shareholders could justify a purchase of hypster.com because it has grown exponentially and will continue to grow. It isn't just about numbers but about mining dollars out of your loyal users.
With deeper pockets growth could be 2-3x daily rate or whatever buyout co. wants to do. To be honest I'm not overly concerned about what BUNM management is or isn't doing because I think it's very clear they're on the record for looking for exit strategies over the next 6-12 months (if not much sooner).
Those who can survive the test of time and also build a critical mass of usership (or buy it) implementing appropriate income streams should be rewarded in mid-to-long term. Digital music distribution is the present and the future.
Great DD
Matt,
I don't have PM capability so I wanted you to see this--found link at drudgereport.com
Players like Gannett should buy hypster
Gannett Profit Falls 36% as USA Today Ad Sales Plunge (Update1)
By Sarah Rabil
July 16 (Bloomberg) -- Gannett Co., the largest U.S. newspaper publisher, said second-quarter profit declined 36 percent after advertising sales at USA Today plunged. The stock dropped to its lowest level since 1985.
USA Today's ad sales fell 27 percent in June, the steepest monthly decline this year and worse than the 16 percent drop reported for all Gannett publications. During the quarter, the company's national advertising slid 14 percent to $168.9 million because of cutbacks by retailers and carmakers.
``The weakening economy had a dramatic impact on our results,'' Chief Executive Craig Dubow said in the statement.
Earnings fell to $232.7 million, or $1.02 a share, from $365.7 million, or $1.56, a year earlier, McLean, Virginia-based Gannett said today in a statement. Sales dropped 10 percent to $1.72 billion, hurt by the print ad decline as well as lower revenue from the company's 23 television stations.
The results are preliminary and don't include a writedown of as much as $2.7 billion that reflects a drop in Gannett's stock price and an industrywide slump in ad sales.
Gannett fell $2.24, or 13 percent, to $15.11 at 9:54 a.m. in New York Stock Exchange composite trading after earlier falling as much as 16 percent. The stock had dropped 56 percent this year before today.
The earnings were in line with a forecast range of $1.01 to $1.03 a share that Gannett gave in June.
First to Report
Gannett is the first newspaper company to report second- quarter earnings. The company continues to face pressure from rising newsprint prices, falling ad sales and lower revenue from the jobs Web site CareerBuilder Inc., said analyst Craig Huber of Lehman Brothers Holdings Inc.
Huber rates the shares ``underweight'' and cut the stock price target yesterday for the sixth time this year, reducing it by 29 percent to $15.
The decline in June newspaper advertising sales topped the company's 14 percent drop in May. Classified sales in June shrunk 22 percent, also a record this year. The company is trimming expenses by freezing employees' pension benefits, shrinking page widths and switching to lighter paper.
The company is pursuing Internet growth through the acquisitions of ShopLocal LLC, owner of a marketing database for retailers, and a minority stake in Cozi Group Inc., operator of a social-networking site. This week Gannett joined the Platform A advertising network, run by Time Warner Inc.'s AOL.
Gannett said today that the second-quarter writedown, to be disclosed in a regulatory filing by Aug. 8, will reduce earnings per share and not change operating cash flow.
To contact the reporter on this story: Sarah Rabil in New York at srabil@bloomberg.net
Last Updated: July 16, 2008 09:57 EDT
It appears to me that co. is ramping up toward 500K mark and for the purpose of attracting the gaze of potential buyout partners. To get value from someone--you have got to prove you offer it--and also opportunities beyond it in spades.
135K + users added since April 1st 2008 when hypster attained 300K user milestone.
That is what we call exponential growth--a buyout entity with deeper ambitions and pockets may put forth a great offer believing they can add millions of users in similar time period.
The user base is a veritable treasure trove for entities with money and vision to get highest possible return. For example, a buyout partner could add instant messaging feature forum and work to create more synergy and loyalty from the most-active hypster users. 'Refer a friend promotions' etc. could add and retain loyal users.
It's mind-numbing but merely getting $ 1.50 out of each user per month would equate to over 652,500 of monthly revenue. 435,000 X 1.50 Adds up to $ 7,560,000 per year not taking into account any business expenses.
Speculation about a buyout as we approach 500K can hopefully get us a healthier and more-interesting market for both buyers and sellers.
Mac,
Go to hypster.com, click browse playlists on left and scroll to the bottom to see user numbers/page views.
I think BUNM will move if the degree of speculation greatly increases as we approach 500K. Speculation about a buyout could be considerable by the time we reach 500K. However, without speculation coupled with strong buying demand nothing is going to happen. The co. doesn't seem to interested at this point in letting us know if there have been any serious offers, queries or if they actively seeking a buyout at present.
High levels of buying volume have been speculated about at 400K and 450K but there is no surprise to these PRs. Barring adverse events it is inevitable that 500,000 is coming the next few months. There are still a number of core holders in place with a great majority being longs. Day-traders and other shorties are not going to want to play here until market improves and they see real volume.
Realistically we are in a tough economic patch especially in light of our economy/ad revenue tied in with a real estate economy that represents 1/3 of our GDP. New media other than the exception of behemoth google are fighting to bring in enough revenue to sustain operations.
Realistically hypster.com numbers continue to grow apparently organically without a huge $ cost to attaining new users. I think it may take until 2009 until we see any dynamic changes with respect to BUNM. It's essential that hypster.com in particular can survive because the growing user base is our gold nugget.
I just called Scottrade to the verify some items. There are not any pending changes with the issue--it just seems we are in a situation of no interest bid/ask wise.
Hypster user growth is approaching 430,000 mark--has anyone talked to management or IR lately?
I just re-read an article that highlights challenges in media and social networking. Several paragraphs definitely apply to situation here with BUNM and the challenges overall in the industry to get dollars from Web users and also from advertising.
try google or go to
yahoo.com browser and type in
'Uncertainty aplenty as Web media leaders convene'
(by Jeremy Herron AP Business writer)
or check article out at link at drudgereport.com
That idea has crossed my mind as well--maybe as shareholders we can send out some feelers in the event we are not satisfied that management is communicating with buyout partners.
I would think with current business environment we will need aggressive action to 'put the word out.' At these levels the same would apply for encouraging new holders who understand the risk/reward ratio (and the industry) to invest here as well.
For the now, I give management a benefit of the doubt but hey it never hurts to have deep-pocketed players like Microsoft, Google, MySpace Music, Yahoo etc. salivate over further market share and to know effectively hypster.com/BUNM is effectively 'for sale.' That would be an interesting PR actually BUNM management--
Like many fields if we could get multiple offers it could creep up the price of the sale and also attract further attention in the industry. Even a low-ball offer could do wonders but then again management needs to communicate such events to shareholders IME not the names but critical events beyond the obligatory 450,000 PR, 500,000 etc.
Speculation should increase as we approach 500K
As of now volatility and beta are in the cellar which portends some sleepy times but also could propel us to higher level quickly with any unexpected developments/news between now and early September.
Make no mistake about it user growth is very valuable to 'new media companies.' 500K is not 5,000,000 but that isn't point. Numbers alone do not connote value.
Can you imagine the value if a co. could get 5-$10 from just 100,000 users every month?
It doesn't matter if current management can't get this to the next level what matters is that this keeps growing in order to attract buyout entities. I believe this is the primary goal of BUNM management rather than holding properties long-term. The CEO has said as much and it is clear that this seems to be in a holding pattern 'wait and see' so to speak.
Most penny companies are pure fluff but because of mainly hypster.com there is tangible proof that value is growing daily.
The overall economy is negating some of the gains and speculation here in that advertising revenue is basically down across the board for old media (particularly) and also new media ventures. Recessionary factors are at play throughout the economy but that opens up opportunities for those with deeper pockets.
It's important to realize the big picture is that the new media companies know that digital music is the present and particularly the future. Hypster.com is on the right track but could use deeper pockets and a strong vision to get to the next level.
Back to newspaper terminology--whether you like the pace or not our circulation is growing hourly, weekly, daily. 15000 more have joined up since June 20, 2008
If this growth is indeed 'organic' then it comes without any added cost. If one wants this co. to survive in order to be bought out one must be pleased with a fiscally conservative approach in a recessionary time.
408085 users
20405 page views
407049 Users
20353 Page views
I believe that BUNM holders should take the following into account that management is very aware and affected by current economic conditions. Ad revenue is experiencing a double-digit drop in advertising revenue with respect to newspapers.
New media is not immune to drop-off especially development stage ventures like BUNM. All forms of media for example are being impacted by a revenue drop-off from the real estate sector. Markets are likely seeing less infusion of cash due to the freezing and upside down nature of many real estate holdings in this country especially in AZ, CA, NV and FL
BUNM is not immune to the above economic conditions but despite challenges is growing a user base and seems to be moving forward in a responsible fiscal manner. Hopefully management can focus on what's working rather than try to fund and develop too many entities. Hypster.com seems to be the anchor tenant or the core business. Users need to be treated to a quality experience that will encourage greater retention and loyalty of services offered.
The economy does limit an ability to obtain financing and what is said in June 2008 Update is absolutely correct about you are only 'valued as much as someone is willing to pay' with respect to buyout.
Typically in recessionary times buyouts are less frequent or more low-ball--that's why it's essential that management/shareholders focus on seeing a value here grow so that another entity with a vision and financial strength can likely take us to the next level. IME user growth is no guarantee of buyout but it does increase the chances of a quality buyout for us shareholders.
I can't predict if a buyout will happen at 500,000 anymore than recent milestone of 400,000 but I continue to contend that a user base is a valuable commodity for the reason that you have an audience to buy your product/services and some entities can succeed where others are mediocre or fail.
Newpapers are losing audience whereas the internet audience is growing exponentially. Hypster is enjoying a good growth rate and hopefully this can continue in a cost-effective way.
Whether you believe BUNM/management are currently effectively gaining customer loyalty or not--there is no questioning the growth of the main property. It can be seen anytime at hypster.com and the user base is real. Whether hypster.com reaching its 'highest and best use' is a subject for debate. I have no problem if a larger, deep-pocketed contender believes it not to be the case and wants to snatch user base for the right price.
As for speculation; buyout entities typically buy because they believe they are getting a good value now or they have a strong vision that they can achieve a greater value than current management has attained.
IME there could be increased speculation of buyout as we approach 500,000 mark and whether that moves PPS or not is immaterial. What 500K milestone could achieve is a great advertisement to potential buyout powers that 500,000 users are effectively 'For Sale.'
If you read between lines of June 2008 Update it doesn't seem to be too much of stretch that some basic feelers are out there already in this regard ie. comment about getting valued at what someone is willing to pay.
CEO is on the record for believing that there could be some buyout interest at 500,000 mark. Industry and economic conditions ebb and flow. There are no guarantees but hopefully buyout entities with a vision will see the value that is growing here and shareholders will see tangible $$$ rewards.
I don't believe in coincidences either
400,000
20,000
100,000 new users since April 1st 2008
399920
19996
Beta and volatility continue to be down. This baby is primed for upside with news. It is also primed for MMs to try to keep it down early next week with typical games of making buys look like sells etc. With strong buying demand they may just be forced to 'go with the flow.'
Welcome to assistant mod clubhouse both
399292
19965
1:24AM EST
400,000/20,000 coming very soon!!
Volatility is way down and the volume drying up could portend a run either minor .0005-.0006 or major + .0010
volatility 6-2-08/ 604.80
6-18-08/ 464.10
Interesting post--interest seems to be growing here as we approach 400,000 users and 20,000 page views per day
100 sale means MM needs shares
200 sale means MM needs shares bad
300 sale means MM is going to take price down to get shares
400 sale means trade sideways
500 sale gapping up or depending on which way the sale went--this one can mean hold the PPS at given figure based on response
The above theories/explanations have been around trading forums for a while
Matt,
I was just reading article at reuters that in UK 'Internet will overtake television as biggest advertising medium in Britain this year, with over 19% of total ad spend.'
This is good hard data that online advertising is growing at expense of old-media like newspapers. The dollars are flowing into new media and certainly BUNM/hypster.com qualifies.
400,000 coming very soon (396,713 currently Pages 19836)
It will be interesting to see if co. gives us something more than 400,000 announcement no later than this Friday 6-20-08 Also I think it is quite a significant milestone to be coming up on the 20,000 page view mark. Ad spending dollars are going to be looking very closely at these two milestones IME.
I wouldn't be surprised if naked shorting is also at play here. The day high/low of .0001 is a virtual fixture of late. Of course with low volume it's hard to expose MM games--
391730
Pages 19587
I personally don't agree with overt pessimism here especially in light of exponentially growing user base and page views now hovering just under 20,000 per day. Adding 80,000 + users essentially every 60 days is no small feat and most people would label such growth as exponential.
The current PPS is a mirage created by low demand and MM games. The verdict is out about the underlying value here. I state again the current PPS does not reflect the underlying value.
Yes we do need more guidance and overt concern from management about increasing value for shareholders. It should be one of the responsibilities of the management team. As a public company it ought to be the least they can do for shareholders.
I am of the camp that contends that BUNM is undervalued. Hence I have purchased 10 X more shares here than I would typically do for a given penny stock. I haven't bet the house but I have made a significant investment here and I don't expect instantaneous results. 2009 is on my radar as much as anything between now and then. Our overall economy is in a turbulent patch but BUNM is positioned to continue to gain market share. It is an opportunity to buy a public company in an emerging sector.
Some have focused intensely on number of users but what is more-critical is if company is having success in obtaining streams of income from users that have been acquired. Quality over quantity should be of a paramount issue and sheer user growth doesn't automatically equate to profitability nor will it automatically move a PPS.
I don't want a direct pipeline with management what I want is greater transparency. What is wrong for example if co. admits that buyout entities are calling without naming any names. I believe as 500,000 gets closer that this could be a reality since in past email CEO admitted that 500K could be a magic number for discussions with potential suitors.
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