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Something could be in the chute...above average volume today 21 + million and also seen on:
(6-4-08/ 25,500,200)
I believe that 500,000 + will be more of the magic number for a critical mass and getting attention from buyout entities and new investors. 400,000 is a very significant milestone regardless. We should see a PR on the attainment of this milestone and hopefully we get some new attention.
IMO mid and long-term things look bright for us in light of declining interest and revenue from 'old media' like your daily newspaper. I know in my metro that one of the major papers just slashed a large number of staff because ad revenue is so down. Lower circulation = less ability to capture high levels of revenue.
In contrast--our 'circulation' reach increases every minute, hour, day...$$$$ and as the critical mass grows we could see a nice bump in the growth curve.
I think the investment community is underestimating the value of BUNM for a number of reasons--part of it is that we are seeing a sea-change of turbulence in the economy. I don't believe that the PPS would be at these levels 2-3 years ago.
Another factor is reluctance by those who are familiar to 'old media' versus new media models. Ad revenue is going to follow new media where user growth or circulation is increasing. You have got to put your ad dollars where the eyes are and it is clear to number of entities that BUNM is on a exponential growth curve.
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86,434 users added since (April 1st 2008!)
Thanks for the well wishes Macclorjoe! GLTY with BUNM--I'm holding strong with you--bought another 4,000,000 yesterday (for those who are looking for missing volume)
Not at present...however management in the past has said that 500,000 users may be a benchmark for such a possibility. See ibox info
Next day of large volume could portend financials--it seems that there are always info leaks before the fact. It will be good to see some updated financial guidance
The Salt is back...after extended medical leave. I decided to buy more shares today in celebration--
Moreover still very optimistic
Volume is increasing
hypster users not far from 400,000 & page views keep budging up
overall economy is dampening enthusiasm for these type of plays but that does not mean that BUNM has no value. It means that people who would have invested here in the past don't have excess funds to buy much beyond the necessities.
BUNM still represents a great opportunity to get shares in a sector that mid and long term is extremely promising. Every new user represents a dollar value and so everyday the value here increases.
Hypster users April 08
April 1st 2008 / 300,000
April 30, 2008 / 338,654
300,000 X 13% = 39,000
Projected hypster users by end of May 2008 assuming current growth rate of 13% (per last 30 days)
339,000 x 13% = 44070
44070 + 339,000=
383,070 likely by end of May 2008
If persistent buying demand enters in then anything is possible--speculation alone could push this much higher .0020-.0035.
I agree with posters who say with substantial positive news this one could reach the pennies--new money has entered in and additionally many new eyes are monitoring.
IMO there is no reason to be pessimistic here period. At present the trading pattern is not conducive to flippers or frankly anyone who is motivated to sell.
People who want out should be shedding light on the positive aspects or alternately pumping this. Reality is neither unfounded optimism or unwarranted pessimism. You can't get out without a loss or at all without new investors buying-in. This is a reality--
IME the overall economy is dampening demand for plays like BUNM The lack of financials have also concerned some here. I personally am not too concerned on financials because frankly I believe it may be in the interest of the company and (shareholders) to not undermine what appears to be a possible objective--BUYOUT. See CEO comments in IBOX in regards to attaining 500,000 + users--
I think things could be fairly ho-hum here until we get closer to 500,000--but not because this isn't worth more than .0001-.0002 Too much fear and apathy have entered in. I am not going to feel sorry for people that chase this from these levels or find in 1 day, a week or month that .0005 is the new base and find it infinitely more-expensive to acquire a meaningful position.
Accumulation of late has been steady but not spectacular. Penny pumping groups have largely stayed away but I think it's only a matter of time before they come and greater PPS volatility emerges. Especially in light of a countdown toward 500,000 users.
Here they come...lol
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16793 Pages
SLSY seems to be resting after the exhaustion of last weeks mini-run
Moreover pumping parties and flippers have undoubtedly moved on to other plays. This just seems to be moving back to a bit more of a normal trading pattern. There are indications that this 'normal' trading could change at any time toward upside. MM activity at higher levels are indicative of this possibility.
Last weeks volume action proved that this can move with buying volume approx. 50-100 million.
As for 'dilution' issue it is far less of an issue for a co. that has major revenues and a higher growth potential. I mean what makes more sense on paper a co. that has 0 revenues, unknown growth potential and billions of shares or one that has millions in revenues and a proven growth model in a viable actual industry with billions of shares. I think people need to explain more when they claim a co. is 'diluted.' IMO to be honest one must weigh such a claim with a value/growth argument.
As I have had said with other stocks and giving some benefit of doubt to management--you must have a share structure commensurate with your ambitions--this is especially vital with these type of companies because self-funding through stock sales is better in long-run than cos. that sell themselves to the devil of toxic financing before the chicken can even think of laying an egg.
If SLSY is indeed bringing in millions a year--then it really opens the door for a variety of leveraging opportunities. Small cos. don't fail for lack of ambition but rather in running out of cash/credit for operations. If you're viable at all you need $$$$$ so that TIME is on your side because inevitably greater opportunities present themselves.
Finally in light of other speculative plays and industries the medical field is largely immune to shallow or even deep recessions. It will be interesting to receive further clarity from CEO about business operations and to see what is happening as far as more sales and gaining market share.
Attained 333356 users
350,000 is going to be here in no time--
Hey Mac,
Thanks for the feedback. I wish you success with all of your respective investments. BUNM will have its day--I think overall the economy is dampening some enthusiasm for many of these pennies. BUNM still remains a compelling stock to me for a variety of reasons.
We have continued to see consolidation. The accumulation has been occurring--just not at dramatic levels to this point. Supply of shares simply is running ahead of demand and market needs to get a great deal hungrier. What will make this hunger burn? is really one of the big questions at present.
RSI is currently running in low-gear and it would be nice to see buying action strength to budge things to a higher level. If nothing else volatility might encourage flipper types but MMs must see that the demand is here overall.
I continue to look at BUNM as a long-term play and have been adding to my position as well. The masses have not yet seen the value here but neither did a majority envision the popularity of MySpace or Facebook from their inception.
Classic shake action--. The harder it falls--IME the bigger the bounce that will come. Many new eyes here--some have opened a position $$$$ or are getting ready to.
Flippers are in command for the moment and I stress for the 'moment.
I agree that IR and management do need to improve their communication with the investment community.
This shaking action could be the fuel for a nuclear ignition into the stratosphere. It's keeping things volatile on the PPS down for now but the MMs may not be able to keep it from escaping these levels. It would seem that even a hint of PR at this point could mushroom cloud this baby. Haven't been in this one long but I like the size of base that is forming--
Matt I understand where you're coming from as per your PM--I just wonder aloud if the co is already receiving serious queries from buyout entities and are keeping financials out of the public domain with this (possibility) in mind.
What I am saying is that if this is a goal to sell for substantial markup that the co. will shoot itself in the foot to reveal it's worth 10 million, 30 million etc. now if someone is willing to pay 80 + million based on largely speculation. Offer first numbers come later...
Greed and Fear definitely play a role in respect to existing competitors or for those wanting 'instant equity' in this potentially lucrative industry.
This co. is a no-brainer as far as speaking to the inevitable. 500,000 users will be attained either July,August--September 2008 at the latest based on current trends. 'It's just a number ' some will say.
I firmly believe it may represent a great deal more to our competitors; a threat to their bottom line but also more importantly an opportunity to expand their Web reach or vastly improve upon operations.
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Pages 16517
Just wishing all the 7.5 mill were mine...oh well got my few before the snowball really rolls. GLTA
I tried to get .0006s and no fill... ): near EOD
330,000 coming soon--
Organizations go through a number of phases; typically birth, growth, maturity and eventually death and/or renewal. BUNM is moving more into a strong growth phase especially in relation to hypster.com which is the main engine of growth.
PPS reflects an uncertainty and perhaps in some cases an unwillingness for some to recognize that this co. is far from maturity.
I agree with posters who say that as shareholders we can do more to get the word out but which 'word'?
On one hand we can encourage everyone we know to join hypster--
Alternately we can encourage friends, family and business associates to learn more about BUNM and sector and see if they can personally get motivated enough to buy shares.
IR can't convince anyone to buy shares nor is it the primary responsibility of management. It is the responsibility of informed investors who make independent decisions whether based on their gut, technical analysis, hypster growth etc.
Judge a company on not what it says but based on results. We have had PRs here of late talking about two unexpected acquisitions that effectively have done nothing to the PPS. These results have not been exciting enough for those who want to manipulate PPS based on fluff.
Typical pennies leak news of PR in order to get market to buy on speculation followed by certain parties selling on the news. What happened with unexpected news--no PPS manipulation.
I have added more shares here after having reviewed again the 2008 Business Plan and 2007 Review. The co. appears to be on target for achieving its objectives.
They have put forth a share structure that is commensurate with a co. that intends to grow into a major name. As mentioned the co. has experienced birth, now growth and is far from maturity and death.
It is speculation but I don't think it is outside reality that in a few short years hypster.com will be more of a household name. It might become for certain demographics the musical equivalent of 'MySpace' or 'Facebook.'
Those individuals who are loyal to the above services have ingrained them into their daily lives. This type of branding and association is very effective. I see a similar focus from BUNM management in respect to 'branding.' Advertisers are going to want to ally with a strong brand vs. unknowns.
People enjoying and sharing their music online is not going away. The digital age of music is really only beginning for the industry; new and established artists are trying to find their way in the digital age and the landscape is quickly changing.
Any starving or successful artist for that matter needs to find an effective music distribution channel.
speaking of thriving...
322312 users 16116 pages
To muchh 'riting' oder the years I guess...lol
The wall here is relatively thin...the only thing stopping a real move is lack of traction in many buying at ask .0002 With greater volatility we will see more day-traders, flipper-speculator types.
Trust me buying at ask--forces the hand of those players keeping this on SHO
Any stock can run at any given time. BUNM is working to be a bigger fish than EESO--hence smaller cap structure. Not to mention we're not even talking the same industry.
BUNM is striving to become a huge industry player whereas as per management of EESO a '30 million dollar valuation is a dream.' 30 million valuation here would be a huge disappoinment.
'GAK13' Why not address Matt's questions honestly--if you are not willingly to I think it supports the theory that you are a paid basher. Not answering questions, multiple posts etc. ignoring VALUE of hypster.com growth etc. is highly suspect.
Your multiple appearances comes when volume or interest here grows...hmmmm
Regardless thank you for your continued efforts to bring attention to BUNM. Asking questions is not a bad thing and perhaps your work is getting more eyes to look here. People with experience with pennies know that share structure is not a limiting issue in respect to PPS rise.
With intense buying demand there is nothing stopping BUNM or any other issue from running out of the gates on any given trading day. The only limiting factor is the investing community and what they are willing to pay for a security.
Best regards--keep up your good work. Your claims are baseless and lack any merit in respect to fundamental trading principles.
A PPS does not reflect underlying value here or with any other issue.
If there is no VALUE here why even bother posting?!!!!
IM observation) You post here because VALUE is growing here by the day--and for some reason you are motivated to distract and investors from that reality.
For the record, I bought another 5 million shares yesterday--MMs are trying to keep this down but notice yesterday things ended green 100%
I have added moderately at other closes as well and sometimes it ends us neutral and on other occasions green. I have wanted to add to my position but also test the MMs.
Buying volume demand doesn't lie. However, MMs 'can make this appear to be down' when there are 20 million buys and a 3 million sell at close.
There are currently 11 MMs on the ask--
IMO as we move toward May/June the new ask base will increasingly be .0002-.0003 or even +.
I believe that a small run is possible with unexpected news and/or with significant hypster milestones. A larger run could be in order with acceleration of hypster growth rate and/or further guidance in respect to financials of co.
IME as we approach 400,000 and then 500,000 hypster user milestones interest will exponentially grow in BUNM and new money will follow. I am convinced that the crowd has not arrived here yet but when they do volume--followed by PPS volatility will re-emerge.
MMs are sitting at ask ranges .0001-.0010 Take it or leave but it appears that they expect demand to fall into those ranges in the short to mid-term. Longer-term and based on BUNM's own projections and my estimations; the end of 2008 should bring PPS values at or above .0010 and this is on a conservative basis.
There are 259 more days left in 2008 and if hypster can keep up the pace assuming 1500 new users a day x 259 + (320,000 existing) we're poised for over 700,000 total users by end of this year (2008).
Don't let anyone fool you that this can't move either in a small or large way. I have personally been involved in issues where speculation alone has moved a PPS .0004-.0028 in a matter of days. The 0/S at that time was 15 billion and the co. had no real earnings of any kind.
Interesting experience you had. I don't believe in coincidences by the way. Your experience confirms to BUNM's believers that this digital music co. is effectively marketing and reaching its key demographic. These 'kids' are great for loyalty and also for their high levels of discretionary income.
I think it's great to hear anecodotal evidence that stands in addition to empirical data like hypster user numbers etc. It brings a greater sense of reality that BUNM and associated entities are having real-world impact.
I have read accounts of traders who speak to the importance of listening to the 'word-on-the-street.' They query everyone they know for opinions about stocks and industries. For me it's amazing to think about what is being done here in respect to finding and retaining a loyal Web audience. Hypster in particular is forming a solid foundation in order to accomplish the above.
The company seems very committed to not only finding and retaining an audience but in creating a profitable enterprise with multiple streams of income.
Added a few more shares...
User count 318495
18495 new users! since April 1st
You make great points in that the actual 'float' that can be bought here by investing public is quite finite.
Todays very modest buying volume moved us 100% up. IMO May could bring more volatility to PPS. I would fully expect .0002 to fluctuate into bid territory and .0003 + ask.
I have added shares of late and at the same time I have tested the MMS for .0001s. If they have any left-- they sure aren't releasing them or perhaps they are just flat out.
It will be interesting to see if we get some new or existing investors that hit the ask in major way$$$$$ and see just how real these levels are.
Congrats to my friend """ for another 900,000
IMO the future of BUNM PPS-wise is going to look like EESO. While that stock has lower share structure @ 225 million it has run nicely into the pennies. Interestingly the CEO said something to the effect that he would be overjoyed with a 30 million valuation. For all we know BUNM could be worth that to a buyout entity today--yet our PPS levels are .0001-.0002 It really doesn't equate and that's the point for those who don't understand the value here.
After reviewing BUNM's 2008 plan and 2007 review it's clear that our management team is shooting for a much-higher type of valuation. The pundits say the BUNM's share structure is evidence of reckless dilution. I say it's a vote of confidence from management that they're going to go for the highest valuation possible. It's a heads-up that share structure is going to be commensurate where the company intends to go. Options are being kept open and shareholders need to understand why share structure could be expanded to higher levels.
They are shooting high rather than settling for just anything. Building up for a glorious future requires you to build on rock-solid foundation. Some people get frustrated because they want to see the mansion NOW but give no scrutiny to the underpinnings. If BUNM can achieve anything close to its stated goals between now and 2009--competitors would be foolish not to attempt a buyout.
Every new user here represents a potential revenue stream. It represents an opportunity to develop a brand loyalty. In actuality to competitors it represents a potential loss of market share. As BUNM gets bigger particularly in respect to flagship hypster.com one never knows how aggressive management will be in taking this to 'the next level.' They have nothing to lose and everything to gain. This is after all a rare penny VALUE play.
It is evident that BUNM is seeking to be a diversified online music company. It is also evident based on recent news aka 'My Space Music' that the big players in this relatively new industry are scrambling to build on the model and keep or even acquire market share. I believe like others here that these parties will ultimately do whatever it takes $$$$$$$$$$$$ to insure their market share as leaders in the online music industry.
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Nearly 13000 more users added since April 1st
They should be pumping lol
They have left open the option of increasing O/S doesn't mean they are going to. The fact they put out the structure means they want their shareholders to have transparency rather than be like the companies that lead investors along and then one-day drastically increase O/S without warning.
BUNM seems to be self-financing rather than giving company away to toxic partners.
Where do you come up with a conclusion that having 1-2 billion shares out is any more risky than having 100 million and no real business potential or revenue streams?
You never seem to mention any of the virtues of BUNM. If you're going to 'educate' then please be informed.
Just when BUNM is ready to gain momentum--the bashers come in to induce doubt. We get to hear further crying about the PPS and implying that we're heading toward a R/S
There is no evidence or a need for an R/S. All indications say otherwise. The company has a clear vision and is funded through 2009. This inference is clearly a lie. The PPS doesn't reflect the underlying value of BUNM.
For those who are so-obsessed about the PPS--why are you working to hold it down. Shouldn't you be pumping?!
Best indication of the above? The fact that bashers are starting to hover here like vultures trying to keep this from blowing up. Once this busts a huge move and gains momentum--many, many eyes will notice this and the buying/price increase will follow.
Whether they work for shorters, MMs etc. or potential buyout entities there is no question they have arrived. They all have their reasons but recent events indicate to me that BUNM has been targeted for a smear campaign. Why? because greed and fear is growing for those with something to lose and or gain here. The VALUE of the property is growing exponentially and it's out in the open.
This particular drama put to rest...lol