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+ .10 a share will make me very happy. Curious...what do you suppose a 60 million dollar buyout would do to BUNM PPS?
Did you happen to see article cbsnews.com 'MySpace to Launch Online Music Company' announcement on April 3rd?
IME very interesting development that validates BUNM's multi-faceted approach as a music company and is exciting in light of the buying opportunity here.
Vivendi SA's Universal Music Group, Sony BMG Music and Warner Music Group are all participating in the above deal jointly.
The big boys want to attain market share and I would think that the above announcement will only serve to further increase our buyout VALUE here.
Also some of the questioning and a bit of bashing that appeared here seemed to strangely coincide with the above announcement for MySpace Music. The sector is heating up and BUNM is moving continually forward with its business and growth goals.
308449
It looks like some of the bashers are trying to start earning some minimum wage here. It's but another sign of the underlying/growing value of BUNM. Greed and fear are starting to show up for their various reasons.
They don't want investors to notice the growth rate and acquisitions so they make accusations on the very credibility of the company. After all why should anyone invest in 'a hijacked company?'they seem to be implying.
Highly suspect--very transparent bringing this to a public message board and now. (Faduciary) It's actually 'fiduciary' lol last time I spelled it--
What are these people so afraid of I wonder but of course it's a living...
Nowdays people know the price of everything and the value of nothing.
-Oscar Wilde
Yogi Berra quote:
You've got to be careful if you don't know where you're going, 'cause you might not get there.
PPS doesn't reflect the underlying value of a given company. That's why if you feel the value here is .0004 + that you will be happy to get shares .0001-.0002 or .0003 for matter. If you are 'overly pessimistic' you will always expect the worst and want out. The sky is perpetually falling.
The CEO appears to be following his own game plan and executing it. We can see a large part of this in respect to hypster.com and its growth. We have seen some unexpected acquisitions and can expect further guidance. Whether CEO cares about my daily welfare or not the business plan is moving forward.
Every new user represents a potential new revenue stream. Every new user = greater value. Every new user = potentially greater advertising revenue and interest.
Take an analytical rather than emotional view of 'what is going right.' Acquisitions are diversifying portfolio--opening new markets and venues to promote core products and services. The reach of BUNM and all spin-offs is scarcely scratching the surface of potential and yet in case of hypster.com month-over-month growth is exponential.
Nearly 50,000 new users a month is a great deal closer to 100,000 new users a month than 0.
You seem to keep a constant focus on the share price. I find this odd since the lower the price--the greater probability for higher return.
These levels are very attractive to buyers. Less attractive to those wanting out for a quick profit or any/all parties with a financial interest in questioning the credibility of this co.
Thanks
Why is volume LOW? because as described in Ben Graham's Book The Intelligent Investor (Warren Buffet's favorite investing book) see xiii there seems to be some lack of awareness that
"a stock is not just a ticker symbol or electronic blip; it is an ownership interest in an actual business, with underlying value that does not depend on its share price."
Volume in IME is LOW because pure speculators, flippers, daytraders etc. are staying away from BUNM mostly. They tend to get attracted to the many pennies with great PPS volatility and no fundamentals underpinning. Our fundamental value here tends to keep the volume relatively low. Moreover I would characterize BUNM as along term value issue over a more-common speculative type of play. Rather unusual for the penny world actually!
BUNM is moving according to its 2008 business plan and is an actual business. VALUE is not and cannot be ascertained by share price if you believe Ben Graham's core principles. Many holders or pumpers for that matter claim they are 'undervalued' but BUNM is an issue that you can make a strong argument that is undervalued. I believe that those who seriously research BUNM will be satisfied that this is the case and buy accordingly.
Graham's core principles also touch upon another item here that depresses volume--the tendency for many only wanting to buy at .0001 over .0002 or .0003 etc.
"The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from the pessimists."
IME there is a degree of that 'unjustified pessimism' here and so price and volume are depressed. People start wondering what is wrong with BUNM, management etc. Short of management doing a buyback or buying the whole float tomorrow they effectively don't have that much pull over PPS. Buyers, sellers and MMs have more day-to-day control in actuality.
We need to get through .0001s and maybe .0002s to weed out a number of pessimists and get a great level of enthusiasm for the things that are going right with BUNM. Those who have vision can see the extraordinary opportunity that is GROWING before our eyes. Like the CEO we aren't tossed to and fro by the PPS.
Finally this final idea is gross speculation but could CEO be unconcerned with PPS or is it that BUNM's financials are growing so substantially + that CEO wants to keep PPS artificially low in order to have an option to buy-back shares for pennies rather than dollars.
For the record I am no fan of CEOs who get eccentrically and emotionally over-involved with the daily PPS fluctuations or who are constantly feeding information 'off the record' to the rank and file. If it bears mention then we get it through official channels.
I believe one ought to look mostly here at how the actual business is performing and based on posts here I would have to say the consensus is 'very well.'
We will just have to see if potential buy-out suitors with deep pockets have taken sufficient notice.
A final quote from Graham's book.
"The secret to your financial success is inside yourself. If you become a critical thinker who takes no Wall Street 'fact' on faith, and you invest with patient confidence, you can take steady advantage of even the worst bear markets.
By developing your discipline and courage, you can refuse to let other people's mood swings govern your financial destiny. In the end, HOW YOUR INVESTMENTS BEHAVE IS MUCH LESS IMPORTANT THAN HOW YOU BEHAVE."
THE END of this post. Thank you Mr. Graham for your contributions
Agreed let's do our part to make .0002 the new bid...this is so close to popping but at the least hopefully she'll stay in green for EOD if it doesn't we'll know MMs are awake
Too bad we can't get a massive buying hit on the ask to expose all these fake walls. It will come with time but it would be fun to see more volatility and we need flippers to keep it interesting for us longs
In honor of BUNM's 300,000 milestone I have just added some more shares at ask. If we should get strong buying volume rest of today I wouldn't be surprised to see a PPS pop. This could happen right before close but usually we end up looking neutral or negative at EOD. 20 million of buys and then a 2 million sale and we look like -.0001
Relatively little buying volume under 20 million as of 11:37AM MST has moved us up + .0001
Nice deductions. I think more discussion and analysis needs to focus on advertising revenue and reach--so your post was great. How much is each 100K additional users worth--What would an advertiser pay for prime Web presence when we're at a million users etc.?
I believe a number of investors are waiting on the sidelines for specific financial guidance until they fully dive-in but it is obvious that the BUNM/hypster brand is growing in value by the day. It's firmly in usership numbers and best of all-- advertiser's dollars are only one stream of income. Looking for balance sheets before you invest isn't exactly bad--but not always the way it happens here in penny land.
Perhaps future investors will be delighted to buy shares at current levels for .012-.05 upon the release of full financials .All the power to them--maybe these will in turn sell several years later for dollars. There's a place for everyone depending on time horizon and goals.
Liquid cash coming in for any startup like this is a great advantage since TIME needs to be on our side. Cash-flow opens the door for financing, diversifying and acquiring other valuable properties. It also affords diverse options for allocating dollars to improving parts of the machine that need further refinement.
Usership growth is coming through a number of mediums--we're barely scratching the surface and yet any reasonable person here would conclude growth is significant. I wonder what would happen if we as shareholders simply handed out 1000 business-type cards to people in our communities that would simply say hypster.com--'join today' and see what the result might be with tracking numbers. Howver, with viral networking FB, Myspace, Banner Ads, refer etc. this would be ineffective at best.
Finally in one of my recent posts I speculated on the role of the credit crisis on plays like BUNM. Now a positive flipside I have been thinking on; If this is a deep recession or heaven forbid a depression--I actually think that this works to our favor on the usership growth side.
Why? because the younger crowd particularly 30 and under would be likely to keep their internet service rather than the cable or perhaps stop eating out a few times a month to be able to download songs and share with friends etc. Being online is not just habitual it's where we obtain and learn of financial services, play games, read the news or where our work and school connections are. For many of us under 30 or in close proximity the Internet has become a necessity rather than luxury.
A proclivity for activities at home might see new fervor over burning dollars at restaurants, driving excessively etc. If people continue to have to pull-back I predict internet service/usage will stay relatively stable. Other 'discretionary' items will be axed before the Internet and related services.
If the recession is deep I predict that hypster.com will benefit to the point that usership numbers will continue to command valuable advertiser's dollars. Our 'sponsors' are departing from traditional media because we have departed. They are desperate to find a Web reach--have an audience and inform us of their products and services. They risk irrelevancy and financial ruin if they don't break the mold and do what it takes to find us, reach us and convince us to buy their wares. At the very least they want to raise awareness in prepping their future market.
In the mid and long term I also believe that it portends well for a much larger player to throw huge cash BUNM's way because as the VALUE grows here--it tends to correspondingly bring curiousity and prominence. It encourages competition and sometimes most readily in the form of acquisition. Rather than 'reinvent the wheel' these corporations will pay outlandish amounts of money to capture market share and try to improve results or hold for further markup.
lol have some salt!
Great!!!
37477 new users since March 5th
We should be around 350,000 level by the end of April
This is excellent news in that BUNM is diversifying with each acquisition and adding VALUE. Multiple streams of income are being developed. Truly as stated in some material in this forum the CEO is not preoccupied with the daily PPS as--so many appear to be. He seems rather preoccupied in building value especially while being fully funded.
If I'm not mistaken the ratio of ad revenue also should increase with each milestone whether another thousand, ten thousand or hundred thousand. Anyone care to speculate what the monthly $ sign is for advertisers to reach 300,000 potential customers with a growing base. Look at the advertisers partnering here and see if you have any faith in any/all of those names.
I state again that BUNM's PPS at present is not a good indicator of the true value that is here. I know this contradicts the idea that it's only worth what people will pay for idea. However, BUNM has defied a great deal of conventional wisdom thus far especially in respect to its PPS. Some of this is because even so-called believers don't seem to want to buy at the ask and so everyone in the boat got in at roughly the same port. This means stagnation especially with number of 'longs.'
This is actually a strange phenomenon--one major factor could be an unease in our general economy in light of frozen lines of credit, huge inflationary pressures. Monies that were formerly devoted for speculative plays may be going to necessities. So for now the PPS might be stagnant whereas a couple years ago we may have seen 2-3x the initial interest and higher PPS fluctuations ie .0001-.0005 etc
I believe more-substantial interest will be coming and yes we can without pumping 'spread the word' for a sub-penny with great promise. To this date, BUNM has exceeded my personal expectations because we have an intelligent management that is achieving value-added acquisitions, exponentially growing a user base-Web reach and focusing internally rather than pumping out PRs and getting people 'excited' on a diet of fluff rather than results.
It's a bit unknown what exactly is being built here but my gut tells me that management has a very clear vision whether it be further acquisitions, spinning off properties for millions of profit or developing a multi-tiered powerhouse that could potentially be sold off for hundreds of millions $$$$$$$$$$$$$$. It may take years but we seem well-positioned with a strong foundation set in place for future growth and taking advantage of future opportunities.
300K almost here! New users coming at a good clip
Thanks for updates as always. 300,000 users coming very soon!
100 Beta users: March 2007
300,000 users: March/April 2008
100 X 3000% = 300,000
3000% growth rate year 1
Food for investor thought: (in the event) that 3000% could be sustained through another year with base of current users (300,000) and other percentages as well
3000% x 300,000 = 9,000,000 users
2000% x 300,000 = 6,000,000 "
1000% x 300,000 = 3,000,000 "
500% x 300,000 = 1,500,000 "
400% x 300,000 = 1,200,000 "
200% x 300,000 = 600,000 "
I think the above should demonstrate to skeptics that BUNM is on its way to breaking into the the million usership realms--particularly if a compounding of new users can strengthen. If every current user helps contribute to a signup of at least 1 friend we get to the(600,000).
It appears to me that the CEO is looking at the long-term view. I'm glad he isn't one who seems to be particularly worried about the daily PPS. After all, he has very little control over it because he can't induce old and new investors to buy shares at .0002-- so that tired shareholders who bought at .0001 can get out and move on to other issues or put their monies into the bank for a whopping 3% return lol.
Common sense would say that with FB announcement; a wave a buying demand would continue unabated and raise the PPS accordingly. However, weak knees, a short or (even naked shorting) could be at work here and it's not going to move until real and consistent buying demand enters in. The MMs know this and it is fundamental to why this isn't moving. The .0001s and .0002s could actually be paper thin but until the masses eat them with insatiable hunger; a certain illusion can be maintained if the MMs so desire.
This company is a gem or a lemon based on an individual investor's beliefs and biases. Some people want a personal email from the CEO daily and some could care less what the CEO has to say at all. I have never spoken to this particular CEO and am actually relieved that he is not that open anymore through unofficial channels. It's really not a good business practice in my opinion and there are likely possible legal consequences as well.
I mean there are insider issues as well as individuals on message boards who attempt to mislead. Can you imagine what a frequent poster here either optimistic, realistic, negative etc. could do if they casually announced that 'they heard from someone in management' Google has offered 100 million for BUNM with all its offshoots! This would be especially insane if the said poster had acquired tens or even hundreds of millions of shares. I don't believe any management trying to build something of consequence is going to put itself out on that limb as far as insider type of communication to shareholders.
Shortly, people will start looking forward to 'next PR' that announces 300,000 users---and it may just result in a loud THUD. IT'S frankly INEVITABLE--The skeptics will say at that time that such a lack of PPS reaction proves that this company is not a good investment.
I say the best is yet to come and that 30,000 added over three weeks means that in one year hypster could very well be approaching 1,000,000 users if not more. I say that 300,000 means nothing more to some than 200,000 or 2,000,000 It's never going to be good enough. If you can't see the end from the beginning why bother seems to be an underlying theme! So be it...
The company is in relative infancy and yet some expect baby to crawl, walk and talk on the same day. If Google type of prices aren't here in 3 days then something is wrong lol
I prefer to hear about what's right here--so I politely suggest to those who feel stuck at .0001 perhaps you ought to change your tune so DEMAND at .0002 strengthens. I don't understand how you proclaim you want out and yet someone should come to relieve you of your suffering and buy your worthless shares...huh??
If you think this stock could be worth .0010 or .0020 or .02 by the end of 2008 what in the world are you waiting for?! That's what I'm wondering--what does this company have to do to beg, convince and prod the investing public that it's worth more than .0002?! Why buy BUNM?
Investors need to make a convincing argument for themselves why they should get-in, get out, add etc. Enough said I should probably get some sleep..GLTA
Advertising partners have got to like the nearly 300K usership here--and buying banner ads accordingly.
Yes indeed and this could move big at any time with or without those coveted financials. These type of pennies rarely fluctuate because of fundamentals--in fact I think this is why BUNM seems to be ho-hum to many holders and potential investors--they may individuals that base their investment decisions on fundamentals and so they're constantly waiting for some kind of lightning to strike?
As I have stated many times we move on DEMAND as MMs and those on sidelines get greedy and fearful that a tsunami of buyers is on the way. The unexpected PR or the buyout offer from a bigger player with infinitely deep pockets. Some buy as investors and some buy under duress and they risk chasing this. So be it. If you don't feel some compulsion to buy a sub like BUNM and you think you know what a promising penny is then honestly something may be wrong with your deduction.
Also I would like to point out (as in the past) that it's probably a bit unfair to associate BUNM with 'dilution' since the company is actively and transparently building revenue streams. You can cry dilution all day long but maybe focus on the myriad of pennies that blatantly parade in the penny world with no fundamentals, no product, no real world success and clueless management that print shares for a living--yet BUNM doesn't seem to fit that model. Intelligent 'dilution' is called financing an enterprise. It buys TIME, keeps talented people keeping Web sites and servers up and allows us an opportunity to increase a Web reach.
It takes money to make money and I would rather see a company self-finance by selling shares to raise sufficient capital than to fold before it begins or to toxic finance from day one to cover ill-advised overhead costs and losing ventures. Sure it would be nice to see some financial guidance but it's never good enough for most even when it's released and I personally like the investment unknown.
Every new user = $$$$$ just based on advertising, cross-selling, branding value etc. etc. and yet every doubting Thomas wants to see 'financials.' I predict many on the sidelines who are waiting on the latter may be left wanting at much higher levels. You take that risk if you haven't established yourself here already.
The real financials are evident everyday with growth rate of usership--also the chance of buyout increases with each milestone 300K, 400K Momentum is building here and there should be a number of exciting breakthroughs as the co. follows their plan and is judged accordingly.
Finally--let's see and be provided with proof of this 'dilution' by those who claim it every-time the company doesn't run according to their expectations or upon a PR. MM activity and lack of demand over a period of days or buys that are combined by brokerages as 9,000,000 and judged as the company selling shares may be incorrect info or manipulation by bashers, competitors or those wanting in at lower levels. 80,000,000 shares bought and 2 million sold and dropping the bid on the 2 million is more-frequent than some realize. If PPS drops does it mean dilution? If the price stays at .0001-.0002 does that really connote the true value? Thanks for letting me vent
Hopefully you can cash-out at higher than .0008
40,000,000 x .0020 = $ 80,000
40,000,000 x .02 = $ 800,000
40,000,000 x .20 $ 8,000,000 :)
GLTUA !
Nearly 5000 users added since 3-10-07 (270,004)
Nearly 13000 users added since 3-5-07 (262,443)
300,000 coming very soon
Slow and steady indeed--I think the next PR will be the catalyst that breaks us beyond .0002s
I agree $ 10.00 is definitely on the conservative side but I like your number because it gives us more of an upside to speculate on:
1900 (over last 24 hours) x 18.00 = $ 34,200 !!
300,000 is going to be here before we know it--and according to Uranium's $ 10.00 value (per new user) company value went up the following over last 24 hours based on Jammernyc's growth #:
$ 10.00 x 1900 = $ 19,000
The value here grows day after day and best-yet we are now seeing a nice acceleration of the growth curve--this is just getting started IME since we're in early stages of seeing viral effect with FB
.0002s may be getting scarce. Good to see buyers hitting ask. BUNM believers are trying to get in at .0002 or below--anticipating base moving up.
I believe BUNM is much-closer to 'breaking-out'PPS-wise than many realize but majority here still want shares at .0001 bid level MMs let go of some .0001s in order to keep this from moving to a more-realistic value range of .0002-.0004 and keeping volatility on the low.
Investors of course are more than free to try to buy where they may--but the reality is that many buyers here want shares at a level that is keeping PPS artificially low--while maintaining that they think such buying behavior is conducive to raising PPS to higher base range where they believe they will be able to sell.
I simply maintain the common sense that the sooner .0002s are consumed and become the true ask--the sooner the MMs will be compelled to move us to the higher buying/selling levels. Fence-sitters look at investors only buying at .0001 and conclude that this is all a share is worth or even alternately concluding something must be wrong. We need DEMAND here at a range of ASK and we need more volatility to make this issue of interest to all types of investors.
CNES needs to achieve revenue and if they can't ASAP they should close up shop. I will not buy another share until they demonstrate real results rather than 'talk.' It is highly evident that the vast majority of the investment community/holders feels the same way. Hence MMs know there is no real market here.
As for Ibox: I would like to see the user growth number (updated (every 24 hours) and 'at the top' of page.
It's no small wonder that this can't eat up the .0002s when folks are still clamoring for .0001s
The reality here rather than 'dilution' is that a number of flippers bought at .0001 or lower and are trying to double their money by attempting to sell at .0002
As per Uranium PB's conservative estimate of 10.00 per user
1665 new users (3-5-08) X 10.00 = $ 16,650
if you take a more-liberal company style valuation at
1665 X 15.00 = $ 24,975
Not too bad for one days work :)
Every new user represents a stream of income $$$ and more TIME for business plan to succeed. 300,000 is right around the corner! Truly TIME here is money--
Great and welcome news! Let see how well/when PPS follows the volume and how much user growth accelerates. Management understands the importance of developing multiple streams of income and building in an intelligent manner rather than spinning out endless hype. I am not convinced that the penny-buying masses really understand the value here otherwise they would have bought already. The company attained another huge milestone today and is advancing its business plan forward. Undoubtedly there were a number of hurdles to overcome in order to jump through this particular hoop. GLTA
To clarify a bit Matt:
I would agree that 50,000,000 type of buyout could be coming within a few years. I just wanted to point out the reality that CEOs/management teams don't always stick with long-term business plans and that if real valuation today is 5,000,000 and someone offers double that tomorrow: you never know how management would truly react. I mean if I love my house and its worth 400K and someone offers 800K cash it's hard not to give serious pause to take such an offer and run. Yes, it's possible that someone might come along the following week and offer 1.5 million but seeing and closing--is believing.
Greed and fear are very powerful emotions to which none of us are immune. Social networking sites should be big in 2008 but the overall economy is filled with structural dangers right now that make individuals and corporations nervous--that's why it's vital and comforting that BUNM and all spin-offs are moving incrementally business-wise.
I can't stomach watching promising entities die because they run out of funds before they even begin! I've invested in BUNM because management moves in an intelligent manner and tens of billions of shares are not being printed and toxic financing vultures are not welcomed in.
We have very little real say over their reaction to such overtures especially since the real company insiders could become millionaires by 'doubling their money.' Perhaps I am wrong to assume they already aren't millionaires but if I was in their place and invested time, money, skin in the game I might be very tempted to cash-out at any advantageous juncture especially if I could guarantee my retirement.
Surely one could speculate that 4-8 x more $$$ would be coming their way but an offer 'would have to talk' in that regard. Like a piece of real estate--something is worth what the market is willing to pay rather than what a company or shareholders think it's worth. I would be interested and excited to hear what the CEO thinks the company is worth but way excited if a Google type of player or other type of legitimate player corroborated it with an offer or even exceeded expectations.
A 10,000,000 offer at this point IMO would be a great start because it shows players with money are hedging their bets for BUNM's success. It doesn't mean management will accept the given offer. Moreover they could always counter whether it was to 20 million, 50 million etc.
In any case--I believe the future looks bright for a potential buyout that would be advantageous to management and holders. Value here is growing and people and institutions are going to have to pay more attention especially as TIME works on our side. Daily growth rates are likely going to be exponentially higher as time goes on and judging by recent events--we are receiving positive guidance about the company with greater regularity.
There is no question in my mind that BUNM is moving in a direction that could potentially make it an acquisition target for a bigger player.
If posters are correct about valuation of 5,000,000 + (already) some company may want to nip this in the bud and buy out for say 8,000,000 to 10,000,000. They would do this in order to make an offer that might be refused. I mean if you see 'the writing on the wall' for BUNM and spin-offs to be worth 20,000,000 by 2009 wouldn't you want a bargain at 10,000,000?
The potential for exponential growth is real and so any bigger player that's watching closely is going to have to act aggressively should it come down to a bidding war.
Just as lyricing.com was gobbled up by BUNM--so could BUNM and any/all spin-offs be gobbled up for nice mark-up by a Google or equivalent type of player or investment group or a very wealthy individual for that matter IMO
Finally sometimes these corporations or individuals put out millions simply because they can with ease or they fear that a competitor will acquire and 'have the next great thing.' Fear and greed affects us all in financial decisions and corporations are no different (since they are run by people) lol
The great thing about BUNM is that there is a clear funding plan in place for the next couple of years that will give us all-important TIME to grow and become more-prominent to potential suitors at the same time. 'Value GROWTH' you might say....
Good to see excitement here and see some new hands at the table. 250,000 is now in the rear view mirror and the next 250,000 may be coming up sooner than some realize.
IME we could attain another 250,000 within 30-60 days of official FB announcement. The facebook base is approximately 50 million and virally we are going to make an impact once all the greenlights are in view. Market share compounds on market share and FB is going to bring acceleration--how dramatic we are going to find out!
That's why moving along ho-hum (lol) to 270K or 299K is no terrible concern. We are still waiting for liftoff--
Uranium PB how does 500,000 X 10.00 or X 15.00 or X 20.00 sound?
500,000 x 10.00 = 5,000,000
500,000 x 15.00 = 7,500,000
500,000 x 20.00 = 10,000,000
BUNM Spring FEVER
BELIEVE IT !
GLTA
March 07: 100 beta users
March 2008: 250,000 + users
I agree we need more speculation here and excitement. It's been a long time since we had posters express a burning desire for more shares. The only thing we often hear about 'shares' are purported statements about BUNM being a printing press for the CEO. This certainly wasn't true of trading on 2-25-2008 and yet some were insinuating that such volume pointed to 'dumping.' Everyone is welcome to have their opinion..for what it may or may not be worth.
I still stand by the common sense argument that it is not in the CEO's interest to kill momentum with dumping shares rather it is lack of strong, consistent buying demand that is holding us back. The enemy is us whether you are unsure of adding or unsure about getting in for whatever reason! We need multiple days like 2-25-2008 but this stock tends to be ho-hum in that many seem to discount what they consider as a mediocre growth rate and buying demand is certainly not terrible but could accurately be labeled sporadic!
250,000 is far beyond 0 users and should be a milestone that we can be proud of, however it really is hard for many to quantify how much value each user means to the bottom line since we don't know at this point what bottom line is.
FYI I got into BUNM based primarily on technical analysis points rather than lack or support with financials or simply 'liking the story.' The further this ho-hums along the more-exciting it becomes because I believe this issue is going to be well worth the wait. However, I find it striking that there is less excitement for BUNM than a number of other preposterous pennies out there with zero prospects for growth, revenue etc and billions upon billions of dilution of shares.
Yes there are many unknowns but the internet is integral to the future of music access/purchase. Musical artists are moving away from old models and looking to new distribution channels. The CEO
seems to be keenly aware of this phenomenon and is trying to build market share without sinking the ship.
Question(s) to all readers/posters:
What argument can you make to buy or add more BUNM shares or simply hold?
What in your estimation is holding PPS back? MM manipulation, fear, lethargy, distrust of management, realism, lack of speculation please explain...
Doesn't the addition of E mean that a filing is overdue?
If this type of volume momentum continues--we're going to be turning heads across the board(s). Today's (buying) volume has basically superceded the last 20 days of trading in one day! Usership growth is accelerating and quality PRs are rolling in.
BUNM could definitely be waking up--it is nice to see activity and some excitement here. I like the lyricing.com move because it's another loyal base for the co. to springboard from. Mike seems to understand the $ value of not reinventing the wheel at every turn. That was good and unexpected news...exactly the thing that keeps people engaged and ultimately fuels DEMAND for shares. I think a series of events both expected and unexpected PRS are going to really rev up the demand. I am excited as ever to see the effect of FB official release on PPS and what it does in respect to acceleration of usership growth.
250,000 will definitely be another great benchmark to attain. It will be interesting to see how fast we'll get to the next 250,000 especially if FB official release is factored.
A bit of food for thought--in the event the anticipated release can help hypster achieve the following:
4166 new users per day X 60 days = 250,000 additional users for a total of 500,000