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Re: None

Tuesday, 11/13/2007 2:04:26 PM

Tuesday, November 13, 2007 2:04:26 PM

Post# of 36268
It's amazing how MM manipulation suddenly becomes 'dilution.' Even if the float has increased somewhat it doesn't take away that MMs can make buys appear as sells and despite recent scrutiny naked shorting could also be at play here. I wish there was zero tolerance with naked shorting but there still appears to be room for manipulation. It would seem the majority of longs (including this one) are not in certificate form so MMs can seemingly pull a rabbit out of hat and PPS doesn't budge much. For those who aren't familiar with naked shorting--I would simply say that we consider the possibility that it is occurring here. Unquestionably there are a substantial amount of MMs hovering around this issue. Despite this, I believe speculation, exponential growth of users and yes PRs are going to blow the lid off this one. There are similar pennies out there with 5X the float that have moved in increments of .0010 + and I might add were nothing but speculation plays. I am not going to throw out a PPS prediction but I think the magic number for dramatic moves upward will be when we attain 500 million volume day. This will be a signal that new holders are entering building and a new support base will have formed to the longs benefit. Also, this tends to reinforce a possibility of naked shorting when huge volume comes in and PPS movement mysteriously lags. Ironically, BUNM suffers lol from a largely realistic group of longs who tend to look at fundamentals. I believe that this will move mostly on speculation and that major movements will be coming before official news release. CEO has stated above he is not focusing on PPS but rather on building the brand and making sure he has a winner. I also believe this to be the case because either the CEO can take relative pennies now or take tens of millions later when hypster is sold to a Microsoft-type entity who covets 500K-1,000,000 users signaling huge growth to come. Bigger players do have deep pockets but they also are savvy enough to recognize winners and buy them out before acquisition becomes too expensive or fear of losing out to a major competitor. Hypster is still in its infancy but will move to another phase of its development when Facebook app is sufficiently ready for wide public consumption.