Yesterday's 97,670,002 volume day shows how BUNM's dynamics can change in a hurry. While trading action of 1-14-08 speaks to more-selling pressure than buying pressure--the reverse will catch many off-guard when the PPS moves upward on high share demand. This will show low-to no volume and will deceive us all and then we will see a 100 + million type of day with strong buying pressure and this will be more-dynamic for all involved.
I think there could be a number of momentum-type traders who are waiting on the sidelines here before buying aboard for the official FB app announcement. There are always other plays and they try to avoid 'dead money' as long as there is no real excitement here.
I agree with other posters about impact of FB moving into IPO. It will encourage investors to research the sector and find properties that have capability for growth. BUNM has already proven its ability to grow. With release of FB to captured market there of (50 million users) our growth rate is bound to accelerate. Does anyone here feel barring some unforseen negative events that BUNM usership #s are going to be lower in two months, three months etc.?!
I like to look at BUNM's usership growth in the context of looking at a company that grows its profits every quarter. We have not seen financials but that's what makes this such a gem--in that a number of people will only invest based on financials and usually they miss getting in at the most attractive levels. Moreover, as a true investor/speculator you have to take risks and make deductions that people who 'must see financials' are not willing to take.
In my experience, financials are usually never good enough for some and they get very vocal about their displeasure as if BUNM, hypster is Nike or Wells Fargo. I am not particularly worried about financials but yes it can help our cause if they are solid to allay some investors concerns.
