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Re: None

Friday, 03/07/2008 1:55:45 PM

Friday, March 07, 2008 1:55:45 PM

Post# of 36270
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.