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Wednesday, March 19, 2008 2:37:59 AM
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
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