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Alias Born | 11/07/2007 |
Tuesday, April 29, 2008 5:57:42 PM
People who want out should be shedding light on the positive aspects or alternately pumping this. Reality is neither unfounded optimism or unwarranted pessimism. You can't get out without a loss or at all without new investors buying-in. This is a reality--
IME the overall economy is dampening demand for plays like BUNM The lack of financials have also concerned some here. I personally am not too concerned on financials because frankly I believe it may be in the interest of the company and (shareholders) to not undermine what appears to be a possible objective--BUYOUT. See CEO comments in IBOX in regards to attaining 500,000 + users--
I think things could be fairly ho-hum here until we get closer to 500,000--but not because this isn't worth more than .0001-.0002 Too much fear and apathy have entered in. I am not going to feel sorry for people that chase this from these levels or find in 1 day, a week or month that .0005 is the new base and find it infinitely more-expensive to acquire a meaningful position.
Accumulation of late has been steady but not spectacular. Penny pumping groups have largely stayed away but I think it's only a matter of time before they come and greater PPS volatility emerges. Especially in light of a countdown toward 500,000 users.
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