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Friday, July 11, 2008 3:26:52 PM
High levels of buying volume have been speculated about at 400K and 450K but there is no surprise to these PRs. Barring adverse events it is inevitable that 500,000 is coming the next few months. There are still a number of core holders in place with a great majority being longs. Day-traders and other shorties are not going to want to play here until market improves and they see real volume.
Realistically we are in a tough economic patch especially in light of our economy/ad revenue tied in with a real estate economy that represents 1/3 of our GDP. New media other than the exception of behemoth google are fighting to bring in enough revenue to sustain operations.
Realistically hypster.com numbers continue to grow apparently organically without a huge $ cost to attaining new users. I think it may take until 2009 until we see any dynamic changes with respect to BUNM. It's essential that hypster.com in particular can survive because the growing user base is our gold nugget.
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