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Monday, July 28, 2008 5:39:11 PM
45679 page views 3:20PM MST 7-28-08
Looks like 500,000 users will be attained during August 19th-25th time period
'U.S Banks sharply reduce business loans' @ drudgereport.com (international herald tribune) by Peter S. Goodman Article informs about why buyouts and other aggressive business expansion and activity is slowing down.
I read another article on weekend about a quote 'recession in advertising' particularly for old media players. Newspapers, magazines etc.
Yes there are less advertising dollars available or is it also that advertising dollars are moving to new media sites like our hypster.com?
Where the circulation is--money should follow. This is no overnight process but one should be heartened by a growth of circulation here and the reality that telling potential advertisers that there are nearly 500,000 users is far different sales pitch then back in the days of say 3000 beta users.
Volatility has never been lower here according to my record over approx. 6 months--as per scottrade 100.80 today. Our potential upside here is looming larger in the sense that light trading could morph into much-larger trading days aka. 0-60 mph in 1 second. If this were to happen--it could attract day-traders and others who are attracted to high volume, positive story and mostly the volatility.
We are starting to trade every other day or every 3-4 days rather than nothing for a week at a time--
There seems to be a different pattern emerging here as we approach a big August milestone as mentioned above.
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