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Alias Born | 11/07/2007 |
Thursday, January 22, 2009 9:45:12 PM
What we need is a 0-90 mph in seconds so we get attention of the pinkie stock buying community at large ie. low volume or no volume and then multiple days of volume in hundreds of millions. The reason that many have stayed away besides the overall economy IMO is that high volume/high volatility will bring in day-trader money.
Day traders need to have the confidence that they can get-in and get-out and trading conditions have not been favorable to this scenario. Therefore many of these have stayed on the sidelines.
We can't and shouldn't rely on management to add fuel to the speculative fire as we approach 1,000,000. It is not in their plans or nature to divulge such details. I also think it is not in their interest or perhaps shareholders--in the sense that if we're going to get bought out we need max money offer.
I personally deduct that the chances of a buyout will increase either right before or after attainment of 1,000,000 users. Yes it is speculation but based on analysis of industry trends, company behavior and poster sentiment it will represent a fulcrum point of the last few years of efforts to build the brand.
I still interpret the silence of management as confirmation that a primary goal is to obtain buyout and cash-out. Have we heard anything to the contrary? No. Hopefully despite credit crisis we will start to see a guarded renewal of buyout activity generally. However, the reality with the likes of Google, Microsoft etc. tightening their belts and reducing aggressive business strategies is that it may take longer than March or April to receive an adequate buyout offer.
Meanwhile, hypster.com should continue to grow and achieve a new measure of market share everyday. We are light-years ahead of other entrepreneurial ventures that want to start a hypster.com brand as of today. Music is not going away--especially not digital music entities. 1,000,000 will be a great milestone to behold whatever happens IME.
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