Either of your two guidance events could turn .0001-.0002 into the ash heap of history. IME a buyout from a big-name player aka Best Buy type could move this into pennies within space of days. If enough buying volume comes in on massive news things can really fly. Any news could move this .0002-.0020 quite easily.
I suggest with your being relatively new to trading that you determine now your out-points based on low-end, mid and high-end projections.
If a huge name aka Microsoft or Google were to procure hypster.com .05-.10 might not be off the table***** I'm not predicting this unlikely event just saying that such a tsunami news event would be one perhaps for the ages. As I've stated in other posts; bigger names getting involved draws bigger exposure than we've yet experienced. It also draws many different types of traders aka. momentum traders, flippers etc.
Relatively nothing appears to be happening on the surface but there is a management team working everyday to achieve success. CEO stated in the past that 1,000,000 appeared to be significant attainment that might translate to possible buyout opportunities. Obviously what was said a year ago doesn't factor in current conditions 'on the ground.'
It would be great to see a buyout right when 1,000,000 hits but the reality is that the hypster.com offers a very valuable database to mine for other streams of income. Our wheel doesn't need to be reinvented.
There are companies in Silicon Valley right now that are light years behind BUNM and trying to get their Web-concepts moving with seed monies of 20-30K. I'm not saying these are all digital music industry players but rather highlighting that there are many concepts that boast 0-1000 users and yet no real consistent revenue streams for long-term sustainability if not survival.
You've got to reflect and appreciate how far you've come to understand where we could be heading.
As I said in my last email if the co. wanted to induce or even manipulate this PPS they could do it easily. All it would take is some PR about major news coming after 1,000,000 milestone and the investment community would be all over this.
The co. and CEO doesn't seem to be in the business of releasing guidance through unofficial channels and also if it is not warranted. Everyone who follows this knows that 1,000,000 is coming and IME people should invest accordingly.
One of the hardest things to do in trading IMO is to sell a position when greed is in full force. It is not easy when these penny stocks run from .0002 to .0050 within days and it looks like .01 is right around the corner.
A few years ago, I was in a penny that I bought at .0004 and eventually it ran to .0028 (within space of days) and I didn't sell because it appeared that it was going to keep climbing. I wasn't mentally prepared to sell or even get back my principal because I truly was shocked about the huge percentage move and yeah greed factored in as well. I started listening to 'more-seasoned' investors who were talking .01-.02 etc. and who probably had already taken their principal off the table or who probably had just sold their entire position.
If you are conservative investor or if you want to consider a particular strategy--ride 'free-shares' by getting back your principal at a set point and keep the rest for hopefully an awesome ride up. It could allow more fun over stress for the duration of the ride. I have a sheet already formulated showing different price-outs in order to secure my principal and reach my other objectives with this investment.
Didn't mean to write so much but I hope it is some food for thought.
AI
