Replies to post #1 on UpSnap, Inc. (fka UPSN)

[mthead]

You seen mighty lonely here, 02. Did you know SmallCapMarketWatch recently issued a trading alert for UPSN?

http://www.smallcapmarketwatch.com/article.aspx?article=242

"UpSNAP Inc. (UPSN), the subject of today's trading alert is driving down Google's path of success in the mobile search space. The company has developed a free mobile search directory via text messaging that connects advertisers to the users utilizing Voice over IP (VoIP). Ok, we admit it's a mouthful but its all very simple. The management team at UpSNAP took a look at the mobile search industry and realized it basically stunk. Web search companies were trying to make mobile search an extension of web search. Well, what happened was not too many people wanted to see 100,000 search results on a small cell phone display. Then there was the problem of cell phone providers charging too much for slow data access on cell phones. All of these factors contributed to mobile search being a huge dud. Now it's all going to change thanks to UpSNAP.

Although UpSNAP was founded a little over a year ago it has been receiving major press coverage. The New York Times, Forbes, Newsday, Red Herring, and dozens of other publications have all featured the company's free mobile directory assistance for users of short message service, or SMS. Earlier this year UpSNAP won a prize from an audience poll as well as all around approval from the three judges at the IBDNetwork "Under The Radar" conference. Duncan Davidson from VantagePoint Venture Partners was one of the judges commenting that it is clear mobile search will be a massive category and UpSNAP's business model is good.

It is pretty obvious that UpSNAP was offered venture capital but management just recently opted to go public making it possible to be a shareholder now. Shares of UPSN closed the day at $2.43 per share and with only 18.8 million shares outstanding the market cap is a just under $47 million dollars. We think that in the near term people will discover that UpSNAP is now a publicly traded company and shares will move up to the $3 levels rather quickly. However, from a long term perspective it all comes down to execution. If past success is any indication of the future then there is going to be lots of happy (and rich) shareholders in UpSNAP."

I'm just waiting for a good entry point.

[purlieu]

ANYONE HAVE AN ANSWER?? - I tried to place an order to buy UPSN through my Ameritrade account - could not do it. Got a message that says, "Opening transaction for this security are not accepted." Why??????