BUNM is the Guru’s favorite lotto ticket stock. If you don’t know these stocks, then just do a quick browse on the top OTC volume lists. You’ll see SNRS, CWIR, MODC, just to name a few. These are $.0001 stocks that can catch a bid in an instant and return 100′s of percent in the matter of hours.
Today BUNM caught a bid and started to see some impressive action at $.0002 as the market closed. If the market was open another hour I think the stock would have closed at $.0003 not $.0002. BUNM’s last run saw it hit $.0005 before it sold off and lost its bid. One of these times BUNM will get a bid and never give it back and that may very well be now. Why?
For one BUNM has Hypster (http://www.hypster.com). Hypster is a social media platform that has been growing right along side Facebook.
The site boasts millions upon millions of visits and 15 million + page views that must bring in a significant chunk of advertising revenue. Factor that in with some of their other paid sites, and BUNM is sitting on a very impressive revenue stream. One that is capitalizing on the recent social networking explosion.
It is for this reason I think this stock deserves a much higher price per share. Is the investment community finally in agreement with me? I think we will soon find out.
Irregardless of BUNM’s assets and revenue streams every stock under $.0002 has been catching a bid as of late. I suspect BUMN could run to $.0005 or better just based on momentum alone. SNRS, a .0001 stock with a much larger share count and less prosperous financial disposition hit $.0004 on 2.6 billion shares on Thursday. If BUNM were to see a 2.6 billion volume day the stock would most assuredly see $.0005 or better.
Be on the look out for volume on Monday. If it comes fast and furious BUNM will rocket higher in a swift fashion.