Wednesday, June 17, 2009

BUNM - A Dollar and A Dream

You can head to your local convenience store tomorrow and purchase lotto scratch-off tickets that will likely be worth no more than the paper they are printed on, or you can grab a few shares of BUNM at a rock bottom price of $.0001 with the chance to flip those same shares from $.0002, $.0003 or even higher. Its lotto time!

Over 100 million BUNM shares traded hands today, which is something to keep your eyes on. Unusual volume usually precedes substantial price increases.

BUNM has been poised for a breakout on numerous occasions. Resistance is heavy at the double mark of $.0002 but once that level is broken a multi-year high of $.0008 would be in the cross-hairs. But lets not get ahead of ourselves, one day of volume does not a rally make, although Monday and Tuesday did have some above average volume.

BUNM does have an active web site that has been gaining impressive traction the last few years. Although mired in the low $.000's the company has yet to put its shareholdres through the dreaded r/s. Top that all off with the seemingly growing sums of cash hitting pink sheet subbers and you have the potential for a few 100%+ breakout here.

BUNM - Burned Media. Keep her on your watch list the next few days.

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