BUNM - Still Holding The Bid

Some late day salvo's threatened the BUNM bid today and... well.... it held.  That is good news.  The stock had solid support irregardless irrational investor sentiment.  I still find it odd that investors have sold out after just a few day burst.  This stock has much more room to go in the longer term as the hypster.com site grows and the assets within BUNM grow in value. 

Maybe BUNM needed a few days working through the $.0001 to $.0002 range before heading higher.  The quick burst to $.0003/$.0004 may have been premature and the selling back down rattled an already nervous investor base.  It does take a brash investor to take advantage of a panicked seller.  Remember Citigroup was selling under $1 a share not long ago, many of the rental car companies were selling for pennies on the dollar when the financial crisis was at its peak.  Investors who recognized the value vs. the risk at that time, have made off with large gains since then... some in the 1,000%+ range.

My point is the risk takers can be rewarded with huge returns.  BUNM is an immensely risky stock, but the rewards, with continued growth, could be enormous down the road.  At $.0001/$.0002/$.0003 a share BUNM offers a good risk to reward chance, and the opportunity to get into the social media space micro-pennies on the dollar.