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Lot's of factors in moving a penny stock. It's all about supply and demand. The float is around 165M shares...
Great conf call. I like that they are going to keep us posted in March and April. I also think the 70M annual number is very conservative... By 2/3Q I suspect we will gain clarity on how much higher that revenue number will be. Stand by.
Ok....
Where are you going with that? Are you invested in KBLB?
I agree Mike!
A man has to support his family and at least make some money on his time and investment.
In just my opinion... I think 2014 will be make or break here. I'm certainly betting we will get another update in the next 60-90 days conservatively... The business update should certainly move the share price above it's current .05 cent range.
Been following and investing in this one for many years now... I've seen all the ups and downs, and based on what I have seen, I think KBLB is closer to establishing revenues than ever before. I'm not betting the farm here, but it's worth risking some change on this awesome technology.
GLTA in 2014! And GO KBLB!
Good math check Mike.
I often wonder why people even bother to post messages on a stock board of a stock they think has no future... It's not like this is a spectacular short candidate at .05. So why waste your time?...Unless you're a bag holder just venting..
To me this is like a lotto pick... ya buy some, flip some, and hold a few in the outside chance that they pull this off :)
Kim has too much time and money tied up in this thing to let it go to zero... Just my opinion folks. (Been following and investing here since 2010)
Good luck to all.
Pretty strong volume today. I haven't checked in on this one in months. Seems like it's a little closer... Has anyone checked out the stab protection shirts from our new partner. Lol!
Spiber kills KBLB.
I agree with you....
I have reduced my risk here and I'm still holding some shares long...
I would have thought we would have heard something by now. Still hopeful... but 2011 and 2012 felt similar.
GLTA
The quiet before the storm.... can you feel that?
I'm excited for what's to come!
Go KBLB!
Outstanding! Thanks Michelle :)
Can't for what the future holds. I too have been in for years.
Relaaaaaax. This is going to happen...and IMO very soon. (30-45 days)
The company has too valuable a product... Things may not be perfect, but they will be good enough for some excellent share price appreciation.
I'm not sure debating a split/dividend that happened in the past for other reasons is at all productive. How will KBLB get the financing to do a deal? Who knows... I can only guess that the best way would be through debt financing.
However Kim does it, will help the long term value of the company... I also believe that the short term share price will pop on this kind of news. Kin has spent way too many years with Notre Dame etc...to get to this point...I don't think he is going to let this slip away...Just my opinion though. I'm not betting my life savings on a penny stock...so I can afford to wait until this fully develops.
Good luck to all.
Manshoon1,
I'm not sure what your average share price is.. but it certainly seems you are frustrated with how things are going. I too have bought and sold shares for some small profits in KBLB... and I have been invested in this company for several years. I have seen the ups and downs... and periods of no news over the years. I can certainly say that at this point in the company history, they are much much closer to realizing actual profits than they ever have been. I have a lot of shares right now and think I will be rewarded very soon.... but make no mistake, I know this is a penny stock and is risky. The shares I own, I can afford to loose. I think when we put on more risk than we can bare, it tends to bring out heavy frustration if things don't go exactly as we wish. With my own risk level.. this is certainly not a stock that I would buy and forget about for a long period of time... I keep a close eye my investments...especially in these types of stocks.
I have seen and lost money on several other penny stocks that are misleading and I think I have learned a few things over the years of mistakes... I don't believe KBLB is in the same class as other penny stocks or "shell" companies. They have a product and can sell it... it's all about business now. It's not about the science anymore so to speak.
I would say... if things are too stressful... then reduce your risk. This may help...and if you miss a short pop in share price, you can always get in later. I personally think we could hit above .20c this year and higher... but the reality is I also believe we will see shares go beyond $1 in the next 18-24 months.... provided we get good business plan execution from Kim... Kim is an attorney, and I think he has the intelligence level to get the business off the ground and shareholder will benefit.
Good luck!
It's going to be hard to hold this one down. Too much pending good news. Even average news will help support progress. Like Red said...get'em while they're cheap...we have been given fair warning.
GLTA
So in short....
KBLB is likely on track, and we will certainly benefit very soon with more developments regarding production.
Further more... we are likely so see significant share price appreciation due to the extraordinary accomplishments of this company in the very near future...
Further more.. if you own a lot of shares (ME) you will continue to be greatly rewarded :)
Further more... I will be on an island in the Caribbean sipping drinks with umbrellas soon lol!
GO KBLB!
More confident now than ever. Thanks Red for your input. Very valuable.
Anyone else have a worm that can express Spider silk? Just sayin...
Seems we have digressed a bit here.... Ummm hello! This company makes Spider Silk!! Who does that? Nobody!
Good night all
Hey Hassified,
Many of us have been in this company for several years. We have seen the ups and downs. I have invested in many penny stocks with some success... In order to truly sniff out a real company from a shell in penny land... I think the SEC filings are a good place to start. Then doing some research into what the company does. There is a lot of information right on this board to catch you up with KBLB and help you better understand what they are doing. Their partnership with Notre Dame and Unv of Wyoming are key components...among others... that help to legitimize this science and KBLB...
For example: ACTC is another penny stock I have watched for a while.. regenerative medicine.. great science, but bad company. You can see this in their SEC filings. There are certainly no sure things here... but I believe KBLB is on the right track.. and they have an entirely new product to sell in the market. KBLB has proven they have the product, and it's now a matter of mostly selling this in the right markets. Many other Penny stocks (especially boitechs) don't have product and sell just the hope of producing something amazing... KBLB already has something amazing to sell. This is just my opinion.
Good luck!
Definitely strange in level II action. 10k share buys at .0945, and 556 share sells at .090.
All I know is that out seems the trend is back up. Fewer sellers at this level... Shares at this price are gimmie shares IMO. We should see press releases before the CC and potentially great news from this little engine that could.
Welcome to the club!! It's going be a sweet ride!
The only problem with your theory is that traders/flippers don't wait years or months or weeks or days to flip shares.
Shares are cheap here folks!
Thank you Red for the update! I can't wait to see what's to come from our little Spider Silk company :)
GO KBLB!
I got more too!! Perhaps the traders have bailed... Investors are here to stay :)
It's the same damn 10k as last year....
Agreed!!
I've been here almost 5 years!! We are much farther along today than last year. It's gonna be fun to watch.
We held nicely! Can't wait for next week!
Seems the board has digressed and is getting restless....
Chill... Drink a martini... We'll know more in the next 2 weeks.
Yes but the recent 10k is fact. Have you even bothered to read it? Just trying to help...
Startup bio-techs always have to issue shares to help fund their research... not sure why this is even a discussion. Funny how fear and doubt sets in from time to time.... fear and doubt are normal and to be expected. But I think we are ok in this one..just IMO.
If you want an example of a great technology in a biotech(Regenerative medicine) company that really screwed it's shareholders... go take a look at ACTC.. read the latest 10K.. just awful (2 Billion shares outstanding) tons of lawsuits and major drag for investors.
Kim has done a pretty darn good job at managing costs to this point... I mean they have created a new life form! There is certainly risk here..but after many years of investing... I think we have a little gem here... these are rare for sure.. and most of these fail. This one seems to have a very good chance of success.
Long KBLB.
I agree. There just seems to be no way to make money in the company without a clean start. Even the licensing agreements with UMass are atrocious. The key ingredient is Dr Lanza. I really like the promise of the research and hope this advances beyond our dreams...but as for investing in ACTC...it seems a very risky and tough call.
I agree. It will slowly fade below $3. That is where I will be buying. The next catalyst is likely sometime in May or June for a potential up listing.
Read the recent 10k... You will then understand why the share price is .07
Wow! What a nightmare it is... No wonder they have 2.2B shares out. I just finished reading their entire recent 10k release... Holy shit! And they are still not done with litigation and SEC civil claims. It's as if they had 50 vultures clamoring for shares and money form a company that doesn't make any money...
There are literally hundreds (plural) of millions of shares issued to every shady loan shark ACTC borrowed money from in the past. Throw in the shares the company uses to pay its CEO and Dr Lanza... and there is virtually no way the company's share price can significantly increase with all of that overhang. I actually can't believe the company has not looked into bankruptcy protection for help... Or even somehow shut ting the company down and starting over with a new company.
I read the 10k because I wanted to invest in this company...I like the promising technology...but I just can't see how they get out of this mess for at least the next 24 months.... Sure once the phase III trials start and we can see revenue in sight the share price may appreciate...but it will be difficult. The board approved a reverse split last year that they didn't exercise... I see no way the share price appreciates without doing a reverse split. The CEO needs institutional investors so they can bring on more long term shareholders and hold the stock price a little better. This requires up listing to the NASDAQ... And the current share structure won't allow the company to get there.
I'll keep this one on my watch list for perhaps a post reverse split look...
GLTA
Today looks like similar action we had on 3/21. May create a nice dip buy opportunity.
I know right! It seems .10 may be long gone... I'm now wishing I bought more
Is that you from eTrade with the 71k buy at .115?
Chicks dig it!
I'm now wishing I had more funds for more shares... I think anything under .15 is still cheap considering what is coming. I've been in and out of this thing for 4 years. Been back in for a short time... and looks like just in time.
Kim with hair haha! Impressive attorney profile!
bye bye .10 shares... that will certainly look cheap in the next few months.
This doesn't sound very similar to what we have... and as far as I know, there is no comparable product out there to Monster Silk. Although it does beg the question of product and process protection for KBLB. GUess we will have to wait and see what the news looks like from their trip.
Bids are all accumulating around .10... if we get news next week.. I would imagine it would be later in the week.
I'm locked and loaded! Go KBLB!
I couldn't agree more... I do my share of short term trading.. and this one is one of those keepers...