Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
To anyone with experience/knowledge in taking a product to commercialization.......Announcement stated shipped a 'small commercial quantity to Warwick'. Good news. Ques: How many months before Warwick evaluates, develops a product and goes public with a product?
I still foresee (guess) KBLB is still at least 6 months out before any commercial product might be announced by Warwick. Frankly, I think 6 months is optimistic. Lots of decisions, evaluations, legal, etc....What is the product? What's it's name? contracts?
If Warwick comes up with a product (think they will), I see this having a nice spike. Other than that, I don't have hope of this stock with 600 million shares rising and maintaining until actual profits are reported.
Mr. Thompson is due for another 'announcement'. Will something come this week?
No 'announcement' tomorrow and we're in the 0.04's
Last 'announcement' was, other than a brief spike for an opportunity to make a quick profit, just a flash in the pan.
Weird that, after how many yrs, they now decide it's a good time to invest in equipment to do own testing of properties. Maybe I'm totally missing something, but I don't feel any confidence to 'load the trunk' up yet.
I expect next 'announcement' to be 'now we have sufficient food for the worms and we're planning on starting soon'
Just announce a commercial deal and then I'll load it up
Look at the bright side......With stock now in low 0.05 and threatening to drop into 0.04's high probability Mr Thompson will be prompted to make 'an announcement' this week. If he does, might open an opportunity for a quick sell.
Would love to hear a real announcement with actual substance. But his track record, I'm banking on low probability for that wish.
The major issue I have with KBLB is I don't see any substance to 'announcements'.
a) the last announcement 'due to lack of food for the worms, we're delaying a month but the good news is production should be double next month'....Am I missing something but, what were the expected projected 2nd month production figures? Did they expect them to be less than 1st month? Weird.
b) Did I miss something? Why hasn't KBLB defined what the 'commercial' production will be? 5 lbs/month, 100 lbs, etc.
I'm sorry, I don't see what basis there is to have a lot of confidence.
Until an announcement of substance like financial backing or commercial deal, I don't see this going anywhere but down.
Igotthemojo....I too avoid putting much trust in the vague PRs.
At this point, I don't try to interpret. I just wait can see how the 'masses respond' and then I try to play them to my advantage...This latest announcement about 'starting commercialization within two to three weeks' (personally say 'more empty words') seemed to create some opportunities and I able to make some money w/o a lot of risk. KBLB for me is just another ticker which I try to make money on and did ok these past three weeks....Mr Thompson...throw us some more fluff and get thing shaking..........
You can wish. I say the odds are very low.
This announcement was very close to the one event everyone has been waiting for ('we're in commercial production' which I believe yesterdays announcement said they expect to achieve in two to three weeks).
I don't expect a huge sell off in the next three weeks. My best guess is some 'bigger players' are trying to keep it from running off for the moment and try to play some easy money volatility while we all wait.
If the 'we're in commercial production' comes as projected, I expect this to shoot past 0.15 easily via whatever pump/dump/'real investors'...Really don't care what 'forces' prompt it but I think everyone is now seeing the likelihood of a pop coming.
Is there any real basis to be surprised the price is back down to 0.06?
When I first read the end of May 'big announcement' I thought 'he's saying thanks for everyone's patience, don't expect to hear from me, see you all in 3rd / 4th quarter, maybe'. It was a weird announcement. No clue for motive. For every wishful reason I can think of a negative reason.
Sure, if no announcement comes soon it'll continue to drop... Doesn't take a genius to figure that out. So, why the 'panic' now?
How low before the next announcement? I'd be tempted to buy more if it gets back sub 0.04. Sooner or later, an announcement will come.
Although we didn't get the immediate spike/volume I was hoping for today, I feel I see glimmerings of hope in future:
- more 'news' should be coming which should create some small runs.
As much as Mr. Thompson's vagueness in the past frustrated me, from personal experience, I understand the time it takes to get production going. This being said, his 2nd/3rd quarter estimate at best is optimistic. I plan to be holding long till then. Just will keep an eye on opportunities.
When's the next 'announcement'?
Mr Thompson was firing them off consistently prior to share holders.
Just give us something to make this thing pop......
Maybe something next week??
The key asterisk to that thinking.....
*Ready to accept the potential loses in the event the CC ends up adversely impacting share price.
I lived this bitter experience once before and now resolved not to let my emotion/wishes set me up again. 'Loaded my trunk' before big meeting, so sure that it would be the big annoucement. It wasn't and the stock got dumped and dropped 30% that day. Now over a year gone by, stock is only 40% value of premeeting value.
I would love for KBLB to make the big one...Spike to $1....However, I proceed cautiously. If a huge announcment comes there will be sustained volumes way higher than 2 million and plenty of time/opportunity for me to right the trend up.
@Igotthemojo & Itsallbull:
Do you think it's wise to hold through CC?
Two weeks ago I had 20-25% of my account KBLB. Sold off most in this last rally; now in cash on side waiting for the next surge.
I now have 8% of my account (bought at 0.055) and plan to hold for long. Your thoughts, please.
@ T-master...I can't speak for the rest here but I don't visit this board to repeatedly hear someone proclaim there's 'too much hype'. After you stated it once, 'point taken, thank you'. No need to keep repeating.
I'm here, like most, because I would like to make money on this stock. If you want to make money with the rest of us, I'm interested in having access to your comments. If your intentions are otherwise, please don't waste everyones time.
I recognize that I can't control 'over hyping'. I can't control the 'pumps', the 'news'...I think the majority of us here understand these truths so we aren't really looking for someone to repeatly remind us......BTW...one would be foolish to believe only pennies get overhyped...Look what the firms did with AAPL.
Wanting to make money, I and all, can take advantage of whatever reactions from the market (from whoever - justified or not). I can't fight the forces that push the stocks around, but if smart, can take advantage of such moves. That's what I've done over the last three weeks, and hope to cautiously suceed at this coming week. If I get the sense that interest is dying out, I'll take measures I feel comfortable taking.
Now, my personal take on KBLB.....It's obvious that this is overvalued in many ways. Does this automatically mean that, if the trading volume goes through the roof, KBLB can't shoot up to the sky? Obviously not, that's why I cautiously have an interest here. Will it happen? I don't know, but things are getting interesting.......
Too funny.....over the last three weeks, the money I've made on this penny has helped me recover from my present 'loses' from buying Apple three months ago. Who would have figured?
Nice week. Nice run over the last 3 weeks. I'm surprised that overall, it rose pretty steadily (a few sharp brief drops in 0.08 to 0.1 range in Mar ~24-26).
Excited to see what happens this coming week, pre CC. I'm guessing/hoping there'll be some sort of announcement to perhaps get a spike up past 0.15...
At some point, if news can keep coming, I'm expecting the 'larger forces' to start trading this more heavily and more volatility will occur. Don't plan to fight them, just ride with them with caution. Is kind of crazy that this company has more shares than Apple, and to date has not yet made a profit.
I hope you're right, and the other positive thinkers.
Thanks to all for several responses.
Is the sell off coming tomorrow? What's everyones thoughts, please? I'm thinking this great run is fizzling out and tomorrow will close down...Here's why:
a) In the last 60 minutes before close today, it spiked up to 0.1 at a 350k volume, then 'crashed' down two times (to 0.095 and 0.093) with volumes 120k and 30k respectively. Sure...it recovered 0.1 by close, but on lower volume buys.....I think that was smaller investors 'chasing'.
b) A large portion of heavy volume buying was down in beginning of day around 0.09.
If you're long, you're not sweating it. I took my profits too early....0.083 and 0.089 (bought in at 0.055 and 0.072) and now am waiting for either a big sell off or a big announcement to keep the momentum.
Can't wait to see what happens tomorrow.
Help please. What does CDEL stand for, please? Thanks
I'm not sure why many get upset when this pennystock gets 'pumped'.
Bottom line for me.........I'm trying to make some money on a stock I learnt about in the huge pump a couple of years ago. Latest group of announcements seem to be generating 'spikes' which aren't too difficult to make some 'quick change'. Got in at 0.065 and out at 0.083. Hey, if the CC generates another 'spike' great...I'll be selling with the 'dumpers'.
I only wish for the day that a commercial contract gets signed. I just don't trust this company to the point where I feel comfortable hanging around too long. An infinite number of things can prevent this from ever happening.
regarding the next CC......I agree with you igotthemojo, there'll be new 'glitter' thrown out there but until I hear the announcement of a commercial contract I take it as just 'glitter'.
Bring on the next spike.....My gut tells me some 'news' will be released this week. Maybe the next one with almost touch 0.09.
igotthemojo,
Are you still trading KBLB? With series of news later, it's volatility has increased. I hoping for drop down to low 0.06's again.
Pretty much reflects my thinking.
Don't expect this announcement 'new fiber looks reds when under certain type of light' to bring this back above 0.1 and hold. Would be nice, but until a deal is announced I don't see this going anywhere significant. Hope I'm wrong, but not banking on it.
You did good.
- If no new news comes soon, this period of interest will pass and it will deflate/settle again.
- Suppose a deal is announced on Monday, you can still jump in and ride the sure rise.
I only have 10,000 shares at 0.048 so not worth me selling yet. Hoping it keeps inching up this coming week and I'll sell out enough shares to recover my investment.
Pretty much my take too.
Although this whole spider silk becoming available in production quantities is a facinating concept, till it happens it's as fiction as Spiderman.
I'm only tracking/monitoring this stock hoping for some announcment (hopefully the fiction becomes a reality) which results in a nice spike, most likely due to a pump/dump scheme since it's a catchy technology.
Thanks for keeping the rose glasses off and keeping the reality of the present situation. I'm glad I sold off 95% of my position months ago.
While I wish for any news which might make this thing spike for a quick profit on the meager 5% I still hold, I too agree there are many 'mountains' this company must get over before becoming a real stock. Till that day comes I'll just keep an eye occasionally to see if activity/interest lends itself for making some quick money. I was thinking some news would be out in Sep/Oct. Seems like general opinion now on the board is sliding the timeline for the big announcement into 2013.
Anyone....
What's the CEO's next move to ensure stockholders?
Another vague letter to loyal stockholders?
How about some simple answers to:
What is present production capacity of MS?
What's holding up commercialization - locking in a deal with a company or actually getting technology to where production is possible?
Personally, I don't see how neither of these are super sensitive information. Doubt Mr Thompson will ever provide a clear answer.
Igotthemojo
I sold out my last 10% of KBLB at 0.055 and the planned to buy on big annoucement. Today wasn't the big announcement, but it seems like Mr. Thompson is still alive. I agree, a little late and likely a knee jerk reaction to the steady increase of loss of interest. I bought back 5% at 0.043, hoping it might spark a spike/rise up in short term, and if it does, I'll sell off and wait for interest to wane again as time passes.
"patience is not a virtue AFTER you buy a stock..it is a virtue BEFORE you buy the stock..."
Thank you. During my brief 4 years 'playing' in the stock market that's one of a few simple principles I´ve learnt to trade by in the conditions the market has been in and still is in and I'm now making money. Once you buy and the stock doesn't move like you expected, best to sell and re-evaulate the situation. Better to sell at minor loss than watch investment smolder away.
Here's a second one which works well with the first one: Always sell (at least some of holding) once you're in the green. If it keeps climbing, you're happy since you still have holding. If it drops again, you've made some profit and can roll initial investment back in. I´ve seen this work with 'boring' companies such as Apple and Citi.
Unfortunately, KBLB hasn't been in a trend which works with the second principle for several months now. I doubt it will unless ´the big announcement' comes. I sold out the majority of my holding at 0.069 and last minor at 0.055; both at losses. Been slowly recovering my losses by now applying the above two principles. In the meantime, I think KBLB is 'playing chess' on the edge of a cliff....a 'race of time' between funding running out and combo of attaining feasible product quantities and finding someone to sign a deal to get money coming in. Easy to say, not simple to execute. Question is, where is the PPS bottom before the 'big announcement' arrives? Will be interesting to see.
Hi ZincFinger...help me out please...IF the big announcement ever comes,
a) What do you expect the PPS to spike up to the first day or two?
b) What do you thing the potential peak PPS to be in the huge rally, inmediately post announcement?
In my limited experience.....500+ million shares in a company ran by one man, I expect
a) First day or two spike to be maybe 100%, this would put us at 0.09 if announcement comes this afternoon.
b) Post rally, easlier pass 0.25, likely up to 0.4-0.5, maybe up to a $1. (Afterwhich it will drop 50% on the huge selloff from the big penny players who play it).
Well, there are 'my cards'. If I'm anywhere near accurate, there's plenty of room for me to make money if the KBLB lab experiment ever strikes the big deal in a commercial product. Frankly, I'd be happy with ANY DEAL. Till that day, this is basically an interesting article for publishing in Popular Mechanics and I continue, as one posted call it ´playing checkers´(happy playing with real companies in a volatile market taking my 10% gains when appear and wait for next drop to buy back in) while those smart ones 'playing chess' wait for KBLBs next move. From my two years watching this company, I hope noboby thinks this is 'speed chess'. IF it ever happens, it will take time.
Rayovac812....I wish you the best......If you're right I´ll win too.....AFTER the big announcement....I'll sell some stocks I have now in real companies, 'load up' with KBLB and ride the pumpers wave (eveyone hates, but likely happen since it has happened to KBLB in past), make sure I sell for profits as volume begins to fade off, then wait for the likely sell off and finally decide if I want to invest again, hopefully at 50% discount from my sell price.
In my less than 4 yrs of investing, I've been in those 'this is going to happen' moments with other companies 'no possible way this will fail' only to be blindsided by some unforeseen issue. This has groomed my trading style to be more defensive...the more riskier, the higher level of caution I use. That's why I don't own right now KBLB. Yes, the technology looks interesting and wonderful. Yes, I love the concept. But, for me Mr Thompson´s style is too vague with the infor he publishes for me to invest as a 'long term' hopeful. Since I sold out two weeks ago at 0.055, KBLB is now lower. Actually, the more it continues to drop while we wait for the announcement, the better off I'll be.....IF the BIG ANNOUNCEMENT is ever made, I will be able to catch it lower. Til then, I patiently wait with my money in real companies.
Funding of Lab......I've ask myself the same question....Don't remember Mr Thompson stating where the funding is coming from.....I think it's a 'race' between making the big announcment about the big deal or how to continue funding of 'the project'. Think I wait this one out......
Thanks Bob,
Yes, I'm green in investing......less than four yrs.
Lessons learnt:
a) Always take some profit when there. Never yet have seen one stock shoot to the moon and stay. Even on a solid rise, there's peaks and valleys. Even true with Apple. If you're worried about missing 'the boat', split the holding into two groups - long and short. When hit a new peak, sell the short and patiently wait for the next dip.
b) Only a few good stocks are necessary. 'Good' in the sense they match your goal/plan/style. Find them and stick with them. You'll note they often follow repeatable/predictable patterns, which following a) you'll get making money.
c) NEVER invest/chase a stock you don't know. (See a) and b))
That being said I had (3-4) stocks in my account. All of which I've followed for at least the last 2 yrs. June 2011, I thought KBLB matched my style. KBLB has been in a trend which hasn't met my 'style' for the last 6 months or more (down). I don't see it coming out until the wishful day KBLB signs a commercial contract. Till that day, I'll limit my max account portion to 10% KBLB. Right now 0%, likely for the next month or so while I focus on the expected volatility of the other 3. Even if the big deal is made, there'll be a chance to jump in and ride the spike up. After the 'love affair' is ended, it will drop. Afterwhich if profitable, true investing firms will come it and another rise will come. How high? All depends on how profitable. But, til the big announcment, I view KBLB as just an exciting lab experiment, which at this point has investers disinterested.
Hi Mike,
Thanks for your thoughts. They reflect much of my plan.
My plan is based on I don't expect the 'big announcement' until after mid aug - sep. From my limited experience with other stocks going through legal things (a sure a big commercial contract would have many lawyers involved), months pass. Kim was at a show in April. 6 months later puts me around Sep. I'm expecting to have good safe opportunity, if C gives a good report on Monday, to snag a good 20-30% rise. Decided to liquidate my KBLB Friday to have the cash ready if a solid earnings is reported. Also have two other stocks (been playing with only 4 total) which I expect good volatility this week and next week. That being said, decided to liquidate KBLB for now and try to advance in these other 3 companies while keeping my eyes on KBLB. If the big KBLB announcement comes in the coming weeks, I expect to be holding these other 3 companies in 'green territory' where I can quickly sell some and dump back into KBLB. Just my short term plan for the next month. Will be interesting to see how good or bad it turns out to me.
Hi Bob,
I'm happy you feel comfortable investing larger percentage of your holdings.
It will be interesting how KBLB plays out.
My logic...IF a deal is made the BIG ANNOUNCEMENT will follow. I check daily for the BIG A....When/if it comes...I'm not banking on it shooting up past 100% the first day. I'll still be comfortable dropping up to 0.2 a share...after all with the BIG A, it could easiest spike up to 0.4. 6 months later it will have settled back down. After all 500 million shares with what.....projected 1st yr P/E are you expecting?
Well, there's the markets response to this 'update announcement'.
Basically, not impressed.
Reinforces my conviction not to add to my portfolio (8% KBLB) unless the big Commerical Deal announcement gets made someday.
By the vague explanation provided, I don't see mfg lining up any time soon to sign a deal for MS. I like to wish, but I don't see it it the next few months.
I'm glad I sold 85% of my KBLB at 0.069 a month and half ago.
Great lesson learned for this rookie 'investor'
I foolishly kept 'loading up the trunk' little by little since late last November till Feb. Finally woke up at end of March, when I realized 90% of my portfolio was KBLB. I lighten the trunk (at ~10% loss) so KBLB is only 10% of my holdings. Been playing elsewhere with success. (I'm up 5% since end of March).
Still wishing for the big Announcment with C in it. But til then, enjoying some gains elsewhere.
I think the spring is loaded and ready for release.
Today's small pop up, on lower than average volume, caught my attention.
Daily, I'll be checking in for any good news......IF...IF...IF it comes I'm seeing an easy 50% gain in less than a week.
First Mike,
Last week I did a small "all or none" buy order at 0.068. After several dips lower than 0.068 w/o my order executing I called my broker and asked why. Here's the reason given to me:
a) Market orders are filled before 'conditional orders'.
b) 'Conditional orders are executed in the order placed, assuming there's sufficient volume available to fill the conditions of the order'. So, if there were 3 people with a 0.068 buy order ahead of me, they executed first volume permitting.
c) 'All or none' means that.....If there's not that volume available to fill the order, the next guy will smaller volume order gets placed.
After receiving these explainations, it made sense in my case since had dipped below my order price with very small trades.
I'm guessing there will be some announcment tomorrow about Trademark 'renewal/extension'. PPS will spark up to low 0.07's and then fizzy back down into mid 0.06's.
Until commercialization is announced, I don't see investor enthusiasm like last year. I'm a novice investor. Last May made 30% on KBLB in 5 days, after an announcement bought in and sold a few days later. Too easy I thought. Continued to watch it through last summer. When ND contract came out bought KBLB (10% of my account). Then Mr. Thompson announced things where going great, faster than expected.....added to my trunk...20% of my account.....Then Feb meeting.....added to my trunk....30% of my account.....meeting delayed a month :(.....Repeat cycle....FOOLISHILY ended up with 80% of my account in KBLB and still waiting for the BIG ONE. Finally came to my senses last week and liquidated KBLB at a 20% loss.
If the BIG ONE comes, I don't expect it for a few more months. Thompson at Atlanta show makes me belief no contracts presently in the works. Although I'm not a business man, I have sufficient corporate experience to know it takes time for two parties to come to agreement in such matters. So....in the mean time I'll keep my eye out for the BIG ONE and then jump in.
Presently have 0% KBLB and sleeping well.
Good bye for now.
Sold out all my position of KBLB this week and will patiently wait for the 'big announcement' of commercial deal.
I don't like how 'investors' don't seem to be 'drawn in' despite the 'lab announcements' throughout last Fall/this Spring. Seems like 'boy crying wolf'......Some on board have wisely asked 'when with Mr Thompson announce how the new lab will be funded?'
In my opinion and fear....it's a race between more dilution for funding or announcement for commercialization.
Presence at Trade show makes me think theres no big deal presently in the works. Legally, will take months to work out the paperwork prior to any announcement. In meantime, taking my money back to S&P500. See you all.
What's the likelihood that last weeks trade show appearance will
help the PPS this week?
I'm a bit bewildered....A year ago, the PPS was double its present PPS....Despite the published the lab achievements since last April, PPS weak. I can't help but think that w/o commercialization announcement, future announcements of lab sucesses aren't going to drive PPS up much.
Igotthemojo....Thank you.
Yes, I wish DUPONT or 3M would paid $1 a share for this earth shattering technology. However, it's reassuring to see ones like you who appreciate the today's reality and don't loose focus on the fact this is a pennystock like thousands others. I'm here to make a profit, not to wait around for 'the big one'. I wish this coming week gives me the opportunity. However, Kim's past two 'performances' failing to come through, could damper any pre CC run up. We'll see.