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if kim announced a press conference a week from now, we would be at ATH before it happens...
you seem to live in constant fear of pain, wolves, the unknown etc...
heres an old saying for you....
cowards die a thousand deaths...the brave die but once...
grow a pair...
"I grabbed a few hundred k more shares today."
like taking candy from a baby...is there anyone who doesnt think that the pps wont get back to .15 and beyond??..
i mean other than the usual tards who, for some unknown reason, seem to revel in constantly being wrong...
This is the retracement I was hoping for…I gave up and thought it wasn’t going to happen…I didn’t think it would happen on a pr day…
Kblb isn’t behaving like it used too…it’s different now with new investors and traders and the higher volume…
I was hoping for a drop to .10 but began thinking it wasn’t going to happen…this was a perfect retracement…it dropped enough and to a level that was solid support as well as a huge psychological support number…
The drop to .092 was a little disconcerting…but, stuff happens…the main thing is .10 held…not only that but the last few hours were just consolidation…
I will go out on a limb and say tomorrow will be more consolidation…a little lower and a little higher throughout the day but ending at .10 or maybe .11… I expect Fri to be an up day…next week will be a slow rise until news…unless there’s news on Mon…
I know it seems like today was a bad day…but I don’t see it that way…I think it was a great day…a day that needed to happen..
“it appears that multiple blocks of more than a million shares were traded. One block looks like 3 million.”
I wasn’t paying close attention to the trading today…post a link to the site that shows million block shares traded..
“Not sure what gap you thought would be filled? ”
Seriously?…are you truly that uninformed?…well, alrighty then…no sense discussing it since you have no clue…
yup...no shame at all...
"It even says so in the title of the PR"
i hate to break it to you, but there was a lot more to that pr than just the title...
but i know why you dont want to delve into it any further than the title...i wont say you'd be ashamed, because its clear that you have no shame...
Nope…not trading this yet…the vast majority of my shares have been held over a year…this is more of a long term hold for me…
I’ll probably trade a few shares just to increase my position…not looking to cash out yet…
Not even close..
“I consider it unlikely because of the emphasis Thompson has placed on Bam 1 being the ‘centerpiece’ of the Spring trials”
That has nothing to do with ongoing production…
“and because no mention whatsoever of continuing production.”
He has indicated there is continuing production…he has stated that he is focused on near term production…he said he is “phasing out” DS…if DS isn’t in production, then you just replace it…you don’t need to “phase” it out…and he made 25 kilos in Dec…you think he just stopped?…why would he?…
“It would have cost nothing for Thompson to add “Until the conclusion of the Spring trials, the existing hybrids will be used for interim silk production.””
That will be in another whole set of pr’s to come…
“it seems clear that Thompson believes the future belongs to Bam 1 and the quad hybrid lines.”
Of course it does…there’s no reason to speculate…kim said it point blank…that’s why it will be “phased in” and DS will be “phased out”…
“For those reasons, I don’t think KBLB is producing silk now.”
And once again, you will be proven wrong…
“I will be happy to be proven wrong on this conclusion.”
Never saw anyone so happy to be proven so consistently wrong…lol
“A PR about an intention to file an application doesn’t trigger my ‘news-o-meter.’ It’s a bit of fluff.”
Imo, That wasn’t the news…
“I don’t expect a buck by June”
You didn’t expect a pr for weeks and got one the next day…
“but will be very happy if we get there”
No kidding… so will everyone…
“Production won’t begin in earnest until the Bam1 eggs have been shipped to Vietnam”
Production is ongoing….BAM1 can take its sweet time…has no effect on ongoing production…
“ News tomorrow is doubtful.”
It’s 50-50…
“ It may be a few weeks before we hear from Thompson again.”
Now THAT is doubtful…
“ It’s going to be a while before we hear news about production”
It’s going to be a whole lot sooner than you think…
“ Before then, Thompson will try to release his progress reports as judiciously as he can to sustain interest and momentum.”
I believe kim wants the pps to hit at least .20 before releasing any big news….he’s looking for a new ath BEFORE he releases production news…
“ It looks like I was correct again! ”
You mean after 3 weeks of a constant rise in the pps of 500%, you called for the pps to plummet?…I called for a retracement…
I was right and you were, ONCE AGAIN, DEAD WRONG…
Your prediction that Kblb would be sub-penny by now is also DEAD WRONG…
Your insistence that kim would be diluting hundreds of millions of shares by now, is also DEAD WRONG…
Your prediction that Kblb would never produce more than a thimble full of product is also DEAD WRONG…
you got lucky imo...im not ready to trade this stock yet...we basically lost yesterdays gains...we really havent had any down days in a few weeks...we were due...
with news tomorrow we will fill the gap...even if kim pr's that he bought new shoes, we will fill the gap...lol
"But where's our fluffy Tueaday PR? "
we havent had any...
" chart looks ugly today."
looks good to me...
Manchin would have had very little support from anyone...he held congress hostage while annointing himself the king of the IRA bill which he fashioned into whatever he wanted it to be be...congress had little choice but to vote for it...
but the now the IRA bill has been held hostage for years while congress sees to it that it gets what it wanted in the first place as they pick it apart little by little using policy, rules and rulings...
manchin is not happy about it but i dont know what he thought was going to happen?...he thought he would triumph over congress?..lol
manchin made it diffcult for congress to feed at the trough...they are used to getting fed first...which is what they are currently doing...they know if trump gets elected, that whole IRA bill is toast...which is fine with them, now that they have gotten fat off of it...
nice pullback...much needed...technicals resetting...
we had a lot of shares bought in the last few weeks...not all had the conviction needed in kblb...
lot of shares leaving weak hands and going into stronger hands...
its all good...
"You’re just another arrogant keyboard Rambo mojo who I guarantee would NEVER say the shit you spew to a grown man’s face."
if you only knew...lol
"Pretty much what I expected from you"
because its exactly what you deserve and you know it...you reap what you sow dumbass..
" I know there’s some here that won’t except someone like me saying he got it wrong."
its not getting it wrong that was the problem...maybe it was telling shareholders on a daily basis that they were all idiots and gullible for holding onto a scam stock run by a crook...and maybe it was just generally being an insufferable prick that was the real problem...
"In 2022, China produced 55% of the world’s supply of silk. India produced 40%. The rest of the world only made 5%."
this sounds highly inaccurate...China produces more than that...
"The market cap for such a company would not be terribly impressive."
lol...the market cap would be enormous...
"You don’t have to care about China. Others may wish to keep an eye on developments there. There are certainly reasons for concern. Dismissing one’s competitors is the best way to make sure you are blindsided by their actions."
as i stated, China will be the 800lb gorilla...they will eventually dominate....but until then, kblb will supply 100% of the worlds spider silk...and kblb will be bought out before china becomes much of a concern...they will be a problem for someone, but it wont be kblb investors...
"One of the only worries in the back of my mind is the security of the IP from not only China but also Vietnam itself."
im not too concerned with China anymore...as long as we will soon mass produce and sell spider silk, China is of little concern...i think China will have spider silk eventually...imo, thats a given...whether they figure it out on their own or whether they steal it matters little anymore...at some point, China will be the 800lb gorilla in spider silk...theres no getting around that...
i believe at some point kblb will be bought out and then China will be someone else's problem and none of my concern...as for Vietnam, something tells me that they are already quite familiar with the entire process of how to make spider silk...could be they may not yet know the secret sauce, but i think that Vietnam will be THE country when it comes to DS...there will come a time when thats all they will do...i think kim will keep pure spider silk for himself and the US will be the country for that...
i dont believe theres anything that China can do or say that will keep this stock from hitting 5 or 10 bucks or wherever it will go before its bought out...and like i said, after that, what happens is no concern of mine...
"Now we’ve worked our way all the way back to “doesn’t matter what KBLB does, China will just steal it and do it cheaper”."
this was true and was a concern of mine...but china is no longer the biggest economy...the USA is...China is where all the cheap labor is and is where many companies in the US turned to in order to reduce costs...but they are now discovering that there are other costs involved when you become reliant on a communist country...especially when that country's economy starts having difficuties...
before the Ukraine war, Europe depended heavily on Russian oil...they no longer do...in fact, they no longer really need Russian oil...
the same will happen with China...that, and the fact that the US military absolutely does not want to rely on china for the things they need and will insist that their supply chain remain solely in the US, made me look at the China situation differently...
imo, even if the military were to be our only customer, kblb could do fabulously...so whats to worry about from China?...
and in addition, ill add that although China is the worlds biggest supplier of mundane silk, it is by no means the only...there are many countries that also produce and sell silk profitably...
the conclusion is that China cannot supply all that the world needs...and it will not supply all the spider silk that the world needs...
" Mojo was the lead basher for years"
i ALWAYS stated that i liked the idea and the tech...i thought that kblb had a chance at success in spite of kim...and while many praised kim's penchant for penny pinching, i argued that kblb would never get anywhere that way...for over a decade i said that kblb was a trading stock and not a stock to hold for the long term...but i NEVER called the company a scam or kim a crook...
it wasnt until the yorkville deal where kim decided to get his hands on millions of dollars that i started to turn somewhat positive...that told me he was finally taking his job and the company serious...and when he started hiring experts to assist with commercialization, i saw that kim was FINALLY doing the right things...taking the steps that were always needed...and i didnt mind saying that that i was now drinking the kool aid...
when i was negative on the company, i didnt own shares and didnt hesitate to say that it was not a hold...but when i started to turn postive, i didnt hesitate to say that i was holding shares...and buying...
you were positive when there was no reason to be...and when the time came to be positive, you turned negative...lol...even now, when you see with your own eyes that it is happening for kblb, you still want to hedge your bets...you are hesitant...
QUIT WHINING AND DRINK THE GDAM KOOL AID!...its delicious...
" what is the correct time period for spring in Vietnam?"
i dont think it really matters...i think kim used it as general time frame or period...
kblb does not have to WAIT for spring....prodigy is year round...so is Lam Dong...and HCMC where GSS is located is probably year round or close to it...the pilot that was run at GSS began in December...
so clearly, its not like kblb has to WAIT for spring at any of their locations...it was just a general time frame...
The broker can restrict trading or stop dealing in a stock or otc stocks or whatever….but they cannot refuse to allow you to liquidate the shares in your account…
They can change their policy on which stocks they are willing to allow to be bought and sold, but it’s not like they are now incapable of doing so…they simply no longer wish too…
But they MUST allow the liquidation of shares that were already owned prior to their change in policy…
I would speak to someone in authority at the bank or directly with the broker…
In the Dec 22nd letter, kim said the second strain would be homozygous within 2 generations…but who knows how long they had been at it…
I remember dimes saying that the second strain would take many months, if ever…I think he said the worms had to be introduced to each other, then there had to be a month long courtship, then a rose had to be given to the likely candidates….apparently it was a whole process…
good stuff...word is getting out...
im sure there are plenty of people who see whats being said and hesitate because its progress but not success...but hopefully, enough will put kblb on their radar...
"He acted like webby many years ago"
you mean i was negative when the company didnt have its shit together?...ya damn skippy i was...
you mean now that the company seems to have its shit together, im much more positive....ya damn skippy i am...
aint that how its supposed to be?...
" Goes back to that PT thing we discussed before."
i have no idea what the "PT thing" is...what we are talking about is what is was going on today...
you must be female...only a female would go off for no reason and then blame the guy because it all has to do with something that happened 6 weeks ago...
"I hope you don’t do your own taxes. M4N welcomes you to the moron club."
i simply disagreed with you and explained why....i dont see why that would provoke an attack...but since it did, GFY...
"Just because the average price you paid for your shares is lower than the current stock price doesn’t mean that you all of a sudden aren’t losing money on the shares you bought above the current stock price"
when the conversation was specifically about averaging down, THATS EXACTLY WHAT IT MEANS....dumbass
“ He did not use the word average, now did he? ”
He didn’t have too…that’s what the conversation was about…
The original poster said it’s the fault of those who held without averaging down and lowering their cost basis…
Jellymac said the cost basis couldn’t be lowered…
And that is just flat wrong…
you know that your cost base can increase...right?
the news hasnt spread that far...i agree there are those who know and they are recommending this stock...the Indian consultants im sure are letting people know...Wee and those in Singapore, the same...
but the volume isnt that big to say anything is happening fast or there is a lot of loading...
its certainly good volume...for kblb...and the pps is rising...both good things...but in order for the technicals to no longer matter, or to be more of a longer term issue than short term, there is going to have to be a whole lot more volume...and i think it may come...but it aint here yet...
"The share price was above 10 cents for over 2 years (between Apr 2019 and Jun 2021). Anybody who bought shares then is in the red."
anyone who bought shares at .10 would have sold long ago...and those who didnt and held on, likely added shares at much lower prices...
you think investors are all stupid...i dont...
i think only a few are...and we see them here whining still...
its ludicrous for anyone to post here for years, having never owned a share...and its stupid to see what is CLEARLY happening here and not buy in...
I’m hoping to see more correction in the coming days…I think todays low is a hint on where that correction may go…
Then we can continue on up again…
I imagine everyone who sold out in the last few years, did so at a substantial loss…
And those who did and are still here whining and moaning have GOT to be feeling mighty stupid right about now…
Great news…just what everyone needs…
A brand new expensive vehicle that you can’t fuel up anywhere in the country…
I’ll take two!…
Lol
ALL long term investors should be in the green by now…