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… when the narrative has been lost? .. JR in BBC Earth video “.. heart valves ..” see you at a $1+ …
You know that’s not true. You had some go long term that you bought in 2018 that you sold I think at the end of 2019. .. This recent play is also months long and May go long term (1 year) for you.
Yes, there is. Of that, we can be sure.
Any predictions on how the run goes?
Makes sense. .. I trade around my core using lot selection. In that way, I can sell only the lots that are profitable.
I am still holding a lot of .06-.095. I sold a very little for profit around 8 1/2 and would buy them back and more in the low .07 if we got there again.
Granted but they have had plenty of time already .. if they are building out operations and have breakthrough things developed like heart values already prototyped and ready for production, then we aren’t asking for much longer to actually make their grand reveal .. Big boy buyout offers should be flooding Kim’s desk. .. no need for another 10 years to build the whole enterprise out .. JMO .. probably take some buyout offer in the billion that let’s Kim start up another lab company if he wants or a cushy seat on the BOD whatever suites Kim’s fancy. We’ll see. .. again JMO but too many things can go wrong if you pass on multiple multi-billion dollar buyout offers.
In my book, Rice is a great hire. I think you soured on Rice after Jan 2020 announced failed first run. I don’t know all the circumstancess but I wouldn’t put that on Rice. Rice has a determination to succeed that I think is a steady force that will see KBL to the finish line. We know that passion isn’t as much in Kim but he hired the right person and delegated appropriately. He would do well to add a CEO to the mix with more experience .. probably one willing to live in Vietnam for the next year or already lives there that has stronger experience in the whole sericulture mundane silk world than aka Stan aka Bruce Le. Just a thought. But, expansion time maybe for the US with medical supply .. don’t know if they can get around what the silkworms eat yet though so maybe not. Infrastructure can be fixed if profit margins are big enough. We’ll see.
So, many possibilities .. a huge run up and an even bigger premium buyout is the best way in my view. I think most of the long timers would prefer it. Isn’t Kim 60? Time to retire and enjoy the Billionaire status on a beach.
Kim has made mistakes. He isn’t slow and stupid but I’m quite sure he could hire a CEO twice as good for half his salary. I say that because Kim does make good hires and delegates and empowers them to succeed. .. But, we have what we have I guess because he isn’t willing to lose control of the CEO position or doesn’t trust anyone enough to relinquish it. Oh well.
I hear ya. It’s just if a I disconnect from the stock completely I’m not sure I would have had the best foresight and patience to know when to buy back in .. plus this stock has the potential to double or more at an opening which could be missed. So, it’s easier to manage the profit taking from a position of being in the stock to some level and follow the PR and board to be more engaged in the whole process. That has worked for me at least with KBLB .. not as good at it as Es1 but still that is my attempt to manage it so.
We both agree now is not the time to out of the stock looking for a lower sp.
It’s symbolic .. a type and shadow .. not actual. I put my faith in a chair to sit down. .. There are a lot of things we put our faith in to a degree. But, what counts ultimately for where you put your faith in the end? .. Certainly not Kim and KBL. That would be the biggest mistake of all.
I changed from hope to faith based on a written contract to produce. When they are actually fulfilling and delivering on the contract, I will change it to love. … that’s the fulfillment of what was promised in written form. God willing they will reach their goal so I can change the name. I am ultimately trusting God for that not Kim and if they don’t reach the goal, well, I will still be trusting God .. not Santa Claus like some disappointed kids in their parents at Christmas. Real faith goes much higher than trusting in a sky fairy for what we want.
That would be the case for someone that hadn’t chosen to at least trade around their core in a ‘judicious manner’. Afterall, the CEO himself encouraged profit taking saying that ‘no one should have 1/2 their net worth in this stock’ back in 2019’s shareholders meeting. Boy was he right. Sound advice .. make your own Christmas and sell for profit at the times that you have it and especially when it is in abundance like above 40 cents.
Kim is not God and KBL is not Heaven. I’m not putting my full trust in Kim or KBL. … The whole company could be wiped off the map or set back severely again with the occurrence of many different things (as we saw from just one thing .. covid) To do so would idolatry. I will trade around my core … thx!
I’ve been through that stage. .. I’m over it. I’m no Kim apologist. Anyone that reads my posts would know. Kim should have replaced himself as CEO a long time ago.
IMO, we have to be forward looking here to 2022. That’s I believe the best approach. We should all know the potential by now or we wouldn’t be here. Time to see it actualized. I’m quite confident that I will be changing my ID in 2022.
All the best, Gimme, and have a Merry Christmas!
Ouch. .. sort of .. I don’t think all motive can be known here .. loyalty isn’t to Kim or KBL in determining greed .. loyalty is between God and mammon for determining greed. My motives are to be a blessing with what monies that I am graced with in trading around the core AND when this investment comes to a complete end .. which should be a buyout in my view.
Yeah, I guess that’s too altruistic for me. I have to be in some mix of the two at least. You and Banana can be our saints.
I think you mean ‘letter’ to shareholders .. yeah, I said the same thing .. he is careful not to talk about anything that might be short term in those .. so it’s either a nothing burger or goes down.
You could be right.. I’ll buy more in .07s .. .06s .. .05s lols .. keep that cost average working lower … I like cheapies.
Just curious.. is the monthly chart also meaningful? Asking for a friend ..
Yeah, we’ll see. I’m fine either way .. for the mid and long term are GREEN as Bermuda grass from here.
Hey Banana,
For the long term view .. and even mid-term, everything is PURE GOLD for the holder of KBLB. Kim said as much. But, he deliberately left out the possible short term and very short term. So, then, we have to guess where this will go in the shorter term sphere. There IS a massive market crash coming still. It will be close to March 2020. KBLB will have its swings too here .. but maybe 6 and 7 is out of play now. .. I think so. I feel like we will need nerves of steel in 2022 for KBLB for the greater temptation to sell too soon .. it’s easy for you because you have already determined to not sell and wait for the BO.
Well said.
That’s a good take. Sound reasoning.
I agree with just about all. I’m irked though that he must be oblivious to the fact the letters he puts out only have a negative effect. Yes, I dare someone to show me a letter to shareholders that had a positive effect.
Valentines Day present? .. Another year until Christmas is a really long wait..
Aaaaaw .30 .. now that would have been a nice Christmas present. Maybe next year.
I think banana is right.
Heart valves?
Long story.. But, I’m just tired. I think a complete break would be nice for awhile .. if the sp pulled back down as it is prone to do. It’s fine.. then I can play again. I don’t really know how high it will go so gradually selling out on a mega spike will make me a multi-millionaire or close .. that’s the most I wanted out of this since I got in heavy in 2018. .. 2011-2018 was a period where I barely looked at it or gave it much thought as the investment was quite low.
With this next skyrocket, there won’t be much of any trading around the core … a break of .35 will generate sell of a 1/3 to $.50 and another 1/3 from $.70-$1.30 and then probably done and waiting for a BO … if I can tell that market has gotten ahead of fundamentals.. then I will sell out the last 1/3 too and only play with the equivalent of 1/3 on a 50% or more pullback from where the last 1/3 was sold (if it ever pullback that much .. we’ll see) .. too much pain the past two years. Time to more fully harvest the investment and not put it back in. .. I’ll be happy to pay the tax man .. np.
Done! .102 close .. didn’t even think about selling off below .10 … yeah! Let’s get this party started!!!
That was easy!!! SOOOOOOO little resistance!!!!!!!
Jon said at the 2019 shareholders meeting that he got more pleasure from proving people wrong (the ones that said it couldn’t be done) from his prior job (where he was the 3rd hire in alternative energy startup that got bought out after proving success) than anything he had done. JMO, but I guess Jon is very, very pleased right now!
Jon is the Smurf killer!
“the medical supply company” .. I think it is all in Milliken. They purchased Andover around the time of Polartec.
Was just guessing a couple years ago.
JMO but I think John dropped it that way for the people that do believe .. and a middle finger to those that don’t. We’ll see.
Hey, I hear those Holiday Inn Expresses give people unbelievable intuition! But, I’m thinking that’s just an advertising ploy.
What?!? Not a soul is selling their shares today. .. buy to cover … BUY TO COVER, phantom shorties!!!
I don’t think we would open like that .. I wonder if they would do the same ‘late morning’ joint PR right before the open like they did with Polartec. If so, I could add at the open the last bit that I want. If not, I hope a sleep in up to the peak for the day .. so then I can be trimming at the right spot.