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What’s the bottom line: nearly a double since then... buy the rumor... buy the news. Even if the news is half as good as the rumor it will send the share price soaring.
Posted April 16th (edited for updates etc.):
You want assurances that the worms are out of quarantine. Well, when you actually get that, you are talking about a blow through your dime ... perhaps if another news is with it you have opening ask over that dime.
Rumor:
What you do have is rumor that Ben offered off topic to him that the Prodigy employees were in the VSRC managing the process not the government.
- Update: Ben confirmed in email response
Rumor:
Some claim further progress in Vietnam than known on this board.
Someone believing good news by end of June claiming to know something more about Texas production than we do.
Someone claims further progress on US than known and more certainty about Army relationship than given credit.
- Update: Polartec partnership announcement
Facts:
We have evidence of Quang Nam authorities pre planning a ramp up in Mulberry tree planting and production with increasing hectares in an exponential manner since 2017 to 2022.
Don’t know the Army processes in terms of timeline but I just think they may stretch for this if it were realistic for KBLB to achieve. If my Dad were alive, I might ask him to query his contacts. He worked for a division of DARCOM for most of his career.
Congrats to Banana for making 10,000 land! High altitude for sure!
I’m sure you will gladly be wrong on this. Correct?
Ok, Dimes. I appreciate your input. ... did you get my May 31st prediction for $.84? Thanks.
Also, why aren’t you correcting SUNYN75? He brought it up.
#152524
You did catch that it was post from March 8th reposted. It’s was a little more on the foretelling side back then. I got pasted by disbelievers when I said it. ...
Agreed, Banana! I had posted something else besides. ...
There is bias both ways. Consider the bull case. Consider the bear case.
Yes, let’s not do that. If it happens, okay that should be lesson learned for them. Hopefully. :)
March 8th actually...
hopeabides Friday, 03/08/19 03:08:24 AM
Re: Col317 post# 150028 0
Post # 150039 of 152535
Hey, Col, if you read the latest article that AMOTE1 posted, you’ll see highlighted the last paragraph. I think that is pretty straight forward to. ... just putting 2 and 2 together. Looks to me like there is more progress than some have speculated. They are probably working under wraps with the Army until they get the all clear.
I kind of wish I had the nerve to ‘bet the farm’ so to speak. It is starting to really feel like an absolute no brainer. I guess we can wait and chase it a little assuming we can still catch it early.
“Later this summer, the Ballistic Combat Shirt will be delivered.”
When I suggested the possibility of this being Kraig Labs’ delivery back in February, I got hammered on this board. ... now, it’s not so implausible?
I won’t speculate on the product. I don’t know how it would be arranged either. ... it’s just putting 2 and 2 together.
Longs think by end of Q2 at latest. ... probably between Monday, April 29th and when 10-Q comes in mid-May. PRs don’t typically come on Friday and do typically come in the morning. ... News will probably be Vietnam production update and or new contract from the Army to produce through the Polartec partnership arrangement.
Short answer is ‘no’.
Here is what you need to know:
1) The market potential is huge.
2) Army contract in 2016
3) Entry to Vietnam 2018
4) Pre-planning by Vietnam's government in Quang Nam (where Kraig Labs’ subsidiary, Prodigy Textiles is located) for mass production to revive the sericulture infrastructure with exponential growth in hectares of mulberry trees
http://english.quangnam.gov.vn/CMSPages/BaiViet/Default.aspx?IDBaiViet=5575
5) Kraig Labs genetically modified silkworms land in Vietnam early December
6) Foreign investor group (believe to be led by the head of KBLB's sub in Vietnam) financing to kick off for mass production - March 2019
7) Notre Dame triples their stake in KBLB along with a ringing endorsement in their belief in KBLB’s soon coming mass production - March 2019
8) Polartec - last week gives joint announcement with Kraig Labs of partnership (which has been ongoing since 2016 - see Army contract 2016 and check their website for customer - US military)
See this video: a drop in replacement for existing process of making silk:
https://www.bing.com/videos/search?q=kraig+biocraft+laboratories&&view=detail&mid=8FE415A70C0B47DDD6848FE415A70C0B47DDD684&&FORM=VRDGAR
Brilliant! The shorts are doing the long’s bidding ... more covering to come.
What is interesting to me is the placement of that ‘going concern’ statement is about to be a non issue.. as it will disappear from the next 10-k. ... And I have a feel all this chatter will be gone too. But, then, again, I guess it could move to some other ‘boogie man’ infinitum ad nauseam.
Banana, did you notice that you are closing in on 10,000 ... perhaps will push Truth for 1st.. :-o
Hi Dimes,
I moved my prediction up from .21 to .40 and from June 30 to April 29. Not sure if this prediction needs to pass first but I see news less likely this week and so I am not sure 1 day will would make that big of a run. So, if I could I would like to move my prediction out again but not as far this time. I’ll take .84 by May 31st. I am basing that on Bolt Threads’ $700m valuation on just a maybe. When it is disclosed that we are actually mass producing, that valuation is a good place to start with. I think it has to come out before the 10-Q and be given some time run up there.
https://www.google.com/amp/s/www.forbes.com/sites/amyfeldman/2018/08/14/clothes-from-a-petri-dish-700-million-bolt-threads-may-have-cracked-the-code-on-spider-silk/amp/
Hi Dragon, this is a good thesis for your range bound action continuing between .09 and .12 without news. But, I don’t see that the PR will be delayed for long enough to generate the low end or push the boundary to .085. Also, I think there is still bullish momentum in the stock that may have it break the higher end with a potential push to .15 or even .20 without news. I didn’t like the failure at .12 yesterday though. So, you could be right. We will see.
I think I get your hold pat position a little more. You got all you want below .05 and you are content to leave it at that. ... I have a small % of my bagholder shares at .12 and .15 and played off my .09s and .10s last Wednesday. Once we clear $.30 then it won’t look as interesting to work on repositioning. Some of that depends on news and the steepness of the spike. I may try to time the top or at least work off the 1st pull back selling on the 2nd move that day. I have moved up some of my target sales for short term.
What was his pattern? ... Earlier in the morning than 9 am Eastern... yes. But never on a Wednesday?
Hi Banana, I know I can be .... anal with facts. Apologies in advance. The high made last Wednesday is .139. It was off a quick spike. We are fine. Bulls are in control here.
As for KT this or that, Gimme wants that second PR to get us closer to where we should be. Maybe, he is trying to goad it out of Kim. .. assuming any of this board talk ever reaches his ears.
The Buck stops with Kim for good or bad. I think for good in the short and long term now ... really since Spring 2018. The rest .. the past (blame games) doesn’t matter. Kblb is launching now but just barely off the launch pad. Enjoy the ride! We may need some g-force training!
I never said ‘open at .50’ ... I said the next news could have the ask above .15 at the open. Short of a buyout... I would think there would be plenty of room to chase the news. ... I guess it ultimately lies in remaining disciplined to my intentions for my shares. ... 60% LT and 40% tradeable ... tradeable for what I believe is a good price to buy low and a good price to sell high. ... that in fact may be at .20 or .25 or .50 or $1. The intention between .09 and .25 is to perhaps gain more shares. If news comes that is extremely bullish, that means buying up but maybe not over .15 ... If there, I may just hold and see how the actions goes at .20 and .25 and so on. So, I could be theoretically in your camp. I haven’t sold any of my holdings since .108 and .118 on Wednesday which was 4%. Earlier in that day, I bought more shares much lower. And, since I have bought back lower all but 1%. I can live with that.
Jakito, you are technically right about .085. But, would guess we have had our double bottom at yesterday’s open. ... unless an extended delay on news. Maybe put your limits in low .10s and .09s ... but, if news comes, assess the news ... but, most likely, it is a chase the news event as much as you can from the gun (open) same as last Wednesday.
There are a couple reasons to trade with a parabolic move potentially staring one in the face. First, you got way more shares than you ever intended to initially have ... to one potentially reposition and take some small profits. I am only talking about a small % of the overall holdings like less than 5%. The other is to eventually clear all the bigger lot orders out when we do get another move for one of two reasons... (1) you are pulling out your initial investment and are free to ‘play with the houses money’ (2) you do get a sizable pull back but the LT story is still intact so you can add back those shares you sold high and maybe a little more but still keep some of the profits.
You are right that volume levels make it more difficult.
So, you got your dime. ... at least on paper and almost two pennies besides... so, you have new target? Any thoughts of when to even lighten up a little?
I’d love the caveat if a PR comes this week.. but I will definitely up it to $.40 by June 30th otherwise. So, you changed your name. :) ... I guess it will be happening again soon enough. .... Dollars. :)
You make good points. IMO, buy the rumor and buy the news even more.
Yeah. The longer it goes, the less likely it is for this week. And, imo, Friday is close to 0% chance.
Not everyone reads this board or is clued in. I have two friends that I talked into buying this. One is a short term trader. He can seem to bring himself to hold it. He bought and sold twice. The second time he sold Wednesday morning at 8 cents because he couldn’t envision it going higher. Now he knows he made a mistake selling but wants to either buy at 9 cents or wait for news and chase. He can’t bare to see a big lose position in it. He said he had a penny stock go south on him before is why. The other makes really good money as a high level employee. He realizes he bought too little and wants to add a little each paycheck like he does his 401k. Cost average up I guess with small dollars.
So, I guess I didn’t do a tremendous job convincing them.
Pennies,
I want change my prediction if that’s okay. I think Col317 has .75 by April 30th. I’ll take .40 by April 29th. Let me know if it works within the parameters of the game. Thx!
Yes! I know. I have been going at it with him for 6 months. He usually just leaves me with an lol as he has a great sense of humor and a way with words. On this one, I just think he should concede that he has been a little off in the quarantine thinking that he and several have bought into here. Ben’s letter says as much. So, it has to come in the PR and be thoroughly explained to satisfy every mind.. okay ... the letter is more than enough for me ... as I had already figured it out ... just confirmation.
Do you really need a PR to spell it out for you? Don’t be so dense. I guess it doesn’t matter if you are simply holding (not buying or selling no matter what info comes to you).
Exactly, Banana. You have to do all or none or face getting some small fill. The only exception is when I am willing to take the Ask and see more than enough shares offered there.
Yeah, I will be watching closely the price action after the next PR because the next PR could get your .50 without a blink ... well before July. I just have a feeling the next one is biggest one yet.
Thanks, Col317. Interesting. I can’t to see what it is after the next PR. Wow! Some brave ones if they hold over night.
I hear you, Banana! Call it human nature. If everyone saw it, like we do the share price would already be in the $x.xxs or at least above .50 as is your July prediction. I bought 1% today. Had to chase as my All or none order didn’t fill at the open at .092. Probably too little taken there and .091. Will have about 2.5% more tomorrow that I can add but running out of cash for buying. Have another 7% I could potentially move but it would take a week.
Yes, Banana! Es1 rocks as an estimator of share price movements and knows what’s up! And Yankee rules! Believe everything Yankee says. He isn’t guessing.
You are right. It will come. Hope I didn’t upset you. I’m enthusiastic... really since last Spring. I had seen this board years ago as I am LT since 2011. But, Spring 2018 started reading here once PRs on Vietnam started coming. So, then started posting just last Fall and am clearly addicted to this Board. I love Truth (who often has said ‘curb your enthusiasm’)!!! But, I think we can start to amp up our enthusiasm. I think the next PR will be even more telling than the last.
Yeah, I like having the skeptics here now. :) One thing I am not hearing is ‘the market has spoken’ or any calls for those .05s. Here is my call ... one that can only be disproven before a buyout. We will never again see the .05s. Also single digits are in the rear view mirror with the next PR for sure. Book it.
It did push up to the highs from when he said that. It just failed to break them and closed down a little. Still the push was made.