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Funny. ... Jon Rice rocks!
Mr. Rice has over 13 years’ experience growing development stage businesses with a focus on technology development, commercialization, and go to market strategies. Mr. Rice holds a B.S. in Chemical engineering from Michigan Technological University.
Prior to joining Kraig Biocraft Laboratories Mr. Rice was the Director of Advanced Technologies for Ultra Electronics, AMI. In this role, Mr. Rice was responsible for the identification, capture, and execution of new technology programs. During his tenure with AMI, Rice secured more than twenty five million dollars in funded development programs from the US Department of Defense which his team successfully leveraged into commercially viable spinoff products. Mr. Rice was also responsible for technical sales, marketing, and promotion of AMI’s products and capabilities. Rice joined AMI as the third full time employee and helped to lead the organization through its rapid growth and ultimate acquisition by Ultra Electronics in 2011.
Earlier in his career Mr. Rice developed unique advanced manufacturing techniques, established and trained a production staff, led engineering development, authored numerous technical papers, and is a recognized subject matter expert. Mr. Rice holds 5 issued patents and numerous provisional patents.
Mr. Rice brings a history of transforming revolutionary ideas into viable commercial products.
Best we will do today is hold .07. Tomorrow will be interesting. ... I think there is high anticipation of a coming Monday morning PR.
He did. His name is Jon Rice.
Yeah, at moment, looks like more sellers than buyers. That window didn’t stay open. Some seller put out a big ask. Looks like will take news to close above and hold above. Unless the sell order is lifted or enough buyers step in. This is the battle ground for bigger players.
The earlier news and anticipation of more good news is carrying the mojo!!!
Just did! Didn’t look too hard either. And not much immediate resistance.
Well, I said that we need to see trading above $.071. Your assumption based on past performance it can’t won’t break through to trade above. ... but, I don’t know... what if someone big buyer starts buying...( much like what brought us through .06)? I don’t think I would dismiss the possibility when there are clearly positive superfluous news popping up (just look at a couple on this board earlier today). The buyers or a buyer may overcome the resistance. All you have to do is buy more than the sellers. I don’t think a PR has to come for that. We’ll see. ... and I do think we can make.085 no problem if that wall falls.
It’s nice, Banana. I think .071 is the real resistance level. At least, that is what we saw at end of last Summer. Back then, there was heavy buy at .07 and some at .071. I would look for buying above .071 to clear this hurdle. If bid is .072 or higher, that’s a really good sign to see .085 w/o news and or .10 w/ news.
Looks like someone bought at .07 in the after market.
Last Price x Size / Exch
0.07
+0.0015 (+2.16%)
Neither. But, close on both. ... did anyone see what the number of shares asked for at .07 was? Every time I looked.0699 was in the way.
Es1, when you say ‘prototype’, you mean some piece of apparel? ... If so, I don’t think that’s the end game at least for Vietnam. I think it will be used as a straight up replacement of silk in Vietnam for everything or just about everything they produce there. The fiber itself is the product for KBLB. That’s the mass production that is about to occur. ... I suppose if they did show a prototype for the Army that would move the sp also ... not sure about a quarter though.
Well said! I think uncharted too above $.10. There is just no good feel as to how strong the moves can be in either direction with real substantive news. I couldn’t take the hold forever approach on the strong pull backs without having the initial investment off the table. Unfortunately for me, I didn’t buy and hold with both fists under $.02. I had the inclination but I didn’t buy nearly as much as I wanted. And then sold some after a double. But, I was okay with it the hole way too because I didn’t have much committed all that time and saw the huge potential if they figured it out. So my cost basis is higher but still green. Just a bag holder for 75K at .10-.15. Only 10k at .15 and the rest is .10-.12. I guess I had a shot to clear that 65K in 2013 but missed it. Won’t happen again. I’ll make sure to get all green and should stay that way this time.
A few thoughts from looking at past moves in the charts:
We haven’t seen this kind of build since 2013. 2016 was more of a spike to .10. Looks like it loves this area as basing point as the move in 2010 even had this as brief pit stop before launching to the all-time high of .264. Then, it based here again before the move in 2011 to .22. But, 2013 shows the most similar basing where it launched from the .03s to base here for a while before moving to around .14 before coming back to base again around .06 before taking some stabs at .10 and failing and ultimately failing .06 which led to going steadily lower until 2016 Army contract.
I do agree though es1. This one could be quite different from those because the fundamentals will be very different. Still, I think we can see some significant pull backs from overbought conditions and possibly some delays between updates on progress or concerns over hiccups in production. I think they have proof of scale this year and some measure of scale and validation with contracts. Your thesis is plausible to be sure.
Love this quote:
“It’s the classic “asymmetric trade”—where the potential payoff so far outweighs the risk that it can make overnight millionaires.”
Please! Tag it. ... Then let us revisit in 11 months.
This year will be the end of skepticism about the viability of KBLB ... the stock will still have spikes and pull backs to be sure, etc. ... but, no one will be able to say this is a shell company or some fake scheme to lure suckers in. I believe we will see the end to a single digit share price but a brief retracement is possible. The next round for Smurfs will be about something like quality or consistency of product. Ability to mass produce won’t be in question.
KBLB will. By the way Alydyr, I successfully sold my highest position of 30k for .0661 at .0669 at the end of the day today in my currently tradeable short term share lots. Yes, I sold at the high. So, no need for pity. I’m all green on my short term lots. I’ll look at repositioning that one below .065. Besides that, I fully loaded. This is going 3x to 4x this year at a minimum. Better get on board now. :)
This ‘secrecy’ is coming to an end soon. ... this year. Mark this post.
Banana, I got .0661 filled for 30k all or none when the bid was .066 and ask was .068. :)
Hi Col,
I’m fully aware of the fundamentals. But, 40% of my holdings are for trading up to .25. I will be sure to cost average my sales so that they are higher than .18 average (likely taking off 20-33%). At which I would look for a pull back below .12 before adding again. If I miss this and KBLB blows through the all time high and never pulls back substantially, the rest is held on up to a $1 at which point another 10-15% comes off. I will hold most or all of the rest to a likely buyout. My goal in trading below .25 is to gain more shares for less $$ for the big ride up while taking $$ off the table.
Amusing. If we blow through .07 to .085 on low to avg. volume without news. I will try to sell a little. Sometimes, there is such low volume to start the day that we get these small trades for higher prices (i.e. 500 shares for .075 or .085 to start the day with low volume doesn’t count). It’s like pre market trading.
Good news can send this to .085 and possibly much higher. Great news right now will send this north of .10 in short order.
KBLB should have a theme song, especially for this moment in it’s history. I was looking at KBLB’s 10-year chart and thinking inspirationally. So, I think Rachel Platten’s Fight Song.
“Like a small boat on the ocean sending big waves into motion...”
“My powers turned on. Starting right now I’ll be strong...”
All time high = $.26 ... at least ... I found this on the 10-year and all-time charts, 9/1/2010. The one I was recalling was 6/1/2011 for $.22. Anyone know higher the $.26?
“The pps climbed and is behaving fairly stable. I dont know where the news we want would send us to . A climb to .50 and stable or spike and drop to a dime again?”
Price retracement is inevitable to a support level. This due to over bought conditions on such a move, profit taking and of course likely some delays in progress reports. Most likely 30-60% pull back even with great news. See HEAR, MDGL, MRTX, AMRN, etc.
I would look from a spike to .14-.22 back with pull back to .10 as major support. If it were to get a .40-.75 blow out without a prior significant pull back, then, look at support at the all time high or around .22. I know that is before some prior dilution but I would still use it to buy off such a pull back. Start buying again in the mid to high .20s. Still would keep $s from initial investment plus a good bit more by that point. Talk about a fun ride!
Ok. .06 holds a little resistance... So, just because it is 1.5M shares or so being bought up doesn’t mean they have some special info. Conjecture. But, I would guess one main player also. Regardless nice day for longs.
Reality was that .06 held no resistance. The resistance is at .071. And, we don’t have actual news yet. If it is public, then someone post it. I would take Truth’s optimism and speculation on Texas production as some or all of this. I added 30K at .059 before this little run up occurred. So, blame me starting it. :)
I’ve been a shareholder since 2011. So, I have seen it all in terms of the price action (spikes on great news and draw down in delays and waiting again.). I added and traded some in 2016 off the Army contract. I’ve added and traded some last year off the Vietnam news. Now, I am just adding off the news earlier this month. About 60% of what I now own is a LT hold. The rest is tradable. Most of that 40% will come off between $.14-.22 depending on price action when we get there. This is in hopes of a 30-60% pull back from peak in share price due to the spike in order to reposition about half of the dollars for the ride up or a little more shares for lower prices to position for the bigger move to a $1.
Even though I had seen this board in the past, I only started reading a lot and actively following since last May or June. Then, posting in the Fall of last year.
It’s possible. But, my belief is news will come this time well before weak hands are tested. Also, you can see anticipation building right now here such that the low .05s look like a steal.
The last time we did that test (October ish) it seemed like some shananagens, dilution (claim was denied on here), Kim selling his own to raise capital for the company to borrow maybe, or another big holder(s) deciding to dump all at once (doubtful imo - not plausible considering the price action on no news and right before good news). 5M plus shares traded and jack knifed off .035 and held above .04. I didn’t hear anyone claim to be lucky enough to buy in the .03s that time. News came like a trading day later that moved the share price back to high .04s and low .05s. It’s possible but not likely considering what good news is likely to come by June if not sooner. I will be adding on weakness. Period.
Just in case you didn't read to the bottom of Prediction #5 posted earlier...
"How much upside do we project for a stock like this? We’re not putting a limit on it.
After all, we’re talking about a tiny company with just five employees that has the patent on a process that could make Kevlar obsolete… and disrupt the $140 billion technical fiber market.
It's a speculative play, for sure. And there are no guarantees.
But the stock is currently so cheap that you can pick up 5,000 shares for the cost of a nice dinner.
It’s the classic “asymmetric trade”—where the potential payoff so far outweighs the risk that it can make overnight millionaires."
“why sell at all?..” Perhaps. Better for LT investors then.
Mojo, I could see huge disconnect with share price and a buyout if Kim was able to show further potential buyers greater proof of mass production with quality and consistency that he hasn’t demonstrated publicly to date or to that date of such offer. Also, share price is too low relative to what’s currently revealed. The reason imo is all the delays and disappointments over the years including perceived delays from last spring to now. So, this has taken on a situation that KBLB has to show traders vs trading on current speculation and hope. KBLB has traded on hope before... more than once but traders are looking for a little more this time. So, this negativity is built into the share and waiting for a ‘show me’. I don’t think Kim is looking for a super quick buyout. I’d go with Bananas’ 2020 prediction. By that time, we could easily have the real truth built in to the share price. In which case, your 2x or so buyout ( not more than 3x) would hold true. That would be something like a 500M market cap being bought for 1 B. We’ll see. Should be interesting for all to see what comes from here!
And, I want my two dimes to take 1/3 off and let the rest ride if there is no gravitational resistance to the all time high. :)
Banana, I understand Peach because my tolerance and patience for most slowly progressing biotechs is very little. So, it must be the Kool Aid that we are drinking. :) I think it is also that this has been a chosen long term investment determined to see the outcome play out over years not days, weeks, or months. This is the pure play that will show fruit. The delays have appeared endless and they haven’t been... just longer than the patience of those who were not willing to allow this play out for this long ... and therefore decry the endless delays and those that made hopeful prognostications of this Q or next. Yes, it can sound like a repetitive noise that goes on and on. So, much that they choose now to ignore the very real progress and soon coming production. Sadly so for them because they will miss the best part of this ride. ... as no abort is coming... only a count down that is being mocked. Since we go from .035 to .06, it is just oh that’s nothing we were there already and higher. What will it be from .06 to .10? Another ‘oh that’s nothing. We were there two 1/2 years ago’? And then .10 to .22? ‘Oh that’s nothing. It’s been to that all time high before several years ago. See it’s coming back down just like before. They haven’t really done anything. Mass production and contracts aren’t really what they seem. Vietnam will fail KBLB this way or that. The Army isn’t interested. Blah, blah.’ And so it goes until the SP is in the stratosphere and they wonder how that happened and why they didn’t get on board.
Yes, patience is road with KBLB, because I believe the reward is inevitable. And, obviously, sooner than some of the naysayers think if they even think it possible at all. ... depends on the naysayer. :)
Enjoy the journey!
WebSlinger, please, don’t short KBLB, It’s not a good idea right now.
At least in the .14 - .22 range with a pull back to around .10. More wouldn’t surprise me depending on how much we see out Vietnam and/or Army side. Just one point of reference... it went more than 5X with the Army contract but pulled all the way back to .03 due to delays and no substantive news until last Spring. I would not anticipate that kind of pull back unless some news about quality or something causes more delays after another big announcement or two. Would use .04 as our recent low to calculate off X increase.
I think as long as you just stay engaged. There isn’t a problem. Is she telling you not to buy more? If you are worried about giving her half in a divorce, I wouldn’t marry her. I am married for 7 wonderful years now! She owns some KBLB too. I sold her on the Spider-Man costumes of the future! She wants to add too before this goes to the Moon. She is obviously not as much into this potential ‘lunar flight’ as I have been. And, has said not to buy more at various times. But, this most recent news is compelling even for her. So, we are a go to add here. ... She is another reason though that I am going with my strategy vs Banana buy and hold forever one. I don’t want complete egg on my face if this rockets higher (and we don’t take some off the table) but ends with a crash landing in the end. Want to be able to say we made money... our investment plus a little. I doubt that is the outcome as IP should have value for a buyout. ... but, at least for us on this board (also, reason why we are still low sp) KBLB has a couple huddles to meet before we can start seeing a real revenue stream. Quality and consistency has to remain high with mass production in Vietnam and contracts need to start flowing in. With that, the sole dependency on the Army outcome will be broken. I’m happy with Army relationship continuing and growing (hoping it does so to our highest expectations) just not sole dependency of KBLB’s fate and growth continuing.
So, that’s the long answer. :)
Okay, Banana.
Let’s role with it. I’m sure we’ll both like the outcome. You will probably end up better as you have more shares than me. I will try to work my strategy and get to what you have or more as well. But I may be on the short end holding 1/3 of what you have at a buy out. We’ll see. I know I’ll be happy anyway. Sad thing though is that this board will likely go away. What else would we talk about? Perhaps, you could arrange the alumni meetings for the KBLB millionaires’ club? ;)
You can give mojo an auto exemption due to his dedication to the board.
Banana, I understand what you are saying. But, no one is massively unloading. There were only a little over 325K shares traded today or 1/2 the daily average. That equates to a total of about $18K. There has to be a seller for every buyer. People are either repositioning their core or ‘poor’ owners or nibbling traders day trading for their college Little Ceasars Sunday evening food budget on some free trading app.
I’m trying to trade around my core but the volume is too small. I have to go all or none on my order to be sure I don’t get some small fill on my order. Today, I had an order to buy for .0562 for 40k all or none when the bid was .0561. The high was .0625. Don’t think it was big fill. As I said previously will look to sell in mid to high.06s if news doesn’t have it blow through .07. If that, I’ll evaluate how high I think that news will take it based price action and volume likely hold to the .09-.10 range. If .10 holds, I am a seller above .085 and buyer again below .075. Mostly looking to reposition about 100K that I have been a bag holder of for several years.
My aim is to get to lower cost basis and more shares not less initially here below .15.
I do believe an explosion is coming, I might miss out on a move for 10-25% of my shares. This is not a concern for me as I am intentionally buying more than I intended to hold above .15 up to $1. The biggest risk on FOMO will be my willingness to take up 1/3 off below .20.
Buyouts don’t have full guarantees of the highest price either. See TSRO. Peaked out at almost $200 about 2 years ago. Came all the way back to the $20s, then up the $40s before a buyout offer in the $70s.
I’d advise lightening up on the explosions and trying to reposition lower with more shares but taking money off the table each time.
Banana, yes, 100x plus is going to take time. But, based on a competitor being valued at 700 million (mentioned on this board a couple months ago), I think 10x to 20x is not unrealistic this year if all goes well with production and quality, etc.
Can’t imagine anyone shorting this now with a potential 15x buyout hanging out there. :)
Added 15-20% more to my positions today.
This is legit good news. But, skeptics abound here as you can see from reading the board. Because of delays (over the years in general and the last half of last year from Spring 2018 news), I think some are looking for contracts, further proof of mass production, etc.
Either way, I’m holding and adding on any weakness. I will lighten up in high .06s unless this or coming news has a blow through .07 effect.