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I also have placed my investment in Mr. Thompson's hands. After all the DD is done, the ultimate value comes down to how Mr. Thompson handles this. I have confidence that he is a very savvy CEO that will play his cards right and maximize this once in a lifetime opportunity that he has created for himself. I feel like I am just riding along with him, putting my confidence in him doing the most he can do for himself, and therefore the most for the stockholders. I can not, under any circumstances, see him cutting and running and leaving too much on the table. He may never see this kind of opportunity again. He seems the kind of guy that will maximize his opportunity.
Patience, patience, patience.
i used to lurk around this board about 12 to 16 months ago. owned the stock for a bit, got hammered a little, and got out (in at around .55, out at just below .40). i can't believe this is still going on.
only reason i posted is because i'm just flabbergasted this is still going on. i know nothing about what's happened the past year or so, but just the fact this is still going on in this condition would scare the heck out of me.
just from a guy that is looking at this from afar with nothing at stake.
MSFT fiscal year ends June 30. They all have their own calendars.
I have said this many times......if you have 50,000 shares right now, and sit tight, you will be a millionaire within 10 years. Whether you end up with a bunch of DD shares or MMM shares, your 50,000 shares will be worth $1,000,000 within 10 years. I've also stated that before 2011 is out, this stock will hit $1, and will close above 50 cents year end.
What I haven't said is this......manshoon1, you are the best moderator I've ever been associated with on ANY board in my many years of internet participation. Truly outstanding job.
Patience, patience, patience.
Patience, patience, patience.
50,000 shares makes you a millionaire within 10 years.
I'm sticking by it.
maybe the beginning of a new run. maybe february runs will be an annual thing.
That could be it also. If that's the case, it's nice that we don't see a pump before dilution. For me, if that is actually what is happening, just confirms my trust in this company.
Look at the 15 day chart. More down days than up, but basically a 50% rise in pps. Profit taking followed by solid buying. I like how they can't keep it down, and if it showed another 50% increase by Jan31, I would say that all the 2 and 3 cent buyers that weren't committed longs are getting shaken out.
I missed where someone said speaking your mind is unprofessional, and I would have to disagree with it. I think everybody should speak their mind on this board, and hopefully, the statements are responsible, whether positive or negative. But even that should be left up to the reader.
These penny stocks are always a tough call. It is so incredibly unusual when one becomes anything but a vehicle for manipulators. I loved Thompson's statement that this is not a penny stock, it's a stock that trades for pennies. We will see.
I wish you, and everybody else, the best of luck with this company. Yes indeed, I am very bullish, and yes indeed, those numbers are fun to think about. But if you take Thompson at his word, which you must make a decision one way or another if you will as that is the foundation of this company at this time, those numbers are not pie-in-the-sky. My gut, and my investigation into this company, tells me to place my bet on Thompson being the real deal. I wish there was more communication from the company. I wish there was more bullish activity with the pps. But I understand why both are as they are, and feel the handling of the communication issue is couched in CEO responsibilty not to get over-zealous, and I feel the price per share issue is something the company feels is secondary AT THIS TIME and will be addressed when other factors more critical to the developement of the company are resolved.
Everything just makes sense to me. There is a REASONABLE explanation for everything that gives me concern, and the question I always get down to is...."Do I trust Thompson?" He's given me no reason not to......yet.
Patience. Rome was not built in a day. I have said this before, if you have 50,000 shares, within 10 years, you will be a millionaire. Turning $4500 (at today's price) into $1000000 in 10 years is acceptable return in anybody's portfolio. There are literally hundreds of stocks out there to flip and make short term profits. Go buy some of those, and just forget about your KBLB. You will be a happy, happy investor one day. Even if you're not looking for that kind of return, if you just wait 1 year, you'll turn your $4500 into $25000. I would be incredibly stunned if this didn't hit $1 sometime in the next 6 to 9 months and definitely closing above 50 cents at year end. Just think about that for a minute and let it absorb. Thompson is so on the front edge of this it's crazy. There will be people coming out with all sorts of "competing" opportunities. When somebody gets ahead, others make claims that can be rationalized because there is somebody else out there that proves their claims "could" be legitimate. It's like one poster said, they're fishing for financing, and lots of investors will be looking for somewhere to put their money. Charlatans will try to get a piece of that. There is no indication that Thompson is the charlatan. He's the guy that can rationalize the charlatan's claims.
This isn't crazy volume, and I'd attribute it to the news of the past 10 days. The price is very steady. I was going to just ignore this stock for the next 6 weeks, but it's just too interesting......and exciting. Even the pumpers, like you said, are making solid, reasonable statements.
I noticed the General Motors, General Electric thing also. GM is on everybody's mind right now I guess. Also, I'd be leary referencing Noel. He's a stock tout, not in any way is he an expert on this subject.
The company owed the CEO alot of money which the CEO forgave. I'm thinking that had alot to do with the debt reduction.
Stockwatchalert.com spammed KBLB today. Big update to their entire mailing list.
Somebody just punted big time at 9 cents. The MMs can put a scare into you. This stock will take patience and alot of balls. The stock market, particularly pennyland, separates the men from the boys.
I'll talk tou you all next year. I'm not looking again until 1/1/11.
GLTYA
BTW, that is real cool what you did there on wiki.
I, for one, am not arguing how we got on the pink sheets, or what we have to do to get off them, I'm just saying to really make this go, we will have to get off them. NASDAQ is $1+. How sweet that day will be.
Exactly. For a deep pocket buyer like DD or MMM, they will want the semblance of a going concern before they will pony up top dollar. Why would Thompson sell them a bike with no wheels? He wouldn't get near as much because they want wheels on their bikes. There should be plenty of willing partners to help with developement and distribution.
IMO long term (5-10 years) is not even an issue. This Thompson guy is the real deal, as is the product. Mr. Thompson will milk this for years before he sells out. I wouldn't expect any M&A talk for years. He'd be totally short changing himself.
Folks, I post here just once in awhile as I am very interested in this stock, more than any penny stock I've ever been involved with. I've TRADED many penny stocks over the last 10-12 years, but this is the first I have ever INVESTED in. This is all my opinion right here...... THERE IS JUST NO WAY THIS BID CAN NOT START MOVING UP IN THE SHORT TERM. IT WOULD MAKE ABSOLUTELY NO SENSE AT ALL. The only thing holding this back is 1) It is on the pink sheets. It absolutely must get off this platform before it can make any meaningful gains because 2) New money is not being attracted to it. A large majority of day traders and flippers, never mind long term money, won't even look at the pinks. I was attracted to this stock when it was on the BB. I was disappointed, but not detered, when it moved to the pinks, because I believe it is a temporary situation.
FWIW.
There don't look to be any sellers left, which means they will have to be inticed with higher bids. The MMs have nobody left to play with. 500k shares is nothing in the way of dilution, .1% of o/s. Mr. Thompson will add 1 share for every 1000 out there to generate cash for whatever reason. Seems like no big deal at all. A move off the pinks is essential to get this really rolling, but the continuation of wide spread exposure, coupled with a hoped for hightened effort to bring in new money to chase limited available shares can lead to only one thing, and that is a rising bid to flush out sellers. The lower volume today says the MMs have nothing left. They now are also sitting on shares that they will be asking ever higher prices for. When the bid gets to a certain level, maybe 60-100% of where it is now, they will be sellers, and the shorting game will begin again if there is not sufficient new money coming in to keep the bid up. The short term on this stock is very interesting and educational. As an investor, it's almost a soap opera as I am totally an observer. I'm 47 years old, and will not sell until either 1) I turn 56, or 2) each of my shares reach a value of $45. By that time my holdings may be MMM instead of KBLB, but it's the product I'm investing in. I'll take gobs of 3M shares for my KBLB shares if that's what it comes down to.
This question is for anybody that can answer it. How long must a security trade for $1+ before it will be considered for NASDAQ listing? Really the only thing keeping this stock price down now is the fact it trades on the pink sheets.
Everybody with 50,000 or more shares, every day I want you to wake up and say "If I'm patient, just sit and watch, don't get too excited when PPS pops up, don't get too nervous when it drops, I will one day be a millionaire."
That's what I do every morning. Each of these shares, one day, will be worth $20, whether it's because your holdings have been converted to a ton of 3M or SKB or DD or whoever, or because Mr. Thompson runs this baby all the way out himself, but one day, they will be worth $20 each.
You must remember at all times that Mr. Thompson, like all good CEOs, works for his investors, not for traders and flippers. It is very apparent that traders and flippers will be, for the most part, disappointed with this stock. This company is totally for the long haul, and if the stock goes to 8 cents in the next 2 weeks, unless Mr. Thompson is going to the market for some equity, will not matter a rats a$$ to him.
When I posted a couple weeks ago, a number of people responded saying that we all have different trading and investment strategies. That is so true, but if you are screamimg for this company to give press releases so you can make a quick 25-50%, it seems very obvious that this CEO is not going to accomodate you. Seriously, this one is for the "long and strong" group. Put your shares away and go enjoy your day.
The only PR, aside from relationship announcements, that should hold any interest would be if Mr. Thompson were to come out and say he was taking a huge lump of stock off the table for good. He has already said there will be no dilution, which is of paramount importance, but if he were to say that he's taking 5 billion of that 10 billion and throwing it into the campfire, never to be seen again, that would be exciting as hell.
Otherwise, it's just let the eggheads do their thing, then the market do it's thing, and then we'll do our thing (cash in).
Being the new guy, I only get 3 posts a day, so this is it today.
Good luck to you, and after I remodel my home with the money I'll make on this one, I'll have you over for a dip in the pool and bbq.
That's all fine, but this stock price will not hit it's zenith until well into stage 2 or beginning of stage 3. Whatever pop you are predicting or expecting is still chump change to where this will ultimately go.
Microsoft went up 33% it's first day. Hope that all worked out for the flippers and day traders.
I just had to respond to this post.
I've been reading this board for about 2 months, and been holding shares for about twice that long, and I can't believe the stuff I read on this board. We have all these "long and strong" and "go kblb go" rants all over the place all day long, and what it seems is we just have a bunch of shareholders that act like drug addicts looking for their next fix. "When are we going to hear something?" "When is Kim going to get off his rump and tell us something?" "Look at everything we're doing. What's he doing?" and garbage like that. The guy just gave one of the most important press conferences in the history of transgenic developement no more than 3 WEEKS ago, and now we have a bunch of beggars, who say they're in this for the long haul, but act as if the stock price doesn't go from 12 cents to 18 cents in the next 4 hours, the whole thing is slipping out from under us like quicksand. 3 weeks ago people, that's it. Just relax. who cares where the stock price is 11/15/10? If you're in this for the big payday, and the company and product is legit, it doesn't matter one bit. The product will be developed, it will hit the market, and the stock price will reflect that. Mr. Thompson doesn't need to say anything for months if there is nothing to say, and it won't change a thing. Why is it so important that he come out and say something this week, only to move the stock price up to a quarter? Are you all going to sell? It's idiotic sitting here watching the 60 second ticker all day long. We're not going to get rich tomorrow. Ain't happening, so relax.
If this stock price went to $1 by end of year, would you sell? If you did, you'd make a huge mistake. Because if it did go to a dollar, it would trigger lots of selling, dropping the price back to the 60s or 50s, and it would wallow there for months, and those that got out at a dollar would say "great" and miss out when it really becomes the company it ultimately will because it's obvious that those people would lose interest watching a stock sitting in the same price range month after month when that price range is 40% below all time high. You'd miss the big winner you all dream about.
Here's my prediction. If you hold 50,000 or more shares right now, within 10 years, you will be a millionaire. Not within 10 days, not within 10 weeks, not even within 10 months. Sorry, but that's how long it's going to take. So sitting here hour after hour waiting for Mr. Thompson to initiate a press release with "just any news" so your measly 12 cent stock will bump to 16, is not only immature, but a blatant sign that most of you will ultimately miss out on this incredible opportunity.
Good luck, Peace out. I'm gone. The only reason I signed up to this board was to make this post. I've been considering it for a week or so, but the post I'm responding to finally just made me snap. Hope to see you there at the finish line.
BTW, I live in Seattle. I noticed another poster said he/she lived in the northwest. If you're still around at the end, I'll be happy to host the party.