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And good for him. There is no way to understand or explain any of this if you totally ignore that living things on earth evolve with their environment. Not making any kind of statement here about "this or that", just saying a scientist must subscribe to some sort of theory of evolution if he/she is going to be able to embrace what we have going on here.
I believe you're right. My mistake.
Thanks.
Any way to tell if Thompson drew on the LOC in the past couple days?
Definitely something to look for.
The next set of PRs will be very important. We got a little bug in our ear that some people went to Korea, we have worms hatching and mating, we have tests, and whatever else may have been whispered around here. This "update holding pattern" is kind of curious, and hopefully relates to the SE Asia trip. The PRs, as they relate to these items, will be very telling as to where this company goes. It's really a watershed point in this company's advancement. If the PRs have real substance, we may be on to something. If they are more "things are going as planned. Everything is on schedule. Here's another neat thing we're doing.", it may be reason to pause. At least that's how I view it.
I forget who posted the trademark info, but has that been resolved? Does KBLB have it's trademarks in order?
SWA isn't buying any shares at all. They get them in other ways.
What does the volume of the screams from a couple IHub posters have to do with KBLB coming out with news? That's like saying the Florida orange crop is going to be good this year because the cattle in Kansas has enough hay to eat.
After the CC there will probably be a quick buying opportunity, but if all is going well as anticipated, it could be short lived.
Did you get a piece of that 952? 34000 at the bid for 952 right now.
I bought at 25 about a month ago and sold at 37 last week. I'll be damned. It kept going. Good for you folks. Wish I would have stepped away from the computer that day.
He was being facitious. He didn't really get a response.
Who knows how many shares some of these people have. $5 a share you need 200,000. That's a $20K investment at these prices. I'd guess many are in at a tenth of that, and that's OK. Alot less millionaires than you'd guess though. Many tens of thousandsaires if the price were to get to $5.
We just said the same thing. Basically, if the ZFs aren't targeted properly, we won't get desired results. Doesn't mean, just like the computer, that they don't work, just means operator error.
I'm not a scientist by any stretch of the imagination, but the way I understand it is, if the ZincFingers work, we should get our desired results. The only way it wouldn't if the ZFs worked would be if the insertions/deletions were targeted at the wrong place in the DNA strands. I believe they know where to target them, so if the ZFs work, bang, desired results.
I'm sure Zinco can correct me if I'm wrong, but I'm under the impression we have a much better chance than not of desired results.
I don't want to define "desired results". After Sept2010, I was under the impression marketing what we had was the next step, then, curve ball, we're looking for 100% spider silk. I believe that came our way in April2011. I do remember it came out of the blue though. Nothing in Sept2010 gave me the impression we were looking for 100% spider silk, then all the sudden, new target. That's how I remember it anyhow.
Huge buy order at 9.9 right now. Would be interesting to see that buyer start hitting the ask a little, see where this could go.
Yes....would like to see KBLB leave the pink sheets
Yes....would like to see the beginning of a revenue stream to assist KBLB in pursuing alternative financing
Those two things alone would solidify stock price support and give an "air" of legitimacy to KBLB. These are the things, particularly revenue news, that I am waiting anxiously for. Until that time, I will keep my eyes, ears and mind open.
$31.50 to read it. Have you?
"I then took mojos advice and traded this last 30 percent spike, and already started buying back in, I will nearly double my original share count on only 2 trades LOL LOL. Keep the "buy dont sell" thing up..... it has worked so well."
How the worm has turned. I remember an e-mail exchange between me and you a few months ago. Just makes me laugh thinking about it.
Good job. There's no sense paddling upstream.
BTW, is the market closed Monday for Columbus Day?
Just for the record, I said we may never see sub-.10 prices again AFTER SUBSTANTIAL NEWS. Just made this post for accuracy sake, which sometimes isn't one of your priorities when stating others viewpoints, but I am very flattered that you may have read one of my posts.
I doubt very much they're holding them.
Actually, this past week hasn't been that bad.
Let's assume the lender is the seller of the shares that the new buyers that were attracted by the SWA campaign purchased this past week. Those new buyers basically bought in at what has been market prices for KBLB stock for the past month. There was no 80% rise where new buyers got stuck holding the bag at 16, 17, or 18 cents, only to watch it slip back down again. If the lender received shares at 8 cents based on a 10 cent price reference, all they have pretty much earned this past week is their 20% grease, and the new investors have gotten in at about the same price they would have anyway. Not bad for anybody, except the flippers that didn't get a bump to play into. If the stock doesn't move again until solid news, this whole "P & D" is a non-issue, and never played out.
I don't know how much Thompson drew on the LOC last month, but if it was $100k at 1.25mil shares, the lender may be done for now selling shares. Kind of clean this time.
We'll see what kind of news comes out here in the next PR phase, watch what it does to the stock price, and make a decision then whether we're having games played on us or not. But new investors, attracted by the SWA mailings this past week didn't get pounded like something like this might have done. That's my viewpoint anyway.
All investors want this thing to move on news, not on SWA mailings. I'm glad this bunch of mailings didn't move the price, and I'm sure all new investors are equally happy. It's only the buyers that wanted a quick turn around that got the shaft this time.
That's it. And honestly, I don't begrudge the lender getting their grease. I just think it's important to understand how and why the stock price is/isn't moving.
Now they're just generating enough buyers to absorb the shares the lender is throwing onto the market. As soon as any amount of buyers appear, there is always a high volume seller right there to fill the order. Every high volume transaction (50,000+) the past 2 days have been sells. But when you get your shares at a 20% discount, you really don't care if the stock price jumps. If you can keep it firm for a week or so, you can move a bunch of shares without the stock price taking a dive, and make 20% on your investment. The newsletter has generated over a million shares we otherwise wouldn't have seen this week, and there has been a seller for every buyer that has appeared, and that/those seller(s) have been happy to take the bid everytime.
Sure are alot of low priced issues in this sector. What's the trigger that drives the whole sector into a breakout? Some kind of government action? Haven't price points been dropping for some time?
I certainly understand that. I believe he has 90 days.
I don't have any problems with Mr. Thompson selling shares. However, it is always wise, in the penny stock arena, to be aware of what the CEO is doing with his/her shares. You really don't want to see the CEO selling into a "pump". That isn't the best of signs. That's not saying you should be concerned if the CEO sells into a rising stock price, I'm talking specifically about a "pump".
If the news is real, and adds retainable shareholder value, I have absolutely no problem with him taking some cash. He will have earned it.
Transparent 3 step process. Has happened numerous times with this issue. 1)Draw, 2)Newsletter, and 3)PR.
The thing that worries me about step 1 this time is that Mr. Thompson also put through paperwork in order to sell 5.8m of his personal shares. I can understand the man needing money as he has forgone much of his personal salary, but 5.8m is going to come to 700,000 to 800,000 bucks. That oughta pay the household expenses anyway.
I'm oh so eager to see the next couple of PRs. They really could be a tilting point for me.
In my opinion, the next couple of PRs will put a true face on this stock. I'm very eager to see what Thompson comes out with.
Thanks for your reply Zinc. This really is a facinating endeavour that Fraser, Lewis, Kaplan, Thompson, et al have gotten rolling. It will be interesting to see what kind of market penetration, not only in depth of individual products, but breadth of industries, spider silk will be embraced.
Then, is it your assumption, that more volume of product, if the production challenges could be overcome, would result from developing bacteria in vats versus silkworms spinning coccoons? If the bacteria in the vats could be effectively converted into silk, would it be a faster way to produce volume of product? I know we are talking years and years down the road, with millions and millions spent on R & D, and I know that KBLB should be way ahead of any curve, but do you feel that artificially producing the silk will ultimately be the modus operandi?
No need for you to defend KBLB's position in your response. Strictly looking for your opinion of where this technology will ultimately go.
Manshoon, you know me, you know I'm not challenging you. But I do have a question about that Kaplan quote. He states that large scale commercialization will ultimately be more successful via large liquid vats than through silkworms (paraphrase. I believe I have the jest of it. Anybody, correct me if I'm wrong). The thing about that quote that puts the big question mark above my head is that silk has been mass produced for millinia via the silkworm doing it's thing. Why wouldn't it be an equally effective way to spin spidersilk in commercial quantities also? Why, now that it's spidersilk, is it more effective to produce it in vats? Doesn't make sense to me. Guess I'm questioning Kaplan moreso than you.
Just thinking out loud. Do you still have only one post a day? That's a crime to the board if so.
The 52 week high is now .22 from June. If there's no jackin' around here for the next 3 months, we should eclipse that at some time before year end, I would hope.
This is so easy to read right now because there are so few players. No sooner that ask goes to .11, and a buyer comes out of nowhere and gobbles it up. There are some very quiet, patient buyers out there right now. Just how many more profit takers are still lurking is anybody's guess, but I shouldn't think there are too many left. Those that are left can either hold on a little while, or take what these quiet buyers will give them.
Haha. And there's a new seller at .11 Haha, "Give me my money before it's too late" haha!!
I don't have access to L2, so I don't know who's representing the bid or ask right now, but I'd bet they both have clients just below and just above where they're at right now. This thing is going to be dead quiet for awhile.
Buyers were smart this morning. They knew there were going to be a half dozen people that wanted out with their 20%-30% gain, and so they kept their bids low. It's going to stabilize around 11 I'd bet. Considering there are only about 15 to 20 people really playing this stock right now, those on the buy side look willing to buy in the high 10s, low 11s. At those prices, what few players there are on the sell side will start getting stingy and will probably start leaning towards holding.
My opinion, just trying to get a feel for the psychology surrounding this stock right at this moment. My gut feeling is the volume will be real, real light the rest of this week.
If this gets over 12 tomorrow, I bet it doesn't get below 10 cents again unless the next PR is really hollow. If there is any meat to the next PR, we may never see single digits again. If this company progresses as we all hope it will over the next 4-6 weeks, even the shares that the lender puts on the market should be easily absorbed. Just remember, at 10 cents, if Thompson borrows $200k, that's 2.5 million shares. That could be swallowed up easily if the next bit of news has any substance.
I could see your scenario playing out very clearly, but with no mention of revenues or some hard comments about deals to come, it wouldn't surprise me to see it trace back from .50 to .25-.30. What good is pure spider silk if your not selling it to anybody? You have to have sales to make any of it worth a darn. It can't always be speculation about sales, there has to be something concrete to support the stock price.
Really, I think you and I are in agreement on this particular point.
.264 was exactly one year ago today. Tomorrow when we look at the 52 week high, it will be something else. It will be good to see that go away. It was never legitimate anyway.