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es1,
you are the greatest....
Pool,
Pool, that was cool...I never thought of emailing those guys. Thanks for your legwork, and I enjoyed reading that response....
Excellent job, Transporter....Kim seemed very sincere, and I learned quite a bit from his response. Of course, some of the things he said are a bit confusing, but he cannot be too specific.
Maybe there will be some news before yearend, at least that is what I think. Thanks......
KC,
I NEVER said you HAD to sell. I am not even telling you to sell. I am merely telling you that if you are not happy here, there are hundreds of other fish in the sea. The beauty is, you have an option. You are not stuck. That is all I am saying.
I feel badly when I read the angst, frustration, and fear on this board. There is always the option of moving away from this stock onto another one. I have a long list of other pinkies besides KBLB......
Surfer,
I hope you are right about your statement, "so I expect this pull back in gold to be short-lived."
I am not sure if I am buying this or not. This pull back has been going of for at least one year, and it does not seem to be letting up. Any day, like yesterday, where gold stocks go up, is immediately followed by an ugly day like today.
There is never any continuity or consistency in the performance of GDXJ. The price of gold moved up about 200 bucks over the last three or four months, and GDXJ went down. There seems to be a disconnect between the price of gold and the PPS of gold stocks....
Transporter,
Please keep us informed about any response you get from Ben. You did a good job in your email to him.....
sharpshorts,
I am new to this ihub board, but I own a boat load of GDXJ. I bought in @ $25.65 about eight months ago, and I have never been back to that price.
I have never had such a horrendous fund in my life. The ONLY consolation is the dividend, and I fear that it will be cut or eliminated. I have called Van Eck Funds several times, and they still have no idea what the dividend will be. They tell me that I will probably have to wait until the x-div. date of Dec. 23.
I guess we will just have to wait and see, but my gut tells me the dividend will be cut. Should that happen, I can only imagine what will happen to the PPS.......
Peach,
"little has been accomplished in that time" You are saying this out of frustration because the PPS has fallen. Lack of news will cause this. However, behind the scenes, I believe many things are going on. Kim is doing his DD to find the exact deal(s) which will move KBLB forward.
Kim has his life in this company both finacially and vocationally. With the amount of shares he owns, he wants this company to succeed more than you do. Give him that chance, and be patient. The option is always selling....
"Will the world even care when someday comes?" Apparently, all of us on this board do care, or we would not be here. Frustration, again.....
This post puts it all into perspective. Spider silk is the new plastic, but better. Good job, gs1000.....
Taco,
I am speaking of Christmas 2050. That is how long it will take for KBLB to go into prodution.
I might as well say this, since you seem to have lost faith in the company. I will say it again, the frustration on this board comes from a lack of patience. Once a person loses patience, he/she starts to imagine things about a company which simply are not true. Panic sets in; the imagination runs wild, and fear overcomes all rational thought. This is when major mistakes occur.
I have said this before, if KBLB did not have a PROVEN game-changing technology, and they kept talking about it only, then I too would be concerned and frustrated. However, THE TECHNOLOGY IS PROVEN, AND IT DOES EXIST. All that matters is the timeframe now. Since we live in a world of instant gratification, people want to become wealthy over night. Going into commercialization takes time, and if I were not prepared to wait, I would sell.
I owned many of the Dow 30 stocks over the last forty years. For as long as ten years, some would go dormant and stay in a trading range. I once lost my patience with Coca Cola (KO). After owning it for almost fifteen years, I sold it. About eight months later, it took off on a rampage nearly doubling in value withing eighteen months. It then split two for one.
That was the lesson I needed to understand that when you own a company which has proven products, you have to be patient. Many folks will make the same mistake I did and sell out only to look back six months from now and say, "darn, I should have held," or "crap, I should have bought more." My leg is too short, or I would have kicked myself to death after making that mistake with KO. I just hate to see people making the classic mistake of investing, losing patience, and allowing fear to force them to make mistakes.
I understand your frustration, since KBLB has a bad habit of being tight-lipped about news. However, the product is there, and Kim is taking his time to do it right. I still feel some news will come before the end of this year. It could be an announcement of a deal. However, I will stand by what I said, FULL SCALE PRODUCTION IS COMING IN 2013. So, you either wait patiently, or you sell. GLTY
Hi Peach,
We are rarely in agreement, but I do agree with you this time. The biggest frustration with KBLB is a lack of information. The quotes by Kim in the infamous article are all over the place, so it is hard to figure out which course of action he will take.
I still believe the old addage that no new is good news. Also, what reassures me is that I know they have a new technology, and it is proven, and lots of interest has been generated by it. ND will also receive a 2% royalty on all KBLB sales of silk, so wouldn't you think they have a vested interest in helping KBLB succeed.
Therefore, I believe a deal will be struck with a company like Under Armour, which supplies all types of clothing for various sports, and they also make bullet-proof vests. The current vests are made of Kevlar, and I think Under Armour will consider KBLB's MS as an alternative, just MHO. I also feel we will strike a deal with a company like Dupont, especially if they get a sense that MS is stronger than Kevlar.
There will be deals, and I would not be surprised to hear an announcement of a deal before Christmas, since I still feel full scale production will be in 2013. I also think that MS will sell for quite a bit of money, so earnings will be soon be coming into the coffers. By this time next year, the PPS will be much much higher than .04!
I just keep buying shares of KBLB at these prices whenever I have any extra money, sort of a dollar cost averaging program. That way, I keep adding shares. I am also 100% convinced that several months from now, I will be kicking myself in the butt for not buying even more shares. Humans are like that, we are never totally satisfied, and we always have some complaint or gripe about something....
Gs1000,
So sorry about the misunderstanding..you are correct...Five dollars is in our future...GLTY
gs1000,
I sure wish you could show me how Kim Thompson hoodwinked shareholders. Please explain this thoroughly with examples.
Since you will NOT be able to do this, I feel you are shooting in the dark. What you should be doing is the complete opposite. You should be buying in preparation for commercialization, and do not worry, it IS coming.
Such broad generalizations such as "KT hoodwinked shareholders" cannot stand without support (examples). Please show us some.....
EXCELLENT, trains......
Great points, Silk.....
better yet, how is it correcto mundo????
how is it correct????
Peach,
Again, I have said this so many times that I am even sick of writing it myself.
It all comes down to two views: a. one believes in Kim Thompson and the potential of the company. Thus he/she continues to dollar cost average by purchasing more shares, or he/she evinces patience and holds and sits tight for the good news. Commercializtion is coming!
OR b. One has no faith in Kim or the company. That person would consider KBLB to be a bad investment, so he/she loses patience, predicts that the sky will fall (KBLB will reach .02), throws his/her arms up in the air, and is ready to give up due to a combination of fear induced by a lack of patience. That person, IMHO, should exercise the right to sell the investment.
It is so easy and crystal clear. I happen to belong to the first group (a.) while you seem to belong to the second group (b.). There is nothing wrong with that. I am sorry if I come across as arrogant and as a know-it-all, but I truly believe sellers will be making a huge mistake.
Believe me, the last thing I would ever want to do is sell early and lose the ability to profit. I would rather lose it all than risk not being invested when KBLB takes off. Of course, I realize that there is a risk of execution, but too many "big" names and universities are involved in this company for it to be a scam. They have a proven, game-changing technology. The key word is "proven." The forces are too great. So, may the force be with you........
Hi KC,
I have followed KBLB for years, but I did not invest in it because back then, I thought it only had about a 5% chance of success. However, over the last few years, the company has made major advances. In fact, at this stage, I feel the vast majority of the risk is gone. It all now comes down to execution and whether or not you trust Kim.
IMHO, I trust Kim 100%, and I really feel he has more to lose than any of us. This company is his baby, and he will do the very best he can for himself and for us shareholders. Therefore, I feel as confident as ever that we will succeed, as long as we are patient. However, people do not want to hear this, and those are the folks who sell and will fail.
What happens to investors is they buy a penny stock and hold onto it. Suddenly, they begin to question why they initially bought the stock. Ironically, this usually happens right before major news comes out. This has happened to me several times over the past three years. As soon as I sold, I thought I did a good thing to get out of the POS I was invested in only to look back six months or so later and find that the stock had taken off.
Selling due to fear or lack of patience usually results in a grave error. I submit to you that KBLB is close to commercialization, but it takes time to get there. I also believe that it will occur in 2013. It is quite possible that we will hear about a deal before Christmas. We should hear some type of good news before Santa comes or at least by yearend.
As far as me getting involved in your personal affair, I do not think that I am doing that at all. You state, "and why do you tell us to sell if we don't like our investment." Great balls of fire, if you do not like your investment, then you should sell. That is not being personal, it is stating common sense reality. Every six months, I look at every investment I have and ask, "would I buy this stock again today?" If the answer is no, then I sell immediately. However, before I sell, I do my DD and try to find a reason not to sell. If I can't, then that investment is history.
There are just too many positives for KBLB right now to sell. Several days ago, First Mike stated something like this. He said he hated to invest in any risky stock unless that company had an edge. Well, he said, "KBLB has that edge." I am not saying that KBLB is a riskless stock. I am saying that it possesses all of the characteristics for success. I am willing to wait as long as it takes because I have faith in the company and especially in our CEO. Those who don't should sell....but that would be a huge mistake.....
KC,
I just did.....
es1,
I agree with you completely. After doing DD on the reporter who wrote the article, I am 100% certain that the article contained misguided and misquoted suppositions. It was a poorly written piece of practice journalism, and NOTHING has changed in my mind about Kim and the good job he is doing representing us shareholders.
I still believe that Kim's heart and soul are in this company, and he has a much greater vested interest in the company's success, even more so than we do. In fact, no one wants the PPS to increase more than he does. This is his baby, and he will not let it go for chump change.
Also, IMHO, MS will go into full scale production sometime next year, probably in the spring or summer of 2013, and it will not be cheap. Profits will come into the company quickly, and KBLB will be on its way. IMO, the announcement of a deal could still come before Christmas. Remember, it takes time to build up to commercialization.
Yea, I can hear some of you all now complaining that we NOW have to wait until 2013. Well, that is the way it goes. If one is patient, he/she can wait for the successful results. If one lacks the patience, I feel sure someone will pick up the shares he/she sells quite quickly.
I will repeat my thesis that the shares are representing a great deal price wise. Those who are wise will be locking into a super company with excellent potential on the cheap. Nothing has changed in my opinion about the capability KBLB has, and I will keep saying it until I see it succeed, and that time is coming closer and closer.
I also believe significant, positive progress is being made on Gen 2 and 3, so I remain as BULLISH on KBLB as I have ever been. I used to think 13 was an unlucky number, but for KBLB shareholders, it will be a happy, lucky number when 2013 rolls around. Then, many of us will be able to see what I have been saying was correct. Load up before it is too late. The rocket will be taking off before we know it.....
Silk,
There are three lines in the article I just do not understand. Therefore, I will email Ben today to get his take on these suppositons made by this reporter. I trust the media as far as I can see at night in a dense fog. So, I plan on getting to the bottom of this.
The problem is, should Kim submit to a buyout or a take over, we will get scraps, on the order of .30 or perhaps a bit more a share. In other words, we will taken out of the game. I have risked quite a bit of money over the past two years in hopes of doing better than this.
Again, I remain positive, since I have no trust in any member of the media, especially since our current media is subjective rather than objective......
Zenaku,
Now that was absolutely the best article I have ever read about KBLB and Kim Thompson. It was informative and comphrehensive. Note in the article that it said commercialization will begin in 2013.
However, I think the announcement of a deal or deals will occur prior to the end of this year. Swabbling about exact dates is meaningless. All that counts is the fact that KBLB IS FOR REAL; they have a product; they are working on Gen 2 and Gen 3 , and once they fine tune those, the company will be able to earn even more money beyond MS. It also mentioned something about being acquired.
As I have also said before, I hope Kim does consider selling but NOT FOR A DIME LESS THAN $5.00! I would be elated to receive a check for that amount (as a minimum) or more for my total shares.
I tell everyone on this board to keep buying, because some day, we will all be surprised and happy, and we can enjoy the fruits of our labor.......
Manshoon,
Sorry I could not answer your post yesterday. I am only allowed one post per day, so this is it. You asked a great question.
As you know, revenue is the money coming in the door while profit is the amount left over after taking out all expenses. I have done plenty of research on KBLB reading every article and piece of information I could find for several years now.
Here is the parargrah I found while researching, "the agreement awards Kraig the exclusive worldwide commercial rights to certain spider silk technologies which the Company jointly developed with the University of Notre Dame. Pursuant to the agreement, the University of Notre Dame will become a shareholder of the Company. The University will also receive a 2% royalty of the Company's net sales of products which incorporate the technology."
From this, as stated, ND will receive a 2% royalty, and royalties are taxed as ordinary income. Therefore, it will be profit for the university....No matter what, wouldn't you think ND has a strong, vested interest in helping KBLB succeed? Ditto Malcolm Fraser "who has been elected a fellow of the American Academy of Microbiology, an honorary leadership group within the American Society for Microbiology."
Therefore, there are many important associations KBLB has, enough for anyone NOT to classify the company as a scam......
Don't forget...ND gets 2% of any profits KBLB earns from MS. This in itself is motive enough for ND to make sure the company succeeds in commercialization. It is also motive for Dr. Fraser to continue his hands on oversight, since he too is a fairly large shareholder with 3 million shares.
This begs the question of how well Gen 2 and Gen 3 are proceeding, since this is the future for KBLB beyond Gen 1. That in itself is the main concern, not if MS goes to commercialization. IMHO, that is a given; only the timing is uncertain, but I still think it is very very close. Could still be a great gift from Santa.
Watching Dr. Fraser speak about his success with MS reveals a man who is giddy, a person who knows what is about to happen with KBLB. I am sure scientists like him are fairly well-paid, but nowhere near what he would make with KBLB reaching $5.00 or $10.00. He is as concerned about Gen 2 and 3 as we are. He and ND have the motivation, and that is enough for me to be here for the very long term if need be......
Hi Silk,
I was never good at math, but (First) Mike is, and he has explained this to me several times. He explained how feasible it is for KBLB to reach $5.00 and perhaps even $7.00 or maybe even $10.00 OR HIGHER.
Of course, with the stock around .04, this seems as far away as Pluto is from earth, but it is all within the realm of reality.
Believe me, I would be elated if a buyout occurred for $5.00 a share. Are you kidding me! Where would you ever find a return like that? I dream of receiving a check for my shares at $5.00 without having to deal with selling all of them. This would be a short, sweet, no stress deal, and I would relish it. Anyone who complains about this scenario is either nuts or too greedy.
Like I said, the book is being written right now as we post back and forth, and I just cannot wait to see how the plot of the novel progresses. We have been guessing about things for years with this stock, but I feel we will know something big real soon. Good or bad, reality is about to hit us right in the face. I just hope it is all good.
I trust Kim/Ben, and I feel they are good, honest men. If Kim were as incompetent as some posters feel, ND would have never taken him or KBLB under their wing. There are big universities and important scientists involved in this stock for it to be a scam as some posters think. Therefore, feel blessed that we found this company, and keep buying as much as you can at these prices, because soon, they will be a distant memory...
Duck,
So as not to break the positive vibes here, I too agree with all of you that news is coming soon. I will go out on a limb and state my belief again that I truly feel news is coming BEFORE CHRISTMAS, probably within the next two weeks!
I hope I do not have egg on my face, but if I do, who cares! I know KBLB will do well, even if I have to wait until sometime next year. They own the game changer, and it is coming!!!!
By the way, thanks to (First) Mike again for explaining KBLB's earnings potential and possible price targets in relationship with its PE....
Hi Romans,
I personally refuse to dump one share of KBLB until I see a MINIMUM of $5.00. That could be a stretch, but I will wait to see what happens. Who knows, I may decide to wait for $7.00 or even more, depending on how things go! It will be very interesting to see how this story/plot plays out, but I will not put this book down too early like many here will.
Many folks here are happy with .30 or .50 or especially $1.00. Those who let go of any shares at any of the prices I just listed will be making a HUGE mistake, and they will be sorry later.
As this stock rises, there will be many who will their shares. Those who do will be kicking themselves several years from now. I can't tell you how many times I sold too early, but I know there have been at least fifteen examples. Had I NOT been greedy and had I NOT taken my small profits too early, I would have been a very wealthy man now. I stupidly settled for much less money.
I will not make that mistake again. Many posters should raise their expectations not lower them. Think BIG not SMALL. Of course, the addage in the stock market is that "pigs get slaughtered." However, KBLB is an exception to any such rules, and I know there will be lots and lots of disappointment on this board from those who pull the cord (made of KBLB silk) way too early....
Transporter,
If all of your other stocks are all going up, you should be elated. If it is only KBLB going down, you should be patient.
As I have said a million times on this board, it takes time before any company prepares to sign any deal(s). I once owned a penny stock which went bankrupt because it could not keep up with production. This is a big endeavor, and it takes time.
Therefore, be patient. We all know MS is here. As I said before, I believe some big news is coming before the end of the year. I also believe KBLB will begin full scale production sometime in 2013, so hang in there. Enjoy the fact that your other stocks are all going up. However, never forget this, the turtle will defeat the hare......
trains,
I agree with everything you say here. No one supports Kim/Ben more than I do. I have been heavily invested in KBLB for quite some time now, and I will patiently wait as long as it takes.
However, I have always had one concern, whether or not KBLB can create Gen 2, 3 etc. effectively enough for it to be used successfully. MS, as we know, is here. It is the other generations which represent the future movement for the company.
Again, the future for KBLB is in its own hands....
Zinc,
I know very little about SGMO. I have been a Type I Diabetic for 42 years, and I am always hoping/praying for a cure. My doctors, over the years since 1970, have been telling me that a cure is coming. It is all BS.
Therefore, my curisoity has been piqued by SGMO as it makes its way to curing some of the dreaded diseases of humaity. Do you know if there is any research being done by SGMO to cure this God-forsaken Type I Diabetes?
And this because commercialization has not begun YET...
KC,
Sorry I could not answer you yesterday, but I am only allowed
one post per day.
I want to specify that I know as much as you do. I had better say this because the way things spread on this board, the next thing you know, I will be related to either Kim or Ben. I know zero.
However, I just have a good feeling that we will hear SOME news before year end. I really believe that commercialization will commence sometime early next year, but some type of announcement is coming soon. This is what I feel in my gut, and I believe this is the scenario, all IMHO.
Maybe it's the time of the season, but I feel good about being here with KBLB, and I keep telling everyone to load up at these prices. I have been buying shares on a dollar cost average basis, a chunk at a time so as to get a better average. Now is an excellent time to load up because Santa is coming real soon.....Ho Ho Ho....
Prophet,
The hardest part about investing in KBLB is the fear of the unknown. Each investor on this board experiences some type of insecurity at one point or another.
You should be here only if you have faith in Kim, and if you believe in the goals of the company. I do, and this is the reason I am here. By your recent comments, you seem frustrated, and this too is a characterisic brought on by fear. We all go through this, as do I. Every morning, I check to see if there is any news. Then, I just go about my day, and I try to forget about the Stock Market.
However, this is a hard task to accomplish. Again, it all comes down to whether or not you have faith. By the way, losing faith exacerbates fear also. Hang in there!!! Good news is very close...
Prophet,
Good luck with that one....Timing is IMPOSSIBLE....
Excellent job again, Mike.....
dfeickeesq,
I just do understand how you can possibly consider KBLB to be a worthless POS.
Even if you truly do feel that way, why would you invest so much into a company in which you have no faith?
What is guiding your thought process now is FEAR. I have been there, and I can tell you that FEAR is a potent force which can allow people to make all kinds of mistakes in the Stock Market.
No matter how much experience one has, FEAR can guide each of us in the wrong direction. It has happened to me many times, so I know all about the power it possesses.
Be calm, stay the course, and be patient. I truly feel some news is coming very very soon. That will help alleviate the fear which is gripping you now.....GO KBLB!!!!!
ES1,
A well-written and thoughtout post...
Hi All,
Happy Thanksgiving to everyone! I had a dream last night that Dupont offered a $5.00 buyout for KBLB. We would receive a check for the total amount of shares we owned, no sweat, no toil, no worries.
In the real world, however, I have been saying this for a while now, but I still think Santa will bring us some good news. I feel we are truly blessed to have Kim and Ben working so hard for all of us. KBLB is an opportunity that comes around once in a lifetime, so enjoy the ride, and appreciate what you have in this company!!!