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King,
Really amazing stuff...As a teenager, I worked in a movie theater in Pittsburgh. I saw The Graduate 120 times, so I had the script memorized. Of course, that was 43 years ago, but I remember a character telling Dustin Hoffman in the movie that he should never forget a key, important word, PLASTIC.
From then on, plastic seemed to explode in uses. Now, the new term is spider silk. I believe we are on the threshold of another revolution, and KBLB is at the forefront of this huge shift. GIVEN TIME, this company will lead the charge into the future...
Sorry..the post I sent to myself was meant for Manshoon. My computer is slow this morning, and I hit submit post twice....
I believe important news is coming before the end of this year. In fact, it could very well be November 15 give or take a few days. This is IMHO of course, but this is what I believe. Thus, I feel big news is coming very soon.
HOWEVER, whether the announcement of a deal or two comes on or around November 15, before Christmas, or by the middle of next year, I do not care, since I am here to stay as long as it takes. You see, I possess something called patience, so I am willing to wait AS LONG AS IT TAKES. KBLB has a unique, important game changing technology, so it is well worth the wait and the ride. This stock is not like Vela Tel (VELA) or many other penny stocks which exist on dreams.
Therefore, we as investors, have two choices. We can wait, or we can sell. I know my answer, but many here do not. Therein lies the problem and the reason wild speculation and rumors abound....
downside,
You certainly have a strange way to describe a company with a once-in-a-lifetime technology. KBLB is not some fly-by-night company. Their affiliation with Notre Dame and the University of Wyoming and with Dr. Malcom Fraser moves them out of the category you are describing.
Buying a good stock is like finding the right girl. Sometimes it is right in front of you, and you never even realize it. We will see how accurate your sequence of events is very soon....
Hi Mike,
That was an excellent post, very well-explained and backed up by facts....Thanks....
Mojo,
You quote:
"in fact, none of those responses will answer any questions...no wonder everyone is so confused here..."
Please explain why we are all so confused here. What is it that you know that we do not?
Es1,
Absolutely phenomenal post...
Es1,
You have me laughing my butt off about the flying saucers stealing the worms, but as funny as this is, it does make sense. Fear will lead to all types of wild prognotications.
That was a great one....I will be laughing all day about that. Thanks for the great humor.....
Mojo,
"the conclusion is always gonna be wonderful?..."
Well, your conclusion is the total opposite. No matter what Kim does or says, he is at fault; we are all wrong, and we are all mushrooms.
So, who is correct? Only time will tell, NOTHING ELSE.
Es1,
I do not understand this rumor mill about whether or not KBLB has a real lab at Innovation Park.
I just sent IP an email, and I will wait to see what they say about this. If this fails, I will call.
None the less, all of this stems from fear, a force which allows people to make up anything due to an insecure state of mind. The longer it takes for KBLB to announce a deal, the greater the fear. This is part of human nature.
Next, we will hear that Kim is not really a lawyer (Wait, we did hear that one). Perhaps it will be that Dr. Fraser is not a real person or that Notre Dame does not REALLY exist. All of these are just figments of our imagination, just like at Disney.
As frugal as Kim is, perhaps he did decide to move back to Notre Dame. However, none of this changes the technology KBLB has and its movement towards commercialization. If you do not believe this, then you do not belong here on this board.
Silk,
I agree with your entire post, although I had a hard time reading it. I am getting old, and the eyes ain't what they used to be!
"We're all betting on the same horse. Let's just hope he gets out of the gate soon. I think he's the only horse in the race!"
In particular, I liked your comparison to a horse race. It will be just that for "potential" shareholders when they find it hard to get in at a good price as the horse shoots out of the gate. Race time is upon us, and I have my binoculars ready!
Great post, es1....
No, not a mistake. It momentarily hit .05, and someone on this board claimed he sold out at the price. I did see it hit .05 but only for a very very short period.
No matter what, interest in the stock continues and for good reason. Once-in-a-lifetime technologies do not come around every day, and KBLB has it. Big things are coming, make no mistake. However, do people have the patience to wait for it? Some don't. You do, and that is a great thing.
I am retired, so I do have a bit more time to watch the stock during the day. Keep the faith...Go KBLB...
That is your OPINION. We all have our own, and we are entitled to it without constant bickering and word games. Give it up...
Mojo,
You quote: "when a substantial deal with a big name company?...more like "if"... and thats a mighty big IF..."
Again, how do you know this? Please explain. Gosh, I love the game of semantics....
Mojo,
My quote:
"From looking at the stock movement for a good while now, I see it as rather level with an upward bias." My definition of a good while is the last several months NOT one year ago. I would say the stock has a base around .04. It went down to around .0395 as the bottom, and the bias has been upward NOT LAST YEAR but over the last few months. A game of semantics?
You quote: "but i am still expecting a pop here soon although it appears its going to be a much weaker one than i anticipated." Again, this is your opinion, so why are you correct, and the rest of us are wrong whenever we mention a pop coming real soon.
Plus, how do you anticipate that it will be much weaker than you anticipated? What facts do you have to back this up? Boy, semantics is fun....
Romans,
Excellent post...and so true...
Wabbit,
I have no idea why you state the following, "you got nothing when the bottom drops out, and sadly it appears that it will."
Upon what do you base this premise?
From looking at the stock movement for a good while now, I see it as rather level with an upward bias. Where do you see the bottom falling out?
U silly wabbit, "Tricks are for kids."
I wonder if anyone noticed how KBLB spiked up to .05 for a short time yesterday. Looks like the ask is .059 this morning.
Someone is loading up. I wonder if, as I said, this could be the Thanksgiving surprise, a deal. I sense something is much closer than near term....
Hi Romans,
Sorry about the mixup. This is what happens when I rush trying to do three things at once. I did not complete my due diligence.
I guess my post goes out to those who definitely sold or those who are contemplating selling.
King,
You boys are making a huge mistake selling KBLB. I cannot tell you how many times I sold a stock which I held for a long time and which did nothing. I sold the stock only to find a few months later that it had taken off. I have kicked myself in the butt so many times, I have a permanent indentation there.
Selling KBLB, especially now, is a horrendous move, so before you say your goodbyes, remember this: you too will be kicking yourselves in the butt. A deal is coming, and I just hope it does not hurt too bad when your foot makes contact with your butt....
PATIENCE IS THE KEY TO SUCCESSFUL INVESTING!
I feel just the opposite. Carrots are wonderful for good vision, and those who buy KBLB now have an excellent view of the future...
Hi Mike,
As usual, you wrote an excellent post so that even I, a technologically challenged person, can understand it well. Thanks for your time and efforts....
Mahsoon,
Quote:
Apparently I feel the ability to be more patient and watch/wait.
I sure wish you the best. If I had that ability, I would have a ton of money. Although I like your idea of waiting and watching, the rub is what happens if some type of deal is announced soon. It will happen suddenly, and you will be fighting to get back into the stock. I truly believe the days of .042 prices will be all but over at that point.
GLTY
Manshoon,
How do you know Mike is not correct? Please explain why specifically so we can understand your point and comment....
I agree with you Mojo.....
elichen,
The Santa Surprise -- Trying to predict the future is impossible. I just go by my gut feelings, and I truly believe big news is coming out BEFORE CHRISTMAS, possibly before Thanksgiving.
Therefore (IMHO), hold the course. Many times, proverbs are correct in every day life. Proverbs such as, "patience pays off," and "good things come to those who wait" really fit the situation perfectly right now.
I am very flexible and patient, so even if news does not come out this year (and I believe it will), there is next year. I know I will get criticized for the talking about next year. I can hear it now, but these negative comments make me even more certain that news is coming. Right now is the calm before the storm. Once news comes out, trying buying shares. It will be very difficult!
So, load up at these prices, and wait for the news to come. IT WILL! Again, those who are negative and do not believe or those who have no faith and confidence in the company do not belong here. This is the case with every investment!
Silk,
Another good post filled with common sense, rationale, and insight. I agree with you 100% about November. I just have a good feeling that we will be blessed and very thankful by Thanksgiving.
We are very very lucky to have a CEO like Kim Thompson. Naysayers will diagree, but I know how much of an asset he is to us and the company.
GO KBLB, AND GO KIM.....
Es1,
Nice job...you are right on target, and I agree with everything you said...Keep fighting the fight, for one day very very soon, Kim WILL silence the naysayers with a deal or two or three. Then, we will see what they say....
Silk,
You have to understand that retiring takes effort, hard work, patience, and personal responsibility. I always paid myself first, and I socked away as much as I could afford. I never spent money on a new car.
KBLB should be part of your future retirement package, but as a smaller percentage. The bulk or your assests should be in mutual funds or blue chip stocks. Plan on holding them for as long as you can. Buy quality, be patient, and hold.
KBLB is run by a responsible man, one I consider to be the best person we could ask for to run our company. He has his critics on this board, but after forty years of investing, I know what we have in Kim Thompson. I know quality when I see it.
Never put more than you can afford to lose in any one stock, especially a penny stock. While KBLB has the potential, one never knows. I just happen to feel good about the possible future the comapany has.
Never depend upon one investment for retirement. This is a road to disaster. Sock away money every month into a great mutual fund like the Vanguard Wellington Fund. Put money there every month until you are ready to retire. You will be very happy.
Mojo,
Quote: "yes...thats what the smart money does with pink sheets...they utilize PATIENCE...they dont buy shares of a dream and hope it all magically comes true..."
You seem to be confused again. You have to separate companies which have little hope of success (95% or more of pink sheet stocks) from companies which have a proven, game-changing technology ("disruptive").
You also have two major universities invovled here. Notre Dame is the more actively participating of the two, and neither university would associate itself with some pipe dream. Plus, involved are several of the most respected scientists in the good old U.S.A. This proves to me that KBLB is a respected vehicle through which these universites and all those who own KBLB shares will succeed. There is no magician hiding anywhere, as is necessary with most penny stocks.
This is the only thing you correctly stated when it comes to KBLB, PATIENCE. I believe some announcement will occur in the "near term," just like Kim said. This why I am still buying and will continue to do so whenever the price dips around .0425 or less. At these prices, KBLB is a gift. Very shortly, we will all be saying, "we should have bought more."
Now, I am sure you will criticize the phrase "near term." You see, this is where PATIENCE comes in, and you seem to lack it...
"as im sure you know, it wasnt the first shareholder letter either..."
You did not understand. This was the FIRST letter with specifics in which he named exactly where he felt the first deals would occur. In this letter, he also stated his concern about making shareholders a priority, a concern that you had and many others.
Now, you have two choices. You can believe Kim and hold, or you can not beleive him (as you do) and sell. The choice is so easy and clear (like the up-coming election).
"i wouldnt hang on kims every word...hes the ceo..if kblb is to go bk tomorrow, he'd be telling you today that everything was going great.."
Again, it is soooo easy. You can believe him or not, the choice is yours. You seem to criticize everything he says and does. Since this is the case, your choice should be easy.
"why not just turn "near term" into a year...or two years?.." As I am sure you know, science is not exact. Sometimes, things take longer than expected. Again, you can choose to be here or not.
I am buying more, because I trust and believe in Kim. Since you do not, again, the choice is clear. Why torture yourself? I do not consider KBLB to be your "typical" pink sheet stock. They have a real "disruptive" technology. This is why I am dollar cost averaging. I agree with you that doing this with all penny stocks is like rolling the dice, except that KBLB is not like ANY OTHER penny stock.
"been doing that for some time now...has worked very very well for me...hows yours workling out so far?..."
Let me tell you this. I RETIRED at 52 years old. I am now 60, so things have worked out pretty well FOR ME so far. My house and car are paid off, and I live in paradise, the Villages, Fl. I live on a golf course with the view of a beautiful pond filled with all types of birds. Therefore, MY plan has worked out very well. I believe in Kim and Ben. I trust them and respect them.
You don't, so your choice is easy.....
Mojo,
As I am sure you know, the recent shareholder letter from Kim was not published six months ago. I feel the letter makes it quite clear that something big is coming in the "near term," as Kim stated.
Therefore, I am giving Kim the benefit of the doubt and extending
"near term" as far out as six months, although I am thinking something will be announced before then. So, I feel very confident in my statement that we will all regret not having purchased more shares once a deal is announced.
You state, "anyone wish they had bought more back then?...lol" I do not consider investing to be a laughing matter.
As I have said before, it is impossible to know what price to pay for ANY stock or when exactly to buy. Therefore, to minimize that threat, one should space out purhases.
This procedure is called dollar cost averaging. I have been buying all the way down so that my average is less. I bought more yesterday, and I will buy more today. I plan on continuing my buying until a deal is announced. That is my plan. What is yours?
Nobody,
I was busy buying today, and I will also be buying tomorrow. I just cannot let these prices pass without adding to my positions. IMHO, the stock is dirt cheap. I know some of you will say that it is cheap for a reason, but I look ahead, and I truly believe this stock has great potential.
It has a disruptive technology, and that speaks volumes for me. I have faith. Those of you who do not have many other venues from which to choose in the market. I choose to believe, and I choose to be here!
My prediction: we will all look back six months from now and say, "damn, I should have bought more..."
Hi Mike,
You did another great job of defending and explaining yourself when it comes to the potential KBLB has. This, in fact, is the reason why we are all here, to watch a latter stage developmental company grow into an income producing endeavor.
It is refreshing to read your posts after the bashing the company continues to UNJUSTLY receive.....
King,
I agree with you, and I concur that Jose found an excellent article. After reading it, I feel even more confident.
KBLB is a real gem, and I just cannot wait for the big news to come in the way of a deal. I know Kim is patiently working to prepare his company for growth, and we will all be happy when it all comes together.....
Nobody,
You make good points. In the words of one of my favorite posters, "Git'er done and let'er run!"
Mojo,
That is YOUR opinion...Many do, and that is my opinion.
Nobody2,
I could not agree with you more about everything you said in this post in regards to Kim and the enormous potential KBLB has.
Remember, no one can stop us of from dreaming, especially about a company which was mentioned in the PNAS and is affiliated with two major universities and some of the best scientists in our country. Such credentials lead me to believe that our dreaming will lead to succeeding, GIVEN TIME.
I just wish you would break up your post into more paragraphs. The older I get, the harder such condensed material is to read.
Nicely stated.....
Mojo,
Since I am unable to send you a private email, I wanted to tell you that I left out a key word in the post to which you refer. I was interrupted while posting, and when I returned, I forgot to double check what I had written.
The key word is "avoiding." Therefore, one should be "avoiding greed and fear." Hopefully, this clarifies your confusion.
GO KBLB!!!!!!