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Carry,
The PPS of kblb will run up when Kim signs a deal or deals to begin production. Once those deals are agreed upon and signed, production will start, and the share price will move up.
Then, once kblb shows positive earnings, the price will really go up.
Right now, we are in a holding pattern with the stock until the day Kim announces any deal(s). That will be the next catalyst to move the share price higher.
In the meantime, accumulate as many shares as you can, and hold them for five years minimum. You will be glad you did.
Remember, real wealth is created by purchasing stocks and holding them. Trading them can create losses due to panic selling. Traders make small gains, peanuts next to buying big and holding long . The wealthiest people in America who made money in the stock market did so holding stocks long term.
Mojo,
This is one of your better blogs. It actually makes sense without being as negative as you usually are.
I liked your discussion of the iphone and aapl. I recently emailed Ben about kblb's progress, and he felt Kim is doing a fine job since he has brought the company a long way in a relatively short amount of time. He also said that kblb is now where aapl was when Steve Jobs first took over the company. The stock was so cheap then selling for just $5.00 a share. The comparison is telling. Those who bought aapl at those prices are now very very wealthy.
Therefore, as I have been saying to everyone on this board all along, THIS WILL TAKE TIME TO PLAY OUT. Buy as many shares as you can as quickly as you can, and hold onto them.
Long term is a relatively unknown phrase these days, since traders want to become rich in two months. Buy kblb, and put the shares away for at least five years, and you will be a happy camper.
Elichen,
You did a wonderful, thorough job of explaining why KBLB is such a valuable inventment and a great LONG TERM HOLD. At these prices, one should load up and accumulate as many shares as possible, put them away for five or six years, and then see how happy they will be.
Yes, it will all take time, so sit back, relax, buy and hold, and watch the fireworks whenever they begin.
Spongeni,
Any purchase price of KBLB shares below .10 is a wonderful bargin, a steal.
Keep accumulating, and then put the shares away. Long term holders are the people who have made real money in the Stock Market NOT short term traders.
HOLD KBLB SHARES LONG TERM......and you will thank me some day.
Es1,
Since I have seen it all in the penny stock world, at times, I tend to think of every possible scenario. Here is one that comes to mind when it comes to the textile world.
Is it possible that shirt makers would not want their shirts made of a product (monster silk) which would not wear out as quickly? With MS, shirts just would not wear out as fast, therefore, consumers would not need to buy as many, thus causing the shirt/clothing makers to sell fewer products.
As you can see, I look at the realty of every situation. Of course, this scenario may apply to ropes, parachutes, and any consumable product for that matter.
Es1,
When you are trying to buy and sell as fast as you do, you are taking a risk, as you know. What if you sell @ .08, and news comes out over-night about a commercialization deal? You will never get back in below .15 next day let along .08.
Over thirty-five years in the market has taught me many things, most important of which is the fact that long term holders are the folks who REALLY make money. Traders only make PEANUTS.
If you want to become wealthy, accumulate as many shares of KBLB as you can now, and forget about them. Go about your life and pretend that they do not even exist. Five years from now, you will be wealthy. The peanuts you make trading now will be long gone by then.
Yippy,
Fear and Greed drive the Stock Market. You are giving into fear at the moment. You should be buying more NOW. The people who make money are those who forget about fear and buy when everyone else is selling. Be a contrarian if you want to make money.
Then, once you buy more shares now, forget about them. I guarantee that if you hold these shares for five plus years, you will be wealthy. Remember, REAL money is made by purchasing good companies (like kblb) and holding them for the long term.
Trading in and out, you will NEVER make the money you will be holding it long term, a minimum of five years.
My goal is six years from now. That is when I plan to sell. However, I realize how hard it is to wait that long, especially since we live in an instant gratification society. People want to make money in several months. Things take time, especially science. Give Kim the time he needs to put us all in good financial shape five years from now.
Es1,
You did a great job explaining your position here.
I think it is reassuring to know that Malcolm Frazier (who owns 3 million shares) and both universities are so deeply involved with this company.
I have been investing in penny stocks for over thirty-five years. I cannot tell you how many times I have been burned. However, for the first time in my life, I feel confident and good about KBLB's chances.
Investors should buy as many shares as they can, especially at these prices, and then forget about them for at least five years, preferably ten years. They will be wealthy by then. Holding KBLB "LONG TERM" is where the TRUE money will be made, NOT TRADING IN AND OUT.
Mojo,
They are NOT past the developmental stage. If they were, then they would be EARNING money. That is in the very near future. Once they earn money for three solid quarters, then they will move off of the pink sheets. Until then, Wall Street considers the company "developmental."
Since FROG and OREO hold interest for you, try "trading" them. You can eliminate a lot of stress by moving onto another stock besides kblb. You will not have to be so concerned about all these issues if you choose to move on.
Mojo,
I do not know how many times I have to say this, but KBLB IS A DEVELOPMENTAL COMPANY. That means it must develop! Yes, they have not sold anything yet because they are still developing. I do not understand why this is so hard of a concept to grasp.
There is no set rule for how long anything takes. Science is tricky, and things take time.
If you "have made a ton" following your own advice, then why the hell does it matter what KBLB does or does not do? Keep following your own advice. Try moving onto another stock where your stress level is not so high.
I gave you examples of other stocks to buy, OREO, FROG, VVTV, KGJI, UBRG, GNBT, BONU, VELA... the list goes on and on. Find another stock where you feel the CEO is doing a good job, and where YOU feel success is at hand. That way you do not even have to listen to the CEO at all. Then, buy and enjoy the ride.
Mojo,
How can you possibly say Kim is a horrible CEO. The price of the stock was below one cent, and it rose up to close to .10. How horrible is that?
Developmental companies take time to "develop." THUS THE NAME!Even if production does not begin by the end of the year (and I know it will!!), it will surely come. Therefore, six months up or down is nothing for a penny stock. Do you not think it would take at least 19 months for the company to reach the level it is at today? The company is close to production. That took 19 months, which is amazing. This company is moving and growing quickly, and things will happen much faster than you think.
However, things take time. Unfortunately, you are looking for a quick buck by trading in and out. This is not the stock for that type of trade. Look at OREO or FROG or KGJI or VVTV. These are stocks which have been pumped and where you can make a quick buck by trading in and out.
KBLB is a relatively stable company. The price does not move up or down too much (at least FOR NOW). If you are tired of waiting, then move on. Luckily, there are hundreds of other choices for quick profit (and losses).
igotthemojo,
It seems like you do NOT have the mojo when it comes to kblb. You have to quit being so negative and chill out.
I too wonder at times about the secrecy involved with the company, but I know Kim is a very close to the belt type of guy. Being that we are so close to production, you have to cut Kim some slack. Nothing comes overnight. Time and patience are the keys here.
Kim runs the company well, and he just needs time, and we as shareholders need patience. By the end of this year (only seven plus months away), you will have many answers, so, in the meantime, relax.
Carry,
It does get frustrating when one looks at the pps of kblb. The company does have so much potential, and this alone should have the share price much higher. In a way, I look at this as a blessing, since Kim is not pumping the stock. It will rise on its own merits some day.
By the way, the BETA (which measures the risk of a stock) for kblb is only .67. Anything under 1.0 is very stable. If you look at the BETA for Kellogg, ConAgra, Sara Lee, or General Mills, they all hover around this BETA. This is unheard of for a penny stock. Therefore, Kim is running the company very frugally and effectively.
At this point, I must ask what Chubby Checker asked, "how low can you go?" This is where the fear and insecurity come into the minds of shareholders. My wife and I have a boatload of the stock, and we are long term holders, so we do not trade in and out. Our time frame for holding this stock is six years, UNLESS THE OUTLOOK FOR THE COMPANY CHANGES.
I am sure that the curtain will reveal the real KBLB before the end of this year. Therefore, be patient, and let us see what this year brings. We will know so so much within the next seven months.
Hi partick101957:
I have said this before. KBLB has many reasons to be secretive about everything it does. Due to the competition, the company keeps things under wraps purposely. It holds many proprietary products, and it wants to keep them that way.
Therefore, there is no need for addresses, phone numbers, pictures, or other important information to be floating around out there.
Just be happy that you have been informed and appreciate what Kim is doing as president and CEO of the company. You can search all of Wall Street, and you will NEVER find a better leader. He is frugal, smart, and he knows exactly what he is doing. Give him time, and be patient!
So, just keep buying the dips, quit complaining, hold onto your shares for the long term (versus trading in and out), and let Kim do his magic. Several years from now, you will be a happy shareholder.
Very good points....
chaarles,
Again, it is great to dream. There is NO WAY this stock will ever be trading in the $20.00 to $30.00 range in a few years. Of course, I am not sure what your definition of "a few years" is.
It could be possible in ten years, but even that is stretch.
I would be happy as could be if the stock reached $5.00 in three or four years. That is my conservative goal....one I would embrace and celebrate.
chaarles:
You have a vivid imagination. In a few years, we would be extremely lucky to see kblb @ $5.00.
However, no one on this planet would want it to run to the 20's or 30's more than me.
I just do not think that is feasible. Of course, I could be wrong, but my sense of reality just does not allow me to see it at those prices. It is good to dream though.
King,
Thanks for the great audio interview with Dr. Malcolm Frazier. I have never heard this one before, and I found it to be very telling. When you consider the people involved with this company, it is truly amazing.
All you have to do is look at the involvement of Notre Dame University, the University of Wyoming, Dr. Frazier and the entire list of distinguished scientists working with him, as well as the PNAS article and the article in the textile magazine.
The facts listed above in the second paragraph have made me change my mind. I am starting to believe that this company IS for real.
By the way, I received an email from Ben H. today where he said, "I don't know of any reason that the company would not enter into an agreement (s) this year." Therefore, as a large shareholder, from now on, I am going to sit back, shut up, and let Mr. Thompson do his thing without criticism.
There are many proprietary secrets involved with this company. Thus the secrecy! I now understand why we do not have a photo show of the lab or an update every two weeks. Nothing must be exposed to the competition.
Therefore, buy on the dips, quit complaining, be patient, and hold for the long term. Trading may make you a little money, but you will miss the big ride several years from now. Longer term holders always make more money than short term TRADERS. Hang on, and let Kim do his magic!!!!
Hi Mike,
You make excellent points I never considered. That kind of makes feel like there is some type of cushion under the stock.
I am willing to exhibit patience, but years of wear and tear and market abuse have made me a bit jumpy.
Here's hoping that Kim REALLY does the job and that the pps follows.
Bob
ES1,
You have a good grasp of the subject matter when it comes to kblb. No, I have absolutely no concrete proof to believe what I said. It is just the pessimism I have developed after getting my butt handed to me time and time again. Over the past thirty years, I have lost plenty of money on small companies. These companies, to me, seemed like a sure thing. They had wonderful products and were about to "begin production." Common sense made these investments unstoppable!
However, not even one of them worked out. Therefore, forgive my pessimism, but common sense and expectations just do not work when it comes to investing in the mine field we call the Stock Market. I need concrete proof such as signing contracts and starting production. Should these two things actually occur, then I will join the ranks of the true believers.
Es1:
I am glad you are saying that "Kim will succeed" in making a sale. I have a boatload of shares, BUT I just have a sinking feeling that Kim will play the production card all this year. I just do not believe that he will sign any deals or begin any production this year. This puts me in a dilemma, hold on or sell.
No production or contracts will combine to drop the price of the stock back down to one penny. I just refuse to watch the share price drift lower for the rest of this year and beyond. Thus, the dilemma.
I have the amount of shares I do simply as an insurance policy in the event that the company really does make it, although deep down inside, I just do not think they will.