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mojo expected movement very soon as stated in recent posts...he believed that movement would be up...volume and movement did come and that movement was down...
id like to say it was just mm's shaking out weak hands yada yada but i doubt it..seems to have been a one day thing...
so no, that wasnt the movement i was waiting for...i believe its still coming imo..at least i hope that pitiful volume and maovement wasnt all there is.....hold on.....
yup, i just consulted with the charts and they told me its still coming...
"In addition, because the news would be highly significant, he has no choice but must release it when it occurs"
wrong
well i certainly appreciate your agreeing with me...but theres another issue here..
"Yes KBLB could get financing from other sources than CSC but only other sources of a similar nature (i.e. NON conventional loans)"
if kblb is literally weeks away from revolutionizing the entite textile industry, medical profession, construction industry, the entire U.S. military, then why are you insisting they couldnt possibly get any other financing other than what can be had from shysters and bottom feeding loan businesses?...
just doesnt make sense...
as for lower case/upper case...you lost me on that one...IS THIS BETTER FOR YOU?..lol
"Again, your difficulty is that you apparently cannot imagine that anyone might have a different approach than your IMHO very narrow focus on one approach to the exclusion of all others, much less realize that many investors combine approaches"
again, i have no "problem" nor "difficulty"...your contention was that when the market takes a dump, kblb is where everyone will want to put their money..and im saying that is false..completely and utterly false...and i dont care what your investment philosophy or approach is...its just false period...
"Many investors have portfolios with mainly low risk "safe" stocks but put a small portion of their money in very carefully selected higher risk companies"
and many investors gamble their money in pink sheet penny stocks and use a lot if not most of their money..and you dont know who is who...
"If you cannot understand such things then you will never really comprehend what the market is thinking or doing, because the market is made up of a huge number of different people with different attitudes, opinions, risk tolerances etc"
yes there are many different people in the market and it doesnt matter what they think because they dont move the market..no one will ever "comprehend what the market is thinking or doing"...do you think you know what the market is thinking or doing right now??..
"And, frankly, many readers perceive your repeated insistence that "no one" does exactly what they are doing as more than a bit arrogant and close minded"
im not sure where you are getting this comment from or even what it means..unless instead of "does" you meant "knows"...and im not sure how you know what many readers are perceiving..did you take a poll?..
and you might want to take a closer look at that statement and do a little self examination because i believe the pot has just called the kettle black..lol
"Your apparent problem is not your individual chosen investment approach: discount everything until profits are on the table. It is rather that you apparently refuse to acknowledge the validity of anyone else's approach"
perhaps the problem is that everyone who has an idea different than yours doesnt necessarily have a "problem"....
"But many others have a higher tolerance for risk and want to get the much higher returns than can be had from taking risks IF you do it right"
yes many want to chase impossible dreams...many want to gamble in the stock market instead of invest or trade..gamblers in the stock market will always lose..they may win once or twice but in the end they will lose everything...always...
theres no real "right way" to gamble in the pink sheets...the pink sheets are losers 99% of the time...but you will find proponents of the stock on every pink sheet message board telling you its a cant lose deal...and they will argue against anyone who says different...even while acknowledging that 99% of all pink sheets are losers...lol...
anyones tolerance for risk doesnt matter...eventually they will exceed that tolerance..many here gambled a little bit..and then a little more...most who bought in early are still buying today..more and more..many have even happily posted that they have bought far more than they should have...it seems their "tolerance for risk" has no limits...thats how it is when you gamble..and that approach aint valid..
"My question is this: From your statements you have a very low tolerance for risk. If that's so, what on earth are you doing messing around with an early stage biotech company"
for the tenth time..i trade..that lowers the risk...a lot....if you are simply holding and crossing your fingers that this time you picked the right penny stock then yes that is high risk...but if you wait until you believe that there will be a movement in the pps and sell as soon as you belive it has topped out then presto!..just like magic...less risk...and it doesnt matter what sector the stock is in...
"And what is your difficulty in acknowledging that other people may use other approaches which for them may be quite suitable?"
some may explain their approaches and i give my opinion as to that...if you dont like opinions then a message board probably isnt for you...
"What you apparently cannot or will not see is that those investing in higher risk stocks invest earlier and necessarily look at different factors than you because the factors that you restrict yourself to (profits, revenue, EPS, etc) are totally irrelevant to pre-product companies"
when i speak of profits, revenue etc i am talking about what makes a company legitimate..what makes a company attract legitimate investors..what makes a company become something more than a high risk gamble...and if i INVEST in a stock, yes that is certainly what i look at...but when i trade i dont necessarily care about those things either...if i did, i wouldnt be here, now would i?..
anyone who put money into this stock when it was under a penny was straight up gambling...there was no investing involved..even after it was over a penny they were still just gambling...although judging from what everyone thought and had convinced each other of back then they didnt realize it...and its still a very high risk stock to "invest" in...and thems the facts...and it doesnt matter what other factors you look at or what angle you look at them from..
"Your posts sound to me like someone going into a extreme sports store and complaining repeatedly that there are no croquet sets on display. Maybe you're just in the wrong store"
spare me the nonsensical dr phil analogies
if i were you id pay attention...the idea that kblb is a guaranteed winner is false...you need to take in all available information and evaluate it in order to determine what if anything you might want to do...and try keeping an open mind...anything else will just lead to monetary lossess...
of that i DO guarantee you...
no doubt its a situation that the company has helped foster...they are complaining they get phones calls from investors?
yet on the other hand, they love to whisper in certain investors ears sweet nothings that get posted on the chat boards...explanations for why the company never let anyone know that kaplan never was on the advisory board was spread like a rumor by the company on chat boards...some even insisted that explanation by rumor on chat boards was in fact the most appropiate way to handle it...lol
i said many times that it was ridiculous for some random investor to be able to call and chit chat with the ceo..or any of the scientists...i got blasted by many for saying that...
but its still true...the ceo should not be talking to random investors over the phone telling them anything...nothing..
that should be the job of the overpaid instant miilionare ir guy...and no one else..
they use investors to help spread rumors and fluff and goodwill but complain otherwise?.....spare me
"2) Kim was a professional trader at one point and would realize if CSC did that and would find another source of financing (since the CSC deal is a line of credit all he has to do it just quit using it"
what??..there are other sources of financing that the ceo can use??...many have said there isnt...im glad you agree with me...
not only are there other souces but those other sources should have been used and calm seas should have been dumped...
"When everyone expects the market to go down, any stock realistic prospects of going up despite a generally tanking market will become more attractive because it is a rare alternative to the general situation. IMHO KBLB is such a stock"
no one who is selling ibm is going to buy kblb with that money...not even the slightest bit of realism in there at all..
no one with any real money in the real stock market is going to invest any of it in a pink sheet one man show..not under any circumstances...
now if they get the urge to trade and kblb does even half what it claims it will, then yea, they might try trading it...some will anyway..
and if kblb should ever get to 5 bucks a share and get over onto the nasdaq, then you can count on those people to take a look...
but a 9 cent pink sheet making claims to have something and has yet to produce anything of value?...nope
"If you cannot understand what a remarkable and real accomplishment Monster Silk was and how credible it is with the ND, UW, Dr. Fraser, Dr. Lewis etc associations is then you really understand nothing about what the company is doing"
i couldnt care less what the egghead scientists feel they have accomplished... i dont care about any paper they may want to publish...i dont care how happy they are or are not...
monster silk is nothing if they cant make it cheap enough and sell it profitably to someone who can market it to consumers who want what they make..
and yes, correct...its all about the money...i dont care if the science is absolutely incredible...if it doesnt make me a dime it isnt worth jack..
i dont know what some people are considering "institutional investors" but what most experienced investors consider institutional investors wouldnt in a million years touch a penny stock...
i suppose there might some small pension fund run by some dolt who might have at some time bought some pink sheet penny stock....its possible...
but otherwise, no..
Because kblb has yet to accomplish anything...the goals keep getting bigger and further away...supposedly tons of possibilities all over the place....supposedly kblb has made some silk with 80% strength of spider silk but so far has done nothing further with that...supposedly kblb is talking to someone about that product and about manufacturing facilities and lab facilities and and and...
Probably would be good for the pps if kblb could actually accomplish something with any one of those possibilities...talk about credibility...that's the kind that's needed...not names of supposed big shots who are on an advisory board that for all intents and purposes really doesn't even exist..
Yea...sha na na Chevrolet to you too..
For the record..I have been accumulating..I expect a pop in the short term...that's just my opinion...I could be wrong...
Are you saying that the majority of those 10 bil shares CANNOT be sold into the market by kblb?
Doubt it..they don't seem to mind handing out millions upon millions of shares all over the place...it's just IMO a waste...just dilute and keep all the money and get rid of Ben and calm seas...they would be far better off IMO...and so would the shareholders and the pps
I appreciate your post..I am aware of that fact regarding the 144 filing...I wasn't going to go into that myself because I'm not here to school anyone and I was really talking about the company selling shares not Kim selling his...but I'm glad you brought it up...
for some unknown reason you keep wanting to insist that it is kim that would be selling the shares...i have said more than once that what i am talking about is the COMPANY selling shares since it is the COMPANY that needs the money...they dont have to register jack...they already have hundreds of millions if not a billion in a/s...and they call dump them into the market at any time in any amount they choose...
i can try to make it a little clearer if necessary..it really shouldnt need more clarification though...
so it is your contention that kblb would HAVE to sell on an everyday basis if it was to sell at all?....and why would that be??
and if they dont have to sell on an everyday basis, then they could choose to sell on days that have heavier volume and not sell on days with lower volume...
this aint rocket science folks..
"I'm sure ND & WY univ would never hear the end of this if its all a scam"
something tells me that notre dame and the others will survive kblb's demise...lol
those institutions are not running kblb...their interests are in the science not the stock, the company or how its run...their involvment lent some credibility to kblb but that has just about run its course...
of course the advisory was made to do the same thing...you know the board that doesnt meet and the ceo doesnt use except "as needed"....
to not apply for funding from sources that are willing to give it is whats absurd...
the goat silk guys apparently got millions...
naw..kblb doesnt need it...they have calm seas...are you kidding me?..
if a major company wanted to take over kblb, those votes wont mean a thing...its mostly for show and he knows it..
besides there are other ways for a major company to take over small fish...it aint hard believe me...
whats hard is to get a major company to think it needs something like kblb...lol
well thats just it...everyone is tossing around ideas for the spider silk that it really has no need to be used for...it doesnt need to be in body armour...and its quite likely too expensive for that purpose anyway..and wouldnt really improve the effectiveness of whats already out there...perhaps it will find some other use in that area but it wont generate massive income...
thats just the facts as i see them...as for all the various medical uses that are also being tossed around, skin grafting, sutures etc, its all hogwash...maybe theres a possibility of medical uses somewhere down the road...but we are talking so far down the road that its impossible to predict if it can be used at all..
and everyone seems to want to add another billion in the bank for every silly use they can come up with...want to know what scares away serious investors?...ill give you a hint...it aint me..lol
spider silk is a good idea..using it in the textile industry makes perfect sense...it doesnt even have to be pure spider silk..it just has to be better than whats out there..and that should make kblb a ton of money...
if only they could stay focused...they keep insisting they need pure spider silk..they want to branch out all over the place with it before they've even done a damn thing...then the platform thing whatever the heck that is...and of course theres the idea that the big brain has even better ideas to work with other than pure spider silk?..
the above has the smell of scam all over it...is it all a scam?..i dont know...but yes it has that smell...they dangle a carrot in front of you...then they put up another carrot...then another...there is no end to the amount of carrots they can have you chasing....but at some point kblb needs to put a stop to the reseach bs and actually start making some money...they need to put a stop to the borrowing of money from shysters..they need to start hiring employees and become a business......assuming they actually do have a viable product that they can market....
so yea, i agree...kblb needs to get busy with becoming an actual business that generates income....supposedly they already have a product that can revolutionize the textile industry...but they are choosing to simply ingore that?...
it should be far less than 30 days...and maybe we have different ideas of what a significant rise is...im talking 25%....could even go much higher but anywhere around 25% is just fine for me...i will keep evaluating the stock as it rises to determine my sell point..
"from a review of the charts, there's no reason for price appreciation unless there is substantial news (ie contracts or revenue generation)"
my review of the charts tell me that a price appreciation is coming...charts dont provide you with fundamental information...what will make the pps go up?...beats me and i dont care...could be company news...could be bernanke with a qe3..could be world news that the europe crises is over..could be the second coming...its just my opinion that the pps is about to rise in an amount that is for me, significant...
or i could be wrong...i am from time to time...just havent been wrong much here...but its bound to happen some day...
"i agree that the company needs to make movement soon"
no they dont...they can take their sweet time...why would they be in a hurry?..
"but any PR or news outside of significant product development or business line growth will have no impact on the overall value"
the pps is going to rise soon..and it wont care if you understand why or not...it will do it anyway..
oh so the military will spend millions to fund the goat silk stuff because its less likely to amount to anything and isnt really being researched enough?...what?..
but they wont spend a dime to help research the best thing going in spider silk?...because kblb is so well funded?..because its so sure a thing...because the military just likes to spend money stupidly?..
or perhaps they looked into the situation and decided for whatever reason that goat silk was the way to go...hmmm
no no..i think you're right...the fact that the military is spending millions on goat silk and not a single dime on kblb is really a good sign..it means good times for kblb...lol
that is some kind of convoluted thinking there..
Wonderful...so what?..lol
I believe it was just posted that the military was funding the goat silk... Now you are
saying it isn't..well which is it?...make up you minds...
One wants to say I'm wrong because the military is all over it and another wants to say I'm wrong because they are not...
"If the military is not interested in spider silk technology"
i never said they werent..i was speaking specifically about spider silk vests...maybe they want soldiers to swing around on spider silk like spiderman...who knows...lots of stupid stuff going on in the military...
answer me this..why does the military lose track of hundreds of millions of dollars?...why do they pay $10k for a hammer?..
"the military does have enough interest in spider silk to provide millions of dollars to fund the research"
answer me this...why is the military funding goat silk instead of spider silk..
maybe you are confusing funding goat silk with funding men staring at goats?..
yea the military has billions to toss around on plenty of stupid stuff....i wonder why kblb gets nothing?..
dont bother with the coin flip....just buy, hold, and cross your fingers...thats worked so well for you so far..right?
if you are talking about the pps rising, its going to be a lot sooner than that..
and that would make me correct...yet again..
we are close to a point where kblb will have to make a move...probably a fairly substantial move...hard to say which way since kblb is what it is and the market is fluctuating so much on various news at any given time...
but so far im thinking the move will be upwards...not too much longer now..
yes..thats how it goes in the pink sheets.....eventually all the people who are in love with the guy and the company will swear that the next big thing is really going to be the one that takes kblb to the stratosphere...
"Another disappointing thing about our government is they don't always go with the better product. Look at the dragon-skin armor.....far superior, and government made up some BS to not let us use it"
exactly...i mentioned dragon skin in an earlier post...now that truly was lighter and stronger...and it was tested to death and found to be better than what the military was using...but somehow when the military tested it, it failed...of course they wouldnt reveal anything about the testing they did...
the dragon skin guys went on a rampage and had everyone and their mother test their vests...ex-military, congressmen, police experts, reporters etc under any conditions using most any weapons...they passed everyones tests...
but even the congressmen just shrugged their shoulders and said hey its the military...no one can tell them to buy something they dont want..
the real problem was that the company already doing business with the military had the money to give to the right people and the company trying to break in couldnt offer as much...
end of story..money talks..
"Everyone will not be able to afford to upgrade (like most police departments in small town america), but the US military has deep pockets and will surely buy new vests if the opportunity arose"
yea and im the guy that ok's the purchase for the US gov...whatever..
sure not everyone will be able to afford to upgrade...on the other hand, no one, not even you, has even the slightest clue if a vest made of spider silk WILL be an upgrade...or will be enough of an upgrade to make a difference.....so the idea that the Us military will "surely" pay even more for spider silk vests is really not so sure at all...
"Two words for you LIGHTER and STRONGER"
lighter?..how much lighter?..an ounce..a pound?...you dont really know...and exactly how much difference will that make as far as combat effectiveness?...you dont know...but the reality is, not very much..
stronger?..strong enough to stop a 7.62 round?..the vests the military has already does that...i dont know that stronger is that big a deal...lighter would be..if it is significantly lighter...
other companies have come up with body armour for the military that was lighter than what they are currently using...this isnt new ground that the spider vests will be breaking...the military decided to stay with what they have..because after they tested the product they decided it wasnt good enough...of course the tests were completely bs...the vest were plenty good enough...its just that the company didnt bribe the right people..they didnt promise enough in kickbacks...they didnt make it worthwhile for the military to make the change...so of course the company's product failed the "test"....
and imo, the product was lighter, as strong if not stronger and cheaper than what the military was using...none of that mattered..
thats how the military does it...thats how they operate...you think just because the product might be a bit better that its a shoo in for use by the US military?..lol...no
and you should know that is the truth
"Your presence here tells me we may be getting some hedge fund involvement"
hedge funds??...one poster leads you believe hedge funds are getting involved?..wow
"It is quite remarkable the difficulty and complexity of tasks that can be planned and accomplished when you are just concerned with what actually works as opposed to just winning "points"
and then every once in a while, a shuttle blows up...or someone forgets to do something to a billion dollar hubble telescope before it gets launched..or a piece of equipment rolls out onto planet x and then just stops for seeminly no reason...
you can plan to make a vest...you can run computer simulations all day long...you can turn it into a video game if you like....but you will not know if that vest using a new type of material will stop a bullet until you take it out and shoot it..
"The "problem" is not whether or not spider silk has good enough qualities to make a better bulletproof vest. The problem is how to get enough spider silk to make one at a reasonable price"
you dont get it..it doesnt matter if a spider vest is better...that will not be enough...it will have to be a lot better..a little bit wont be enough...again, the most important thing you need out of a bullet proof vest is that it stop a bullet...kevlar does that...and does it quite well..
and yes as i have stated many times, cost is going to be the really big issue..if it costs more to make and is a little bit better..it wont work..
what part of this did you not understand?..."but are the fed gov, state and municipalities willing to pay extra for that additional comfort?......perhaps yes if it could be shown to improve the performance of the wearer"...
oh bs that they already know everything they need to know about spider silk and how it will work for them...they wont know until they make a vest with whatever spider silk kblb ends up with and test it..and i mean test it with a bullet..and then they need to know the overall cost to them and whether or not someone will buy what they make...like a said, a little lighter a little more flexible is fine...but it doesnt make spider silk a must have for anyone...does a vest get hot?..yea a little...the wearer of a spider vest wont get hot?..of course they will..and we are not talking about tennis here professor so try to stick with the subject..
the fact of the matter is kevlar stops a bullet...that is what you want out of a vest...you want them to buy your vest?..it had better be a big improvement because a little bit better wont sell it...
"Every decrease in combat effectiveness due to excess heat or excess weight puts them that much more at risk"
its actually the bullets and ied's that are the real problem..the heat you just have to deal with...and the spider vest will likely be just as hot...do you really think the weight will be that significantly less..what are we talking about here?..ounces?..gimme a break...the government is going to change everything over to spider silk for that?...you really think that?..
"I would suggest you contemplate the following question and how it applies to your investment decisions. Is it better to "win the argument" or to determine the truth?"
contemplate this...some people just cant handle the truth..lol
yes of course you would...lol eom
actually it was a question not an answer...im sure they want to see if it is in fact viable for use...that doesnt mean they have made that determination...im sure everyone on this board has already decided that spider silk as a bullet proof vest is a done deal.......it isnt..
just because a company shows interest doesnt mean spider silk vests are are gonna be flying off the shelfs all over the place...interest is just the first step...