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Haha, I was thinking the same thing. But not necessarily. There was another after hours sale of 80K shares at 0.086 again, so that will be tomorrow's opening price. Who knows where it will go from there - maybe below 0.086, maybe back up above 0.09.
I was surprised myself about the 17.6% SP increase over the last 2 hours, but it was only from 150K buys and 50K sells. It's a little more than normal volume for 2 hours, but not massive volume with steady SP increases, so it was caused by not having many sellers, and the sellers that were there kept raising their ask price.
Did you try going to their website and clicking on "Contact Us"?
http://www.kraiglabs.com/contact-kraig-labs.htm
Based on when he posted his message, his 0.086 was on the bid side. Since 0.086 is on the sell side now, and there are 36000+ still available, he should have gotten all of the 0.086's that he wanted.
Almost 400K sells for the day and 50K buys. I haven't seen too many big blocks, so if someone is still trying to sell a large amount of shares, maybe they learned to do it in smaller blocks?
Also, now that Andrew and others are aware that we are starved for news, I believe we will get a couple of announcements and when we do, I think the trading will react well to the upside.
20K sold on the open, another batch of 25K waiting and then a 120K block behind that. Are we gonna see .08 today?!? :/
How was I vague? And why would I ask who else has that many shares to sell if I already knew who it was that is doing the mass-selling?
I’m not aware of Company selling shares.
New partnership with Materion Brush Inc
http://www.marketwatch.com/story/liquidmetalr-technologies-and-materion-brush-inc-announces-strategic-partnership-2011-11-30
Why are 7 of your last 8 posts just vague questions that you know no one has the answer to?
This all makes it sound like nothing much will be happening in 2011. I'm not trying to push a negative spin on it, but that is my interpretation of John11's summary of John Bourque's reassurance.
I am a long holder of this stock, and I will continue to hold the shares that I currently have, even if the share price goes back down to .60. It looks like we shouldn't expect any news out of the company until at least January, so I don't think there is a reason (for me, at least) to buy more right now. I was getting an itchy trigger finger when we hit the low .60's, but that wasn't because I believe in the company, it was because I think that this stock is a pretty good gamble to take. But since I don't plan on hearing anything for another month or so, the odds are now lower for a short-term gain. However, if I see the stock down in the .10-.20 level (where some people have said that it should be fairly valued), then I will certainly be buying some more, even if only because it would be a gamble with greatly increasing payoff odds.
Asset values don't have much to do with KBLB's stock price, just like most other penny-stocks. Penny stocks (and even some Dow and S&P stocks) are heavily valued on "earnings potential". When you see a stock trading with a 10 multiple, that means that it is trading at 10 times next year's (or sometimes last- or current-year's) earnings. No one knows what next year's earnings will be, or the next 10 years after that, but that is what the market's best guess for that particular stocks earnings potential is.
As for penny stocks, and plenty of other major stocks (including lots of pharma or biotech companies), the earnings potential doesn't just amount to what the stock should earn next year times a market-given multiple. Some stock's earnings potential is just that, what the company could potentially earn. In KBLB's case, they have no current earnings, but you can't multiple 0 times a multiple or the stock would be at 0 cents per share.
There is plenty of speculation about what KBLB could earn. But speculation is just that, and no one knows what is going to happen, so no one knows what KBLB will ever earn, if anything. If everything goes well for KBLB, they could realistically have a market potential in the billions. I'm not saying that it will happen this year, next year, or even in 2013. But because it is a realistic possibility, there are thousands of people that are willing to put money into the company's stock, as a speculation that this is what will happen. How much of a weight they put in this speculation (or gamble) is up to them, and how much each share of that speculation is worth is a constantly-adjusting value determined by "the market".
If you are buying or selling, then you are part of the market, and you help make that decision. The stock price might be 9.5 cents today if that's what the market determines it is worth. Tomorrow, the market might determine that it is worth 9 cents, or 10 cents. Even with no new news or no facts changing, what the market says the share price is worth constantly changes, and it is always exactly right. Everyone has their own opinion about what the share price should be, but only the market's opinion counts.
Sorry for the long-windedness, but I just don't think that for a company like KBLB, the value of the company's assets has anything to do with the share price. The share price is honestly just the price that the last buyer or seller was willing to pay for this company's future earnings potential.
Well speaking as a developer that has seen many-a-page disappear quickly from google's indexes after it was removed from my server, I would guess that the URL of the original article posting was modified. But that is just a guess. I don't care enough to find out for sure since I can clearly see that the article is still live on the internet, but if anyone else is still paranoid about it, they are more than welcome to call the Inside Tuscon Business website and ask if URLs are modified when articles are updated (or for any other reason).
lol, are we not having a Happy Thanksgiving?!?
You act like I had a vendetta against you, or had no basis for the requests I made to you, but if you read back over the past few days you will see very clearly that I was not the only one getting annoyed by you posting the same thing 85+ times. You also asked for responses to your idea, and after getting several valid contrarian responses, you repeatedly said that you had not gotten any valid responses.
I'm completely okay with being proven wrong if other people can show me that I might be wrong, why aren't you?
That positive news was pulled from his web site and then he claimed that whilst they were collaborating with SRATS they had no financial interest, in other words the 100 million order belonged to another company.
Ahhh, the sweet sound of not-so-subtle sarcasm. I'll ignore it since you didn't mention that KBLB and ND need to have a press conference in that message! See, I can be funny too! :)
Anyway, as for the questions, I would love to have the answers to them, but no one does. However, I can give my opinions and guesses.
What is KBLB working on now?
I think the latest CC and the latest PR sum that up quite well. I know that no one wants non-exact time lines, but it's a penny stock, it's speculative stock, and it's a biotech stock. All 3 of those mean that you will never get goals reached when you are told that they might be reached.
What's taking so long for getting into the business side?
One of the thoughts that I've had recently (not necessarily what I believe) is that Kim really was planning on trying to find a buyer for the MonsterSilk created with the piggyBac worms, but then he got the ZincFingers and decided that it wouldn't take much longer and he would rather start out with the best product he could make, not just a really good product. I do web development and sometimes I get a website done, and it's good enough to go live with, but then I find some new feature or design that I can use and I know that it will make the site even better, so I don't make the site live until I have added the new features or designs. It does take longer than expected to complete the site, but to me, it's a much better product.
When is production going to start?
If you mean production of the worms, then that has probably already started. Kim says that he has already started (and is continuing to) ramping up production, which probably means breeding 3rd+ generations of worms. If you're talking about silk production, then that's anyone's guess. No one but Kim really knows if he would rather breed worms and sell the worms, or if he would rather buy his own silk manufacturing plant and just sell the silk. My opinion is that selling the silk would be the safer idea, but only because I still don't have a 100% grasp on the actual breeding and genetic-modification part of the worms themselves. I don't know if Kim can breed worms that no one else would be able to modify and duplicate. I know that the worms would be protected by international copyrights, but we all know that those don't keep anyone from counterfeiting a product. Right China?
When is the PPS going pass .12?
In negative 4 months! I kid, I kid. Probably when the next PR comes out. But if that PR isn't substantial news, or news of revenues, then the price will probably drift back down to it's current levels. Until then, I will continue to try to buy in the 9's and sell in the 12's.
Why do you continuously post vague questions? Your last few were
What is KBLB working on now?
What's taking so long for getting into the business side?
When is production going to start?
When is the PPS going pass .12?
I agree very much with fatcat "soj" & I firmly believe alot others do as well.
I'm curious If this SP is still .10 a year from now , whats your position then .
I wish people would understand not everybody has to agree with everything some of the others say . I'm not working hard to change yours and others opinions , so there's no need to work so hard to change mine .
Its has no bearing on the SP , you do know that i hope !
There is no reason to be critical of ATLLivin. He has consistently posted both criticisms and praise for BORK. I have found his posts to be balanced and informative. I am not sure why a couple of you who don't seem to have a large investment anyway care so much that you feel it is your duty to bash him. He may have been wrong a couple of months ago, but who cares? Anyone that bought on his word from a gossip board deserves to lose their money anyway.
Nobody is happy here but we can't start turning on people. It's about bork and products as well as sharing Information, ideas and knowledge. If you hear a rumor, it's not insider trading.
Speedo1,
I should have looked at some of your other recent posts before I used a vague quote like "if you knew what I know" to question your knowledge of non-public information. If I would have looked an extra 60 seconds or so, I could have used this one
I am lucky to live in sunny warm Naples. Home to more millionaires ,billionaires and CEOs than any other city in the USA.... After yesterdays share price debacle I contacted a few of my ,well, contacts this am.......and just you wait sellers...there are several huge tens of millions dollar contracts.........go Bork.
I've answered your questions, please answer mine. What is the Downside?
I just finished catching up on the past 3-4 days worth of posts and I have got to say, you need to calm down! 65 posts in 6 days, and they all say the same thing! We get it, you think that KBLB should hold a press conference. What you need to realize is that it's not going to happen just because you hope on a message board and whine about it incessantly!
The first thing you need to do is realize that the company that you invested in owes you nothing except part of the companies profits. And it's also up to them to decide how to give you those profits (dividends, share buy-backs, etc). The CEO does not owe you regular news, PRs, PCs or even time on the phone if you wanted to talk to him. You do not own part of the company, and the only right you have is to a pro-rated vote on whatever KBLB decides to take a vote on. That's it. Your only other right is to decide to not invest in KBLB and sell your shares.
Do you really think it's bitching, when the discussion affects every investor of KBLB?
I was thinking just a PR announcing a PC at Notre Dame that would update KBLB's progress, and what we hope to accomplish.
If you think having SIAL and SGMO there is a good idea, I agree. I've read so many posts that argued about their relationships with KBLB that I don't even know what it is, but if it's cool then their presence would be great.
I'm sorry if my posts are boring, but if I quit then so does my hope for a pps that should reflect the true market value of KBLB stock.
Well, KC, I've waited in silence for a year now, waiting for news, waiting for rise in pps, waiting for those that post regular on the board to suggest "something" that would raise the pps. I'm done waiting.
Just updated on their Facebook page...
A quick note from the field on a VERY successful IED test with the Department of Homeland Security:
"On Wednesday November 2nd, Kryron Terminator armor panels were subjected to IED blast testing for the Department of Homeland Security. The tests utilized live IED's against all three types of Kryron Terminator panels: the Thinline, the In-Conjunction and the Fat Boy. Various types of devices were constructed using low explosive black powder to Binary, PETN Boosters and C-4 high explosives. All devices were made of steel pipe with end caps and had additional fragmentation added (nuts, bolts, screws and nails). The panels were set at standoff distances from less than 10 inches, to contact shots placing high explosive devices directly on the Kryron panels. Not one of the Kryron Terminator panels sustained any penetration from any fragmentation. Several of the panels were deformed and proprietary materials were melted from the blast over pressure and high heat but maintained sufficient structural integrity to defeat fragmentation."
Correct, so even if he sells all 450K shares over 40 days (it's actually 29 trading days when you take out the 10 weekend days and 1 day for Thanksgiving), it averages to 15.5K shares a day. That's an hour or two of trading.
That's less than 2 days of volume and we've been in the same range for the past 2 days. Unless he tries to make one large sale, the price isn't going to drop just from 200K shares.
but I would think that ... Kim he could easily made a "monster worm" using the ZFN to insert the spider DNA. Once that is done ND would be out in the cold
If kim had said "All" we would be arguing about if ND has rights to ZFN silk.
Agreed, but I'm confused about this part, maybe someone can clarify it for me.
The subject of the agreement is the definitive spelling out of rights for the commercialization of what the Company refers to as "generation one" spider silk technology.
The phrase "certain spider silk technologies which the Company jointly developed with the University of Notre Dame" most likely refers to all of the joint development work
Didn't you write
The truth is that there is 100% certainty that it will be good news. It is so early in the ZF game, that a failure of 100% SS would be a success. IF it missed the loci entirely or partially, then it can be viewed as a positive.
I had already replied to it as well. If it was all meant sarcastically, and you didn't mean it literally, then I apologize in advance. My sarcasm-detector might be on the fritz. :(
WOW do you know how much Power you have over KBLB!!!!
At 1:19 you posted your first somewhat negative message.
At That time KBLB's PPS stood at .105
Within the next 2 hours KBLB;s PPS dropped to 0.096 a full 10%!
Remember all those posters here who said that the market did not care "un-pet-de-Lapin" about this little obscure KBLB board.
We sure showed them, didn't we!
I'm just playing Devil's Advocate again, but your entire recent outlook change seems to be based on the lack of news from KBLB. Is that correct?
If the removal of WSP was all that was necessary to achieve pure spider silk and the ZF GMs worked to acieve that AND the lack of any WSP at all did not cause problems, they WHY has there been no announcement of success? Reporting of material events is required and there could be no more significant material event possible for KBLB than the achievement of "pure" spider silk!
You still do not seem to understand the separability of process and product.
The fact that the Monster Silk tm. worm exists means that a silk worm can be, has been, created that produces fiber incorporating spider silk protein...
I couldn't find anything in your post that I disagreed with. This is exactly what I've been trying to tell people for weeks.
Quote:
However it now appears that the simple removal of WSP was either not the only problem, or, as I very explicitly warned that it might, the lack of any WSP at all in itself causes problems.
Where did you get this information that you are posting as fact?
NO, That is a FACT! The Monster Silk tm. worm EXISTS
The fact that the Monster silk tm. worm exists proves that unlike that other company we know that if the CompoZr process makes the insertion properly the worm WILL produce near SS.
The Zincfingers worked, but the outcome wasn't what was expected. My point was that the same exact same thing can happen to KBLB. I said 50/50 because we will either get good or bad news, but neither you nor I can put specific odds on the outcome.
Um, we're down 8%, and you don't think that's dropping fast? If we have another day like today, we'll be back in the low 9s again.
And do you really think that "the odds are high that Kim T. will release Some kind of news just to appease the Mid-Fallers and keep close to his announced schedule"? Do you think any CEO of any company (tiny to huge) does anything at all to appease whiners on a message board? I really hope that you don't believe that.
I love how people (this is not just referring to you Mike), keep posting their predictions with such conviction. Your guesses (which more likely your hopes than guesses) are the same as tossing a coin. The positive hopes / guesses are actually less accurate than a coin toss because a coin toss would (probably) make you right half of the time (if you kept predicting the same outcome over and over). Yes, the longer we go without news, the more likely we are to get news. But that's statistics, not skilled prognostication. So I guess if you guys (and girls, kinda hard to tell on the internet) keep making the same prediction over and over, eventually you will be right.
But that is only about when news will come out. It seems that most people are only believing that positive news can come out. Do they not remember a few weeks ago when another company using ZingFingers finally released news, and it wasn't good? I would hope that everyone is keeping that possibility in mind while making predictions and "guarantees".
I do hope that we get no news this week and we see a large price drop so I can start buying again. I did miss out on the last chance I had while I kept waiting for it to go "just a little bit lower". I am still positive on the stock, and I do hope that when news comes out, that it will be positive. Of course, I think that it's still about 50/50 either way.