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Plesently surprised to find that half my 10s sold at .255 this morning.
This will allow me to grab more tomorrow near .20 if it gets there.
KBLB still unexpectedly strong.
My kids now have nearly 300k shares each when I die.
Pretty shocked the PPS broke 20 already.
I was looking for .75ish for my retirement fund last run.
Pretty sure it's in the bag this time. Only need .32.
Seems like the way it's going it will get there before the news.
.243 already today.
I think the news is something bigger than what was on my list of guesses
Interesting close.
.209 was a nice paint at the end.
It was above the ask so not sure if it's a proper close or not but the .2079 is pretty much the same.
It's a little higher than I expected till Thursday.
Wont be a popular guess but I think it pops up a little at the open and could drop back to the 18s.
Just a gut feeling.
If not it's got better support than I would have expected and the .24 could be the pps on Thursdays close.
Anything over .24 IMO is a bit of a leak of great news to come.
I didnt think the market was willing to risk that much till we were closer to PR day.
I am hoping Kim holds off on news till the 15th. I have a substantial settlement check coming and would love to take a gamble with it as an all in bet but I wont do it over .25
Strictly technology guesses would be ballistis protection, maybe something medical like antibacterial sutures, or something we have never thought much about like fiber optics.
I have heard things like "pure" spidersilk, but that's just not a possibility from a worm.
Darwin bark spider DNA strain maybe?
Something like a polartec jacket made of DS
Think tomorrow should pretty much look like today. Could drop slightly but only at the open.
It should keep creeping up to .20. Dont know if it will cross over 20 till we get closer to the press conference.
End of the week and monday should have some pretty strong up pressure. Same thing we saw today into the close.
I am pretty sure we will hear from Kim next week if not tomorrow.
Hes going to want to release info to give reason for a press conference.
Expecting the same scenario as the breakthrough release and confrence.
Any guesses as to what the announcement is?
I am down to one of 3 guesses. A partnership sample release, a delivery of the first ton of spider silk or a Military contract. In that order of likelyhood.
JMO
Another good chunk today in the .167s
Should have jumped sooner but I have to stand by my rules.
Think I am at my highest average share price ever now. .0716
It appears that you entered knowing about the RS since you entered after it was announced.
Why would the RS be a reason you left?
My 8s still stand but I doubt I will get them. They were always in case of a panic sell.
I did not sell my 10s. I will hold them till the press conference at least.
The .14 area is a comfort zone currently. I was debating buying more at .14 but I am holding out till next week and see if I can catch a .12 dip.
More than doubled my holdings since .25 and have enough to almost double it again if it had hit .08.
I am looking at .12 or .17 whichever comes first.
Have to disagree on your statement that success differs with the pps when it happens.
When it happens the market gets a brand new ability.
We can see how much money they make.
At that point pps doesnt matter. The sharecount does.
As soon as the fundamentals are available a reasonable price range will be established.
Yeah for a few weeks the market will over react but then it's all about production and not waiting for the next PR you go to the moon
In at .103 and a much larger buy waiting at .082 in case it gets there.
I doubt the strength comes from hoping for news today.
That might have been yesterday's excuse but if we were waiting on news it would have dropped with the lack of it at the open.
I do agree it will drop this week but we are also close enough to news that buyers could begin coming in this week.
If it can close over .115 today I think the pps might be safe.
If not I think we see a close in the 10s this week
Would also add that while our scale is 1-10 we only need 7 or better to maintain that population and the average will be around 6 on the scale.
Most of what we make will be good enough for breeding so finding the good cocoon wont be so hard
Personally if I had to run the operation I would have my commercial operation running a supply that would be graded in the same way all silk is.
Our worst is far better than mundane so I would grade it and price it accordingly.
Then I would have a smaller lab that is hatching eggs every day. You would have a very small population of high quality worms. The majority of eggs would go to production and the rest used for quality control.
If a person can test 100 cocoons I would have 100 eggs a day hatching in the small lab.
You would be testing 3000 cocoons a month.
I would guess that testing is much faster than 1 every 5 minutes but if not I would buy a second test unit and hire a second tester.
I would think the test would only take a few seconds. But the point is it's just a basic math problem from that point
QFS not sure why your response was removed but the solution to your question is to have 5 people running tests and they are done in a day or two
Because as you are well aware getting a business license doesnt mean you have approval of the government to import a GMO
Looks to me like it will break into the 10s today. Either Kim will put out a PR next week or we will see if the market likes the .10 bottom.
If it breaks below .10 early next week we could see .08 as a new bottom.
My guess is .10 will hold for a week or two.
Looking at long term forecast I think real winter there is over. Kim should start sooner than late march.
I think that PR may come next week to stop the pps from falling.
I will buy some in the .10s.
I will hold off on buying more till the pps breaks .12 or .08
JMO
BT created limited supplies...you ever hear of anyone recieving any of these?
They could have I suppose but a $400 tie is not actually functional.
Especially when it rips the first time you tie it.
Samples are easy. Spiber also made a "functional" sample of a dress. As long as a dresses function is to be clothing it isnt actually functional either.
Samples are not functional unless your company goal is bankruptcy.
My point stands. We have heard nothing from either company in quite a while when both were supposed to be in production years ago and their hundreds of millions in funding dried up.
How does a company like BT survive years without funding when they were spending 10s of millions a year?
Just my opinion but I think the current round of goo companies are about dead.
I have not really followed them recently but if I am correct it's been 2 or 3 years since BT got any funding and Spiber seems to have fallen off the map in the last 18 months.
I am a firm believer that goo will never be made into a functional fiber.
It's like dissolving a bone in acid and trying to reconstitute the bone after.
You know what's neutral? Not saying anything to imply any sort of good or bad.
Either you say something or you dont.
Any "hint" is obviously motivated by the desire for a reaction of some sort.
Ego, price change,rumor birth or whatever.
So best thing to do is just realize "I know a secret" is BS.
I have yet to see a single person in a decade that knew anything about the company in advance.
We have been told everything from "big buyers" in the wings to huge corporations being connected. None of it has ever come to pass.
Kim tells us what we know and we all get it at the same time.
We know that in a week or two they will start up again. We know kim doesnt think the corona virus will have any effect on the company.
In a month or so Kim will let us know how things went.
The day of reseeding the crop is drawing near. We can expect rumors and secrets to start being hinted at.
Still waiting to see if .10 breaks myself.
What makes you think it will?
The way I see it they will be starting a spring cycle fairly soon.
That's around mid April before they ever get cocoon to process.
The virus will run its course by then most likely as the others have.
VN only has a few cases and same with all countries except china.
It's going to cause some issues in the world still but it will be over before it can have much effect on KBLB.
Pretty much over now because the world is aware and quarantining infected people it will still spread a bit but the worst is over I think
Apparently a company has a vaccine for it now. Inovio announced they have the vaccine but distribution wont be till summer.
We will see if the claim is true.
I am hoping this drops back to the .10-12 level before we get news.
Pretty close to reload time. Few weeks left to go I think.
Hey Golfer, you are one of the few chart readers here what's your opinion on gaps?
If we had an open gap up that was closed by an open gap down which is closed by a gap back up do we still have an open gap?
That would be really great. I am pretty happy with the .145 area. I wasnt sure if it would break .12 today but people seem pleased enough with Kim's response to the shareholders.
Its should be a good month for traders to collect shares over the next few weeks.
I think the flatline pps we were in will be a bit more of a rollercoaster now.
This will help but I personally am not pleased. They "discovered"?
I think they should have known both situations in advance.
Never the less this should at least keep the pps above .10 I think.
We will see
That seems totally typical of the OTC.
People always ask how to trade before market because they see trades going through.
This only happens on spikes
But the fact is nobody here is in the loop on real time info and never will be.
MMs for a company "require" their clients to let them know in advance that a PR may cause a large move. The excuse is that they need to know to make the market run smoothly and they swear they wont trade on the info but we all know better.
I still remember the 2011 fall when the pps would gap up in the morning and trade down all day only to gap up in the morning again. More than 2/3 of the daily volume would trade AH and the volume was hidden from the chart in this way.
I believe the week we broke below .18 was due to insider trading but proving it when the SEC could care less is impossible.
It isnt what you know, its who you know that matters
I buy at various price points so if I have some .11 shares I will add enough .08 to make a profit.
But no I am not under water at all still holding my .015s some .03s and .05s
I dont see a lose of potential gains really.
It isnt like the potential gain was lost.
I cashed out most of my shares at 10x my average.
I made more(not much) yesterday. And with the falling PPS my potential gains have increased since if I reinvest at the proper time I can buy 10x my original shares and gain the potential of 100x my orignal investment.
Dont get me wrong I am not happy with Kim either. His words did keep me from selling at .50 even though I knew the pps was too high.
So in that sense I did loose potential gains.
I assume kim knows the temperature fluctuations can wipe out a crop but Kim is not there every day to see what is happening.
That is Kim's fault.
You cant run a start up from 20,000 miles away.
A tin shack isnt the best place to try to make a controled environment.
This is Kim's fault.
But...s#*t happens.
Where I am pissed at Kim is in his PR.
As I stated it's our responsibility to know what we own Kim's lack of detail in communication is the reason the average shareholder doesnt know these things.
The "lack of infrastructure that caused the pilot program fail was supposedly fixed by dropping it into the existing infrastructure.
But from reading information like the link I posted you find out that many areas that raise silkworms use charcoal heating.
The CO2 content can totally screw a crop.
That is part of the infrastructure.
Is this what happened? Who knows? Kim wont say.
I wonder how many people told him it was too cold to raise the worms? Did kim say try anyway?
There are trust issues here that are justified.
This is why we hear mojo point out every "should be" or "soon" in the PRs.
Kim is failing his investors by only speaking to them about gain and not risk.
The potential gains still exist but the trust doesnt.
That will keep me from believing in him next time it hits .50 and stalls.
I will sell and if the pps climbs I will lose more potential gains because of trust issues.
In that way yes my potential gains are screwed.
If kim isnt careful he will end up with a class action against him and that can screw everyone too.
Beast I am sure many will cuss me out for this but you are absolutely wrong.
Kim isnt the investor, you are. You are obligated to be as informed about what you invest in.
The information is easily available. I have posted it and have explained it many times over the decade+ I have been here.
It isnt the cold
It is the cold, heat, Humidity, air flow, gas content of the air, the amount of light, lack of light, water content of the worms, water content of the food, the type of food, the age of the trees, the age of the leaves.
ALL of this combined results in various differences in the silk from the thickness, smoothness, length, color etc.
This is why every silk farm on the planet including ours has various grades of silk that need to be seperated by a master silk inspector.
Everyone is blaming Kim because they held an overpriced stock.
They only held because they fooled themselves into thinking millions of silkworms must spin fibers of gold.
Fact is that this company had not produced an ounce of product and has sold nothing yet somehow they let themselves believe it was worth a half a billion dollars and would be bought out for 10s of billion and many other fantasies.
The company is going to fail many times this year. Currently the cold is screwing up things.
My guess is our steel shack is not the most insulated and that while it may feel fine to humans a 5 degree fluctuation while growing can ruin a batch of silk.
In the summer it will be the heat.
In between will be human error or many other things until they develop a system. Even then our 4 tons will turn out to be 500 pounds of 8 different variations.
Anyone blaming kim should take a few min to read the link below. Get informed. Know your investment. But we cant all just praise Kim as a genius when the stock is over priced, them blame him when the pps drops.
Anyone complaining who held from .30+ till now by convincing themselves that stocks never go down is being blind to their own faults and trying to pass their own faults on to Kim.
JMO
But by dealing with this investment as stated above I have not lost a dime on KBLB this year or ever.
KNOW what you own.
https://www.hindawi.com/journals/psyche/2012/121234/
For the record I did end up selling my .105 at .125 and decided to wait.
I dont think the .10 psychological support will hold.
My guess based on volume is that we get another drop tomorrow at the open and a much harder time climbing back above .10
Think we will be hanging in the .08-.10 range for a month.
I also believe we are going to be canceling the RS and uplist till q3 at the soonest.
Reason being a 1:40 wont do any good.
A RS would put us below .05 and the ratio would need to be closer to 1:100 which was not approved by the shareholders.
Kim should PR a cancelation of the RS.
This would at least get us above .10 while we wait. A production PR in march would put us back in an uptrend. In Q3 he can have a meeting and attempt the RS after we have an actual delivery of samples.
JMO
It isnt really a matter of low supply really. The weather is likely a bigger issue.
In low humidity like in winter the mulberry feed stock dries out and this effects the quality and growth of a silkworm drastically.
The worms end up needing more food because the mulberry must be changed often to keep the worms growing.
Leaves getting dry while being eaten lower the water content of the worm and can cause a much longer growth period and different weights of the shell and length of silk.
Big question is are our worms bivoltine, multivoltine or polyvoltine.
Each type has it's own issues with climate and light.
Kim needs some old school experts to work for him.
If he is having climate issues the summer will be harder to deal with than winter because of heat stress protein.
There are so many variables involved there is no telling what the issues really are
Important question.
Was the first batch the failure or was it the recent batch that failed?
Kim could have a small amount of fabric if the first batch was good.
He really needs to give us an update with some facts in it. A little reassuring would go a long way right now.
Well I knew at some point the gap would close but I was not expecting this sort of closure.
The chart is pretty broken.
Mob mentality is taking over.
I will guess that today we get a .14 top and close near .11
Will bottom out around .08-.10 over the next few days but it's really just a guess.
My gap close buy went through this morning at .105 while I was asleep i put them back up for sale at .14 but I am debating selling them since we have 2 months to wait I see this leveling off at the .08- .10 area for a few weeks.
All just wild guesses.
It will take a couple of days for the chart to really see any kind of support.
Really did not expect this PR at all
Woke up thinking the RS happened.
Question I have is was the stoppage caused by the recent batch or was it from the last batch?
Think we will stay above .14 for a few days but if the silence continues we could see the gap at .11 close.
Think we will close at above .16 today but below .15 tomorrow without news.
This held at the .20 level for too long. When the market finally gave up waiting the drop was faster than it should have been.
It's almost time to reload for those who sold at .25 and above
But still waiting on that RS news to buy in
You ready to do what you demand of me and say you are wrong yet?
I will go out on a limb and say we will be getting a PR after hours today or at the open of the week.
And it wont be about delivering anything.
.16 is the support line now.
I think it will break if volume is any indication.
After .16 the next real support is .12
It must hold .16 or the exodus will cause that .12 to happen.
I was hoping the pps would hold 2 more weeks and Kim could boost the pps one more time.
But my gut tells me we will be getting a new share structure for valentine's day
Would be really nice to see this head fake and close at .19 again
If Kim waits till march we will be looking very bad by then.
Wont be amazed to see a few fluff pieces if you are right.
I am not sure which would be worse silence for a month of a couple of say nothing PRs.
I still thing we get some decent news by the 4th.
At least something saying our first roll of fabric for samples is ready
"Impossible"
Just a mathematical estimation based on the history of KBLB worm generations and processing times
Been here since 2009 and you are right. The profits have been huge but if it wasnt for the short term noise in the background the profits would be a fraction of my profits.
And not just with KBLB. What I have learned from this stock and the markets reactions to it I have applied to many others and made huge profits there as well
Kim has no IP.
He has no product. He has no revenue.
A buy out would be lucky to get a 20% premium.
That's why a buy out is stupid.
In a month the company can get a product.
That step alone would double the premium.
Why would he sell out now?
When kim has an actual sale or contract the pps would be 5x higher than if he took the premium today.
It wont be for 2-5 years till kim may contemplate a buy out.
I think hes more likely to buy a company to merge with