Friday, April 18, 2014 1:52:10 PM
That is about the worst reference for fact available in the OTC if you ask me.
I remember Bush saying there were WMD in Iraq too. And didnt someone say the titanic was unsinkable?
All you need to do is look up what it would require, and realize that to make $20K in shorting you would need to tie up a fortune. That fortune would be much more profitable in a safer stock working for you instead of securing a unch of super high risk stocks.
Short million of KBLB and see what you need to back the trade. Also consider what your broker will say when KBLB gets a news run and your short is a reverse 10 bagger. The PPS wouldnt have to even stay there and you would be in deep. It could just be a P&D action but you would be screwed.
Nobody is doing that.
The MMs short in order to keep the market flowing and if they FTD it shows up. Are there other means to break the law and short? Sure.... but that is not something that is happening to every stock every day like it is credited for in the OTC.
There is not enough volume or enough price change to warrant any "shorter" to even look at KBLB twice right now.
When we run that may change.
Recent KBLB News
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