InvestorsHub Logo

es1

Followers 153
Posts 16535
Boards Moderated 0
Alias Born 07/13/2009

es1

Re: jazz710 post# 109158

Thursday, 07/21/2016 2:38:46 PM

Thursday, July 21, 2016 2:38:46 PM

Post# of 278274
We hear this alot about IR momentum.
Any long term shareholder is not worried about the pps from going from .02 to .04.
They want the company to grow out of being a penny stock.
Kim should not be concerned about if the pps satisfies penny flippers like me.

Momentum is why people are butt hurt.

We have all heard how "kim let the pps drop from .25 to .02."

But he didnt. The market did.

The pps should have never been .25. The company had nothing to make the market cap anywhere near that pps

Kim needs to concern himself with production of the right silk. If he succeeds in that the pps will take care of itself.

While using momentum and plastering the media with news every day will only cause a spike and retrace. Next thing you know people call it a p&d and the false momentum actually drops the pps.

When they had nothing the pps was .015 and only 500m shares.
The pps after the breakthrough should have been slightly higher not 20 times higher.
Now we have the army testing. Again the pps should be slightly higher not a 2 or 3 bagger. The results wont be seen for a year.

Kim should not be thinking about momentum until he has a product for sale.
Otherwise the momentum up will be considered a pump and the momentum down will be blamed on kim.

You can not expect any company to have real upward movement without an income.
We know this is a start up. It shouldnt have a pps over a few cents until they show the market some fundimentals that show growth.
Technically it shouldnt even be a public company yet. We are lucky kim chose to make it public while it was a start up or we would be paying much more a share at an IPO with KBLB already making an income.

I look at it like facebook. It was just a app for college students for years before it began trading at 40 bucks.
The people who were lucky enough to get a share of the company back then were in the same boat as we are now.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News