Kraig Biocraft Laboratories Inc (KBLB)

[rayovac812]

It has nothing to do with fundamentals, it’s a psychological.

Mellon Bank back in the day, was doing forward splits as a play on this psychology....and several times. They didn't have a problem with investors getting hung up on the CEO's character and intentions. I received 2 shares for every one that I held. The stock moved like gangbusters, but certainly not for that reason alone.

Institutions will not get hung up on the share price. The price will go up or down based on fundamentals and valuations.

I don’t see as much of an up side.

With or without a RS, KBLB is going to be less about retail investors and more about the institutions. For the record, a stock at $6 a share with no profits, goes profitable, and you will see the upside. Supply/demand/economical principles don't get suspended.