Kraig Biocraft Laboratories Inc (KBLB)

[Money4Nothing-M4N]

Adjusted for split, the stock was trading at $44.80 per share a year ago. It’s been in a downtrend ever since. Before a 1-40 RS on November 1st, it traded at a split adjusted $6.80 at market close on Halloween.

It closed at $7.32 on November 1st but dropped to $4.40 per share at market close yesterday.

Today was a spike of 279% since the presplit price of $6.80.

It appears the reason for the spike was the news that they could tag leather with DNA in order to successfully track a hide back to a specific farm. I would never have guessed that would send the stock price soaring.

I would think news of a spider silk contract would create a bigger stir. ... I would think.

Wow. Good for those investors. I’ll be curious to see what happens tomorrow.

Thanks for sharing!