Kraig Biocraft Laboratories Inc (KBLB)

[dragon_silk]

From the article :

Back in April, KBLB had a good press release, big volume, and a big percent gain. I was buying the first green day — which is a pattern I like. I thought it would spike again on day two. It didn’t. The big breakout was on day eight.

Sometimes the first green day doesn’t work exactly. But again, I was on the right track. The stock quintupled and then crashed. When it crashed, I tried my dip-buying strategy. But it didn’t bounce perfectly.

Then when KBLB got all the way back up near its highs, I went for the breakout. It failed, but I recognized it wasn’t breaking out and got out for a small profit. A lot of people didn’t. They believed in the company. And they lost.