InvestorsHub Logo
Followers 16
Posts 4583
Boards Moderated 0
Alias Born 04/13/2016

Re: newaccount71 post# 186851

Tuesday, 04/14/2020 7:00:32 PM

Tuesday, April 14, 2020 7:00:32 PM

Post# of 281749
Gave me a smile. But a little too pessimistic on Friday imho.

Thursday close: .29
Friday close: .24

How sure am I of this outcome? Not at all. I don't think there is much that could drive the price down to .12 on Friday. Thompson may generate a small bounce from geeky news that settles back pretty quickly, in the next week or so. Nothing that KBLB has shared about the upcoming announcement suggests we will get the news everyone wants, about production, sales, financing, or partnerships. But if Thompson goes beyond his advance warnings, we might get up to .35 or even .40 cents, depending on how good the news is.

I'm just letting it ride for the moment, hoping that Thompson doesn't couple geeky news about stronger silks with an announcement of a 40-1 reverse split. I doubt that we could hold .12 on that news.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News