InvestorsHub Logo
Followers 68
Posts 13165
Boards Moderated 1
Alias Born 08/10/2017

Re: Darryl_T post# 228671

Friday, 08/20/2021 4:16:53 PM

Friday, August 20, 2021 4:16:53 PM

Post# of 278513
<< Wouldn't it be better for them to wait for good news from KBLB before selling the shares to the open market? >>

They are guaranteed to make at least 20% on every trade if they sell immediately. They don't need to wait. If I was guaranteed to make 20% profit on every trade that I sold immediately, it would be a no-brainer.

Sure, they could wait, but the price could also go down and they could lose money. Why take the chance?

In addition, KBLB can't post any news without their permission. So they would know if something good was coming.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News