Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

Mojo: “regardless of what happens next week, Friday was huge...it was a wake up call...Friday HAPPENED...anyone trying to pretend it had no significance simply does not want kblb to succeed....anyone trying to get shareholders to ignore friday in order to focus on something else, does not want shareholders to make money”

I simply don’t understand what happened on Friday other than the obvious: someone wanted a significant stake in KBLB and was willing to pay to get that stake quickly.

As far as I can tell, there are three explanations for this: 1) Insider trading; 2) Positioning for market manipulation; or 3) External stupidity.

Only the first explanation is good for investors. If someone is planning a ‘pump and dump’ scheme, traders can make money. I’ve got a small batch of shares that are short and, if it looks like a pump and dump is in progress, I might try to sell at the right time. But I am more interested in a long-term investment than in trading, so the pump-and-dump will not be a good things from my perspective.

Time will tell. I’m not upset about the share price increase but suspect it will prove ephemeral. Hope I’m wrong.