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Thursday, 03/07/2024 10:51:10 AM

Thursday, March 07, 2024 10:51:10 AM

Post# of 279265
I don’t often look at KBLB’s pps anymore so I was very surprised to see it had surged to about $0.15 the other day. I looked at the most recent PRs but didn’t see anything about sales which to me is the only catalyst that’d get me to buy back in. Unless or until that happens, I’m on the sidelines but I still enjoy reading the posts here. It seems the big move up was apparently due to the photo of the big “commercial sized hank” combined with the “Homozygosity” of the BAM 1 parental strains, giving increased hope that there’ll be commercial production and sales. What a great opportunity that was for some trading, but man, the drop to $0.10 and below today just shows how the tiny volume in this stock means any attempts to sell larger blocks of shares will likely crater the price. Bottom line, and it’s not necessarily apparent to all so hold the snark please, until there’s sales - the only thing that’ll drive significant long term upward movement in the pps - KBLB will reside in the single digits. I’m not a geneticist so I don’t know how much homozygosity goes to preventing genetic drift (how many generations did the key gene/s hold fast?). I’m hesitant to even believe what Kim said about the homozygousity but if it’s true, is there a significant chance or a likelihood drift will still take place? Further, was that commercial hank tested for quality as spider-ish silk? I dunno as I merely skimmed the PRs. Ultimately, sales are all the hard and fast proof I’d need but sales of Kim’s silk still elude KBLB. Let the virulent vitriol begin…
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