Kraig Biocraft Laboratories Inc (KBLB)

[fza]

Since the beginning of the new year Kim started bi-weekly then weekly PR's and the stock price is just shy of a 200% gain (.033 to .094). It has not dropped below .068 in the last three months which maintains a doubling of the price. I can't imagine Kim not keeping some sort of weekly info release since he must know he has created this anticipation. My guess is that he has the goods since his MO has been that he releases news a bit after the fact. You don't have a three month "pump" as the naysayers like to call it. Besides that I always go back to the fact that Kim is not the only one whose reputation is on the line by him starting this predictable flow of information. The big names in the sericulture game and those in the local government and business groups would not be going along so willingly if this was a pump and dump scheme. KBLB is showing strength on these releases and I believe that this will continue and the subject of each will get better and stronger with each release.

From Schwab:
KBLB appears to be consolidating within a longer term uptrend. Shares are presently above the 200-day moving average, which is rising along with the 10-day moving average. However, the Average Directional Index, or ADX, is below 20, indicating that shares have exhibited sideways movement recently. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500. (My emphasis)

GLTA