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Re: Blind Pig post# 10754

Wednesday, 11/10/2010 6:44:15 PM

Wednesday, November 10, 2010 6:44:15 PM

Post# of 278166
There don't look to be any sellers left, which means they will have to be inticed with higher bids. The MMs have nobody left to play with. 500k shares is nothing in the way of dilution, .1% of o/s. Mr. Thompson will add 1 share for every 1000 out there to generate cash for whatever reason. Seems like no big deal at all. A move off the pinks is essential to get this really rolling, but the continuation of wide spread exposure, coupled with a hoped for hightened effort to bring in new money to chase limited available shares can lead to only one thing, and that is a rising bid to flush out sellers. The lower volume today says the MMs have nothing left. They now are also sitting on shares that they will be asking ever higher prices for. When the bid gets to a certain level, maybe 60-100% of where it is now, they will be sellers, and the shorting game will begin again if there is not sufficient new money coming in to keep the bid up. The short term on this stock is very interesting and educational. As an investor, it's almost a soap opera as I am totally an observer. I'm 47 years old, and will not sell until either 1) I turn 56, or 2) each of my shares reach a value of $45. By that time my holdings may be MMM instead of KBLB, but it's the product I'm investing in. I'll take gobs of 3M shares for my KBLB shares if that's what it comes down to.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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