Saturday, August 20, 2011 12:26:15 PM
Following what "everybody" is doing is an excellent way to lose money in the market. You need to lead the pack, not follow it, to make money.
Note that some "invest" (trade) in a stock by trying to buy at peaks and sell at dips and their posted opinions may vary with their positions (in or out).
If you examine the share price movement over a long period of time you'll note that as the price moves strongly upward there are mostly positive postings and when it starts to dip there are increasingly more negative positing.
When the drop appears to be on the verge of reversals the negative postings sharply increase. IMHO that's traders who sold at a peak who are hoping to increase the dip so they can buy back in even lower.
Also several posters have acknowledged selling out because of concerns about the scientific advisers withdrawal (without waiting to find out what the reason was). with the result that they sold very near a low.
I suspect that they decided they want back in after finding that the incident had no real significance for KBLB. Since the SP is now considerably higher than it was when they sold, they may be hoping it will go down temporarily to allow them to buy at a lower price. People in such situation (and traders just selling in and out) often adopt very negative attitudes in their postings until they've bought back in. Sometimes they get "left at the station" as the price continues to rise and never gets back to where they want back in at.
This is a very common phenomenon when a company has some incident or news that causes a sharp dip and then the news is considered trivial one digested by the market and the price recovers sharply.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM