Kraig Biocraft Laboratories Inc (KBLB)

[Bucks4Buckeyes]

One of my reasons was to average down.

When I first decided to enter KBLB, anything under .10 looked like a great deal, so I got some .09's. But while no news was forthcoming (science takes longer than what we assume it should) the pps slid downward.

I also knew that the greatest majority of penny stocks slide even more at the end of the year, so I was anticipating an even greater decline.

Due to past stock reaction to announced CC and (so it seems) a pattern of the company to announce news around time for a CC - I just guessed.

Don't let anyone fool you with calling themselves a genius trader - we all make our speculations based on the information we have. All my information pointed to buy then. But it's ALWAYS a guess and a slight gamble in penny stocks - they don't trade like they do on the big boards. News is King in Pennyland and can make the worst company's pps jump (not that KBLB is a bad stock IMO).

All The Best