Monday, February 06, 2012 12:38:02 PM
A traders dream. Buy low and sell high.
If the cc is delayed again then the price will drop further. Once kim gives a pr announcing the cc date, time, etc. pumpers will speculate as to what will he said, and if kim gives a pr prior to the cc on new developments the pumpers will again speculate as to what it means.
Either way, if one is looking for a flip, the price will rise to a suitable level if kim gives a pr because pumpers will di their jobs. or if the price drops further, even cheaper shares exist. Kim can try and wait out the flippers, but at some point push will come to shove where he is hurting longs to the point they get fed up. Additionally, flippers will be rewarded because if a year goes by it becomes a long term capital gain, so less taxes are paid. Thus kblb is only hurting itself.
Bottom line is kblb as a corporation has one purpose, make its shareholders money. Now, this can be done in one of two ways. 1. through a series of flippable opportunities or 2. A step process that allows for steady increased growth.
from the moment kblb rose from .01 Watching it over time has clearly indicated that the route kblb would like to go is through a series of flippable opportunities with a series of troughs to load at rather than steady increased growth.
note we are in one of thoee troughs right now.
Whomever made the decision to prematurely have a pr at notre dame in 2010 took us from a solid stock with no volatility and put us on this course of wild swings. Either, they knew it was going to do this or they dont understand how penny stocks work.
go kblb
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