Tuesday, February 14, 2012 3:09:28 PM
Actually, I still have all of my shares. I wish I would have sold yesterday and bought them back today, but I was too afraid that there would actually be news and I'd be out. I don't label myself as either a trader or an investor. If I saw a near-sure-thing opportunity to sell knowing that the stock would be down the next day, I would for sure sell and rebuy. And if you are the one buying my shares on the first day and left holding the bag on the 2nd day, that's your fault, not mine. But just for the record, I am still holding for the long term, but I don't see a problem with trading if I have a sure-thing opportunity. I was actually trying to buy more in the 7's last week, but I waited too long because I wanted closer to 7 than 8. But I choose to trade (both buying and selling) smartly.
True, but not with the negative connotation that you are implying with your use of the word "manipulating". Other people mention conspiracies about market makers manipulating the stock and you're jumping on the bandwagon and throwing traders in that category. But you're wrong. It is "manipulated" the same way that every other stock is "manipulated" - buys make the stock go up, sells make it go down. When you buy more shares to accumulate more, you're "manipulating" the stock too. So it's not just traders "manipulating" the stock, it's everyone that buys and/or sells. You and all other LT investors do it too.
Yes, and you have been proposing it for months and months. What you fail to realize is that if KBLB did what you wanted them to do months ago, the price would have surged, and then over the past few months, it would have drifted lower. That's the way it works. If you don't have the news to sustain the peak, it's going to retrace. Name recognition on every news channel and every magazine would make KBLB shoot up, but then after months of no revenues and no news from the company, people would start selling. Then if there was ever a large day of selling, there would be more panic selling and there would be an enormous decline in SP.
At that point, a few of us would like to say, "I told you so" to you, but we wouldn't be able to, because you would have been long gone after the initial surge. Because you obviously just want that initial surge to sell all of your shares for a medium-sized profit. You say you're here for the big-big gain, but you're not, or you wouldn't be in such a hurry to get the quick surge. And you sure as hades would have shut up about the PC at ND and the, "OMG why is Ben actively trying to keep our name out of every news outlet? He's evil and doing this on purpose!" by now if you really are waiting for 1000% gain.
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