Kraig Biocraft Laboratories Inc (KBLB)

[bananarama]

Es1,

Quote:

ANY stock that pops 2000% needs to be sold FAST. Including this one.
If Kim came out with a PR for revs and the PPS went up 2600%
it would be at 1.50 I would sell so fast your head would spin (depending on the contract). I huge contract and I would sell higher but you can bet I would sell them all and wait for the .30 reload.

I disagree with your opionion above for several reasons. First of all, you make it sound so easy, as if KBLB will move just the way you want it to or you think it will at any given time.

While it is great to have a battleplan should the price spike up 2,000% or more, you will never know if the stock will come back down to .30. It may drop down ten percent for a few days or a week and then continue to rise. After all, by then, people know EARNINGS are coming, so the stock will continue to rise. Once a PE is assigned to the stock, it will be on its way to higher highs.

A smarter thing would be to sell perhaps half and hold half. In my case, I am holding for a minimum of five years. I have a perspective price target I am waiting for, and I will hold until the stock reaches my target price. However, should the outlook for the stock change, all bets are off.

Should the stock rise 2,000%, I will have a beer and celebrate, but I will continue holding. The future potential earnings of this company leads me to believe that it is naive to sell too early!