Saturday, July 14, 2012 11:10:05 AM
I understand where you are coming from.
I have been there myself.
I will not try to talk you into buying back into KBLB.
I might be doing you a disservice.
Nothing is certain in this arena and all of us singing the praises of KBLB could lose all of our investments.
But I would suggest one strategy.
Whatever and however you are now invested in, make sure it is liquid and that you can get your money back in a minute.
If you are currently using a traditional stock broker to invest, establish an on line account with a large information rich ebroker such as TD Ameritrade and move your current holdings into that account so that you can access them online.
Then set up a trigger with the online broker so that either the trade is automatic or (safer) so that you are IMMEDIATELY (not the next day) notified of a rise in KBLB's PPS past a certain point or of any PR from KBLB.
When you see something that convinces YOU that KBLB will rise significantly, act quickly and decisively to sell your current holdings and buy back in to KBLB.
TD Ameritrade, and I assume most others, will let you sell and buy in the same day without waiting for the sale proceeds to clear.
They will NOT let you buy a penny stock with sales proceeds the next day or with newly deposited money for several days to a week.
This is why it is essential that the stocks and money be in the same account.
Practice this with a few small back and forth trades (TDA and most others will usually give you free trades for the first 30 or 60 days) and talk to the customer service people to be certain that they know your intentions and will allow them.
I say all this because I know that there is nothing more frustrating than to see a stock that you have been waiting for rise rapidly and not be able to get in soon enough to benefit.
When KBLB went from 0.01 to 0.26 a couple of years ago I was completely out of the stock. I had become tired of waiting and left for what I thought at the time were greener pastures.
I saw what was happening while it was still below 0.03, but much of my money was not in the right place and I could not get in fast enough. Had I been more ready, I would be considerably richer today.
This way you will be able to take advantage of your familiarity with KBLB if/when the time comes.
You may miss the first 300%, but you will catch the next 100%.
If you succeed in this your next dilemma will be when to sell some or all of the stock to take your profits. I am just as certain that it will come down again by some amount as I am that it will go up in the first place.
Mike L.
Recent KBLB News
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