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A partial crospost from the KBLB Board.

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first mike Member Level  Thursday, 07/26/12 05:48:22 PM
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A partial crospost from the KBLB Board.

The question was "why can't I get in after the big news while the PPS is still relatively low"

....Other than that, you need to be very vigilant each morning to be sure that you know what is happening before the open.
Have all of your resources ready, and place your bid before opening.
I would make my bid limit at least twice what I expected, to avoid being in a losing price chase.

If you do all of that then the only thing you have to worry about is the MMs!
Remember that KBLB is not traded on a legitimate exchange.
It is traded by and between a dozen or so private Market Makers.
The normal operating procedure for these MMs when big news breaks for a stock that they can deal in is
a)first fill their own pockets at the low price, as much as they can hope to sell in the next few days.
b)fill the orders of their large favored clients.
c) fill the orders of retail investors at the highest possible price that they have been able to create by their MM to MM trading of shares that they are accumulating now or that do not exist (short buys and sells) but will be bought after the rally fades.


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