Tuesday, February 25, 2014 3:01:43 AM
Upon announcement of a truly significant success (first revenue, first profit, first large order fulfilled, etc.) the price of this stock will rise not by percentages but by multiples.
When the first scientific breakthrough was announced KBLB went from 0.01 to 0.2x (2000 %)in about three days.
It went from 3 cents to 20 cents in a day.
And that was at a time when KBLB was a complete unknown.
They actually had to repeat the announcement in simpler terms because their audience did not understand it the first time (hence the hesitation at 3 cents).
Because this stock is heavily controlled / manipulated by MMs, a retail investor, no matter how fast they act, will not have a chance at an early buy.
The MMs will fill their own pockets first, then the accounts of their friends and major customers.
Your order will be held unfulfilled until it expires or until they can sell it to you at 10 times what they bought it for.
In a real (major) exchange this can not happen because orders are filled in first-in first-out sequence.
But this is the OTC-BB where it happens ALL THE TIME!
I have had buy orders hang for 20 minutes while hundreds of thousands of shares are traded at prices well below my bid.
TDAmtrd's excuse? "This is an MMs market where individual orders are bid upon by various MMs, they are not required to fill your order before filling other orders regardless of time or price."
So if you are not in when the balloon goes up, you will need to buy a long ladder.
Mike L.
Recent KBLB News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 06/10/2024 08:30:30 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:03 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 11/22/2023 09:31:54 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 11/16/2023 09:30:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:43:51 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/11/2023 08:30:50 PM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 09/01/2023 08:30:52 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:35:05 PM
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