"Here's the thing. You guys are all looking at KBLB mathematically. While that is extremely important, no one is taking into account the speculation and anticipation factor of what KBLB has achieved, what they possess in so far as the silkworms and the lab, and what the magnitude will be of disrupting every industry. How does one put a price on these factors?"
AGREED, Bob.
Psychology is often a Huge factor in market behavior...it can act as a "magnifier" on both the upside and downside.
Late 90's, the 52 week lows in IBD... full of energy/oil service/driller stocks...psychology helped under-value these stocks...bought several at $4-6...less than 2 years later sold at $22-35...
Remember the "tech bubble"?
Outrageous PE's assigned to stocks, just because they had a "dot com" behind the name...
MJ sector also...ERBB and many others provided HUGE "trader" ROI's...strictly on psychology/speculation
Psychology/speculation/anticipation has always been(and always will be) an important factor in market behavior...has worked on countless "junk stocks"...also, often gives impetus to stocks that are for "REAL" (Kraig)...
The Best to all longs
My post for the month