Replies to post #138250 on Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

"He brought KBLB up my name and said he had shorted it."

he may have...I didn't say it was impossible..i said the average investor couldn't do it..and those who could, likely wouldn't bother because theres too much risk for too little reward..

its like es1 said...in some cases there are young kids with just too much money that will try anything no matter how stupid..

sykes is an idiot who got lucky and now makes most of his money selling dvd's on how to trade...

did he ever really short kblb?...how much?..how long?..was he successful?..

one could open up an account with an off shore broker or fund where the rules are different and perhaps short penny stocks...but if one has that kind of money and knowledge, why would they bother shorting an obscure penny stock like kblb?..

back in the day, scam artists used to send out 1 mil newsletters recommending stocks..500k would say the stock would drop while the other 500k would say the stock would rise..

if it rose, they would send a newsletter out to those 500k doing the same thing over again..the 250k who got the right prediction were sent another news letter..and on and on until the scam artist ended up with a few thousand people who thought he was a stock picking god..they would mortgage their homes and send him money to invest for them or buy whatever products he offered at whatever price they had to pay..

imo, sykes is just an internet version...