Replies to post #161383 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

Just saying, not everything in market in fundamentally correct. It’s a big popularity contest and psychological warfare.

I won't argue against my due diligence....

Some things i'm still awaiting KBLB to announce....

I'm a forward thinker....

Won't apologize for that.


Blessings
TRUTH

[rayovac812]

It has nothing to do with fundamentals, it’s a psychological.

Mellon Bank back in the day, was doing forward splits as a play on this psychology....and several times. They didn't have a problem with investors getting hung up on the CEO's character and intentions. I received 2 shares for every one that I held. The stock moved like gangbusters, but certainly not for that reason alone.

Institutions will not get hung up on the share price. The price will go up or down based on fundamentals and valuations.

I don’t see as much of an up side.

With or without a RS, KBLB is going to be less about retail investors and more about the institutions. For the record, a stock at $6 a share with no profits, goes profitable, and you will see the upside. Supply/demand/economical principles don't get suspended.

[fastlane]

“People are willing to fork up a money on cheaper priced stocks in order to get future mega gains on tons of shares they bought cheap.”

Here in lies the problem. People not investors. This is why the OTC is so volatile. Because you get the ignorant and easily manipulated herd mentality that drives a PPS up-and-down. We could still have huge gains after up listing but they will be a lot smoother. At least after the reverse split panic. Big investors don’t think $15 a share is high.