InvestorsHub Logo
icon url

faithabides

10/30/19 7:22 PM

#176530 RE: TRUISM #176528

Right. I found this one interesting. Sold AAPL in 2010 ... KBLB was in the .08-.09 range at the time .. so at least a double at the moment on that trade. AAPL is 5x higher plus dividends since. If KBLB was .45-.50 now, we would be close to pare with AAPL I suppose. ... but that’s isolated ... there was buys at .01 and .02 and everywhere in between and some above so that the cost average is probably around .04 is my guess. That is then about the same as AAPL now ... with much more upside potential than AAPL from here.

“I got reacquainted with KBLB about 4.5 months ago. I am never smart enough to trade around a core position, although I have tried. I do have a job other than trading but it is seasonal, so it's all about trading now. The trading this season has been just selling anything that is not KBLB. I don't have any light bulbs but I have a solar project and a few other things I would like to sell you. KBLB is pretty much my only stock now except some write offs I am holding for next year, when I will need them. When you said "i sold APPL stock to get in on this ground floor", it stuck me as profound. A new industry will be born and we can say we were buying shares in the singe digits. KBLB could very well be another APPL... Wooooo Boggles my mind. What do the APPL people on this board think? To anyone who is buying now, it does not matter how big of a fish you are, you are in for one hell of a swim.”
icon url

Little G

10/30/19 7:56 PM

#176531 RE: TRUISM #176528

Is there a scenario or multiple scenarios that are plausible to allow the RS and uplist by Thanksgiving, while having the stock price actually rise significantly and not lose substantial value?
icon url

jonluc

10/30/19 10:29 PM

#176533 RE: TRUISM #176528

After appointing the new board members we need two more things to up-list - higher share price and cash - several millions$.
Listening to the audio from the shareholders meeting seems Kim is shooting for 20/1 r.s and except for the psychological effect that might hurt the share price short term, if the fundamentals are strong and we get some decent announcements the sp should bounce right back - some will sell in panic others will get some cheep shares, but ultimately if we get good enough news it shouldn't have long term damage people will be buying back all the panic selling just as fast. Again that's assuming we get the right news.
As for financing, sure, we may get some loans down the road, but I think most of the immediate financing will come from investors and that means dilution and that is not such a terrible thing like people are trying to make it out to be. If we receive 5m$ at current value of 20cents in exchange for 25m shares I would view that as a very positive thing just like in March or April when we got 1m$ for 14m shares, it was a positive move.
I don't think Kim deliberately brought the share price down, but I think he isn't uncomfortable with where it is right now.
We all would like the share price to skyrocket on speculation, but when you want to bring in a serious investor who will invest several million dollars he's not gonna over pay and I think 20+- cents is probably the price for our next round of funding which seems quite fair at this point (around 200m market cap). If the share price had kept going up and then Kim announced dilution at 20 cents, the share price would sink down to 20 and except for some who would be lucky enough to sell some, the rest would be as furious as they are now (probably worse). So whoever got to sell in the 50s on speculation made a good deal in the short term, but I think that if the company manages to execute on a fraction of the expectations - long term will make a few bucks...