Replies to post #199902 on Kraig Biocraft Laboratories Inc (KBLB)

[DimesForShares]

I take great comfort that my shares, which were worth 50 cents each before Thompson decided to announce his plan to reverse split, are now worth at least 12.8 cents.

Another way to express this is: I am guaranteed no greater than a 74.4% loss. That is, of course, unless Thompson does something else that investors don’t like and the price drops even more.

Such a comforting analysis. Brings much hope.

[igotthemojo]

Jan, Feb, Mar, then a huge gap and you start tracking again in Aug, Aug, Aug, Sept...lol

what happened to April May, June, July?...

those numbers didn't conform to the silly high low high chart so they are just ignored?....

a chart that is made up of only the numbers you wish to see rather that as they exist is of no use...

[DimesForShares]

"2020 higher lows are still forming..."

Hope, you noted the following 'higher lows' in your post:

2020 higher lows are still forming:
.09 Jan 28
.1028 Feb 25
.1051 Mar 20
.115 Aug 5
.12 Aug 7
.1255 Aug 13
.128 Sep 1

Since KBLB dropped down to .126 today, I'm guessing that knocked out the .128 on Sept 1? Clearly if we drop below .12, that will simply knock out Aug 7 and Aug 13 as well. But no matter! As long as we can find some price lower than that in the history of the company, we are still forming higher lows!

What I understood was that a 'higher low' set up a lower limit: KBLB would never again drop down below that level. But the share price blew past .128 today, so Sept 1st must not have been a true 'higher low' but just a temporary one.