I agree. Long termers are not significant part of the drop. I only know of one for sure that pulled out 98% or so and of course of a couple others here of late that say they have cashed out per their posts in the .15-.20 range due to not getting PR info but all of them are looking for reentry.
13:42 .. KBL Chief Scientist Trevor ‘Big Daddy’ Kane! Best hire of Kim by far! Will lead to a huge premium buyout before end of 2021. Book it!
Bull runs are created by higher lows from a technical standpoint and the growth of the company AND potential growth of that company from a fundamental standpoint. Alot of people are watching both here for this company and it’s stock.
How the 5 year growth chart looks. .. a 5 year bull run!
Lowest ever: May 23, 2016: .0101
After these lows, the price NEVER was lower than that point again even to this day.
Lows: April 6, 2018: .029 Oct 29, 2018: .0352 Mar 8, 2019: .0461 Apr 16, 2019 : .0602
2020 higher lows are still forming: .09 Jan 28 .1028 Feb 25 .1051 Mar 20 .112 Sep 28 .112 Oct 5
Do you agree with the original statement and defend EVERY decision made by KBLB or do you think the company may have missed a step or two?
I’m no trader and want to invest more in KBLB. At this moment I must consider the risk of a significant price drop due to a reverse split, massive dilution, and problems with production. Collectively these risks bump KBLB of my ‘buy’ list at current prices.
Other long-term investors have indicated they went further than I and sold all their holdings. I can’t blame them. I don’t think all of the drop was due to traders.