Replies to post #209241 on Kraig Biocraft Laboratories Inc (KBLB)

[fastlane]

If I sell now. I will have to pay taxes on a gain. How could anyone who has been here for 10 years be selling for a loss. We are well above the 10 year average.

[gimmegimmeminemine]

Everyone should sell for a loss now and rebuy in 2021

I don't tell investors what to do with their money.
I am not in the red.
Everyone has their own decisions to make.

To sell at a loss now, wanting to buy back in later is a conundrum.

You have to be out for 30 days to buy back in and still use the loss on your taxes. But you don't have to wait the 30 days if things change in such a way that it is beneficial to get back in. You just lose the tax loss benefit until you sell again.

No one knows what the share price is going to do.

Its a risk to not sell and hold.
Its a risk to sell and get back in at a lower rate.
Its a risk to buy.
Its a risk to sell.
Its legalized gambling and the house doesn't have to have the advantage.

Production is coming.
The unknown is....

Will it be a success or another failure with excuses.
Does Kim have all the problems worked out?
The timing of that production can be debated.
Some say before Christmas.
Some say next year.
some say they sent over enough eggs to go right into fiber production.
Some say they need to ramp up eggs to a higher level to put out any significant fiber.

Nobody knows.

[bananarama]

Spumoni...If I am not mistaken, you have to wait 30 before you can buy back into KBLB to take the loss, unless it is in an IRA. IMHO, this is not the time to be selling. Selling KBLB should have been done several months ago in order to take the loss. You are treading in dangerous waters selling KBLB right now, since I believe news is very close.

Not being a jerk; I am just trying to help you make a decision.
GO KBLB! I SAY HOLD YOUR KBLB SHARES TIGHT AND WITH BOTH HANDS! JMHO