Replies to post #247374 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< KBLB is being shorted on small trades making $50-$100 each lol. >>

That is a ridiculous statement.

First, there is a margin cost of $2.50 per share for penny stocks.

https://www.finra.org/rules-guidance/rulebooks/finra-rules/4210

So in order to buy $100 worth of stock (or about 2,000 shares), someone would have to ante up $5,000. Almost nobody in their right minds would do that.

Second, that "short report" mostly contains "short" shares from MMs (market makers). An MM can "short" a stock during the day for a short while in order to provide liquidity for the stock.

[bananarama]

Well stated, EOT. Exactly! GO KBLB!

[ruskie1]

“ It can’t last because KBLB is a massive success. Just waiting for breakout news. So Imo this buy opportunity will soon be gone….. “

That been said for well over 10 years now …and how much is the share price.. .04 and sinking fast

And a CEO who has just dropped out of sight …I’ll keep saying it ..Kim Thompson A.K.A ( Kenneth Lay )