What do you think genetic “drift” is? How will any genes “drift” if every single generation is a one and done?
Yes. Everyone awaits sales. And the prereq for sales is production. One reason for the increase is because it appears that production is underway (of the DS Kim is holding) and people are risking more in order to get ahead of the production announcement.
Another reason is because the current surge attracted penny traders who are expecting KBLB to act like every other penny. And they follow strategies right out of the textbook and they begin selling at once. That’s fine. I welcome that.
The experienced longs keep their eyes on the news and decide with each PR if the news is still pointing towards production. Looks like it is.
But some longs will fall prey to the fear mongering. They lose focus and are suckered into emotional trading, forgetting that the extremely low volume should have been their clue to why they should not get too excited just yet about big moves in either direction. I’ve been warning everyone about the extremely low volume and this being a whipsaw all along. I hope some listened
It’s a good idea to wait for sales first. Not everyone can stomach what they are watching