“well KBLB aint a fortune 500 company”
Why do you argue facts that were never stated? You think the process differs if your company is small or large? Simply put, the process is not simpler. Often times it is much more difficult because small originations have less resources to allocate, which causes deals to take longer then fortune 500 companies.
“what i did say was that the ceo should be putting information as to anything that is taking place” “not details but something to indicate hes actually in the process of accomplishing something with someone”
So you expect the CEO to say? “Talked to X company today” “Talked to Y company today” “Talked to Z company today”….. Reviewed legal documents today….
Any PR’s released without a concrete deal will look like the company is trying to raise their stock price on the “possibility of a deal”. I have noticed many times you are well against words that are not concrete. Then why would you expect the CEO to release anything otherwise? I know I don’t want BS PR’s unless there is some concrete development.
“im talking about the ceo publicly putting out something...not whispering sweet nothings to certain investors who then pass it along third hand...if the ceo cant put it out to the investors then anything he says individually is suspect..”
Those sweet nothings are from people calling the CEO directly, and him having the courtesy to answer our calls and answer our questions without divulging information that can be constituted as insider info. And if there is a merger, you don’t want to announce it until the deal is done. Remember when Wells Fargo came in and purchased Wachovia from under Citibank’s nose? Why, because the talks were made known to everyone. Who is to say another textile company will not swoop in an purchase a company from under KBLB’s nose just to cause a delay in marketing their product?
Your trading strategy seems pretty sound, and you make a few good points here and there, but everything seems to be black and white with you. One of the laws of economics is that people make decisions based on limited information. With all limited information comes levels of gray the can’t be determined by a set of rules. While your method can make you money, you (nor I) have all of the information available, so we must decide to base our decision on the information we do know. If you have any questions regarding the known information, ask away, I am sure this board can answer most any of your questions.
Another reason this board is so adamant in defending the stock, is because we have done our due diligence. We have a vested interest in ensuring this company succeeds because we all believe in the product. We are traders, but we also see this product as a disruptive technology that has a real practical application in just about everything we use today (textile wise).
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