InvestorsHub Logo

first mike

11/01/11 12:22 PM

#32086 RE: sojomy #32082

Hi sojomy,

Um, we're down 8%, and you don't think that's dropping fast? If we have another day like today, we'll be back in the low 9s again.

It is now Noon, and KBLB is still above .10 with only one 5K trade at .10.
This latest KBLB rise was ~20% it is now down 1/2 of that. This is the typical behavior for all stocks (overshoot).

And do you really think that "the odds are high that Kim T. will release Some kind of news just to appease the Mid-Fallers and keep close to his announced schedule"? Do you think any CEO of any company (tiny to huge) does anything at all to appease whiners on a message board? I really hope that you don't believe that.

Not just this message board. All stockholders and all market commentators heard his prediction.

Your guesses (which more likely your hopes than guesses) are the same as tossing a coin. The positive hopes / guesses are actually less accurate than a coin toss because a coin toss would (probably) make you right half of the time

As I stated, My Hope is that there will be NO news before 11/12.
My Prediction (not infallable, I said IMHO) based upon facts and logic and reasoning was that there would BE news before 11/9.
This is the OPPOSITE of my hope.

Yes, the longer we go without news, the more likely we are to get news. But that's statistics, not skilled prognostication.

That is part of the reasoning behind my prediction. The other parts are the announced date for the reasons given above, and the fact that KBLB's 10Q (or an excuse for delay) is required by the SEC at that date.

But that is only about when news will come out. It seems that most people are only believing that positive news can come out. Do they not remember a few weeks ago when another company using ZingFingers finally released news, and it wasn't good?

That company was conducting a public trial of there product that had a hard due date for results. They were forced to say something at that time. IMHO since Kim T. is not so forced he will try not to release bad news until he has something good to say such as "The first insertion did not produce the result that we expected but we have solved the problem with another insertion and have now produced that result." Thus failure will likely cause delay in good news, not the release of bad news.

I do hope that we get no news this week and we see a large price drop so I can start buying again. I am still positive on the stock, and I do hope that when news comes out, that it will be positive.

ME TOO!

Mike L.

rayovac812

11/01/11 4:47 PM

#32103 RE: sojomy #32082

<<Do they not remember a few weeks ago when another company using ZingFingers finally released news, and it wasn't good?>>

Well I think you are forgetting that that news was not bad for Zincfingers. ZF did what they were supposed to do. You better go over that again. Way more than a 50/50 chance....but to each his own booktalk.