Replies to post #43471 on Kraig Biocraft Laboratories Inc (KBLB)

[sojomy]

He also said that kblb is now where aapl was when Steve Jobs first took over the company. The stock was so cheap then selling for just $5.00 a share. The comparison is telling. Those who bought aapl at those prices are now very very wealthy. Long term is a relatively unknown phrase these days, since traders want to become rich in two months. Buy kblb, and put the shares away for at least five years, and you will be a happy camper.

If you bought AAPL in the $5's, the last time you could have was in Oct 1998 at $5.98 (at quick glance). If you held for 5 years, it would be worth $11.50. A gain of 92%. If I buy KBLB now at .07 and hold for 5 years, will it only be worth .14?

I'm just playing Bob. I fully agree with the main message of your post. Nothing is going to happen overnight with this stock, it will be a slow, gradual process over years. I believe a small amount of money put into KBLB now will be worth a large amount of money in 5-10 years. I have a set of shares that I have put away for that day, but until then I also continue to trade the channels when I see support bases and un-founded run-ups.

[igotthemojo]

Buying any penny stock long term is extremely foolish..yes, even kblb..everyone would have been far better off trading kblb rather than holding long..Everyone...and that is still the case...

And no, kblb cannot be compared to any major stock that was trading at 5 bucks a share..and most certainly not aapl...perhaps when kblb gets to 5 bucks a share, a comparison can be made then... Maybe...

But for now, it's a 6 cent stock trading on the pink sheets and a one man show....and IMO, Ben is out of his mind to make that comparison..but he evidently thought he could get away with it with you..and I'm guessing he did..