Replies to post #55688 on Kraig Biocraft Laboratories Inc (KBLB)

[SpacemanSpiff]

when the market "corrects" itself by falling 50% I'd call that crash wouldn't you? and yes it could happen in a few months it could happen any day really. once people stop drinking the coolaid we are in for some real shit.

[bananarama]

I agree with you totally Mojo. I do not like what Bernanke is doing by putting 40 billion dollars a month into the economy. This money is borrowed, and it is only adding to the debt. Our fearless leader has no intention of balancing the budget, EVER!

This entire movement up by the market is like a house of cards. People are buying stocks regardless of the PPS they pay. Insider selling is higher now that it has ever been, and none of this bodes well for the markets.

However, KBLB does not move in sync with the markets. The movements up and down have not coincided with KBLB'S PPS. Again, anytime KBLB shows weakness, I will buy more shares. I have said this over and over, but even now, these prices will seem very cheap six months from now....

[SilkRoad]

I've seen predictions about a market crash that range from "anyday now" out to 2 years from now. The good news is that KBLB has a product that will more than likely be sold globally. I'm more concerned about the Fed printing so much money and what impact that is going to have on interest rates and inflation. That will greatly effect consumer spending and companies being able to borrow and expand. At some point, Bernanke (or his replacement) is going to have to raise interest rates. Can't keep printing money forever without consequences.