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Junior Trader
![]() Join Date: May 2009
Location: Monroe
Posts: 3
Favorites: LZB, F, CSCO
Rep Power: 23
Reputation: 200 ![]() ![]()
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Hello,
I'm new investor. I ran accross this company the other day. KBLB.OB The product is interesting and they are almost trading at their 52-week low. Looking online it looks like they are a good company the only thing that worries me that is they haven't posted a revenue or product since Dec 2008. which is always a worry. I always seem to have problems researching little companies like this. And i wanted to see what guys think about this company. If there product sells, i think it would be a big profit ![]() only thing is that its also a big risk with no revenue. Any feedback is welcome. I know its not the best post, but like I said I am new this stock thing. So please be gentle :P Their company website is Kraig Biocraft Thanks for any input. |
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Trader
![]() Join Date: Jun 2009
Location: New York
Posts: 52
Favorites: f sso arm
Rep Power: 26
Reputation: 263 ![]() ![]()
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The problem I have with this company is the fact that it is being hyped by "StockStars". I assume that is where you saw it? They are right a lot, but they also pump a lot of stocks that I suspect are either scams or simply P and D's. If you have the ability, you can usually buy early in the AM after they pump something, and sell it in a few hours for a gain. If you really want to buy something they tout, I would wait a day or two and see what happens. As for KBLB, I have to question "genetically egineered silk worms". Sounds pretty fishy to me.
![]() Of course, I am quite frequently wrong.
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