As I stated on my previous entry, I could not get into WNBD this morning. It was moving fast than mt internet connection. Once it was up 10% I decided not to chase it any further. Chasing is where we can get into trouble, so don't do it!
I really wanted to get into a good play today so I purchased 29000 shares of KBLB at $.021 per share. KBLB has been moving down slowly over the last several days, but it has been a very good flipper. I believe it is due for a week or so of gains. They are also overdue for some positive news.
Kraig Biocraft Laboratories, Inc. (KBLB) is a biotechnology company focused on the development of commercially significant high performance polymers and technical fiber. Based on proprietary genetic engineering technology, Kraig is working to develop and produce polymers and protein-based materials including spider silk. The company believes that spider silk is a “super fiber” that will have numerous commercial and consumer applications.dividend.
Listen to this short interview with KBLB's CEO Kim Thompson.
DISCLAIMER: Keep in mind that I am not a securities advisor nor am I suggesting that you purchase any stocks that I post on this blog. If you do invest in any stocks mentioned in this blog, you do so with the understanding that you could lose every penny of your investment. The purpose of this blog is to give would be investors encouragement and hope, and help them realize that you can make money in the stock market, even in a bad economy. I have not been paid to promote any stocks that I have written about in this blog. Please invest in stocks based on your own research. I'm a truck driver, not a financial advisor.
Please feel free to email me with stocks that you feel are a good play. Email me at investmentstratagies@yahoo.com
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