A friend of a friend recommended that I check out this stock. No rationale, just check. So I did.
First, over 600 million shares out there. I would think that Mr. Thompson owns hundred's of millions shares.If the stock price was at one cent, Mr. Thompson would have millions of dollars from this stock. I have Qualcomm stock and they only have 180 million shares outstanding.
Second, a market cap of 1/4 of Berkshire "B", are you kidding!
Thanks, but no thanks.
whats that mean? ive invested 15000 in 2 KBLB in the penny world it stays pretty flat. it doesnt jump up and down like crazy and stay down. it is an R&D Company after all and if anytme is right its now, b4 they blow up. They have huge potentail contracts in the works if they can prove they can commericalize it. which like any company joins forces with company that will help each other grow stronger and bigger. KBLB has started to postion it self in to producing i say by the end of the year or feb next year. DUPONT sold 30 billion worth of Kevlar alone last year. Monstersilk and BIG RED r bigger and better than gortex, spandex, kevlar combined.