Do Your Homework on Kraig Biocraft Labs (OTC: KBLB)
August 31st, 2010 at 12:49 pm Posted by
If you haven’t noticed, Kraig Biocraft Labs (OTC: KBLB) has already traded more than twice its 10-day average volume and gained as much as 17.86% today.
The Dean has done his homework on KBLB and believes the company has tremendous potential to deliver over the next few weeks.
If you take a look at this penny stock’s chart, you’d know that KBLB has been rising at a nice slow and steady pace, and it certainly appears that share accumulation has been on the rise as well.
So far as the company’s market potential is concerned, genetically engineered high-performance fibers, such as “spider silk” can be used in a number of industries. Additionally, high-performance technical fibers are currently being used by the military, industrial, and consumer applications that require superior strength, toughness and flexibility.
KBLB has a proprietary genetic engineering technology, which could be the key to not only developing but mass-producing polymers and protein-based materials, such as the exponentially valuable spider silk, for exciting commercial opportunities.
KBLB has also developed collaborative relationships with leading universities, including the University of Wyoming and the University of Notre Dame, to further their research and product development to arrive at innovative near-term solutions to practical problems around the world.
As The Dean and students are aware, many profitable penny stocking opportunities come along where speculation about an upcoming event is present. KBLB‘s August 24th press release certainly has ignited The Dean’s interest and, based on the past week of trading activity, and today’s volume, The Dean is not alone in his “forward” thinking.
Disclosure: The Dean has not been compensated by, nor holds any position in, Kraig Biocraft Labs (KBLB).
