publications.Yesterday, the company reported that Emerging Growth Research has issued a research report on KBLB, which obviously has provoked the traders’ attention.
As a result, the stock soared approximately 12% on the market and managed to trade over 33 million shares for the day.
Looks like Kraig keeps fighting to hold the current uptrend as long as possible.
Recently, the company announced it was to hold a press conference on its laboratory updates, though, there’s no news on it yet.
In the meantime, the financial results of the company remain the same – disastrous. No revenues, no cash and an increasing operating loss. However, Kraig keeps talking about its “brighter future”, relying on the laboratory researches and on new products to support the operations.[BANNER]
Thus, no one knows how long the up move can survive.
