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Just for completeness, Fidelity did not allow a buy order this morning.
Confirmed, have also just done a test buy. TDA seems to still be usable, at the moment. Perhaps the whole Robinhood mess has them distracted from penny stocks for the moment.
Welcome to the SLJB board. It has been here for a loooong time. Lots of history in this one. Make yourself at home.
Which leaves us in an interesting situation. If all anyone can do is sell, who will be there to buy, at any price? Of course, with a greatly reduced buyer base, we could see fire sale prices till the CE clears.
Trues enough. All the price in the world don't mean squat if there ain't volume behind it to support the price.
Looks like we are about to enter into the great unknown for pricing, as the CE is not yet (as of close on Friday) removed. I expect that some of my accounts will preclude me (and some others) from placing buy orders on Monday. How this will affect pricing, I haven't a clue. Anyone have some better thoughts?
But, as we've alll been told for 20 years, there ain't no such thing as shorting, and there ain't no such a thing as a MOASS. I guess today was just a pipe dream.
It has actually been fun today watching the light volume and little price motion on SLJB while also watching the multiple MOSSes in progress on numerous stocks across the markets.
Its been an interesting week. I'm looking forward to other even more interesting weeks in the days to come.
That info could well explain today's action. If the big brokerages were going to clamp off buying and only allow sells, then there would most probably be a real danger to holding into that period. The volume and upward price action says to me that someone, somewhere was pretty confident that this stock was not going to get pinched off to "Sell Only" status.
High volume and upside price movement. Defnitely looks like something is going on. Anyone have anyother inputs?
Yup, yup and yup.
That it does. That it does.
Maybe, but not much volume behind it.
Still no change on either Twitter or OTC. Will continue to monitor.
Just checked the OTC Markets site, and they have not yet removed the CE. I suspect that this being a major holiday week, as is next week, we may not see further action in the removal for a while yet.
That's some great info. Thanks for posting it here for all of us.
It would also be helpful if Management would start to become a bit more forthcoming about plans and progress.
Cool. Closed above .005 today. That's really encouraging.
Looks like today is the third attempt to break .005. Be interesting to see where things go from here.
Another one of those up-peaks. be interesting if it stuck till closing this time.
Well those were some interesting moves there for a few minutes. I wonder what was up with the moves between .004 and .0045?
But they CAN keep you from doing what you want to do, by restricting trading in CE stocks.
On the other hand, E-Trade is not my Mommy. They have no responsibility for the securities I wish to purchase through their agency.
Some brokerages permit trading if you execute a release which indicates you acknowledge you are trading in risky securities and it is on your own risk and recognizance.
So would I. And so would a whole bunch of us.
I think the day that news breaks, we will see substantial changes in PPS, one way or another
Link to page on OTC Markets site:
https://www.otcmarkets.com/stock/SLJB/profile
I note the following description now appears in association with $SLJB over on the OTC Markets site:
I figure I have all these years in already, so what's a few more days/weeks to see what unfolds.
That would truly be an interesting development.
With the release of the Attorney's Opinion letter, I get the feeling that $SLJB will make for some interesting action today.
I was happy at .003, I would be very happy at .03, and they would need to give me oxygen at .30.
$SLJB Definitely an interesting and intriguing tweet. There certainly seem to be activity behind the scenes.
Just like you, sitting and waiting for news, to see what is being done with this company. The Custodianship and bringing up to current wasn't done just because.
I would too.
The question of what SP to hold till has been a puzzlement to me. Even at the current price, I could sell out now and feel the 14 year wait was not a total waste of time.
On the other hand, 0.01 would certainly be better, as would a nickle, a dime or a quarter. In fact, a quarter would make me very happy indeed.
While I have no illusions of ever seeing $46, it gives me the chance to enjoy pleasant fantasies.
I suspect that it will require some news or other development before we see a substantial pop.
Steve's not part of the current custodianship. It has gone to court in Nevada and has been taken over by other, unrelated parties. It is under court supervision, so, no, I have no need whatsoever for any cell numbers of the original scammers.
While I appreciate the sentiment, could you clarify just what connection you think Black Pete, or any of the original crew has to this stock? It has been taken over by a new unrelated custodian (so it seems) and is now in new hands.