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Being rendered wordless or speechless is not a sign of agreement, Sally.
I did notice the 100 share trade for 0.0018 early in the day (trade value 18 cents!). This seems every bit as outrageous as a 1000 share trade at the end of day. However, I have not noticed a pattern of the early, tiny, under bid trades. There seems to be a pattern of last minute over bids, though.
IMO.
More tape painting, it would appear. 1000 shares at 0.0024. $2.40 total trade value. I will be happy to do the statistical analysis again if folks give me a list of stocks to which to compare SLJB. Some of the kool aide crowd took umbrage at my choice of samples last time. Please choose stocks for which there has not been a material news event for a few days.
Just one more way in which to delude oneself when they can't bear to face the fact that this POS is as done as a Thanksgiving turkey.
More like as rotten as last year's jack-o-lantern.
You are criticizing someone for being repetitious? Oh, the irony!
Red, you said I post the obvious. I post that SLJB is a scam, so on that point we agree.
You tell people to do their own DD on SLJB, then you claim I don't have all the facts regarding SLJB, then you refuse to share facts you claim to have.
Well, Red, that means I will keep posting what I know about SLJB and what I learn about SLJB. In all cases thus far, what I post has been in stark contrast to your pumping of this scam shell of a company. Since I started posting here the share price of SLJB has declined about 90%. Who has a better track record?
Your opinion is not grounded in facts available to the public. Sulja Brothers, in whatever incarnation you care to discuss, has gone from being a small home improvement store to a shuttered business that may (according to unsubstantiated rumor) try to sell drywall in a depressed building market in the middle of winter.
So take your choice, Red: Are you (A) making a bunch of wild claims with no basis in fact or (B) making a bunch of wild claims based on insider information?
Here's the entire list of AFA dealers in Ontario:
http://www.afaforest.com/retailers.php?p=1
Sulja is just one of 50 dealers listed in Ontario for AFA. I seriously doubt Sulja was a major retailer for AFA; rather they were just another tiny lumber yard selling boards.
IMO.
Why, SLJB has long term potential because there is almost no potential downside! Think about it: The stores are closed, the stock is hovering around two tenths of a cent. There is very little worse that can happen to SLJB (don't bother me with details about complete trading halts).
</sarcasm>
Plus it's your fault that he lied, right?
So if a car salesman tells you the car has 25k miles on it, has never been in an accident and has all the original equipment, and he puts this in writing, is it your fault when you find out he rolled back the odometer from 200k miles, half the panel work is bondo(R) and the engine is a rebuild on its last legs?
Wouldn't make any difference even if you did know.
IMO Earnest does not waste peoples' time, but rather provides a valuable service by alerting those thinking of investing in SLJB to the fact that it's a scam.
The mills of justice grind slowly... and in the case of Spain, exceedingly dumb.
IMO.
I asked similar questions of red a few months back, Todd. He promised to answer my questions if I first answered the same questions I asked him. I did so. He then added more questions for me to answer. I answered them. He still refused to answer the questions he promised to answer for several days. Don't count on getting any info from him.
If you feel that redskiesatnight is illegally pumping SLJB, I encourage you to file a complaint with the SEC.
http://www.sec.gov/complaint.shtml
If you feel that redskiesatnight is in violation of the IHub spam rules, I encourage you to report him to the admins.
You will never post anything that amounts to due diligence with regards to Sulja or SLJB.
Ever.
Now you claim to provide opinion, last night it was due diligence. Which is it, red? I suspect neither... rather, I think you are here only to try to dupe newbies into dumping money into SLJB, which is a scam.
IMO.
Great post, EarnestDD!
IMO.
It is not my intention to recruit
or persuade new investors at this time.
Everyone who believes this, please speak up.
Sand, my story has never ever changed.
Not once. I still fully support SLJB
and Petar Vucicevich. Stop trying to spin
my beliefs into something that fits your agenda.
That's a lie and you know it. You said Steve Sulja was going to be the savior of SLJB a few months back. It was SS this and SS that. Knock it off, Red. Everyone here is on to your deceit. You are not going to dupe anyone into buying more shares of SLJB, even though that is your only purpose in posting.
Could not have said it better or more concise. With LONGS like you two and Sally, Red and all the long suffering others, let us hope we are all in for a pleasant surprise...and sooner than later. Would love
nothing better than to have the last laugh on this.
In "The Shawshank Redemption" Red tells Andy that hope is a dangerous thing in prison. At the end he repents and comes to believe that hope is a good thing. In the case of SLJB, however, hope for something positive is only going to lead to disappointment and heartbreak... and maybe more losses if you are dumb enough to throw good money after bad and buy more of this scam.
IMO.
yeah but since this is a growth stock, it should be valued at 150,000 times sales, right?
Do you mean growth as in malignancy?
On what due diligence do you base your pride, feelings and confidence?
Yeah, I don't know how to set up a board survey. If someone does, how about we ask IHub's SLJB denizens in a semi-official manner if they think they are bagholders or investors?
Thanks!
I have done due diligence on SLJB, Red. I called Leslie on 13 April to verify that the laughably amateurish "seek and destroy" PR was genuine. I analyzed the trading patterns last Friday to show, at first approximation, that the odds of there being no tape painting going on were less than one in one thousand.
You, on the other hand, have posted not one whit of fact regarding SLJB.
Can we have a survey? Who now sees themselves as a bagholder of SLJB? And who as an investor in SLJB?
Despite the incredible adversity, SLJB has managed
to proceed with determination and vision.
I feel that we will see some very positive deveolpments
in favor of SLJB and that news will be well received by
the market.
Proceed towards what? A Determinedly Visionary Liquidation?
Red, you have been saying positive news is coming since I started reading this board. First it was the whole SLJB Rogues' Gallery that was going to pull the fat out of the fire, then it was Steve Sulja (whose character and business acumen you said were first rate), now it's just PV. Tell us Red, give us specifics, what's going to happen? When will it happen? Who will be calling the shots at SLJB when it happens? Otherwise, please stop spamming.
Texas bbq is a different animal from Georgia and SC bbq... literally. Texas bbq moos on the way to the slaughterhouse, while the others squeal.
I wonder... the trading halt was not extended to 5 November AFAIK, so will Ontario residents be able to trade on 1 & 2 November?
I sympathize with you Dutchtreat (and all who were duped by the confidence tricksters at SLJB/KORE). I hope folks are able to recover from their losses here (via another investment vehicle, since SLJB is not going to da moon, to da nasdaq or anywhere other than oblivion) and move on.
I also hope you (Dutchtreat) live to see the day when Georgia barbecue finally catches up to South Carolina barbecue in terms of quality. (Sorry, I couldn't resist ;) )
IMO.
Or he could stop tape painting for long enough to save up for a history book...
The only problem is that $7.8m is 5 or 6 times it's current market cap... I guess ol' Petey and Andy would have to fire up the printing press again...
IMO.
If Red has done so much DD, then why doesn't he share it with us? Chanting the same talismanic twaddle over and over is not DD, nor is it going to affect the performance of SLJB.
Give us the details of what you intend to do. How many shares will your painting trade be? When will it occur? At what price?
Thanks.
I asked publicly for suggestions regarding a pool of stocks to use as a basis to which to compare SLJB. You offered nothing hockmire. You did nothing to point out errors in methodology, just as you did nothing to refute the pics Woody posted (claims about posting on a secret message board that only kool aide drinking sycophants can see do not constitute refutation).
Keep spinning and deflecting all you want, it doesn't change the fact that you are wrong, that nothing is going on at the Sulja sites in Ontario (with regards to SLJB business) and that there is evidence of tape painting to make SLJB look better than it is.
Call for sample stocks:
Hi All,
Yesterday I looked at whether there is tape painting going on with SLJB. Although it seems that there frequently is, I wanted to do a statistical analysis. I chose a few stocks randomly and and a few more that are in the home building industry to compare to SLJB. It was a pretty small sample (number of stocks).
In the interest of even-handed analysis, I would like to do the test again, but with a larger number of stocks. The criterion for inclusion is that no major material event happens for the particular company on the day of analysis. E.g., if I included AMR (American Airlines) on a day when their computer system crashed and left people stranded then that would be a material event and may influence the trades toward the end of the day.
My hypothesis is that the very last trade of the day should be close to the VWAP for the stock if there is no news.
So, if you have a stock for me to include in the data sample please let me know. I would like to have at least 30. I will then take average percentage differences between the last trade price and the VWAP, standard deviations, and compare to SLJB.
Thanks!
optv ampx uaua seac tgt irbt bgfv were selected at random. Some are small bordering on micro-cap, some are big. low hd bldr blg mrgo hort are all listed in the home improvement industry. I will be happy to entertain suggestions for a different sample against which to compare SLJB, as long as the choices in the sample are justified and agreed to on this message board. That is, I won't accept dictates that someone claims to have justified with facts or analysis that is posted somewhere said person will not reveal.
Is someone painting the tape on SLJB?
The following is a brief statistical analysis of today's closing trades, with an eye to determining if SLJB exhibited a pattern that is out of the ordinary. This is a cross sectional analysis using today's trade data from the following equities:
SLJB optv ampx uaua seac tgt irbt bgfv low hd bldr blg mrgo hort
The source of the data is freerealtime.com (thanks EDD!).
Supposition: If a stock is not being manipulated via tape painting, then its last trade of the day should be at a price near its VWAP for the day on days when there is no material news.
I took the daily data for the above stocks (not including SLJB). I subtracted the VWAP from the last bid and divided the result by the VWAP to get a percentage difference between the last bid and the VWAP.
Results:
Among all the (sample, i.e. non-SLJB) stocks, the average percentage difference between the last trade price and the VWAP is -0.42%. That is, the last trade was, on average, about half a percent less than the VWAP. The standard deviation is 0.86%. Given the average last bid - VWAP share price difference and the standard deviation, we can conclude that the last trade should indeed be near the VWAP. SLJB closed 12.5% above its VWAP for the day. The test statistic is thus (12.5) / 0.86. This equals 14.53. Looking up this test statistic on a student-t table (using 12 degrees of freedom), we reach the following conclusion: The odds of SLJB having such a trade pattern naturally are (a lot) less than one in one thousand.
If there is interest I will do this analysis on days that I have time to do it, and we can see if there is a pattern of tape painting for SLJB.
IMO.
Note: I do not claim that this analysis is 100% error free. If anyone is interested, I will discuss it in more detail.
Attention all prospective SLJB shareholders!
Before you start to think that a man named Petar Vucicevich is the second coming and will lead SLJB to the promised land (yeah, I know I'm mixing New and Old Testaments), know the following:
Residents of Alberta and Ontario Canada are not allowed to trade SLJB because the relevant Canadian regulatory agencies have issued trade halts against SLJB.
SLJB has issued demonstrably false press releases, and told investors not to rely on anything they have said.
There is no proof that SLJB, a Nevada corporation, has any claim to assets of any company, public or private, anywhere.
The only assets to which SLJB may have a claim are those of Sulja Brothers Building Supplies and the various deceptively similarly named companies based in... Ontario and Alberta (where the aforementioned trading halt is in effect), and those companies are closing and ceasing business.
Caveat Investor Extremis
IMO.