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Take a look at MULT... it won't be long before our pps looks like that... TELL ME that an audit and edgar filing won't make us spike huge...
Emmar articles stating that they intend to buy up a number of dubai related construction companies in the semi near term... one must wonder if Sulja/consultech, etc is on that list of prospects... they wouldn't disclose any names...
Emmar articles stating that they intend to buy up a number of dubai related construction companies in the semi near term... why do I feel like all this activity has an end goal of either nasdaq
I would love a divy for sure... but if an audit proving the validity of our SLJB comes out... that will be as good as gold... and the shorts will be forced to do plenty of covering... if they are willing to add risk at that stage... they would figure out a way to deal with a small dividend anyway.
The dividend goal was to kill shorts... but the pps pop will likely signifantly clean out many of the shorts and there may be no reason to offer the dividend... would depend on future nobo list t/a results.
I do keep a close watch on Penny... however, the timing here could be sooner however... the chart is setting up for a pop and depending on specific daily trading activity and the news/audit drop... all pieces are coming together for a double boom.
Your comments are totally in line... I would love to be a bug on the phone when these guys are talking... thing about all this is the audit will make us forget about all this pre-audit discussion... and we will be discussing how we are going to get on the nasdaq as the price churns ~ $1 or so as we await further update...
I would love to be able to hold through June... so I can pay that minimal 15% tax... that would be hot... and all this good news is making me confident I can do it!
I am not getting too nutzo in the near term pps projection... seems .50-.75 will be an utter minimum... and $1-$4 a maximum based on short covering and panic buying.
Wassel can buy quietly like buffet... but the key is that wassel will not likely sell after the near term pps boom and short covering scenario... therefore, we can expect the pps to maintain higher levels easily after the initial run because shareholders like Wassel will be long term holders of a large portion of the o/s.
800 million is a/s... authorized shares that are not in use and could be used for future m/a activity.
500 million is the o/s repeatedly published in past pr's...of those, many are held by insiders and only approximatly 138 million are available to you and I.
Clearly, the stock price reflects a non-diluting scenario...
.15 ain't bad... you had the right idea as the audit was announced in hand by the ceo... what can ya do?!
Particularly given the "board" had reviewed the audit... that probably made the representative from Wessal have a stroke... we must think of something to give us a chance to put some more shares in our pockets... I got it... let's make up something about a language issue... that way, people will still know the numbers are good... but we need more time to load our respective boats... nice...
Holy smokes... I must re-evaluate my pps projections...
Nice... it was comical and true nonetheless.
You mean, c'mon bollies, strangle the shorts... and shoot us higher!
I am being conservative on the chart reading commentary... the best buy ins vs best selling opps... the bollies were super tight when your scenario happened... the were recently tight when my scenario happend... before those two incidents there were even larger percentage gains...
Wow, you don't know anything... is there a way to put -1 people mark on someone? Charts mean lots... except when there is dilution... which there is none going on here...
For chart reading rookies (1millionfl is not a rookie btw)... the tightening bollies suggest a SIGNIFICANT price movement, up or down ... the tighter they get, the bigger then expected movement... add any other catalyst to that... and it just multiplies the movement.
Keep in mind... other indicators help suggest the direction of the movement... in this case I attached some other buying indicators like the bottoming williams and bottoming stochastics... also the rsi is at it's historic bounce area... it is all coming together in the next 1-4 trading sessions... give us the audit... and the resistance of price appreciation here will be quite high... there will be nothing stopping us chart wise... just green pastures waiting.
It's 25% of the float last time I checked... not 25% of the company?
You never know... in the OTC world... the most recent delay could have been a way to suck some shares out... and give them to that 25%... great strategy...
The bollingers never opened significantly from the last move from .105 to .17... even though that was quite a percentage gain... the bollies are coming together a second time quite quickly... and that along with the other bottoming indicators will cause pps appreciation here with or without the audit... with the audit timed just right here... wow... fireworks.
25% of the shares is quite a few given that we already hold our shares so tight... I don't know how they are going to make it happen...
Whoa... what happened... someone highjack your pc?
Thanks... you are quite the master of calling the big plays around ihub...
Based on the history of big events, we have until Mid december before I panic... I would think that type of extended time line is more than enough.
I agree... SLJB is the number one read board almost every day if not every day for the last few months...
Given the minimal trading here today... and knowing that a tremendous amount of people are on the fence... the explosion on the day of the audit is going to reach irrational levels... too many people on the sidelines... it's just going to be nutz.
Wow...
Rank Board Reads
1 Sulja Bros. Building Supplies, Ltd (SLJB) 130446
2 Laforza Automobiles Inc. (LFZA) 74350
3 CyberKey Solutions (CKYS) 41078
4 BB's Penny Haven 34002
I would agree... clearly there are no new shares coming to market... and clearly the longs here have white knuckled tight grip on theirs... this would be a foolish time to sell given the circumstances...
BTW, bollies tightening fast... this action is always followed by a significant price movement... if the audit hits Friday or Monday... it will be some explosion... but even if not, I suspect some other noise will cause our pps to go up by then...
Good job getting some cash out of CSHD... even if it manages to move higher... that is the riskiest play I have ever seen... completely different from SLJB...
I think there is 100-200 million dollars worth of people sitting on the sidelines every day reading this board waiting to see if that SLJB audit is out yet... and watching other outlets ready to pull the trigger if the audit hits the news wires... I have my Trigger news set up! lol
We will have the attention of a massive amount of buyers when that audit hits... and that is why we are here... we are the longs... we are the patient... we are the future party goers...
They know that would crush any hope for the nasdaq... you are too overly cautious.
The mm's know something... and are slowly sharing it with each other... I think we open any day now at .71 / .72... get ready... if the audit comes outside of market hours... the mm's have collected enough shares here to simply adjust to the mathmatically appropriate level... that is what happens when rock hard information hits... just like a buy out offer or anything else... it sets a reasonable price on the stock... and then regular trading activity sets the price from there... likely we continue to move higher with short covering and the fact the proforma will be validated.
The most recent PR stated they are going to make the audit public... that hasn't changed...
I use bollingers to predict movement... when they get tight the stock always goes up or down quite violently... depends on other indicators and on the stock in general as far as news, etc.
The Williams is a great tool for intraday buying and selling... just for a few tix even on a bad stock you can make some money trading on the williams.
Thanks... every 1 day on this board feels like 10... patience does not last long... 1/2 day, 1 day at most... so, it's expected that people will get upset day after day... that is why some of our favorite larger shareholders don't post here as often as they used to... but they are still in... and that's the signal to keep the faith!
Also, don't forget about the accumulation/disti line... we are holding this stock tight... when the failure to deliver hits post audit... we could have an audit spike + a super naked short spike... I am not looking back at Christmas when this thing is $.75 - $4 and thinking, sorry honey, I was going to get you the Benz... but sold SLJB thinking it was a scam... please love me anyway?!! :)
For flipping... use the Williams % 15 min... and bollingers... they are two indicators that have been extremely helpful in flipping.
As the LFWK / SLJB monster grows, more people get more aggressive and push more and more on the company for answers... the company responded like a pinksheets company normally responds... with giving too much information to shareholders that ought not know anything about the behind the scenes activity... we should have never been offered a time frame... and Petar should not have a blog... that was the request of the shareholders on this board... and it backfired once they realized they have a translation problem. Simple fix.
I thought this was very telling... the audit is quite a process... and it started back in August... and was promised for September... so, based on a similar time line from Sulja history... predictions for completed audit are as late as mid December... just keep that in mind as patience wears thin... I don't think it will take that long... it's just text adjustments and once again another final review and signature and fedexing around etc etc. The audit is materially complete...
Could be a good flip though... this news went without fanfare... if any follow up news comes out... and the stock already made a small move off the bottom... a little notice to the big rooms... and UDSG is back on the map.
4/10/2006 LFWK Finalizing Sulja Bros. Merger
7/31/2006, or nearly 4 MONTHS after the announcement of finalizing... did the actual symbol change from LFWK to SLJB.
* If you read this line from the 4/10 PR... and you held for a few weeks and didn't get your new symbol... you would have thought SCAM... no merger takes this long to get a new symbol...
We are talking about a first Audit for an international company that has locations in several areas around the globe... it takes time... if you sold back in May or June... you got about .02 or less for your shares.
Sulja Trivia:
4/10/2006 LFWK Finalizing Sulja Bros. Merger
True or False:
7/31/2006, or nearly 4 MONTHS after the announcement of finalizing... did the actual symbol change from LFWK to SLJB.
The moral:
* If you read this line from the 4/10 PR... and you held for a few weeks and didn't get your new symbol... you would have thought SCAM... no merger takes this long to get a new symbol...
Guys, we are talking about a first Audit for an international company that has locations in several areas around the globe... it takes time... if you sold back in May or June... you got about .02 or less for your shares... take a breath... it won't be long...