Sulja Bros. Building Supplies, Ltd (SLJB)

[Ripnrob]

I don't recall reading anything about SLJB's short Interest in that story.

So a couple of brokers get busted for misrepresenting short Interest and that is proof of the Big SLJB Imaginary Naked short position...Laughable at best...and the key word was busted. It's been 8 long years and not one broker has been busted for not reporting a SLJB short position nor has there ever been one post on this board that has shown proof of the SLJB fantasy short position.

Prior to January 30, 2012, in very limited circumstances, short sale and short sale exempt trades reported to the ORF may not have reflected the intentions of the parties to the trade. In cases where a member firm submitted certain combinations of data regarding short sale designation that were inconsistent with stated FIX protocol specifications, the protocol interpreted the submission in accordance with certain parameters programmed into the protocol. If the interpretation did not reflect the parties' intentions, the member firm may have incurred additional ORF fees in correcting the trades.



Effective January 30, 2012, the ORF updated the process for submitting short sale trade reports into the NASDAQ ACT System using the FIX protocol. As of January 30, 2012, the ORF rejects any short sale or short sale exempt trade reports containing invalid data combinations.

Everything is reported to FINRA, while on the flipside FINRA also conducts their own audits and investigations on a random basis beyond their own active investigations from reported abuse not to mention each broker is required to submit a report on all trades on a yearly basis.

Once again is there a document to support the claim of a short position in this ticker?

Fact is shorting is nonexistent here and in fact in most cases it is a tenth of a percent of any security in penny world because of the ridiculous amounts of money needed to borrow shares along with high fees to hold such a position. Tacked on are also the additional requirements by FINRA to have $2.50 per each share borrowed in Maintenance Margin.

Fact is there isnt a short position present and that is clearly supported by the Short Interest report which to date not a single document has been provided to show a short position.

I stand by my statement there is no SLJB short Interest naked or otherwise.