Sulja Bros. Building Supplies, Ltd (SLJB)

[ATM]

Concerning those block buys .... It does not add up.
Supply and Demand .... basics ... if there is a huge buyer ... it should, in all common sense, create buying pressure and the stock's PPS should go up. PERIOD!

Why would MM's sell out of their inventory if they know there is a huge short position in the stock and they can't replenish their inventory. So, if Wessal is buying in the open market (25%) then the price should be going up becuase in theory there should be more buyers than sellers. But we are drifting on lower volume.

I don't know what is happening, but 25% would be approxiametly how many shares? 100 million?

What is the true float? Isn;t their 800 million AS , 300 million which is held by the treasury for future merger. So 500 million outstanding. Then there is the whole supposed "short position" or NSS position of supposed 100 to 200 million shares.

Something does not compute! Time hopefully will clarify all this. But, the reason why this PPS has not "busted a move" begs an explanation more than just unlimited NSS Phantom shares being issued. To much scrutiny in that area to just go rampant without being sent to the big house by MM's.

I don't think they are that stupid.