Sulja Bros. Building Supplies, Ltd (SLJB)

[JJSeabrook]

BLOCK TRADES: Visiontrack, I wish I could do a screen shot of my Microcap Trading alerts. There were a total of 6 block trades today. It shows a red DOWNTICK arrow if the block trade went through at a lower PPS than what it was when the block trade went through. IF the block trade went through at a higher price that what the PPS of the stock was before the block trade, there is a green UPTICK arrow. IF the block trade went through at the same PPS as the last trade, there's no arrow at all. For instance:

16:00:00 DOWNTICK 500,000 shares @ .074.

The PPS before that trade was .076. It dropped to .074 when this 500,000 share block trade went through so that gives you a red DOWNTICK arrow.

There were 4 block trades today that show a red downtick arrow in the following amounts: 500,000 @ .074, 250,000 @ .074, 500,000 @ .074, and 1,000,000 @ .074.

There was 1 block trade that shows a green uptick arrow. It was for 400,000 shares @ .077.

There was 1 block trade today that traded at the same PPS as the trade before the block trade went through, which has neither a green uptick arrow nor a red downtick arrow, for 200,000 @ .076.

This is how you can tell if a block trade went through at a lower PPS than the last trade of the stock, if the block trade went through at a higher PPS than the last trade of the stock, or if the block trade went through at the same PPS as the last trade.

You can also track these to a fair degree of accuracy by watching level II, but it's much easier with a program. I just have to type in the range of trading for SLJB for the day, .074-.0795 , and I automatically get every block trade that went through on the stock for the entire day, or at any given time of the day. Hope that helps.

BTW, they painted the close today and that was no accident.

JJ

Posted by: Visiontrack
In reply to: peorge who wrote msg# 48251 Date:8/18/2006 4:10:38 PM
Post #of 48283

Don't want guessing,
I'm just looking for a simple answer, I'm long this stock at the moment.
Just don't want people putting guessing out as if it's fact if they don't know for sure.
I've heard about these large block buy's since wessell announced the 25% buyin. Yet no one is tellig me how they tell the diff from a buy or sell when it goes at the bid.

They may be right and they are buy's, I'm trying to learn something here.
If they can't tell me, then they should stop calling them buy's!!!