Sulja Bros. Building Supplies, Ltd (SLJB)

[scorpio70]

Posted by: 16novem
In reply to: scorpio70 who wrote msg# 236612 Date:1/6/2007 1:56:36 AM
Post #of 236670

scorpio, why would you make such a silly statement like this?


For now I'll remind them that I'm long and strong 2.6 million shares that I will permanently retire now taking the A/S from 725 to 722.4 million shares until this stock is on the Nasdaq.

I made that statement out of a sense of decency. Many here have been hurt by the criminal takedown in value from .09 to .01 on the morning of the 16th within minutes in a travesty that was in the domain of what market makers are able to do in an unsolicited marketplace.

While L2 screens were conveniently denied all to see on the board, as had been the usual custom up until the 16th... many were shaken in their confidence and sold their shares.

They sold at a bottom and were manipulated in that capitulation by a series of events that with twenty twenty hindsight will be considered a major tragedy to have sold.

While I'm not the wealthiest man in the world, I felt in fairness to those who were swindled like that and hesitant to buy back in for the Stockholm syndrome of a lifetime they'd been subjected to here on this board by teams of professional posters spewing every imaginable disingenuous thread of negative sentiment imaginable... that they would appreciate knowing that another fellow investor understands the sham that was played on them and wishes them to gain their confidence to own, back again.

Reducing the available number of shares that trade is one way of increasing value. Such as the recent removal of 75 million shares by the company themselves taking the A/S from 800 to 725 million.

I'll see what I can do to reduce it for them further next week. I'm in no hurry to cash these shares in until such time as they're properly valued.