Sulja Bros. Building Supplies, Ltd (SLJB)

[janniebgood]

Jannie with a new CEO, already have a new CFO, wrong doer's are punished, SLJB is still a real company with holdings doing business as normal. How long do you think it will take to get back to Nov 16th level?

First of all, how do you know for sure the company has actually hired the new CFO? I remember Petar saying on a blog that they would be hiring one, but have never seen any public announcement confirming that he has been hired. Did that information come from the company?

That aside, I think there are so many factors which influence the stock price, I really have no clue how long it will take to get back to that level (and I assume you meant November 15 rather than November 16), or if that level can be reached again at all. I think a big factor will be the amount of any fines and/or disgorgement required of the company, if any at all, which will certainly figure into the net worth of the company and thus the share price. Market confidence is also a factor. Too many unknowns at this time to really have a solid opinion about reaching that level again.