That fax alerted all the other 10,000 offshore hedges that this promo play was on the short side now. Now those hedges are up 60% in just 2 days on the SHORT side after making 1000%+ on the LONG side.
XKEM, FHAL, SLJB- You have to remember, these promotional plays are scripted much like Pro Wrestling, shells turned into big shows financed by offshore hedges and run by promoters to make money on the long side AND short side.
Its basically like betting on fixed Pro Wrestling vs. a real sport- and your always betting against the house like in Vegas. And unfortunately, the ONLY one who can win money on the short side is the offshore hedge.
Amazingly due to the message board plants and "auto-readers" SLJB is still the "most read" and most posted on IHUB, to sucker in more pikers to add to the bagholder base already down 60% and trying to win their money back from the Hedge, as he just keeps taking MORE of their money. ROFL, LOL, Guff- Guf- GUFFFAWWW!- just like Vegas: http://www.investorshub.com/boards/most_read.asp
AND even when you can google everything about "Sulja Brothers" and ID the promo game in less than 60 seconds, and already SEE the sharks in the water and the DUMP side is on as of Thursday AM:
Take away the webistes and the story and theres nothing to SLJB but a tiny building supply office in Canada "Out of the reach of US law enforcement", and hedges and stock promoters. Vanishes into thin air and a new promo is started at the next shell.
And you can see by the recent "stockster" $3m profit expose the big winners in these shell games are the promoters, hedges, insiders, and mm's... not the pikers.
Now I'm not going to bash these type of stocks on the LONG side because theres "some" trading money to be made, but on the SHORT side, outside of a few shortcovering blips, they are taking up valuable stock market Real Estate on the message boards in a slow summer market as the hedges shear the sheep and the stocks go back to 0.