Replies to post #38743 on Sulja Bros. Building Supplies, Ltd (SLJB)

[cdxx]

they will be forced to buy the shares they shorted back. it's called a margin call.

[Shomidamoni]

Then the MMs really have a huge problem here, Don't they? So as of today, I am not sure Wessal is buying yet. If they are buying, then it is only to prevent the MMs to cover. Having said that, there are 2 possible scenarios.

1. MMs are walking down the PPS to cover by buying shares from weaker hands.

2. MMs are walking down the pps hoping to cover. But then, Lo and behold, Wessal is there buying from the weaker hands.
So, How do the MMs cover? Will they eventually give up and succumb to the buying pressure?

Could the second scenario be part of the master plan of check mate?


Mildtrans:
Vic666. One litlle problem here. If MM's sell to Wessal non existant shares what's going to happen when wessal will phisically demand to have tose certificates in their coffer? Unless Sulja is dumping shares on the market I don't see it where will MM's eventually will get them from.