Replies to post #49147 on Sulja Bros. Building Supplies, Ltd (SLJB)

[michwlv]

I make no secret of the fact that this is the first penny stock that I have ever invested in...but my point is...if this board has that many shares...it only seems logical to assume that there must be more than 200 million total float?

Or am I making a mistake?

I have read all the info on shorting and the MM's...but it seems to me that every board I read no matter what the penny stock is...if it isn't going up...the board members are blaming the MM for holding it down. The MMs seem kind of like the whipping boy for every stock that doesn't go up.

I'm not trying to bash the stock, I own some shares and will hold till the end....but I think the float must be larger than 200 million.

Just an Opinion, mostly likely and ignorant one, since I am by no means an expert on the pinks!

[ohiobuckkeye]

chiphldr, I didn't know "institutional money" would even think about buying a pink sheet stock. Can you provied some examples or is this a first.

[The_Free_Nebula]

chip...The 3 people with 80M shares is a double edge sword. Been in many a play were folks with hoarded shares sell in panic or anger when they are not pampered. So it may sound good but I'd rather have a broad base of investors with shares that is always the best scenario...

TFN