Replies to post #102558 on Sulja Bros. Building Supplies, Ltd (SLJB)

[12ring]

Fish great post per usual. You are a true inspiration to the board, thanks. JMHO GLTA

[shimtampa]

Great post Fish, that for all you do for this board.

[lukin4winners]

Wonderful post and great speculation but in the meantime the "slight delay" is turning into a resounding SILENCE which gives the mm's ample time to manipulate the crap out of this stock. Petar get the AF's out or who ever is doing the audits so we can see what's going on and end all the speculation and opinions.

[schreigl]

very good - as always. thx.

[jdouble]

Fish I totally agree with your post, been watching your posts for quite awhile, always a good read

[bfogerty]

Great post as usual. I do have a big concern about the naked shorting that I'd like to ask about. How do we know when we've bought the stock that we haven't bought from some of the naked shorters meaning that we don't actually own real shares of SLJB? It then seems to me that if the shorters get squeezed too much they might just disappear, leaving us holding the bag. I find it hard to believe that any naked shorter would stay short given the pretty strong possibility of losing a what could well be a huge amount of money. Or am I missing something about how all this works? I'd really appreciate it if you could address this issue for me. Thanks.
Greg

[Tuslog28]

Fish: your 102558 post is a must read for all. excellent as usual. em

[Teamlasvegas]

Fish ( :>)
.125 @ .13
V = 9,698,953

$$$$$$$$$$$

Posted by: Fishforbreakfast
In reply to: jdouble who wrote msg# 102484 Date:9/29/2006 9:41:30 AM
Post #of 103114

Hello, JD.. You sound like myself posting on the Board. LOL.

You are one of the few that seems to understainding whats really going to hapenn once the AF are out. Good for you.

The few things we do not know at this this time are.

Have the previous insiders sold or are they holding some or all of there shares?? IE 3 at 40 million each??

Has Wessal started buying?? Some feel they have some feel they are not able to buy until after the AF are out..

In any event 138 million shares are in the Public Float. This is assuming that the current insiders still are holding all there 362 million shares.

Regardless if the previous insiders are selling or not.. Regardless if Wessal has or has not started buying..

I am of the opinion that there are a lot of Naked Shorted Shares from the Past that are going to be need covering. Some are estimationg 200-300 million from LFWK.. That number seems reasonable..

If Current insiders hold and Wessal buys there shares.. You only have 13 million shares around..Demand for those shares are going to send the PPS to much higher levels.. Some are going to be AWE Struck a month after AF come out..

Remember If Current Insiders hold there shares and if Wessal does indeed buys and holds there shares.. The currentretail holders have the shares the Shorts are going to need to cover there open short positions..

IF YOU HOLD YOUR SHARES. THE SHORTS WILL HAVE TO COME TO YOU AND PAY YOUR PRICE..

This board alone holds well over 13 million shares.. Most here do not fully understand what going to hapen once those who are short are forced to cover there open short positions..The shorts will have to cover by choice or by Fed Margin Calls.

People are talking about .50 cents a week or so after the AF are out. In my opinion if the Public float is only 138 million shares and Wessal takes 125 million shares..

The Demand for those 13 million shares could take the PPS to the Required Nasdaq Listing requirements in under 30 days.

Now all of this is based on Currnet insiders holding there shares and Wessal holding there shares.. At one time I kinda remember reading.. That Current insiders would be selling shares back into the float at much higher prices.. I believe that was said by Dennis Ammerman in an earlier PR.

In any event. Petar has given fair warning to those who are short..

In my opinion after the AF are out. You will see some additional PR that will start to take the PPS to it's correct value.

My head spins when I think of a Company current valued at .13 cents a share. That could be doing well over a 1 Billion dollars in annual revenues just with another 1 or 2 decent size contracts.

I dure hope some realize what those kinda revenue numbers are going to do to the PPS with just a modest PE of say 20.

The we have a whole new group of potential investors sitting on the sidelines that are waiting for AF. What will that demand doto the PPS??

Once listed on the OTCBB Market. You then will have some Institutional and Mutuial funds Investors that will take postions.. What will that demand to to the PPS.

If the stock does indeed get listed on the Dubi Exchange. What will that demand do for the PPS.

Once the PPS get to the Nasdaq Listed requirements and a Nasdaq listing happens.. Then you have some really serious money via the way of large Institutional & Mutual funds that will be buying and taking shares off the market.. What will that demand do to the PPS.

If a Cash Dividend gets thrown into the picture. All Bets are off.. In my opinion the Cash Dividend will be the one thing to get the PPS out from under the influence of the Hdge Funds that target Pink Sheet and Weak OTCBB stock. Remember thats what the Hedge Funds thought they had shorted when the IPO came out as LFWK. A new stock with little potential..

The demand for the stock will be Huge.. In my opinion a forward split at some point in time is almost a given..

For now nothing else matters. The market needs to see the Audited Financials. If the numbers are as they have previously stated. The Market will digest those numbers and take the PPS to it's correct value..

In all honesty I am somewhat frustrated. Like many all I can do for now it sit back and wait. MOO Hope all have a great day and cooler heads can prevail. FFB-Fish

[arni]

another super post, Fish...constantly impress me with
your perceptive and positive point of view. Please
keep up the great work!

[Rocky959]

If there was any truth to SLJB's claims you would be correct in your assumptions, but sadly there is no truth to anything this company has put out to the public. As each day passes it will be harder to keep up the denial that still has hold of the few hardcore longs left here. It's very sad, very sad indeed.


Rocky