Replies to post #119962 on Sulja Bros. Building Supplies, Ltd (SLJB)

[boogaloo]

JustFacts, Thanks. That makes sense. Good sign for us, it would seem.

[molson_ice1]

Thanks for that explanation! Does anyone get the feeling someone has gotten word that the audit filing is very close? Why would they halt online ordering today as the stock has traded like this for weeks? Very suspicious...

[uw86]

thanks, lends support to what many of us believe

[Suljak]

Exactly!!! They are "protecting" the shorts!!!And just who are they?
So the moral of the story is not to be short on this jugernaut!
Let those that are playing with fire...
be consumed by the fire!!!
They cannot deny the benevolent horde of SLJB shareholders!
Can I hear an amen to that?

[eelfland]

I don't think TDA allows its customers to short penny stocks. However, the MMs might get caught short, even though they're not supposed to short unsolicited gray stocks, either. If they're worried about their shorts getting toasted, maybe they ought to raise the margin requirements on those positions, forcing them to cover. I know I wouldn't want anybody short in any accounts I had to bear responsibility for, unless those positions were margined to an extreme degree. All this activity does suggest that something may be in the works, though. I'm just surprised we're not inching up any more than we are. Same old sideways pattern, though. Oh, well.

[camper9]

In other words,

TDA is protecting the shorts at the cost of the retail buyers not being able to get the shares at the price they want. They want the shorts to have first dibs on the shares that can be purchased, retail buyers be damned.

Why am I not surprised?



===> significant losses for their clients that are short due to the inability to fill their orders to cover.