Anything is possible but I don't think retail investors bought most of those shares. I was watching HUGE blocks at the ask throughout the Thursday trading session and some on Friday's session as well. Hedge funds I'm sure contributed largly to the volume and in my opinion they are the ones calling the shots in the short term. Eventually when the AF's come out, a lot of questions will be answered and we will have a new base to start with. Either way, next week I honestly believe we will go up based on a number of factors.
Here are a few:
1) Anticipation of an update to clarify and to keep Petar from more legal trouble.
2) The PPS is oversold and there will be investors in droves trying to capitalize on the recent drop
3) The Audited Financials in any way.
4) The fact that SULJA has ASSETS and is a PROFITABLE business way before any of the Middle East business was even mentioned!
5) Plain old curiosity will be a phsycological reason some will buy in next week.
I honestly believe we will make a turn around for the better soon. Remember, some stocks crash as this one did but 90% of them make some sort of recovery. At these prices, my curiosity and knowledge of the company will not let me pass it up.
I am not telling everyone to put ALL of your money on SLJB, just what you can afford to lose. Those decisions are ENTIRELY up to you and I will NOT be held responsible for any decision you make as a result of any of my posts.
All I'm saying is that I find it so hard to imagine that this is a scam because if it is, Petar and gang have set themselves up perfectly for definate jail time very soon!
The only way to avoid any of the serious consequence's is to just "Do what's right" for the sake of themselves, the company and it's shareholders. And let's not forget any future customers.
With some of the rumors I've read in here regarding something to do with a possible asset transfer issue, if they are true, because of the situation Petar finds himself in now, we may even be forced to do a merger with the company that supposedly aquired the assets soma re speaking about just to keep them out of trouble. That is only speculation and NOT a fact that I'm aware of.
With that said, I will say that I will be buying this week. GLTA
Airys418
There are a number of other factors that will
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