Replies to post #241601 on Sulja Bros. Building Supplies, Ltd (SLJB)

[ibreken]

Classic foolish idea. I think it ws him saying 'with so many bashers here, something good is about to happen' and all that crap. In the same league as 'bashers never bash a bad stock' and that idiotic mentality.
I wish I could sell but alas, I am in Ontario. I really could have used that $13 after fees my shares are worth....I was going to get McDonalds tonight ;-)

[gdb81]

The allegations against SLJB are not proven.

This was the line that kept people on the noose until the floor was officially dropped out from underneath them.

As if this were some sort of criminal trial, or that the OSC/SEC is a bored district attorney going after sulja with wild claims for fun. Trading on an exchange, or in general, isn't a right, it's a privilege . SLJB has to claim it's innocence, that the PRs had some validity, that the nominee accounts weren't trading inappropriately, etc...the burden of proof is on SLJB to explain why they should have the privilege to continue trading.


The SEC is over-worked and under-staffed, they don't go after companies for the hell of it, ever.

What you realize after you see a few of these: if the SEC steps in then there has been wrong-doing, you can bank on it. The only question is to what extent and how bad the fallout will be.