Replies to post #256590 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Grande25]

So you are saying it's a buy at .006. Roger that.

[DuncanCrimson]

LOL, thats because the proper trade is to SHORT it on any rise.
It goes DOWN on high volume, then they bleep it up on a few shares and short it again.

There is NO WAY anyone with brains is buying into this scam now. The only story left is how much can we make shorting it, which is why I have shorted it three times now. Today its at .009 for a high which seems to get a couple people excited here, somehow, lol. But thats less than half the price of when .02 was considered in the trading range for those same people to think that was a great time to "average down".


The charts say it all, its all distribution and zero accumulation.

If people keep averaging down, they will average right down to zero. Volume has fallen off immensely, so a new low is needed soon. I suppose theres a tiny chance it will go over .01 cent one more time for shorts to buy and close out the last open positions, but I actually highly doubt it. (And I would add to any SHORT position if it does).

Soon this board will be talking about how its a buy at .0001 because it cant go lower and still be quoted. Market makers dont have to fill any order that isnt at the ask or at the bid, and they dont even have to fill them there, if they dont want to. They just change their bid or offer as they see fit. They own this stock now and they make 10% to 20% or more off of every trade. When the last few people who need to buy to cover (or "average down", lol), the volume will dry up even more. 3 months ago avg volume was 20 or 30 million, 6 months ago it traded 40 or more million. And now its trading at 1/10th the price and only 6 million shares. Thats only $40,000 worth of shares trading today. And its getting worse, and will get alot worse.

THATS when there will be one of two things happening.
Either a reverse stock split, so it can trade below .0001
Or they go off pinks to grey and just stop trading after the shorts have all covered at .0001 or .0002

Best to short it now - EVERY SINGLE TIME IT GOES UP, before we cant even make back some lost money that way, lol.

Good Luck!

Duncan

[Waylon]

Janice,
I appreciate your posts, but I disagree. I think there is too much anger by so many here to actually call the play. It is there, and I think alot of folks know it....which is why they are on this board every day (even though they no longer or never did own shares) emphasizing ONLY the negative possible outcomes. We know we have at least 3 months (just like the last 3 months) to make plays on this stock...and that is just what you do with penny stocks. No one here is invested in Fortune 500 companies by buying these pennies. It is all a gamble and at least 80% of these pennies are shams...but there is real money to be made even though it's all a gamble...and everyone here knows it. Look, anyone can average down to $0.0069 and get out of bed bright and early every morning and park their ask right there and that would stop the runs to $0.0085 and $0.01 right? Nope. We both know we can't buy at $0.006 and I do not think we will be able to for at least 3 months. The real question is how high can they take it this time and I think that if they want, the number of shares availeable under $0.02 is very small and it is entirely possible that we see that number in the next 3 months (even at smaller than the "old" volumes). Why? Because most shares are locked up by longs having lost too much to sell and are waiting to see where this whole thing ends up. If you look at the volume, PPS and shares traded from $0.02 to the fall to $0.004 you will see what I mean. On top of that you take out the "average down" shares and this stock can indeed move on very little volume. Waylon