Replies to post #290455 on Sulja Bros. Building Supplies, Ltd (SLJB)

[EarnestDD]

How can you guess the size of something you have no proof that it exists???
You might as well guess the weight of the craft at the Roswell site in 1949.
Same kind of conspiracy theory.

There is no naked short.
Far more likely is the idea that Andrew dumped his shares in his US Nominee Accounts when PV would not post the dummied up financials on 11/16.
It only makes sense that if PV had some Nominee Accounts; that Andrew would as well.
Think about it.

[boogaloo]

IMO, if (IF!!) this thing was naked shorted... it was probably by the scammers who set the whole thing up and PUMPED us full of lies... as they might have been the only ones who knew this POS was worth nothing and would go way down eventually.

[jbgoodtrader]

I have read numerous times that the MM's & Brokers can just pass the FTD's amoungst themselves, to circumvent the Settlement Rule's time-period(s).

And, I don't see where this loophole has been closed under the latest rules on FTD's!

So, how can anyone really tell what the true picture is, as far as Counterfeit Shares, Naked-Shorts, FTD's, etc. are concerned?

The Market has got to become much more transparent, or nothing is going to change for the better in the Penny Stock World.

While, I believe that there are some crooked CEO's out there (not saying anything about SLJB, as nothing has been proven yet), I think that the majority of people in business are honest, hard-working & ethical. Besides, the CEO's & the Principals of the companies are easy to find, as they can't hide anonymously within the Market or the Internet, so IMO this would be a big deterant to most people!

Personally, I think that most of us here are being raped (financially-speaking) by a relatively small number of individuals, taking advantage of a system filled with loopholes & "slap on the wrist" penalties IF they get caught, etc.

John Good

[ChrisJP]

Does the naked short possibility matter ? They have to be given a reason to cover -- which SLJB will never giver them.

Chris