posted
Not sure if there is already a post for this, let me know. I have questions for those who have knowledge.
Purl Gurl you have been in this game for a long time. I'm not sure if your still holding this, but any and all of your thoughts and opinions would be apprieciated. One question I have is, if there is a shorting of shares, how long after the ticker symbol change will they have to cover? Anyone that truely knows, please fill free to answer. Thanks
posted
Sulja Bros. Building Supplies, Ltd. Receives Investment Capital and Releases Financial Information
DUBAI, UNITED ARAB EMIRATES, Aug 03, 2006 (MARKET WIRE via COMTEX) -- Wessal International is pleased to announce that Sulja Bros. Building Supplies, Ltd.'s (PINKSHEETS: SLJB) financials are currently available on www.suljabros.com
CEO Steve Sulja states: "Sulja Bros. is pleased to release financial statements to the investing community. The posted financials are a compilation of Sulja Bros. and all of its North American and Middle Eastern wholly owned subsidiaries. We had a great year and our Middle East projects are supplying tremendous growth. We look forward to another outstanding year with increased net profits and growth."
Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd.
A Wessal International spokesperson commented, "We have acquired private financing to secure the vast supplies and materials needed in the rapidly growing operations in the Middle Eastern market. This will necessitate and alleviate the capital required for such an extensive demand for building materials. The capital attained will ensure that Sulja Bros. will not use company shares to raise capital in the near or distant future, and will continue to not only maintain the upward climb towards a high price per share, but to also steadily rise towards a higher market exchange."
posted
Sulja Brothers Building Supply, Inc. ( SLJB ): Poster Advisory: http://www.siliconinvestor.com/readmsg.aspx?msgid=22679792 . The Sulja Brothers established their business in 1986. They carry pressure treated lumber of only an excellent quality. For roofing excellence they carry CRC shingles. CRC has successfully combined technology and beauty, to create and innovative line-up of traditional 3-tab and architectural organic asphalt shingles. Quality raw materials, leading edge technology and impressive designs guarantee CRC customers the very best roofing products available. They are proud to carry "quality products for the handyman". Website(s):http://suljabros.com/ .. http://consultechconstruction.com/
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posted
Sulja Bros. Building Supplies, Ltd. Seeks Listing on the Dubai International Financial Exchange
WINDSOR, ON, Aug 03, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) is seeking a listing on the Dubai International Financial Exchange. The new United Arab Emirates exchange is dedicated to becoming a global financial hub.
A Wessal International Group spokesperson commented: "Recent deals have generated great interest in Sulja Bros. Building Supplies, Ltd. We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. on the Dubai International Financial Exchange."
CEO Steve Sulja stated: "Our recent dealings in the Gulf Region have greatly attracted the attention of the regional investors. We are very excited and working diligently to provide these savvy investors with a Dubai listing. We warmly welcome the Middle Eastern investors to the Sulja family of shareholders and look forward to even further expansion in this and other regions."
posted
Sulja Bros. Building Supplies Informs Shareholders That a Recent Fax Blast Is Not From the Company
WINDSOR, ON, Aug 04, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) has been made aware and is in receipt of a fax blast that was sent out from 2006 Market Sine. Sulja Brothers is not connected to and did not pay for a fax blast from Market Sine.
CEO Steve Sulja states: "Sulja Brothers is outraged by this recent spam concerning the company. We have already paid for a search with Intelius that will reveal the name of the fax spammer. The assisted search will take 24 to 48 hours to reveal the fax publishers identity. Intelius has already confirmed that the identity will be known from public utility records. Our lawyers will continue the investigation, when the phone number search is finished. We apologize to our investors for the inconvenience and we will pursue the publisher to final justice. There has never been, and will not be, any shareholder dilution."
Sulja also states, "We strongly believe that we have reached many shareholders through legal means and we are happy with the progress we are making, we have absolutely no interest what so ever to pursue spam and any other sort of mass mailing advertisement to attract the attention of a few measly dollars, we hold our shareholders with utmost respect and will continue to retain their trust. We state again, Sulja Bros. Building Supplies, Ltd. had nothing to do with the fax blast. Necessary investigatory actions have begun and our legal team will proceed to undertake legal remedies against those individuals responsible."
posted
Purl, if you get a chance this weekend, I would love to know your thoughts on this. Haven't seen ya around lately. I was reading on IHUB the other night, while you were on, but there are so many idiots over there you left. Thanks
posted
Cassity, sorry, I have been unable to respond as much as I would like.
You read my articles elsewhere, you read my predictions for share price behavior, early last week. My predictions are proven absolutely dead on accurate.
Because of those predictions and my not pumping this stock, elsewhere, I was harassed and my articles deleted.
Nonetheless, what I wrote was proven to be dead accurate, right to the penny.
For now, this is a pump and dump stock.
However, there are some positives. Recently released financials are very impressive. I am waiting for audited financials to be sure what is released is true and accurate.
Volume is extremely high which is both a positive and a negative. Positive is you can flip with a lot of safety. Prices will not change drastically, certainly not in a matter of minutes.
This one will continue to trade in a range of .095 to .13 with very little variation, up or down. Maybe a down spike, an up spike, but not for more than an hour or two.
Negative on volume is either dilution is taking place or naked shorting is taking place. I have not checked the SHO list in a few days. I am leaning towards dilution, although the company claims no dilution. Reason for this is prices are far too stable for naked shorting.
Cassity, this is an excellent flipper stock. I have gone through almost 300,000 shares early last week. Extreme volume makes this possible, and only extreme volume.
My opinion is to not hold this stock for more than one day, maybe overnight if you want to avoid the "Pattern Day Trader" restriction. Overnight is ok but very risky.
Try to buy at .095 / .10 then flip at .11 / .13 per share, if you can. Trading in high volume is how you will make good money.
Another opinion is be ready to buy a large amount of shares to hold for a couple of weeks, for a couple of months. If those unaudited financials prove to be true, if nothing negative comes about, I am fairly confident this one will move up to the .18 to .25 range, once volume settles down and once audited financials are released.
Again, recent financials released are excellent. Dilution or naked shorting is taking place. This one can be flipped safely while volume is high. There are present high risks, but less than we expect for a penny stock. Do not hold this stock until it is very clear those financials are true. Flip all you want, but do not hold.
Next week, behavior should be like last week. Do watch for signs of a sudden up run. Jump in and jump out as fast as you can. This one is being heavily pumped so share prices can instantly become very volatile despite high volume. Flip, do not hold until you are certain holding is safe and the right strategy.
I will post more as information is developed.
Almost forgot, be sure to consider the effect of the "blast fax" and the company response. None can predict how this will play out. I am leaning towards a negative effect on share price.
Another almost forget I am editing in. Those thousands of claims Market Makers are manipulating this stock are a load of mule manure. Additionally, there is NO short squeeze taking place. That also is a load of mule manure.
Stay away from the I-Hub board. I mean this.
Debate my opinion, please. Prove me wrong. Nothing more I would enjoy than to be wrong. You best do this with factual verifiable information. If you harass me, I will do all I can to have you removed from Allstocks. I will not tolerate any of you harassing me.
quote:Originally posted by Purl Gurl: Cassity, sorry, I have been unable to respond as much as I would like.
You read my articles elsewhere, you read my predictions for share price behavior, early last week. My predictions are proven absolutely dead on accurate.
Because of those predictions and my not pumping this stock, elsewhere, I was harassed and my articles deleted.
Nonetheless, what I wrote was proven to be dead accurate, right to the penny.
For now, this is a pump and dump stock.
However, there are some positives. Recently released financials are very impressive. I am waiting for audited financials to be sure what is released is true and accurate.
Volume is extremely high which is both a positive and a negative. Positive is you can flip with a lot of safety. Prices will not change drastically, certainly not in a matter of minutes.
This one will continue to trade in a range of .095 to .13 with very little variation, up or down. Maybe a down spike, an up spike, but not for more than an hour or two.
Negative on volume is either dilution is taking place or naked shorting is taking place. I have not checked the SHO list in a few days. I am leaning towards dilution, although the company claims no dilution. Reason for this is prices are far too stable for naked shorting.
Cassity, this is an excellent flipper stock. I have gone through almost 300,000 shares early last week. Extreme volume makes this possible, and only extreme volume.
My opinion is to not hold this stock for more than one day, maybe overnight if you want to avoid the "Pattern Day Trader" restriction. Overnight is ok but very risky.
Try to buy at .095 / .10 then flip at .11 / .13 per share, if you can. Trading in high volume is how you will make good money.
Another opinion is be ready to buy a large amount of shares to hold for a couple of weeks, for a couple of months. If those unaudited financials prove to be true, if nothing negative comes about, I am fairly confident this one will move up to the .18 to .25 range, once volume settles down and once audited financials are released.
Again, recent financials released are excellent. Dilution or naked shorting is taking place. This one can be flipped safely while volume is high. There are present high risks, but less than we expect for a penny stock. Do not hold this stock until it is very clear those financials are true. Flip all you want, but do not hold.
Next week, behavior should be like last week. Do watch for signs of a sudden up run. Jump in and jump out as fast as you can. This one is being heavily pumped so share prices can instantly become very volatile despite high volume. Flip, do not hold until you are certain holding is safe and the right strategy.
I will post more as information is developed.
Almost forgot, be sure to consider the effect of the "blast fax" and the company response. None can predict how this will play out. I am leaning towards a negative effect on share price.
Another almost forget I am editing in. Those thousands of claims Market Makers are manipulating this stock are a load of mule manure. Additionally, there is NO short squeeze taking place. That also is a load of mule manure.
Stay away from the I-Hub board. I mean this.
Debate my opinion, please. Prove me wrong. Nothing more I would enjoy than to be wrong. You best do this with factual verifiable information. If you harass me, I will do all I can to have you removed from Allstocks. I will not tolerate any of you harassing me.
Purl Gurl
I still don't know why this is pump and dump, and do not hold overnight. They are doing everything right. How can you deny those financials, and contracts with Emaar?
-------------------- Disclaimer: Not accountable for anything I say
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posted
No, you are practicing deceit. At no time did I write what you claim. This is very obvious to readers by simply reading my article.
I do not need to calm down, you need to work on being truthful.
Your article is a harassment article. I will not tolerate being harassed.
For the lazy who will not move back to read my prior article,
"However, there are some positives. Recently released financials are very impressive. I am waiting for audited financials to be sure what is released is true and accurate."
"Again, recent financials released are excellent."
Very clear I do not deny those financials, just as it is very clear Stocktrader22 is practicing deceit and very clear Stocktrader22 is engaging in deliberate harassment which is not welcomed and will not be tolerated by me.
quote:Originally posted by Purl Gurl: No, you are practicing deceit. At no time did I write what you claim. This is very obvious to readers by simply reading my article.
I do not need to calm down, you need to work on being truthful.
Your article is a harassment article. I will not tolerate being harassed.
Purl Gurl
Who are you to think you can talk to me like that. You are harrasing me, by making outrageous claims, saying that I am practicing deceit. You obviously do doubt the financials, considering you are calling this a pump and dump company, and with the financials if you believed in them, you would realize that this should be trading more than .10
-------------------- Disclaimer: Not accountable for anything I say
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posted
Stocktrader22, Purl did say .095 to .13 flip it, But with audited financials .18 to .25. I think if this plays out with all PRs true we see even higher,JMO
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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posted
Moderators, thank you for removing that harassment article. One of my articles now makes less than good sense, but this is ok. I would rather look the fool AND have a message sent Allstocks will not tolerate harassment articles.
Readers now understand my rant, which seems to be lacking sense. A harassment article to which I responding in a firm but fair manner, that harassment article has been removed for the good of all readers.
Again, harassment will not be tolerated here at Allstocks. You are invited to debate, to disagree, to argue your point. You are not invited to harass participants on a personal level. Doing so causes harm to all.
posted
I'm really surprised that you guys care what some Day-Flippers, or 'gets-something-right once-in-a-blue-moon' "told ya so"-poster thinks about a company with this kind of outstanding potential..!!!
If it was a 'pump & dump' as claimed by the meddling and uninvolved, there would be a ridiculous flood of eMail Splatters and Fax Blasts all over the bloody WWW touting the $25MM ('non-toxic - not a death-spiral CD') Private Placement. For crying out loud, if a typical whizbang P&D like VWKM got $250K from the sleazers at 'CornBall (Cornell) Crapital', every el Pumpo stocksputter outfit and stanky eMail Newsletter churner in the business would be all over it - like flies on a fresh Kansas cowpie..!!!
The Sulja's are looking to move this stock to the NAZ or AMEX with no r/s at the earliest possible time, per their recent PR. That takes at least $2+ PPS, plus revenues, etc., etc. Do you ever ask yourself WHY these "..pseudo-Know-it-Alls..", that have never built anything (..except a sandwich or a chocolate layer cake..), are wanting you "..flip out.." for chump change..!?!
SLJB is a 'Collect & Hold' in my book. .. The company is connected, it's doing business in the right places at the right time, it's not screwing with two-bit sleazers like CornBall Crapital or other small-company-wrecking rip-off artists, it's getting listed on the Dubai Exchange, it hasn't hired any 'WWW-based PR Touts' to try and get its message out, and the old LFWK short-n'-meddler's bash-effort in collusion with Pinksheets.com hasn't even slowed them down..!!!
Somewhere along the line, one just has to "..get a grip..", I suppose. Dennis Ammerman is gone, LFWK doesn't exist anymore, SLJB is poised for rapid expansion with deep-pocketed private support, and the old LFWK Shorts and Naked Shorts are scared absolutely poopless..!!! And, "..Oh My Gawd..", how it shows......
OBTW: Steve Sulja is out to "..prosecute.." the SOB who did that last unauthorized Faux SLJB Fax Blast. That should be a "..heads-up.." for the meddlers. But, with a little luck they won't heed it, and they'll end up sharing a cell in upstate New York with the likes of 'AnthoPuke' Elgindy; aka: Anthony(a)Pukerific over on SI..!!!
posted
Gee. I wonder if any of the projects listed below need building supplies, construction management services or professional maintenance support..?!?
EMAAR Properties - About the Company
Emaar Properties is a Public Joint Stock Company listed on the Dubai Financial Market. With an asset base of US$ 7.7 billion (including land) Emaar has witnessed tremendous growth since its inception in 1997. In 2003 Emaar reported net profits of AED 676 million (US $ 184 million), a 31 percent increase on the previous year. Total sales revenue was AED 3.72 billion (US $ 1.01 billion) – up 179 percent on 2002. Currently, it has ten major real estate projects under various stages of development. These developments include Dubai Marina, Arabian Ranches (including Gazelle), Emirates Hills, The Meadows, The Springs, The Lakes (including Hattan Homes), The Greens and Emaar Towers in downtown Dubai. The company also owns and manages the Gold and Diamond Park and has begun construction of Burj Dubai - the tallest skyscraper and largest shopping center in the world. While Emaar continues to actively pursue expansion in its core business of innovative, high quality real estate development it has diversified into related business lines to further build value for its over 40,000 shareholders. In line with this corporate belief, Emaar also owns and manages four subsidiaries: Dubai Bank, Amlak Finance, Emrill Services, and Sahm Technologies. Emaar has grown to an international class organization and is now moving into world markets
1. Al Fattan Marine Towers Al Fattan Tower 2, Al Fattan Tower 1. 2. Al Mejara Towers Al Mejara Tower A, Al Mejara Tower B, Al Mejara Tower C, Al Mejara Tower D, Al Mejara Tower E. 3. Al Sahab Towers Al Sahab Tower 1, Al Sahab Tower 2. 4. Burj Dubai Business Hub Burj Dubai Business Hub Building 1, Burj Dubai Business Hub Building 2, Burj Dubai Business Hub Building 3, Burj Dubai Business Hub Building 4, Burj Dubai Business Hub Building 5, Burj Dubai Business Hub Building 6. 5. Burj Views Burj Views Tower 1, Burj Views Tower 2, Burj Views Tower 3. 6. DEC Towers DEC Tower 1, DEC Tower 2. 7. Dreams Dreams 1, Dreams 2. 8. Emaar Towers Emaar Tower 1, Emaar Tower 2. 9. Fairways Clubside Residence Fairways Clubside Residence 1, Fairways Clubside Residence 2, Fairways Clubside Residence 3. 10. Golf Towers Golf Tower 1, Golf Tower 2. 11. Habtoor Grand Hotel Habtoor Grand Hotel Tower 1, Habtoor Grand Hotel Tower 2. 12. Jumeirah Beach Residence JBR Area A Tower A01, JBR Area A Tower A02, JBR Area A Tower A03.1, JBR Area A Tower A03.2, JBR Area A Tower A04, JBR Area B Tower B01, JBR Area B Tower B02, JBR Area B Tower B03 T01, JBR Area B Tower B03 T02, JBR Area B Tower B04 T01, JBR Area B Tower B04 T02, JBR Area B Tower B05 T01, JBR Area B Tower B05 T02, JBR Area B Tower B06 T01, JBR Area B Tower B06 T02, JBR Area B Tower B07 T01, JBR Area B Tower B07 T02, JBR Area B Tower B07 T03, JBR Area C Tower C01 T03, JBR Area C Tower C02 T01, JBR Area C Tower C02 T02, JBR Area C Tower C03, JBR Area C Tower C06 T01.1, JBR Area C Tower C06 T03, JBR Area C Tower C06 T06, JBR Area C Tower C06 TO1.2, JBR Area C Tower C07, JBR Area C Tower C08, JBR Area C Tower C09 T01, JBR Area C Tower C09 T02, JBR Area C Tower C09 T03, JBR Area D Tower D01 T01, JBR Area D Tower D01 T02, JBR Area D Tower D01 T03, JBR Area D Tower D02 T01, JBR Area D Tower D02 T02. 13. Marina 1 Al Mass Tower, Anbar Tower, Fairooz Tower, Mesk Tower, Murjan Tower, Yass Tower. 14. Marina Quays Marina Quays 2, Marina Quays 3, Marina Quays West. 15. Marina Scape Avant Tower, Oceanic Tower. 16. Marina View Towers Marina View Tower 1, Marina View Tower 2. 17. Park Island Blakely Tower, Bonaire Tower, Fairfield Tower, Sanibel Tower. 18. South Ridge South Ridge 1, South Ridge 2, South Ridge 3, South Ridge 4, South Ridge 5, South Ridge 6. 19. The Jewels The Jewels Tower 1, The Jewels Tower 2. 20. The Lofts The Lofts 1, The Lofts 2, The Lofts 3. 21. The Marina Promenade The Marina Promenade 1, The Marina Promenade 2, The Marina Promenade 3, The Marina Promenade 4, The Marina Promenade 5, The Marina Promenade 6. 22. The Residences The Residences Stage 3 Tower 1, The Residences Stage 3 Tower 10, The Residences Stage 3 Tower 11, The Residences Stage 3 Tower 12, The Residences Stage 3 Tower 2, The Residences Stage 3 Tower 3, The Residences Stage 3 Tower 4, The Residences Stage 3 Tower 5, The Residences Stage 3 Tower 6, The Residences Stage 3 Tower 7, The Residences Stage 3 Tower 8, The Residences Stage 3 Tower 9, The Residences Tower E1, The Residences Tower E2, The Residences Tower E3, The Residences Tower W1, The Residences Tower W2, The Residences Tower W3. 23. The Waves The Waves 1, The Waves 2.
posted
I don't think I'd mind just having just the paint, wallpaper, floor coverings, bath tile cleaner, and pest control products orders from that little bitty collection of real estate.
But, maybe it's all just a "..scam..". "..Ha ha ha ha ha ha ha ha...................
Being truthful, a month or so back, I expressed serious doubts about all of this. I honestly did not believe this merger and end result would prove to be profitable.
At the time, based on then known information, my opinion was correct.
However, this recent release of unaudited financials has changed my opinion, for the better. Those financials are very impressive.
I accept those financials on face value but I am a very conservative and a cautious trader. I want to see _audited_ financials before dumping a lot of money into this company.
My words do not indicate I do not trust this company, do not indicate fraud is taking place.
My words do indicate I am being cautious because all of you, like me, know financials can be less than accurate with any company; Enron.
Our stock markets, in today's world, are driven by deceit and fraud. This we know. Being cautious is simply mandatory if you are to survive these crooked markets.
I am not willing to make any projections on this company because I cannot explain why volume is so extremely high. Yes, a lot of flipping but not enough to explain such extreme volume. I will not go into details but price and volume are not consistent with high levels of flipping.
My thoughts are, again, dilution or naked shorting. This high volume must be one or both of those. This is a very clear warning signal, thus my opinion to be cautious until the dust settles.
I would like to write, "Buy and hold" but I am not comfortable with placing reader's money at risk. Maybe there is no risk. Nonetheless, I will not place readers at risk. Doing so is wrongful.
My current opinion, which changes as noted, is readers should flip but not hold, until a very clear and trustworthy picture develops.
Upon support of those financials through an audited release, I do expect share price to move upward but _only_ when volume falls to more reasonable and believable levels. Current high volume will keep prices down and level; no potential for upward movement, not yet.
Without potential, readers should not dump their money into this one. Silly to dump your money when there is no potential; you only place your money at risk for no profit.
This potential will change in the near future. Maybe good potential will come about or maybe this stock will crash. Until readers can make a trustworthy determination of potential, my opinion is to keep your money out, this is, flip if you want but do not buy and hold.
Be sure I am keeping a close eye on this and am prepared to jump in with a lot of money once this stock settles down and becomes predictable through fundamentals and charts.
posted
purl i appreciate the info, and this is the one that im going to hold for a while and let things pan out...but i did read what you wrote, and i to think this stock has a TON of upside, but things need to pan out...and the company needs to cont. to be good on there word..if so then this could be a penny that becomes a diamond..but its all in the hands of the company...so far they have been addiment abt keeping us investors up to date..and i was impresses with the fast reaction to the fax blast, I dont think there is any dulition going on...now this is IMO...no hard core facts, just my opintion..... I BELIEVE that the company is being honest...Sulja bros. is a company that has been around for a long time..and they are putting some big time names to be attached to there name, Wessel, Red Sea Group, Emmar, etc, I dont see them putting there name on the line just to have there stock shoot up a few pennies....and I see them getting the audited fins out soon, and hopefully that will attracted a new batch of inverstors, and not flippers...nothing against flippers, if i have the guts to sell them buy back in and not be worried abt this once taking off big time then i would..ive paper flipped just to see how i would of done, and ive could of almost trippled my initial investment...but oh well...im new and learning...so i appreciate the info and i hope that all the investors of SLJB make a ton of wealth from this potential dimaond in the rough...!
-------------------- Dont take my advice, due your own DD
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posted
It's amazing how some people's post sound just like a re-run of "..Hogan's Heroes..", where Sgt. Schultz is furvently sputtering "..I know naw-theeeeeng..." as a transfer to the Russian Front draws near /or the world is passing him by..!!!
posted
Weekendwarrior, I agree with all you write. All you write is reasonable, logical and is supported by known documentation.
"I dont think there is any dulition going on..."
I have some issues here. I am not sure what type of dilution is happening. Not even sure dilution is taking place but lean towards dilution.
My habit is to work at developing an explanation for stock behavior and for all things about a company. I have a need for deep understanding.
With average per day volume being twenty-million and last Friday's volume being thirty-one-million, I cannot contribute all of this to flipping and to simply sales from the company.
Volume is extremely high and prices are very stable, maybe down trending a bit. This is a classic sign of dilution through some mechanism; brokers unloading, lenders unloading, company selling shares, naked shorting or other methods.
This is about my only concern, this high volume.
I accept financials on face value, agree this company is making good contacts, business does seem brisk, growth is verified in the region. Almost all of the positives are there, save for this disturbing extreme volume and a lack of prices running upward.
Volume, flat prices, point to dilution.
Based on what is known, based on financials, share prices should be much higher, but are not. Something is not quite right. This leads me to my caution to readers to not invest their money too soon. Might be a mistake, this one might skyrocket Monday. Nonetheless, so far, stock trading behavior is not in keeping with this company's current financial status; prices should be higher and moving up.
Not being able to adequately explain a select behavior leads me, personally, to be cautious.
Again, I agree this company appears to be in excellent condition and appears to be primed for very good growth.
Readers are cautioned I could be dead wrong. This stock just might skyrocket without warning. I tend to doubt this but readers should not allow my opinions to be your deciding factor. This one is a real oddity. Just be careful.
posted
very well stated prul girl...i value your opinion...unfortunantly ( since i sold NDOL too soon) u were dead on , with the NDOL Fiasko...but i cant complain that was a great stock for the time and i made money...i could of made more but sold on that aweful shake..but none the less, once again i value you input and experence....and abt it skyrocketing, that is why im not wanting to try to flip it...and be left behind or tring to chase it...i just have a gut feeling abt this stock, and im willing to ride it out....but thats what the market is all abt, u either make money or lose it...and i hope to make some....GLTA .!
[ August 06, 2006, 19:11: Message edited by: weekendwarrior1 ]
-------------------- Dont take my advice, due your own DD
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posted
"...im not wanting to try to flip it...and be left behind or tring to chase it."
This is why clicking the button to buy or to sell, takes a real act of courage. Of all those virtual buttons available to us, that one is most scary of all; it is money.
When we arrive at the point of making a buy or a sell, our fear is a message, "I really do not know."
That is the true bottom line, true reality. We perform our research, we think carefully and, in the end, we admit silently in our minds we are very unsure of our decisions just before clicking that virtual button.
Our fear is good reflection on how we want to be and work at being careful. We know once our money flies down the electronic pipeline, our money might not come back, or that slot machine might start clanging coin after coin into our jackpot pan.
This fear we have is also a truth teller. Many will visit discussion boards and proclaim a certain guarantee of profits. Reminds me of your NDOL, "Guaranteed $2.17 per share!" Sure did not happen. This fear reminds us nothing is guaranteed in the stock markets and reminds us those who guarantee profits to readers, are liars.
There are no guarantees, not ever.
Should readers think of the button fear while reading articles, readers will be careful to not be fooled into scam stocks. When readers truly believe they will earn profits, this is a guarantee readers will lose money.
Seasoned traders determine when to buy, when to sell, based on odds. "What are my odds of making a profit?" or "What are my odds of a loss?"
Research, good reasoning, sound thinking and an absence of emotion, are the tools to discovery of what are those odds.
posted
Purl, thank you for all the information. I've been away all weekend and just had a chance to catch up. I like the way you approach all pinks with caution. People do not need to get their panties in a bunch, just because you say not to hold this for a long time(right now). Your cautious with all pinks from what I have learned from you, and that's never stupid. I'm very excited about this company and the potential it holds. Seems they are in with some very large companies. There is a guy on IHUB who's screen name is Allinone. I'm not sure if you have read his posts, but if you have I would like to know what you think of him. If the company is set on listing on the DIFX, do you think it would be wise for them to dilute. I have got the feeling from the companies press releases that they are not satisfied with staying a pinky, and it seems like it would be a very bad idea to dilute, if they are trying to build shareholder value. It is very difficult to make long term predictions without seeing ALL the information the company has, or their overall plans. It will be very interesting to see how this all plays out. Thanks again. -Cassity
posted
Killer Instinct, yes, yours is an interesting comment, my dear Tex.
When a coyote hunts a kill, he does so with cunning, craft and good thinking. A coyote does not simply give chase. No, he lies in wait, he moves up a bit at time, he stays hunkered down, he pays attention to all around him while constantly assessing what might change requiring him to change.
A coyote has the killer instinct. Sometimes coyote fails, does not eat, becomes hungry for days. This is why coyotes are skinny. He never gives up, though, and never allows his hunger to distract him. He learns from his mistakes, adapts, changes, constantly employs new methods. In time, he makes his kill and feeds.
After feeding, coyote does not become torpid, he does not sleep. Coyote sniffs the wind, picks up a scent and moves on in hunt of the next kill.
A coyote also never stands still, not for more than a few moments lest he become prey.
Coyote is both a killer and a ghost.
This is what stock markets are all about; either be a killer or be killed. This is no place for nice-nice nor Miss Manners.
This is coyote country.
Purl Gurl - medicine animal is coyote
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My pleasure, Cassity. I am sorry I could not reply to you sooner. I wanted to, but could not.
This is what discussion should be all about; our sharing opinions so all can benefit. Does not matter if we agree nor disagree. All that matters is we keep a flow of information for all to read.
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Purl I have another question. With most stocks you would look at the gains that they have already made(such as LFWK %4000), and probably think that buying them now is a bad idea. Once a company merges with another, wouldn't every thing change? When people read the chart on SLJB are they taking the info. from LFWK pre merger and post merger and combinding them? Doesn't seem that it would make sense. A totally different company has been formed. LFWK was a useless company, but according to the finacials of SLJB, they have a lot of potential. What are your thoughts about the reason for the merger? Do you think Sulja is just using LFWK for their listing? What are your thoughts on the future for this company? Do you think they have a lot more to offer than they have shown so far? Thanks
"Purl I have another question. With most stocks you would look at the gains that they have already made(such as LFWK %4000), and probably think that buying them now is a bad idea."
This is correct Cassity. As a general rule, not a strict rule, if a stock runs up ten percent or more, probably should not buy. Of course, this falls apart with low value pinks. You are right, however, once a good run, this a seller's market, not a buyer's market.
Cassity writes,
"Once a company merges with another, wouldn't every thing change? When people read the chart on SLJB are they taking the info. from LFWK pre merger and post merger and combinding them? Doesn't seem that it would make sense. A totally different company has been formed. LFWK was a useless company, but according to the finacials of SLJB, they have a lot of potential."
Yes, Cassity, everything changes and remains the same. Quite often, a merger is effected so a foreign company or a privately held company can have its stock traded on the American markets.
More often, simply a company in need of an empty shell which is already registered with the SEC; empty shells are cheap and save fee charges.
My initial doubts about this deal is what you mention. Loftwerks is a useless company, from a fundamentals point of view. Just not much there to attract traders and their money. This led to my early skepticism, until the recent financials were released presenting a new aspect.
On charts, Cassity, we are simply out of luck. All things which applied to Loftwerks, no longer apply; charts for Loftwerks are now useless. With this merger, new charts are being developed but with this being so recent, new charts are of no use either.
Not entirely true. Day traders can use thirty minute charts or ninety minute charts for SLJB but this only helps with intense daily flipping.
Most of us, though, no help. We have to wait at least three months before charts will begin to show any patterns of use to us.
Cassity writes,
"What are your thoughts about the reason for the merger? Do you think Sulja is just using LFWK for their listing?"
Precisely. You have this perfect.
Cassity writes,
"What are your thoughts on the future for this company? Do you think they have a lot more to offer than they have shown so far?"
My thoughts are very positive. I see a company which is doing very well and will expand. My opinion is construction in oil rich Mideast countries will continue for years to come.
I think SLJB has both feet in the door and will do very well; they have this market sewn up.
Contrasting this, Cassity, and there is always something to cause worry, we are dealing with a company out of the Mideast, a company about which we actually know very little. Being a new listing, being a shell merger, there simply is not much information with which we can work.
Reality is we are at the mercy of the company. All we have is what the company presents in pr news. That is it, nothing else.
I am hesitant to mention this because readers will certainly take this wrong. We cannot trust the company because it is a foreign company. Please readers, no arguments on American companies versus foreign companies; all are crooks in my book.
Skipping over cultural differences and no fear of prosecution, we truly know nothing about the management team. Might be great guys, might be out to cut our throats. None know.
Perhaps unfair, consider what happened with NDOL. Those Russians made a lot of wild promises, fooled a lot of gullible people, made millions and left behind a lot of angry bag holders; a scam.
Is this what is happening with SLJB? None know.
Any who claim to know, are either ignorant or are lying. None know what is truly real.
To close, I have positive feelings about this company, looks good. However this volume issue I write about is a concern. Again, something is just not right about this.
Major concern is we do not know if this company is being completely honest with us. There is no way to know and we can only take a chance on this. This is a major concern.
Personally, I am ready to throw a lot of money at this one but I will wait a few days, wait a week, maybe more. My personal signal to buy will be volume dropping off with prices remaining stable or better, prices beginning to up trend. I would rather miss out on a profit chance than to simply lose a big chunk of my money. You can makes profits anytime. You cannot recover your lost money; gone for good.
Readers probably do not know about all the animals living with us, in our home. Skunks are included. Those skunks set the rules.
My brother-in-law was sprayed by one of our skunks. I warned him to make a lot of noise when he walks up so the animals will know he is coming. Pfftt... did not listen. He surprises a skunk turning a corner, you know what happened.
What he complained about the most is having to throw away his two-hundred dollar designer tennis shoes. I suggested he buy fifteen dollar shoes at K-Mart like we do. Boy, was he pissed.
What is wrong with cheap shoes? Look just like the expensive ones.
posted
Purl writes,"However this volume issue I write about is a concern. Again, something is just not right about this".
Do you think that people selling, that were involved very early could be a good reason? Also, if that was the case wouldn't that be a good sign that although millions of shares are being sold, a lot of new money is countering the selling? Do you believe that MM manipulation has anything to do with this stock not rising in price? A lot of people claim this and from watching it, seems that it is a very good explaination. The volume was very good on Friday, but it seemed like they would just not allow it to move. This has been my only concern with this stock and I believe the next several days/weeks will determine what the cause may be. I have read that with the DIFX listing they can not issue more shares, can you elaborate any information you may have on this subject? Seems like every stock I buy, has a million senerios to it. Although, this is good because it makes me learn at a increased rate. Thanks for your time and no reason for the late reply is needed, I understand you have more important things to do than read chat boards all day. Thanks again, see ya in the mornin! -Cassity