quote:Originally posted by invester: There UBSS goes, drops to .074. He sold over 220,000 at .075, but drops to .074? Are you Fu$#ing kidding me?
For you newbies, this has been going on for, well, a heck of a long time! It first started when the price was driven from .40 down to like .002, then LFWK started fighting back and slowly the price has rissen, but it is still at the mercy of the MM's. I've experienced it first hand, somewhere way back in this thread, in the .025 days, I posted that I had placed an order above the ask, only to see the price drop and my order not fill. The seller was ripped of and I the buyer, was as well and this continues to happen over and over. I'm not going anywhere. I'm here into dollar land and want to see some MM's burn along the way. Life's an adventure and so far, SLJB has been delivering. Enjoy the ride. GLTA
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posted
Finally, a sensible post. Its as if some people around here want to see the stock fail. It kind of makes you think whose side are some of these guys are on. Read back through the posts, and you will see who I am talking about.
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posted
I bought at .02, then sold at .03. It then went to .07 and I had to chase. I sold at .13 then rebought at .12. Its OK, I love the company. But for you to make these Idol threats like your dog is going to bite me, it makes you a little suspect. I am trying to educate people, and you want me quiet. Strange indeed IMAKEMONEY. I'm not worried about me, I'm loaded. I'm worried about some of these other guys that are getting slaughtered here.
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posted August 06, 2006 05:38 PM -------------------------------------------------------------------------------- Relentless. Member
posted August 06, 2006 05:16 PM -------------------------------------------------------------------------------- monkey.. better take a look at the chart man. Let this one go.
-------------------- A thousand years have made me colder I can't ever be kind anymore
-------------------------------------------------------------------------------- Posts: 259 | Registered: Aug 2005 | IP: Logged | THANK RD. MY GUT JUST SAYS HOLD, CHART SAYS SELL, GUYs RD DONT GET TO MANY OF THESE WRONG SO TAKE THE WARNING AS JUST THAT THE GUYs JUST HERE TO HELP. YELLOW STOP STEALING MY POST AND RE-POSTING THEM.
-------------------- Give me your Money.
-------------------------------------------------------------------------------- Posts: 576 | From: San Diego CA | Registered: Jul 2006 | IP: Logged |
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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posted
I am a newbie, but what kind of moron sells a milion shares at .068 when the bid is .069 and the ask is .074? It is obvious the seller could have made a lot more selling 100,000 blocks between the ask and the bid.
Even as a newbie I can see this stock is being manipulated, especially yesterday, as it was obvious. So many trades at the ask price, yet the stock still dropped. How is this possible?
INVESTER,
Would you mind terribly explaining to me how MM's work and exactly what they do? Wehn I see mirror sales, is this MM's buying and selling and taking a small profit?
posted
Invester, do you remember about 2 months ago when the MM's did the same thing to WWEN. Out of no where they drug it down from .22 to .04. Not dilution, they want it cheap and it's not ok. People say dilution every time and as soon as the MM's release it, it moves. HMMMMMMM
quote:Originally posted by Band Wagon Jumper: I am a newbie, but what kind of moron sells a milion shares at .068 when the bid is .069 and the ask is .074? It is obvious the seller could have made a lot more selling 100,000 blocks between the ask and the bid.
Even as a newbie I can see this stock is being manipulated, especially yesterday, as it was obvious. So many trades at the ask price, yet the stock still dropped. How is this possible?
INVESTER,
Would you mind terribly explaining to me how MM's work and exactly what they do? Wehn I see mirror sales, is this MM's buying and selling and taking a small profit?
thanks,
BWJ
A market maker is the person who "makes the market". He sets the bid, and ask upon demand for the stock. If people buy it is his fiduciary duty to raise the price. If they sell, drop the price. What's happening here is they are buying a ton at the bottom, systematically taking it up, unloading there shares, and then dropping it precipitously. Unknowing investors get scared of loosing more money, that they sell there stock at this HUGE discount, then they immediately take it back up again. This is profit only for the market makers. It is so egregious, and blatant. It has been going on for a LONG time now. Something needs to be done to restore investors confidence.
quote:Originally posted by cassity: Invester, do you remember about 2 months ago when the MM's did the same thing to WWEN. Out of no where they drug it down from .22 to .04. Not dilution, they want it cheap and it's not ok. People say dilution every time and as soon as the MM's release it, it moves. HMMMMMMM
posted
N E W S Aug 08, 2006 WINDSOR, ON MARKET WIRE A Sulja Brothers Building Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International is the parent company of Red Sea Group. Red Sea Group was recently selected to strengthen Investor Relations in the Middle East.
CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market. By law, this press release is the disclosure of Wessal International's offer and buying can commence in the open market immediately. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
SOURCE: Sulja Bros. Building Supplies Ltd.
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posted
CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market.
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