SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board)
SLJB 0.000001000-90.0%Jun 4 9:43 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Hockmir10/19/2006 10:27:34 AM
  Read Replies (1) of 1521
 
I have a very basic question which I hope is not too simple minded for someone on the board to explain to me.

I watch day after day as SLJB tracks a very narrow path across the charts, while a great deal of volume occurs. I also note by watching the Time&Sales screen in real time that a great many of the trades are at the ASK price. This would assume that a buyer is paying a seller his asking price.

Here's the question. If all of us retail folks are holding (I am), and advising all of our friends and relatives to buy-in, and if the known real shares are tightly held by the principles, then where are the sellers coming from who are willing to sell at this price, in these volumes?

Thanks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext