Sulja Bros. Building Supplies, Ltd (SLJB)

[syracuseo]

Sorry Guys.....I don't think a chart really measn anything on this play.

The clear fact that everyone is waiting for the A/F's, and, plenty are sitting on the sidelines waiting to jump in, totaly skews any relevant chart behaviour.

Yes, there are the sell signals showing, and, if this were any other stock, I would have sold by now.

BUT....and this is a HUGE but.....in a split second, ALL bearish signals will disappear the moment the A/F's will appear......

This is the reason the charts don't mean didly for SLJB......not since August, IMHO......since they announced the pro-formas, A/F's coming, and NSDQ eventuality.....

Charting went out the window at that time for SLJB....unless of course you are a flipper, and, like to risk exit and re-entry .

You think anyone coming to buy shares of SLJB are going to stop and analyse a chart ?? Not very likely with the AFs coming any second.