Sulja Bros. Building Supplies, Ltd (SLJB)

[CaesarStone]

Braden,I'm looking for new 52 week highs next week

It is completely rational to expect news to be piling up and for there to be wave of PRs ready to push the stock to new highs and support levels.

The present evidence is there is heck of alot more strength in this stock than may have appeared a few days ago to someone unfamiliar with the trends we have seen since this was under two cents a share.

NITE CANNOT GATHER UP THE SHARES THEY NEED. In other words, they are frustrated. They have been the bid this week. They have gotten some shares. BUT THEY HAVE TO FILL ORDERS FOR THEIR BROKERAGE CLIENTS TOO while they are covering their short positions.

So as much as they were benefitting by blocking the stock from going up for a while and getting some shares artificially cheap, they still have to maintain liquidity when Ameritrade clients put in buy orders.

So they are competing with others for those shares they really want and need for their own inventory reconciliation. And there were certainly a good handful of decent sized holdings liquidated the past two weeks, probably in order to go off and play with other penny stocks.

So today I will look to see some competition again for shares. And I expect there will be at least a few savvy retail buyers who understand the dam is about to break for SLJB again and we now set to establish higher highs and higher support levels.

I think the rest of December will probably turn into a blizzard of PRs and if that is what happens, today is your accumulation day. I kind of doubt the company would let next week open without a strong PR and that is why I think they may chill on today and are just getting their ducks in a row to make a big push forward as a company and as a stock.