Replies to post #62191 on Sulja Bros. Building Supplies, Ltd (SLJB)

[rrufff]

I've studied the math and statistical background of just about every theory.

One month it's one theory, moving averages, bollinger, money flow, Williams, AROON, etc., etc.,

What I've learned is that in penny stocks and in low volume microcaps, TA is manipulated. I believe the MM's and hedge funds use TA and sacrifice trades in order to manipulate a chart.

Again, this is my opinion. I've studied the math and the statistics behind the theories. WIthout the volume, without the price that brings dollar volume up, one trader can manipulate a chart.

So, that's where I object when a supposed TA expert puts a chart in a post and makes it look like a fact.

It is an opinion, no more no less.

[midwestmi]

Good point TFN. If you look at when this was trading in the .02 - .03 area, I certainly recalls several days when it dropped below .02. Of course, getting shares under .02 for me was virturally impossible, even though I had a GTC order in, that never was filled back then.

The volume was not as high then as it has been in the past month, but after holding the .02 - .03 range for quite awhile look what happened. Now we are trying to hold the .07 - .08. If we can sustain this, we may be just around the corner to the next leg up.