Replies to post #63039 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Redwing91]

What's the best looking chart you see out there now? CHSD looks similiar to SLJB in that they both had some big moves and now look to be consolidating at lower prices for another move higher...but then, what do I really know!

[eelfland]

I concur. High probability of taking out the .15 high in the next couple of weeks (or maybe a month), and I don't see much resistance before the .30 or .40 range, either. I'm getting more bought tomorrow, if I can get them cheap. I think it's as good a play as there is anywhere. I think we're gonna make some $$$$ being long, and unless things change, we should be good into next year, at least. Just my opinion, though.

One item of note: lumber futures prices are relatively cheap lately. Good time to buy lumber mills, and a good opportunity to buy cheap here, sell high elsewhere.