Replies to post #90946 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Pennybuster]

sljb wont hit anywhere near there unless it reverse splits.

[The_Free_Nebula]

Yeah but think how strong the stock and company will be by then.

[Tuslog28]

Stock H.O.G.: How about "profit trap" for those who sell out at $1. What I mean is that while I believe we will gap up on really good financials and pro forma, the nearer we get to $1 the more churning we will see. If the company states its intention to go OTCBB or NASDQ early enough then we'll see price increase in larger steps then churning once again as whatever the magic threshold(s)are. Is it $1 for OTC and $4 for NASDQ? Something like that. We will see the usual pullback consolidations but with continued upward movement toward the exchange thresholds. I'd be suprised if we got to $1 and the bottom fell out, not if mgmt. had telegraphed early enough their intentions about exchanges. It is late and I'm delirious. It's good to read your posts. em