Replies to post #135526 on Sulja Bros. Building Supplies, Ltd (SLJB)

[asus]

The MACD did that in August and the PPS went horizontal. Actually, on Aug-10th the MACD went under and then we had two white candles following.

[greenspirit]

Perfect contrarian chart analysis. My prediction is one of two things will happen tomorrow; either we will see the audited numbers come out, or Petar will address the issue and answer questions related to it on his blog.

I don't usually make crystal ball predictions, but I feel lucky tonight. :-)

[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.

[Phil the Order]

Fringe; at times I think you cannot see the forest because you are only using a compass among the trees. I know that I speak for many when I say we have a GPS on a rock outcropping overlooking the valley.

[Green Goblin]

My money is on asus being right with his chart. We'll have a white candle tomorrow, no worries about that. News or no news.