Replies to post #159358 on Sulja Bros. Building Supplies, Ltd (SLJB)

[PowerPole]

Well...I was wrong posting over the weekend...

That I thought the pps would move up slowly the last two days, and tomorrow in anticipation of the release of the AF's...

It's obvious to me that the shorts were covering today by the number of bashers that showed up here today while the Market was open, and disappeared into thin air as soon as the Market closed...

The bashers were somewhat successful getting nervous nellies and people that had way too many shares to lighten up their positions due to the uncertainty of tomorrow's developments...

After 1pm the buying started coming in hot and heavy...Partially because the RSI was below 30 on the daily chart, and that is almost always a good buy signal for a lot of seasoned traders...

Trying to predict what tomorrow's trading action will be like is difficult...Overall, I would expect more buying than selling from people that aren't in at all or don't have enough shares, and don't want to be left out in the cold knowing the AF's probably won't be released until after the closing bell tomorrow...

If the AF's come out as promised during the regular session, and the numbers are fairly close to what we expect, there is going to be one heck of a Rally in a very short period of time...We could bust up through the old high of .205 in less than an hour...

If the AF's come out after the closing bell, that's harder to call...There could be a good amount of buying into the close due to the anticipation factor, or a lot of selling because of the uncertainty factor...

I'm with you thinking that buying will exceed selling tomorrow, and my WAG at the close tomorrow if the AF's do not come out before the close is .125

If the AF's come out during the regular session, and the numbers are in line with expectations, I'll WAG the close at .25

If the AF's come out during the regular session, and they are way under expectations, I'll WAG the close at .075

If the AF's come out Wednesday after the close, I'll make a guess what Thursday's trading action will be like after I've had time to carefully read them...