IDL - Industrea Limited

[moses]

Have you looked at the buyers depth.....375 buyers at 19.5 cents...limited downside.....plenty of upside.

Royce

What I've looked at is this graph from the Inside Trader (assuming I can get the gif to download after 5 failed attempts!!!!) which shows the smart money has dropped out since 23/10/06 while the demand for the stock has risen raising the price. So yes, the buying demand is exceeding the supply, but apparently not by people who take it seriously enough to buy in heavily. This suggests that the price is rising on speculation. But you be the judge; beyond noting the negative relationship between a blue and a black line on a graph I don't really have an opinion.

 

[joel123]

Gday Industreans

Lets hope the buying resumes this morning

Ps there was a small write up in the Sunday paper (Sydney) about Industrea

But nothing new

Cheers

JOEL

 

[Sweet Synergy]

Hi Moses, would you mind explaining what u mean by "smart money" and how you came up with that date? Thanks!

The depth seems to be looking just a little firmer tonight. I'm still holding mine and waiting patiently to see what this consolidation does. Hoping it's a pennant!

 

[joel123]

A couple of big trades just went through…

IDL is well placed to make a cut from all of the capital expenditure that is taking place in the mining sector… discuss.

Joel

 

[moses]

Smart money back in. I've joined them.

 

[joel123]

Hey mate,

Was interested in what you mean by smart money

and how you determined that they were buying today

Cheers


PS I would love to see a Friday afternoon rally

JOEL

 

[Caliente]

moses + smart money

 

[moses]

Hey mate,

Was interested in what you mean by smart money

and how you determined that they were buying today
JOEL

if you have an account with the Inside Trader you can use their Nielsen Supply Demand Indicator (blue line) to watch selected stocks for changes in buyer demand charted against changes in price over a period of about 10 weeks. When demand changes prior to a corresponding change in price, that can be your time to profit.

The chart includes what they describe as a "Smart Money Indicator" (black line) which is a guide to when traders are investing more heavily than usual, that is, a high volume of shares per trade. This may be a good sign of confidence in a stock from big buyers who are either expert or may have some level of inside information.

On the 23rd the black line dropped sharply while volume rose, suggesting specualtion was driving up the price. Now that the price has stabilized around 0.195 the volume is dropping but the price is stable, and the volume per trade has risen again. This suggests that the smart money has accepted the new price and is buying again, and perhaps doing so very carefully to avoid another price rise and so attract the speculator scum like us.

But what would I know?

I don't. I'm just looking at some lines on a graph and answering your question as best I can. DYOR

 

[joel123]

Thank You Kindly Mate

How accurate do you find that metric?

JOEL

Come on IDL were is my afternoon rally???

 

[Karren]

Market depth has been firming up nicely over the last couple of days, with most of the buys being positive. (asks) Could be close to breaking a nice consolidation.

 

[moses]

Thank You Kindly Mate

How accurate do you find that metric?

JOEL

Come on IDL were is my afternoon rally???

Its not accurate, its just another indicator. I use it as an independant reality check for remarks made on this forum if I have any concerns about a buy.

btw, the indicator went sideways yesterday, so I sold my IDL shares for a 2% loss and bought (and sold) AIM today for a 20% profit. AIM jumped 40%, IDL didn't move, so that was the right decision.

Had the indicator strengthened I would have kept IDL and sold something else.

 

[joel123]

Ok Lads

Seems like Industrea is strengthening again...

Decent buying... depth looking good...

Anyone going to the AGM tomorrow???

 

[joel123]

IDL is starting to rally again...

Joel

 

[joel123]

BREAKOUT!

 

[Royce]

Very strong buying last few days, could see 25 cents by Fri and 30 cents by year end.

Royce

 

[joel123]

Gday,

Good little performer this one

Depth has been building up nicely, seems to have consolidated above 20c

Good luck

 

[joel123]

Very strong buying last few days, could see 25 cents by Fri and 30 cents by year end.

Royce

Nice mate, lets hope she can finish the day at $0.25

Maybe some impressed brokers at Ords???

JOEL

 

[Royce]

Nice mate, lets hope she can finish the day at $0.25

Maybe some impressed brokers at Ords???

JOEL

Predicted Idl would finish at 25cents by Fri (today) and 30 cents by year end.

Now believe price might hit 30 cents bty the end of next week.

Royce

 

[joel123]

Oh, I see that the MD of IDL will giving a presentation in New York later next week...

I hope one of the US micro-cap fund managers likes the IDL story...

Joel

 

[Crash]

Some more info on that presentation here.