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SDV - SciDev Limited

Its amazing to believe that a stock like this with great fundamentals is dropping in price. I think it is safe to say that the price is being manipulated right now with a price cap of 27c. Long term, this is a winner. Short term, you will need patience......
 
Anyone got a recent chart on INL?

m.

(I'm off to look for a T/A book after the market closes today, I don't like being a leech like this)
 
For once I got out of a stock before it went down... Pity, I thought INL would hold a bit better. Will get back in soon I think though...
 
marklar said:
Anyone got a recent chart on INL?

m.

(I'm off to look for a T/A book after the market closes today, I don't like being a leech like this)
It was starting to head back up but the last 2 days have changed the profile. Wouldn't like it to drop below $0.25. MACD heading down..............

Nothing has changed except general market sentiment the last 2 days. Some profit taking probably.
 

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24c! what the?

Could drop further by the looks of it.
 
Actually, the sell stack is quite thin from 24c up to 27c. Wouldn't take much buying to bring it back up.

That said, it's below 25c, which looked like support
 
Support at 22.5-23?? Not a chart expert...hold on to these folks, it will be a very good year for INL. Very tempted to average down.
 
bigt said:
Support at 22.5-23?? Not a chart expert...hold on to these folks, it will be a very good year for INL. Very tempted to average down.
Next support is at $0.20 bigt. I will probably be topping up then if it gets there, but my average entry is around $0.17 ish....
 
kennas said:
It was starting to head back up but the last 2 days have changed the profile. Wouldn't like it to drop below $0.25. MACD heading down..............

Nothing has changed except general market sentiment the last 2 days. Some profit taking probably.
Ivanhoe has changed everything , they've still got 39mill shares to unload and consequently it puts a bit of a dampner on all the real buyers and spooked the day traders.
 
Ascending support line passes through at around 24c at the moment, so this is one support.

The next is what bigt mentioned - around 23c provided by the price gap.

Then we go down to 20ish which was the consolidation after the main breakout.
 
apparently first shipment of bulk zinc concentrate will arrive at Burnie port on Tuesday - doubt that INL will go into trading halt - but a price sensitive announcement should give the share price a lift
 
imajica said:
apparently first shipment of bulk zinc concentrate will arrive at Burnie port on Tuesday - doubt that INL will go into trading halt - but a price sensitive announcement should give the share price a lift

How on Earth do you know this?

MB
 
Moneybags said:
Ok.......HC strikes again. Talk also of ship heading to Geelong .

MB
LOL. I doubt this one will be price sensitive, but on the other hand, tha ASX is being very careful with anns atm, so maybe so. Imagine if BHP or RIO announced every load of zinc or copper or **** they loaded onto a boat...Let's get some perspective, please.

Personally, of course I hope that the stock goes up 10% but it really shouldn't.

(holding INL)
 
kennas said:
Imagine if BHP or RIO announced every load of zinc or copper or **** they loaded onto a boat...Let's get some perspective, please.

LOL but yeh as first shipment it surely carries more significance than say BHP's shipment number 139,981,092!
 
Personally, of course I hope that the stock goes up 10% but it really shouldn't.

why shouldnt it?

r u hoping it will go lower so you can buy more? or it shouldnt because all the indicators are against it?
 
I believe it shouldn't because of the current market which is against the commodity firms, but more important the graph, not very supportive.
 

Kennas,

Maybe it wont be price sensitive (I never said it would be) but atm anything goes wouldn't you agree.

I'm just happy to see that things are running as planned and INL will soon have a big cheque in Bank = cashflow.

Love the comment about BHP.

MB
 
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