Australian (ASX) Stock Market Forum

SDV - SciDev Limited

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morning kennas/chris/juddy. what a pleasant surprise huh :D

I thought it would at least take till Monday, but no, this one is getting backed HARD now, and its a beautiful thing.

Just wondering Kennas, what do you imply by "pro traders". large volume or rapid on/off or both?
 
Caliente said:
morning kennas/chris/juddy. what a pleasant surprise huh :D

I thought it would at least take till Monday, but no, this one is getting backed HARD now, and its a beautiful thing.

Just wondering Kennas, what do you imply by "pro traders". large volume or rapid on/off or both?
Click to expand...

I'm trying to work that out myself. :rolleyes:
 
kennas said:
Depends on what the sp is doing. If it goes to $0.25ish I'll take some profits. Depends on the expected ann too.

There's a lot of fervour atm with stocks getting a lot of attention on unusual volume. I don't think this is pro traders yet, but who knows.

I'm cautious.
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I certainly like to trade on TA, but this is purely a fundamental hold for me atm.

C'mon Kennas don't be modest, we know you're a pro trader. :D
 
juddy said:
I certainly like to trade on TA, but this is purely a fundamental hold for me atm.

C'mon Kennas don't be modest, we know you're a pro trader. :D
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Definately a fundamental hold for me also. Once they get their Hellyer Zinc concentrate process going at current Zinc prices it will be great...I think its allready producing..the message is due anytime to confirm that. Then they can acquire more slags around the place with different metals and it will be endless. Then they will be $5 a share..then we will have lots and lots of beer money
 
kennas said:
That is a great effort. A lot of resistance around $0.20.
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Kennas,

INL's previous all time high was 18c on entering ASX in 2002 which was the only resistance after it broke through 16c last week. How do you see 20c as resistance.? Is this purely on the round figure basis?

Novski
 
Novski said:
Kennas,

INL's previous all time high was 18c on entering ASX in 2002 which was the only resistance after it broke through 16c last week. How do you see 20c as resistance.? Is this purely on the round figure basis?

Novski
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Sorry Novski, I should have qualified that. I saw yesterday and early today on the buy/sell spread that there were a lot of sellers at $0.20, which I called resistance. Would have taken a lot of volume to break through, which it did. Although from when I was watching it seemed that quite a few sellers dropped off when they saw the buyers coming in. I'm not sure if it's really valuable to be speaking about intra day support/resistance. Different people have different opinions. If you're day trading obvously it's important, but for most it's probably better to be looking at the bigger picture. And you are right. All time high was $0.16, which should now be long term support. There will probably be a few ups and downs before it gets back there. If it does. Cheers.
 
Re: INL - Intec LTD

johnmwu3 said:
Down to 19.5 and soon recovered, may up to new high againwith the buying side .
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Same as CBH, is it just me or does it look like the big money is taking advantage of lower prices to top up on some of these stocks?
 
Re: INL - Intec LTD

CanOz said:
Same as CBH, is it just me or does it look like the big money is taking advantage of lower prices to top up on some of these stocks?
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Most seem to be off their lows for the day that I watch. Still 3 hrs and 22 mins to go though.
 
Re: INL - Intec LTD

johnmwu3 said:
Down to 19.5 and soon recovered, may up to new high againwith the buying side .
Click to expand...

I would imagine their would be a few expecting production announcement this week either pre or post the AGM on Wednesday.

cheers

(and why are there two threads on the one stock?) :confused:

(gee that was a quick modification. Well done ASF) :)
 
Freeballinginawetsuit said:
Looking a bit weak ATM Juddy, they need some news!, or buyers for that matter.
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Not trading it FB so it matters little to me. Others impatience just allows me to get more.
 
I just picked them up at 18.5, I decided to get them after reading the thread and doing some research.

Unfortunately I had to sell other shares at a small loss to buy these, hopefully they produce some good returns.

The technology looks good, if it works?

Is everyone holding as short, medium or long term?
 
KIWIKARLOS said:
I just picked them up at 18.5 , i decided to get them after reading the thread and doing some research.

Unfortunatly i had to sell other shares at a small loss to buy these, hopefully they produce some good returns.

The technology looks good, if it works ?

Is everyone holding as short, medium or long term ?
Click to expand...
Hi Karlos, I'm going with the flow on this one. Was planning on taking some profits at $0.25.....will sell if it slip under $0.16. All the best.
 
fwiw I've risked half my modest portfolio on this one, topping up when I could because imho the project looks good and zinc is so tight. Not happy today as my average price is 0.186, but not too concerned as I expect it to jump dramatically. :2twocents
 
moses said:
fwiw I've risked half my modest portfolio on this one, topping up when I could because imho the project looks good and zinc is so tight. Not happy today as my average price is 0.186, but not too concerned as I expect it to jump dramatically. :2twocents
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Make sure you have a plan if this goes pear shaped Moses. If it chokes, there might be something else that will be better value. Food for thought. :)
 

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