HCD 0.00% 0.3¢ hydrocarbon dynamics limited

Ann: Quarterly Activities and Cashflow Report, page-33

  1. 7,378 Posts.
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    Been with them since they bought in HCDI. About 2.5 years ago. They report very little in terms of progress. Quarterlies always provide new revelations and positive surprises. Given that we are close to contracts on a number of fronts, I expect big things even before quarterly but very likely at quarterly.
    Yesterdays price action indicates something positive imo.
    For this company any one of a number of individual announcements could make the price many times its current value. Furthermore there are a number of such items in the sales pipeline that are close agreements and orders.
    Price action and chart points to upside. I follow the money flow index as an indicator (14 day) . When it refuses to fall below 50 (since July) and bounces up from 50 (done it 4 times since) I see it as a very bullish signal. Happening now.




 
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