IDL 0.00% $1.27 industrea limited

When you see brokers giving buy rec's to stocks that continue to...

  1. 10,774 Posts.
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    When you see brokers giving buy rec's to stocks that continue to fall and fall, I think everyone is guessing here and if the "experts" have no idea who can be expected to? For me I prefer to see as much info as possible and encourage people to share their opinions because that then allows me to either confirm or enhance my own. Personally I think IDL will have some rocky roads to traverse in the future and the long term profit forecasts don't look all that promising BUT in the short term I consider it to be oversold and a retracement to 16 or 17 over the next couple of weeks is more likely than not. That said this market teeters on the brink and any bad news sees stocks being hammered. I hold for now but will not be a long term holder...Good luck to everyone out there whatever you disposition
 
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Currently unlisted public company.

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