Industrea Ltd (2)

I came very close to exercise my stop loss on IDL yesterday. The share price went down close to 15%, on top of the dropped on the day before (when I bought on the dip). I do not wish to catch a falling knife (again!). Industrea today, however, announced that they secure a new contract worth US$9.5 M, including first South Africa sale.

So, despite the ASX big drop of 119 points, IDL was actually on the green by as much as 13%. Looks like I am going to hold Industrea shares  that I bought yesterday for a little longer.

Out of my three short termers, by the time I write this post, all of them are not too bad.  Girallia is so far unchanged, and Deep Yellow is up by 3%