finicky said: 2012-08-30 http://forums.silverstackers.com/message-397041.html#p397041 Picked up some Imdex (IMD) on Friday Sept 21 @ 1.70 and 1.685 When I pointed it out on Aug 30 @ 1.35 I expected more down because it had gapped down and broken though a solid level of support with volume on the one day. I did not pick the candlestick low 'signal' 5 days later, Sept 6, and then foolishly waited on a pullback despite it being obvious that a low was in. Should have accepted I'd missed the low and done an initial buy. The price hikes went on virtually relentlessly for 12 days in all, until I could stand it no longer and bought at more than 30% premium to where I could have realistically made an earlier buy. There's a big chance it will soon do a retrace. The behaviour of it is mystifying. This company reported a record NPAT of $45.8 million up 58% cf FY11 and the stock suffered a decline of around 37% over the ensuing 3 weeks. EPS up 53%. A nice upcoming dividend on the hook. The earnings look like quality too, not made to look better than they are, and with plausible prospect of continued growth. Their mobile Solids Removal Unit (SRU) equipment looks promising. It extracts the damaging solids from used drilling fluids on the spot at the drilling location. This allows for rapid recycling and obviates the need for sump pools that apparently foul up drilling sites. Just my lay take, a photo does it better, see page 10 of this preso: http://stocknessmonster.com/news-item?S=IMD&E=ASX&N=590971 Another thing I like was that this stock has been dumped during the mining services panic, but has only smallish exposure to iron ore in its mineral division, while 49% revenue in that div comes from the gold miners - think Gold, lol. Then there is the expanding Oil/Gas division that seems to have potential to expand in Americas - think shale oil/gas horizontal drilling. Then they've got these ace little research and development labs in Germany and Perth (Imdex Technology) looking for competitive edge innovations. So to sum up, it's the whole vibe of the thing.