Danakali Share Discussion Threads

[ambabe] 12/6/2002 20:18

Sofa surfer - Thankyou!!!

I think I'll leave it to share price he has it off to a tee! or maybe I'll ask you!! Cheers

[chestnuts] 12/6/2002 19:22

sp thanks how accurate do you think this is

[serious punter] 12/6/2002 17:32

How to Use Price Chart
Chestnuts

I've copied the explanations fron I-Watch for you



The I-Watch price chart analyzes the impact of institutional buys and sell messages on price movements for a particular stock throughout the trading day, week, or month.

Each arrow represents an aggregate of institutional buy and sell Super messages posted or "advertised" for a given time interval. The broker/dealers submitting the Super message specify the exact price and amount of stock they want to trade.

What to look for:


Color of the Arrows - represents whether institutions are predominately advertising to buy or sell during a specified interval. The color of the arrow ranges from blue (heavy buy interest) to red (heavy sell interest) based on the buy/sell ratio for that interval.
Size of the Arrow - represents the total amount of (buy or sell) interest during a specified interval. The larger the size of the arrow, the greater the institutional interest in buying or selling (in terms of shares).

Trend of the Arrows - the presence of multiple Super buy messages (blue arrows) clustered at a similar price level suggests an institutional support level, while the presence of several Super sell messages (red arrows) indicates an institutional resistance level. Keep in mind that if a broker is downwardly revising its Super buy messages, the floor of support may fall through.

Buying into Strength - continued Super buy messages while a stock is breaking out to the upside, or nearing record highs, suggests steady institutional demand.

Selling into Weakness - if a stock has broken out to the downside, or is trading near record lows, continual Super sell messages indicate that institutional supply will keep shares under pressure in the near-term.

Buying into Weakness - if the brokers continue to shift Super buy messages lower, this implies that the buyers are very price-sensitive and primarily interested in buying into weakness.

Selling into Strength - if brokers are upwardly revising their Super sell messages, allowing the stock to move higher, the trend indicates mild profit taking.

Longer-term trends - review all of the institutional interest messages posted on a specific stock for a given day, over the past week, or throughout the past month, looking for support and resistance levels.

Repeated / Reiterated Super Messages - repeated Super sell messages could suggest that a broker is helping an institution unload or scale back its position. Alternatively, the broker could be reiterating its initial interest in selling stock. Likewise, repeated Super buy messages may indicate a broker is working on behalf of an institution adding to its position. On the other hand, the broker may repeat its buy message, stating that it is still trying to acquire shares.




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[chestnuts] 12/6/2002 16:50

sp the bit about the institutions wanting to sell but raising their asking price

[ambabe] 12/6/2002 16:25

thanks chestnuts, but that just confuses me - the trades don't tally to tradtrek or Lycos trades !

[ambabe] 12/6/2002 16:25

Chestnuts click on how to read price chart. If you still have problem will try and explain later - however have to dash.Will speak later good luck!

[lex1000] 12/6/2002 16:22

Reversing earlier trends.

Real-Time Quote
Time of last trade: 11:20:00 AM Eastern.Danka Business Systems PLC
Last 3.68 Bid 3.67
Change -0.04 Ask 3.68
Volume 59,400 Bid/Ask Size 100.00 X 1000.00

Day's High 3.86 Open 3.65
Day's Low 3.65 Close 3.72

[ambabe] 12/6/2002 16:18

$3.72 unchanged on volume of 57,000

[chestnuts] 12/6/2002 16:17

3.84 - 3.87 should reach $4 soon
sp i don't understand you please explain

[ambabe] 12/6/2002 16:11

Thanks share price I know what you're saying, just having a debate with myself whether to buy more today or not! Hmm I can tell you expect it to go up !! Just not convinced! I feel we're back into whatever the US does we follow again! And they seem very twitchy over there!

currently $3.77 very narrow trading range !

[zahido] 12/6/2002 16:04

sell or hold?, straight short term advice please.

[ambabe] 12/6/2002 15:54

If you're looking at that chart share price wouldn't there be buy signals if it were something positive!!! I hope you're right but I'm not so sure!

I would love to throw more at this. Smoke mentioned something yesterday also, that he wasn't ready to get back in yet!!

[kblux] 12/6/2002 15:52

Hope so share price as, unlike some here, had another 25k today.

[serious punter] 12/6/2002 15:51

Hi All

Very interesting that the states now @ $3.83 despite low volume of just under 30k coupled with other rises this week on low volume and heavy selling earlier this week and the price stayed firm.

I-Watch also indicates the price will move further north as well



IMHO there is clearly something positive stirring :0)

[ambabe] 12/6/2002 15:31

Thanks Jim, I have a feeling you could be right, that's why not bought today !

My average price is 70p,nearly bought @64.5 this am but I have same feelings re sub 60p , unless anyone on this bb can shed any light. I know something is going on, however I can recall Oaks telling Pyschic to wait - don't know what for ? but I think I'll do the same. (See post 5345)
Thankyou for taking time and not talking in riddles!! Cheers!

[357aman] 12/6/2002 15:16

Please sent a cheque for £250 to my Swiss bank for extra infos. I will
contact you all soon when we reach $4.18 on Friday evening. Happy trading
long leave our donky!!

[lex1000] 12/6/2002 15:15

here we go boys and girls...going up in the US.

Real-Time Quote
Time of last trade: 10:13:00 AM Eastern.Danka Business Systems PLC
Last 3.82 Bid 3.77
Change +0.10 Ask 3.82
Volume 22,800 Bid/Ask Size 300.00 X 1000.00

Day's High 3.82 Open 3.65
Day's Low 3.65 Close 3.72