Danakali Share Discussion Threads

[pistonbroke1] 14/6/2002 16:45

call me old fashioned but it,s the same answer 60.9p

[blockbuy] 14/6/2002 16:25

piston, wrong way round I'm afraid.

try dividing by 4 first then 1.46.
BB

[pistonbroke1] 14/6/2002 15:57

psychicdoc- I think it,s about right $3.56 divide by 1.46 then divide that by 4 =60.9p

[psychicdoc] 14/6/2002 15:32

should be a couple of pennies up than it is just now compared to the nas but mms will buy it cheap off you if you want to give it to them,

[psychicdoc] 14/6/2002 15:29

danky remains strong the world may collapse but the poor old donkey plods along, low vols again on the nas and holding well among all the carnage peter,
peter got a few img at 28.4p, could not resist it.

[chestnuts] 14/6/2002 15:25

anybody any ideas why they haven't moved it down with all those sells

[blockbuy] 14/6/2002 15:22

click on the free bb tab at the top. enter DROP in the search and choose the official shorters thread.

US boucing.

[telbap] 14/6/2002 15:20

bb.

Sorry for my ignorance, but what is the "drop" thread???

Thanks in advance.

[easykill] 14/6/2002 15:14

market maker taking all those sells yet price almost stable in a massively horrid market. anyone think Danka is upto something (announcement) ??

[blockbuy] 14/6/2002 15:11

guys, have a look on the DROP thread. Talk of capitualation, last day of bull market etc..

makes for a good read.

BB

[panagos] 14/6/2002 15:08

Yesterday when uk closed danky lost a few cents, let's hope that it doesn't happen today.

[jimmy28] 14/6/2002 14:55

Everybody seems to be rather more worried bout stuff than danky

OUCH

hopefully we can avoid this v unpleasent day of reckoning

[chestnuts] 14/6/2002 14:54

Piston I Know that must be a good sign i have read whispers on this bb of good news coming out and wonder if the mm know something

[pistonbroke1] 14/6/2002 14:30

lots of sells but price still firmish!!

[jimmy28] 14/6/2002 11:03

good morning all

if that's the right greeting for a sea of red verywhere

Futures looking dire

DNK - holding up very well considering

[maxbubble] 14/6/2002 10:56

ff thanks - fair analysis - in the meantime youre enjoying winding us all up!!!

[dazz17] 14/6/2002 09:22

ff
agreed but give me a shout when/if it get's to 42p?......all depending on the general market sentiment the next few tradeing day's will determime which way the cards fall in the near term ....all a bit risky at the mo

all imo of course ....must go

[forfaiter] 14/6/2002 09:12

Maxbubble.....the bollinger bands are converging which is normally a prelude to a sharp move with DNK....unfortunately it is difficult to predict which way....

However as the recent rally stalled at the median line between the lower and upper bollinger band...I tend to favour a move downwards.....

But to be fair it is a weak signal as you could argue that if it wasn't for the overall negative sentiment in the market the stock would have carried onto the upper bollinger band at just over $4.....

There is also very strong support at $3......so the stock will probably drift between the mid fifties to sixties....

For the record I have no position in the stock as there is no clear signal either way.... ..imho

[psychicdoc] 14/6/2002 08:51

gen sentiment in the markets is poor everything has been marked down from banks to telcos, buy relatively dnk has held its own, i do not think we will see $3.40 again,there has been consolidation around $3.6 to $3.80 which is agood sign,shall certainly top uo on further dips

[maxbubble] 14/6/2002 08:49

ff, thanks

in from 15p and have just held - should have traded more actively - but still happy - i hope your 30 odd p does not happen - but anything is possible - although your TA are normally more right than wrong

[forfaiter] 14/6/2002 08:38

Maxbubble....of course not.....but anyone following the uptrend over the last 8 months or so would have made a packet.....

The stock is drifting.......and will probably need either good or bad news to break out of the present trading range.....

[blockbuy] 14/6/2002 08:33

morning all. still holding strong then....still nice.

think today could be a golfing day. (it's that weather that's been the pain over the last 4 weeks)

[maxbubble] 14/6/2002 08:28

ff, are TA always correct??