Danakali Share Discussion Threads

[matt1231] 20/8/2002 09:14

Looks ominous:- Trade 7,timed 07.57.50 a.m 400K @ 44p, a sell imho?

[blockbuy] 20/8/2002 08:28

looking to open a short then ff?

also have you been creating the anti sentiment on Yahoo????

lol

[forfaiter] 20/8/2002 08:22

This stock is on a cliff edge......all eyes on the US and the 200d ma....sentiment is moving against LANG and his policy of slash and burn....except for his own renumeration package..

[matt1231] 20/8/2002 08:19

Trades list mms selling.

[forfaiter] 20/8/2002 08:14

In your dreams this POS is going down......

[matt1231] 20/8/2002 08:13

imho All down to market makers .Will UK mms allow bid/offer to fall sub 45p and US mms allow to trade under $2.60?

[blockbuy] 20/8/2002 08:05

morning all. imo the MM's are gathering stock in anticipation of the refinancing deal that's being worked on as well as getting cjeap stock for a buyer.

all imo of course.

[lex1000] 20/8/2002 07:59

All logged on and ready for action!

[lex1000] 20/8/2002 07:57

MMs late logging on this a.m.BGMM joined by NITE,waiting for other 3?

[forfaiter] 20/8/2002 00:56

LOL...yes it has formed a nice pennant formation which is usually a prelude to a break.......should be on the upside but the lack of volume is worrying....

[blockbuy] 20/8/2002 00:52

lex, I'll see what I can dig out. In the meantime, invettech have this as a watch

[lex1000] 20/8/2002 00:49

ff, no you can't have your vowels back.

bb,I have read that in certain quarters it is thought that DNK has a chance of breaking out;something to do with forming triangles?

[blockbuy] 20/8/2002 00:42

Furhter back i suggested the RSI would drop quickly based on all the selling and it has.

So the above upgrade, plus this to be in the oversold teritory imo will start sending all sorts of +ve signals. pls dyor

in desending order here....
Main chart green = 50dma, pinkish 200dma, blue 20dma, 2 wide blue lines, bollinger.

Volume

MACD

RSI

Momentum

Stochastic

[forfaiter] 20/8/2002 00:40

Or put simply......no one gives a sh*t......

[lex1000] 20/8/2002 00:38

If I'm not mistaken,the current position on DNK would appear to be,DO NOT:-buy,sell or short i.e NEUTRAL.

[m roberts] 19/8/2002 23:17

KY DANKY
Danka Business Systems PLC Nasdaq-SCM


Institutional Holdings Description | Hide Summary



Company Details
Total Shares Out Standing (millions): 62

Market Capitalization ($ millions): $167

Institutional Ownership: 10.1%

Price (as of 8/16/2002) 2.7


Ownership Analysis # Of Holders Shares
Total Shares Held: 26 6,238,746

New Positions: 5 13,562

Increased Positions: 11 1,497,629

Decreased Positions: 11 796,423

Holders With Activity: 22 2,294,052

Sold Out Positions: 8 772,336



Click on the column header links to resort ascending () or descending ().


Owner Name
Select a name below for more information. Date Shares Held Change
(Shares) % Change
(Shares) Value
($1000)
FMR CORP 6/30/2002 2,568,500 602,900 30.67% $6,935

DRIEHAUS CAPITAL MAN... 6/30/2002 1,389,975 110,623 8.65% $3,753

GREENBERG SUMMIT PAR... 6/30/2002 827,473 669,713 424.51% $2,234

SYSTEMATIC FINANCIAL... 6/30/2002 745,930 76,150 11.37% $2,014

PRUDENTIAL SECURITIE... 6/30/2002 276,233 (1,587) (0.57%) $746



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[lex1000] 19/8/2002 21:11

Whose in control of this share? Clearly the mms who seem more than happy to keep on soaking up the sales,move the price down then up again on small volume buys (smacks of manipulation) to trade sideways. 43p/44p territory in the US and yes getting near to day of reckoning of Up or Down.

[blockbuy] 19/8/2002 21:02

bid 2.60, offer 2.65, last price 2.60.

so tomorrow decides down or up then imo.

[lex1000] 19/8/2002 20:50

US market makers soaking up the sells and would not be surprised to see a close at or above $2.60!

[lex1000] 19/8/2002 20:36

Crunch time both bid and ask sub $2.60?

Danka Business Systems PLC
Last 2.59 Bid 2.58
Change -0.11 Ask 2.59
Volume 189,779 Bid/Ask Size 5000.00 X 500.00

Day's High 2.72 Open 2.70
Day's Low 2.57 Close 2.70
Real-Time Intraday Chart StockScouter Rating 2

Nasdaq National Market

[lex1000] 19/8/2002 20:15

Forfaiter,see that you are in the "hold" camp ( pgevans34 Hold 08/19/02 02:46 pm) & fighting the good fight with our US 'pirate' cousins.

[matt1231] 19/8/2002 18:26

Difficult to know what tricks maket makers have up their sleeves,however, with no newsflow in sight,sentiment summed up by US poster below from yahoo and the end of day seller of 25K shares at 44p here in the UK.US needs to close above $2.60 if it is to continue trading sideways $2.60 to $2.90 imho.

I'll take my losses now
by: rochehotel
Long-Term Sentiment: Sell 08/19/02 01:15 pm
Msg: 35477 of 35477

Tried to hang on but this stock looks like its heading back to 2. I should have sold last week at 2.80.

[matt1231] 19/8/2002 18:13

Nothing has changed my mind since 6/08/02.Forfaiter made right call in that DNK best sold above 50p,particularly by recent buyers of the stock.Share price has up until now defied gravity only by virtue of market makers buying stock and allowing DNK to trade sideways.Now again very much at the crossroads closing with mid price at 45.25p and Danky currently trading sub $2.60 in the US.If the yanks do not come to the rescue and I see no evidence of traders rushing to buy then low 30's would be ideal to reinvest. Waiting to buy so i'll give the carrot treatment a miss,thanks very much.imho.

[357aman] 19/8/2002 17:25

needs a carrot in the bot!!!!

[psychicdoc] 19/8/2002 17:09

ikn now over $10 and xrx almost $7, this dam.. donkey is drifting away needs shock treatment i reckon, but this stock tend to be so unpreditable and will start moving when least expected,