Danakali Share Discussion Threads

[phook inell] 18/10/2002 21:19

Danky having a very strong finish. Sellers couldnt keep it down for long. Looking forward to next week and forthcoming results (IKN, GISX and Danky).

Todays volume was excellent. Take out the 1.25m trade and we had c. 400k shares traded.

have a nice weekend everyone.

[oaklandsway] 18/10/2002 20:58

Re: A Cup Is Being Formed
by: oaklandsway1 10/18/02 03:54 pm
Msg: 38438 of 38438

I can see an indication that the handle has been perfectly formed today with the lowest point at around $2.44.

Support at $2.50 (see the bid volume of 20K) indicates a new start to move up.

Wish some more buy in blocks will come to break $3.40.


Good Luck

PS. I believe funnyhead alias PGbonehead had already joined in. I suspect at around 36p the latest. He is smiling now.

[blockbuy] 18/10/2002 20:10

Cheers guys.....


I also took advantage of the quick US rise....a quick in out. 2 trades 10k and a 3688. Couple of quid for 20 mins work...should have sold these though when offered 42.2

Phook, I drip fed them out in an attempt to not make the price drop for the rest. It worked....well at least it never dropped after each of my trades.

Now, looks like the US has gone quiet for the time being and has dropped back....dilema time....should I delay paying the bills or take advantage on Monday if the US closes where it is and get back if the UK lowers????

Currently IKN, XRX and DANKY all blue....bodes well for next week.

Which days do IKN and XRX announce pls.

As I post Danky on the up again...nice.

[oaklandsway] 18/10/2002 19:22

This afternoon I said here that the cup will be perfect if the handle is started at $2.60 & finish at $2.25 (see message no. 9590).

Well, we saw Danky has been forming the cup & handle like what I have expected. Yes, started at $2.60 & the handle is still being formed but I doubt the end of handle will be at $2.25. I now expect that the handle should be finished not less than 50dma. Nice if the handle can roughly finish this evening so Monday will start to move up slowly again.

I like my cristal ball.





oaklandsway - 18 Oct'02 - 13:31 - 9590 of 9609 edit


yes phook, I expect the handle will finish at a point not lower than $2.10 or the worst at $1.99 if must be started from today.

It will be perfect if the handle is started at $2.60 & finish at $2.25 so lets hope we can still get it.

[sigora] 18/10/2002 18:34

Well done all of you who stood by danky, oaks share price bb phook in hell and the rest of the gang hope this donkey runs upto £1, i'm looking to get back in, any way nice weekend to you all espiacally to you gorgeuos.

[phook inell] 18/10/2002 18:32

Danka closed above the 50 DMA

[ambabe] 18/10/2002 17:42

Ditto Arpy!

[arpy_eye_indexed] 18/10/2002 16:58

Excellent guys! Although I didn't get in, i'm still very happy for everyone who did!!

[mooch] 18/10/2002 16:54

Thanks for the averaging up tip Phook. Makes sense if you are bullish on a stock (it's still buy low/sell high). I've taken profits, mainly because it's about the first time I've been able to, heheh :-) Sold at 40.3p.

[oaklandsway] 18/10/2002 16:45

Lets wait for RNS or news. The buyer of 1.25M shold tell who or why.

[phook inell] 18/10/2002 16:39

blockbuy

well done, what price did you sell them for. Are you now flat on danka ?

[blockbuy] 18/10/2002 16:36

on the qt guys, I've taken profits. Nothing technical or funny. Just need to pay some bills next week thats all.

[phook inell] 18/10/2002 16:17

thanks mooch.

and my buy trade appears (delayed). (shown as a sell).

by the way mooch, many traders know how to average down, but sometimes its also good to average up.

[mooch] 18/10/2002 16:14

Phook - you must be quids in considering you bought right at the bottom! Well called mate. BB also.

[phook inell] 18/10/2002 15:59

oh by the way, i bought a further 30,000 at 15:15 @ 38.5p

[phook inell] 18/10/2002 15:57

1,251,600 trade done appx at 10:13 am. most probably an institution piling in.

[blockbuy] 18/10/2002 15:27

2.51 / 2.52 !!!!

[blockbuy] 18/10/2002 15:26

uuuurh...hello...pop out for lunch and it goes crazy!!!

[oaklandsway] 18/10/2002 15:14

Volume 1.313m?

[oaklandsway] 18/10/2002 15:13

Is it going to breakout?

[oaklandsway] 18/10/2002 15:01

Early indication shows that no big selling yet in US. Good Sign.

[psychicdoc] 18/10/2002 14:11

hope you got some bie sub11p yesterday oak,up over 10% today and further to go.ihave been speaking to the management at itl and i have a feeling we are going to see goodish results oak,they cannot say much as the closed period has started but the tone is very optimistic.looking to get in dnk under 2$.

[oaklandsway] 18/10/2002 13:31

yes phook, I expect the handle will finish at a point not lower than $2.10 or the worst at $1.99 if must be started from today.

It will be perfect if the handle is started at $2.60 & finish at $2.25 so lets hope we can still get it.

[phook inell] 18/10/2002 13:22

by the way oaks, if we get that dip then we may just see the handle on the cup to complete the the cup and handle on the charts. I assume this would indicate a bullish pattern ?