Danakali Share Discussion Threads

[sigora] 18/11/2002 21:26

BLOW ME WELL DONE ALL.

[phook inell] 18/11/2002 19:16

+48c
3.50c - 3.60c
1,179,000 turnover

some super price action today coupled with way above average turnover

[zedder] 18/11/2002 19:08

zedder - 18 Nov'02 - 14:30 - 10274 of 10287 edit

Got what I was after at 47p. Look at that buy interest above. Last time this share broke $3, it broke $3.50 the following day. Those that have watched this closely will remember that and it could very well be repeated.

Fingers crossed, and eyes down watching. The bell is in 30 seconds!


Called for and got or what! There was a bit of a pull back between 1 and 2pm US Eastern Time (again a regular occurance when this share is flying), but I'm confident we'll see a close of $3.50+. Volume already 1m+. 1m has only been exceeded once in the last 3 months. Even if it does pull back before the close today, the behaviour of this share so far today should guarantee another up today tomorrow. $4+ would not be impossible.

[phook inell] 18/11/2002 17:42

+40
3.51 - 3.57

[blockbuy] 18/11/2002 17:39

sedatives pls.....

buyers at 3.60 plus

so will we see a repeat of thurs and friday...where the price hits a peak, drops from sellers/short selling....only to rally again to finish just off highs for the day?


See ya later...

[blockbuy] 18/11/2002 17:37

the orderbook is so thin on the sell side compared to a week ago...

2 @ 3.50



....

ohhhhh they're gone now...

All thats left is

1 of 5,670 at $5
1 of 100 @ $5
1 of 100 @ $10
1 of 100 @ $25

[blockbuy] 18/11/2002 17:32

3.40.....

I'm nearly lost for words....

oh...3.42....

guys, any comments...according to advfn.us, sells outweigh buys 286:95

price up 10%

However I have seen a lack of coordintion in that the price changes and then a trade appears , milli seconds later.....

this effect make the trade look like a ? (if the trade is now at the new mid point) or a sell.....

Anyone else seen this?

[phook inell] 18/11/2002 17:31

+30
3.36 - 3.42

[blockbuy] 18/11/2002 17:20

3.33

@ 1.58 = 52p

seems to have triggered some sellers

[blockbuy] 18/11/2002 17:18

well thats 3.30

oops...3.32

[blockbuy] 18/11/2002 17:09

well half way to 3.50.....

same tactic as friday.....sellers early doors.....pause.....income the buyers....and the shorters close....

And there was me friday afternoon thinking 3.0 could be hit either friday or monday....

XRX and IKN are on the rise too....EK down a few cents....overall though, looks a sector rise again....

nice...

dare we talk about 3.50????

[panagos] 18/11/2002 16:31

yeah yeah, the usual tricks, waited 4 UK to shut...lol

[phook inell] 18/11/2002 16:28

and it is now .. +5c in the US

[blockbuy] 18/11/2002 14:37

not yet Pangos....but on the up...


edit....well it was anyhow.....;-)

[panagos] 18/11/2002 14:34

ARE THE 3.50 YET?

[blockbuy] 18/11/2002 14:34

No sell off esrly doors....

could this morning's sellers suffer the same frustration as Friday morning's sellers????

[zedder] 18/11/2002 14:30

Got what I was after at 47p. Look at that buy interest above. Last time this share broke $3, it broke $3.50 the following day. Those that have watched this closely will remember that and it could very well be repeated.

Fingers crossed, and eyes down watching. The bell is in 30 seconds!

[blockbuy] 18/11/2002 14:24

At 1.5797 to the pound, $3.1 = 49p

[zedder] 18/11/2002 13:43

Currently trying to get 2 grands worth at 47p.

[blockbuy] 18/11/2002 13:19

DANKY in backwardisation at the mo...

3.12 / 3.11

opening higher in anycase then.....

[itstelboy] 18/11/2002 11:01

Yes the exchange rate has altered somewhat since earlier this year. the conversion factor for Danky to DNK was about 5.8 then - now its around 6.4
Still i'm surprised to see people selling when it's on it's way up - it may drop back a little, but a long way to go yet imo

[blockbuy] 18/11/2002 10:55

yep...gotta thank the xchange rate for that one phook.....

1.5810

Looks like an oppo to top up price before the US open....

[phook inell] 18/11/2002 10:50

and to think on the day of Q1 results danky reached over $3 and we were trading at 52p - 55p and today danky is $3.10 and DNK is 45.5p - 47.5p

[blockbuy] 18/11/2002 10:34

Hey guys, which of these charts don't you like????

DNK...
I like the green cicle...



DANKY....



Weak positive candidate (15 Nov 2002) [Auto] Help
Has risen 520% since the bottom on 21 Sep 2001 at 0.50. Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has broken a resistance level and given a positive signal for the long-term trading range.
Support and resistance: The stock has marginally broken up through the resistance at 3.00 . An established break predicts a further rise.
The average difference between the highest and lowest price of the month is 53%. The risk is therefore high.

[blockbuy] 18/11/2002 10:10

ff, I agree.

Shorters closing like mad when $3 hit....did you see all those stop losses kicking in???

I do however belive a few shorters came in at a higher level. Imo it was therefore paramount that $3 held.

Could be an interesting tug of war now until some news out.