Danakali Share Discussion Threads

[blockbuy] 19/11/2002 09:59

yeah retrace until 10 mins before teh UK close again..again........lol

[panagos] 19/11/2002 09:44

BB on wot price did it break above the 200ma?

Anyway i believe not, but it will retrace IMO, DYOR

[maxbubble] 19/11/2002 09:41

the rise has started at a higher level than before - surely we will easily retest previous high and and on to £1.20 before a real pullback - imho

[blockbuy] 19/11/2002 09:37

Pango, do you see it falling back below the 200dma?

[panagos] 19/11/2002 09:33

bb i think it will fall today in the us, didnt manage to stay above the 3.50 resistance, i will probably sell today, just waiting for a couple of pennies more.

[blockbuy] 19/11/2002 09:19

See how much better things are when there are no sellers.....

Clever people now waiting for the US.

Pangos...what time today do you think the US will start to pull up the price if the pattern is to continue?

[webley] 19/11/2002 09:02

Blockbuy - thanks

[blockbuy] 19/11/2002 08:55

Webley, Island.com for the orderbook.

Hey only 2 left now at 53p....maybe they're getting the message.

[webley] 19/11/2002 08:53

phook and ltstelboy - thank you

[itstelboy] 19/11/2002 08:49

Why not use the blue tabs on ADVFN for DANKY (US) the streaming chart is very good so are the trades.

[webley] 19/11/2002 08:39

Help please. My hard drive crashed and I lost all my favourites. (Yes I am a fool!) I can remember the MSN site for real time prices but have forgotten the ones which allow you (for free) to see delayed actual trades and the order book. Can anyone help?

[cinoib] 19/11/2002 08:23

Mm;s trying to second gues the states again and get it wrong, again. Buy while the going good. Long while since I made such easy brass.

[blockbuy] 19/11/2002 08:17

morning all....

now are the mm's having a laugh this am or is this just the biggest oppo of the day???

3.48 / 1.58 / 4 = 55p

not this really low 51p.....


remember

116.11 Moving average -
62.58 High RSI -
47.75 Price now -
11.25 Low RSI -


looks like some are taking advantage...

[blockbuy] 19/11/2002 00:17

Looking at a rise this afternoon....

11/18 06:58
U.S. Stocks Rise in Europe, Led by Bristol-Myers, H-P, Home Depot and GE
By John Fraher

Frankfurt, Nov. 18 (Bloomberg) -- U.S. stocks rose in Europe on optimism a report this week on housing starts and earnings at companies such as Home Depot Inc., Lowe's Cos., and Hewlett- Packard Co. will show consumers are sustaining the economy.

Bristol-Myers Squibb Co. gained after the drugmaker said the Food and Drug Administration approved its Abilify schizophrenia treatment. UAL Corp., owner of United Airlines, jumped after saying it will cut jobs and reduce its plane fleet to help avoid bankruptcy.

Standard & Poor's 500 Index futures climbed 5.10 to 914.00 as of 12:55 p.m. Frankfurt time. Dow Jones Industrial Average futures added 51 to 8617, and Nasdaq-100 futures rose 5 to 1070.50. The S&P 500 has rallied 17 percent since falling to a five-year low last month.

``It looks like the consumer is hanging in there,'' said Alex Ingham, who manages about $2 billion as head of North American equities at Aberdeen Asset Management Plc in London. ``There are not too many obstacles to extending this rally.''

The S&P 500 advanced for the fifth week in six last week as reports pointed to rising retail sales, better-than-expected consumer sentiment and declining initial jobless claims.

The index may rise 5.5 percent by the end of the year, Ingham said. He is buying telecommunications stocks including SBC Communications Inc., the second-biggest U.S. local-phone company.

Housing Starts

The level of home construction in October stayed above this year's average as builders worked to keep pace with record demand, economists said before a report due Wednesday.

Home Depot today added 12 cents to $28.44 in Germany. The world's largest home-improvement chain is scheduled to report earnings tomorrow. Smaller rival Lowe's, which reports today, wasn't trading in Germany.

Hewlett-Packard rose 29 cents to $17.19 in Germany. The second-biggest computer maker reports on Wednesday. AOL Time Warner Inc., the largest media company, advanced 16 cents to $15.58.

Toys ``R'' Us Inc. and Medtronic Inc. are also scheduled to post results today.

Bristol-Myers gained 66 cents to $24.71 in Germany. The drugmaker's Abilify treatment may have more than $700 million in yearly sales, analysts have said. It's among the most important new products for Bristol-Myers, which has had a series of regulatory and development setbacks with heart and cancer medicines.

UAL jumped 23 cents to $3.18 in Germany. The company said it will cut 9,000 jobs and remove planes from its fleet to help secure a federal loan guarantee and avoid bankruptcy.

Phones

Microsoft Corp. added 20 cents to $56.89 in Germany. The world's biggest software company made profit margins of 85 percent on sales of its Windows operating system last quarter, as other units had losses, the Financial Times said, citing a filing with the U.S. Securities and Exchange Commission.

Qwest Communications International Inc. dropped 16 cents to $3.63 in Germany. The largest local-telephone company in 14 western U.S. states found more accounting errors that will force it to restate profit by a further $358 million and delay its next quarterly report, the Wall Street Journal said, citing a company regulatory filing.

AT&T Wireless Services Inc. gained 16 cents to $7.56 in German. The company is worth buying because the shares are poised to rise, said Bernard Schaeffer, chief executive of Schaeffer's Investment Research, on ``Wall Street Week With Fortune.''

Evian Water

Groupe Danone SA rose 2.7 euros to 133.70 euros in France. The world's largest yogurt maker and the bottler of Evian water may be a takeover target as its sales are expected to rise in the coming years, Barron's reported. Danone American depositary receipts, each representing one-fifth of an ordinary share, on Friday closed at $26.51.

Tenet Healthcare Corp. added 20 cents to $16.53 in Germany. The hospital operator is among stocks favored by Charles Jobson, a portfolio manager at the hedge fund Delta Partners LLC, Barron's reported.

Reliant Resources Inc., whose shares weren't trading in Germany, said it may consider bankruptcy if the energy trading company can't restructure billions of dollars in debt, the Houston Chronicle reported, citing regulatory filings.

Trust Co. of New Jersey may drop when U.S. trading starts. The operator of banks in the northern and central parts of New Jersey said it will restate earnings for the past seven quarters because of bookkeeping errors. The restatement will reduce net income by $3.1 million. Trust Co. shares don't trade in Europe.

[avoint] 18/11/2002 23:00

Good luck Zedder

[panagos] 18/11/2002 23:00

Wow Zedder, you are an optimist.......But why not, roll on the 4 buck$!

[zedder] 18/11/2002 22:51

Bought today at 47p. Sell target 62p and then possible re-buy after some inevitable profit taking. Still think $4 a possibility in US tomorrow, which should see me past my sell target.

[panagos] 18/11/2002 22:02

ff I take my hat off to you on TA signals. I think its gonna take a while to break $3.50 so i might sell 2mrow morning and buy in later on.

Views peaple?

[blockbuy] 18/11/2002 21:55

Cheers FF... may take note....lol

going to take direction from the US in the afternoon 1st though....there may be a push to $4....

Upgrade from investtech...

Watch candidate (18 Nov 2002) [Auto] Help
Has risen 416% since the bottom on 13 Sep 2001 at 9.25. Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has broken a resistance level in the short term and given a positive signal for the short-term trading range. Positive volume balance strengthens the stock further in the short term.
Support and resistance: The stock is approaching the resistance at 55.00 p, which may give a negative reaction.
The average difference between the highest and lowest price of the month is 56%. The risk is therefore high


Oaks, well done... and thanks...

I get this ........ looks like plenty left in the tank UK side for tomorrow....

I say you need to be in early though as it could get full very quick....shorters will be desperate to get out and look for a new position to recoup their losses.

116.11 Moving average -
62.58 High RSI -
47.75 Price now -
11.25 Low RSI -
Price: If close price next day has crossed this value, a technical signal is created.
Indicator: Type of indicator generating the signal.
Target: Price target for the buy or sell signal (Only listed for patterns).
More information


Night all ...

BB

[oaklandsway] 18/11/2002 21:53

bb, I saw "overbought" & should retrace this week. Not sure if $3.70 was the highest for this week but I sold my Danky (bought on Friday just over $3 & because it broke through $3). I wish you get better price.

[blockbuy] 18/11/2002 21:46

Phook, ff, oaks et al...can anyone explain why the price as risen on large selling volume (even taking into account advfn misreporting) ??

Could it be someone accumulating??

I found it very strange (although happy) to see all the sells (one even of 250K) yet the price rise....even the orderbook had trouble ....

[forfaiter] 18/11/2002 21:46

$3.50 target FINALLY reached.....as I predicted before the last results......now don´t be greedy...LOL

[itstelboy] 18/11/2002 21:30

Bet all those sellers today are kicking themselves now!

[blockbuy] 18/11/2002 21:30

Cor .... what have I missed....

did I see a peak of 3.7...a drop back to 3.3 and then a rise back to 3.6....

how many times could this have been traded at a 5% or more profit????

right I make 3.48 = 55p at $1.58 = £1...

so whats the betting the open will be 48 / 50 eh???

Let's see.....how many shorters will be looking to close 1st thing eh???


Let's see if Tuesdays traders can benefit from Thursday, Friday and Monday mornings traders (hope they got out with profits though).....they sold and each following day the price has risen.....

As Pangos pointed out, the best time for action is around 16:20......