Danakali Share Discussion Threads

[oaklandsway] 03/12/2002 08:04

Good results by CPG

[oaklandsway] 03/12/2002 07:51

Good results by SGE; the share is traded at high PE ratio but lower than AU.

[blockbuy] 03/12/2002 00:49

Afternoon all.....well looks like the UK mm's are still taking the mick and staying well out of step.

$4 @ 1.5466 is approx 64.5p mid price.

Pangos....it got stuck before I stopped posting...I think that's why many are taking a breather right now....

DANKY and DNK are now well overbought (83 and 94), so I suppose many are waiting for this to drop before pilling in.

[shareman2] 03/12/2002 00:26

Looks like a plateau has been formed. Only question is now which way will it now go?

[panagos] 02/12/2002 16:54

sure, we must have some cash spare for trading always....ftse100 didn't manage to stay above 4,200 though, really hard to crack this one.

[oaklandsway] 02/12/2002 16:49

panagos,

imho, not bad to trade tech & telco as the good sentiments grow every day/week such as twt, arm (sp must be :-) ing), cml (gave bad results but institutions bought), au. , etc.

[blockbuy] 02/12/2002 16:24

ds, I believe I was just watching last week....I didn't post much either.

Anyhow, besides that, it looks to be taking a breather...as posted earlier I suppose people are waiting for the rsi to drop.......
apart from that, there could be a million other reasons why nothing is happening.

[dsmith626] 02/12/2002 16:10

BB, you were very bullish about DNK last week... Do you now think they've topped? Or will they go further?

DS

[panagos] 02/12/2002 15:58

yes agreed quite risky, but there is always a stop loss. Havent bought, will see just before close, if it stays above 1.60 and will think about it then.

[blockbuy] 02/12/2002 15:52

can't say I've looked into it that deeply pangos. I'm just very aware of buying the day before results...

[panagos] 02/12/2002 15:47

true bb, but doesnt the chart remind you danka's chart at the $3.75 level a couple of weeks back??? ;-)

[blockbuy] 02/12/2002 15:44

pangos....if the results are out tomorrow you may find some selling on fact happening....

[panagos] 02/12/2002 15:33

oaks, sge has broken above the 200day m.a, chart looks good for 2.30p short term imho. What do you think?

[blockbuy] 02/12/2002 15:15

Has anyone else noticed that there's an awfull large number of stocks which are over bought????

I for one am keeping a keen eye out incase they want to introduce a correction...

[oaklandsway] 02/12/2002 15:15

cheers panagos.

[panagos] 02/12/2002 15:13

Thanks oaks, i'll have a look at it, sold dnk at 62p today, might get in later if it gains momentum. By the way wdsw retraced a bit, you might want to keep an eye on it.

Regards

[oaklandsway] 02/12/2002 15:11

Hi Panagos,
The Market is good for Tech & Telco, which could help SGE if the results hit the target tomorrow. Please DYOR.

[panagos] 02/12/2002 14:18

don't believe in RSI, i believe in support and resistance

[blockbuy] 02/12/2002 13:57

However I do not understand how the RSI is so high in the 1st place. Most days there have been more sellers than buyers.

[blockbuy] 02/12/2002 13:55

It may or may not drop, but somehow the RSI has to come back down to encourage buyers.


US futures have gone into orbit!!

[panagos] 02/12/2002 13:26

dont think it will drop imho. i think today will gives some direction either way.

[panagos] 02/12/2002 11:55

will this get a direction or what?????????

it used to be the most exciting stock around.

[panagos] 01/12/2002 22:13

62p, bb since you stopped posting its stuck at $4. Give it a push 2mrow.

[blockbuy] 01/12/2002 22:07

evening all.....how are we looking for the am then?

[panagos] 29/11/2002 10:16

not moving mate, wait for the us.