Danakali Share Discussion Threads

[newstarter] 12/8/2003 13:26

Too early yet to be affected by US I think

[ytaxidis] 12/8/2003 13:19

don't you just love it when they tree shake all together? lol got a funny feeling that it will close above 40p today.

[ytaxidis] 12/8/2003 11:59

should be interesting when the US opens

[newstarter] 12/8/2003 11:52

Ummmm - will wait and see what our US friends think this pm!

[ytaxidis] 12/8/2003 09:52

i am back on this one for the bounce

[newstarter] 12/8/2003 07:58

zedder - cheers, did read at the time.

I will be getting back into this one, don't mind if I miss a few pence at the bottom, so patience is the word for me

[panagos] 12/8/2003 00:34

strong support at 32p

[dazz17] 12/8/2003 00:33

possible 25p target and then on to 15p.... now on a downward moving price level should falter at 30p though.

[zedder] 11/8/2003 23:38

Ref 11535 NewStarter. I posted this just minutes after the results:

zedder - 05 Aug'03 - 13:43 - 11490 of 11544 edit

Bailed. First 2 trades after the results (2046 @ 51p and 5240 @ 51.22p) were mine through Charles Schwab. That's where you see the advantage of being with the Big Boys when you need out in a hurry!

My initial thoughts on where the price might go to were:

zedder - 06 Aug'03 - 13:33 - 11510 of 11544 edit

True FF. However, things would have been far worse this Qtr without the +ve impact due to currency ($ went from about 1.40 to 1.65 to the pound). I still believe that this will drift to $2.50 or below in the US during the next couple of months which is why I bailed just after the results were released yesterday. May consider putting some back in if the price goes below 40p, although I will keep an eye on the exchange rate in case it falls back below 1.50 as that could add more pain to the next couple of quarters.

I have been very surprised how quickly it has fallen back though $2.50. Given that, I was NOT tempted when it came down through 40p. However, I do believe anything below this is GOOD value on a 1 year view if $ stays above 1.50 to the pound. If it went below 30p that would be VERY GOOD value. I am tempted to leave a buy order in place at 33p for about 5000 shares on the assumption that it might fall to that in the UK as the US shorters try and break it down through $2 again tomorrow. However, if they breach the $2, $1.75 could come very quickly afterwards. As FF says though, calling the bottom is not easy with this one, so place your bets!!

[maxbubble] 11/8/2003 21:35

sheilla...your smooth

[clairvoyant1] 11/8/2003 21:33

bubbly
you on a high as well

[forfaiter] 11/8/2003 20:56

Meaty volume and the $2 level holding is slightly positive....downward pressure is abating...

[forfaiter] 11/8/2003 20:55

Wldn´t like to make a short term prediction on the price...the shorters are rampant with very little support to be found at any level....but as the regulars know this turns when u least expect it and very quickly...

Longer term not particuarly worried..assuming these clowns leave in the autumn when their contracts are up...

[forfaiter] 11/8/2003 20:53

Dazz....iffy post mate....person in a hurry?..lol

[maxbubble] 11/8/2003 20:50

sheila high volume is normally 10-15mil

[clairvoyant1] 11/8/2003 20:36

down over 12% on high vol across the pond,closed short too soon,so ff what price would you buy this stock(dog).

[dazz17] 11/8/2003 17:02

was told this afternoon DNK have iffy management, the person was in a hurry so had no time to elaborate,can someone enlighten me, is the boardroom dodgy
.
tia

[majic] 11/8/2003 17:01

Dive bombed at 2:30 then!
I guess the long holders are slightly longer holders now.
I put my dosh in INTD nice!
Looking at earthport, any views?

[newstarter] 11/8/2003 16:45

Ouch - bad few days, hope the old holders got out in good time and in good shape.

Never thought my getting back in at 17p was poss, but looking more likely!

FF - you never gave me an opinion - where do you see bottom??

Thanks

[forfaiter] 11/8/2003 16:32

Nice trade....

[clairvoyant1] 11/8/2003 15:14

closed short at 36p,happy.shall buy around 25p if it gets there.

[forfaiter] 11/8/2003 14:14

Hmm ...15p values the company at 36m.....less than what it has the bank and totally ignores all the debt reduction and all the cost cutting to come...

[majic] 11/8/2003 11:56

What a crock of poo.
How long is this going to take to turn around now?
Is this a chance to fill up or is it going to nose dive at 2:30 today?

[clairvoyant1] 11/8/2003 08:36

kodak downgraded on fri whole sector does not seem right,down below support at 40p,shall buy when 25p maybe.