Danakali Share Discussion Threads

[oaklandsway] 13/2/2002 10:22

miata, I guess you can't make good prediction from your conclusion of "lose buying momentum" above because I don't think you will say here that danky will drop after losing momentum.

the good indication was that we saw few times the bid & ask were the same at $2.51, we did not see big selling at that point and few minutes later danky was closed at $2.54 (higher than $2,51). from this data, i can't expect big profit takers to come under $2.50 unless the market in usa will turn to red this afternoon.

if you look again from data of the last 10 days trading, price moved very fast from $2.20-ish to $2.55-ish, also lots of trading above $2.50 mark but always see resistance around $2.70-ish. so, we can expect slow move from $2.50 to $3 but the chart shows that danky has got support around $2.05, which makes comfortable for people who paid around 35p-37p. IMO

I would love to see more accumulation between $2.40-$2.75.

[chestnuts] 13/2/2002 10:12

Miata
What is ADR

[miata] 13/2/2002 09:42

It is undoubtedly flying, but is it gaining height? Interestingly, .75m ADR were traded before lunch (UK18.30)yesterday and only .3m ADR in the rest of the US day - as can been seen in the intraday posted by Serious Punter it seemed to lose buying momentum at lunchtime.

[thunders] 13/2/2002 09:22

Up 14% on Nasdaq with 1m ADR. THIS ONE IS FLYING

[serious punter] 13/2/2002 08:37

Cinoib

My post 1295 was as you see b4 the market opened and I thought maybe indicative of the open, which as you say was 41/44 - now 41.5/44.

A bit of a slow start, but the states gives great encouragement.

[cinoib] 13/2/2002 08:33

Serious,
41-44 Actually as I just picked up 10k on a 20.Check trades.

[serious punter] 13/2/2002 07:50

Mornin All

WINS have kicked off with 42/45, could be an interesting day :0)

[357aman] 13/2/2002 00:51

I would like to see 45p today!

[jbat] 13/2/2002 00:46

Heh, you've certainly done your homework! The real investors should be waking up to this now. It's appalling to watch giants like Marconi sink slowly down to pitiful pennystock status, but very heartwarming to watch a company haul itself out of the mire and return to the real world. If we can get above £1, we can kiss the penny share label goodbye permanently.

[serious punter] 12/2/2002 22:19

Great Finish $2.54 (45p)

Strong rising trend again across the pond



Good after close sales as well

IMHO we'll break 50p tomorrow

[bigpat] 12/2/2002 21:28

finished up 13.39% on NAS another rise here
tomorrow me thinks

[oaklandsway] 12/2/2002 20:26

unbelievable!!!
I saw many times that the bid and ask price are the same at $2.51 but still no interest to sell in big quantity although some expert traders could try to shake the tree at this kind of position but risky as they see that people are still happy to keep it instead (or top up if the price further down).

I guess, there are several big orders to come later today or tomorrow. IMO.

[miata] 12/2/2002 18:30

Only 4,600 near current price seems thin to me but then its lunchtime.

[serious punter] 12/2/2002 18:27

MIATA

I don't think they're thin - look a volume and prices.

I post below the 'combined' from Yahoo, KNIGHT I believe is one of the bigger houses over the pond.

Real-time Combined Order Book: DANKY
Highlighted orders represent the best Bid and Ask orders from participating Institutions
Bid Orders Ask Orders
Price Total Order Size Institution Price Total Order Size Institution
2.50 100 Archipelago 2.58 4,900 Knight
2.40 4,500 Knight 2.60 3,630 Knight
1.90 300 Knight 2.71 300 Knight
1.84 5,000 Knight 2.75 350 Knight
1.75 50 Knight 2.79 3,200 Knight
1.50 200 Knight 2.85 1,200 Knight
1.49 5,000 Knight 2.90 4,350 Knight
1.00 1,500 Knight 2.98 1,226 Knight
0.95 5,000 Knight 2.99 4,091 Knight
0.75 1,000 Knight 3.00 12,300 Knight

[miata] 12/2/2002 18:21

Buy orders a bit thin at moment:
MMID BID SIZE TIME
ARCHIP 2.50 100 13:18
ARCHIP 2.46 600 12:30
ISLAND 2.35 800 11:53
REDI 2.27 1000 12:13
ISLAND 2.22 500 12:04
MMID ASK SIZE TIME
ISLAND 2.56 1600 13:16
ISLAND 2.60 4700 09:43
ISLAND 2.65 2570 09:45
ISLAND 2.75 3000 07:56
ISLAND 2.79 240 11:40

[ejplynch] 12/2/2002 18:18

real prices on moneycentral.msn.com - no fee. Hold tight lads am holding 57,000 @ 27p

[zedder] 12/2/2002 18:16

DANKY real time:



You need to register or get a .net passport. You only get about 30 free quotes per day though, but better than nothing.

The latest quote makes good reading, new daily high of $2.56

Regards
Zedder

[oaklandsway] 12/2/2002 18:05

sp, nice if we can see $3+ this week which I think not impossible because the price dropped from $2.99 to $1.75 with volume of trading around 4 millions (some people had bought back even when was above $2.50). Yesterday up and current one are triggered by relatively small volume. So, I won't expect big profit takers soon.

We hope for the best tomorrow but lets hope Danky can stay above $2.50 today.

[serious punter] 12/2/2002 17:44

Jbat

Can you post the url for realtime Nas prices. I use Yahoo, but I question its validity at times.

Thanx in anticipation

[rifraf1] 12/2/2002 17:44

can anybody reply to 1279-1280 please

[nmurrells] 12/2/2002 17:37

Who thinks we might see 50p tomorrow?? if the yanks close around 2.60-2.70, who knows??????

[smoketrader] 12/2/2002 17:26

I'm gutted I sold these now! That'll teach me to make trading decisions at half past twelve when I've been in the pub all night :)

Anyway, best of luck to everyone who still holds these, you deserve it after staying in through all this. If the price stabilises a bit I might consider getting back in.

[rifraf1] 12/2/2002 17:11

anybody know if the 235,000 + 200,000 + 80,000 +112,000 were buys or sells not that it moved the price down because the shorter or mm has to cover that position one time but just curious to know if it was abuy or sell