DTE - Dart Energy

[oldblue]

I don't know about "smart money" but it's the sort of reaction one would expect from a well read "Inside Trader".

 

[robz7777]

I don't know about "smart money" but it's the sort of reaction one would expect from a well read "Inside Trader".

The same sort of smart money that bought into Paladin after the Japan tsunami when it fell to 3.50.. Before sliding down to 1.00 6 months later.

 

[Dang]

Some nice price action yesterday. Good to see the AUS market responding positively to announcements about the international side of the business. Nick Davies has been lamenting the lack of SP response to milestones and announcements in the year past.

 

[Gringotts Bank]

Been watching this slide for a few months. If it has any juice at all in its tank, it will put on a few cents to 34. Broader market is against it now, but that's ok, maybe it will continue its counter-cyclical attitude.

 

[skc]

Been watching this slide for a few months. If it has any juice at all in its tank, it will put on a few cents to 34. Broader market is against it now, but that's ok, maybe it will continue its counter-cyclical attitude.

Got some at 30 this morning. Full turnaround in market depth thanks to the "Nothing's wrong" response to the reverse speeding ticket.

Resistance at 34, 38, 44.

 

[Gringotts Bank]

Got some at 30 this morning. Full turnaround in market depth thanks to the "Nothing's wrong" response to the reverse speeding ticket.

Resistance at 34, 38, 44.

You did well with 30.

One problem: where's the day trader activity? I'm feeling like this is broker-orchestrated, what with those massive x-trades. Not that this is a deal-breaker but, I'd like to see the day punters come on board.

 

[skc]

You did well with 30.

One problem: where's the day trader activity? I'm feeling like this is broker-orchestrated, what with those massive x-trades. Not that this is a deal-breaker but, I'd like to see the day punters come on board.

Why?

 

[Gringotts Bank]

Well I've seen these broker jobs before and they go nowhere unless people hop on board. The broker (under instruction presumably) hopes that by churning a few million shares that they can generate interest. I want to see multiple price levels falling over, but all I'm seeing is the volume increasing slowly.

 

[skc]

Well I've seen these broker jobs before and they go nowhere unless people hop on board. The broker (under instruction presumably) hopes that by churning a few million shares that they can generate interest. I want to see multiple price levels falling over, but all I'm seeing is the volume increasing slowly.

The build up of the market depth does seem quite deliberate... and if brokers are deliberately sending you a message oneway - one should probably act the other way!

Stop at breakeven and looking for a half exit just below 36.

 

[robz7777]

Still very tempted to try and catch this falling knife called DTE. Cash backing appears to be close to current SP (112m cash vs 750m issues shares).

Bell Potter have a target price of 44c (albeit from Feb '12) and the company continues to expand reserves but slower than they were targeting. Looking to turn a profit in 2014.

Does anyone think Shell would look at DTE after the takeover of Arrow a couple of years ago?

 

[RottenValue]

As a long term value investor by nature, this is the one speculative stock that I bought to add a bit of spice to otherwise a boring portfolio (that is making a good return!). Really bought it on the back of the good management team coming out of Arrow, who I sense are also getting pissed at the lack of positive action on the SP.

Anyway, committed now and hoping that at some distant point in the future the price will get back above 0.35 so I can get out.

Or it goes to zero as the cash runs out which then reinforces why I am not a Trader by nature.

 

[pavilion103]

From a technical point of view this has hit its current lows on noticeably higher volume, much higher volume. It looks as if it is rounding off a bit.
I'm marking the 23/5 bar as my support here. If it can break above the 29/5 high on strong absorption volume we could be in business for a quick little rally. It has tested the lows twice now and volume has tended to taper off a bit in general.

This one is certainly on my watchlist.

 

[2Dmax]

As new to trading this is the first stock i have bought
Bought it last month at 0.135 and since i have held it it has been up as high as 0.17 maybe i should of sold now trading at 0.15 but still to break even 0.14 anyone else have any views on this stock?

 

[verce]

As new to trading this is the first stock i have bought
Bought it last month at 0.135 and since i have held it it has been up as high as 0.17 maybe i should of sold now trading at 0.15 but still to break even 0.14 anyone else have any views on this stock?

Hi Max

http://www.heraldscotland.com/news/...uality-could-end-scots-drilling-plan.20723754

This is the most recent article I could find.

 

[mim168]

anybody got any news as to why my sunken ship is floating rapidly the last few days??

 

[skc]

anybody got any news as to why my sunken ship is floating rapidly the last few days??

Did you read their respond to the ASX price query? They referred to recent deal by AJL.

 

[pavilion103]

This one looking likely. I got in a couple of days ago. I wonder if this is a breakaway gap. Looks to have some momentum.

 

[pavilion103]

I've got a couple of parcels of this one. Avg price 13c.

Had my eye on it for a little while. Will monitor closely

 

[Knobby22]

Dart has a lot of irons in the fire and has been treated harshly by the Australian sharemarket. This is unjustified and I think the uptrend will continue. for the record I bought at 0.135. have been eyeing the company but missed the boat a bit.

 

[Gringotts Bank]

Trendline break here. Just watching the action. There was one very big buyer yesterday. Today it's just the bots pinging away for no significant volume.