DYL - Deep Yellow

[jemma]

Fab,

If I were you I would have a healthy mind before I hit the enter button and started trading. Seek help.

 

[IGO4IT]

Hi guys,

I'm getting mixed messages from chart after yesterday, it looks like "plenty" were stuck at the tops & that usually calls for a relatively re-test to highs.

2 things we watch out for today imo:

1. T+1 traders who will try to give it a push to come out even. (could be a nice chance for a day trade)
2. A panic sellout & wether 25.5c is really the support as we seen yesterday.

If I'm a perfectionist, I'd wait for 23-24c entry if/when ever it appears, but again, i'm predicting a retest to highs within few days if not today for those stuck above to get out, buys were big at highs & yesterday's filling the gap made many save most of the their money for the next up trip rather than resisting the gap filling.

well done Jemma, I guess DYL made up your losses if any in EXT & AAR made my whole year look bright again .

cheers,

 

[jemma]

Hi guys,

I'm getting mixed messages from chart after yesterday, it looks like "plenty" were stuck at the tops & that usually calls for a relatively re-test to highs.

2 things we watch out for today imo:

1. T+1 traders who will try to give it a push to come out even. (could be a nice chance for a day trade)
2. A panic sellout & wether 25.5c is really the support as we seen yesterday.

If I'm a perfectionist, I'd wait for 23-24c entry if/when ever it appears, but again, i'm predicting a retest to highs within few days if not today for those stuck above to get out, buys were big at highs & yesterday's filling the gap made many save most of the their money for the next up trip rather than resisting the gap filling.

well done Jemma, I guess DYL made up your losses if any in EXT & AAR made my whole year look bright again .

cheers,

Thanks IGO, I am surprised you didn't get on this.

When you say it will retest the highs soon, do you mean it will hit the highs and get slammed back down or do you mean it will keep going????

 

[Fab]

At 4.47pm



At 8:13pm



Fab, wats going on buddy??

Shouldnt u know details about uranium deposit size and production before buying into a stock?? (if you were long term that is, but hold on, you are short term??)

Nop. I am mid to long term on this not short term. I don't know much about DYL but 2 things are of interest to me. First PDN just bought a sizeable amount of shares and I believe uranium policy will change in June therefore 0.28 or 0.20 is not a big price to pay for the gain I am forecasting to make in the mid to long term on this

 

[IGO4IT]

Thanks IGO, I am surprised you didn't get on this.

When you say it will retest the highs soon, do you mean it will hit the highs and get slammed back down or do you mean it will keep going????

The issue with hitting new high (which is 29c) is that we have to retest same high again & see if it breaks.

If share failed to break it (e.g. all the way up to say 28.5c - 29c & couldn't break 29c), therefore we can predict a fall back easily to early 20s until all those providing resistance can sell & clear the way up.

If share could break it even by .5c (say reached 29.5c) then I can guarantee another run to re-test the new high until it fails.

These are all very short term opinion (max 1 week).

As for long term & where exactly it will stand is a mystery at the moment until all short termers move out (if ever) & we see a sideways action for few days. then, we could give accurate levels to medium/long term position, but now........no one can guarantee how much will it be at 10:05am this morning.

cheers,

 

[jemma]

The issue with hitting new high (which is 29c) is that we have to retest same high again & see if it breaks.

If share failed to break it (e.g. all the way up to say 28.5c - 29c & couldn't break 29c), therefore we can predict a fall back easily to early 20s until all those providing resistance can sell & clear the way up.

If share could break it even by .5c (say reached 29.5c) then I can guarantee another run to re-test the new high until it fails.

These are all very short term opinion (max 1 week).

As for long term & where exactly it will stand is a mystery at the moment until all short termers move out (if ever) & we see a sideways action for few days. then, we could give accurate levels to medium/long term position, but now........no one can guarantee how much will it be at 10:05am this morning.

cheers,

Thanks IGO, good luck with your trading. Keep a close eye on NAE.

 

[Fab]

I just read their annoucement about the "Non Renounceable Entitlement Issue Prospectus" does that mean you can for every 5 shares you own you can buy 1 new DYL share at 0.12 cents ?
If that is the case when is the record date as I might buy some more DYL before the record date

 

[andrewkmz]

I just read their annoucement about the "Non Renounceable Entitlement Issue Prospectus" does that mean you can for every 5 shares you own you can buy 1 new DYL share at 0.12 cents ?
If that is the case when is the record date as I might buy some more DYL before the record date

YES! record date: 15/11/06

 

[Fab]

Is that correct that then for every 5 shares own we will be able to buy an extra one at 0.12 cents ?

 

[laurie]

Share dilution may be a problem here I stand to be corrected but it's now approx 650m shares on issue this will push it over to 700m+

cheers laurie

 

[insider]

SHARE DILUTION IS NEVER A GOOD THING (FOR TRADERS)... PEOPLE ARE JUST GONNA SELL... IF YOUR INVESTING IN THE COMPANY THEN BUY SOME MORE SHARES TO OFFSET ANY LOSSES (IF THERE ARE). THE REASON FOR THIS OFFER IS THAT THEY ARE TRYING TO RAISE MONEY... DUH... BUT WHY NOW?... BECAUSE URANIUM STOCKS ARE HOT!!! THEY WANT INVESTORS AND MORE IMPORTANTLY YOUR MONEY SO WHAT BETTER TIMING THAN NOW... THIS IS HOW I GOT BURNT BY EXT (ECTRACT RESOUIRCES) I'M GLAD I SOLD DYL AT THE PEAK. ... WHY NOT TRY MTN (MARATHON RESOURCES)

 

[insider]

MIGHT I JUST ADD... KEEP A VERY CLOSE EYE ON THIS ONE BECAUSE THERE SHOULD BE DRILLING REPORTS ON THE WAY... EVEN MORE REASON FOR THE ISSUE... THE NEXT 2 TO 4 WEEKS WILL BE BUMPY

 

[insider]

Holders... don't be alarmed... I calculated the difference the new shares issue would make... It should only drag the pirce down 1 - 2 cents however if experience serves me correctly the share has a good chance of dropping more due to psycology of the share holders... I wouldn't be too worried beause just one drilling report... I'll let you imagine

 

[Fab]

Wow +21% at opening

 

[jemma]

50 cents here we come.

 

[Sean K]

50 cents here we come.

Taking profits can be a wise thing when a stock rallies so hard, IMHO.

 

[andrewkmz]

I'M GLAD I SOLD DYL AT THE PEAK. ... WHY NOT TRY MTN (MARATHON RESOURCES)

I like your contributions in this forum in general, but for this one maybe too early to sell. DYL has potential to hit higher, IMO. anyway I hold MTN as well, another quality u stock. my 1c.

 

[vert]

yes kennas i have taken my profits, 110% in 3 1/2 weeks, that will do me for now but i will be looking to get in again a bit lower if possible.

greed can overtake very easily and before you know it....

best of luck to you all, especially jemma you must be in front now.

 

[jemma]

I like your contributions in this forum in general, but for this one maybe too early to sell. DYL has potential to hit higher, IMO. anyway I hold MTN as well, another quality u stock. my 1c.

Why is it too early to sell in your opinion andrew and where do you see the price heading short term??

 

[andrewkmz]

Why is it too early to sell in your opinion andrew and where do you see the price heading short term??

I was refering yesterday price insider talk about. obvious if one sold last week, he could get more if he sell today. After today 23% jump, it's up to individual, if for short term, u can sell to take profit. For myself long term , I hold and see.