DYL - Deep Yellow

[greggy]

Hope the moderators of the site are taking notice of constant harrassment from Kennas!!

I don't think its constant harrassment from Kennas. On a number of occasions he's made fairly negative comments on some of my stocks. He's also made some positive comments. His comments tend to be well considered even if I disagree with him. I take it all in my stride. Imagine if we had a forum where people agreed with each other all the time. Boring!
Please don't take my comments the wrong way. I value his judgement and have recently realised that it must be tough being a moderator. DYL has had a great run and I hope you continue to do well.
DYOR

 

[hitmanlam]

So, if it closes below $0.57 it will not be bullish and it will not 'explode' in the morning?

Let's keep it real guys.

Sorry kennas. I get what your saying. Does 0.565 mean that it is a weak close. Ofcoarse not! Point taken. Instead of saying a specific price, i should have said if it was a strong close, then the stock remained bullish for tommorrow. But having said that, if it had a weak close, that would have been a bad sign for me.

I was merely trying to state that the close can be important and can effect what happens tommorrow morning.

PS. I don't think it will explode in the morning. I think it will either open at the closing price or gap up one or two ticks. (70% chance)

I could very well be wrong. But the odds are on my side. But that's what trading is really. Putting the odds on your side.

 

[insider]

Awww... Did you guys breakup?

 

[Sean K]

Sorry kennas. I get what your saying. Does 0.565 mean that it is a weak close. Ofcoarse not! Point taken. Instead of saying a specific price, i should have said if it was a strong close, then the stock remained bullish for tommorrow. But having said that, if it had a weak close, that would have been a bad sign for me.

I was merely trying to state that the close can be important and can effect what happens tommorrow morning.

PS. I don't think it will explode in the morning. I think it will either open at the closing price or gap up one or two ticks. (70% chance)

I could very well be wrong. But the odds are on my side. That's what trading is really. Putting the odds on your side.

Cheers Hitman, that was my point really. Nizar's comments in regard to the strong close and volume etc really emphasise this. I should have explained myself a little better. I love the banter that can go on on this site and it's always interesting to see people getting excited about a stock. I've certainly done it plenty of times myself! Things can get out of hand sometimes, and I would hate to see a newbie get trapped into putting their gandmother on a specualtive uranium company that will 'explode' the next day. Sure, we all should do our own research blah blah, but it's important to keep things as objective as possible I feel. 'Leave emotion at the door', etc. Hope I haven't been too hard on some punters here, just trying to keep it real, and I'm happy for anyone to be questioning my analysis of any stock I comment on. All the best.

 

[Sean K]

Awww... Did you guys breakup?

Love you too insider. :remybussi

Sorry this DYL thread has got out of hand. Let's get back to it I think!

 

[hitmanlam]

That's kool kennas. I guess that's why you're a moderator. Try to keep us guys level headed.

 

[krisbarry]

Something to consider is that DYL is about to issue more shares according to its latest announcement...over 1 billion on issue very shortly ...way too many for my liking.

I like tightly held stocks

 

[nizar]

Something to consider is that DYL is about to issue more shares according to its latest announcement...over 1 billion on issue very shortly ...way too many for my liking.

I like tightly held stocks

Tightly held has nothing to do with number of shares on issue.
Think about it.

 

[krisbarry]

Yes it does...the more shares on issue, the more news needed to move those 1 billion shares, not unless they are all consumed via directors, and insto's, leaving very few for the general public.

Much easier to move 50 or 100 million shares than 1 billion don't ya think?

Here is a basic mathematics lesson...

Sally has 10 apples and Mary has 2 Apples, if a buyer wants 1 apple of each, how many remain?

Sally = 9 apples
Mary = 1 apple

Sally's apples are plentiful so her price stays pretty average, Mary's only remainding apple becomes highly prized so she jacks up the price...pretty simple really.

A very basic component of the stock market is the shares on issue, but so over-looked in times of frenzied buying.

Can you spot the difference?

 

[krisbarry]

Forgot to mention that Sally and Mary are home tonight baking apple pies, can someone bring the cream? :

 

[chris1983]

I have:

DYL's market cap at about $350m at the moment

I thought its more like 540 million? Plus an additional 20 million shares coming on so its 550 million? The way uranium stocks are going though deep yellow will be a billion dollar company soon

 

[johnno261]

I thought its more like 540 million? Plus an additional 20 million shares coming on so its 550 million? The way uranium stocks are going though deep yellow will be a billion dollar company soon

The fact that theres only roughly 373million shares amongst traders and the remainding roughly 500million are tied up amongst the top20 shareholders makes it exciting. Paladin holding 11% doesnt look to bad either and the fact that they are holding that much gives confidence to the rest of the market in Dr.Pretorious's ability to make DYL a big player in the U sector!!

 

[barney]

Forgot to mention that Sally and Mary are home tonight baking apple pies, can someone bring the cream? :

Sally's pies will not be worth as much as Mary's, but they will have a lot more apples in them !!! (see post 453)

My father was a "fruiter" for over 40 years ..... I like the apple scenario ............ seriously ... that made good sense STC.

 

[kr1zh]

Announcement at 17:12 = Mt ISA District update

 

[britishcarfreak]

My platform says open estimate of 57 (up from 56.5 close) 0.9% on a surveyed volume of 187,800 shares traded on open. Unless some buyers stack up I don't see this doing a big run today on open. I could be wrong but I've put in a sell at 58c. Getting on a plane in 1.5 hours and can't let this baby go unattended.

 

[nizar]

Yes it does...the more shares on issue, the more news needed to move those 1 billion shares, not unless they are all consumed via directors, and insto's, leaving very few for the general public.

Much easier to move 50 or 100 million shares than 1 billion don't ya think?

Here is a basic mathematics lesson...

Sally has 10 apples and Mary has 2 Apples, if a buyer wants 1 apple of each, how many remain?

Sally = 9 apples
Mary = 1 apple

Sally's apples are plentiful so her price stays pretty average, Mary's only remainding apple becomes highly prized so she jacks up the price...pretty simple really.

A very basic component of the stock market is the shares on issue, but so over-looked in times of frenzied buying.

Can you spot the difference?

Yeh you have a point.
For me i look at top20% holding to give an indication of whether or not a stock is tightly held.

Of course i will not give anybody a maths lesson, coz you never know, the person im speaking to may be alot smarter than me, so ill just give a simple example.

Company A has 20million shares on issue. Top 20 holding is 10%.

Company B has 300million shares on issue. Top 20 holding is 85%.

Even though in absolute terms, company A has less shares outstanding, ie. 18million, as opposed to company B, which has 45million shares.

But i would consider company B as tightly held, and NOT company A.

 

[nizar]

My platform says open estimate of 57 (up from 56.5 close) 0.9% on a surveyed volume of 187,800 shares traded on open. Unless some buyers stack up I don't see this doing a big run today on open. I could be wrong but I've put in a sell at 58c. Getting on a plane in 1.5 hours and can't let this baby go unattended.

In my experience, those that dont gap up much at all are the ones that have potential to run all day...

eg. PEN the other day. Previous close 6.9. OPened at 7. Ran to 9c+.
eg. sometime ago, MLS opened at 5.2c, previous close being 5.0c. Ran to 7c+.

If the gap up is too high, thats the dangerous one, coz the momentum wont be sustained and a high for the day would most likely be created in the opening few minutes ie. blow-off move.

 

[Sean K]

In my experience, those that dont gap up much at all are the ones that have potential to run all day...

eg. PEN the other day. Previous close 6.9. OPened at 7. Ran to 9c+.
eg. sometime ago, MLS opened at 5.2c, previous close being 5.0c. Ran to 7c+.

If the gap up is too high, thats the dangerous one, coz the momentum wont be sustained and a high for the day would most likely be created in the opening few minutes ie. blow-off move.

Yeah, I've seen this too, but there will be exceptions of course. I saw a few U stocks gap up yesterday and then come off quite a bit only to finish up a % or so. BMN, AGS (although still finished up 14%), MTN, SMM, to name a few. (mention those because I hold and was watching..)

Looking forward to seeing how this goes.

 

[britishcarfreak]

Yes. It's showing a lot more interest now with just under 900,000 shares to go on open at a price of 58.5. I'm just trying to pick what's going to happen in the first 5 min as I have to leave just after open.

Good luck everyone.

 

[Phoenix]

Looks like a retracement last price 0.525c. It's sure taking a hit.