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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE -- Ignore unavailable to you. Want to Upgrade?


To: Jimmer who wrote (103)4/16/1998 9:00:00 AM
From: Peter  Respond to of 486
 
I agree. The accumulation/distribution ratio dropped dramatically a few days ago which has lead to a continued drop in Dalton price.

It would be meaningful if the reason for the large volume preceding that is explained.

Right now news is all important.

We know that gas has already been found. Commercial quantities? Yet unknown.

I bought Dalton as a lottery ticket for the Leduc Formation, et. al.

On another thread, FST?, TKE?, it was stated that Leduc etc being paying has about a 10% chance. I assume that this was stated by someone who knows a lot more about the business than I.

To my mind, the graph can do what it wants. We are nearing the moment of truth in the drilling and that is all that matters.

I can only await my fate. Et tu Dalton!



To: Jimmer who wrote (103)4/17/1998 2:18:00 AM
From: StockJock-e  Read Replies (1) | Respond to of 486
 
Technicals can apply to almost any stock, as long as there is some liquidity.

Basics such as support levels and volume are consistand indicators in any stock.

Speaking of support, we just fell past .30, next support level is at .26.

There seems to be a big seller, but his shares are being picked up by someone... hmmm... lets see where this thing goes.