Read the latest interims.......just make sure that you are sitting down.

Salford exactly, its only worth 150p when you take into account the amount of profit it made (tax free by the way) and its 20 million of assets and then also the downside on its cash flow predicament.

Its been puffed up beyond recognition.

Looks like the IC as the dagger out today.....


INVESTORS CHRONICLE
The Chinese Bubble:
*China Shoto (CHNS.L) - Griffin Mining (GFM.L) - Prosperity Minerals (PMHL.L) - Renesola (SOLA.L).

is sp starting to unravel? ...... currently just below the (weak) support at 480

Looks to be taking a clout cynic.

Plenty of news about this week of the China Bubble.

would not really want to be proved right, though if it happens, it would be tempting to stick 2 fingers up to certain members here (and on other Chinese stocks) to say "Told you so!"

yep and youd be right LOL.

Glad I closed my trading play while the losses involved were barely more than deal costs.

Trend does not look encouraging since the SP was 560 a month ago, so I would not take a long position at the moment. Potential shorters can make up their own minds; I'm content to stay away.

i am a potential shorter here, but having already taken my profit once and with sp sitting on the (weak) support, shall equally sit on my hands!

I guess if the SP breaks downwards (accompanied by volume), then it's worth a short. On the other hand, why not just start the snowball rolling right now ;o)

cos it's too damn easy to get badly burned digits!

chuckle - too right.

BTW - take a look at GOC. Seems to have the potential to double over the course of a year.

qt 1 figures out week beginning 21st--fingers xxxx

quick rush of blood to the head here though volumes are nothing to talk of ....... i watch with interest with no inclination to go either long or short as either call could easily go badly wrong.

I closed my short last week and now long. Not long until Q1 update.

hope you made plenty ...... but Q1 figures could still disappoint, or at least the underlying message might

Could indeed, but I think more likely to show how the new saws are adding to efficiency.

and that could surely be tempered by further cash calls .... however, if your (one's) belief is that shares are actually worth 600+ as they were a few weeks ago, then arguably some "bad" news is already factored in

not a bad rise again today. When's the Q1 report due out?

Yes when is the Q1 report out .

Tempted to go short here.

Shorting before the results sounds like a big gamble, but it's your money!

Off today though: SOLA Bid: 495p Offer: 498.5p Change: -6

Post nicked from Evil.......

It strikes me that sooner or later some Chinese bloke holding a large stake in a dodgy Chinese AIM float will do his conkers on the Chinese market and will become a forced seller. At that stage the Chinese AIM stocks will all slide as investors realise that illiquid stocks with no asset backing can fall even faster when sentiment sours than they rise when the bulls are in charge. I retain my Chinese AIM shorts, especially Renesola (SOLA) which is gagging for a bashing.