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

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.

Yeah he's been shorting since about 180p if I remember right , if he says it often enough I'm sure he'll get it right one day.

chart below shows good break through 25+50 dma, which now looks to be providing at least reasonable support ..... pretty self-explanatory.

no apparent news nor even announcement re next figures ..... as volumes are not huge, may be a clasic bear squeeze

Not sure I agree Cynic, it's broken the downtrend established from the 640 high and is in effect a chart breakout from a symmetrical triangle. Could retrace a little but that downtrend line is now immediate support, depends how it closes today.

you and i actually agree in principle ..... i was only questioning the reason behind the recent rise .... certainly would not now be shorting! .... which is NOT the same as saying i shall rush out to buy either!

Good call, pth. Another little nudge up next week would be appreciated & I will then take some profit!
Don't suppose you know the lottery numbers for sat? :o)

Ask Evil to pick 43 then do the other 6 :-)

Harry - I wish :)

first acid test tomorrow morning with the announcement of Q1 figures and a subsequent conference call ...... good luck to all holders, of which i am not one ....... i shall be in lovely R'dam (pooh!) for the day so will miss the excitement.

Ill be very interested to see what that cash flow position is like.

They can announce as much volume uptake as they want but if theres cash outflowing at the rate its been going in the past this ones a big sell.

cynic, just to tell you what a dramatic start for SOLA this morning ... sp climbed up rapidly to 600p within minutes...now 555p. Enjoy Rotterdam.

Sales hardly moved on previous quarter, gross margin down again (albeit not by much), stocks up another $15M, cash still flowing out fast before bond proceeds/new bank loan. Prospects remain exciting if you believe the hype, but think I will stay with the easier ones to understand for the time being.