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

Seems to be stalling.

Looks like the bulls have got early jitters over results at the end of this month.

550/552 is hardly stalling, especially with such paltry volume! .... one could argue much more cogently that sp is merely pausing for breath before another assault on the 560 resistance ..... far too dangerous to short (or buy) at this juncture, especially with both Dow and FTSE determined to forge ahead, even if that does not have a direct influence on 3rd-liners such as SOLA

A rolling P/E of 35 looks far too topy.

PI liquidity may becoming an issue. If you look at the number of posters on the loon board across the road who are saying, "if only I had a bit of extra cash" etc.

As Benjamin Graham pointed out, theres an inverse relationship between enthusiasm and liquidity at market tops.

you may well be right, but pissing against the wind can be an unpleasant experience!

Especially if your wearing light coloured kecks.

can ALSO be an unpleasant experience for someone sitting on the fence, as usual.

Looks to be resistance at 560p.

Thats a shame cant wait for it to get to 588p, but that might take a few years.

that is what i said several posts back, adding that that was why etc etc etc (don't wish to write it out all over again!)

Pity then.

Ah well looks like the adfvn loons are now taking notice.

GF ... trying using a comma now and again, then just maybe we could make sense of some of your posts.

Getting a fair flaming on ample.

Now that they are paying tax I cant think it will be long before we see provision for bad debt entered into the P@L account.

GF, don't forget to let us know when , and at what price, you open your short.

A good point made by Evil K in a historical item (simon cawkwell)......

I see that Renesola (SOLA) has published a full year trading statement saying that pre-tax profits will be $22 million. Now this company does not pay tax but on a normal basis that would be earnings of 7.8 million which puts the stock on an historic PE of 72. Renesola has a thin balance sheet and is not a cash generator. I remain short.

Didn't say you went short GF ... from what SP.?

Must be hurting a bit now GF.

Ouch! That's gotta hurt!
I must admit that I agreed with gf in principle & I sold my holding a week ago at a profit, expecting a downturn.
Might get back in if the shorters have their day.

HC, not short.

I said I was going into short at the Bond take out price of 5.88. Its up above.

10% dilution then comes into play and as they are now paying tax at 12% coupled with the increase in shares which will arise, the underlying P/E of 50 plus now will go through the ceiling.

The stock cannot warrant that kind of rating.

i tend to agree with you GF .... certainly sp is just flip-flopping around at the moment, totally without direction

goldfinger for those who don't no .............bottom line in english is ;-))))