ptholden
- 04 Jul 2007 11:42
- 1206 of 3050
Cynic, I think your short is looking like a good trade now, that trendline support is in danger of giving up the ghost!
goldfinger
- 04 Jul 2007 11:45
- 1207 of 3050
Having had a quick look at PVCS it does look a much more solid company than sola.
Any thoughts on this PTH or anyone?.
ptholden
- 04 Jul 2007 11:52
- 1208 of 3050
Off to play golf GF so thoughts will have to wait until later. But as you say, looks more solid, perhaps because they are a European company with a proven track record?
Greyhound
- 04 Jul 2007 12:07
- 1209 of 3050
gf, I put 3/4 of my profits from Sola into PVCS and happy with the performance to date. I think we'll see broker updates/recs before too long.
cynic
- 04 Jul 2007 12:08
- 1210 of 3050
shall be delighted for everyone to leap out of SOLA!!
PT ..... hope you don't get drowned; just managed to avoid that fate yesterday ...... 36 holes; dry a.m. a short thunderstorm mid afternoon and then heavens opened just after we walked of 18th green!
kitosdad
- 04 Jul 2007 13:11
- 1211 of 3050
Cyn, good luck with your short. How about you GF .. are you EVER going to put your money where your big mouth is.?
Greyhound
- 04 Jul 2007 13:16
- 1212 of 3050
kito, he's told you the price where he'd short several times.
kitosdad
- 04 Jul 2007 13:31
- 1213 of 3050
Grey, he is a blow-hard. If he had went into SOLA at the outset he WOULD be a millionaire by now. If he had shorted it, he would have been skint by now. Blows hard about everything, but never takes a position. If SOLA is in dire straits, why 'aint he shorting it NOW, or maybe hestill believes it will get to 588p again. In either case, if he's correct he will make money.
Greyhound
- 04 Jul 2007 13:39
- 1214 of 3050
There's nothing wrong with setting yourself entry points regardless of whether you're long or short. I'm short today now.
kitosdad
- 04 Jul 2007 15:29
- 1215 of 3050
588p ?....... bring it on.!!!!
ptholden
- 04 Jul 2007 22:16
- 1216 of 3050
Cynic, totally drowned yesterday, partial drowning today!! Played the first 10 holes like a muppet, last 8 in scratch, funny old game golf!!
goldfinger
- 05 Jul 2007 02:18
- 1217 of 3050
A lot of stop losses kicking in at the end of the day.
kitosdad
- 05 Jul 2007 07:19
- 1218 of 3050
Some of mine .... lovely.
azhar
- 05 Jul 2007 08:35
- 1219 of 3050
You guys may also be interested in PVCS. I have created a new thread for info.
Greyhound
- 05 Jul 2007 08:58
- 1220 of 3050
azhar, i've set one up already, been going since float.
goldfinger
- 05 Jul 2007 09:11
- 1221 of 3050
Yep Ive noticed the migration away from sola to pvcs.
Perhaps the advfn sola puffers would be better placed in pvcs now that a lot of them have been stopped out of sola.
cynic
- 05 Jul 2007 16:42
- 1222 of 3050
please please please keep selling SOLA, ideally in slabs of 100k ...... that will make me a very happy chappy .... lol!
capetown
- 05 Jul 2007 17:09
- 1223 of 3050
Cynic if i had any i would!!!,good luck to you.
ptholden
- 05 Jul 2007 18:38
- 1224 of 3050
Cynic, bit of an update for you:
I think you might have a better idea tomorrow where the SP is heading. At COP today it's sitting both on downtrend support and uptrend support. So it will either continue to find support from the uptrend or slide down the downtrend. Taking into consideration that the RSI trend support has now gone (can't quite see it on the snapshot) and that the MACD is approaching a negative centreline crossover I would guess that the uptrend support will fail and in general terms slide along the downtrend until it bumps into the original trendline, drawn from flotation date.
There we go, that's called sticking me neck out, could be a right load of old tosh though! Oh and if it does go the other way I would expect the more recently drawn downtrend to cap any rise.
pth
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azhar
- 05 Jul 2007 18:45
- 1225 of 3050
Sorry my fault Grey... should have checked first. Let's continue to use your thread.