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

please please please keep selling SOLA, ideally in slabs of 100k ...... that will make me a very happy chappy .... lol!

Cynic if i had any i would!!!,good luck to you.

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

"

Sorry my fault Grey... should have checked first. Let's continue to use your thread.

PT ... you're a gem! ..... must get together for a round

Cynic

You are welocme at LCGC anytime, drop me an email (will have to be sometime this month though)

pth

PTH, nice assessment. Will watch with interest. Thanks.

50dma clearly broken, support at 470ish and 200mda at 431p

Yep looking at the chart from a TA view this would look to have 470p to 480p ish written all over it.

Just out of interest, this is the share prices of PVCS and SOLA rebased since PVCS float. Naturally it will not always look like this, but for the moment the "trend is your friend"

480p certainly looks on the cards.

Started fairly positive this morning aswell.

slowly creaking downwards ..... for myself, would be very happy to see a general rush for the door!

Cynic, I'll stick the chart up later, looks good for your short methinks :)

pth

i think so too ..... hope sp's attempted resilience proves to be just a dam of sand

Good evening Cynic dear chap, you seem to have been stirring up trouble on the SEO thread, shame on you :)

Here's your SOLA chart. As expected the SP has broken the uptrend support established from April, although I wouldn't say it is quite conclusive just yet. It also appears to be slipping down the downtrend, again as expected (I'm pleased to say- lends a bit of credibilty to my TA). I think what we should see now is a continued slide towards 480p where the SP will meet the long term uptrend. If this gives up the ghost I have drawn a steeper third downtrend line which again the SP may hug (downwards). If this happens we are certainly into new territory and possibly some dramatic moves. I have considered this business of doubling the shares in issue, which dependant on the ratinale and fundamentals behind such a decision could halve the SP and might be thought of as a 'dramatic move'!! All speculation of course.

Oh and the MACD continues to appoach the negative centreline crossover and the RSI support is certainly broken.

pth

moi stirring up trouble? ..... never! .... not my nature .... lol!
if some find the pretty obvious (well i think it is!) hard to digest when presented to them on a plate, then perhaps they should buy shares in whatever pharma company makes dyspepsia antidotes

I see the suckers across the road have had a big conversation on what the upcoming AGM will feature.

Top of the bill they think is a stock listing in the US and they think that would be great for investors.

I say they should think again as we all know here if that were to happen the number of shares in issue would be doubled or more resulting in a 50% plus drop in EPS after the dilution.

With the stock trading on a rolling P/E of 50 plus now that would be a real disaster. Throw in the increased tax charge and the fact that the director lock ins are transpiring and you would have a stock trading on a P/E of 100 plus which could not be justified.

We also still have to wait for prove that this company can generate net cash inwards on its operations and the debtor days standing at 80 give cause for concern.

I wish holders the best of luck, they will need it.

You chartists aren't much cop are you. Back to primary school for you,lads.

Err, I think you will find that the SP did fall away since the shorting began, the fact a small recovery has taken place is neither here nor there. SOLA remains in a downtrend and needs to break back through 550p ish before that scenario changes. I wouldn't go braying just yet laddie!

I'm not your laddie , patronising twat. Your charting is all bollocks.