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

Morning all. I have to say I agree with Flackwell (and Ian) about the fundamentals, etc. Apologies to Cynic, whose caution I respect, but given the choice between trusting the charts and trusting the earnings figures I tend to pick the earnings figures.

Today's bijou rise is comforting in a way because it could so easily have been a pullback on profit-taking, yet it shows that the balance of trades is in favour of a higher valuation.

Still enjoying the ride. Not sure if 20 (Two billion for the whole company??!!) is possible as I don't know if the UK market will give this kind of company the same ratings that they are getting in the US (like, PE 100-odd!). It would be nice - we'll have to see how things develop when financial results are released as therein will lie the proof of the pudding. The 10 that some were mooting on the other side a few weeks ago seems a bit less like a joke now, though.

Looks like your pull-back just arrived, Cynic.

SOLA Bid: 222p Offer: 224p Change: -3.5

looks like i'll poison your drink when we get to meet ... lol!
will consider buying back at the psychological level of 200, but if Dow tumbling, perhaps dragging FTSE with it at that time, may hold out for lower.

oh, you doubting 'cynic', have a look at the following, quite interesting

or this..

http://www.renesola.com/download/Management%20Presentation%20-%20October%20conferences.pdf

or this..

http://www.renesola.com/download/Management%20Presentation%20-%20October%20conferences.pdf

sorry, the link doesn't seem to work, any way, its about a presentation they are giving at some show, look on advfn, it works there, some real bad mouth dross on that site mixed with good stuff!

promise you i too think SOLA is a damn good company ..... it's just that having taken a profit at 179, i have a psychological problem (don't all say it!!) buying back in when sp has bolted ...... i still genuinely suspect that sp will pull back when there is a general market correction (surely imminent), though it is anyone's guess where that will be to.

cynic

you're hardwork

:((

Cynic, LOL - if you're going to be that negative about my stock picks I shall probably drink it! :o)

Today's further pullback is now around 1.6% - we're hardly in major sell-off territory here, but could be a buying opportunity for some (not you, Cynic; there's only so much arm-twisting I can dish out ;o). Lucky MM's - there'll certainly be more upward action in due course.

SOLA was down 3.7%
Interesting to see if the FTSE slide today will pull the DOW down this afternoon. If it does, then presumably we could see a further drop tomorrow in U.K. stocks.
Took profit today on SOLA, but will buy back in around the 200p mark (if it gets there!). 300p target easily achievable imo.

Cynic, would you please stop shorting now ??!! >:(


SOLA Bid: 214p Offer: 217p Change: -7.5

Harry .... back to front! .... Dow hit iits target and it's that that is propelling FTSE south

soul* ..... not likely! want to beat up the likes of you ... lol! ..... lest anyone should take us seriously .... no, i am not shorting, but would not be surprised to be able to pick up SOLA in the near future at a price i like, rather than one the market (or you guys!) like

Negative, cynic - I disagree & watched this very carefully.
DOW went up 20 points monday. FTSE then dropped tuesday morning & when the DOW opened p.m. U.K. time FTSE then dropped further, as did the DOW. The U.S. were waiting for inflation data, but the U.K. were profit taking before the drop came. Normally the reverse is true. The reason is that I was watching for the SOLA price to head down which triggered a sell for me.
Now the question is, when will the correction stop & the SOLA price start to increase again? My target is 200p but may have to adjust.

200p is fantasy-land. :o) (Still, it could happen . . . .)

Might have a try at persuading my Dad to get in on this tomorrow.

I'll compromise: 210p if you're lucky!

Very tricky. The DOW closed down 21 points, but was down 80 points at one time today. If the FTSE goes down again then I agree, 210 is probably the lowest SOLA will go on a bounce. But will the DOW go down again tomorrow afternoon?

Dow 11980 is a reasonably strong resistance ..... briefly climbed above; fell through; tried to rally; failed ... implication is a continuing downwards correction especially as the market is technically quite heavily overbought

Then I think a 4% drop at some point in the day is likely.
Just hope I dont miss the boat by trying to catch the bottom!

Up again today: SOLA Bid: 227p Offer: 232p Change: 8

The drop never really matierialised, so bought back in again.
Next slight dip at 260???

It's the possible 800p over a couple of years that interests me :o)