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

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)

is greed going to get the better of me yet again? ..... lol!

with Q3's in 4 weeks why would anyone want to sell now? Defies utter belief..moreover Q3's will provide a sound basis on which to calculate Q4's with a greater degree of accuracy..upgrades from CSFB, SCSW, Lemmings and other investment mags..too much newsflow to consider selling..

f18

Stop it, Forti, you're making me dribble in anticipation . . . . ;o))

on the basis that the lemmings and their extended families are now invested here, it might be a clever move to sell at least some before the results .... that is not to say they will disappoint; merely that that tends to be the way of things

Kiss of Death has arrived!

thanks for that cynic. you've been wrong so far so will make my own judgement on how to place this one..

this 'buy on rumour sell on fact' is pure short term bullshit talk. you don't tell an explosive growth stock like SOLA just after Q3's.certainly not when Q4 could prove even better!!!

iMO

I was waiting for a bigger fall, but have become a lemming today! Time will tell....

there is a tenable argument that one has a core holding + more for trading ..... i have found that worked with many stocks, especially those where the lemmings were likely to jump in and out.

by the way, if i got everything right, i sure as hell would not be working for a living, but have certainly made several correct calls of late

Hello folks

Nice tick up today. Any major selling is probably out of the way now and this is the consolidation until the break over 230p.

We took the opportunity to buy another small tranche at 227.66p earlier this afternoon.

The noises eminating from brokers and research houses suggest the next stage of the rise in share price is not too far away. (Need SOLA to perform to cover the SBT debacle !!!)

Ian

Ian .... you cite 230 as something of a key level ..... any reason? .... share has been around such a short time there is no meaningful pattern (chart) that i can determine

Everyday is a learning experience. Judging by the fundamentals of this stock I'm not too fussed over a penny or two in the purchase price if it's going to greater highs. Good luck to all.

Cynic

Not a key level as such but it was the figure at which a couple of active 'big' investors decided to take profits with anticipation of buying back below 200p.

However (and on one of those rare occasions) the quality of the PI research on some of the Bulletin Boards has been of such quality that the retracement was less than 10% whilst many normally target a 20% dip from the peak as the signal to buy.

Assuming there is no heavy selling around the 230p mark then I would suggest that we should head towards the 300p target that some of the 'professionals' have been touting.

I look forward to the next few trading days.

Ian