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

GF - so far you are wrong with sp only marked down 5.5p albeit with quite a wide spread ...... i too would have expected SOLA to be harder hit, but this has not (yet) proved to be the case

though the market shows 477/490, there are no buyers ..... all except me to close out at 480, which was quickly done ...... no need to be greedy and 50p profit will do very nicely

Cynic, I think quite a few of us have been proved wrong on SPs this morning.

The market appears to be a lot more resilient than a lot thought.

That said this stock for fundamental reasons is in danger of SP collapse. Pi liquidity is at stretching point, liquidity and credit dont go arm in arm in fact theres an inverse relationship between the two.

Theres still a long way to go today.

Well done on the profit by the way.

Distribution of wealth from the numpty puffers to a just cause.............. smile.

Poor old GF, still hasn't made a penny for all his efforts.. I suppose he has me squelched too........Gotta' laugh.

Shorters starting to close now.???

i did at 480 - actually still have a very small rump that was not taken out at that price which i set with the market

Had this e-mailed to me from my man on advfn.....

-----
re to sola reply from the CEO to board poster -------

Charles did respond, this is what he said :-

"As a result of IPO and potential conversion of CB into shares, the company
won't have much authorized share capital left, which will constraint the
company from raising additional funds (either via an offering in tandem with
an alternative listing or an AIM follow-on) to fund our expansion plan and
share options plan contemplated to key management staff (we don't have a
share incentive plan up to now)." ENDS.

A sure sign that that sola will be issuing further shares and a resultant dilution for Pis.

Yes, saw your earlier post Cyn. Well done. Money in the pocket is safest.

If I were one of the puffers after reading that last e-mail and also the news out this monday from Chareles the CEO would institutions be willing to take the risk of shelling out funds for further expansion given the state of credit markets worldwide and the recent market weakness.

Thats got to be a big IF.

Back negative.

You might have made a mistake cynic.

Unbelievable what comments are coming out on other boards as to why sola is taking a pasting recently. In fact some of them have had me in stitches..

Sellers coming back into the market.

The lunchtime crowd will be switching on in the next 5 mins as per norm I expect it to drop over the next hour or so.

If it hits 470p it could take out a valuable support marker.

Longs get your rubber kecks ready.

Its near that 470p mark now.

A sea of red again.

spo now heading sharply south once more ...... next obvious support is 200 dma at about 440 ...... happy enough to have got out a bit prematurely, but if 200 dma fails, it iwll be worth taking a good look as to what happens thereafter ...... of course, there is almost as much possibility that the fall will be seen as overdone with a sharp (perhaps shortlived) correction to scare the bears

457p is the 200dma today. Almost there.

Yep 440 looks on the cards and then 400p.

Even at 400p this one is way overvalued.

A few buyers coming in now, suckers.

said it before but bwill say again, buyers can be closing short positions

Dont you mean sellers?.