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Renesola - want to see huge growth ? Look no further !! (SOLA)     

whatuwant - 21 Aug 2006 13:28

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

Chart.aspx?Provider=EODIntra&Code=SOLA&S

Greyhound - 01 Aug 2007 08:22 - 1431 of 3050

I'm short once more. Test of 426p, key Fibonacci level looks very likely now and 200dma broken.

cynic - 01 Aug 2007 08:23 - 1432 of 3050

i agree .... looked a minute or so ago and could have sold at 464 (i think) ..... finished off an e-mail and looked again to find down another 10p ..... i think this stock could tank quite badly and have taken a small position to support that view.

sp has now fallen through 200 dma support ..... arguably some support at 440, but then i think 400 is next stop.

goldfinger - 01 Aug 2007 08:44 - 1433 of 3050

Yep I can see 4 quid on the cards maybe more depending on the Yanks at open.

Pi liquidity running out of steam. In a very dangerous position this one now.

kitosdad - 01 Aug 2007 08:55 - 1434 of 3050

Was taken out at 452p, so I'm sitting on my hands now like my mate GF. Was going to move the stop, but decided not to buck the trend.

cynic - 01 Aug 2007 09:03 - 1435 of 3050

kitso ..... was that short or a long position? .... hope the former

goldfinger - 01 Aug 2007 09:05 - 1436 of 3050

Yep theres an inverse relationship between credit and liquidity.

The point is reaching were sola bulls dont have the resources to prop this one up anymore.

A few will try but in vain.

kitosdad - 01 Aug 2007 09:24 - 1437 of 3050

Long. boo-ooh.!!! LOL.

kitosdad - 01 Aug 2007 09:26 - 1438 of 3050

OK GF, I have you back in sight again. Hope your holiday is going well. Decided not to buck the trend and waste profits.

goldfinger - 01 Aug 2007 09:36 - 1439 of 3050

Best not to fall in love with a stock.

Attachment leads to irrational decisions.

Sometime better to be sat on the fence where a clearer picture can be seen without emotional attachment.

That said I can see it hitting 4 quid this week , maybe lower.

Nothing to prop it up with other than Charlies odd bullish and biased comment.

goldfinger - 02 Aug 2007 00:40 - 1440 of 3050

Sola to be number one in the sector........ laughable just look at these results from the NO1.......

http://www.reuters.com/article/marketsNews/idUKN0139466320070801?rpc=44

LDK have margins of 30% plus, sola have margins of 22% and are falling.

Add back 30% tax and solas net margins are way below reported 22%.

Sola appears to be falling back quite rapidly.

kitosdad - 02 Aug 2007 10:28 - 1441 of 3050

Wish it would get down quickly to that 4 quid GF, so that I could load up again.

cynic - 02 Aug 2007 11:00 - 1442 of 3050

i'ld be happy to see it at 400 too!

kitosdad - 02 Aug 2007 11:44 - 1443 of 3050

Bet you would cyn ... lol.... you bugger.!!! lol.

cynic - 02 Aug 2007 11:55 - 1444 of 3050

now why on earth should you think that - ROTFL

kitosdad - 02 Aug 2007 15:55 - 1445 of 3050

Think our chance is fading cyn.

cynic - 02 Aug 2007 16:06 - 1446 of 3050

sp not really moving at all ..... happy to stay put

kitosdad - 02 Aug 2007 16:16 - 1447 of 3050

Something fishy about these sells.

Greyhound - 03 Aug 2007 15:34 - 1448 of 3050

Heading back down with Friday afternoon market sell off. I actually think with US unemployment worsening and ISM non-manu also dropping this will eventually be seen as good news for equities as the next US rate move will be likely to be down and maybe coming sooner.

cynic - 03 Aug 2007 16:57 - 1449 of 3050

sp finished nestling on the next modest support at 440 ...... will this hold or give way?

goldfinger - 03 Aug 2007 22:52 - 1450 of 3050

Its had its day.
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