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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

kitosdad - 31 Aug 2007 07:49 - 1834 of 3050

Welcome back Slats.

cynic - 31 Aug 2007 07:54 - 1835 of 3050

internet cafes (un cyber in french) are actually quite thin on the ground, and seemingly virtually non-existent in Dijon and Beaune ..... in any case, we were cycling quite a lot .... prior to lunching and dining that is!

anyway, with regard to SOLA, the fact that i closed my short does not mean that i now think the share will recover its former heights etc etc ..... however, shares,like markets, neither fall nor rise in a straight line, and having fallen by about a third in 10(?) days, a sharp rally was always likley ...... and a banked profit is for real, whereas paper is not!

cynic - 31 Aug 2007 08:44 - 1836 of 3050

bears are being well cuddled at the moment = +16 @ 256 mid ..... would have been very nice to have been able to buy at 215, but can't win them all!

kitosdad - 31 Aug 2007 08:56 - 1837 of 3050

se le vee Cyn .. excuse my French.

Greyhound - 31 Aug 2007 08:58 - 1838 of 3050

Between 260 and 275 I have to consider doubling my short again.

maggiebt4 - 31 Aug 2007 09:42 - 1839 of 3050

What french????

cynic - 31 Aug 2007 09:58 - 1840 of 3050

have just reminded myself of what the chart looks like ...... the DMAs are currently meaningless with 25/50/200 all being miles above the current level, though falling sharply ..... 240 should have been a reaonable support/resistance, but proved to be neither! ..... 280 was a level that we talked about (need PT to check one of his more sophisticated models) and 300 is an obvious resistance, for psychological reasons if no other.

hlyeo98 - 31 Aug 2007 16:30 - 1841 of 3050

Wow...270p now. Could it go any further?

cynic - 31 Aug 2007 16:34 - 1842 of 3050

yes, but quite likley to stall at 300 is my guess, even though some brokers still have pretty high targets set ...... personally, i think the full year figures will disappoint anyway and shall certainly be following sp with a view to shorting rather than buying

Greyhound - 31 Aug 2007 16:49 - 1843 of 3050

doubled my short before the close.

cynic - 31 Aug 2007 16:56 - 1844 of 3050

well i hope your first part was at 320+ then ...... it is not impossible that Fed + Bernanke could boost Dow even further - i.e. rumoured bail-out of the poorest families hit by sub-prime lending shenanigans, and thus, by definition, bail-out of the companies who have got themselves and others in a fix.

sivad - 01 Sep 2007 12:45 - 1845 of 3050

This will tank north on Monday broker tagets at 4+ looked at the 4,=.15 activity and it appeared we were hort of ordered stock-hit +42p late on before stock became available.

cynic - 01 Sep 2007 14:55 - 1846 of 3050

interesting oxymoron! ..... tanking = south at a gallop.
i would not be surprised to see 3.00 hit as further pressure is put on bears, but i still reckon that y/e figures will be vile with obvious implications for sp ...... latest figures already warn of impact on y/e results, but the avoidance of forecasting by how much makes me listen harder to what has NOT been said.

Big Al - 01 Sep 2007 21:31 - 1847 of 3050

Always the trick with a news release, cynic. What they say means little compared to what they don't!! ;-))

cynic - 07 Sep 2007 11:54 - 1848 of 3050

time to contemplate shorting SOLA again ..... 260 has proved a stumbling block upwards, so next move could easily be sharply downwards

Greyhound - 07 Sep 2007 13:36 - 1849 of 3050

Both my shorts in profit and with that stinging US payroll number more weakness to come.

cynic - 07 Sep 2007 13:45 - 1850 of 3050

Greyhound - take a peep at my last post on Dubious Sell-off

Greyhound - 10 Sep 2007 08:27 - 1851 of 3050

Goldman reduce target to 271p. Due for a retest of 200p now and then a lot of updating for those brokers with targets of 8 I would imagine.

cynic - 10 Sep 2007 08:43 - 1852 of 3050

shorted on Friday at 254 and dwelt on doing another slab this morning, but was too greedy with spread at 248/254 at the time ...... never mind; be thankful for small mercies

Greyhound - 10 Sep 2007 08:49 - 1853 of 3050

Well it looks the right move to me and that was quite a drop for Goldman reducing target by 42%.
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