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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

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%.

goldfinger - 10 Sep 2007 11:20 - 1854 of 3050

Goldman are being very generous aswell with that target GH.

Investors Chronicle have a fair price of 199p.

Theres a lot more risk to the downside in this one and Im led to believe by my snitch over on advfn that even the big bull j t Cod (now no position) has now openly admitted that this one has a mountain of debt and its cash burn endangers its progress.

About time aswell ive been pointing out from day one that this is a dud of a business.

goldfinger - 10 Sep 2007 12:43 - 1855 of 3050

IC VIEW

In such a rapidly expanding global industry, some parts of the supply chain are always likely to come under pressure.

This has knocked confidence in renesola and injected realism into its share price.

Fairly priced at 199p. ENDS.

NET CASH $4.23m, in other words 2 million and burning. Are sola going to be calling for a fund raising?.

hlyeo98 - 10 Sep 2007 19:24 - 1856 of 3050

100p will be coming up...just be patient.

ptholden - 10 Sep 2007 21:09 - 1857 of 3050

'100p will be coming up' ?

Is this the same poster who told me I was a muppet for suggesting 250p when it was so much higher?

Talk abart mood swings, you going to send me another unsolicted email Hlyeo, I will save you the embarrassment of posting what you said, but it was funny at the time and even funnier now.

LMAO :))

hlyeo98 - 10 Sep 2007 21:35 - 1858 of 3050

Hey, I'm a realist now, pth. Haha!

goldfinger - 10 Sep 2007 23:01 - 1859 of 3050

150p on the cards first thing chaps.

kitos get the hell out, and that as as a freind.
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