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

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

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.

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?.

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

'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 :))

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

150p on the cards first thing chaps.

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

GF, told you yesterday ... been out for quite a while. Made an excellent wad, but losing out on some others at the moment, but aren't we all.

Another push for test of 200p ballpark on the way by the looks of things.

Certainly does.

Looking very fragile.

Oh...it is going up now.

Wont last.

I here some are warning of a further profit warning.

Up 10% within 3 hours.

still down over last few days ...... sp hovering at 240 resistance/support with another at 260 if that breached ...... see no good reason to close my (profitable) short, which is a good hedge against continuing market volatility.

also note that sales seem to outnumber buys 10:7

Well, that's the 260p breached Cyn .... where to next.?
Hasten to add that I have no position now. Just hanging around.

Maybe 300p tomorrow.

Bought at 255p today...good timing.


ReneSola makes 'significant' progress in multicrystalline wafer production - AFX

LONDON (Thomson Financial) - ReneSola Ltd said it has made 'significant' progress in the implementation of multicrystalline wafer production with four furnaces having passed trial and now in full production.

The manufacturer of solar wafers for the photovoltaic industry said a further six furnaces are at different stages of trial production and are expected to be in full production by the end of September.

The company said wafers produced from the new multicrystalline furnaces have been tested by customers and have exceeded the required levels of energy conversion efficiency.

ReneSola said it will announce details of third-quarter production output in the first week of October.

TFN.newsdesk@thomson.com

tsm/bsd

KITOS .... don't know ..... will contemplate whether or not to close out with an acceptable loss or just hang fire .... serves me right for not taking the very respectable profit when it was on the table

knickers!
was a technical good boy and obeyed the discipline of cutting losses at 285 ..... sp now falling again ..... never mind

kitos ..... thanks for cheque .... only got it this morning as have been away for a few days

Just goes to show 4 furnaces doesnt make a company.

Kitos you now paying cynic for investment advice...........................lol.

Good win on the bet cynic.