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

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.

lost rather more back on the premature closing of my short ...... still, really shouldn't complain as made a bundle both long and short and can#'t call correctly all the time ...... now trying not to be tempted to re-open short!

I closed one of my shorts earlier in the week but keeping the other. Nothing much has changed and chart wise another nice time to get out if you're long and short if not.

This really does set them up for another profit warning, the management arent showing much experience, any failures and kaput........

Extracts from the rns yesterday.....

Four furnaces have successfully passed trial production and are now in full production.
- what do these contribute?

A further six furnaces are at different stages of trial production and are expected in full production by the end of September.
- Wait till October update to see if they meet this target

Trial production from a further five furnaces is expected to commence by the end of September.
- again, wait till October update.

Cyn, glad it arrived OK. I am out of SOLA now and have no comment to make, positive or negative.

Stop sitting on the fence kitos.

Can't get on the fence for you sitting there so long.