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

Now Cyn, don't you go ruffling feathers you bad boy.

moi?

Cynic I think my bad grammer as let me down on my original post and you have misinterpreted my future actions. 588p being the bond redemption price and when 10% of the whole company is up for possible dilution.

Appologies.

Looking at JTC with a possible short.

Not in that one are you Kitos?.

if the company report falling margins come results day the market will take it as a profit warning given this from the last results.....

"We have taken further steps to address the issue of increasing raw material
prices, which resulted in pressure on margins during the second quarter,
through implementing cost reduction measures and increasing and diversifying
our sources of silicon feedstock.ENDS.

Its there in black and white and he (ceo) added to it by saying tolling agreements would be increased and this in turn would stop margin errosion.

Keep 'em coming GF ......

JTC ...... ?........no mate, not in there.........Not JT Cods outfit is it ?. LOL.

Looks like SOLA is on the rise again...maybe it is the time to buy in now at 430p.

Go on then ;)

Hlyeo98 as results are due soon it could prove to be a bad decision.

For what its worth I see a lot deserting before results. (short term speculators)

Good luck on your decision.

Double Top maybe, could be good for a 80-100pt short, also trying to push through a falling trendline established in June. Haven't looked but I daresay most of the indicators will be calling for a 'rest'.

DYOR

Thanks gf and pth for the advice

More convinced than ever that SOLA is shaping up for a short - why?

1. Negative divergence on the MACD (lower high)
2. Strong possibility of a 'top failure swing' on the RSI - the RSI is in overbought territory.
3. Double top
4. Hitting historical SP resistance
5. Hitting falling trendline resistance

Probably better to wait for confirmation before taking a position, but he who dares Rodney :) DYOR etc.

pth

" Probably better to wait for confirmation before taking a position "

Why wait pth, if you have so much belief in your charting skills.?

Because Kits dear chap all of the above are potential signals not confirmed signals. But anyway who said I was going to wait? :-P

pth

and equally, no one has ever claimed that charts and similar were other than indicators, which over time have proved more often right than wrong ...... if they were otherwise, there would not be such a strong body of followers

Having read the comments both here and on the GTL thread I think it is important to state why I said:

" Probably better to wait for confirmation before taking a position "

A basic principle (and probably the most important) of TA is follow the trend, picking tops and bottoms is a dangerous sport, obviously by shorting SOLA at the moment is trading against the current trend. Having said that, spotting the right entry reaps the greatest rewards.

pth

Morning Cyn, How you faring Mate.?

Wish we could get it right once in a while pth. Put all my SOLA gains into WCC which is doing very for me, but I am well down in JHL, which I really thought would do well. Ugh.!!

Still, if you 'aint in, then you can't win.

Don't worry pth, I was looking to invest in sola and others in sector for the longer time. Still looking into fundamentals and will proberbly delay entry on a pull back in sp.(hopefully) Would only ever go short on a stock if the story had changed or negative news flow.

hi kit .... currently in dubai on biz but back in nuk tomorrow evening .... no ps at mo in SOLA but continue to watch ...... portfolio doing very nicely, especially IEC POG TIO and NRK (short) ...... imo, markets are def overdue a (significant) fall so watch for Dow to hit 14250 and very def if it hits 14440 ..... shall then be shorting there!

Possibly jumped the gun this morning with a very conservative short at 450.