cynic
- 05 Nov 2007 18:07
- 1951 of 3050
SOLA has been remarkably strong over the lst week, though today has seen a change in fortunes ..... no obvious reason, and would only be rationalising if i suggested a slightly stronger $ or even some peeps being obliged or feeling it wise to liquidate some positions.
goldfinger
- 08 Nov 2007 10:31
- 1952 of 3050
My shorts well in the money now.
Bad results and we really will have take off.
cynic
- 08 Nov 2007 10:47
- 1953 of 3050
i am short too at 472, so also nicely in the money ..... nevertheless sp remains remarkably resilient
goldfinger
- 08 Nov 2007 11:06
- 1954 of 3050
Yep but cynic theres a lot more bad news to come out of the US. And dont forget its got a very high beta.
This is going to lead us into a full blown bear imho.
Anything but remarkable results way outstripping forecasts will lead to sola taking one hell of a plunge. The balance sheet is a total mess.
Best of luck mate, not posting as much at the moment due to business comitments.
cynic
- 08 Nov 2007 11:32
- 1955 of 3050
US news is not strictly relevant ..... i suspect SOLA remains firm because much or even most of their revenue is in Chinese Yuan
Greyhound
- 09 Nov 2007 08:51
- 1956 of 3050
I'm happy to stay long here for the time being.
cynic
- 09 Nov 2007 09:04
- 1957 of 3050
and i am moderately happy to be short ..... at least it's sufficiently in the money to pay for dinner for 2 at say Waterside with enough for dinner at local Indian to spare
Greyhound
- 09 Nov 2007 09:07
- 1958 of 3050
As long as it's enough to pick up the drinks tab too ;)
cynic
- 09 Nov 2007 09:25
- 1959 of 3050
i always include some respectable wine ...... tips are already added by these establishments! ...... in truth, have yet to have a decent (i.e. memorable or even value for money) meal at Waterside and Fat Duck I avoid ..... but that's another story
goldfinger
- 09 Nov 2007 13:09
- 1961 of 3050
yep 400p looks on the cards.
US futures taking an hit I see from the front page here.
cynic
- 12 Nov 2007 08:33
- 1962 of 3050
sp now nudging 25 dma support ..... markets are quite firm, but will it hold?
Falcothou
- 12 Nov 2007 08:42
- 1963 of 3050
China and Hang Seng came off just under 4% as well
goldfinger
- 12 Nov 2007 13:35
- 1966 of 3050
Lubbly jubbly, this is just bliss.
More falls to come i expect.
cynic
- 12 Nov 2007 15:54
- 1967 of 3050
some people say, "Good old Renesola" meaning one thing, and others another!
cynic
- 13 Nov 2007 09:28
- 1968 of 3050
360 or even 350 looks to be the next support, but as i keep saying, nothing falls or rises in a straight line
goldfinger
- 13 Nov 2007 13:03
- 1969 of 3050
I agree wityh you cynic, keep bringing them on.
Loads err money.
hlyeo98
- 13 Nov 2007 13:05
- 1970 of 3050
This will go down to 300p?