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

I think all Chinese stocks could be in for a rough ride come monday.

Will they not be exporting inflation to the rest of the world after these measures?.

i don't know .... all i do know, is that what often seems to be the case is actually not so

Ive gone in short again.

I have given an undertaking to Kitos to bury our differences on this stock so Ill keep to facts.

Surely solas margins which were under presure are more likely to fall even further now due to the new taxes and labour laws.

Cynic I know they have made provision in the accounts for a 12% tax charge but what rate of tax under the new law will they and other Chinese companys be paying?.

Any help appreciated.

the Chinese may have agreed to withdraw tax benefits, but you can bet your bottom dollar they will evade the issue through a different route ...... they're not going to give away market share and volumes just because Uncle Sam says so!

meanwhile, i am happy to stay short for the mo

Itl be difficult.

what will?

what you said.

just needs a bit of imagination and oriental guile

True.

Staying long here for the time being - if there's any growth left in the world, it's in China and India.

Fact not fiction (kitos) neutral item aswell....

TA expert Zak Mir as just posted this over the road at SC.....

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Zak Mir



Reged: 28/06/07
Posts: 95
Re: Renesola (SOLA)
#408989 - 04/12/07 11:42 AM Edit Reply Quote



having been a fan of the shares, it is good that there is a line of support running through 330p from August. This provides a buy point, but if that line goes we risk testing the lows under 250p again.

Cynic, looks like SOLA is going to defy gravity again. My short is losing now.

Renewables back in favour.

shut mine yesterday at 377.5, also for a loss ..... but that is the level i determined and made money elsewhere, primarily on indices yesterday

Yep I got out yesterday for a few grand loss. (fact kitos)

Still well up though on this one.

Looking to see if we get an xmas bounce as per the norm, but cant see these holding up come january, or the market in general.

Ive assembled a large war chest for a lot of shorts.

Facts are OK by me GF. You'll get it back. Always a fall-back on the cards.

GF .... i too think rough times are ahead ..... difficult to know where to target shorts, and the indices may be the easiest bet

Like g/f I have also sold most of my holdings including rnwh, (not a large warchest on the g/f scale) and will wait for large corrections in new year.

Like the look of a short in sola at some point, but I do like pvcs in this sector, checking them a little further today, but the balance sheet looks much stronger.

Strong rises and PVCS gets buy recs benefitting the whole sector.

don't short for now ..... certainly wait for 440 where sp hits 200 dma