cynic
- 22 Dec 2007 16:29
- 2109 of 3050
you may be right, but Wall Street boomed and First Solar, already a star performer, put on another 4/5% ..... not exactly the same line, but certainly the same sector - be careful
goldfinger
- 23 Dec 2007 09:23
- 2110 of 3050
Cheers cyners. On reflection this weekend it is getting a bit hot with this one, and I may close out at a loss. still Im well up in general with sola and im sure 2008 is going to be a real dog of a year for the company.
A rescue funding cant be that far away now.
oilyrag
- 24 Dec 2007 07:32
- 2111 of 3050
Merry xmas and happy new year everyone.
Greyhound
- 24 Dec 2007 09:42
- 2112 of 3050
Nice gains again, looks pretty robust for eeking higher to me.
cynic
- 29 Dec 2007 14:09
- 2113 of 3050
see post 2085 ..... expect a strong support to form shortly at around 420 where 25+50+200 dma will coincide
Greyhound
- 31 Dec 2007 09:56
- 2114 of 3050
Gradually back to the highs now I reckon here once we eventually break the 500p resistance.
Dil
- 31 Dec 2007 09:59
- 2115 of 3050
I closed too early , looks like my inverse head and shoulders call panned out as predicted.
Never mind still caught part of it.
cynic
- 31 Dec 2007 10:08
- 2116 of 3050
momentum certainly seems to be behind sp ..... GF - don't short at this time if you want to keep your shirt!
cynic
- 31 Dec 2007 15:21
- 2117 of 3050
FIRST SOLAR
shame one can't do much sensible on MAM with US stocks ...... this really is a cracker and i recommened anyone who has an interest in this sector to have a very good look at this one, albeit that is a serious heavyweight - currently $272.00.
have not bought yet as was hoping for a couple of weak days for the stock, but just not happening pro tem
GOOGLE
even heavier than above, and needs no intro.
currently $700.00 and pretty volatile
good stock both for trading and long term
goldfinger
- 01 Jan 2008 03:45
- 2118 of 3050
Cyners closed out as per my last post here 23/12/2007.
Still have it on the short watch list though. Its only speculators who are poofing it up. At sometime the fundies are going to catch it out and I dont think thats far away.
cheers mate.
Greyhound
- 02 Jan 2008 08:37
- 2119 of 3050
Clearing the congestion zone now and heading back to the highs. Growth in China looks likely to slip in 2008 but will still be a driving force compared to the rest of the world.
cynic
- 02 Jan 2008 08:47
- 2120 of 3050
sp now looking very healthy indeed with very good upward momentum.
not sure what will happen with world economies over the next year, but as i so often stress, the only important thing in share dealing is correctly calling whether a specific share will head north or south, the fundamentals often taking a poor second or even third place
Greyhound
- 02 Jan 2008 08:55
- 2121 of 3050
Think it's also getting pulled up by Jetion following big director buys. Agreed, more important to follow what's in vogue.
cynic
- 02 Jan 2008 11:57
- 2122 of 3050
have reflected on this, and if one accepts that the sector is the right one to be in, then i think PVCS is a better bet than SOLA ..... the latter scares me anyway, as i have a natural and well-publicised aversion to chinese controlled companies, and with good reason
cynic
- 02 Jan 2008 11:58
- 2123 of 3050
Greyhound
- 02 Jan 2008 12:44
- 2124 of 3050
I have a larger holding in PVCS than here, they have since announced too that trading is materially better than predicted.
goldfinger
- 04 Jan 2008 11:57
- 2125 of 3050
Dont often disagree with you cyners but cannot agree with this statement you made a couple of days ago as its news on fundies that more often or not that dictates the sp direction of a stock, and its the underlying value of a company in the long term which is either manipulated one way or the other to achieve a market balance. ......
"the only important thing in share dealing is correctly calling whether a specific share will head north or south, the fundamentals often taking a poor second or even third place" ENDS.
goldfinger
- 04 Jan 2008 11:58
- 2126 of 3050
Sola doesnt seem to be able to get over 5 whats the TAers analysis of this please?.
cynic
- 04 Jan 2008 12:17
- 2127 of 3050
not sure about upside resistance, though round numbers(500) are often difficult .... however, downside looks limited to about 440 where there may be quite a lot of support - see chart
Greyhound
- 04 Jan 2008 12:21
- 2128 of 3050
Reasonable to expect congesion around the 470-540p area as experienced in H107.