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

Short going very well, this looks like we have further to fall.

Results last year late April so theres a good chance that we may see further falls.

Could it be that the support at 260p has finally been breached?.

Personally I don't think there ever was support at 260p. Refer to the last chart I posted, somewhere in the region of 200p was always the target.

hi peter ..... no doubt you warmer than we are!

Cheers PTH i feel better for that.

http://biz.yahoo.com/ap/080303/asia_adrs_in_focus.html?.v=1

ADRs in Focus: LDK Solar Shares Fall

Monday March 3, 4:19 pm ET

ADRs of Solar Cell Maker LDK Solar Slide After Analyst Cuts Target and Profit Estimates

NEW YORK (AP) -- U.S.-traded shares of China-based solar cell maker LDK Solar Co. dropped Monday after a Goldman Sachs analyst cut her share price target, saying higher material costs will reduce LDK's profits.

Cheryl Tang lowered her price target to $28 per share from $33, and forecast smaller profits in 2008 and 2009. She said LDK's increasing solar wafer production will not make up for the rising cost of polysilicon -- a key material used in solar cell manufacturing -- and as a result, the company's profit margins will decline.

She said LDK will experience lower sale prices in the first quarter of 2008 because it is filling orders with predetermined prices. Over the next two years, Tang said LDK will not collect enough revenue to make up for its rising spending.

Tang kept a "Neutral" rating on LDK shares.

A Barron's article also cast doubt on the quality of LDK's polysilicon inventory, backing an allegation made by the company's former controller in October.

LDK stock fell $2.70, or 9.5 percent, to close at $25.88. LDK trades as ADRs, or American Depositary Receipts, which are securities that allow U.S. investors to trade shares of companies based overseas.

The Bank of New York Asia ADR index slipped 0.29 points to 154.10, and the bank's China index gave up 1.13 points to 480.71.

Indeed Richard, a very pleasant 27-30 degrees with low humidity and a nice breeze :)) Looks like playing the Emirates is a near cert although shuddering somewhat at the green fees, will be an expensive day.

unusual to have very low humidity ..... don't be surprised if you putt straight off the green!

Lack of humidity is down to 'not there yet, but somewhere else'. Arrive next week

Short still going nicely.

took my profit a few days ago, but shall consider re-shorting

Cyners be quick or youl be missing the boat. remember though results out on the 19th i think.

got back in (short!) on friday ..... also WPP
have small short on FTSE from friday night too
suspect i have rather missed out on DOO .... could have sold at 57 this morning but dithered

almost feel like selling almost all long postions, but that would be very foolish.
even though the markets are grim indeed, and may even be heading a long way south, there will still be some strong upward days

I can't access my own chart software at the moment (loafing in the Middle East sun) but it would appear that SOLA has more or less slid down the trendline I identified in post 2221. With a current SP of 232p (at the time of posting) I think any shorters should be keeping a very close eye on their positions. Somewhere in the region of 200-220p will perhaps provide support and although I haven't looked at any indicators, I would think most must be approaching oversold.

DYOR etc etc

pth

unless i have misread, SOLA ADRs suffered quite a heavy sell-of after London close

China Solar stocks hammered after this went out in the USA ????? ;)

http://www.washingtonpost.com/wp-dyn/content/article/2008/03/08/AR2008030802595.html

despite a truly massive rise on Dow and a further 100+ point rise in London, SOLA has easily pulled pulled back from its early high of 224 to 217

Some news in the offing, perhaps...?

Financial Results on March 19

sure glad i banked my (short) profit last night