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

cynic
Crude prices are forcast to hit $150 this year-what will happen to Sola in the meantime?
My guess based on fundamentals to date is 10 per share-and with Sola it is only a guess.
I see today and yesterday as a pause for breath before the bull run continues.
Yes there will be an exit point-where it is noone knows.It is a personal decision.
I would not risk shorting here the moment.
You cannot comfortably short a stock where there are increased orders going forward,raw material sourced in a difficult market,cash available for investment,and every broker and his dog giving the thumbs up to the stock.
Listen to the conference call and you will be in no doubt.

Keep on adding at 692p...I think it will reach 800p soon.

i have not shorted, but the CEO, especially of a chinese company, is not going to stand up to say what a load of carp the company is ...... we leave that gerald ronson!

Something fishy about that last statement Mr C.

very unkind of you to start carping about a minor hypo, especially when it was intentional to hook the attention!

:-)

Morning.

Sharp fall and all of a sudden lots of buys gone through at 640p.

Glad I got out before this slump. Only should have sold the whole lot for PVCS, but that's the game!

Can't get any sort of quote

SOLA needs to see a US lead intraday reversal this afternoon or the so called 640p support is extactly what I predicted - tenuous at best.

For anyone wishing to use TA to their advantage, make sure you understand the underlying priciples; one of which is that a trend is not established until at least 3 tests and resistance / support only becomes exactly that when it has been tested on a number of occasions. IMHO two tests is not sufficient to prove the case.

Your point being? Continuing south?

dd

I'd rather be short than long now. A word of caution though, since the US took SOLA to their little hearts the SP has been very difficult to predict. What looks short in the morning suddenly becomes a US led long in the afternoon, demonstrated by some significant recent intra-day reversals.

But I'll stick by my own thoughts which is the retracement will continue to 460p, or perhaps somewhere between 460-500p. Probably not in a straight line, but I do think it will get there.

I have no position, just IMHO.

Made money in the past, not in at present and can already smell smouldering fingers if I get anywhere near it! lol

Bounced on the NYSE from a low of roughly 570p earlier, will be interesting to see if it's a daily DCB!

whats dcb

dead cat bounce :)

For info the small recovery in the US was accompanied by falling volumes on the 5min chart which would seem to suggest that the recovery will have no legs and to expect further falls this afternoon.

hoping for a better day tomorrow.

Looks very likely SOLA is a short now at 575p.

The problem with this stock is it will probably do the exact opposite of what we expect!