Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

Renesola - want to see huge growth ? Look no further !! (SOLA)     

whatuwant - 21 Aug 2006 13:28

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

Chart.aspx?Provider=EODIntra&Code=SOLA&S

dealerdear - 27 May 2008 08:55 - 2494 of 3050

Hope you didn't short it.

Greyhound - 27 May 2008 08:59 - 2495 of 3050

Back in on the open for me.

hlyeo98 - 29 May 2008 21:46 - 2496 of 3050

I still think SOLA is rightful to sell at 660p. No regrets once you are in profit.

dealerdear - 29 May 2008 22:33 - 2497 of 3050

"SOLA is clearly a sell now at 575p"

Proved incorrect I feel. lol

As I said, this stock will do the opposite to what you expect.

R88AVE - 30 May 2008 16:02 - 2498 of 3050

The chart looks like its going to surpass the high time into next week. Good recovery in US and here. This sp seems to remain bullish.

ptholden - 30 May 2008 17:28 - 2499 of 3050

The chart has just made a lower high and looks destined to fall further to me. But WTFDIK? 660p now a key level for any further rally.

hlyeo98 - 30 May 2008 19:36 - 2500 of 3050

I think SOLA will head downwards but it may not be in a straight line as some people think.

R88AVE - 30 May 2008 22:06 - 2501 of 3050

Finished up nearly 7% in US so they still interested unlike UK PI's.

sivad - 31 May 2008 08:53 - 2502 of 3050

Only one way for Sola -UP!

cynic - 31 May 2008 12:46 - 2503 of 3050

i hope you don't really believe that!
Wall Street is currently much more likely to head south than north, so SOLA is unlikely to buck that trend, especially if NYMEX also continues to weaken

hlyeo98 - 01 Jun 2008 12:00 - 2504 of 3050

SOLA will be going south next week, I'm with u, cynic.

cynic - 02 Jun 2008 08:13 - 2505 of 3050

looks to me that if SOLA do not rally promptly (now barely 600), then continuing sharp fall must be short odds

hlyeo98 - 02 Jun 2008 08:22 - 2506 of 3050

SOLA is a good short now imo

halifax - 02 Jun 2008 08:45 - 2507 of 3050

RNS directors selling shares.

R88AVE - 02 Jun 2008 08:54 - 2508 of 3050

ADS sells has nothing to do with directors selling. ADS is American depositary shares. This is IMO is good news, they will need cash to fund for the expansion plans without having to go lender, therefore the margins/debts will be smaller.
This goes to show the demand from the company is rapidly growing. Dont forget the company recent result profits were triple year-year and have signed 6yr contract with possibly more to come.

sivad - 02 Jun 2008 09:58 - 2509 of 3050

A very wise move by Sola-reacting now to market requirements.
Simply not Director selles as we are led to believe.
Directors are selling shares probably on the cheap to ensure that the new issues are kept to a minimum.
Afterall the ADS they hold are a windfall.

8.5m additional ADS will not have a significant dilution issue on current company performance and Sola advisers have probably taken these factors in to account.
All in all a good time to undergo this exercise.

Business is booming and machinery has to be in place.Good forward planning without raising debt levels.

halifax - 02 Jun 2008 10:13 - 2510 of 3050

Seems to me whichever way you look at it the directors are cashing in.

sivad - 02 Jun 2008 10:21 - 2511 of 3050

Not simply cashing in as you put it.You make it sound as though they are acting with impropriety-which is simply not the case.

If they held on to their ADS they would in my opinion make a lot more money.

Remember certain investment houses are calling the ADS up to $40.

As I said before they are assisting the fundraising in the most appropriate way.

They have taken legal and financial advise.You simply just dont act on a whim in these situations

In my opinion they have acted correctly.

cynic - 02 Jun 2008 10:40 - 2512 of 3050

ADR!!
acting correctly and guessing a future price have nothing to do with each other!
certainly promoting the idea of a $40 sp while pushing to get the fundraising well-placed is tantamount to blatant touting - you are warned

R88AVE - 02 Jun 2008 11:15 - 2513 of 3050

So cynic would you short on something that is rapidly growing? If so it would be very short term.

You obviously dont trust this company do you? Its understandable at the early days when they were developing there were a few hiccups here and there which gives doubts and the sp was volitile. Looking at the recent results it looks to me the confident is sky high and sorted all nagging problems.

Whats is your fair price for this then, considering global warming issues etc?
Register now or login to post to this thread.