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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

HARRYCAT - 05 Sep 2008 14:50 - 2687 of 3050

I expect it to break through the 200 DMA, so am prepared to watch for the moment. Dangerous buying now & hoping for a bounce. Where's pth when you need him? ;o)

cynic - 05 Sep 2008 15:37 - 2688 of 3050

farting around in the hot sunshine in M/E!

goldfinger - 05 Sep 2008 17:28 - 2689 of 3050

Hi chaps, back from 3 months hols this next monday.

Opened a short in sola at 486p so not doing so bad.

Cyners can you believe it i opened a long in it aswel during the summer and made a few bob profit. In and out from now on for me.

Sees ya all monday.

HARRYCAT - 05 Sep 2008 21:08 - 2690 of 3050

Suggest you change your profile then otherwise we won't know what to believe!

goldfinger - 06 Sep 2008 03:13 - 2691 of 3050

Have done HC.

cynic - 06 Sep 2008 08:18 - 2692 of 3050

SOLA will open stronger in London on Monday as Wall Street recovered and closed with at least a modest gain ...... FTSE indications at NY close were for an opening on Monday of +80, though of course this will probably change over the w/e, though not necessarily for the worse ...... this takes me back to the point i have made a few times about switching between London SOLA and NY SOL (Sola ADRs)

ptholden - 06 Sep 2008 18:10 - 2693 of 3050

Harry, catching falling knives springs to mind! I should say that the biggest losses are made by getting in too early (as are the biggest profits) I've read somewhere that the safe money is by waiting for confirmation of a trend and trading the middle third.

There should certainly be significant support at the 400p level, not only from the obvious longer term uptrend support, but there is also a less obvious downtrend which intersects in the same area. In other words this is quite a crucial area for the short to medium SP movement. I can't really see much in the indicators to suggest a reversal, but then it isn't always (if ever) clear cut. It does appear that the latest fall is linked with lower than average volume which suggests that the fall is nervous sellers bailing out in a generally falling market rather than holders abandoning SOLA with company performance concerns. I would agree with Cynic, if the markets recover so will SOLA, so it's all down to determing the overall sentiment.

cynic - 06 Sep 2008 18:14 - 2694 of 3050

however, beware of getting suckered by a bounce, or put another way, stay watchful and nimble, as it is unlikely to be long-lived - something at which i am total crap!

required field - 07 Sep 2008 11:39 - 2695 of 3050

The market is just terrible at the moment.....my portfolio is a sea of red....but I'm going to have to sit through it all and hopefully come out the other end intact....sold many stocks but made the mistake of not selling everything....hoping for a rebound soon !.

HARRYCAT - 07 Sep 2008 12:30 - 2696 of 3050

Depends on whether you held on to stocks which still pay a divi.
I still hold BG. & BLT which are both showing red, but at least they will generate an income, so selling everything isn't necessarily the best solution.

cynic - 08 Sep 2008 08:49 - 2697 of 3050

worth watching this one today with a potential view of buying ahead of NY open

HARRYCAT - 08 Sep 2008 08:53 - 2698 of 3050

Good point.
Too early yet to take a any notice, but DOW futures currently +222 !

cynic - 08 Sep 2008 08:57 - 2699 of 3050

banked half my Dow profits .... spread on SOLA is currently 10p which is nuts ..... may get on to market to see if i can deal well inside

ptholden - 08 Sep 2008 08:59 - 2700 of 3050

Fow whatever reason, support in the 400p region has held, at least for now :)

cynic - 08 Sep 2008 09:05 - 2701 of 3050

morning guv .... was merely thinking of a quick trade

hlyeo98 - 08 Sep 2008 18:03 - 2702 of 3050

SOLA in my opinion won't hold out for long

HARRYCAT - 08 Sep 2008 19:01 - 2703 of 3050

SOL U.S. didn't bounce up as expected. Currently down 4%.
Interesting to see if SOLA follows tues.

cynic - 08 Sep 2008 19:51 - 2704 of 3050

inevitably so

dealerdear - 09 Sep 2008 15:11 - 2705 of 3050

Did you say you went long on this Cynic?

cynic - 09 Sep 2008 15:39 - 2706 of 3050

yes, but cut
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