sivad
- 25 Jun 2009 10:07
- 2877 of 3050
Sola will continue to move up over the long term.
Its a quality stock run by top people well versed in the solar field.
This could be 6 in a matter of weeks.
Last year it rose from mid 2 to 6 in a very short space of time.
HARRYCAT
- 25 Jun 2009 10:17
- 2878 of 3050
You may well be right, but many on this board just trade the stock. Long term investment in chinese companies is not without it's risks. The graph is also one of the easiest to read, so in troubled times, locking in weekly profit (hopefully) has it's attractions.
HARRYCAT
- 02 Jul 2009 09:14
- 2879 of 3050
Sideways trading at the moment, but will be interesting to see what happens when the 200 DMA turns upwards. Would still be short at the moment though.
sivad
- 02 Jul 2009 09:53
- 2880 of 3050
Disagree harry-I will be going long again-always back against the 200DMA
hlyeo98
- 03 Jul 2009 08:04
- 2881 of 3050
SOLA will move downwards within the next 4 weeks.
HARRYCAT
- 03 Jul 2009 08:13
- 2882 of 3050
I think that comment is going to get punished, hlyeo! Brace yourself! ;o)
blackdown
- 03 Jul 2009 08:14
- 2883 of 3050
I confidently predict that will go up, or maybe down, or maybe remain unchanged.
hlyeo98
- 03 Jul 2009 08:20
- 2884 of 3050
We will see, Harry.
HARRYCAT
- 07 Jul 2009 11:16
- 2885 of 3050
Approaching the 200 DMA. Looking for a nice bounce up from 140/145p level.
(I think you got off lightly there, hlyeo! ;o) )
hlyeo98
- 07 Jul 2009 11:51
- 2886 of 3050
Shorted from 205p so I'm not that jittery, now 157p, Harry.
sivad
- 07 Jul 2009 11:54
- 2887 of 3050
hlyeo -have look at the below-dont get caught short when the Big Boys are opening call positions.
"ReneSola Ltd. Targeted by a Ratio Calendar Spread
7/6/2009 2:31 PM
Keywords: SOL
Solar wafer manufacturer ReneSola Ltd. (SOL: sentiment, chart, options) has been targeted by a sizable calendar spread today. At about 1:41 Eastern time, a block of 14,888 SOL calls changed hands on the American Stock Exchange (AMEX) at the July 7.50 strike for the bid price of $0.05. Simultaneously, two blocks totaling 7,733 contracts traded on SOL's August 7.50 strike for the ask price of $0.35.
The result is a ratio calendar spread on SOL, with a total outlay of $196,215. The maximum return on this position is realized if SOL rallies to the seven level by the time the options expire on July 17. Overall, this is a pretty bullish bet on SOL, as the shares are currently trading just south of $5 per share.
hlyeo98
- 07 Jul 2009 12:42
- 2888 of 3050
I would only take this article with a pinch of salt. It seems some broker just think this is a bullish bet, that's all. But SOLA's profitability is very much in question now.
sivad
- 07 Jul 2009 12:48
- 2889 of 3050
hlyeo-have another look athe link-certainly not a bullshit bet-more a case of solid fact.
http://www.schaeffersresearch.com/commentary/optionbytes.aspx?byteID=93921&single=true
HARRYCAT
- 08 Jul 2009 14:46
- 2890 of 3050
Support on the 200 DMA or the historic 140p level? Failing that....... hard to say imo.
hlyeo98
- 08 Jul 2009 15:33
- 2891 of 3050
Sivad, I told you yesterday such articles are worthless. don't waste your time reading them.
hlyeo98
- 08 Jul 2009 16:24
- 2892 of 3050
Harry, didn't I tell you so? And the other thing is your 140p support will be broken with ease. Brace yourself. ;o)
HARRYCAT
- 08 Jul 2009 17:11
- 2893 of 3050
Where to now then, hlyeo? I am waiting for a good entry level (long)! 100p?
hlyeo98
- 08 Jul 2009 17:22
- 2894 of 3050
I think about 100-120p.
jkd
- 08 Jul 2009 19:21
- 2895 of 3050
HC
take no notice of h98 seems everyone on this board has same opinion. personally, and i have stated my opinion on this before, when our Grim Reaper appears on our thread then beware. no one likes him, little wonder all send him away with all sorts of excuses and reasons. fact is fact, must confess i hav'nt done homework but just have sort of feeling that he is usually more often right than wrong,
h98 is good for this board. right or wrong it dont matter, alternative views are always good,
regards
jkd
HARRYCAT
- 08 Jul 2009 20:59
- 2896 of 3050
jkd, your comment "no one likes him" is inaccurate. A certain number of self opinionated individuals who cannot understand that a bulletin board is for all to express their opinions, good or bad, particularly when someone is going against the trend.
I have no idea who hlyeo is & therefore I cannot & do not form an opinion just because he (I assume) shorts stocks.
In the case of SOLA he has correctly taken the stance that the sp would decline & he thinks it is likely to continue to do so.
SOLA has been a good earner for me in the past (trading the shares) & anyone who can shed light on a good entry point is welcome to express an opinion.
I'll go & have a sit down now after all that!!! ;o)