cynic
- 08 Jul 2009 21:18
- 2897 of 3050
many don't like me either, so i'll go in the garden and eat worms ..... boo hoo!
jkd
- 08 Jul 2009 22:01
- 2898 of 3050
HC
my apologies, you are quite right to correct me. i should have suggested that many do not like him, rather than say that no one likes him. i stand corrected and i thank you.
regards and good luck to you.
jkd
ptholden
- 08 Jul 2009 22:20
- 2899 of 3050
Whether posters like Hyleo or not is not really the point. Personally I am entirely ambivalent. However, my opinion with regard to his stock picking skills and fundamental and/or TA knowledge is entirely un-ambivalent (if there is such a word).
Anyone can post on a board that a stock will go down or up, after all there is a 50-50 chance of being correct. I can find many threads where Hyleo has pontificated without reason and been totally incorrect (this thread is a fine example - he only posted a few days ago SOLA will go down tomorrow - actually it wnet up) He has now widened his prophetic scope by stating it will go down during the next four weeks. Quite frankly such comments are a complete joke and of no help to anyone.
He also has his alter ego - JUSTYI, and has even been caught talking to himself, congratualting himself on how clever he was. Quite frankly the guy (woman) is a waste of space.
Let's be honest he was calling everything short during the crash and my cat could have done as well with his paw. EVERYTHING went down during the crash with very few exceptions.
For my own part, I have the unrealistic expectation that BBs are to help others and I will continue to post TA or comments where I can and hopefully divert the unwary from following idiots, rampers and pump and dumpers. Hyleo falls into the idiot category.
FWIW SOLA is now sitting on significant support, I would expect it to bounce, if it doesn't 100p looks on the cards.
HARRYCAT
- 08 Jul 2009 22:24
- 2900 of 3050
I had a feeling his post #2881 would come back & bite him! ;o)
jkd
- 08 Jul 2009 22:53
- 2901 of 3050
i like him, but then i havnt done my homework.
regards
jkd
ptholden
- 08 Jul 2009 23:50
- 2902 of 3050
I can't draw lines on this chart but some observations:
1. There is positive divergence on both the MACD and RSI, by which I mean the SP remains in an uptrend whilst the indicators are in a downtrend.
2. There is SP support at 140p which was previously resistance on three occasions.
3. Thers is trend support at 140p.
4. If the SP does recover there will likely be a true Golden Cross, ie, the 50MA will cross above the 200MA whilst both are rising.
Having siad all that, a brave man to go long tomorrow on the current performance. Volumes are low and SOLA looks unloved to say the least. Incidentally the US SOL followed UK SOL and closed at an equivalent price of 144p (down 8%).
DYOR
hlyeo98
- 09 Jul 2009 07:34
- 2903 of 3050
I certainly don't give the s**t whether you guys like me or not.
Some lengthy comments above just sit on the fence, oh...it would bounce up or failing that it would go to 100p...any jerk can comment that understatement.
I'm not running a popularity campaign to become the President of MoneyAm Forum.
My main aim here is to cash the dosh. ;-)
cynic
- 09 Jul 2009 07:55
- 2904 of 3050
i confess i do find some of your alleged trade timings a bit too good to be true or even madoffian, so it's a good job that you aren't (overtly) jewish too - lol!
Toya
- 09 Jul 2009 08:06
- 2905 of 3050
Thanks PTH for your analysis
cynic
- 09 Jul 2009 08:11
- 2906 of 3050
god morning ms t ..... why are you not doing your yoga or whatever?
ptholden
- 09 Jul 2009 09:20
- 2907 of 3050
Hyleo, the reason I give the alternative scenario is to give both sides of the story, I have no wish to encourage others to catch falling knives. If you engage your other brain cell you can work out what I think. Have a nice day :)
good morning Toya and Ricardo, hope you are both well
cynic
- 09 Jul 2009 09:24
- 2908 of 3050
good morning Peter ..... can't you find a berth in sunnier climes, or are you awaiting the onset of winter for that?
ptholden
- 09 Jul 2009 09:53
- 2909 of 3050
Enjoying a summer of golf old chap, work can wait until the onset of winter :)
cynic
- 09 Jul 2009 10:02
- 2910 of 3050
how are you playing? ...... for my sins, i got cut 1.7 in one hit the other week
ptholden
- 09 Jul 2009 10:08
- 2911 of 3050
All in all, rubbish. Had a lesson on Monday with the pro. He made a few adjustments and after 10 good strikes with a 6 iron said 'i'm officially bored now, lets do something else'! Naturally when out on the course the next day couldn't hit the ball to save my life, very frustrating :(
Well done on the cut, must have been a really good round!
cynic
- 09 Jul 2009 10:17
- 2912 of 3050
practice, practice, practice
hlyeo98
- 09 Jul 2009 12:42
- 2913 of 3050
SOLA won't stay at this level for long... it would slide
ptholden
- 09 Jul 2009 14:59
- 2914 of 3050
Chinese SOL AR Stocks Struggling
Interesting read. Note SOL up about 6% in the US this afternoon (at the time of posting).
Incidentally 35% is more or less a Fib number. Make of it what you will.
ptholden
- 13 Jul 2009 18:33
- 2915 of 3050
Dated 10 July 2009
Oppenheimer & Co. upgrades ReneSola (NYSE:SOL) from Perform to Outperform, and issues a price target of $7.
Oppenheimer analysts expect pressure on the pricing of SOL's products will ease in the near term. This will lead to higher profit margin in 2009. The analysts also believe ReneSola's strategy of vertical integration will potentially pay off and became a catalyst for the company's business.
The analysts note investors' expectattions are very low for SOL's strategy to produce polysilicon internally. They believe this means the downside risk is limited. They upgrade SOL primarily based on their increased revenue and EPS estimates for 2010.
ptholden
- 14 Jul 2009 21:07
- 2916 of 3050
SOLA bouncing from trendline support quite nicely over the last few trading days.
See previous post and today's announcement for the rationale.
PS. It's all in the charts donchaknow :)
Dated 14 July 2009
ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL - News; AIM: SOLA), a leading global manufacturer of solar wafers, today announced that it has successfully commenced trial production on the first batch of polysilicon from Phase 1 of its two-phase, 3,000 metric tonne ("MT") annualized capacity polysilicon manufacturing facility located in China's Sichuan province.
"The launch of our in-house polysilicon manufacturing facility represents another exciting strategic milestone for ReneSola," commented Mr. Xianshou Li, ReneSola's chief executive officer. "As an integral part of our vertical integration strategy, this state-of-the-art facility is designed to enhance our competitiveness as we benefit from cost synergies associated with upstream integration. The production output from this new facility will provide us with a stable, cost-effective flow of polysilicon as we strengthen our position as one of the world's leading, low-cost, fully integrated solar companies."
ReneSola's two-phase, 3,000 MT annualized capacity polysilicon manufacturing facility utilizes the Siemens process and a closed loop system to produce polysilicon. Phase 2 of the facility, representing approximately 1,500 MT annualized capacity, is scheduled to reach mechanical completion in September 2009.