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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

dealerdear - 20 Aug 2009 08:39 - 2960 of 3050

been sitting in AMUR (up 130%) ; SOLA (up 22% resistance at 180p) and YELL.
Just sold all 3. It could be said I've had a good morning... for a change!

ptholden - 20 Aug 2009 22:12 - 2961 of 3050

Interestingly the news about the letter of intent had been in the public domain for a couple of days. I suppose the rise is more due to the broker upgrade.

maestro - 21 Aug 2009 06:42 - 2962 of 3050

this will be back to 500p before you know it..not many shares and tightly held

hondaman - 21 Aug 2009 08:09 - 2963 of 3050

agreed 5 year end which is only a few months away!

hondaman - 21 Aug 2009 12:23 - 2964 of 3050

3.50 should be next stop!

cynic - 21 Aug 2009 12:36 - 2965 of 3050

230 if you're lucky - see below

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

maestro - 21 Aug 2009 15:35 - 2966 of 3050

fuck it...tanking..bloody j boy crooks!

halifax - 21 Aug 2009 15:38 - 2967 of 3050

sola stocks hit in the US.

cynic - 21 Aug 2009 16:16 - 2968 of 3050

behave yourself maestro or you'll find yourself keeping company with the shoket

required field - 21 Aug 2009 16:31 - 2969 of 3050

I have never ever bought this one...incredibly unpredictable....must have another look at this during the weekend.

cynic - 21 Aug 2009 16:41 - 2970 of 3050

it's a bit of a flake, but it's not too bad trading off the chart ..... PTH is much brighter than me on these things - i just use very basic MDAs and similar as indicators

Falcothou - 24 Aug 2009 07:41 - 2971 of 3050

http://www.telegraph.co.uk/finance/comment/6077374/China-powers-ahead-as-it-seizes-the-green-energy-crown-from-Europe.html
Quite a bit in moneyweek re. competition

hondaman - 25 Aug 2009 10:55 - 2972 of 3050

China proposes guaranteed renewables market-Xinhua
Tue Aug 25, 2009 1:32am EDT

China legislators seen mulling renewables fund

Monday, 24 Aug 2009 07:35am EDT Featured Broker sponsored link

BEIJING, Aug 25 (Reuters) - Chinese lawmakers have proposed draft legislation that would establish state guarantees for the purchase of renewable energy production, Xinhua reported late on Monday.

The draft amendment to China's Renewable Energy Law, would, if approved, guarantee the direct purchase by the central government of an annual minimum of renewable energy for the state electricity grid, according to the Xinhua report issued The report did not provide any timetable or details for the legislation.

China is preparing a renewable energy stimulus package, and plans to raise the proportion of renewable energy to 15 percent of total energy consumption by 2020.

Currently, the buying of energy from renewable sources is left to state grids to negotiate with power producers.

The guarantees should benefit renewable energy companies including Suntech Power (STP.N), Trina Solar (TSL.N) and ReneSola (SOLA.L). Wind firms Sinovel Wind, Goldwind Science and Technology (002202.SZ) and Dongfang Electric (600875.SS) (1072.HK) would also be potential beneficiaries

The announcement comes after the news agency reported that lawmakers were discussing a new fund to develop renewable energy technologies. [ID:nPEK374521]

The fund would be financed in part by surcharges levied on renewable energy prices, and would be used to support scientific and technological research, it said.

China's renewable energy stimulus package is expected to raise its solar power generation target for 2020 at least fivefold, although it will remain a much smaller player in China's power mix than wind and nuclear sources.


http://www.reuters.com/article/rbssSemiconductors/idUSPEK24136120090825

HARRYCAT - 05 Oct 2009 10:05 - 2973 of 3050

Good historical support at the 140p level, which is also the current 200 DMA level.
Am hoping for a nice bounce.

cynic - 05 Oct 2009 10:15 - 2974 of 3050

certainly has some logic ..... do you have L2, as that way you can set an entry price very easily and also edit same as you wish?

HARRYCAT - 05 Oct 2009 10:46 - 2975 of 3050

No. But can set a limit buy on the system with Selftrade. Just a matter of picking a realistic buy price. Not very scientific but all I have to work with atm.

dealerdear - 16 Oct 2009 15:35 - 2976 of 3050

Anybody any idea why the sola stocks (SOLA; PVCS) have not taken part in the rally at all and don't look as though they are going to move?

halifax - 16 Oct 2009 15:50 - 2977 of 3050

Demand falling away due to the crunch, people realise solar and other so called alternative energy sources are very expensive unless subsidised by governments (taxpayers).

dealerdear - 16 Oct 2009 15:54 - 2978 of 3050

Thanks. Seems like a good theory. Did you eventually buy?

halifax - 16 Oct 2009 16:00 - 2979 of 3050

Waiting ... watching PVCS nearer to home and has a known track record.
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