dealerdear
- 03 Dec 2009 11:45
- 2984 of 3050
I don't think it will be this side of Xmas though. Most hedge funds and the like have already packed-up and gone home for Xmas.
HARRYCAT
- 08 Dec 2009 08:42
- 2985 of 3050
On the move. 150p next stop???
dealerdear
- 08 Dec 2009 09:12
- 2986 of 3050
Unlikely unless the MM's open it at that level in the next few days which is possible.
There just isn't the volume to push it higher which becomes a self-fulfilling prophecy because everybody takes their profit immediately no matter how small which is why after the initial surge it has now dropped back to 132p.
I nearly bought in at 115p but would certainly have banked my profit by now. Tis a real problem in the market at the moment and will continue to be so until conditions change. Then I would expect this to rocket.
HARRYCAT
- 17 Dec 2009 08:29
- 2987 of 3050
Tiny volume but back up to the 148/155 level, on the back of a 8.8% bounce in the U.S.
dealerdear
- 17 Dec 2009 08:39
- 2988 of 3050
Seems only you and me watching this Harry. Interesting, was very tempted at 129p a few days ago but with the huge spread decided against it.
Where do you reckon now?
HARRYCAT
- 17 Dec 2009 08:49
- 2989 of 3050
7245 shares traded so far. That's what worries me.
Based on the U.S. chart, $6 looks to be a tricky resistance level, so that would represent 20% up from today's price. 20% on today's U.K. price would be 180p. That would be my target, perhaps based on thin logic though!
dealerdear
- 17 Dec 2009 09:08
- 2990 of 3050
I think I'm happy to sit and watch for the moment and wait for better market conditions.
daveknowsbest
- 21 Dec 2009 21:59
- 2991 of 3050
Up up and away. Alright guys? I got a good feeling about this one. New year should be a stormer!
HARRYCAT
- 23 Dec 2009 16:33
- 2992 of 3050
Finished at 156p, so another step in the right direction.
HARRYCAT
- 04 Jan 2010 20:45
- 2993 of 3050
SOL:US currently up 6%, so hoping for a good SOLA day on tuesday.
HARRYCAT
- 06 Jan 2010 14:22
- 2994 of 3050
Currently 174p. My target 200p.
HARRYCAT
- 07 Jan 2010 09:20
- 2995 of 3050
SOL:US up 11.8% 6th Jan to $5.8.
HARRYCAT
- 08 Jan 2010 08:22
- 2996 of 3050
Business Financial Newswire
"Solar power product specialist ReneSola is not proceeding with its acquisition of Dynamic Green Energy.
ReneSola and Dynamic Green, which operates through its wholly owned subsidiary Jiawei Solarchina and other Chinese operating subsidiaries, announced a share purchase agreement in September.
ReneSola agreed to acquire 100% of Dynamic Green, subject to customary closing conditions.
While the acquisition and share purchase agreement were approved by both companies' boards, the transaction has not been approved by local government agencies where an operating subsidiary of Jiawei is located.
According to the terms of an agreement between Jiawei and the local government, the sale of shares of Dynamic Green requires relevant government approvals.
Both companies agreed the the transaction could be terminated without penalty if Jiawei did not obtain the relevant government approvals by the end of 2009 "
dealerdear
- 08 Jan 2010 11:30
- 2997 of 3050
It's had a great rise Harry and I guess to an extent it will go where the market is going. At last PVCS (which I think has no debt and loads of cash) is starting to motor. I hold the latter.
cynic
- 08 Jan 2010 12:10
- 2998 of 3050
i reckon SOLA is best avoided ..... not only is it chinese, which prejudices me against it anyway, but their latest figures were poor and the above rns hardly inspires confidence
HARRYCAT
- 08 Jan 2010 12:51
- 2999 of 3050
Easy chart to read. What more can you ask for?
HARRYCAT
- 08 Jan 2010 13:30
- 3001 of 3050
.
cynic
- 08 Jan 2010 14:09
- 3002 of 3050
beginning to look a reasonable bet so to do
HARRYCAT
- 19 Jan 2010 16:22
- 3003 of 3050
Hope to see this bounce off the 200 DMA.
[Interestingly on the Bloomberg site for SOL:US they qoute the short interest on the stock amongst the fundamental data (Short Interest 1,968,297.000). Shame that data isn't generally available for the LSE stocks.]