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.]
cynic
- 19 Jan 2010 16:33
- 3004 of 3050
that would be at 150
goldfinger
- 19 Jan 2010 17:16
- 3005 of 3050
Harry, figure from euro clear at end of December.......
VGG7500C1068 RENESOLA LTD DI 104989.59 20026241.63 0.52
0.52% only on loan.
Try previous month now.......
VGG7500C1068 RENESOLA LTD DI 73940.57 19718166.42 0.37
less at 0.37%.
Would have thought these figures would be a lot higher but lost touch with the stock.
cheers.
hlyeo98
- 22 Jan 2010 15:41
- 3006 of 3050
SELL SOLA. It has been persistently dropping.
HARRYCAT
- 22 Jan 2010 16:38
- 3007 of 3050
I have done. I rode the uptrend & bailed out. Pity I don't short stocks!