Read the latest interims.......just make sure that you are sitting down.

not for several weeks but having done well from it, i watch it ...... not into Haike either!

A bit of a skid today - looks like April profit-taking?

SOLA Bid: 465p Offer: 470p Change: -19

Now bid 454, Offer 460p !!!
Bit of a skid was a slight understatement. :o)

Harry, I'm making sure I make use of my British understatement now I'm back in the country :o)

Besides which, it's very easy to be sanguine about misfortune when it's happening to other people!

I assume/hope you didn't get caught?

No. I still watch this one & play the bounces when I can, but will wait now to see if Cynic's forecast of a drop to 400p comes to reality. If the sp still continues to peak at 520p, then there is money to be made!

Results could be interesting when they come out.

i did not exactly forecast a drop to 400 and certainly not in a straight line ..... however, insofar as charts have value, especially with such recent companies as this, i said that the below 470(?) the next support did not kick in until 400

I appreciate you expressed an opinion, Cynic, not a prediction.
I realise your Guru status is still in it's infancy & therefore fallible. :o)

Solar wafers are off the menu now until after easter. This is where I boost the profits of Cadbury's, & possibly WMH with the boat race, F1, Boxing & the footy!!!

Harry ..... thanks for the promotion! ..... i have never set myself up as a guru, but merely a poor purveyor of occasional common sense and amateur reader of the entrails before they are splattered all over the ground.

Well, Ambrian have revised their price target to 455p.

Also, I hear SCSW has said take profits in both RCG and SOLA today, so you may find some pressure on the price come Tuesday open.

Interesting, PP. I was wondering if there might be a bit of downside risk at present. i have been out for a while anyway, so just watching from the sidelines.

glad to hear it soul* ..... if sp comes back to 400, certain people should be eating humble pie in the corner (unlikely though it is a racing cert they will go very quiet indeed), and i may just be tempted back in

My son is a 27 yr old officer in the Army leaving in Nov--07 and wants to go into the City. He needs to find out more about specific areas such as broking or trading so he can target his job hunting efforts. Can anyone help a bright and ambitious young man with a shadow day or advice? sorry o/t

very difficult to get work experience anywhere .... IG used to but I believe they have now stopped, but if ex army may prefer a more structured company ..... as usual, it's a cse of using contacts

Interesting looking chart from a short perspective, broken strong support at 480, not much at 440, 400 is the level to keep an eye on, falls through there, may well go as low as 240. Quite a good case for a head and shoulders pattern, although slightly skewed. One to keep an eye on.

nice to see someone else agreeing with my summation of this stock .... gets a bit boring being the only one to be sniped at!

I don't short very often Cynic, but from a TA perspective this stock might be a really good opportunity. Certainly think 400p is on the cards, so will cogitate whether to open a position. Can't believe anyone snipes at you anyway ;)

oh there are a couple who decry my views of common sense and/or possible sp moves .... i don't name names but no doubt said person will have his little prattle here in due course!

though i too think sp could well hit 400, am not strongly enough convinced to go short ... or at least not yet!

and for those who (totally wrongly) claim i deramp, especially SOLA, i just had a look back at page 1 of this thread which takes us back to August last year ..... "I am persuaded though not without a little trepidation .... done at 153" ...... since when i have traded this stock very profitably and never on a short a tack!

can't find my original charts, so here's a new one ..... sp has not only fallen sharply through 50 dma but, having tracked 25 dma for a little while, has now fallen sharply downwards from there too ..... even pushing through the bottom of the Bollinger Bands, though those are not something i usually follow .... at least rsi is now heading towards oversold




red = 25 dma
green = 50 dma