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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

Dil - 05 Dec 2006 23:18 - 341 of 3050

No that was directed at hyleo not you GF except last question.

Just wondered if you got back in.

Dil - 05 Dec 2006 23:19 - 342 of 3050

Unless of course your hyleo.

lanayel - 06 Dec 2006 08:19 - 343 of 3050

The rise continues to over 440p !!!!!!!!!!!

Extraordinary performance and one occasion where the Bulletin Boards were miles ahead of the professionals.

Ian

Dil - 06 Dec 2006 08:25 - 344 of 3050

I'm out again , good luck all.

cynic - 06 Dec 2006 08:47 - 345 of 3050

is sp now entering land of fantasy? ...... great fear, at least for short term, is that profit takers will cause the price to plummet (relatively) .... a trailing stop could well be prudent, though if sp falls far enough (how far?), then that could also be deemed a new and sensible buying opportunity

soul traders - 06 Dec 2006 09:16 - 346 of 3050

Can't believe I sold so much of my stake just before this incredible rise. Boo-hoo, woe is me, etc.

Still, the stuff I have left in is worth three times what I paid for it :o)

SOLA Bid: 438p Offer: 440p Change: 45

cynic - 06 Dec 2006 09:37 - 347 of 3050

SOUL* ..... no one ever went broke taking a profit ...... which is what I have now done (430) ...... imo, the odds are much shorter on a reaction than on a continuing surge, but shall be watching closely with a view to buying back

fortitude18 - 06 Dec 2006 10:03 - 348 of 3050

this is getting silly now but a superb merdium term buy. Lemmings and SCSW called this with unnerving accuracy.

10 this time nest year is easily achievable but current mcap @ $860M is way ahead of itself

f18

soul traders - 06 Dec 2006 10:10 - 349 of 3050

Good morning Cynic - very true. Congratulations on getting pretty much a three-bagger on your profit-taking.

Yep, short-term there may well be a bit of profit-taking - we're already well off the day's highs - but I am sure the SP has legs yet and look forward to what the next few months will bring.

soul traders - 06 Dec 2006 12:05 - 350 of 3050

Back up near the highs; 3.5 mil traded today; SP up 50% in two days:

SOLA Bid: 442p Offer: 449p Change: 51.5

pma68 - 06 Dec 2006 12:43 - 351 of 3050

This might have some bearing on the share price as well.

LONDON (AFX) - Renesola, up nearly 37 pct yesterday, continued to make headway, adding 54 pence more to 448 amid talk that a leading investment bank is about to initiate coverage on the maker of wafers for solar energy with a 'buy' recommendation and hefty price target. Presentations in the US this week have also buoyed the share price, dealers said. newsdesk@afxnews.com fjb/vjt COPYRIGHT Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited

moneyplus - 06 Dec 2006 12:47 - 352 of 3050

Merrill L-buy note out today at 8-the big boys are really taking notice now!! USA roadshow all this week bringing in big buyers yesterday and probably this afternoon as well. sola is a fraction of the price of US companies in this area-US investors happy to hoover up all the small pi's sales. Decided to bite the bullet and bought back the shares I stupidly sold 2 days ago-when sola reaches 20 I'll be retiring!!

cynic - 06 Dec 2006 12:50 - 353 of 3050

hmm! perhaps i was premature, though the profit was certainly not be sneezed at ..... can you (one) access the Merrill buy note?

moneyplus - 06 Dec 2006 12:51 - 354 of 3050

Try the other side-they are giving more details.A**N

cynic - 06 Dec 2006 13:00 - 355 of 3050

found the synopsis of the note here!

"LONDON (AFX) - Shares in ReneSola PLC were sharply higher again today after Merrill Lynch initiated coverage on the company with a 'buy' recommendation and 800 pence target, dealers said.

By 11.45 am, ReneSola shares were up a further 44-1/2 pence at 438-1/2, after leaping over 36 pct yesterday.

In a 29 page research note, Merrill argued that while ReneSola is a small cap stock with a relatively short operating history, it believes the group's modest risk profile and compelling valuation make it one of the 'most attractive picks in the global solar sector at this time.'

The broker pointed out that although China is already the world's third largest global solar cell and module producer, it is conspicuously light in polysilicon production and relatively light in ingot and wafer production as well.

Merrill said it feels this presents a unique growth opportunity for ReneSola, which is focused exclusively on solar ingot and wafer production in China.

newsdesk@afxnews.com"

moneyplus - 06 Dec 2006 13:02 - 356 of 3050

Thanks Cynic.

cynic - 06 Dec 2006 13:14 - 357 of 3050

bit the bullet too ..... just bought back more than i started with at 453 ...... oh dear; sort of cost me 1k, but in practice not really so

cynic - 06 Dec 2006 13:35 - 358 of 3050

this is getting silly! ..... already back in the money ..... Amis had better get on board big time, or could be egg on face for us all!!

cynic - 06 Dec 2006 14:14 - 359 of 3050

"RENESOLA LTD

STATEMENT RE. SHARE PRICE MOVEMENT

The Directors of ReneSola Ltd (the "Company") note the recent increase in the
Company's share price.

On 30 September 2006, ReneSola released a trading update which provided details
of the Company's revised capacity expansion plan. During this week, the Company
is undertaking a non-deal roadshow in the US meeting with institutional
investors. In addition, the Directors are aware that an initiating coverage
research report has been released on the Company today by a major investment
bank.

The Company is not aware of any other reason for the increase in the share
price."


and on the back of that rns, sp promptly dropped 30p ..... perhaps an indication of the underlying fragility of the share in general

fortitude18 - 06 Dec 2006 14:30 - 360 of 3050

fragility..what are you on dude? this is a re-rating. nothing fragile about. retracement maybe but thats not a sign of weakness, just normal oscillation

f18
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