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

It's good psychology to have someone else to blame, Cynic :o)

i hear from sources that new supply agreements have been agreed which extend well after 2010 and provide for upfront payments, many more MW's and possible customer investment in SOLA capacity.

With Merrill Lynch understating 2007 EPS then we can see at least one broker upgrade following release of the above news..

the 'other site' seems duly complacent about such matters but thats what the 'other site' is like I suppose..although this site isn't much bloody better

f18

without (necessarily!) intending to be disparaging, "sources" are often seriously unreliable and self-serving - no surprise there! ...... i think someone has posted that a further trading update is due within the next couple of weeks ..... does that have any provable foundation? ..... if so, then that is what is likely to provide the impetus or disappointment.

you guys have all gone very quiet suddenly .... lol!
surely not starting to wonder if we have all been too greedy?
time will tell

actually, according to the MAM trade anlaysis, buys and sells look balanced with no large trades in either direction.

It's becoming a little trickier to predict the range of the bounces now.
Profit taking today, probably, plus possible resistance at the 600p level.
Will be happy to get back in again sub 550p.

quite sharply rising 25 dma is now sat on 480 which level looks to be a support in its own right.

God is punishing me for greed .... lol!
serves me right; should have heeded my own advice.
Fortitude has gone strangely quiet ..... wonder why

Stopped out at 555, but happy to bank the profit. Thanks SOLA. Appreciate all the comments, both from both the 'plus' and the 'neg' perspectives. Now where can I reinvest my ill gotten gains? :-)

if you want to move elsewhere, then look at POG (maybe a bit toppy), SCHE, CW., TAN ....... slightly braver given the surge over the last couple of days would be Dow and bullion

cynic

still here..not sold a single one..with news round the corner on contracts and results you would be mad to do so. Merrill Lynch Asia issued a new report yesterday with suntech and sola as 'buys' and reuters issued a new report last night..been in since august so this volatility is not new to me.

did you, cynic, ever think it would get to 6 by feb06? cos you've been moaning all the way up to that price! of course you didn't.

if this stock isn;t 10 by july i'll eat my hat..broker upgrades will do wonders for SOLA cos I know Merrill have underestimated 07 EPS quite deliberately..clever tactic

see ya

Darradev, you could do a lot worse than IIR ;-)

Well done to all who have held , hope it goes from strength to strength for you.

Has EK given up yet GF , must be at least 200p down by now on his position.

As for his mate TW , only good thing I can say about him is that he did have the decency to reply to an email I sent to him a couple of years back ... his tipping is second to none , MMD springs to mind !

Hi Dill,

a few pals of mine get together and forward on the tip sheet tips, exchange tit for tat etc.

Heres what Evil said Monday..

"Renesola (SOLA) spiked up on Friday apparently because President Bush gave some vague commitment to renewable energy. I seem to remember that he also pledged to bring peace to Iraq. It does not matter a jot. This is a grotesquely overvalued share and my day will come. I shall report back on Wednesday".

Best of luck to holders.

the share price spiked cos Merrill Lynch issued a new buy note called 'The sun will shine, but pick your spots' highlighting suntech and renesola as top picks offering solid growth prospects. if fatboy thinks he can take on the big US investment funds then let the little fat c*nt have a go. Institutions are now driving the price. Lemmings also speculating that SOLA could even announce a FURTHER expansion in producitve capacity. WIth long term contracts to be announced for output from its announced expansion then id rather be in than out.

EK is a trader not an investor. His only concern is short term profit. In the medium term this stock will be earning 65-70 eps for 07 and 100p eps for 08. bet you can't buy growth like that anywhere else on a forecasted single digit p/e

f18

Can't believe Evil. Still, he has more money than I do, so I assume he doesn't mind losing it.

Cynic, re your post 629, had a look and all have merit and a healthy 'blue' today, thanks for the pointers, still undecided.

Forti, re your post 630, hope your hat stays well and truly on your head and not in your mouth, ;-). Might even buy back into SOLA once the dust settles.

Queen, re your post 631, IIR are flying for sure, thanks for the heads up.

TAN has already bolted today.
CW. still prob a good bet.
SCHE has yet another good day
DOW should be good to 12960, though obviously with plenty of movement in both directions until it gets there.
BULLION has had a horrid afternoon ..... closed out my position with a modest loss, but may well get back in

have also been pointed at NAE by someone whose judgment is generally pretty sound

Nice chart, that NAE.

confess I have bought merely on the nudge i was given ..... have yet to check exactly what NAE does (even!), though i have an idea .... but so long as sp goes up, i don't really care!

there is a thread on NAE in TR .... i have just added to it, and have also asked Ian if of can be moved/linked to IR as I think it may be of general interest

SOLA Bid: 580p Offer: 584p Change: 17 on only 73k traded, too.