Cynner, I thought you might still be short - and smiling at current price: SOLA Bid: 491.5p Offer: 495.75p Change: -14.75
My Dad and I got out at 530-ish a couple of months ago - seems we did the right thing, but I'd be interested to see when this one gets backon the upswig.
Cynner? Sinner?? ..... either way lol!! ..... am indeed very happily short and expect to stay that way for a bit ... chart below indicates some possible support at 480, as appeared to be the case this morning; once through there, then certainly another 40p drop on the cards
oh dear! I'm very relieved I switched some into TMC and VIY yesterday--I still have a sizeable holding though. It's difficult to buy many online so I suspect good news is coming soon and the mms are holding onto stock. only my opinion ever the optimist!!
Soul-thanks I cashed a few more today and bought PET which is kicking off today on news from Iraq and also added to my TMC GNG and YOU. also I'm sorry to admit a sprinkling of YOO as it's flickering!
thanks PT ... well noted as well as lack of general downward momentum .... shall be away from tomorrow morning for a few days so shall be looking to lighten my overall positions anyway ...... now out at 493 (+1500 thank you very much!), though it was a tad more than i would have liked to have paid.
chart 1002 shows bounce off support at 480...... coiuld now easily run back up to 560 but stay alert as there looks to be plenty of hot money coming in
well worth watching first thing in the morning to see how sp reacts to Wall Street's sharp tumble
Salford exactly, its only worth 150p when you take into account the amount of profit it made (tax free by the way) and its 20 million of assets and then also the downside on its cash flow predicament.
Its been puffed up beyond recognition.
Looks like the IC as the dagger out today.....
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The Chinese Bubble:
*China Shoto (CHNS.L) - Griffin Mining (GFM.L) - Prosperity Minerals (PMHL.L) - Renesola (SOLA.L).