| Help | Sign in | |||
|
|
| Discussions for ReneSola Ltd. (ADR) | View all discussions |
|
| DOWN THE HILL !! ... Again !! | ||
| All 22 messages in discussion | ||
|
||||||||||||||||
|
|||||||||||||||||
|
|||||||||||||||||
hhahah...if you are scared you better sell...not for the faint of
heart. The naked short sellers are running the price down along with WFR but
lipare.a...@gmail.com wrote:
> Ohh BOY !!! This stock really test my patience...... > Why this stock keeps going down so much ????? |
|||||||||||||||||
Yes, I bought more and am DCA'd at 14.75. Watch for the short
squeeze...this thing will rocket...all aboard. Even with WFR's tanking, their earnings report stated that demand for solar continues to be strong, they got killed because of their semiconductor businesss and QC issues, not a problem here. I am actually glad we have another chance to pick this thing up at bargain basement prices. Triple digit growth and a PE under 15 for a solar - can't get much better than that. |
|||||||||||||||||
why they even allowed naked short when you have to borrow a stock in
order to short it if the shares are available but i guess ftc doesnt care about small investors ,
inda...@gmail.com wrote:
> or may be there are just too many manipulations with naked short > selling. that way this thing can (and is) be drugged down for months > to come!! if it was just shorted when it recently hit 17, boy, what a > nice and worry-free ride that would be. |
|||||||||||||||||
|
|||||||||||||||||
"look at the history"...do you mean SOL's history? cuz its only been
out for less than a year...or do you mean that naked shorting will usually result in a rebound due to a buy back? anyhow i'm not yet in a panic mode, but since i bought in at 23, i've been pretty disappointed with this stock so far...hope i'll break even in a few months...i was so hoping that SOL will break the top of the down trend...but down we go again |
||||||||||||||||
I keep buying back in to reduce my average price per share and every
time I do the stock drops even further and now i am out of funds and rendered to sit back and wait and this goes for more than just SOL. I am getting shit on all over the board. I see many of us are in the same boat. Time to turn up some Bob Marley and lose track of time for a little while.Maybe I should go to Costa Rica O wait I cant all my $ is tied up.Good luck to all U out there.We shall learn patience one way or another |
||||||||||||||||
|
||||||||||||||||
When buying more shares to average down, always make sure of these
things: 1) That you have reserved at least 65% of your available capital for a downturn to average down or buy an uptrending stock to offset your loss on the other because we are trading a bear market with negative biases even on strong up days. The market can collapse 400 points overnight. 2) When you average down, wait for RSI to read beneath 40 at least and
3) The correlating solar sector stocks are also showing support and a
NEVER AVERAGE DOWN BY CATCHING A FALLING KNIFE--I HAVE LEARNED THIS
|
|||||||||||||||||
|
|||||||||||||||||
Free advice...why buy the newsletter...great post!
strongl...@msn.com wrote:
> When buying more shares to average down, always make sure of these > things: > 1) That you have reserved at least 65% of your available capital for a > downturn to average down or buy an uptrending stock to offset your > loss on the other because we are trading a bear market with negative > biases even on strong up days. The market can collapse 400 points > overnight. > 2) When you average down, wait for RSI to read beneath 40 at least and
> 3) The correlating solar sector stocks are also showing support and a
> NEVER AVERAGE DOWN BY CATCHING A FALLING KNIFE--I HAVE LEARNED THIS
|
||||||||||||||||
All of it is true. Personally I'm totally positive on the rebound,
based on the technical fact that the volume that is dragging down the stock will soon be unsignificant compared to the volume we will soon see. As soon as the volume goes up SOL will come back to its 17.50 level. If FSLR beats estimates again, watch SOL go straight to $22. |
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
You're welcome. This advice has been learned the hard way but also
|
||||||||||||||||
hey strong, where can you check support levels? thx
strongl...@msn.com wrote:
> When buying more shares to average down, always make sure of these > things: > 1) That you have reserved at least 65% of your available capital for a > downturn to average down or buy an uptrending stock to offset your > loss on the other because we are trading a bear market with negative > biases even on strong up days. The market can collapse 400 points > overnight. > 2) When you average down, wait for RSI to read beneath 40 at least and
> 3) The correlating solar sector stocks are also showing support and a
> NEVER AVERAGE DOWN BY CATCHING A FALLING KNIFE--I HAVE LEARNED THIS
|
||||||||||||||||
In response to yesy...@gmail.com .....
You need a trading account with the proper software that displays charts in every time frame with technical indicators and moving averages where you can draw in support and resistance horizontal lines and vertical ascending or descending trendlines as well as fibonocci retracements with the software tools. If you can't afford a level 2 platform, try OptionsXpress. They have pretty decent charting software and they are free after you open an account with one dollar. It's a great place to start. If you can daytrade, I recommend TerraNova Tradient Pro or TerraNova Real-tick...but you need to trade a certain amount every month and maintain $25000 to $30000 at all times to open one. |
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
|
||||||||||||||||
| End of messages |
| « Newer discussion - Toshiba's Solar Power Generation Business "Is Still In The Feasibility Stage Of Business" | Is it tank more after earnings? - Older discussion » |
| Google Home - Terms of Service - Privacy Policy |
©2008 Google