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ReneSola Ltd. Message Board

  • bobforaps bobforaps Nov 26, 2008 7:50 AM Flag

    About those downgrades-Part II

    Perhaps you noticed yesterday. After a mid day decline the SOL share price began to recover and ended up. This morning we see the shares continuing up in the London exchange, currently up 4%. So I guess there is really no point to a downgrade when your target has already dropped 90% and everyone is now trying to determine how the actual decline in revenue/profit in Q4,( if any)will relate to the current $2+ share price. It is apparent that investors now believe the pps has had a very large,some would say contrived, overreaction.

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    • Hmmmm. Is it possible no one believes the rumors regarding SOLs future as presented by the analysts? I dont know but I see the stock price indicating investors think its a buy now for several days. Do not be so quick to sell, after all $3 +/- is not the ceiling unless you are daytrading. You have a legitimate blue chip opportunity to achieve what most make believe investors talk about, a return on investment in a range of multiples from triple to infinity,depending on how much patience you have. Assuming of course you did not let those criminals steal your shares.

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