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Oh, and anyone who knows anything about the stock market knows that after a global expose on dodgy practices like that which has happened to Bohoo today means that the share price will go down when the markets reopen.
The only thing in question is how much the share price will drop.
As the papers say, the illegal sweatshop exploitation was an open secret but was ignored cos to tackle it would not benefit anyone in the UK. Most of the workers are illegal so would have to be deported at huge expense and domestic manufacturing and retail decimated with loss of jobs and tax receipts. As with so many social issues, coronavirus has changed the equation.
In my experience anyone who posts on these boards claiming their posts are in the best interest of other investors is a liar.
50-60 posts as you’re worried about your investment, do you really think we believe you have all other investors best interests at heart.
Pp, you’ve still not answered one basic question that someone has asked you just waffled on nonsense about all people care about is making a “paltry few thousand” whilst you’ve made millions. As far as I’m concerned it’s up to each individual adult to do their own research and invest based on that. If you buy or sell based on what’s posted here then you really shouldn’t be investing at all
I know absolutely nothing but in my head I thought down 12% and levels off at about 8% down.
So will be real interesting to see what happens.
It may be worth waiting a few days to buy in though to make sure that the market has completely priced in the effects of this PR disaster and be sure that the new level is where it will stay.
Well the fact that Peoplepower1 has now four or five times refused to answer the simple yes no question as to whether he thinks that the BooHoo share price will go down on Monday clearly shows that he is out to mislead people IMO.
The share price is 100% going down tomorrow. It will oversell and then come back a bit while finding a new lower trading level. This should happen by about 9.30 - 10am. From then on as long as all of the bad news is out of the way and The Times have not kept any further details back for follow-up stories then it should level off. This will be the buying opportunity.
Over the course of the next couple of months the share will then recover and as soon as people have forgotten about this (which they will) and sales figures show that they have rebounded then it will come back to where it is today and potentially beyond.
This is what always happens in these situations.
I've done my best today to help people to learn to be better human beings by not trying to panic investors into selling so they can buy back their shares and make a few thousand. I've tried to show them how to make money by researching and holding great growth shares. There'll be more and more on here trying to get you to panic and sell. Don't panic and sell. Hold through every up and down because this is the way to make money with Boohoo. Hold for 20 years and more and you'll be rich. Always keep researching your shares. Don't buy too many that you don't have the time to research them. The key to making money is research, research, research and never let anyone panic you into selling. I've filtered everyone who is trying their best to panic investors into selling. I'm tired now and need a rest. My advice to everyone else is to filter them too.
When they're trying this desperately to get you to panic and sell your Boohoo shares to get the share price down, then you know you have a great growth share that you must hold for 20 years plus through all the ups and downs. This is how to get rich by holding shares like Boohoo through every up and down. I know I've been doing it since 2015 and it's made me loads of money and will make me even more money in the future.
Ignore the greedy charlatans with their sensationalist and scaremongering posts. They're trying desperately to get investors to panic and sell so they can buy your shares on the cheap. They don't care if you bought your shares recently and will lose money on them if you sell. There'll be more and more of them coming out of the woodwork. They're so obvious.
Always check out posters past posts. All the evidence is there about what they're trying to do. All the evidence is there to prove what their own personal agenda is.
Scaremongering and sensationalism is trying to get investors to panic and sell. These posters are greedy and want to buy your shares on the cheap. Don't let them.
Don't allow anyone to panic you into selling your Boohoo shares. They are desperate for you to panic and sell so they can make money out of you. Don't let them make money out of you. Don't let them do that to you.