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Something’s brewing - follow the 💰
The tide is turning, Boo shorts and Asos shorts both down.
Slow and steady will do.
chair powell's speech on sunday will be interesting - hopefully, he'll add another verse to the hymn sheet most central bankers / chancellors now seem to be singing from: the macros are turning a corner... at the very least he'll merely rehe**** this song.
takes a while for the markets to fully get into the rhythm, but it's becoming evident that they are starting to wake up to the sound.
gla
Once the shorts come under 2% il feel like we are turning a corner. There’s been a few times where they reduce then the buggers buy back.
Fair comment @Blackfox ASOS does have a chequered past regarding short interest.
https://ibb.co/Wx7zq26
Agreed Jamesss.
That’s for sharing the snapshot. Not a pretty sight but it unfortunately does happen too often to the likes of Asos.
Time will now tell if the cycle is now on your side.
*ASOS does have a chequered past regarding short interest.*
Indeed and this is why, generally, I pay much more attention to what the company says, rather than the level of short interest - the latter being attracted to the company for a variety of reasons, many of which have little to do with its medium-to-long-term prospects.
See what this week brings.
Particularly from Wednesday with the UK CPI data released. Macros are slowly turning in our favour.. the market appears to be slowly reacting.
Starting to break out come on ASOS. Like a phoenix rising from the ashes!
RISE ASOS RISE!!! LIKE THE DARK KNIGHT RISES.
RAGE! RAGE! AGAINST THE DYING OF THE LIGHT
How sad it must be to be you Roberto. Waking up every day thinking “oooh I can’t wait to post silly comments on Asos today” and then after thinking long and hard that was the best you could come out with…::
Hilariously pathetic.
Bore off somewhere else.
Why so much hate.
Because every single post from you is just BS
Please be respectful of all users on this forum, CWWX, whether you agree with their views or not.
If you can’t, I suggest you maybe go elsewhere for your share discussions.
Respectful towards people who are invested and aren’t just “dropping in” to post their regular BS is fine, not to idiots who are solely here to antagonise for no reason.
Oh and FYI, less of the patronising comments or maybe you should go elsewhere, in fact didn’t you say you were out previously? 🤔
Sorry, but respect is earned. There are some that do nothing to warrant it.
Well said CWWX, Nate. This is generally a good board. Just the odd Muppet that tries to ruin it. Luckily they don't get much airtime here as no one really acknowledges it.
They are on borrowed time and will disappear soon enough :)
How can someone have 17k posts.
RL I’m not defending anyone but one can accumulate the number of views over time.
Consideration should include:-
1. The view / content.
2. Value to the board.
3. Accumulation timeframe.
In my opinion if any of the above becomes obsessive or ill fated then then the accumulation count and the individual should be reported or filtered to one’s taste.
I actually have no issues with anyone including you having 50k posts but keep it real and close to facts.
Apologies if you found my message patronising this was not my intention :)
I would just like to see a variety of opinions within this message board, and avoid this becoming a confrontational echo chamber, which it is at risk of becoming.
I am still invested, although, I am not sure that being invested is a prerequisite for contributing to this message board :)?
Have a good day