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It's protectionism in another form.
EU and uk based companies lagging behind.
Am sure if boohoo used such methods there would be those on here whoopin and a hollerin how good it was.
Wrong for politicians to take away what the masses enjoy
Tradey ,southcoast and such are desperate
Roughly translated as .
"I'm deep in it here and so wish I hadn't chased this down adding to a further loss"
"I just want Shein to go away so I can hopefully get my losses back"
Aint happening
Fines are 6% of total revenues! Ouch
Https://www.politico.eu/article/chinese-fast-fashion-app-shein-will-face-tougher-eu-tech-rules/
All of a sudden the shein cheerleaders go quiet.
3x278k is code for "Somethin's goin' down". Everyone knows that.
Unfortunately, where we differ is in our interpretation of "goin' down".
Reardon you needed to look at the price action during the day. 3 x 278k buys in the afternoon
Tradey just can't help it on here.
Always trying to play the expert of volume,mm"s vs shorters and stock direction.
Clearly has no clue unfortunately
All rather bizarre indeed .
My other favourite "it's being walked down"
Tradey I don’t think the shorts are going to be too concerned about - 0.53% rise in the share price I’m afraid…
Shein added to EU digital rulebook’s ‘systemic risk’ list...
If they're caught doing anything wrong (we know they are) then they will face fines of up to 6 percent of their revenue....
Zzzzzzzzzzzzzzzzzzzz!!!
JeremyP Premium Member
Posts: 1,306
Price: 34.20
No Opinion
RE: Volume = price upToday 16:41
Shorts through a lot of ammo today to keep this down, must have hurt.
Great news, that should do wonders for competition
The European Commission designated the online retailer Shein as a Very Large Online Platform (VLOP) under its Digital Services Act (DSA). Other companies labeled as VLOP include Shein rivals Amazon and AliExpress, as well as social media platforms such as Facebook, YouTube and TikTok. According to Shein's data, it has an average of more than 45 million monthly users in the European Union.
The Commission said the Chinese fast fashion business will be subjected to "the most stringent rules under the DSA" by August. It will have to submit risk assessment reports on illegal content and products, as well as take measures to mitigate those risks. It will have to step up its consumer protection, ensure internal transparency and accountability, and be subject to an external independent audit every year, among other requirements.
Baha Breaking News (BBN) / DJ
Ammo?
Shorts through a lot of ammo today to keep this down, must have hurt.
Ahhh another one of the usual suspects comes out...
WRONG
"This is a special DAY for someone on this board I wish them well"
Did Coasty fulfil his lifelong ambition of glimpsing his idol UMAR!!!?
Sam just keep your eye on things I agree read between the lines as its not very often you get good info on these boards 👍
….
The way I look at the LSE boards is that someone may get important info before I do so scan through most days and watch all the RNS at 7am in what I'm invested in.
I won't give any ramping or de ramping comments as I stay very neutral so don't ever want to influence people in a buy or sell.
This is a tough game we play and I've seen guys lose everything and I sympathis as it can be very detrimental to your mental health.
I'm probably talking to alot of guy that have lost on trades and
I'm not immune to that as I know how it feels but am very careful and don't go in too big to start to accumulate a good position.
Generally, I would say no, but sometimes a case of reading between the lines of what is said, and indeed what is not said.
Sam I notice you not been on here long are you getting any positive feedback from this board?
Figure it out for yourself!