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Not to me, no Op, PP came out with a huge ramp of a post telling everyone to buy Boo, and hold for the next 20 years and that unequivically they would be rich. Coupled with a very strange chart analysis which made no sense and in itself was odd when that person is a committed value investor (Charts being a short term tool), which as I say contradicts that "research, research, research" mantra.
The complete refusal to answer and very straight forward question should hopefully alert those who may think that his/her advice is worth reading and/or acting upon.
@wyndrum
Would it be fair to say you post is a bit silly and pointless?
Aside, the terms of the investigation appear to be structured in a way the business can manage.
Ok, as you won't say I will try and deduce what happened:
If you bought before the allegations then according to you, you would research that article. The article was very damming. The SP halved (catastrophic fall by any measure), fund(s) reduced or liquidated their holdings), Boohoo did not deny but made an immediate pledge to investigate as it was a supplier and not directly themselves but it looked bad. At that stage, with all your research would you not have sold them? And if not why not? How long do you leave it between research and making a decision?
If it was after the allegations, well Boo was already recognised as a growth stock long before then, so was it just the publicity that attracted you to them and from there your research said to buy? (But surely if it was after the allegations you would not have bought yet because it would seem pertinent to wait until the independent enquiry reports in sept.?)
So it must have been before, yes?
So none of the scandal that has engulfed Boo has dented your initial research? None of this new info has contradicted any of the reasons to have bought previously?
FWIW, I don't think there is smoke without fire but in this case money will talk and this ultimately won't slow Boo down much. But I might be wrong and the report could be damming, (which is why the SP is 285p and not 450p, as the market does not know either).
Very strange that you would not say. Makes me think you might not even be a holder... but that would be absurd....
Why spend all this time writing posts on here when you could have found out the answers? My time is valuable so go find the answers for yourself. If it's such an important question for you and you need an answer then you'll do the work to find it.
Ok, so you want me to go through every single one of your posts to find out when you purchased Boo for the first time, rather than just tell me which would take you seconds,. Why? Why have you made this such a big thing.
lets try and narrow it down . Either before the slavery allegations or after. (That's only 2 dates)
It's all in my past posts. Click on my user name Peoplepower1 and you can read everything in my past posts. I mean researching my past posts to find the answers you want. Have you never researched users on here. That's another important tool to learn to use.
I am a holder, why wouldn't I have done the research? Anyway stop deflecting just tell me please when you bought boo.
Why won't you do the research? wyndrum.
This is silly, why won't you answer the basic question on when you bought boo?
Research, research, research wyndrum. It's all in my past posts.
How would I know? I just don't know why you won't answer. I'm trying to find out how you identify growth stocks. You have to start somewhere. Do they have to have been trading for at least 3 years? do they have to have disruptive technology? Do you take them form IPO's? How long does the research last (weeks Months years, How often do you revisit the stock and re-research it? Just stuff like that really , but to start with, when did you buy Boo?
When do you think? wyndrum
yes, but when did you recognise that Boo was such a stock and bought in?
Research, research, research is how you spot and pick excellent growth stocks like Boohoo. Keep researching whilst holding it. You can never do enough research. 10 shares are too many for me to be able to do the through research I do. You have to work out for yourself how many shares you can hold and be able to keep up with thorough research.
yes, but when did u recognise this and buy in?
Boohoo is a fantastic long-term growth story. The whole online penetration is still at a very early stage.
You don't have to wait till you're 100 to use the cash. You can use it earlier.
I'm all for technical analysis but waiting to 100 years' old to cash out...And then having to spend it on medical treatment because I waited so long...jheez
PP, you sucked me back in... I've got to ask. What is your criteria in spotting and picking a growth stock?
(funds specialise in this tend to say you should have at least 10 holding for the 8-9 that will fail so that the one or two big winners still leave you with an overall profit.) Also when do you get in on BooHoo , was it before or after the slavery allegation?
As for your chart analysis I see nothing to correlate with what you are saying. As ramps go this was pretty good if not the best one, although you are in good company today.
Plus don't worry if you think is negative because on your 5-1 ratio this will make no difference.
Big rally to close IMO
Nice £71k buy at 287p gobbling up small pi traders. More of those please.
Boohoo is at the start of a big trend which will lead the share price to a much higher level. Strength is very positive, very strong, chart price moved up very strongly, so it's just starting off on a big trend.
If Boohoo share price settles above 282p, then the next resistance is 447p. Once over 480p and settles above 480p, then the trend and pace could lead long term to 1478p.
Hold Boohoo shares in an ISA for 20 years plus and they'll make you rich. Research before you buy and keep researching whilst holding to give you the confidence to keep holding. From the fundamentals of Boohoo in the past 5 years I've worked out Boohoo could reach a share price of £60 in 20 years. That's 3 times today's share price.
For those of you that say you'll be 100 in 20 years. You'll be pleased to know 100 will be the new 70 in 20 years. And, if you need expensive medical treatment to get you to 100 that's not available on the NHS then your Boohoo shares will pay for it. Think Big. Think Boohoo.