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Well I hope that nobody listened to the ramper Peoplepower1 who claimed yesterday that there would be no drop today.
341p first after that you'd expect higher
Front page news on Sunday times, Priti Patel has tasked the NCA (who recently busted loadsa hard core organised criminals). Matt Han**** acknowledged Leicester sweatshop problem on Marr show. Just hope I can get my leveraged short on early enough. 30% down at least next week.
Eggs in one basket (BOO) is suicIdal.
Only the deranged do that....
Blimey, what a terrible comment when you know nothing about the people on here.
Frankly, anyone who says I have made a million pounds so I know better than you has lost the argument before it has began.
Is that the best you can do?
The price is going down tomorrow, personally I would like to know when might be a good time to get back in.
I thought in about a week to two after the dust settles.
Be happy you made a million, and all this stuff about trying to help people it does not come across as sincere but I hope I am wrong.
PP - If you care so much abouit people why will you not answer the question:
Will the Bohoo share price go down tomorrow?
Yes or No answer please?
If you are genuinely trying to help people then you will not ignore this perfectly civil question.
That's the difference between you and me mornington-oz. I care about people and their investments. You don't. Learn to care about others and you'll be a happier person too. For me, it's not all about money. It's about helping others to make money and not lose money because people like you want to make a few thousand out of them.
Those on here who ridicule me have never made a million in their lives. Learn from me. Stop trading to make a few thousand and learn to buy and hold shares to make millions. I did it. So can you. Learn to be a better human being by not trying to panic investors into selling so you can buy their shares on the cheap, just to make a paltry thousand or two.
Bohoo will never have a market capitalisation of $100 billion.
The share price will go down tomorrow.
Stop trying to mislead people.
Pp, 50 posts on here already today. Seems a tad obsessive if you ask me - go spend some of your millions, enjoy yourself.
Loveapoundnote - you've no idea about market values. Do you? Amazon's market value today is nearly £1.5tr, yes trillion. The p/e is 140. The share price is £2,340. £100bn market valuation for Boohoo is peanuts compared to Amazon. Boohoo have nine brands, Boohoo, BoohooMan, Prettylittlething, Nasty Little Gal, MissPap, Karen Millen, Coast, Oasis and Warehouse. They have separate management and design teams for each brand. Boohoo bought Nast Gal for £20m and turned it into £100m revenue within two years. Boohoo are excellent at buying brands out of administration and turning them round very quickly. In 2014 Boohoo's revenue was £100m now it's £1.2bn. The founders of Boohoo, Mahmud Kamani and Carol Kane have been in the clothing industry together all their working lives. They sold to the likes of Topshop, Miss Selfrdige, etc., for years. Then saw an opportunity to do it for themselves online hence Boohoo. They are brilliant at what they do. They brought in John Lyttle from Primark to be CEO. John Lyttle grew Primark exponentially. He will do the same with boohoo. Buy Boohoo share and hold them for 20 years plus. Hold them through every up and down and you will make millions. All shares go up and down. No share goes up in a straight line. Stop trading shares to make a few thousand and buy Boohoo shares, hold for 20 years plus and make millions.
Nobody is trying to do anything, what we write on here isn’t going to make any difference. The news has been all over the papers, based on that people will sell.
Amazing isn’t it, some guy claims to have made £1m here but hasn’t sold any and has nothing better to do on a sunday than post here endlessly. How lame.
Right, so you are claiming that someone who invests in Boohoo today with the same £97k that you started with will make millions?
Let's say that you only mean two million this means that the share price of Boohoo would have to increase from £3.87 to £77.40. This means that the market cap of Bohoo would be £100 billion. That is clearly nonsense.
You are deluded. You are deliberately misleading people. You know as well as I do that the share price will crash tomorrow,
Loveapoundnote - you'll really try anything. I'm holding my boohoo shares for another 20 years plus. Downs don't bother me at all. What bothers me is people like you doing your best to panic people into selling their shares so you can buy them back on the cheap. You do this to make a few thousand when you could make millions if you would use your time better. You use your time scaremongering when you need to be using it to research great growth shares. Boohoo wants to be the biggest global ecommerce retailer for clothes and it'll achieve that. The global fashion market is worth £2,000bn. Yes £2,000bn. Boohoo's revenue ending on 29 February 2020 was £1.2bn. There's loads more out there for Boohoo. Boohoo has the expertise to become the Amazon for clothes. People who invest in Boohoo today will make millions too, if they hold them for 20 years plus. Stop trying to make a paltry thousand or two and start trying to make millions.
But these people who have invested in Boohoo now will not see the same returns that you have as they have bought in a much higher price. They can use the opportunity to swing trade the stock but you want to deny this to them by prentending that the price will not go down on Monday. It will. You know it and I know it.
A 20% fall on Monday will cost you £279,000 in paper profit. That is what this is really about.
Boohoo (and other fast fashion chains) have gotten away with exploiting modern slavery in Britain for years. The game is up. Margins and the business model are unsustainable. The valuation was already stretched anyway. This is our Wirecard.
Being greedy is selling Boohoo and looking for another growth gem. Being greedy is selling and buying back. Being happy with my success is holding my Boohoo shares for another 20 years and more. Being happy with my success is showing people how I did it and that they can do it too. Being happy with my success is doing my best to prevent greedy charlatans trying to make money from people who may have just invested in Boohoo recently. Trying to get people to panic and sell their shares to get the share price down is so wrong because some of these people will be people who've bought boohoo shares recently and will lose money. No-one has the right to panic people into selling so they can buy their shares on the cheap.
I am genuinely happy for you Peoplepower1 - that is a great return on your investment.
However, for those of us who wish to make smaller but quicker money the share price drop that is coming on Monday will be an opportunity to do that.
I do not understand why you are so angry with me for pointing out what is going to happen. I have consistently said that long term this is a good stock but that Monday is going to be a bloodbath. You cannot even admit that the share price will go down tomorrow. Why?
Loveapoundnote- you've an awful lot to learn about investing in shares. I bought 360,000 boohoo shares in 2015 at around 27p. I've held them since 2015 through every up and down and I will be holding them for another 20 years plus. I'm not interested in short selling i.e. selling and buying back. The way to make millions is to research and find a growth gem like Boohoo and hold it forever. I've done it. You can do it too.
If you are so confident in this share then why are you so desperate to deny that there will be a share price crash on Monday.
I have never said anything about the share price in 20 years yet you bang on about it constantly.
Who even cares what the share price will be in 20 years when you can make money out of this on Monday? And if you are so confident about the share price in 20 years then why are you denying that it will crash on Monday? Your position makes absolutely no sense unless you are deliberately trying to mislead people.
Have you even heard of short selling a stock?
Why won't you answer the question about the share price on Monday? It's because you know as well as I do that it is going down hard.
Why do you want to stop honest investors making money out of this happening?
Loveapoundnote - you'll try anything. City folk? It is buyers and sellers who determine if a share price goes up or down. No-one else. Stop trying to get investors to panic and sell. Stop scaremongering. Stop being greedy.
Loveapoundnote - Do you think that the share price will go down on Monday?
PR damages sales and sales damage profit expectations and profit expectations damage the share price.
City folk when seeing the PR disaster today will be going sort on Bohoo on Monday and then offloading their share holdings to drive the price down.