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No one wants to buy boohoo shares at the minute I can assure you of that, I have traded them for years and have always wanted to get back in but that is not the case now, there is no smoke with out fire, boo is a tool to create wealth for the entire family, not just through the PLT deal that’s the obvious one....
Always check posters past posts and then you'll know what they're about. The evidence is all there in their past posts. There are people out there wanting to buy your shares cheaper because they want to make money out of them and you. They're trying to manipulate you into panicking and selling. Beware those who have only one post and are trying their best to manipulate you. Use the filter so you don't have to read any posts from people who are trying to buy your Boohoo shares on the cheap.
People are absolutely deluded, I am or was a big fan of boohoo have been trading it for years (since it was trading at 80p) imo it is the massively over valued. I have had an incline for a year or so there wasn’t something ringing true behinds the scenes, it was almost good to be true! Seems that thought is coming to fruition now. The value is all based on the future of the brand, seems to me the future is no longer as bright therefore neither is the current or future value.
Maybe Shadowfall are behind the US civil suit because they're so desperate to get the Boohoo share price down.
Don't panic, don't sell, because that's the only way to teach Shadowfall a lesson and anyone else on this board who are trying to get holders to panic and sell. They are all wanting to buy your shares cheaper and make money out of them and you. Don't ever let anyone do that to you.
The fast fashion retailer Boohoo is facing a $100m (£81m) lawsuit in the US over claims it used fake promotions to mislead shoppers. Lawyers in the US have filed a civil claim against the brand and its subsidiaries, PrettyLittleThing and Nasty Gal, alleging they engaged in deceptive pricing by running fake sales and promotions. The legal action came in the same week the party dress seller announced a £323m deal to buy out its chairman's son's minority stake in PrettyLittleThing after a short seller attacked how it accounted for cash flow from the subsidiary. - Sunday Telegraph
That is the US for you, they'll take anyone to court over anything. Or it could be Shadowfall trying to get their own back. I'm sure Boohoo known how to fight this too and will do so.
Don't let this panic you into selling. Don't let anyone use this to panic you into selling. There'll be loads coming out of the woodwork to do exactly this because they want to buy your shares cheaper. Anyone who tries to panic you into selling is trying to buy your boohoo shares cheaper so they can make money from them and from you too.
Where there is smoke there is fire. Something is not quite right with BooHoo, I sold recently. I remember the NMC accounting scandal, yet many holders ignored the warnings and increased their holdings. We know what happened there.
The one thing Boohoo can afford is a good team of lawyers. This has a stench of Shadowfall about it!
I followed this share for a long while now. Increasingly I have noted the background chat concerning the buyout of the chairman’s son’s stake in PrettyLittleThing and have felt this was tainting the otherwise relatively smooth progress of news. Last night (30th May 2020) I received a story in my twitter account of an article in The Telegraph headed, “Boohoo faces $100m US lawsuit over ‘false’ prices”. The claim alleges ‘fake promotions to mislead shoppers’.
What is actually going on here? Thoughts anyone?