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It's gonna go back up guys and girls, stay long and very strong strong :) :)
Are you going to follow a mini shake or £15m in purchases ?????? :) :)
It's a case of trying to get rid of the weak.... it'#s going back up....
Glad i got my top up near the lows :) :) :)
We need People Power to cut and paste 12 dozen posts to ramp up the price. Goes to show you cant predict anything with BOO. Still hope to see 250 today.
Just added to my 208s and 212s with some at 225
Shorters on the ropes, topppp up timeee
This is a shake guys and girls, load time.....
Longs will pick up the dips.
There are many loaded CEO and CFOs but they don't make £15m in purchases. These were the largest transactions seen by any directors in 2020
If they can buy that amount, you can be sure that the smart and retail money won't mind risking substantially less!
1 min to open :) :)
Don’t disagree that the Director purchase was a positive thing just stating fact. These guys are absolutely loaded, that was all. If I make my target today that’s great and I will be out and there will be a few shares on sale later courtesy of me for those that want to continue on the ride. That’s how it works yep? Let’s all have a good day.
Probably a simple exchange with a fund/ii. THat happens a lot.
To gauge how much BOO is being monitored by the market right now, it was the no1 chat forum yesterday for LSE posts. This stock is totally back under the spotlight, its the one in play.
7 minutes to the open :) :)
see you at £6 guys !!!!!
65jh. The buys 'may' have propped up the share price and without them the sp 'would' have dropped below 200? Perhaps you need to think about that
well said. true facts !!!!!
Piece in today's TIMES - https://www.thetimes.co.uk/article/boohoos-founders-buck-trend-and-buy-its-shares-c2rzjgjrl
The point is not where it would have gone.. the point is founders are putting their own cash in business and that oozes confidence in the company and send out a clear signal to the market.. they don’t care about few pence difference if it went sub £2.
Regardless of what anyone thinks, Director buys at this level send a strong signal to the market that the worst is over. These guys don't want to see a paper loss on their money, they are greedier than the lot of us.
Take from it what you will but Director buys at that level is a huge buy signal. It wasn't the normal 50 or 60 share exercise of options you see. This was a massive sign of support. Why spend £14m if you thought that there was a fundamental issue that would see the SP see a sustainable drop and suffer a paper loss for any period of time. At that level, a drop of 10% is £1.4.
Its ridiculous if people think other wise.
It looks like the buys may have propped up the share price then.
Without 15 million pounds of buys this would have sunk under 200p. Think about it?
If you were short you wouldn't be looking forward to today. That's a cert.
With EPS expected to be as much as 15p in the next couple of years you buy and hold if you believe the ESG matter get's resolved. Why? The price won't stay down here on that multiple. Either way, trade or invest there's big gains to be had here and yesterday's £15m purchases was a monster vote of confidence. Smart and retail will now be following the money.
This is possibly the reason the directors bought shares when they got wind of the news effectively clearing their name.
https://mobile.twitter.com/tonyroe/status/1283510650279538697
great for BOOHoo
£14 million is nothing to these guys don’t forget, once I get a return I will be out. If that’s today then all well and good. GLA
Morning everybody.
We all looking forward to getting this show under way today ? :) :) I am
Short term yes closer to £3 but if they sort out the ESG then it’s a x2 from here easy as earnings multiple is way too low for such a grower in this space
Woowee big bucks £5 on the way this summer
GAP UP and GO tomorrow.... short's you have 2 mins to close :) :)