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deepjoy
Nice to see you invested with Saietta. Good timing.
It's quite straightforward.
The shorts are looking for an orchestrated/managed way out.
They want retail investors to sell.
It really is that simple.
The Boohoo business is establishing new distribution routes to market and reducing capital cost base.
The shorts want your stock at the lowest level possible.
Expect further push downs as they attempt to draw the last breath from retail sellers.
We're buying.
Level5
Precisely.
You have to remain in the game to play the game.
Don't confuse SP with the business. Business is doing all the right things at the right time.
BOO remains in play. Many will not ;)
Retail investors with a good track record are returning to the market space. BOO on the buy list.
Risk/reward onside for bulls.
Let the shorts enjoy their final roll of the dice. Fun to watch :)
Lib's broker note is a pivotal moment.
Prior to this week, Institutions wanted retail investors to buy BOO as they forced the price down forcing retail to sell at loss. Now they want retail to SELL forcing retail investors to buy back later at a higher price.
If you're a holder of BOO, now is the time to sit and wait for Institutions to orchestrate their way out of their short positions. Ideally - for them - they'd prefer to manage the process - hence taking the steam out of recent retail buying.
Last few weeks demonstrate appetite for BOO from retail. And now we know Instututions want to BUY.
Let's not forget the millions NOT going abroad [again] this summer.
Those people hit hardest by inflation make up a small percentage of XPF's target demographic.
It's far more of a focus that XPF continue to deliver a world class product and continue to meet their venue roll-out target.
The BoD have already demonstrated their ability to be nimble and able to adapt to changing macro conditions.
At 15.6p the SP is priced to buy. IMHO
Mark Stephenson writes "Armed with some very impressive results from our Stage 1 drilling, Mila will shortly be embarking on our fully funded Stage 2 and Stage 3 campaigns with the knowledge that the Coffey Deposit bears all of the geological signatures of a major new mineralised system."
Thumbs up to that.
Plenty more rolling news to follow.
This dip shouldn't last long.
Few selling on liquidity.
Buyers will come back when the few sellers have dried up. IMHO
This is theft. Nothing more.
They can find regular and ample funding during research phase.
The moment they achieve a degree of promise based on works and research, no one wants to finance them???
Really?
Anyone can unplug the fridge to destroy the contents.