Member Info for BlackfoxTrading

Over 1.1k employees have thought investing at these prices are a good idea.

Directors also participated. I think some people are obsessed with directors buying in the millions. Why?

I think a lot of people will regret not buying at these levels.

I took advantage today and purchased another £2k worth.

This sp will hit 70p before you know it.

My opinion but I believe there is a strong chance we have bottomed on this sp.

I would imagine a very stealthy uptick which is noticeable since then.

Even if we pull back in the 70s / 80s I don’t think we will go as low as early 30s.

Time to buy again for me.

Looking at the charts, it is obvious since October the charts are showing higher lows through various time intervals.

This has to be a good sign. I’m not a chart technician so would welcome others to validate my observation and comment on better info?

Thanks

Yes looks that way.

48p is a very good test.

If it breaks nicely and hold then we are in a good uptrend otherwise back down the pipe.

Observing the weekly charts.

Every 2/3 bullish weeks end with a circa 0.20p drop in overall sp.

This and next week will give a good indication if that observation remains true or whether a change in pattern happens.

Watching closely.

Could be as early as spring.

I think it will be a surprise!

Very true AndyPandy.

Markets move fast and can be unexpected.

I brought some to average down from £3.65 and now I’m sitting at £2.64.

Fair to say a lot of us are within the same vicinity before we see our money again.

We just have to remain strong.

I just hope and wish we get there soon.

Who is averaging in the £3s?

T4G,

What we will see is a reset on valuations and reductions in retail investors going into 23.

I agree that the opening of the DC will be good news in 23 but the return may not be priced into the so until end of 23.

I would say, we are 12 months away from and stabilisation in this sp. It’s a traders platform between ow and then.

The economy has yet to see the impact on normal working class peoples lives. There is a chance austerity will be worse than expected.

I believe boo and asos will bounce back eventually but patience and time is required.

I suspect shorters will start leaving from end of q1 23.

Again this is just my opinion.

T4G,

What I’m saying is, with inflation still high and recession still looming over us. There is no reason for the shorts to reduce or close. The only worrying thought is that these bear type rallies are allowing for extra shorts to jump in.

My thesis is that the share price has every chance to drop back to early 30s. The fed is still hiking and will do between 4-5% before they pause.

JP Morgan and GS have confirmed recession is a definite. That May drop all shares by 20% on the news when it lands.

The whole stock market is rigged and run by the big boys. The war / energy crisis / inflation can be controlled with a flick of a switch if the boys club want it to end.

This whole world crisis is orchestrated to make ppl think it is a unforecasted event.

I’m in deep here but I will let the big boys do their business and will wait until q1 in 23 before I go back into averaging down.

Both Boo and now Asos are sitting at circa 10% short.

Until recession is announced and made certain, shorts will continue to pile in.

I wouldn’t bother averaging down yet.

We will get a better average soon.

Adidas was in trouble the day Kanye was stepping away from them. They were in trouble anyway.

With the initial headwinds such as logistics easing and costs lowering to circa £4.5k a container. I would assume this trend to keep going and normalised by end of 23.

Travel stocks such as airlines recording travel surge since summer. This will also support logistics over air that was previously restricted and costing companies an arm and leg.

The next and current set of headwinds is inflation and mortgage rates. Can’t see that improving also until end of 23.

Sit tight and hold of you can. I know I will… if it drops to 20s… my finger is certainly on the buy button.

Finally everyone is realising spending hours on this board is not healthy and useless.

We are in a world wide crisis. World does not revolve around Boohoo and the shorters.

Do what you want with your shares but checking every 2 mins and posting posts all day long will not get you anywhere.

Come back in 2 years.

Money Hoarder…. Thanks….. no comment in that case.

Who said it’s the 12th?

Who is SC?