Member Info for BlackfoxTrading

I’m pretty lucky that I don’t need my money right now.

I can afford to wait 12 / 18mths.

I’m 75% down at present but will average if it drops to the penny levels.

The main advantage Asos have over boohoo is the infra they have built in the US for now.

It’s a sad state of affairs that we are sitting in a great stick that’s been taken up the a**.

So we now the possible root cause to todays drop.

MW are chancing it and it’s working for them.

I reckon Asos will come with a average update but better than Boohoo last 6 month if comparing.

This will no doubt drop both shares on the day but most likely pushing boohoo between 85p - 95p range.

My guess as always.

Based on a weekly interval…. Evening Doji star is looking apparent.

That was World Quant I believe.

I’m Interested to see what Wallace do???

I see Stochastic on the 5 / 10/ 15 / 30 min interval have this in the direction of a sell!

As far as I can see - shorts are still at circa 3%.

How is it down to 0.5%?

£20k*

I reckon we are heading to £1.

I may sound selfish but this is the only time I prefer the sp to drop as I really need to average down to the £2 circa range.

My wife is looking to drop £20 imminently if it drops lower so she will get a fantasy sp whatever happens.

We know that dec / jan and possibly feb are underperforming from a cost perspective. We can only assume the pandemic will be less severe by q2 2022. I suspect the shorts will close by then and some level of normality on the shares will resume.

Too much noise on this board and less actual proper recommendations / suggestions.

The next update from boohoo will now be after year end. Correct as they already provided data upfront when advising profit downgrade?

Do you think the shorters are waiting on the news of the court case also?

I have to admit, boohoo are dealing with many situations, both self inflicted and unforeseen all at the same time.

I suppose once all of the issues plus the pandemic starts to recede, they will be stronger and untouchable.

When is the target date for the big time bonuses?

I hope they the BOD pull their socks up and sort it out.

I was hoping we would be at £5.50 this time around.

For all who have just opened a position at these numbers. You are genuinely laughing.

All the best

I hope you are right PhatStyle. I would like be back into profit one day.

Il see what the next few weeks bode.

At the moment we have to sadly face facts. Boohoo are not planning to return to major profits post H2 2022. I think we will be bobbling around £1 - £1.50 until then. If MW reduced their shorts instead of increasing, maybe I would have jumped in sooner. Seems to good to be true to start re-investing soon.

Bojo will also start to place further potential restrictions post Xmas.

Let’s see what happens….

Any reason BOD are not buying? They jumped at £2… I would have thought £1.17 is the bargain of the century? I’m stuck at £3.49 at £93k worth of shares. I won’t buy anymore unless I see MW gone and BOD actually buying. Until then I rather wait then Lower my average.

Do we expect the lows of £1 to be re-tested?

AndyPandy what’s your average? I’m at £3.48…. The tide will turn mate.

Like many of you I am in deep here since I brought in May this year.

I will just ignore and hope there is light at the end of the tunnel.

Looking back at the history of NED purchases. There are quite a few in the past who will be suffering also.

The standout was Alicja Kornasiewicz who purchased Dec 2020 at a whopping £98k.

We all suffer / celebrate together.

Razor this certainly good news.

Southcoastbather….. it’s certainly going be a game changer if he does have any connections with Boohoo.