Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I'm weary for a reason, if the brands he buys he cant turn around they will only make losses, Pretty Little Thing i think will be profitable for them, but that's complex in itself depends on how much he paid for them.
Boohoo's whole strategy is to buy other brands we should question that on here , maybe then it would make sense to buy or not.
https://www.theguardian.com/business/2015/mar/01/warren-buffett-admits-thumb-sucking-over-tesco-cost-him-444m
Warren Buffet bought Tesco once and it dropped to about a quarter of it's value, don't buy blindly this is being ramped on here
Down before up, that 80% news just boosted confidence for a while, maybe stops the price from crashing, I'd say a few weeks if you can get in then is probably a safer bet. maybe even a week if the price drops more then is ok.
Rampers or those who are in deep think any negative news is the same as deramping, if someone was to deramp I think it would have to be fictional news or something blown out of proportion, there are less shorter than sellers , just those that buy and those that don't , the problem is ramping and deluded people that wont take any news or information that goes against there trade positions. I'm neither for or against boohoo, just want to talk out the risks, without taking any verbal abuse.
Didn't buy glad I waited think down more though first, not sure if boohoo is that good to be honest , the best they have is PLT (pretty little thing ) and the ability to try and buy out other small brands, Coast i don't think is that good, and there could easily be more companies like PLT in the future, trends change and these companies are based on fashion which is very risky.
Dead Cat Bounce lol I thought that before but people on these threads get so angry if you say something that even suggests the price might go down, leave them too it, not saying it won't go up, but there is risk, which most people don't care about or see on these threads.
The perception of a vaccine is as good as a vaccine itself, we need Borris Johnson to publicly announce and congratulate to Astra Zenica and Oxford University for creating one that works, even if it hasn't fully gone through last stages of approval or manufacture at least.
First talks of vaccine people got excited, that fuelled a mini bubble , people just buying as price rising, the reality sets in when people think price might not go up much now, drops to maybe even below where it should be. my thoughts.