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Adidas, Asos (child labor in turkey),GAP, Hand M, Nike, Primark, Zara and more, have a read.
Hence, this story may run for a couple of weeks but journalists have other fish to fry although their editors probably don't want to pay for a trip to Turkey!.
The youth will not be giving up Nike nor Adidas anytime soon.
Lets get perspective in a month this was just another story but have fun whilst people say it is a massive issue.
I seem to remember this went as low as £1.55 a few months ago, so at £3.10 it is 100% up from there.
Pretty good all considered.
There are bound to be risks when a stock is this volatile but perhaps the best thing to do is take a deep breadth and check the board once per day.
If Merian/Jupiter start selling get out otherwise just hold and try not too look too often.
Blimey, what a terrible comment when you know nothing about the people on here.
Frankly, anyone who says I have made a million pounds so I know better than you has lost the argument before it has began.
Is that the best you can do?
The price is going down tomorrow, personally I would like to know when might be a good time to get back in.
I thought in about a week to two after the dust settles.
Be happy you made a million, and all this stuff about trying to help people it does not come across as sincere but I hope I am wrong.
Technology shares having been driving the US, not just the big 5.
Perhaps that is why it is holding up.
Yesterday, Lemonade listed and was up close to 100% at one point.
The thinking is that even if turnover reduces, profit margins will increase as less people needed and companies bringing forward technology spend to do this and shift changes to public spending over the internet and mobile payments.
Just a thought.
Is that true, I naturally assumed Peoplepower was here at the start. Not taking the Michael just the impression he gives. It is a strange old board, but I do find it useful to keep up to date with what is going on. It will be interesting to see who sticks with this share if it gets to £6 as temptation is to take profit. Which is why I sold some Merian/Jupiter mid cap which has about 12.5% exposure to Boohoo last time I looked, due to the incredible rise since March. Anyway worth watching to see if it becomes the Amazon of clothes or the Wirecard of dreams , have a great day all.
Some interesting comments and good debate.
I wonder if some of the people on here are trying to buy in at a lower level but then I also wonder who works for the in house broker, Or perhaps some people on here have over extended themselves and are just worried.
Me, I am keeping my shares as part of a balanced portfolio and fingers crossed. I did not read all of your previous comments people power because you just sent loads of posts, one is enough really. Any chance of you telling me what your relationship is to the company? ;-) Now that post I would read in detail.
Just looked at the message board and had to laugh.
Reminds me when Advisers were selling USA property in pension funds and they had people in the audience saying how great their purchases had been. Punchline ended in tears.
Why send me loads of messages about why Boo is so great, the more messages equal the better the share is??
Send me one with a reasoned argument, surely. Way too much noise.
Look up Alexander Darwell who had an equally great reputation at Jupiter who Mr Watts now works for, and Mr Darwell got Wirecard wrong.
Hope Richard has it right as holding about £12,500 in BooHoo.
I look forward to catching up with 100 replies all saying Boohoo brilliant.
May be it is, hoping it is, but this is starting to feel wrong, have a good day.
I have not been on the board before but have been following the conversations. I hold Merian Mid cap and small cap both of which hold Boo. On Monday I sold out of a large amount of Mid cap as was concerned about its top holding Boohoo.(As is almost 10% of fund) The reason for my concern was that I had just read about Wirecard which resonated. I see Richard Watts of Merian about once a year and will be asking him about the transparency of the accounts. I still have significant money with Merian Mid cap but feel uncomfortable. I hope I am wrong.