Member Info for Buffaloben

I have said before shorting is not really a strategy I use. Unless we have all-time highs in the major indices.

My uneducated view remains those that are shorting at these levels may be late to the party. Granted it could go a few pence lower or even 10p lower....but things could go just as easily the other way.

I see parallels with shorting here hoping for 30p not much different to buying at £4.30 hoping for £5 all those months ago.

I am dip buying. Here and elsewhere.

I find the main cause of conflict is here when people with strategies collide and it ends up being a tool measuring contest. Someone looking for short terms gains a penny here or there makes all the difference. At these levels I am averaging down here and elsewhere. If I make money in 2023 I will be happy.

It's a genuine question to anyone that wishes to answer.

I am not a mindless ramper. At one point when this was over £4 I was one of the few people on here urging caution that it was priced for perfection in a perfect environment. I was then called a number of things. Granted I didn't see it falling this far.

There are alot of stocks at multi year lows and not all the directors are buying.

I ask the question as any serious investor is always looking for stocks that have overreacted to fear in the markets.

Fira

I would love to know or have a direct line to ask them. But I can't. I can ask people on here.

For those that think BOO has much further to fall.

Where are you investing your money? Or are you all in cash till the worm turns?

I would say forward guidance is priced in for most stocks. Its why most stocks are at muti-year lows. Inflation has hardly been a secret this past 7 months.

If we continue to be weak on the build up to results it may pop slightly on the day if results are good but I see it staying sub 50p for the time being.

When is the trading update due?

When I use the word survive it’s more of a challenge to the End is Nigh camp.

Of course it will survive. To those that think it won’t good look with your short positions.

Pipe

It’s worrying yes. ASC is £6 odd from a £70 peak.

Me personally it’s pricing in for the end of the world. Providing employment remains high people will be spending. Off course inflation is going to erode disposable income. So long as BOO survive it will bounce back.

Time…..I’m investing for now.

Pipedreamer

Many share your frustration but has any stock in the sector or wider market reacted much different to the obvious macros?

The whole market, the UK and worldwide is difficult to call in the next 6 months.

I’m hoping for signs of BOO’s ability to survive long enough to see brighter days. If it can these are bargain prices.

I’m long term position now in the markets. So if I buy at 42p or 38p matters little should BOO see £2-£3 plus again.

Fira

It may well have done. Off the top of my head I can’t recall the exact low intra day or close. 7 years ago so I’ve slept and drank since then.

I do wish I’d bought more at 28p though or even 40p. And sold/traded whenever I thought it was frothy.

The IPO was 50p.

I bought in that day at 80p as it popped in minutes.

Settled back down soon enough. And I do believe it went as low as 28p or even less after a warning about growth.

Obviously after a several quarters it started to recover and the rest is part of daily bickering to this day.

Oh I get it won't be a simple switch to make all issues go away. But I am sure the markets will respond positively.

The end of the war, fingers crossed, coupled with price caps for business and everyday folk might just get us through the winter.

Thanks T4G.

I am hoping for the sake of our country that this energy shock is short lived and there are a few positive indicators. One being the war in Ukraine looking increasingly unsustainable for the Kremlin.

More alternative energy coming online with huge stimulus from the USA and China. I see Germany has installed more solar in 6 months this year than they did in 2021.

If it is short lived, as I firmly believe any sensible policy maker will be looking at energy security inflation will sort itself out.

Thats how long it could take to recover to its highs again. Thats of course BOO doesn't go bankrupt.

The bickering on here is pathetic.

The whole market in the UK and the ROE is in a downtrend IMO and the opinion of many.

I don't expect to make any meaningful money on any of my holdings till year.

I very seldom short the market, and when I do it is when major indices have hit new highs. There is no way would I be brave enough to short individual stocks at the moment.

I am looking at things in Ukraine, and indications are the Russian's are in a mess. Those soldiers in Ukraine have been on deployment for 9 months' if you include the buildup. A deployment they were lied to about. Morale is going to be far lower than someone who bought BOO at £4.20 who was told by ridiculous rampers of £10 by Xmas 22.

Everything happens gradually and then suddenly with the Russians. Hopefully in this case a rout/withdrawal and who knows maybe even a coup. A very bloody one with a bit of luck.

Anyone heard any rumour from the media or indication of what this maybe. Obviously, we need a concrete announcement post HRH funeral. This is one of my concerns for the wider economy.

Just spoke to our delivery guy. He says they are slightly busier than normal these last few weeks.

I am being sarcastic.

Hardly unusual is it. ASOS has dropped some 80-90% from 18 - 24 months ago. The market is acting on fear of recession and inflation. Everyone I know and speak too is still going out spending money and booking holidays. Why? Because most people still have jobs. The energy cap for the next two years will boost confidence to spend.

I am buying stocks, here and elsewhere, because the time to buy stocks is when there is blood on the street's and everyone is running around naked screaming sell and shorter's are shorting stocks that are way oversold.

The time to sell is when/was people are predicting £10 a share for boo in 6 months and it being X100 bagger.

Of course, it could go lower, short term no one knows. Based on history, economies always bounce back because people are insatiable when it comes to chasing wealth and prosperity. People are not going to sit back and eat lentils and wear the same clothes and never go out and not travel again.

It might go sub 40p.

And if it goes to the 20ps I will be buying and buying. So long as BOO are trading and making money they will recover in the next 18 months to 2 years. And if that happens every purchase at every entry point from £1.67 to 48p I have come in at will turn me a profit.

I can't guess the bottom and I won't be able the guess the exact top on the way up.

That is my worry. Though if he was to resort to tactical nukes I would hope what little worldwide support he does have turning on him.