Member Info for Buffaloben

Im hoping for around £2 by Xmas. Im also hoping to start trading it, but fair bit of good news/momentum of sentiment for the travel industry I feel.

I dont know about you guys but Xmas is going to feel great this year.

Not just having a healthy bank balance but the fact of being able to think about having a holiday in 2021!

Thanks for the vote of confidence Robbyw.

Just to add, its basically compound growth. Again not to partronize anyone, but if you are new to it........

Well Einstein called it a phenonium and I am willing to take a second to listen to him haha.

If I gave you a pound and you doubled it 20 or 21 pounds you would have over a million.

Try it on your calculator. So that is 21 steps from a quid to life changing money.

If you have 5K or 10K to start your taking alot of those steps out.......

Now you might not always double your money, you might only make 5% a week. Thats over 20% a month because of the compounding. 20% a month or say you achieve that 15 times over a 5 years turns into a decent wedge. I dont think its anywhere near a million as I have worked it out on those particular figures. play around on a compound calculator.

As you can imagine, you need patience, discipline and everything that you probably have if your half successful investing on the markets anyway.

Castle

I have bought stock which I thought was a good price as it was way of its highs to see it fall further of course of I have. But no I wouldnt KEEP buying all the WAY down. Partly as like to be a little diversified in times like this or have cash ready to pounce when the worms turns.

The other I do sometimes, if I see a price I like I will use half the cash I have allocated for that stock. If it happens to fall again for no real reason, as in nothing changed, I will buy the other half. So thats another case where averageing down can be useful.

Haha

Yeah Im waiting till I see a PS5 bundle with Cold War. Good job Im a patient man.

Had a quick look at Klarna, never heard of it before.

Bruce

I respect that. But theres more points than a hedgehog on this little badger.

There maybe kids who MUST have the latest loungewear. Theres also the kid who has lost his job at TGI Fridays, Pret, less hours at the local no pub pulling pints and thinks right I have £20. No money to go out, lock down or no lock down. So I am going to spend it on itunes.

Or I have my £20 quid I am gonna score a bag of weed, or a packet of fags, bottle of gin.

I cant sit back and ignore the fact that not every teenage penny will be spent at BOO because I want them too.

The results here will be good and smash anything on the high street. Anything short of perfect will see a great buying oppurtunity. I intend to trade in and out on the way to results. GL

Castle,

Oh you never said KEPY averaging down.

My example of when I would and have is.........I have paid, in hindsight, more than I should have for a stock. Lets say £3.00,
I still believe in the stock and for whatever reason it falls. And keeps falling. I still think it will bounce back on the basis of fundamentals and human habits which the company is founded on. It hits 92p and I think. Right I am going to put my balls and ego on the line and buy more to average the price down. The stock is now at, I dont know lets say £1.57. Theres more good news on the horizon and things look better.

Was it a good choice?

Good point inferno, ref gender appeal to PS5 etc. But you also got phones and more practical things for woman who had had their fill of clothes during lockdown.

I think the world opening up is more exciting for BOO than another lock down.

Yes I get there is no where else to shop etc but seriously.....how much lounge wear does one need. Its fast fashion so anything you buy now is not going to be right in a few months time in a teenagers mind. Im not deramping, I am currently trading this stock I am just cautious, more than ever about the actual results this time round.

I sold the day before, inspite of all the justified optimism on here, and that time unusually was correct. Maybe the results will be slightly off the mark but still jump on results due to higher forecasts into 2021. If your long term none of this matters. I am posting as a short term trader who likes cash on the hip haha.

Typo

"Maybe but at the expense of the country and that momentum of people buying clothes with no wear to go will catch up. Even with teens."

Should read, momentum of people buying clothes with no where to go cant be sustained. At least not at record levels. My opinion only.

Last in Jan was on the 14th. Not been released for this coming Jan as far as I know.

I think the worst maybe behind BOO, I think the figures in Jan will be good but anything short of perfect will hit the SP.

I am more excited about the following results in April. The world getting back to normal is only good news for boo. Pent up demand for festivals, weddings, holidays, nights out etc. I dont understand those thinking yay another lockdown, boo will thrive. Maybe but at the expense of the country and that momentum of people buying clothes with no wear to go will catch up. Even with teens.

How many teens do you think have re-directed cash to the new XBOX and PS5?

Castle you ol raggamuffin.

Ref your advice to a poster earlier to buy a book on investing. Which ones did you read?

I respect you having a strategy, but surely a strategy should be fluid on a share by share basis. How I work on one share I wouldnt work on another.

I think in the last month or so, selling IAG in the hope of getting back in at say 35p or even 10p like some people prohesized was a risky strategy. As all it took was news to signifantly change the sentiment and forecasts. After all are you still forecasting 10p or backing the broker judgement of hitting 10p. Or was it just bear baiting and a giggle?

TP69

Nicely put. I cant believe I have just twigged to your username. The classic film, one of my all time favs and coming up to the time of year for my annual viewing haha.

Have a great weekend all.

The SP movement today is like on of those days when the weather cant decide but the sun is trying to come out.

Def leave my emotion and attachement at the door. This board on the whole is very good.

If you go on the BOO board and say anything that is not on the lines of BOO running the world and will be £30 next week and your in for a rotting tomotoes and eggs being thrown at you at best and at worst chased into the night by a mob with pitchforks.

Ive found investing exciting and at times scary. Its like life though. You look back at some moves and cringe and think what was I thinking and other ones you look and think thats where I struck bank.

Good luck TP and all.

Indeed TP69

"A loss is only ever a paper loss. Unless you sell"

In the past I have been sat on 75% losses. Had to hold for 18 months before recovered.

Was sat on a 50% with IAG for a short period. Had I been inexperienced I may have sold just on the back of the relentless deramping on here. Which seems to be non-existant right now. (Scratching head).............Very peculiar how its silenced.

You too thanks.

Best of luck!!

Nothing forever,

Holding BOO too. Might sell for an immediate few % later today but will buy back in on any dip/run up to results.

Robbyw/Nothing forever.

I did it many years ago trading had around 6K at the time in a matter of weeks got it up to 12K just 3-4% here and there. Went pair shaped as lost my discipline and lack of patience.

Once I release funds from IAG will split my portfolio into short term trading for immediate spending money (Even though alot of it goes in a pot for hoildays/rainy days etc)

And the other half to compound the growth.

Use a compound growth calculator to play about and see the potential.

Forgot the key point. You must reinvest your gains.