What the heck, the sucker ain't seen a loss of clients. The impact of omicron's now done & dusted, the revenue's up 32% on last year, plus a £18m forecast in profits means, climb aboard.
You could be right, the sucker might not go back to a pound - but 50p ish from here is not to be sniffed at. Me clairvoyant encourages all the good folks to have a damn good sniff.
1. The warning that full-year profits for 2021 would miss the previous guidance & as a result analysts have downgraded their forecasts for THG’s earnings.
2. That THG's founder has claimed a posse of undisclosed shorters are conspiring to push the share price through the floor. His mother even complained to the Sunday Times that journalists weren't more appreciative of her son’s “outstanding” achievements. “You must lead very dreary lives in your dead-end jobs,” she remarked.
I was being sarcastic -we're all really sorry you missed out buying this sucker on Friday - but there's still time for you to climb aboard on the trip up north - please don't be so bitter. Be lucky.