i believe in Asos long term, however in the short term i'm happy to wait for the price of 23 again.
The company will soon be a 370 company, keep the faith that that price we all want to buy in will happen soon
If Julian gets sent to the USA I wonder if a ton of fresh US intelligence will get leaked at the same time.
Julian getting sent back to the US works in the favour of both Russia and China, they will be very eager to see what secrets he has hidden.
the REAL money in the market will be using this moment to trash the market and then buy everything up cheap.
best to stay liquid and wait for the storm to blow over until the start of next year.
exact, the game is now how to screw the shorts, as its far easily to rally up and have them cover position.
all it takes is one big boys to but a massive holding, trigger auto-buys and the algos, and this will rocket up to the 170's without breaking a sweat.
look at the trading patterns for the past week, every time this makes a break the shorts pull it back down out of fear, but they are now in the weak position as the share has been so beaten that it would be difficult to drag any lower.
there doesn't seem to be any big sellers left.
this is a very dangerous situation for the shorts now as any good news or strong long positions can cause them to lose lots of money.
once the squeeze kicks in they will have to close position which in turn will cause the share to rise.
this is a strong buy and hold to make easy money.
looks like the sells are drying up and the buyers are coming back, get ready for a lift upwards
the issue of over sold now relates to any big holders, these will be the players that will make big moves to average down and fill the gap. thats why we could suddenly see a big move up.
the overselling really started at the 200 mark, so for this to be in 160's is a big drop.
@Charles, hope you are well and getting into the festive season.
the reason i pose this question is because it appears that alot of holders and potential investors are asking this question.
ML is overshadowing the company, and with the US courts asking questions about other members of the BoD, we as investors need to know the level of faith we can put in them.
I believe in the tech and opportunity, i just want to have 99% trust in the BoD now.
expect we will see people that have made great profit from genedrive start selling up now the momentum is going and start loading up on boohoo to hold, the upside potential is very good on this share
Will we see a big director buy, them looking to take up a big stake ready for 2022?
Yeah, but it's very dangerous to short a stock that us already vastly down, the incentive is now there to squeeze the shorts and force then to take position.
Give this a moment an a big boy will go long and force the shorts to start buying back which in turn will further accelerated the rise
Seems to have reached the floor with lots of upside
seems like they are doing their best to undermine the PI and II share holders so they can off-load their own shares.
something just seems a bit off about the BoD, that makes them seem untrustworthy and have contempt for PI.
370
@4tothefloor NO NEED and completely out of order! please keep this board civil, such language shows a lack of common decency
boo-hoo to the shorters, bunch of negative nancies
they can fight reality forever, currently oversold.
the drift down is so pathetic on such small sells it hilarious.
we are now on the turn watch as a big order is paced, looks like some is filling a large buy order in the background
price is relatively stable, and once a couple of good buys clear this will bounce.
they keep raising the sell price fast, this looks like its heading for 70s fast!