£4.33 from highs to circa £2.20 ridiculous for what ? someone says some to the media that so far is un-substantiated and even if some of it is true does that really justify an almost 50% reduction from recent highs ? for clarity I thought boo were overpriced and expensive at £4.00 plus but at these levels its a gift....
This is truly being punished hard wright or wrong its becoming very oversold ....always hard to pick the bottom on any stock but I suggest we are there or there about....
personally I dont think the directors need to buy they hold enough shares this will settle down soon ....it was always going to be volatile I got out about 3 months ago way too low and I have been waiting for this opportunity ...they do not come around too often give it a bit of time a patience and things will settle down very happy and very confident with my investment,,,
That was a very professional RNS and was comprehensive....unlike the firs that was rushed and probably composed by the CEO....this is a very strong BUY
You just know that that there has been a set up BOO its very interesting that the stock is being shorted by a particular company and all of a sudden an undercover reporter pops up with this "sensational" story......I have no doubt BOO are not angels and things will have to change going forward....this is a relatively young growing company and while the news is not great I am sure the management will sort it and the business will move on.....after all people like amazon are getting similar types of reporting everyday......this is a fantastic entry point and while things will be volatile for a while we look back in a few weeks/months and the hot air will be much cooler...
you cant argue with the fact there growth is huge and they beat guidance nearly every time if anything there getting a lot of free publicity this will blow over and they will get it sorted.....take a look at the SP in 2-3 weeks ,,,,