RE: Buy buy buy20 Jan 2020 13:56
As i don't think broker notes like that from a known bearish previous perspective can cause a near 6% drop pre open, there were no world issues or big drop by boohoo and the ftse opened near flat, something has spooked the market to lead to an extended auction- I maybe wrong but just playing it on the safe side and may still enter prior to results.
I was really looking at building a nice position prior to results as last time the market did 40% in matter of just over a week on ok results. I did expect results to be better than expected and ASOS to be a good recovery share this year just don't like the drop, usually a reason and IIS know before PIs - a bit like NMC the other week when it opened down and went down further, horrible rns after hours....