Member Info for HarChris

If you're not a day trader it's irrelevant, any move down towards that next support will be bought into and bounce in a matter of minutes. There's been considerable positive updates in between this dispute it's worth remembering. It means nothing right not but it will.

@Soder there is no long term valuation downside here IMO, there is short term downside however as PIs like me and you are likely to hold off topping up as there have been too many mistakes and the shorters are going to eat this up for breakfast, lunch and dinner. Confidence has been eroded just as it was coming back, there was just enough distance between the last DHSC dispute rns and today but this has set us back another month in my opinion.

So no I am not concerned personally but I don't like seeing paper losses even and I think they might get a bit larger over the next few weeks before we slowly get over this again. I'm holding and will top up if it goes to something silly next week...

After the monotonous analyst call last Friday listening to Mikhail is light and day - that short six minutes should give everyone a little boost...

That's it I'm switching off, I don't want to crate any further negative sentiment. Things WILL get better! GL everyone and see you on the other side!

I mean if you were an II would you be making the case to invest in this company that has issued two profit warnings and no long term forecasts?

The drop isn't that bad at all as predicted, the big blow for me is longer term. We need institutional investment to get the share price back to the sort of £7 area and these continual profit warnings are not going to help with that. One, okay but two? Schoolboy errors :(

What's odd about it? They tend to joke around when the board is quiet and not much is going on, not when we await the fate of another negative rns. I'm sure the nut jokes will be back by the weekend!

How could the government owe us FA if they supplied millions of kits, machines and supplies to them? They aren't a charity.

The last time was followed up with quickly with very good news, got to hope now that they've got this away again on the Friday ready for the positive news flow to start from next week.

Well one can hope!

The ONLY solace I can find is that the share price is so low right now that it really can't fall THAT much further - It isn't going from £4 to £3 on this news, it's not a massive shock to the market like the first dispute was.

It is really frustrating though.

I know Soder, did we really need another RNS to reiterate that?

You really are talking some gobbledegook. So after going from 50p a share to £3.20 a share in less than four years the share price has struggled over the past year no question. But is it really that bad? I've seen similar situations where companies have then gone on to give away most of their massive gains through terrible management calls - Boohoo has continued to grow year on year on year it's just the share price over the twelve months that hasn't followed suit. The allegations obviously affected them and I think it takes time for the market to forget that. As did uncertainty regarding the pandemic. Suddenly Boohoo began being seen as a 'covid play' and now has to prove itself as life returns to normal which is kinda madness as it's always thrived in normal circumstances but hey, I'm sure it will as fast fashion is here to stay.

I'm no fan of Mahmoud to be honest but one thing you can be sure of is that Boohoo is his world, he's enormously proud of it and not actually all that materialistic unlike his kids so it's not just for the money. If it all collapses tomorrow I'm pretty damn sure he would be bothered, yes.

Here's a fact, Boo directors will continue to make millions for another few years even though the SP will continually fall.
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That's not a fact.

I wish I had taken that £1.02 buy quote yesterday now instead of continuing to watch from the sidelines... loved the Origins of Argo Blockchain series - could so easily have turned into an absolute cringe-fest but I thought it was excellent.

You guys probably already know this but Mikep is pmjh, right?

There is probably the odd pump and dumper that pops up on here (can't think of any usernames off the top of my head) but in the end of the day those you are describing (buying low selling high) are good traders. Whilst they were busy doing that you've been sharing your frustrations and negativity and stress about holding at such a high average ( I feel for you there) and then not only failing to take advantage of the lows but instead dumping some of your shares at the lows instead.

We all have our own approach to investing but in my opinion if you weren't willing to lower your average yesterday at £1 a share you should probably have cut your losses weeks ago as you obviously don't expect the share price to reach your 250 odd average!

Ps despite some questioning your motives it's clear to me that you aren't sneakily deramping the share.

It wouldn't be the first time hedge funds have held a share price down by shorting to enable others to build positions - it's fairly standard practice I'm led to believe.

I have seen Tiger claim that at least eight times and yet personally I've never seen him make a correct call!

The whole bull run every four years thing is an absolute myth. It took time and a whole host of factors to generate the interest in bitcoin in 2017 that led to the massive spike (bull run if you will) before retail lost faith as it started falling. It then took an awful long time again (the pandemic) for interest in bitcoin to start afresh, this time going far more mainstream and gaining far more interest and therefore far more money ploughed in as a result. The biggest rises occurred more or less four years apart and so the myth that bitcoin sees a bull run every four years was born.

Now it's possible that interest will wane again, bitcoin will settle lower than it is today and tread water for years only to rise again in 2025 and the reason for that is it can become a self-fulfilling prophesy i.e retail goes away and waits for 2024/2025 as that's when they expect another bull run which actually creates another bull run. But that isn't the outcome bitcoiners want. If institutions genuinely commit to bitcoin the cycle will be broken and the next few years will play out completely differently to the past eight or so...

You delivered that line 'DHSC apology and pay up' so casually it really made me laugh - top work!