RE: Price target8 Oct 2020 07:12
Lmeng10 I feel perfectly fine after selling but I WONT de ramp the share as it it still a BRILLIANT stock & I will re buy in, even at a HIGHER price than now.
I only sold due to volatility & hitting my 50% profit reduction threshold (just an investment rule I have as I've had shares more than double to end up loosing money by not taking profits a few times - experience!).
Took a very healthy profit ready to re-invest here once there is more stability. ASOS results due next Wed which I expect to be strong so may pop over there & come back here or split 50/50 if I see some stability here today/tomorrow.
I have to say, I slept a lot better having temporarily sold. It sure has been a journey with this share. It should be in the 450s no question by now so at some point a good 33% rise from here then onto the new levels once the ESG board is in place.