Member Info for HereKittyKitty

£3m sold in first 15 mins - this is crazy

I sold 335 taking healthy profit of which I will put every penny back in once this stupidity stops.
So annoying. Don't care if I have to buy in at 350 on recovery but my profit has halved which was my gain threshold.
Even with all the buys something is pushing it back down every time.
Still see a long 450+ but I'm not seeing over 50% of profits lost - just my own investing rule.
Hope this goes Blue today.

When will it stop!! grrrrrr

If it can be proven that any of the financially benefited from boohoo in the media, as an MP or a non approved FCA advisor then I see a court case & potential jail time.

Worth noting that they claim to be regulated in the FCA so the FCA can also act. I checked on the FCA database & they don’t appear to be listed so if not it is fraudulent if they say they are offering financial advise!

I should add that breaking the law, if proven, won’t protect any director in a limited company.

Anglaterre WRONG
That all changed a while back

“While company status offers valuable protection to a director, there are certain situations where limited liability can be disregarded, leaving the director responsible for paying the company’s debts.

These include:

Overdrawn director’s loan accounts

Signing a personal guarantee

Debts have accumulated due to fraudulent means (such as taking on credit you knew you wouldn’t be able to repay)

Director misconduct

Continuing to pay shareholders dividends whilst the company is insolvent

Withdrawing and/or using company funds for non-business activity; this is an offence known as misfeasance

Disposing of the company's assets at undervalue or no value”

There are lots of ways to make company directors personally accountable now, so whilst the assets may be under the limited company umbrella the person no longer is if they break the law or breach their responsibilities.

TikTok song grows Boohoo's following by 53,000 in Australia

http://www.ragtrader.com.au/news/tiktok-song-grows-boohoo-s-following-by-53-000

While they are a limited liability company - company directors can now be held personally liable in situations like this. I hope they lose everything.

Could even be jail time.

I think the Guardian, the Times, Shadowfall & the Leicester MPs all need a serious investigation. Might be something a conservative government would like as leverage? If any of these have dealt in Boohoo stocks it won’t look good for them & they will be the headline of taking advantage of COVID to make personal profits at the cost of livelihoods. I hope boohoo legal jump all over this. Let’s get our QC on it.

I see a boohoo legal bloodbath coming for theses collective idiots buried in legal fees forced to close up, quit job @ sell their houses. Very silly boys. Their small gain will become a lifetime of pain as a billion dollar company buries them in paperwork & legal fees. Looking forward to reading that article. The question is - is the Labour MP also involved. I think we need to hire a QC to go investigate this lot.

Bravo

PP1 you know I’m a BOO fan - I don’t hold CINE
Was kind of a sarcastic joke on a frustrating day

I don’t agree with what they have said but the issue is if Fund Managers start dumping on the back of this then well we’ve been there before. Hope Boohoo legal jump on this quick. How do these people get away with it! I hope they are reassuring fund managers as with the dual pronged MP attack they may decide to reduce.

I've emailed them daily - no reply! Don't seem to care or too busy.

I'm surprised their Legal team is not all over Shadowfall as they can absolutely drown them with their funds. Hope they take them to the cleaners.

What were the main lowlights as I cannot be bothered to read their stuff.

Interested in your thoughts on ASOS drop as I'm 50/50 before their upcoming results being 5% off all time high.

But ASOS makes no sense either. Really need to decide what to do there before results after what happened here.

Final numbers huge

# Trades 8,512
Vol. Sold 7,827,872
Sold Value £26m
Vol. Bought 4,696,139
Bought Value £16m