Reckless Advice30 Sep 2020 15:19
Boohoo is going to go through a lot of turbulence. Its SP is being held by small investors who can't decide whether to stay or go. I've been reading advice on here over the last few days, it amounts to irresponsible and reckless. I really hope no one is out of pocket on the back of back slapping advice. The main players are going to wait to see how Boohoo deal with the next Q and H2. There will be checks and more checks on the supply chain etc.
For those who were advocating 450 and 500 SP for today, please close down your account and find a job that pays you.
I still can't believe how you have roped others into ramping up their positions on the back of no education on how markets work.
If you can afford to stay, stay for a while and if Boohoo has learnt its lessons, and acted on its mistakes then the SP will rise but for the moment, this is going to be tested.