Member Info for Inferno

Ultimately they have kept half their holding so they can’t be particularly concerned. It would just be interesting to see what the backstory was.. who knows it might become apparent next week

Another view is that they misjudged the feel of the share. With too much volatility for their portfolio, 2 sets of outstanding results and a significant drop on both. They will be under pressure to show performing stocks, volatile large swing stocks are not ones funds want to hold.

Interestingly they have been bought up without impacting on the SP. it may have been that MS were building a holding for a third party at a lower premium. As always we never get to know 1% of the true story as a Pi. However all that matters is the Sp hasn’t negatively been impacted

Have Ms just sold half their holding?????

This will go up and down like it always does.. up a few percent down a few percent a few big drops up and down.. bottom line is this - it will prob go to circa £3 I’m in at 3.40 but I know by April results it will be back to £3.70+ the day before results when I will sell. So between now and then I’ll just lower my average by buying the dips. Been here a hundred times before:. Just relax and ride the wave 10 weeks time = results. If you need your money before then, then you shouldn’t buy shares.

Hi Bernado,
I am new to this stock having recently invested. Could you enlighten me to what announcement is expected on Wednesday that you mentioned ? Many thanks inferno

Keep calm 100% correct it’s only a loss when you cash out, a better way for me to articulate my point was to probably say I’ve maximised my gain by buying and selling on a number of entries rather than holding.

For what it’s worth I would of much preferred to sit back and watch a slow and steady climb. But unless you are PP1 with a buy in of 8p or whatever it was, the large majority don’t want to sit back and see 20-30-40 gains wiped for no real reason apart from a concerted media attack or ultra sensitivity to any news that is not Reflected in other stocks

I agree John.. it needs a catalyst to get it out of the current pattern. Outstanding results, huge continued growth, improved governance, a war chest of cash = sp drop...

but it’s more than the instant drop it’s the continued historic drops.. the Sp can’t stay over £3 for six months in a row mirroring the same performance of over 3 years ago.

A US listing would set this sp free.. the AIM / uk main players just don’t buy into Boo no matter how strong their fundamentals and results are.

It’s institutional misgivings at their finest, I’ve read all sorts of perceived reasons on this board for that ranging from rascism to lost trust.

I don’t know why.. All I know is the sp price does not mirror the potential or deserved value of this share. But then maybe I’ve got it wrong - maybe it is correctly valued for the risk and we become delusional on this message board about how or why what it should be valued at.

Yes I agree listing stateside or further acquisition could be good for SP - but let’s also consider, online sales tax at next budget, pending us court case and people exiting online stocks to other ones that provide better value or opportunity

None of the above is intended to ramp or deramp it’s just presenting a balanced view of benefit V risk.

I’ve been sitting it out the last few days on the sidelines looking at the board and comments.

I ignored my gut and held into results, but wasn’t convinced that the following day we wouldn’t see a repeat of history so I sold at 08.01 luckily 0.5% still blue.

However going against my gut cost me £10k but had I not sold that loss would of been extended to £20k

I still made nice profit on my second November entry. However ultimately greed got the better of me and blinkered my judgement, am big enough to admit that.

Had I held my original investment from July I would of been significantly further down then where I am now having bought and sold twice and day traded it a few times . However read my posts - my success rate at day trading was not good maybe 60-40 success.

Looking at the 2 year charts we are again at the top of the Declining shark tooth, it appears we will go back to low £3.00’s and then back up towards April.

However of course any good news could turn that view on its head and it could rise rapidly with an acquisition or stateside listing.

But in the absence of any news and the world opening up presenting better buying opportunities I reckon the price will go down and I’ll re-enter again with a view to selling before results.

It’s depressing how this share performs as there is so much to be positive about. However when a 40% uplift on expectation is met with a 8% 24hr price decrease I do slightly despair. There were some very valid views that predicted this on this board.

However the manner in which those views were presented turned pretty toxic and in turn detracted from the message and became pretty personal.

Longer term I’m not sure what it holds until the cycle of sleep, eat, rinse repeat is broken and the usual build up hype followed by sell off is repeated time and time again.

I’m not cashing out of my account I am locked and loaded ready to buy Into any decent drop or Rns. I for one wanted to buy into the hype this time around and got burnt in the process.... for the 3rd time...

Next time I will sell the day before - definition of insanity, do the same thing, expect a different outcome..

For all those that sold before well done, for those that held and fronted it out well done, for those that got stung, bad luck and genuine hope it’s ok for you, it will go back up.

The last pattern in jan 2020 is that it had a dead cat bounce the next day before it continued to drop every day until the 1st day of feb where it then began to rise again before COVID struck and the rest as they say is history

Any thoughts on sp tomorrow ?

Ade.. I’m in the same pit of despair as you as I fail to understand how Asos ended up 2% on their profit days after a 20% monthly rise.

Looking at the 2yr chart it just shows us as at the top of a giant tooth again.. with the start of a decline

I’m probably sounding horribly negative tonight and I will admisnter a ***** slap to myself in a moment. It’s more of how abs why the market reacts like this that leaves me dumbfounded.

None of us are experts it’s an amateur forum for people of all abilities and levels so before the obnoxious pricks jump in about how we must all know nothing etc it’s a forum

@select and not intended to dig you out, but if you can see it dropping over the next couple of days say 1-3% per day we would be looking at a 10-15% drop in a week. On the back of outstanding results, in a world where any hint of the world opening up impacts this SP and we are only going to see more of that every week as the vaccine increases.

Why would anyone want to hold a share that will
Drop 15% if you can see it in advance ? Would you not sell and buy the dip?

I’m frustrated tonight as all can see.. I’m ****ed off as every instinct told me to sell yesterday but I Ignored my gut and saw a healthy profit wiped out and am now thinking is it gonna keep declining till it bottoms out at £3 something..

What more can this share do ? The results were outstanding against a backdrop of complete financial carnage on society.

I wasn’t expecting £4 today but neither was I expecting £3.50....

Regardless of all the ‘yeah not bothered happy to see 30% wiped off the sp I’m holding for years’.. there are a plethora of other holders who aren’t including me. So looking at the last set of results before the auditor news hit. The sp went from £3.75 on the 29th sep to £3.35 on the 5th October. So on that basis in 1 weeks time let’s all hope we are not at £3.35

Major, inspire me I’m feeling deflated and depressed today.. triple bottom?

@shrewd - look at the last results share price was at a peak, and it then proceeded to fall daily every day down to £3.20 before the auditor took it back to £2.70...
Every person is logical and right to consider if the same pattern will occur again. Logic clearly doesn’t apply to this share when you consider how it’s performed and resulted yet drops 4%

It wasn’t today it was a few days ago (delayed release)

I may choose to regret it, but am hoping for a pullback tomorrow... to finish at 4% down is a real kick in the teeth on the back of the results today. Let’s hope we see a 2-3% pullback tomorrow, if it keep going down I’m not gonna see all my profit wiped out and I’ll call it quits tomorrow. Been a good ride for me this year, asos pulled back in the blue so hopefully boo can follow

https://www.sharesmagazine.co.uk/news/shares/why-boohoo-shares-are-down-despite-upgraded-revenue-guidance

The immediate challenge for short term holders up to 12 weeks etc is this, will the sp bounce back tomorrow and recoup today’s losses into the close of the weekend.. or will the sp now have the daily 2-4 decline that we saw last time down to £3.30

Disappointing day, it seems Ms have done their bit to stem the loss to little or no avail. No Idea obviously lacking the crystal ball.