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Boohoo literally lost nearly half of its value as it was 52p just weeks ago. Boohoo aren’t alone, it’s a bear market bloodbath out there.

It may not be the end and things certainly look like they’ll get worse than better. It’s a good entry point for people who aren’t invested and a good time to top up for those that have the cash and aren’t like me - super frustrated and refusing to invest more.

Boohoo aren’t alone. THG, Amazon, Petrofac, Vodafone, M&S, BT, all slaughtered this year and the list goes on. Boohoo was the most shorted stock so it would have just deepened the blows which we have clearly seen.

I am positive for Boohoo in 2023 but the sentiment across the board is bad. It would be a good time to go Private Kamani, just saying.

They must’ve read my post about the positive outlook ahead.

Let’s take a look at some positives though. Prices of oil and freight costs have come down. Boohoo has been suffering losses of millions because of this for over a year.

That cost can now be recuperated so the dip in sales may not have much of an impact on the profit. Also, returns aren’t free anymore, that will also cushion some of the blow.

It’s tough out there for all retailers but there are some positives here for Boohoo that they previously didn’t have last year when the SP was triple the price.

There was a link posted on another thread and a pretty interesting discussion about this going private before it was hijacked by the usual trolls.

Back to the discussion. If the SP goes to 30p which it seems like it could, surely it’s time to take it private? Or time to Kamani to sell up at a reasonable price.

Where has this speculation come from? There has been nothing of any kind.

The last time there was speculation was when Boohoo was at 90p, after a tweet it rose to around 100p but that was pure manipulation or misinformation as nothing came of it.

A source would be great?

Pretty sure Boohoo are attempting a takeover and rightly so.

Boohoo have invested because it’s a fantastic company. But look at the market, it’s in bear territory so expect the worst.

Seems like it’s moving in the right direction? Let’s hope so. Crazy bear market right now so let’s see what happens.

It could drop on open. They’ll be re-entering a much more aggressive bear market with rising inflation, all stocks are falling and I’d be surprised if RevB comes back with a sudden rise. Let’s see.

Close to being the 3rd shortest stock. Think shorters have new targets.

What is stopping Boohoo from rising today?

I don’t think so. Morale is low and it seems like it will last forever. Oil prices are coming down, freight costs coming down, things seem to be slowly making a change.

The bear market will end next year.

Could be the longest bear market in history.

I haven’t looked at Petrofac since that sudden boost last September.

Now it’s at its lowest? What on Earth happened? All this because of the CEO leaving doesn’t make sense.

Freight costs seem to be back down to July 2020 levels.

https://www.statista.com/statistics/1250636/global-container-freight-index/

Page no longer works?

His reasoning is pretty weak. He must have sold weeks before the revolution beauty news came, shorts began closing too.

I have no idea why you’d sell at these prices considering the US warehouse is expected to open within a few months. But DYOR.

It’s the first proper Christmas in ages. 2020 was awful, 2021 was awful and full or paranoia.

Now we can have a proper Christmas since 2019 and people will want to do it properly. There is a cost of living crisis but this is Christmas.

Tide is turning:

https://simplywall.st/stocks/gb/retail/aim-boo/boohoo-group-shares/news/institutions-profited-after-boohoo-group-plcs-lonboo-market/amp

Never trust someone who doesn’t know the difference between your and you’re.