RE: Being realistic19 Aug 2023 08:10
And that’s Boohoo in a nutshell….
Shorts are able to play games on companies on AIM and the Fca turn a blind eye to it!
Funny that all the headlines yesterday were about terrible brick and mortar sales for retail in July, Online increased by 4% in the month but thg, boo etc all got smashed and Next only dropped .02%.
Boohoo business is doing just fine they have had a tough time however they have been laying the foundations for a multi channel operation. The games the shorts are playing is background noise and will go away eventually. You only have to look at the sells which are algo trades by bots it’s not PIs that are selling and there aren’t any II selling so it’s just shorts to MMS.