Member Info for JeremyP

Shorts work on Algorithms not speculation. Current valuation like Boohoo is for failure. Hedge funds who short don’t normally entertain a shorted stock when it reaches over 5% as you don’t want to be last one out!

If CPI report is better than expected tomorrow we could be up 2-3%

Good day for them now nearly 30p so Boos investment worth £33M

Bailey and the rest of the MPC should have started cutting rates by now the high street and retailers are their knees with these high rates. No capex going through when you have to borrow at 10-12% hence no expansion or growth for the UK.

The BOD shouldn’t be relying on Frasers to keep buying . No Director buys and seemingly no Comms / strategy from them either.

In December 2021, President Joe Biden signed the Uyghur Forced Labor Prevention Act (UFLPA), banning goods made in Xinjiang. The law states that any product manufactured in Xinjiang should be assumed to have been made using forced labor. It also provided companies that ship products into the U.S. with guidelines on how to ensure that their products aren’t made with forced labor.

But companies that take advantage of the de minimis provision use it to “circumvent the UFLPA,” because without paying duty fees there is no “formal entry documentation – a major impediment to collection of data necessary to enforce import bans,” Anasuya Syam told a joint House and Senate hearing. Syam is the human rights and trade policy director at the Human Trafficking Legal Center.

Spk you do find some cracking articles. The walls are closing in on Shein. Look at what’s happening with Tik tok in the states once the republican governors get their teeth into you it’s over!

In a letter to the SEC last month, Mr Rubio argued that investors could be vulnerable if Shein’s products are “seized or barred” from the American market by the US Customs and Border Protection for potential violations of a federal law against forced labour.

Although Shein is headquartered in Singapore, he said that in reality it remains a Chinese company, subject to laws and regulations which “can change without notice” under the authoritarian regime. This “could destroy Shein’s business overnight if it falls out of favour”, exposing shareholders, he claimed.

If you read the mail article it refers to the fact that if Shein is worth 66b why are boohoo and asos so cheap!

Https://www.thisismoney.co.uk/money/investing/article-13202737/Shein-disrupting-fashion-world-effect-stock-market.html

Shein disrupting fashion - will it have same effect on stock market?

Just look at the social media coverage it’s all about boohooman and PLT in the states. Krispy Kreme doing a partnership with PLT!

There you go this brand is flying

I have a feeling trading is going very well in the US. Boohooman is also doing very well on both sides of the pond. Here’s hoping!

Can you post a copy of the LinkedIn post pls?

That’s strange as it is an out of hours trade. Suspect it is a short reducing

Must have a short on them both!

Anyone got the LinkedIn article they can share?

….manipulated again

Just gone through