Yet, I don't think certain people get that. Boohoo is 1) on the AIM and subject to volatility 2) susceptible to the cost of living crisis which is worsening as consumer confidence reduces and people rein is spending 3) peers like Asos also have a negative impact due to increased inventory and returns 4) logistics are causing issues on deliveries for both Royal Mail and Couriers 5) Boohoo's largest market is the UK which is getting hurt the most by the BOE's slow action
It will take a while for things to get better but a large reason why the share was shorted in the first place, why people trade the stock and why there is such wild fluctuation. There is a lot of unknowns and pressure in the retail sectors. Boohoo should make it through these times but its the uncertainty and fact there has been numerous revisions to growth which is spooking people.
The price will settle at these levels until there is a global sign things will improve.
This is unexpectedly down contrary to forecasts....expect another rocky day! Follows US retail data also being down which shook US markets yesterday.
Potential drop to 35 on the cards as a result?
Looks like no one understands you T4G, time for you to reflect on that.
Your basically saying that the share price is dictated by volume of trades.
READ THE NEWS! the entire market is down its not just down to volume of trades. Also its the beta of the stock. There's been occasions where the market is up 2% and boo is up 10 and the converse will falls. You just don't seem to get that do you T4G.
All Hail T4G, king of BS
Qube have reduced their short by 0.07% - shorts down to 5.9%
'' scb that is not the only one of his points that makes no sense
Most of Boo deliveries are done by Dpd and Evri, not Royal Mail. In any event Royal Mail strikes have been ongoing for ages so why would it impact today. He hasn't a clue if sales are falling, that is just conjecture. The fed is a mcro issue not a Boo one and hasnt affected markets in general. If he had actually read any RNS he would know that altho brands weren't identified it was made pretty clear that the new ones were loss making for now and in any event that is old news.
as for the worsening and deepening cost of living crisis, hasnt inflation just come in lower than expected here and in the US?
Not sure why he is so angry either''
1) For the Carol Kane comment, read my earlier post, gone from safe hands to potentially the open market.
2) Read the news tradey, Royal Mail strikes have put pressure on Evri and Dpd: https://www.proactiveinvestors.co.uk/companies/news/1000913/royal-mail-strike-spreads-disruption-to-couriers-evri-and-dpd-1000913.html
Above makes you look like a right tit!
3) The Fed hasn't affected markets in general... Are you smoking? Literally you are as thick as ****. Read any financial literature and what the Fed does or says counts for everything. https://www.google.com/amp/s/www.cnbc.com/amp/2022/12/12/the-federal-reserve-will-hike-interest-rates-again-how-it-affects-you.html
What they do will reassure or scare investors so the impact is massive and can shockwaves and volatility on the day to day price on all global shares. Just like yesterday's US CPI figures had an impact on global shares. Yet again you show you are clueless and banding lies about.
4) CPI figures show that inflation is down from its peak but by no means the end. People want reassurance its still coming down. Its still very much a bear market. The world doesn't change its tune immediately.
5) the granular data shows flaws in the model and that acquired brands are not creating growth. Boohoo are meant to be a growth share but not growing so of course investors will be put off especially when they have pumped money into RevB.
I'm not angry I'm just enjoying pointing out that you peddle false information and rant all day and night and come out with nothing but dribble.
I've reported your post below for false information for the reasons above.
I have a real job to get to. I suggest you focus on yours too given you have come out of retirement 3 times already.
Scb I was being flippant when I said half, yes it much less. But those 13 million shares have gone from 'safe' hands to be potentially being sold. Her ex husband may cash out? What's to stop him.
Carol Kane maybe having to give away half her shares? Worsening and deepening cost of living crisis, losses reported by acquired brands that were not disclosed previously in a granular context. Uncertainty about how the Fed will manage policy going forward. Royal mail not delivering items and people not ordering online?
These are the things off the top my head. But to be honest you watch this every day for someone who is supposedly a long term investor.
Maybe you're just a fraud? If you were a long term investor you would focus on the long term and not the short term.
If you were in an investor you would do some research in what you've invested in and the susceptibility to market repricing of a growth share which isn't growing.
Most people on the board have a willingness to listen. You simply want to be the loudest and drown out the noise with your incessant posting.
You can't be self righteous when you are part of the problem.
If you're a new investor. Do you own research, don't rely on anyone here. You have moaners, tampers, derampers and realists.
Wonder what happened to valuetrap who was adamant that Boo was getting bought out by Sequoia Capital China (lol)
Trust your own self and research.
I told you that I had unfiltered you last time and didn't block you again. I'm speaking for the rest of the board who are equally sick and tired of your constant moaning. Say something constructive for a change that people actually care about reading. Rather than the same whining day in day out.
Also no point having a discussion with you as you turn into an argument because you are a child.
It's clear why this share has stayed stagnant but you're just blind to see it. Read the news maybe and you'll perhaps realise that we're in a recession, cost of living crisis and things will get worse before they get better.
Clown.
T4G, why do you care? You're invested and pollute the board with the same rhetoric every day. Get over it.
Agree with daytrade. Time value of money and less risk with certain return. Boo is far too volatile, could be waiting for months/years to pick up momentum and with inflation, the longer you hold earning no returns, the less the shares are worth in real terms.
People here near to be realists, expect the world when this goes up a couple of pennies only to see it go down a few days later.
No point whining, moaning about the share price. You are invested in AIM, it's volatile. The market for all shares are bearish, the swings will be crazy for no reason day in day out.
As mentioned a few times, best to day trade this or stay long and be patient rather than have the same running commentary day in day out about MMs and shorters.
If you are confident to back yourself, what others say, whether invested or uninvested shouldn't phase you.
Powell's speech will dictate how global markets react - if more dovish then you can see money pile back into stocks and a nice rise before xmas. If hawkish with signs of rate rises not letting up then people will be more apprehensive and stocks will slide.
That's the macro position. In respect of Boohoo itself, the numbers will need to do the talking. Although results were posted in May, people are seeing the granular detail for what was posted on companies house. The fact that growth brands that were acquired are making pre tax losses are spooking investors. Boohoo isn't creating value or showing they can create growth at present so people would rather park their money elsewhere then let it sit idle and achieve no returns.
Why would you keep money in stocks that generate no growth (or even losses) when you could earn interest at 4%? These are the decisions people are making.
All about the time value of money - right now people are getting poorer by just holding if there are no immediate signs of a change in direction.
Well Google finance showed the share price dropping to 39.89.
Really need some positive news to propel this forward or 40p will be the new normal, £1 will be a dream and anything above a fantasy.
For those of your obsessed with this 'oracle'. His twitter account is back online.
T4G, you said there was v little volume for shorts to close previously which is the reason (according to you) why they weren't closing... even in the 40s. If that is the case, Marshall Wace etc could have easily closed rather than Marble Bar.
Thoughts on this please?
shorttracker takes a while to update... they obtain info from here https://www.fca.org.uk/markets/short-selling/notification-disclosure-net-short-positions - download the excel on right hand side to get short data.
Interesting to see who actually bought these shares? if an existing shareholder with significant holding, I would expect to see an RNS however if someone is accumulating below the reporting threshold, we won't know...
& reduction from capeview capital as well...
Shorts down to 6.81%