Member Info for KarlTaylor

Well its Mike Ashleys MO to buy companies with poor balance sheets, so the perfect takeover opportunity for him, to consolidate power and remove a powerful rival.

Mike could try and go to 10% will the price is still here, he has the cash, the motive, and the incentive to takeover Asos and add to the Fraser empire while the market is here.

the shorts better move quick to close now, could be in the 8's very quickly at this rate!

Mike ashley just increased his Asos holding from 5% to 7%, and the shorts are panicking trying to close position.

Great opportunity in Asos now to buy and double money very quickly.

#Market Maker Trading Signal

Level 2 Market Maker Direction Description

1. 100 = I need Shares

Mike could make an offer to Anders Holch Povlsen to buy is 26 per cent, combined with a potential 10% that Mike could own in the next few days will give him enough to make a formal takeover offer!

@CWWX in THG i warned everyone that the Apollo bid would fail and it was a pump and dump. Proved right there.

With National Express (NEX) i'n a firm believer that its a fantastic long term play to make alot of money.

With Asos, its clear that the shorts have over played their hand, Mike Ashley capitalised, and now it will be a race to buy shares.

@CWWX, you're dam right, i'm now getting paid by the shorts in panic mode to get out before big Mike comes and takesover Asos to add to the Fraser Empire!

Buy buy buy

dont let the shorts get your shares cheap!

Mike Ashley has turned up in Doc Martins and kicked the door down to take this company!

Mike will be looking to make an aggressive move now while the markets are down.

He will try and buy as much of the available shares before forced to make official takeover offer.

Get ready for Mike to buy everything in sight and the shorts also moving quick to close.

Can see this back at the 8's in mere days!

Looks like the funds are playing games trying to hold down the price, expect the shorts in panic mode trying to get out.

the shorts shot themselves in the foot increasing the positions to get out! LOL

buy buy buy, the shorts will be willing to pay now to get out!

Getting cash to buy products is tricky at the moment due to high interest rates, so Asos have a big pot of money to use puts them in a very powerful position relative to their rivals and control of the manufacturers/vendors.

this means that Asos can turn a big profit margin and start to move the share price back up fast.

Mike would know this, and knows that he needs to strike now if he wants his claws tight on Asos.

the shorts have played into his hands, by increasing their short position he has been able to increase his hold by another 2 million shares out of 100m to 7%.

the shorts will now be desperate to race each other with getting out and a war to buy should kick in now.

BUY BUY BUY BUY

Fraser probably will look to increase again while they can even if to 9%.

Shorts will be in panic mode with that RNS coming out now.

All the shorting the past few days has allowed Fraser to buy more shares at a cheap rate and back fired on the shorts!

BUY BUY BUY - lets make the shorts bleed!

BUY BUY BUY

The shorts are fecked

Correction:

Starting to see the 1 share sells, the shorts and funds getting desperate now to keep this down while they eat up the shares.

BUY BUY BUY, this will break back to 5 then upwards fast!

Starting to sell the 1 share sells, the shorts and funds getting desperate now to keep this down while they eat up the shares.

BUY BUY BUY, this will break back to 5 then upwards fast!

Ive top up again, looks like the shorts are now playing all the tricks with new small short positions to hold things down.

by end of the week could see a big fund buy a massive chunk to raise the price and force the shorts to close fast!

To anyone buy now, very lucky, fantastic price, give it a week and will already have a very nice profit.

the manipulation to this share to drive it down is open to all to see, way way way oversold!

Seems crazy that this company with £4b rev and owning brands (top-shop for £330m) is worth so little.

is this a false flag share sell off to drop the price down for a massive order fill?

Ive bough more, and trying to free up funds to buy more, seems way too good to be true even in the worst situation.

Sell now and hope to buy lower?

The drop in the face of far more buys than sells.....

Looks like the shorts are getting their mates to pull down the price so they can exit.