To be clear boohoo's reverse is small fry compared to some of the Nasdaq stocks, the correction is in full swing and all main stock indicies getting battered. Powell failed to calm nerves, the US sneezes and the whole world gets the financial cold. Inflation nerves setting the tone, expect pain throughout March, turn your phones laptops off ride the storm. TCM you really are deluded beyond the limits of rationale thinking. Hold!!
Bruce I suspect the whole message around working/pay conditions then articles about Rolex dinners and flashy Umar just didnt sit well. The Kumanis are very driven but also inexperienced in the political domain.
Mickmix there is a lot of sense in your post, Boo is very high risk now compared to a year or so ago and if the rags game is perceived as a good investment I'm sure many will have converted over to ASOS due to less heat. 1.50 not sure about that?? Boo just fell on the sword for the whole industry and are now quite disliked by many looking to scalp them, shame really.. I expect allot of sideways with steady gains after the post results drop.
More than a week off and just a quick glance in yes the usual BS from the same old faces. Once US inflation concerns calm down all stocks will come back nicely boo aswell. Walked around the Burnley site yesterday and a huge additional warehouse just off the main one up and running. Keep your nerves the whole stock markets are mainly in correction Q2 bounce.
When all else are fearful get greedy, nothing has changed some profit taking Q2 back to business. Dont sell on fear.
Snooze button firmly applied I'm afraid there is way too much negativity right now, I'll dial back in again somewhere in the future. Keep the candle burning Moose & Ppower. Q2 ?
TCM each to there own fella, but when the story is on constant loop mode eventually people just dont hear it anymore, vaccines uptake,ESG, ASOS is better it's just run its course. Boo will come back strong Q1 is a wipeout simple. The wise will be buying this price and waiting regardless, the never ending story I just dont get it!! GLA.
Today is a beautiful sunny day the weekend looks good also, OK the stock markets are having there annual reset no big deal we have been here many times. The SP shaky for now but presents an amazing buying opportunity, buying down is just as good as buying up when we know the bigger picture is overall long term growth. The hedge funds are steering the ship for now and that's also OK, it's good to rebalance, SM, BG the Nasdaq all come good long term. Enjoy hour weekend the future is bright and prosperous. Q2 1400+
Go back to sleep TCM, the stock market doesnt just revolve around your Marstons and TUI shares. Diamond hands we have Gamestop to thank, hedge funds got burnt they are now manipulating the markets sell buy back cheap shake out the weak. The whole markets go red. At least we can rely on the pub stocks to reverse the global markets. Lol.
The end of the week wont be clean, expect March to be volatile, Q2 is where things will stabilise and recover as economies start picking up. Hold strong as W Buffet quoted the stock market is merely a mechanism where patient people take money from impatient people. Hold the line and add if possible you will be rewarded. Keep calm carry on hit the snooze button GL.
The entire stock markets are in oversold, correction mode hedge funds recovering short positions. Thd whole of Q1 will be very messy expect a big hit, boo wont be an exception 3 could be tested. Switch off come back in 4 - 6 weeks, Q2 will be much brighter as all economies begin to rev up.
108% last year however under very exceptional circumstances, some would say you cashed your check in 2020. I still believe after we see out Q1, Q2 will come a strong recovery. I would expect and be very grateful for 50% this year so 1800 by December possible.
Sidewinding momentum here 8 weeks with of course volatility as our companion. Possible budget nerves now?I'll stand by what I have said Q2 will be a great period for this Stock.
Large funds will have a limit % that they can own if exceeded it is usually trimmed back, pre contractual agreement, it is to ensure a holding does not attain too much power within the overall fund. When large holdings trade they often increase there %.
The East coast effect, the Yanks get out of bed log on see profit sell off buy back later. Dont be too concerned 1% a day would be great into recovery.
Robleo relax fella you picked up a bargain, no V shape recovery more a steady climb out your investment is sound.
Fixed bayonets let's be prepared for a little volatility, a great response from Powell regarding inflation. A few hangovers to settle down then the cash returns. If I was to estimate I would say a strong recovery in the next 4 - 6 weeks. If you are lucky enough go buy the much reduced price. Keep the faith good fortunes ahead.
Watch this SP go in Q2, it will break out it's just a matter of time, when all said and done this could be 2021s big correction, if so best to get it done early doors. Its ugly out there but that's pretty much everything. Boo from that perspective not too bad. Avg down ride back up.
The Market reaction and correction as follows:
Months of media speculation on a potential market crash, inflation fears, throthy stocks, stimulus in stimulus out, result markets primed for fear and on alert mode.
The perfect horizon comes to fruition, organised high level sell off, cash moving into recovery stocks resulting in fear private investors panic and start selling or get caught out on stop losses. Phase 2 the same large organised groups that stoked the panic buy the stocks back at a significantly reduced price, meanwhile millions of private investors have lost 0000s by panic selling. Phase 3 Recovery begins average Joe scratching his head wondering why so much money was lost. Lesson do nothing watch it play out, take time out and if possible buy the dips and average down, the rebound comes and boom back to business. The manipulators are the big winners the holders no real damage done, the panic sellers count there losses. Dont panic sell hold wait it out!!
Market forces at work, feel sorry for anyone who had stop losses, Nasdaq plunged. In such situations get into the bunker and ride it out. March rebound.