RE: Just my 5p worth opinion here13 Feb 2022 13:19
xxxAccountant,
Just because Joules sells online does not mean it is tied to Nasdaq in the slightest. That has to be one of the most tenuous and crackpot links ever made on a bulletin board. If we did track it then we would be sat nearer the 305p it was in June as both the Nasdaq and Dow have been hitting highs and retracing, rinse repeat. NEXT plc also for instance sells more stock online than us. Easyjet sell all of their tickets online. Both are no more correlated with Nasdaq than us or any other retailers.
I sense from your post contents that you are probably trying to trade this and others can draw their own conclusions so I shall leave you to it.
Irrespective of good and bad market days we know from updates that things are "normalising", Omicron, the cause of several of our headwinds, is now all but gone in the UK, Restrictions are all but gone, Cost Cutting measures are in place and we have also recently raised prices. All the right things.
The dips present opportunity.
Lets see where Joules is in 6, 12, 18 and 24 months down the line. I personally suspect several multiples of its present share price.
GL