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Within minutes would be great. Time to move up a gear. 90p March target.
PMI data coming out 09:30am & may show some positives.
https://www.pmi.spglobal.com/Public/Release/PressReleases
Firms are spending, growing but margins are hit.

Bank of America is buying into retail - follow the money.
https://www.bnnbloomberg.ca/bofa-says-it-s-a-buyer-of-worst-hit-european-online-retailers-1.1872752

Retail sales down 1% in December.
https://www.youtube.com/watch?v=wpLHWsiPeYA (SKY NEWS)

Sooner the SP get to 60p the better as the pie throwing may turn into pie munching.

Predicting a drop with most shares is easy as most will drop in this market with weary investors.
BOO's drop today is controlled by the MMs. They done well, maximised volume & dropped the SP at the same time but not to create fear & panic. An incredible amount of BUYS for no SP gain.
If they chose to add value to the SP then a 10% gain would have been the result but the negative feeds one the day.
So what for next week. No news expected therefore it will trade on perceived value 0.5~0.6B to some. 2B to others.
On to February 28th and the expectation of a 12% drop YOY in revenue will likely repeat todays experience. In the mean time, SP is expected to regain todays loses & hover around the 50s. Anything higher will depend on events but interest rate rises will slow progress.
Spring collections will brighten moods.

50p is much closer to the current price than your 20s or 30s.
BUYS are flooding in & outpacing SELLS at 3:1
MMs just stuck the SP in reverse gear to pick up volume. Direction will change by 11am

The only good points I would take from the trading update are the following:
The management focus is on improving operations.
Reduction in inventories - probably means suppliers are under tight control or production runs are smaller (higher cost).
Debt is minimised.
And the thorn in the BOO is profits are down. A comparison to 2020 does not help.

Still onwards & upwards. Inflation & recession worries are abound to suppress activity.

Well if those thought it was bad news, the drop in SP didn't play out.
A 5% discount for newbees. Only going upwards this week. ASOS also down 4%.
SP likely to be much higher by the end of the week.

https://www.thisismoney.co.uk/money/markets/article-11652409/BUSINESS-LIVE-Dr-Martens-profit-warning-Deliveroo-nears-breakeven.html

Year 2022 - both trading updates concluded a 10-13% drop in profits.
Going forward looks good & so it does.
As for the SP 48p or higher looking at the OB at present

I didn't see BG yesterday but today opened with a 0.52% short - raising the shorts to 4.71%
They bought in at 48.07p & I would think they would have exited today - chancers.

Some trades going for 47.7p after hours .
Anything like ASOS TU then we could see a 10% or more on today's close. Equally aware SP can do 10% down but the thinking is stars & rockets and not smoke & mirrors.

BOO ain't for fairies

https://www.fool.co.uk/2023/01/17/is-the-boohoo-share-price-a-bargain-in-plain-sight/

Just in case anyone missed a fools report this morning.

Dice are rolling. Big trades expected after hours & the price won't go low enough for some.

There is a wiff of positivity in the news
https://www.proactiveinvestors.co.uk/companies/news/1003695/deliveroo-boohoo-and-frontier-developments-results-thursday-s-agenda-1003695.html
Could be, could really be... surely not!

I bought more at 47.6p.
Will see tomorrow if I'm in the happy clouds or on the suckers list.

Must be - their chatterbox lines have bit the dust like the Dinos' - fossilised!

SP not going up easily.
Although trade volume is below average (11M) trades are speeding up.
I have a feeling tomorrow will break the mold. 60p on its way.

Surge is coming from two directions. The next hour will be fun.
If large investors are going to back BOO now is the time.

Marshall Wace now down 0.01% to 0.89%
Top five are hanging in like icicles - a bit more heat & they will finally drop.

Using T4G well used line - "Trading update will be in line with guidance". So we should not expect anything above or below without another RNS.
Share price should go in to orbit, so we hope but that's speculating. Often the SP drops on trading updates with BOO. I don't see Shorts reducing unless they do so Wednesday.
SP could go in any direction having monitored this since 250p. 47p was a good move up. 55p is the test for Wednesday. If we get to 60p then we follow ASOS up the blue river. Shorts are betting BOO repeats is past record of a drop on Thursday. Since most Shorts opened in the range of 33 to 51p and most have a losing hand for their current position and they can quite easily open with a new position to cover any open position. By 3pm we should know where BOO is heading.

Bonanza could have been better if the rail infrastructure was there.
https://www.economist.com/middle-east-and-africa/2023/01/17/south-africas-disintegrating-freight-railway-is-crippling-firms.
At this SP low its a no brainer not to load up.