RE: Leases for London Offices Increasing27 Jun 2022 23:17
I can see I got some brain matter working.
Jongle - ASOS is on the FTSE250 hence the SD. BOO if you ever invested (chat trap) doesn't have SD charged on an AIM listing. Hedge funds may be able to mitigate the SD - https://www.investopedia.com/articles/investing/101415/2-ways-hedge-funds-avoid-paying-taxes.asp whereas UK investors playing alongside the Shorters get stuck with a disadvantage of having the SD charge on each purchase which eats the margins.
ASOS is currently a better Shorting stock than BOO (ASOS may fall just as hard). ASOS lost 50% of stock price in 10 days this month & may touch the 500s.
Goldenyears - Companies don't expand without an investment strategy as cheap funding would not be made available. BOO has access to cash for the medium term.
T4G - Its all friends & networks in high places I'm guessing. Looking at some other shorted stocks around the world, there are some eye watering percentages of shorted stocks , some at nearly 40%. A shorter on BOO doesn't have to work to hard to drop the SP by 0.5% or more in a day EG. 60p - 0.5% = 59.7p BOO can swing 5p either way in a day & it may explain the sequences of Autotrades we see all day long. Some short positions are only one day.
I just play on the field with whichever game is being played. Good luck to anyone using tried & tested methods, I feel you maybe hanging on to stocks in hope. Stocks are just tools, nothing more. Have a large portfolio of stocks that you monitor but only work on three at a time. A long hold just means you like watching the sun go down , not many trading over the age of 80.
BUT BOO is a good HOLD or BUY at this moment. Time will tell and BOO DOG Daytradenovice will be barking like a Jack Russell when he sniffs the good stuff.