Member Info for Loveapoundnote

Yes it is. Fingers crossed for a blue day.

I agree with the 341 support price, but the ideal that they will try to hit 385 resistance with all this negative publicity is just the dribblings of a technical analyst who doesn't look up to see the real world. There is no way that the price will be going up to challenge previous reistance given the current ****storm surrounding the company.

I'm not at all convinced about that.

Angus do not pay £400k in office space. This is shoddy analysis and a poor grasp of reading financials.

This is only a short term hit. Bohoo will definitely recover and power on. The slave factory can only have been supplying a small fraction of their stock so I don't think that it will impact on margins.

The key thing is whether the social media boycott takes hold amid the millennials. That is the bit that will have a long term impact. However, I think that when offered the choice between ethics or cheap fashion most customers will throw ethics out of the window.

A few big questions IMO.

1) Do the Times have any further stories to run as follow-ups.?
2) Will the boycotts talked about on social media actually translate into sales?
3) Will the city see this as an opportunity to go short on Bohoo?

I got in at 341 this morning but am still keeping some powder dry in case we move to a lower trading level.

Agreed - with SS at the wheel UKOG will continue to go backwards. The company needs complete new blood across the board.

There are hundreds of companies and top scientists working on novel battery types at the moment. It is inevitable that an alternative battery type will come out over the next few years. There will still be a place for oil but electric cars are certainly the future.

Well I hope that nobody listened to the ramper Peoplepower1 who claimed yesterday that there would be no drop today.

It may be worth waiting a few days to buy in though to make sure that the market has completely priced in the effects of this PR disaster and be sure that the new level is where it will stay.

Well the fact that Peoplepower1 has now four or five times refused to answer the simple yes no question as to whether he thinks that the BooHoo share price will go down on Monday clearly shows that he is out to mislead people IMO.

The share price is 100% going down tomorrow. It will oversell and then come back a bit while finding a new lower trading level. This should happen by about 9.30 - 10am. From then on as long as all of the bad news is out of the way and The Times have not kept any further details back for follow-up stories then it should level off. This will be the buying opportunity.

Over the course of the next couple of months the share will then recover and as soon as people have forgotten about this (which they will) and sales figures show that they have rebounded then it will come back to where it is today and potentially beyond.

This is what always happens in these situations.

PP - If you care so much abouit people why will you not answer the question:

Will the Bohoo share price go down tomorrow?

Yes or No answer please?

If you are genuinely trying to help people then you will not ignore this perfectly civil question.

Bohoo will never have a market capitalisation of $100 billion.
The share price will go down tomorrow.
Stop trying to mislead people.

Right, so you are claiming that someone who invests in Boohoo today with the same £97k that you started with will make millions?

Let's say that you only mean two million this means that the share price of Boohoo would have to increase from £3.87 to £77.40. This means that the market cap of Bohoo would be £100 billion. That is clearly nonsense.

You are deluded. You are deliberately misleading people. You know as well as I do that the share price will crash tomorrow,

But these people who have invested in Boohoo now will not see the same returns that you have as they have bought in a much higher price. They can use the opportunity to swing trade the stock but you want to deny this to them by prentending that the price will not go down on Monday. It will. You know it and I know it.

A 20% fall on Monday will cost you £279,000 in paper profit. That is what this is really about.

"Could be then that Boos sp goes down for a bit the Shorters make loads of cash, all the work goes abroad, mass unemployment in Leicester, illegal immigrants deported, a few fines handed out and the do-gooders of the left wing press claim the moral high ground?"

YES! That is exactly what is going to happen.

I am genuinely happy for you Peoplepower1 - that is a great return on your investment.

However, for those of us who wish to make smaller but quicker money the share price drop that is coming on Monday will be an opportunity to do that.

I do not understand why you are so angry with me for pointing out what is going to happen. I have consistently said that long term this is a good stock but that Monday is going to be a bloodbath. You cannot even admit that the share price will go down tomorrow. Why?

If you are so confident in this share then why are you so desperate to deny that there will be a share price crash on Monday.

I have never said anything about the share price in 20 years yet you bang on about it constantly.

Who even cares what the share price will be in 20 years when you can make money out of this on Monday? And if you are so confident about the share price in 20 years then why are you denying that it will crash on Monday? Your position makes absolutely no sense unless you are deliberately trying to mislead people.

Have you even heard of short selling a stock?

Why won't you answer the question about the share price on Monday? It's because you know as well as I do that it is going down hard.

Why do you want to stop honest investors making money out of this happening?

Loveapoundnote - Do you think that the share price will go down on Monday?