Member Info for LWHL

Short interest right now says 2.08%. Tomorrow of course is another day!

Pleasing to not have had the opportunity to add in the low 330's. Hopefully I will not now get the chance :)

You have put the mockers on us, Doggy100!

Hopefully we clear this seller soon. Annoying, because I thought we were going to form a new base around the 12p level again. Absolutely no idea where this is going in the short term! Never a dull moment on AIM :)

I agree. If we were seeing this price action on a string of strong market days, it might be somewhat different. Although even then, based on the 'known knowns' at the time of print, my current long position would not trouble me.

I am bearish on the macro stuff (not ASOS-specific), but feel my target price is achievable, even when allowing for this. That includes pending UK inflation data.

But clearly, I anticipated reaching that target before now, so cannot claim to have got a good 'feel' for this one!

I can afford to be patient though. The shares are not on margin, and I do not need that cash back at any particular time.

The next update will either demonstrate that the new strategy is working, which IMO will mean I get the opportunity to take profits, if it does not arise sooner, or it is not. In the latter case, things will likely get a bit spicy here. Maybe some changes in management. Maybe a company sale.

If this happens, the more optimistic bulls are not going to see the heady numbers thrown about here. I am not going to suggest a price in this instance either, because I have literally no idea. I doubt I would participate in a fund raise, so in this scenario, would probably eat the loss and move on. But now I am sounding de-rampy, which is not my intention, so let me sign off with 'long and strong' :)

Not really that long to wait and find out, either way.

100% agree, Phoenixy. Likewise for a negative update. That is why charts can only ever act as a guide, perhaps offering certain probabilities depending on they type of 'signal'.

IMO, best used when combined with a number of other things, not on their own - but opinions differ on this.

I would never claim to be much of a chartist (because I most certainly am not!) but have a look at the monthly and tell me I am wrong!

It might not play out of course. And I would be delighted if PJ was right and I did not get the chance to add further. This was, and still is, just a trade for me.

Anyway, let's see how things play out... GLA.

Yes. A clearer head and shoulders pattern I do not remember seeing.

If we do return to the low 330's, I will add a few more. But then I will be done buying at that point. GLA.

True. The price will probably drift back to sub 9p, maybe even back to 8p, while we wait for news.

Will take a view on whether I want to add a few more at that point. If that point comes, of course.

Good weekend all.

Hardly fair to suggest that those people who were voicing some concerns over the length of time that things were (and still are!) taking to get the MDA over the line do not have a clue.

I will watch the webinar over the weekend, but pleased that it seems to have had a positive influence on sentiment.

Have a good weekend all.

When you also consider that there are less than 58 million shares in issue, and a fairly small free float too, IMO any good news is unlikely to lead to a gradual rise in the SP either.

Absolutely high risk unless/until the BOD deliver, in case I am in danger of straying into ramping territory, but these are some of the things to be aware of, IMO.

Just some profit-taking IMO.

If we can hold the 360p region, then hopefully another push next week back up to the 390p area and then onto 4 quid, as long as the macro stuff holds up.

I am staggered that we have not had any TR-1's of late. Hey ho.

Well, sadly I was right that it was indeed going lower. Must listen to my sage, rather than my impatient, side!

Going to watch and wait before perhaps taking a final small tranche here.

This is a planned LTH for me and fingers crossed good management discipline will see them return to better times at some point...but for now, IMO, this could go a lot lower still in the months ahead. So, no rush to add, in my opinion. GLA.

I agree. Steady progress, it reads. Which is splendid news, as far as I am concerned.

Not looking to add further at this point, but only because I have pretty much reached the limit of cash reserves that I want to retain for stock market stuff.

If one or more of my other in play trades reach my target price, then I may well put some of that capital to work here. So in that sense, I would be quite happy for it to remain range bound for a bit longer :)

As long as the macro stuff holds up, I can see this one making a gradual rise back up to the early/mid 150's, then we will see how it responds to a first test of the 200 DMA.

For those with capital to deploy now, IMO you could do worse than consider this name.

But not investment advice of course, I could easily be wrong, DYOR, etc etc. GLA.

Well, I am pleased to see another inside buy here.

Whether we shareholders win or lose at the end of the day, I for one feel far more respect for them than the boat loads of AIM lifestyle directors who refuse to put their hand in their pocket.

I retain full faith in the management and continue to back them to deliver! GLA.

Looks like good timing, Mary. I almost bought back in myself last week for a trade, but trying to keep enough dry powder.

So many potentially good deals right now across the market.

I would rather that they had not mentioned the dividend at this point. IMO, better to get that contract dispute settled first. As I alluded to when the last update was released, I am not sure it would be wise to poke that bear if the decision does not go in the company's favour. IMO, better to eat the loss if needed and focus on winning new business, with better cost management/forecasting.

It would delay the reintroduction of a dividend, I appreciate that, but with this type of outfit, it is surely all about a long term vision and horizon?

Still on my watch list though, although I appreciate that I may not get a satisfactory entry point now. GLA.

It certainly makes a nice change from the past week or so.

I am inclined to agree with the poster who recently suggested that it was perhaps bored retail sellers driving the price down when the 'pop' did not happen quickly enough for them.

Who knows? What we do know, is this one has a reasonably small free float (especially when you consider the sticky hands element), a strategy to clear old lines that seems to be doing very well, and similar operations that appear to be on the up too, offering a sentiment read-across here.

So hopefully we do get back to that 420p range in short order (418p now being the 50 DMA).

After that, I think I am right in suggesting that the next resistance area will be around 450p-ish. Does not seem to be much holding us back then to 5 quid IMO - but we all know the foolishness of looking too far ahead when it comes to the markets, so will leave it there! GLA.

I wish you every luck in your efforts, D-Y.

While it is too late for me, I hope you manage to salvage something here.

Thursday indeed better be good.

Well, perhaps. Certainly hope that 300K seller at 8.70p is not making a wiser decision than those of us who are staying put!

Did you get a reply, Definitely-Yes?

Still no insider buying here I note.

I would be ashamed of my lack of achievement if I were any of the BOD here. I would probably feel compelled to buy some, just to assuage the guilt and embarrassment of my failure, if I were them.

Absolute clowns.

IMO, naturally.

Quite so :)