Member Info for Mikehr1991

Thanks for your input ff. Do you see the 132 likely to break or think we are going to have a retrace to mid to low 120s? I can’t see us breaking 137s until some solid results are posted. Did we come to a conclusion on when the results are release?

Disappointing day on the back of good results again. Thought we would see a nice uplift after the mess of Friday with the global outage.

What is going to get this back to 6p? Frustrating just bouncing around the 4s. And if we can’t push above 5 after the results were is this going in the short-medium term? Is there any positive news we are waiting on?

I agree with Lee what DB needs to do a few interviews a push the company out there. Still doing a Stella job but we’re still under the radar

When specifically is the august update? I’ve just looked on stockpedia it says 25th September is the next update we are due.

Looking forward to this one as I’ve 50 percent of my portfolio here now

When is the Next update? On stockpedia it says we was due on today?

Dropped below resistance today. Aim stocks have been taking a beating recently though. Hopefully it finds it feet and starts climbing soon.

Are we going to have a bounce from here? This proves a major resistance point.

Is there a big seller that’s driving the price down? Hopefully this is the end of the drop

Interesting predictions. I sold most of my holding my 135s, If we are guessing I reckon it’ll hit 120 then bounce from there. It’s inbetween range at the moment with next resistance around 120. I’m buying big if/when it hits that. If it doesn’t I’ll leave my money out of it and wait for another opportunity. Key is to nail your entry point. Good luck everyone

Loading up at the moment at these prices, also using a bit of play money swing trading it just for some fun. Buying at 3.7 and sell over 4.2 ish. Nice 15 percent profit over a few days back on the last drop. All for fun of course, this is still my largest holding though, hoping there’s no more negative news that comes from Mtl over the next few months. I reckon we’re primed for a big jump up in next few weeks. Aim stocks tend to do this. Reminds me of volex few months ago and now it’s soaring

Still holding on but basically at my average now after buying in the high 5s last week. Dissaponting to be honest as Im usually keen to take profits. I really don’t see the big deal regarding the debt, easily covered and won’t make a dent. If we get break below 3.3 I’d be more worried. I’m sure we will see this a an excellent buying opportunity looking back. Good luck all

FF2- thanks for the info as always good to have someone so knowledgeable posting.

My view is to hold until 170s but if we get some big spikes I may try dipping in and out. I have no doubt about this stock, it’s proved itself several times over now and so much better quality than a lot of other uk retailers too. I trust them on the recent aquisition, the bod know what they are doing.

Let’s hope the ratings and shorted don’t hold it down for too long

Outstanding update.

Happy Monday everyone, future is looking good.

It is frustrating but not bad as it may seem. Typically bought almost double my holding in the 5s, but looking at the charts 4.4 should provide strong resistance, the price has fluctuated round this area lots in the past. I think I’ll buy a load more if we do drop to that level. I’m in here for the long run anyway. Looking forward to the update, hopefully they’ll be only pleasant surpises, but even then like lots of stocks, solid results get posted and the stock nose dives only to see it bounce back even higher a few weeks later. Anything can happen.

Annoying the spread is rather large, which is probably a good thing as I don’t bother trading it like I would some of the other stocks that are volatile like JD at the moment

Good luck everybody :)

Glad you’ve all kissed and made up :)

Predictions for where this is going?

I’m very heavy in a few stocks at the moment, jd been one of them and the other a gold miner. Both doing well but I’m interested what everyone else has there eye on?

For me tcap look enticing at these prices.

Indeed it did Jamesss. But how has it innovated? It’s the same company it was in 2010, still selling clothes online. But guess what? Now everyone’s doing it. How can asos stand out in this market? It’s impossible. They aren’t cheap compared to SHEIN, temu, and vinted. You’ve got a saturated market. I ordered last week online, found it cheaper in the hut group so went there.

Roberto is right you should listen to him if you won’t listen to me :)

stocks fall out of fashion, MM will keep this down forever. You say you’re in for the long term, why not just jump back in when there’s green shoots and the stock price starts noticeably rising? solid consistent results then it might be worth it. Last 2 updates not even seen 400p

I personally have enjoyed reading your posts lord, also the others on here that interact. I am Interested into how you get your numbers, I know we all trade and invest in different ways but sure does make it fun and always good to learn from others.

I do like to make a quick buck and sel when I can, however not been able to nail this too wel. I sold at 131 and bought back 123 and 116.

Where does it go from here? What’s the next resistance for a nice swing trade?

Spot on Lee couldn’t have put it better myself. FIAT will continue to be de valued, unlike gold where the supply isn’t endless.

Are we due an update this week?

I’ve just added today’s dip.

Have a great day :)

Blabla good to see you have had the sense to get out.

James, you merely have hope, not answers. This is not enough to raise the stock price. Keep dreaming mate.

I’m going now but I’ll keep popping by now and again to see how you guys are doing.

Best thing you can hope for is a take over. Again, hope.

Bye

James you never answered my question either. Declining revenues and a huge debt pile isn’t good for the stock price. So how are they going to make a dent while increasing profits? There’s so many head winds here. You guys are crazy

Says the guy balls deep in an awful stock. How’s that 10 year chart looking mate? You keeping going down!

I’ll put it in more simple terms

Would you choose to swim with the current or against it?

Morning sj have a good day fella :)