Member Info for Mikehr1991

I did get my order in bit higher at 368 but still happy, going to sell soon as it hits 380s. Easy to trade this one, don’t see much down unless results are awful. Which they probably will be

What a crazy share. I’ve been following from the 70p but only made a small investment and ended up basically trading it up until around 150p. I went back in with a reasonable amount and From then I’ve been selling off small amount forms around 290 mark. I think I’ll just hold on now and sell some more at 400p and find something else. If only I’d of held I’d probably have a extra 20k now lol

This is such a bargain at anything under 140. I’m going to keep topping up on this, such a good stock to hold so glad it took this nose dive what an opportunity

This stock is so predictable it’s crazy. I took a position, against my word at 370, sold at the first possible chance last week at 387. Nice easy profit, but this piece of junk is just not worth holding onto. I’m aiming for another buy around 362, if it doesn’t get filled then so be it. Even taking a position 370-80 range is easy money if you just want a short to medium term hold. Always finds it way bsck to 400 before falling again.

Glad I stuck with RR in the end though and just used this to play with, I think a lot of people have done very well in the end from it. Looking for my next multi bagger, eyes on MTL, RNO and KGH

I missed the large sell orders we had last week the dragged the price down. Today was a nice day, it seems going off the charts 2.5 provides healthy resistance, so I’ll be buying more if we get another chance which no doubt we will. Happy either way.

I could resist either and took some more shortly after my last post. Slightly more than I feel comfortable holding in one stock actually but since it’s dropped down to 2.5p again I couldn’t turn the opportunity down. If it drops futher I’ll keep averaging down but I expect to see a shoot up from 2.5s again!

What’s holding this back? It’s clear we’re going to be debt free soon, darran has also stated he intends to focus on rewarding the share holders going forward. Golds been hitting ath, and there’s a clear vision for the mine. We can’t seem to break and hold above the low 3s. I know this is resistance but surely we should be going above now

Hmm maybe because it’s a quality stock that is trading at a forward pe of 7.

I’ve been in it for the last year, sold at 168 with a 30 percent gain, then it dipped shortly after. Back in now at 117 average.

Honestly I hope asos recovers just as much as you. But I’ve watched my money do nothing for a long time in asos, I’ve traded it now and again but there’s just not enough volume right now.

Let’s hope for some good news soon. I see jd appeal to more of a lucrative consumer hence why I’d chose them currently.

Hope I’m wrong about asos though!

Nope, I’d rather not buy at all until next update if there’s some good news. If you invested 1 year ago where would you be now? 6 months ago? Still in the red. In that time you could of put into s&p 500 and get 15 percent or more

It has though, I agree 3.5bn sales isnt a small amount. Still a shame they can turn much of that into a profit. Why do you think the share price is on its knees? There’s a time when have to cut ties, sorry you’ve been holding bags for so long.

My point was that, the sizing varies so much from brand to brand, people order several items and just send stuff back cause they can, and for free! Im hoping for good results but expecting it to be terrible. Thing is when asos was at ath, it was revolutionary, no one else was doing it, not every man and his dog are selling clothes online, including shops on Instagram, thg, vinted, boo, shein just to name a few. Good luck, don’t let the bags cut your blood supply off

Did some shopping on asos yesterday due to the 20% off. 70 % of the items are all sold out in normal sizes. 20% off when margins are incredibly tight is a recipe for disaster. This is the only time I shop at asos when there’s a code on, I’ve ordered 3 items but will more than likely send 1-2 of them back as I’m inbeteeen sizing. The model as a whole doesn’t work, there’s too much competition now. Lots of folk I know use vinted for cheap clothes. Asos has had its day. No doubt the price will see swings on macro events but as a whole I don’t think we can expect to be seeing £10+ again. Hope I’m wrong as I’ve been in and out of this more times than anyone. But for now I’m out and putting my money into jd which is a excellent buisness than makes real profits

Asos is one to trade and not Lth for sure. The comments about the bod not buying has got me wondering that these results are going to be poor. JD dropped hard recently and lots of inside buying has been going out. I’m out of here for one last time, I’m only buying in if we hit the 350s again for a quick trade, if not I’ll be tempted if the results are good. Unlikely though, this stock really is a dog.

Price took a dive, dropped below the 370s, we need to nail this next update in March, hopefully Jose has managed to streamline the buisness, if it’s poor I don’t know where the price will end up. But I think it should fly if things are positive

Hard to say no at these prices. This stock keeps pulling me in, I only posted not so long back saying im totally out. I’ve been in and out since a few times in the 370s. Took a big position today, not sure whether to trade it for a 3-4 percent win or wait for 420 level again. Either way st these prices there’s more potential for up side than the down. Gla

Going to get out fully when I can on this junk stock! Ive always kept a small holding, and played with a bit too thankfully, and always managed to average down! I’ve had enough of it now and going to go into jd for a good value retail stock that’s profitable. I ordered more clothes off asos over the weekend, both items fit horribly so again will have to return, this is no way to run a good buisness.

GLA I’d love to see this up at £10 again but I’m loosing hope!

Don’t think anyone really predicted a drop this big, sold half my holding at even 420p so mad that I didn’t bin it all. Anyway back in with the other half at 377 to see my average just below 400. Will top up more if it goes below 370 but I really can’t see that happening?? We have bounced off 370 a lot of times now.

Also took a bite of jd this morning too, thankfully got stopped out of my previous holding at 170 there, not sure what to expect with that one either short term. 20 percent is a wild drop in one day.

Cmon asos pull yourself together

General observations I’ve made over the Christmas period

1. So many items are out of stock, I set a notification when it returns but they all immediately sell out. Surely this is positive.

2. I did manage to order a few cheaper items. 1 of the items was only 9 quid and I had to send it back as it didn’t fit. I’ve had to do this a few times now, a buisness cannot operate like this, let hope people keep more than they send back. I really think they need to increase postage costs to stop people ordering loads and just sending back whatever they don’t like.

420s are holding a steady resistance, but I think we’ll drift in this channel from 420s to 440s until the next update

4. If the next update isn’t strong I think the sp is dead for a long time

Agreed. With the negative postings from Nike, I think we’re going to bounce off 400 again soon enough.

We’ve been in this sitauation many times up at 440 only to come back down to the 300s again. Sold up for now going to get back in when it drops some now

In all the time I’ve been on lse I’ve never seen anything so ridiculous in my life.

Also we have heard of google translate!

Have a good day, GLA