Member Info for nevergonnaretire

Anyone got seeking alpha subscription as another new piece on asos available today...?

Looks like velos prediction is coming true... bottom forming once again!

Boohoo shorts down a little bit more again.. after hours chunky again.. can we drop towards 5% for Christmas... :)

.. most is old news of stock write downs, inventory reductions and reduced suplier lead times.. I wonder why this has been printed now...?
https://www.proactiveinvestors.co.uk/companies/news/1001237/asos-begins-turnaround-with-100mln-stock-write-off-1001237.html

'Boohoo shares rebound' - short reduction.. Asos next...?

A lot going on today, I smell a reduction in shorting tomorrow.. :)

lol know...

And when will the end of the war be..? Next month, next year..? I am honestly keen to know as i have shares that are reliant on this happening..? The war is at stalemate and minimal will happen over the colder period other than consolidation and re supply.. it could be spring or even summer when we see action to either resolve or another 100,000 russian troops sent to the front..
Point is cold weather, really cold weather and outstanding restrictions on gas supplies coupled with China beginning to re open their gates thus learning to live with covid will surely then start to soak up any excess coal supplies on the market, I think somewhere around 250usd upwards will be the stabilisation price to work with..
This share is stupidly cheap, plus comes with a meteoric dividend.. no brainer for next 12 months imo.

Why would the results be seen as negative...?

New seeking alpha report, a good read..

https://seekingalpha.com/article/4562402-asos-overly-beaten-down-online-retailer-robust-margin-of-safety?mailingid=29894854&messageid=must_reads&serial=29894854.3580368&utm_campaign=Must%2BReads%2BDecember%2B5%2C%2B2022&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

What are they banking on...? This isn't one for you Simon.. :)

Can I have what you're smoking Claire... :)

Keep trying to talk this down Simon.. I thought I was going to get more under 600p this morning, maybe soon eh..?
3rd bounce off the 50dma!

Where will the pivot point be for ASC..? We may see 5's again before the upward movement takes place!
There's been 2 attacks on the 50DMA and it's bounced twice, will it survive a third attempt.. Will it push hard north.. Time for some words from Treacle..

https://invezz.com/news/2022/11/25/asos-share-price-is-down-by-90-from-ath-is-it-safe-to-buy/

Reasonably positive for the longer term..

It's not even a complete report, they draw you in with minimal detail, then you have to pay for any content, which no doubt is the same as has already been read on here!

... so much for inflation.. fuel now will be where it was before the war started back in January.. the rest of petrol forecourts will follow suit.. we all know where inflation is going from here.. Well, most of us anyway.. :)

Seeing a lot more negative posts on this share in last week or so... must be time for an upward re-rate.. :)

What mammoth drop..? Thought that had already happened- 1500+ to 450..? Scare mongering!
Worst case all but priced in, good luck trying to get back in @ 400s and 500s

Increased back over 7% again.. short term volatility will grip this share because of shorts + high inflation, before the next leg up to double figures.. in the new year when inflation eases imo.
Still sticking with my £8.50 by Xmas.. :)