RE: Leicester Police clear Boohoo23 Jul 2020 15:53
Totally ridic.
"Leicester police clear Boohoo". It's laughable.
I am heavily invested in Boohoo and totally believe in the business fundamentals. It's a good business.
However, lets be realistic, until September, it is likely we could be hovering around this price point. That's ok with me, as i am confident about long term prospects. Yes there should be no reason why it can't get back to 350 (as it was a few weeks ago), but confidence is a major factor in any share price and sometimes, SP don't always go by fundamentals. So until investor confidence is back (and it will be, unless more news breaks) - can we stop unnecessary ramping!
Same goes for de-ramping... it's just silly and blindly obvious. The business numbers will speak for itself and bring back that confidence.