RE: Question No Fear19 Jan 2022 11:17
Good Morning Pipedreamer,
My 87p figure has been worked on the base of other stocks that I've been personally involved over the last two years of trading. There is a similar trading trend now found in stocks like BooHoo, Deliveroo and THG Holdings stocks. It would be a matter of sooner rather than later for these stocks share prices to come further down and with today Jupiter halfing their Boohoo investment, it's very clear that my last night comment was starting to come to reality for all the boo longs nay-sayers. Patience it's the key for anyone who want to top up and average their current Boo investment or are yet to invest. Don't fear missing out as you'll get an opportunity to buy further down as we get close to 99p. Moreover, my even lower figure of 67p it would a very hard to buy at for most would investors as its beyond most reach. So, ideally aim for between 87 and 89p as your base price entry. As I said yesterday, some investment funds currently in BooHoo will probably decide to cut their losses and take their money elsewhere or wait for their funds to devalue even further. Best of luck and don't fall for any FOMO in boo as its yet to fall sub 99p.Cheers.NoFear.(*__*).
[EUROPE RESEARCH ROUNDUP]
Jan 19 (Reuters) – Securities analysts revised their ratings and price targets on Boohoo.
Boohoo : Goldman Sachs cuts target price to 190p from 210p