Member Info for Peoplepower1

Yes, that's me, village idiot, trying to get investors to look at negative points.

Yes and that too trying to get investors to consider negative points as well as positive points.

Yes, that's me an absolute oddball trying to get investors to think about negative points and not only positive points.

You've made your choice here sj74, you can't speak for others.

Your choice is to take a huge risk in the hope of the Asos share price recovering.

Huge risk, your choice.

For me, it's more likely to go down to £3 than up to £12 or £15.

Too much competition now for Asos to grow, too much debt and too little profit, if any.

Treat investing in shares like a business, your business.

This will help you to consider the negative points and not rely on positive points.

Shares are "cheap" for a reason, because they're no longer growing, they are in debt and they're making no profits.

The present share price reflects the REVB business as it is now. The present share price could go even lower. There's no volume in Revb, shares because nobody wants them.

For your information, Mike Ashley has bought Asos, Boohoo, Currys, AO World, etc to get them to use the Frasers PLus Payment System instead of Klarna. Klarna is worth more than 30bn and Ashley wants a foot in this.

Asos, Boohoo, REVB have loads of competition now. Everybody is online, M&S, Next and it's very easy to set up an online business.

The chances of Boohoo, Asos and Revb turning around is huge. Huge risk, your choice.

Treat investing in shares like a business, your business.

This will help you to consider the negative points and not rely on positive points.

Shares are "cheap" for a reason, because they're no longer growing, they are in debt and they're making no profits.

The £50 share price was when Asos was growing, had no debt and was making profits.

The present share price reflects the Asos business as it is now. The present share price could go even lower. There's no volume in Asos, Boohoo, Revb, shares because nobody wants them.

Mike Ashley has bought Asos, Boohoo, Currys, AO World, etc to get them to use the Frasers PLus Payment System instead of Klarna. Klarna is worth more than 30bn and Ashley wants a foot in this.

Asos, Boohoo, REVB have loads of competition now. Everybody is online, M&S, Next and it's very easy to set up an online business.

The chances of Boohoo, Asos and Revb turning around is huge. Hence huge risk, your choice.

Huge risk, your choice.

And great loss comes from great risk too.

Hopefully, people are learning to read interim results and final results from a negative viewpoint.

Yes, I got it wrong about Boohoo. I've already said that. That was my confirmation bias. Positive points only were allowed. No negative points at all.

I am learning about positive points i.e. confirmation bias. So now I do my best to read the interim results and final results from a negative viewpoint.

This is all I'm trying to say. With any shares you hold or any shares you're thinking of buying read their interim results and final results from a negative viewpoint.

What if you're wrong?

Have you ever considered that you may be wrong?

I've changed.

Now, I am trying to learn from my mistakes and trying to help others to learn from my mistakes too.

Before, I was only interested in positive points about my shares, i.e. confirmation bias. I would behave the same as you all have on here to me. I was so sure I was right and anyone who posted anything negative was wrong.

I am now trying to learn from my own mistakes and pass what I've learnt onto others.

You can choose to learn from me or not.

It's your choice what you do with your hard earned money.

Learning how not to lose money on shares is about respect. Respecting yourself, your limitations and what you get wrong.

And another positive confirmation bias used is I must be a robot account.

We're fools to ourselves when we behave like this and won't consider any negative points whatsoever.

When it comes to shares and our hard earned money we must always challenge ourselves with the negative points.

Shares are about learning every day what we get wrong otherwise we'll continue to lose money on shares.

I know cos I've been there too many times.

Do you want to keep losing money on shares or do you want to learn how to make money on shares?

To make money on shares we must look at the negative points and stop kidding ourselves with positive points i.e. confirmation bias.

Wishing you every success with your shares.

You need to be looking at the revenue figures over the past three years and not prepandemic. This is more looking for positive confirmation bias and ignoring or dismissing the negative points.

I've been there, done it and learnt the hard way.

I've learnt to read final results and interim results from a negative viewpoint. I don't always get it right, I still make mistakes, I still try to kid myself.

Nobody wants to be proved wrong. If we don't read interim and final results from a negative viewpoint then we're being fools to ourselves.

Klarna is worth more £30bn, I would be spending £100m on shares to get a bit of this. Wouldn't you?

So much confirmation bias from too many on here. How much have you lost already on this share by not looking at the negative points and only looking for positive confirmation bias. I'm right everyone else is wrong.

Barclays have access to Barclaycard data and will be paying for data from other card payment companies and the likes of Klarna, etc.

It's about getting The Frasers Plus payment system into companies so more and more companies use it.

It's a starting point for Frasers.

Look for the negative points.

Knowbodyyouknow - they'll be looking at all sorts of statistics, online sales, results from other similar companies, etc., etc.

Start considering the negative points.