Member Info for Peoplepower1

West6809 - who do you think puts shares into the closing auctions, the UTs?

West6809 I didn't say anything about the highest or lowest price for auctions.

Auctions are based on supply and demand and it is this that sets the uncrossing price.

The Watcher2022 - if t4g had listened to pedro61 etc at 320p for his 40,000 shares then he would have been in the money at about £130,000. Instead he held onto this shares all the way down to 32p and even bought more at about £3 and £2.

Oke - so desperate to get the Boohoo share price up.

How this could affect Boohoo.

Aarin Chiekrie, equity analyst, Hargreaves Lansdown:

“ASOS has had a rough ride lately. With net debt and cash flows both rising earlier this year, it had to resort to raising around £80m of new funds by issuing new equity shares. This isn’t usually a good sign, as it waters down existing shareholders’ stake in the company. However, the cash injection has provided some wiggle room to execute the ongoing transformation, so we’ll be looking out for early signs that it’s bearing fruit in next week’s trading update.

With revenue declining at double-digit rates in the third quarter, profitability rather than growth is now the order of the day at ASOS [LON:ASC]. Resources are being reallocated away from the US, where extensive investment has so far yielded weak results. Costs are getting stripped back too, with the group on track to hit its cost-saving target of £300m last we heard. These actions should stem the financial bleeding to some degree, so keeping a close eye for more guidance on where full-year profits are expected to land.”

West6809 - you need to talk to a real broker about UTs

Volume of shares throughout the trading day, the volume of the UT for the closing auction at the end of the day, the share price going down, these are all such important indicators for the shares you're invested in. Hence why it's so important to understand them and never take on board the lack of understanding of what these mean i.e. the hysteria about them.

West6809 - another one who needs to talk to a real broker. You've no idea how the share market and UTs work.

I can't believe people invest in shares without knowing all this.

Pipedreamer - consensus estimate from all brokers' analysts for end of year 2024 is for a net loss of £18m for Boohoo.

T4g - you're always spamming this board with nonsense. Try talking to a real broker instead of believing your own hysteria.

T4g - you ought to know by now that the closing auction for the end of the day UT are the shares the market makers couldn't sell during the day.

The higher the UT means the lack of buyers for them during the day.

Pipedreamer - as they say, squiggly lines can often tell you what's happening before the fundamentals catch up with them.

Never discount nor dismiss the squiggly lines.

Https://shorttracker.co.uk

ASOS and Boohoo in number 1 and 2 positions at present for most shorted shares.

Online clothing retailers edge lower after the latest UK retail sales data. According to the Office for National Statistics, non-store retailing - a category mostly comprising online retailers - fell on a monthly basis in August, getting a boost from the wet weather and a range of promotions in July. Overall retail sales ticked up, led by growth in food stores and non-food stores.

WeeWee - exactly why you think you know everything. The first thing you must always look at are the negative issues for a share and then positive issues. All you've done is think you're right when you's so wrong.

I'm not trying to persuade anyone to do anything. I'm trying to inform them. You wouldn't understand that because you're obviously not philanthropic in any way.

WeeWee - there you go again. You don't have the ability to think about both sides. Wage inflation is also causing unemployment which means no job and no money for some.

You must always be able to see and consider both sides of the coin for anything.

WeeWee - again ,you never read posts properly because you think you know everything. I never mentioned the word transaction.

Go away, you're wasting my valuable time yet again and everyone's time on here.

WeeWee - The volume is the amount of shares sold into the market and bought from the market. Try talking to a real broker.

WeeWee - you read finance and you think that's the be all and end all. It's obvious from your posts and choice of shares like Boohoo that you've no idea about the share market. You've read no books whatsoever on investing.

WeeWee - more boring stuff. Interest rates are expected to stay high to the end of 2024. Coming down is deflation, who'd thought that.

Petrol prices going up, heating prices going up for the winter. That is going to have much more effect on people's pockets.

Stop being so patronising and thinking you know everything. You're the one holding Boohoo shares based solely on their accounts and that there's enough to go round in the pie.

Nobody on here should listen to you at all.