Member Info for Peoplepower1

Scb - admitting your mistakes is much more important than a simple figure.

Sadly you won't admit your mistakes and try to learn a bit from them.

You bought Boohoo shares at £2 and have held onto them ever since.

Had you sold your Boohoo shares when they went down 7% from £2 you would have loads more money.

A paper loss is still a loss.

A huge paper loss is still a huge loss.

They are all losses whether or paper or realised in cash.

Scb - hence why I'm doing my best to help people on here not make the same mistakes as me.

If you buy a share and it goes down 7% then sell it and cut your losses. You can get back in.

If you buy a share, it goes up, you hold it and it goes down 7% from its highest price, then sell it and pocket your profits.

I am trying to help people learn from my mistakes.

We can only learn from our mistakes if we admit them.

Nothing can be clearly a buy or sell depending on what's around them. The trade may have taken place earlier and be reported later. You must never depend on this website for buys or sells.

The London Stock Exchange doesn't allow share trades to be recorded as buys or sells.

So this website has to guess whether or not a trade is a buy or sell so never rely on this website's guesses for trades.

The 300,000 at 33.42p could easily be a sell too.

Sadly level5 the only one who needs pills is you.

They may help you to see the light before you lose all your hard earned money.

Level5 - when will you learn?

When Boohoo goes to nothing??

It's not manipulation.

High volume, lower share price means more sellers.

It's so obvious to those who can see and want to see the truth.

Those who don't will lose more and more of their hard earned money.

Get off these chatboards and read some books on investing then you might learn a little bit about how the share market really works.

The most important lesson is to learn from your mistakes.

If you can't admit your mistakes, then think of alcoholics and how they end up with nothing.

I'm trying to help you here.

Funds use computerised trend systems to make decisions for their longs and shorts on global markets.

Funds invest in shares, commodities, forex, interest rates, etc. etc on global markets hence why they use computerised trend systems to help them.

The Boohoo trend is down and looks like it's going down further.

Try to learn a little bit about trends by looking at the Boohoo share price chart.

It doesn't take a genius to work out the Boohoo share price is going down more and more.

Https://www.investingcube.com/boohoo-share-price-forecast-bearish-pattern-predicts-14p/

I said never dismiss 20p for the Boohoo share price.

Now, it looks like it might even go as low as 14p.

Try to learn a little bit even from chartists.

if you buy a share and it goes down 7%, then sell it quick and cut your losses.

If you hold a share and it goes down 7% from its highest price, then sell it quick and pocket your profits.

If the volume is high and the price goes lower then it means more sellers and it could go lower and lower.

I suggest you stop posting such damaging posts.

When will you learn?

People have lost 25% of their hard earned money with posts like this from you.

Stop it now.

Never try to buy at what you think is the bottom.

The share price can go much lower than you'd ever imagine.

Thinking about losing money focuses your mind much better than hoping you're going to make a fortune.

Level5 - this is going down further.

The trend is down and it's going down further.

Look at the trend.

Try to learn a little bit about trends.

You live too much in hope and leave yourself wide open to lose your hard earned money.

Waken up and realise Boohoo is going down more and more.

And if you look at the volume on this website for today it also says 21m.

Go to the London Stock Exchange website because this lse (london south east) website is totally unreliable.

I can't believe you don't understand this and are so easily taken in.

It's not complicated. It's not market makers, funds, shorters etc. It's simply more sellers than buyers. The price is going down.

Boohoo is only surviving. There's more and more competition out there. No-one knows if Boohoo will ever become profitable again.

Expanding a business too quickly by taking on so many brands can be the end for some companies.

Boohoo has lost focus.

In the beginning about 2015 Boohoo was a growing business. This lasted to about 2020 and since then it's been going downhill.

The first mistake was paying a huge sum for Prettylittlething. In the IPO Boohoo said they would be able to buy 100% of Prettylittlething for £5m. All of it for £5m. This ended up at something like £300m.

Second mistake pushing suppliers to provide cheaper and cheaper prices so the suppliers ended up not paying their employees fairly.

Third mistake buying loads and loads of brands when they should have been concentrating on Boohoo, Boohooman, Prettylittlething and Nasty Gal.

Instead of buying all the extra brands, they should have been setting up a warehouse/distribution centre in the EU and US.

They've made too many mistakes and may never come back from them.

More than 19m Boohoo shares traded today.

High volume, lower share price means more sellers.

Level5 - the 2.2m may well have been a sell because you don't know the time of the transaction.

The London Stock Exchange doesn't allow the recording of buys and sells, so this website has to guess depending on the bid and ask price.

These can often be wrong.

You don't know what the bid and ask price was at the time of the transaction of the 2.2m shares.

This is a late reported trade which could have taken place at any time during the opening hours of the London Stock Exchange which are 8.00am to 4.30pm

Loads more competition for Boohoo in USA.

Okehurst1 - you are too fixated on cash and not on profits from sales. Look at where the cash came from and it didn't come from profits on sales. It came from lowering the stock inventory and a bit elsewhere. This isn't profits from sales. This isn't a growing business. This is a business surviving at present.

Please don't reply to my posts because I don't want to go on and on with this.

If you can't see this for yourself, that's down to you.

You'll never learn, will you? It's the Company's job to sell the business to analysts.

An analyst call from nearly a month ago. You are scraping the barrel.

None of Boohoo's brands are making a profit from sales.

You can come up with all the figures you want to try and convince yourself.

The high volume, share price going down should tell you otherwise.

Please don't reply to my posts because you waste my time and energy.