RE: Eleva short12 Jun 2023 18:58
Snap.
At least I can admit my mistakes and not blame them on Market makers, funds, shorts or anyone else.
1.3m shares sold can't make the share price fall when 17m have been traded.
Waken up and smell the coffee. Boohoo is no longer profit making. It's unlikely to be profit making for a number of years and it's never going to make the profits it did from 2015 to 2020.
It is profits that counts, not revenue, profits and profits alone, hence why the Boohoo share price is going down.
You can talk about free cash flow, US Distribution Centre, cost cutting, automation.
It's profits and only high profits that will attract investors and institutional investors back to Boohoo.