Member Info for Peoplepower1

I bought 360,000 Boohoo shares in 2015 at 27p - have learnt now never to dismiss anything, even "Very". Check everything is now my motto and dismiss nothing.

Like many on here I dismissed Shein as competition to Boohoo. I should have sold at £4 but got too greedy, learnt loads from that one. Boohoo could have done brilliantly had it not been for the Leicester scandal. Should have got out then, again, I thought it wouldn't be as big to the share price as it became. Another valuable lesson learnt. And then Covid-19, Boohoo did brilliantly in the first lockdown and then came the global supply chain problems with higher freight costs. Plus returns have gone mad seemingly due to Omicron.

I don't know if Boohoo has reached its bottom yet. Nobody does. Too many uncertainties around. These will affect all share prices including Boohoo.

Omicron is going to get worse before it gets better. People are frightened. Inflation is going up. Interest rates are going up. Wages are going up. Lack of lorry drivers, warehouse workers, etc. Supply chain problems persisting. Possible global economic downturn with Omicron and whatever other variants of Covid-19 emerge.

Yeah I was wrong on the way down. Maybe I'm wrong on the way back up. Once bitten, twice shy as the saying goes. So now I try to look at all the negatives. They say you learn more from your mistakes than your successes. Too true. And I'm still learning.

trading4good - no I'm on digital tv.

November advertising is not December advertising.

Where's Boohoo's advertising for December, the Christmas month?

To you they will always be Littlewoods. How about the 14 year olds now? They've never heard of Littlewoods?

Also, Very is competition to Debenhams.

jongle - I love you too

ryanf - Very came to my attention through one of my employees who was wearing a great winter jacket which was Very brand. Never dismiss another brand before checking it out completely.

Asos are not the only competition to Boohoo. Shein are huge competition to Boohoo. Shein was started by a computer wizz kid who uses algorithms to get Shein ahead of Boohoo and any other competition.

Clossus - yes, you're right, loads of tv advertising for Very, none for Boohoo.

Very is not for old people.. Please check out this link

https://www.very.co.uk/e/b/200.end?sort=newin,0

ryanf - click on this link to see Very for yourself

https://www.very.co.uk/e/b/200.end?sort=newin,0

Try this one, hope it works better,

https://www.very.co.uk/e/b/200.end?sort=newin,0

https://www.very.co.uk/women/chi-chi-london-petite/dresses/petite/e/b/1655,22217,4293738835.end

Yes, these are "Very" old people.

Did you know the Barclay Brothers also own Yodel?

https://www.yodel.co.uk

Mattyboy - that's your choice.

To everyone else check out the Very website.

Always check out any competition.

Mattyboy - I know that. They sell everything. Have you looked at their website recently or are you simply going to dismiss them?

Mattyboy - take a look at its website to see how it has grown since the Barclay brothers bought it out.

There is more competition for Boohoo, not only Shein.

There is "Very" which I understand is owned by the Barclay Brothers who have very deep pockets and are looking to bring it to IPO.

No-one has all the right answers even Warren Buffett gets it wrong too.

For me, I've made loads of mistakes and no doubt will make many more in the future.

I like what mcklondon has to say. Sadly I missed his post on 28 July 2021. I think I'd come off this board to get away from it all.

I've bought Getting Started in Technical Analysis by Jack D Schwager.

I think with shares and being up against hedge funds with their algorithmic software, I need to learn technical analysis and not rely on just fundamentals for the future.

That's my thinking for what it's worth.

RichTheNewbie - thank you. It's worth knowing.

It makes me wonder if the shorters are able to manipulate the Boohoo share price to suit their own outcome by using algorithmic software.

What do you think?

RichThe Newbie - thank you. Could you explain how you manipulated it in Excel, if possible. Many thanks.

RichTheNewbie - could you please provide a link to where you obtained your information. Many thanks.

On the London Stock Exchange website one of the trade flags is P Algo.

I think P stands for Private Portfolio or something like that and Algo speaks for itself - Algorithms

https://www.londonstockexchange.com/stock/BOO/boohoo-group-plc/trade-recap?page=2

Check out Boohoo trades on the London Stock Exchange and it shows you the actual algo trades.

The above link is for Boohoo and 50 trades that were done on Friday 10 December 2021