Member Info for Peoplepower1

Inferno - there's no need for insults. We're all here to learn about shares and not to put other people down. There's no need to behave like that at all, so stop it, it's not a nice way of behaving. If you don't want to learn from others, then don't. There's no need for abuse.

Long term holders are exactly that, long term. They're not three year holders so you can't compare yourself with them on a 3 year period, much as you'd like to. Long term is at least 5 years and preferably longer.

Investing in shares is not a competition, it's about being prepared to learn from others. You sound to me like someone who is very defensive at the moment. I can only assume you've made some big losses recently. You're not happy with yourself and sadly, you're taking it out on me.

Webba1 - is this the link to the tutorial ?

https://www.barchart.com/education/site-features/barchart-opinion

inferno - well, you could say the same for all the institutions who have held Boohoo shares over the last 3 x 12 months. The mistakes that can be made with shares is looking to make short term profits when the big profits are always from holding long term those great growth shares like Boohoo. This is how reading and researching everything, even the posts on here, help you to have the confidence to hold shares long term.

Things like £4.50 by Xmas are tongue in cheek comments and nothing more. They're not meant to be taken seriously.

The most important lesson for us all to learn is that we don't know everything and to be always open and respectful to learning from others even on here.

surprised - wow, well done you and to MonkeyWizard too for spotting Epishine's excitement about this.

inferno - you need to be extremely careful with your investments if you don't have the time to put into reading and researching them in full including the posts on here. I have learnt loads from reading all the posts in full on here.

If you don't have the time to read and research the shares you're holding, then you're apt to making big mistakes and sadly big losses too.

Inferno - it is 5 minute candlesticks at 12 times momentum that moose2010 uses. I don't know of anyone on this board using charts alone as a guaranteed outcome. It is important to read all posts in full, so you can follow the full conversation and learn from it.

inferno - of course, you take these into account too, with the likes of the candlestick patterns and the symmetrical triangle.

My point is it's about learning everything to do with investing in shares. If you don't try to learn about things like candlestick patterns, symmetrical triangles, then you're missing out. It is never one or the other, it is everything. You need to learn everything to become a better investor.

moose2010 takes into account macro economics and all news for his candlestick patterns. moose2010 doesn't simply restrict himself to candlestick patterns. He takes everything into account with them.

mcklondon does the same, he stated long before the Debenhams purchase that a catalyst was needed for the Boohoo share price to break out of the symmetrical triangle.

The Boohoo share price didn't break out immediately after the Debenhams purchase from the symmetrical triangle. It has taken till today for the Boohoo share price to break out of mcklondon's symmetrical triangle chart. He had worked out on his chart the breakout price to be 360p. So moose2010's posts on the candlestick patterns and other events helped with the understanding of where the share price was going during the time the Boohoo share price was stuck in the symmetrical triangle.

More importantly, knowing, learning and understanding all these will help people to hold onto their Boohoo shares rather than getting frightened or frustrated and selling out at a loss.

The more you know about investing in shares, the more confidence you have to hold them rather than get frustrated or frightened and sell them at a loss.

Here is the link to mcklondon's chart on his symmetrical triangle chart for Boohoo share price. Well worth studying:-

https://filebin.net/stf13pyz34jac3y4/E9E9002E-A911-47D5-828C-9E2A668A3BA6.png?t=omqs54e5

Chefmarco - well said and thank you for saying it.

mcklondon's posts on the symmetrical triangle for the Boohoo share price was so enlightening. This is also well worth trying to learn and understand. The breakout point on the symmetrical triangle chart that mcklondon had drawn was 360p.

Inferno - moose2010 uses developing candlestick patterns on a 5 minute 12 times momentum basis to work out where the share price is going. It's worthwhile learning from him about how these work. Always be open to learning everything to do with investing in shares.

Investing dot com is real time too.

The Bank said £125bn more was squirrelled away in UK savings accounts last year.

Wow, that's a lot of money.

Are Institutional Investors starting to buy back into Boohoo?

Mudis - looks to me like Morgan Stanley have sold a load of their Boohoo shares to another Institutional Investor.

Boohoo want to be like Amazon, that's where Boohoo are heading albeit starting from clothes rather than books. Amazon's revenue for 2019 was US$281bn. Plenty to be made from commission only sales for Boohoo.

ragtrade - sadly, you are allowing your supplier's head to rule you. You need to look beyond this to understand Boohoo and where they're going in the future.

ragtrade - Asos's three profit warnings are certainly not small snakes. These show how Asos can get things badly wrong. It seems to me you want Boohoo to operate like Asos because Asos works better for you as a supplier. I think you need to get out of your supplier's head and look beyond this at Boohoo.

ragtrade - it sounds to me like you're letting your supplier's head rule you. I'm sure one back office system might be best for you as a supplier. However, it may not be best for Boohoo. They run their brands as individual brands to prevent overlap. To do your back office system would mean overlap and that wouldn't work for Boohoo.

Mudis - Amazon do the same as Boohoo want to do with their platform website. This is where Boohoo is going.

ragtrade - more than that. I do loads of reading and research. I've held Boohoo shares since 2015. I've done my homework and continue to do it.

For me, I think you allow your view of Boohoo to be limited by your own personal experience. I think you need to read and research beyond this. Boohoo are not Asos. Boohoo work in a different way to Asos. For me, Boohoo are a much more nimble organisation and so are able to be more flexible than Asos.

Boohoo have already bought six brands out of administration and integrated them into Boohoo, set up separate websites with separate management and design teams so they don't overlap. Asos have never done this. TopShop is their first acquisition from administration.

Boohoo have loads more experience than Asos of buying brands out of administration and getting them right.

Boohoo's first buy was the US brand Nasty Gal which they bought for £20m and turned it into revenue of £100m within two years. Since then Boohoo have bough MissPap, Karen Millen, Coast, Oasis and Warehouse and have got them all up and running like separate businesses.

Boohoo have already proved they can do this. Asos have yet to prove themselves at this.