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A short reduction, is a short reduction none the less and signals that hedge funds see this price as the bottom. Also to note Norges bank increased its holding to 4%, who knows if they will keep on adding. Short term pain for the medium/long term gain. Markets are up a lot since yesterday, Boohoo should see a significant rise tomorrow. No restrictions so parties are on and Covid could be over alot sooner than people think. This will be the buy of 2022 IMO

Most of the bad news for Boohoo is out already and Marshall Wace probably missed the dip to buy back there shares and hence added. Boohoo’s selling has been hugely overdone hence the 23 % bounce back. 150-175p will be fair value until a trading update. Expect it to reach these levels very quickly

Bodes very well for Wednesday, this is going up all day long, could catch the shorts out if things keep going well

This is going to recover very quickly, and the share price has sold off too much, everything is going in the right direction. Wednesday will be the tell tell day

https://amp.theguardian.com/world/2021/dec/26/omicron-bleak-new-year-or-beginning-of-the-end-for-the-pandemic

No restrictions, people going to be advised to stay at home and signs that the pandemic will be over quickly, this should really get Boohoo back on track.

Will be a big day on Wednesday, FTSE showing strong gains

The derampers are out in full force today, because everything is playing against them. Employees are told to work from home, no restrictions on NY parties and high street is lower than previously thought meaning online shopping is higher. Expect this to shoot way above £2 very soon

Those that got in near a £1 are so lucky.

https://inews.co.uk/inews-lifestyle/shopping/boxing-day-shoppers-avoiding-high-street-and-buying-online-due-to-omicron-concerns-retail-experts-say-1371261/amp

https://www.fool.co.uk/2021/12/26/my-5-best-stocks-to-buy-for-2022/

Boohoo going to be one of the best shares for 2022

So it looks like we may have a perfect storm for Boohoo, no further restrictions to be announced today which means parties are still on, therefore less returns than anticipated. However many people aren’t going out shopping due to their own choice and shopping online so this is a lot going to increase demand. This is seriously undervalued here IMO, couldn’t of asked for a better turn of events

Boohoo

Suggesting that Boohoo (LSE: BOO) might be one of the best stocks to buy for 2022 sounds nothing short of fanciful right now. The fast-fashion giant’s value has plummeted this year as increased costs, corporate governance concerns, reduced sales guidance and higher levels of returns have all pushed investors to the exits.

It’s undoubtedly been a tricky year and problems may persist. However, the share price capitulation looks overdone to these eyes. Boohoo is far from being financially vulnerable. Thanks to some canny acquisitions over the pandemic, it also boasts a far larger portfolio of brands. The purchase of Debenhams, for example, opens up a lot of new markets, including make-up and homewares.

Simplistic as it sounds, it can often be the case that this year’s losers turn into next year’s winners. I wonder if this might be the case with Boohoo. If the next update is even remotely better than forecast, we could see a squeeze on short sellers and the share price could fly. Surely the margin of safety has never been better?

https://www.fool.co.uk/2021/12/26/my-5-best-stocks-to-buy-for-2022/

Not to mention that T Rowe Price have 11% of boohoo, that is some conviction and at a lot higher price

Just remember that as the dress mix comes down, returns will start to decrease and with more restrictions will mean people will be purchasing online for loungewear.

https://www.business-live.co.uk/retail-consumer/boohoo-sales-soar-lockdown-despite-19622102.amp

Shorters can get things wrong, and in this instance even when they were increasing the price went up. Boohoo shares are very low and hugely undervaluing there business.

https://amp.theguardian.com/business/2021/dec/23/post-christmas-forecast-omicron-covid-high-streets-uk

https://www.lovemoney.com/news/amp/62612/expert-share-tips-uk-what-to-buy-hold-sell

Last chance to buy before it trades a lot higher, share price is hugely undervalued and I suspect the board will be bringing things out in the NY to get it higher.

If the Shorters get caught on the wrong side they will send this into orbit.

No concerns they have been shorting for a while and just want to squeeze more, but I think they have called it wrong if this can drop further. These hedge funds literally want more and more, they will be buying back soon as it’s bounced nearly 25% from the lows, the 2 other hedge funds shorting have brought back

Looking very strong, would be a great finish if we can

https://internetretailing.net/industry/industry/boohoo-sales-grow-41-over-lockdown-as-profits-hit-1247m-23120

This article sums it up, if covid sorts itself out quick with a 2 week breaker lockdown this is going to be the perfect storm for Boohoo

https://theloadstar.com/airfreight-rates-to-us-soften-but-it-may-not-be-a-happy-new-year-for-shippers/